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IES Holdings, Inc. IESC Impairment Charges

Impairment Charges at other companies

Resideo Technologies, Inc. logo
Resideo Technologies, Inc.REZI
$6M+50.0%

Other financials

Income statement

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Revenue$974.3M+16.8%
Gross profit$254.8M+22.0%
Operating income$112.3M+21.1%
Net income$110.3M+52.0%
EPS (diluted)$5.44+55.4%

Balance sheet

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Cash & equivalents$48.7M+117%
Total debt$107.4M+108%
Total equity$1.1B+52.0%
Total assets$2.0B+46.1%

Cash flow

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Operating cash flow$103.3M+316%
CapEx$31.8M+87.8%
Free cash flow$71.5M+805%

Valuation

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Market cap$15.31B+135%
Enterprise value$15.37B+137%
P/E40.5×+15.6×
P/S4.2×+2.2×

Profitability

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Gross margin26.1%+1.5pp
Operating margin11.7%+1.1pp
Net margin10.4%+2.4pp
FCF margin6.6%+1.0pp

Returns & leverage

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Return on equity42.5%+2.3pp
Debt / equity0.1×0.0×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by IES Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: IES Holdings, Inc.’s 10-K, filed December 6, 2022.

Filed
Dec 6, 2022, 7:48 AM EST
Fiscal year
FY2022
Accession
0001048268-22-000099
Line itemYear Ended September 30, 2022Year Ended September 30, 2021Year Ended September 30, 2020
Cost of services1,847,8781,248,495962,897
Gross profit318,930287,998227,959
Selling, general and administrative expenses262,714202,251170,911
Goodwill impairment expense6,976
Contingent consideration277211(11)
Gain on sale of assets(69)(47)
Operating income56,00885,58350,083
Interest and other (income) expense:

Item 8. Financial Statements and Supplementary Data

FAQ

What is IES Holdings, Inc.'s impairment charges?
IES Holdings, Inc. (IESC) reported impairment charges of $0 in Q3 2022.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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