DY vs IESC vs EME Stock Comparison

Dycom Industries, IES Holdings and Emcor Prices as of Oct 26, 2026 Peers: Industry group
DY Dycom Industries Inc
$228.68 -15.8% 1M -21.7% 1Y
Market cap
$6.67B
P/E
–
Revenue (TTM)
—
Div. yield
–
Utility Construction Industrials
1 win
IESC IES Holdings, Inc.
$216.94 -33.1% 1M -50.4% 1Y
Market cap
$9.07B
P/E
19.9x
Revenue (TTM)
$3.99B
Div. yield
–
Utility Construction Industrials
4 wins
EME EMCOR Group, Inc.
$665.73 -12.7% 1M -11.0% 1Y
Market cap
$29.67B
P/E
20.6x
Revenue (TTM)
$18.60B
Div. yield
0.00%
Engineering and Construction Industrials
4 wins

Head to Head

9 decided of 12

Emcor leads on 4 of the 12 questions below (Emcor 4, IES Holdings 4, Dycom Industries 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDYIESCEMELeader
Larger companyMarket capitalisation $6.67B $9.07B $29.67B EME
Cheaper on earningsLower P/E, profitable companies only — 19.9x 20.6x IESC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.9x 20.0x 19.2x DY
Faster revenue growthRevenue growth, trailing twelve months — +22.7% +18.9% IESC
More profitableNet margin, trailing twelve months — 11.4% 7.7% IESC
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -21.7% -50.4% -11.0% EME
Better 5-year returnAnnualised price return, 5 years +23.6%/yr +34.4%/yr +41.7%/yr EME
Less volatileAnnualised volatility, 1 year 53.0% 105.4% 45.5% EME
Higher overall scoreMean of the five percentile scores vs peers — 67/100 64/100 IESC

Percentile Scorecard

DYIESCEME

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDYIESCEME
Valuation – 47 #28 of 52 57 #23 of 52
Growth – 83 #7 of 37 56 #17 of 37
Profitability – 92 #4 of 37 86 #6 of 37
Financial Health 57 #25 of 57 89 #7 of 57 70 #18 of 57
Shareholder Returns – 23 #21 of 27 54 #13 of 27
Overall – 67 64
  • DY ranked among 57 companies in Construction Services
  • IESC ranked among 57 companies in Construction Services
  • EME ranked among 57 companies in Construction Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDYIESCEMESPY
1 month -15.8%-33.1%-12.7% -0.8%
3 months -46.1%-64.0%-10.4% +3.5%
6 months -45.0%-64.3%-24.8% +7.0%
Year to date -32.3%-44.2%+8.8% +12.2%
1 year -21.7%-50.4%-11.0% +13.0%
3 years +170.1%+254.8%+224.2% +86.3%
3 years, per year +39.3%+52.6%+48.0% +23.1%
5 years +187.7%+338.3%+471.3% +68.6%
5 years, per year +23.6%+34.4%+41.7% +11.0%
10 years +215.4%+1,396.1%+1,083.3% +258.0%
10 years, per year +12.2%+31.1%+28.0% +13.6%

Risk

MeasureDYIESCEMESPY
Volatility, 1Y 53.0%105.4%45.5% 12.7%
Downside volatility, 1Y 50.8%130.3%48.2% 12.7%
Beta vs S&P 500, 1Y 1.752.971.93 1.00
Return / volatility, 1Y -0.41-0.48-0.24 1.02
Max drawdown, 5Y -58.0%-73.1%-36.2% -25.4%
From 52-week high -57.3%-72.7%-29.5% -1.8%
52-week high $535.20$793.96$943.75 $779.14
52-week low $224.52$213.54$581.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDYIESCEME
P/E now vs peer median —median 25.7x 19.0xmedian 25.7x 20.5xmedian 25.7x
P/S now vs peer median —median 0.8x 2.2xmedian 0.8x 1.6xmedian 0.8x
EV/EBITDA now vs peer median —median 12.9x 15.0xmedian 12.9x 13.4xmedian 12.9x
P/FCF now vs peer median —median 22.5x 37.8xmedian 22.5x 25.1xmedian 22.5x
P/B now vs peer median 3.7xmedian 2.3x 7.0xmedian 2.3x 7.2xmedian 2.3x
PEG now vs peer median —median 0.56 0.25median 0.56 0.44median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDYIESCEME
Revenue – $3.99B $18.60B
Gross profit – $1.05B $3.61B
Operating income – $492.85M $1.93B
Net income – $457.91M $1.44B
Free cash flow – $228.40M $1.17B
EPS (diluted) – $11.29 $32.30
Cash & equivalents $709.17M $77.28M $924.41M
Total debt $5.82B – –
Shares (diluted) 29.33M 40.40M 44.55M
Enterprise value $5.80B $7.93B $26.06B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDYIESCEME
P/E – 19.0x 20.5x
P/FCF – 37.8x 25.1x
P/Operating cash flow – 23.3x 22.8x
P/S – 2.2x 1.6x
P/B 3.7x 7.0x 7.2x
P/Tangible book 7.3x 7.4x 9.8x
EV/EBITDA – 15.0x 13.4x
EV/EBIT – 16.8x 14.8x
EV/Revenue – 2.1x 1.5x
EV/FCF – 36.2x 24.4x
EV/Operating cash flow – 22.2x 22.1x
PEG (3Y EPS CAGR) – 0.25 0.44

