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IES Holdings, Inc. IESC Noncontrolling interests in subsidiaries

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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$15.2B+127%
Enterprise value$15.26B+129%
P/E40.2×+14.6×
P/S4.2×+2.1×

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:MinorityInterest.

The source filing: IES Holdings, Inc.’s 10-Q, filed May 1, 2026.

Filed
Apr 30, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001048268-26-000086
Line itemMarch 31, 2026September 30, 2025
Other tax liabilities7,4866,755
Other non-current liabilities3,8925,549
Total liabilities916,788707,699
Noncontrolling interest4,5724,007
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued
and outstanding

Item 1. Financial Statements

FAQ

What is IES Holdings, Inc.'s noncontrolling interests in subsidiaries?
IES Holdings, Inc. (IESC) reported noncontrolling interests in subsidiaries of $4.57M in Q1 2026.
How has IES Holdings, Inc.'s noncontrolling interests in subsidiaries changed year-over-year?
IES Holdings, Inc.'s noncontrolling interests in subsidiaries decreased by 88.8% year-over-year, from $40.75M to $4.57M.
What is the long-term trend for IES Holdings, Inc.'s noncontrolling interests in subsidiaries?
Over 4 years (2021 to 2025), IES Holdings, Inc.'s noncontrolling interests in subsidiaries has grown at a -36.5% compound annual growth rate (CAGR), from $24.59M to $4.01M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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