IESC vs APG vs ECG Stock Comparison

IES Holdings, APi and Everus Construction Prices as of Oct 27, 2026 Peers: Industry group
IESC IES Holdings, Inc.
$227.40 -29.8% 1M -44.9% 1Y
Market cap
$9.00B
P/E
19.7x
Revenue (TTM)
$3.99B
Div. yield
–
Utility Construction Industrials
3 wins
APG APi Group Corp
$40.80 +6.1% 1M +17.7% 1Y
Market cap
$17.87B
P/E
–
Revenue (TTM)
$8.44B
Div. yield
–
Facility Services Industrials
3 wins

Head to Head

11 decided of 12

Everus Construction leads on 5 of the 12 questions below (Everus Construction 5, APi 3, IES Holdings 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIESCAPGECGLeader
Larger companyMarket capitalisation $9.00B $17.87B $5.40B APG
Cheaper on earningsLower P/E, profitable companies only 19.7x -72.0x 21.2x IESC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.0x 24.1x 19.7x ECG
Faster revenue growthRevenue growth, trailing twelve months +22.7% +14.1% +30.5% ECG
More profitableNet margin, trailing twelve months 11.4% -2.9% 6.0% IESC
Better return on capitalReturn on invested capital — 6.7% 23.9% ECG
Less leveragedLower net debt / EBITDA — 2.8x 0.3x ECG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -44.9% +17.7% +11.0% APG
Better 5-year returnAnnualised price return, 5 years +35.4%/yr +23.1%/yr — IESC
Less volatileAnnualised volatility, 1 year 105.3% 30.0% 62.2% APG
Higher overall scoreMean of the five percentile scores vs peers 66/100 44/100 78/100 ECG

Percentile Scorecard

IESCAPGECG

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

AxisIESCAPGECG
Valuation 41 #31 of 52 27 #82 of 112 71 #16 of 52
Growth 83 #7 of 37 76 #24 of 96 81 #8 of 37
Profitability 92 #4 of 37 54 #42 of 91 83 #7 of 37
Financial Health 88 #8 of 57 46 #68 of 125 77 #14 of 57
Shareholder Returns 27 #20 of 27 17 #56 of 67 –
Overall 66 44 78
  • IESC ranked among 57 companies in Construction Services
  • APG ranked among 130 companies in Business Services
  • ECG ranked among 57 companies in Construction Services

Price Performance

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

Returns

PeriodIESCAPGECGSPY
1 month -29.8%+6.1%-12.9% -0.2%
3 months -58.2%+3.7%-13.1% +3.9%
6 months -62.2%-16.2%-25.5% +8.2%
Year to date -41.5%+6.6%+19.0% +12.9%
1 year -44.9%+17.7%+11.0% +12.3%
3 years +271.9%+140.4%— +87.4%
3 years, per year +55.0%+34.0%— +23.3%
5 years +355.3%+182.4%— +67.9%
5 years, per year +35.4%+23.1%— +10.9%
10 years +1,457.5%—— +261.1%
10 years, per year +31.6%—— +13.7%

Risk

MeasureIESCAPGECGSPY
Volatility, 1Y 105.3%30.0%62.2% 12.7%
Downside volatility, 1Y 130.3%31.0%62.2% 12.7%
Beta vs S&P 500, 1Y 2.981.282.70 1.00
Return / volatility, 1Y -0.430.590.18 0.97
Max drawdown, 5Y -73.1%-49.6%-56.2% -25.4%
From 52-week high -71.4%-17.4%-39.8% -1.2%
52-week high $793.96$49.40$169.16 $779.14
52-week low $213.54$34.31$80.42 $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.

MultipleIESCAPGECG
P/E now vs peer median 19.9xmedian 26.7x -71.2xmedian 21.2x 20.4xmedian 26.7x
P/S now vs peer median 2.3xmedian 0.8x 2.1xmedian 0.9x 1.2xmedian 0.8x
EV/EBITDA now vs peer median 15.7xmedian 13.1x 21.5xmedian 11.9x 14.4xmedian 13.1x
P/FCF now vs peer median 39.7xmedian 23.0x 26.1xmedian 13.7x 20.8xmedian 23.0x
P/B now vs peer median 7.4xmedian 2.4x 5.0xmedian 2.4x 6.7xmedian 2.4x
PEG now vs peer median 0.27median 0.57 1.02median 1.00 —median 0.57

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 monthsIESCAPGECG
Revenue $3.99B $8.44B $4.27B
Gross profit $1.05B $2.65B $555.38M
Operating income $492.85M $605.00M $330.71M
Net income $457.91M $346.00M $254.46M
Free cash flow $228.40M $676.00M $250.37M
EPS (diluted) $11.29 $-0.57 $4.97
Cash & equivalents $77.28M $851.00M $176.70M
Total debt – $3.52B $274.50M
Shares (diluted) 40.40M 437.00M 51.22M
Enterprise value $7.86B $14.90B $4.61B

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
MetricIESCAPGECG
P/E 19.9x -71.2x 20.4x
P/FCF 39.7x 26.1x 20.8x
P/Operating cash flow 24.4x 22.5x 16.2x
P/S 2.3x 2.1x 1.2x
P/B 7.4x 5.0x 6.7x
P/Tangible book 7.7x 9.9x 7.4x
EV/EBITDA 15.7x 21.5x 14.4x
EV/EBIT 17.6x 33.6x 16.0x
EV/Revenue 2.2x 2.4x 1.2x
EV/FCF 38.0x 30.0x 21.1x
EV/Operating cash flow 23.4x 26.0x 16.5x
PEG (3Y EPS CAGR) 0.27 1.02 –

