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IES Holdings, Inc. IESC Minority Interest Decrease From Redemptions

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IES
IES Holdings, Inc.IESC
$8M

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:MinorityInterestDecreaseFromRedemptions.

The source filing: IES Holdings, Inc.’s 10-K, filed November 21, 2025.

Filed
Nov 21, 2025
Fiscal year
FY2025
Accession
0001048268-25-000174

On June 28, 2024, we purchased the remaining 20 percent noncontrolling interest in Bayonet for $32,000, and on July 1, 2025, we purchased the remaining 20 percent noncontrolling interest in Edmonson for $40,000. As we retained our controlling interest in these companies, the changes in ownership interests were accounted for as equity transactions. The difference between the balance of the noncontrolling interest at the date of redemption of the remaining interests and the consideration paid was recognized in Additional Paid-In Capital in the accompanying Consolidated Balance Sheets and was not reflected in earnings.

Item 8. Financial Statements and Supplementary Data

FAQ

What is IES Holdings, Inc.'s minority interest decrease from redemptions?
IES Holdings, Inc. (IESC) reported minority interest decrease from redemptions of $8M in Q3 2024.
What does minority interest decrease from redemptions mean?
This represents the reduction in the value of noncontrolling interests due to the redemption or repurchase of equity stakes held by minority partners. It reflects the company's effort to consolidate ownership by buying out minority shareholders.

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