Growth

14 metrics
MetricDYIESCEME
Revenue growth (1Y) – 22.7% 18.9%
Revenue CAGR (3Y) – 19.3% 16.7%
Gross profit growth (1Y) – 29.0% 18.5%
Gross profit CAGR (3Y) – 37.7% 26.3%
Operating income growth (1Y) – 39.1% 29.9%
Operating income CAGR (3Y) – 55.3% 41.7%
Net income growth (1Y) – 66.5% 30.2%
Net income CAGR (3Y) – 67.8% 43.8%
EPS growth (1Y) – 69.8% 31.5%
EPS CAGR (3Y) – 74.5% 47.0%
Operating cash flow growth (1Y) – 50.4% -0.6%
Operating cash flow CAGR (3Y) – 41.6% 20.8%
Free cash flow growth (1Y) – 23.2% -3.1%
Free cash flow CAGR (3Y) – 25.1% 20.3%

Profitability

14 metrics
MetricDYIESCEME
Gross margin – 26.3% 19.4%
EBITDA margin – 13.8% 11.5%
Operating margin – 12.4% 10.4%
Pretax margin – 14.5% 10.5%
Net margin – 11.4% 7.7%
FCF margin – 5.7% 6.3%
Operating cash flow margin – 9.3% 6.9%
Return on equity – 39.8% 36.2%
Return on assets – 21.4% 14.6%
Return on invested capital – – –
Return on capital employed – 41.3% 41.9%
Asset turnover – 1.9x 1.9x
Cash conversion (OCF / net income) – 0.8x 0.9x
Stock comp / revenue – 0.4% 0.1%

Financial Health

11 metrics
MetricDYIESCEME
Debt / assets 47.1% – –
Debt / equity 1.5x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 68.9% 46.0% 59.8%
Equity / assets 31.1% 54.0% 40.2%
Interest coverage – 140.8x –
Current ratio 2.7x 1.6x 1.3x
Quick ratio 2.4x 1.2x 1.2x
Cash ratio 0.7x 0.4x 0.2x
Altman Z-score – 8.45 6.46

Shareholder Returns

7 metrics
MetricDYIESCEME
Dividend yield – – 0.2%
Net buyback yield – 0.2% 1.4%
Shareholder yield – 0.2% 1.7%
Payout ratio (earnings) – – 4.0%
Payout ratio (FCF) – – 4.9%
Dividend growth (1Y) – – 26.6%
Dividend CAGR (3Y) – – 25.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDYIESCEME
Forward P/E 13.9xFY2026 20.0xFY2026 19.2xFY2026
EPS, next fiscal year $16.42FY2026 $10.85FY2026 $34.73FY2026
EPS growth, next FY +37.2%FY2026 +58.9%FY2026 +34.2%FY2026
EPS growth, the year after +28.1% +18.0% +10.7%
Revenue, next fiscal year $7.06BFY2026 $4.10BFY2026 $19.07BFY2026
Revenue growth, next FY +27.2%FY2026 +21.7%FY2026 +12.2%FY2026
Revenue growth, the year after +26.8% +60.7% +13.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDYIESCEME
Held by institutions 92.8% 96.8% 93.1%
Institutions holding 618 412 1,235
Change in shares held, QoQ -2.1% +0.6% -0.1%
Institutions buying 339 224 659
Institutions selling 210 144 419
Buyers to sellers 1.61 1.56 1.57

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DYIESCEME
DY 1.00 0.38 0.56
IESC 0.38 1.00 0.49
EME 0.56 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DY, IESC and EME?

Emcor (EME) is the largest by market capitalisation: Dycom Industries (DY) $6.67B, IES Holdings (IESC) $9.07B, Emcor (EME) $29.67B.

Which stock is cheaper, DY, IESC and EME?

IES Holdings (IESC) trades on the lowest price-to-earnings ratio (IES Holdings (IESC) 19.9x, Emcor (EME) 20.6x). On next year's consensus earnings, Dycom Industries (DY) is cheapest (Dycom Industries (DY) 13.9x, IES Holdings (IESC) 20.0x, Emcor (EME) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

IES Holdings (IESC) grew revenue fastest over the trailing twelve months: IES Holdings (IESC) +22.7%, Emcor (EME) +18.9%.

Which company is more profitable?

IES Holdings (IESC) has the highest net margin (IES Holdings (IESC) 11.4%, Emcor (EME) 7.7%).

Which stock has performed better?

Over the past year Emcor (EME) returned the most: Dycom Industries (DY) -21.7%, IES Holdings (IESC) -50.4%, Emcor (EME) -11.0%. Over five years, Emcor (EME) compounded fastest (Dycom Industries (DY) +23.6%/yr, IES Holdings (IESC) +34.4%/yr, Emcor (EME) +41.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dycom Industries (DY) 0.00%, IES Holdings (IESC) 0.00%, Emcor (EME) 0.00%. Dycom Industries (DY) and IES Holdings (IESC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emcor (EME) has been the steadiest (Dycom Industries (DY) 53.0%, IES Holdings (IESC) 105.4%, Emcor (EME) 45.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DY, IESC and EME?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emcor (EME) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.