Growth

14 metrics
MetricIESCAPGECG
Revenue growth (1Y) 22.7% 14.1% 30.5%
Revenue CAGR (3Y) 19.3% 7.3% –
Gross profit growth (1Y) 29.0% 15.4% 42.9%
Gross profit CAGR (3Y) 37.7% 13.3% –
Operating income growth (1Y) 39.1% 24.7% 48.2%
Operating income CAGR (3Y) 55.3% 27.8% –
Net income growth (1Y) 66.5% 39.5% 53.5%
Net income CAGR (3Y) 67.8% 40.8% –
EPS growth (1Y) 69.8% -272.3% 53.1%
EPS CAGR (3Y) 74.5% -69.5% –
Operating cash flow growth (1Y) 50.4% 20.7% 67.2%
Operating cash flow CAGR (3Y) 41.6% 24.3% –
Free cash flow growth (1Y) 23.2% 18.8% 94.5%
Free cash flow CAGR (3Y) 25.1% 28.9% –

Profitability

14 metrics
MetricIESCAPGECG
Gross margin 26.3% 31.4% 13.0%
EBITDA margin 13.8% 11.2% 8.6%
Operating margin 12.4% 7.2% 7.8%
Pretax margin 14.5% 5.5% 7.7%
Net margin 11.4% -2.9% 6.0%
FCF margin 5.7% 8.0% 5.9%
Operating cash flow margin 9.3% 9.3% 7.5%
Return on equity 39.8% 9.9% 32.6%
Return on assets 21.4% 3.7% 12.2%
Return on invested capital – 6.7% 23.9%
Return on capital employed 41.3% 8.7% 32.3%
Asset turnover 1.9x 0.9x 2.2x
Cash conversion (OCF / net income) 0.8x 2.3x 1.3x
Stock comp / revenue 0.4% 0.5% 0.2%

Financial Health

11 metrics
MetricIESCAPGECG
Debt / assets – 35.4% 13.3%
Debt / equity – 1.0x 0.4x
Net debt / EBITDA – 2.8x 0.3x
Debt / FCF – 5.2x 1.1x
Liabilities / assets 46.0% 64.7% 62.4%
Equity / assets 54.0% 35.3% 37.6%
Interest coverage 140.8x 4.3x 16.8x
Current ratio 1.6x 1.4x 1.6x
Quick ratio 1.2x 1.3x 1.5x
Cash ratio 0.4x 0.3x 0.2x
Altman Z-score 8.68 2.91 5.78

Shareholder Returns

7 metrics
MetricIESCAPGECG
Dividend yield – – –
Net buyback yield 0.2% 0.4% –
Shareholder yield 0.2% 0.4% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusIESCAPGECG
Forward P/E 21.0xFY2026 24.1xFY2026 19.7xFY2026
EPS, next fiscal year $10.85FY2026 $1.69FY2026 $5.16FY2026
EPS growth, next FY +58.9%FY2026 +14.2%FY2026 +30.6%FY2026
EPS growth, the year after +18.0% +16.0% +8.5%
Revenue, next fiscal year $4.10BFY2026 $9.25BFY2026 $4.57BFY2026
Revenue growth, next FY +21.7%FY2026 +16.9%FY2026 +21.8%FY2026
Revenue growth, the year after +60.7% +8.4% +16.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIESCAPGECG
Held by institutions 96.8% 84.5% 84.9%
Institutions holding 412 581 537
Change in shares held, QoQ +0.6% +5.1% +2.3%
Institutions buying 224 306 262
Institutions selling 144 205 162
Buyers to sellers 1.56 1.49 1.62

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.

IESCAPGECG
IESC 1.00 0.40 0.50
APG 0.40 1.00 0.48
ECG 0.50 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IESC, APG and ECG?

APi (APG) is the largest by market capitalisation: IES Holdings (IESC) $9.00B, APi (APG) $17.87B, Everus Construction (ECG) $5.40B.

Which stock is cheaper, IESC, APG and ECG?

IES Holdings (IESC) trades on the lowest price-to-earnings ratio (IES Holdings (IESC) 19.7x, APi (APG) -72.0x, Everus Construction (ECG) 21.2x). On next year's consensus earnings, Everus Construction (ECG) is cheapest (IES Holdings (IESC) 21.0x, APi (APG) 24.1x, Everus Construction (ECG) 19.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Everus Construction (ECG) grew revenue fastest over the trailing twelve months: IES Holdings (IESC) +22.7%, APi (APG) +14.1%, Everus Construction (ECG) +30.5%.

Which company is more profitable?

IES Holdings (IESC) has the highest net margin (IES Holdings (IESC) 11.4%, APi (APG) -2.9%, Everus Construction (ECG) 6.0%). On return on invested capital, Everus Construction (ECG) leads (APi (APG) 6.7%, Everus Construction (ECG) 23.9%).

Which stock has performed better?

Over the past year APi (APG) returned the most: IES Holdings (IESC) -44.9%, APi (APG) +17.7%, Everus Construction (ECG) +11.0%. Over five years, IES Holdings (IESC) compounded fastest (IES Holdings (IESC) +35.4%/yr, APi (APG) +23.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, APi (APG) has been the steadiest (IES Holdings (IESC) 105.3%, APi (APG) 30.0%, Everus Construction (ECG) 62.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IESC, APG and ECG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Everus Construction (ECG) leads on 5. 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.