PWR vs IESC vs EME Stock Comparison

Quanta Services, IES Holdings and Emcor Prices as of Nov 2, 2026 Peers: Industry group
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PWR Quanta Services, Inc.
$621.10 -8.2% 1M +38.3% 1Y
Market cap
$93.34B
P/E
55.5x
Revenue (TTM)
$37.29B
Div. yield
0.07%
Utility Construction Industrials
3 wins
IESC IES Holdings, Inc.
$196.07 -42.2% 1M -50.0% 1Y
Market cap
$7.81B
P/E
17.1x
Revenue (TTM)
$3.99B
Div. yield
–
Utility Construction Industrials
4 wins
EME EMCOR Group, Inc.
$682.75 -13.2% 1M +1.0% 1Y
Market cap
$30.20B
P/E
19.6x
Revenue (TTM)
$19.84B
Div. yield
0.23%
Engineering and Construction Industrials
3 wins

Head to Head

10 decided of 12

IES Holdings leads on 4 of the 12 questions below (IES Holdings 4, Quanta Services 3, Emcor 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPWRIESCEMELeader
Larger companyMarket capitalisation $93.34B $7.81B $30.20B PWR
Cheaper on earningsLower P/E, profitable companies only 55.5x 17.1x 19.6x IESC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.1x 18.1x 19.7x IESC
Faster revenue growthRevenue growth, trailing twelve months +37.1% +22.7% +22.1% PWR
More profitableNet margin, trailing twelve months 4.5% 11.4% 7.8% IESC
Better return on capitalReturn on invested capital 11.7% — — –
Less leveragedLower net debt / EBITDA 1.3x — — –
Higher dividend yieldTrailing dividend yield 0.07% — 0.23% EME
Better 1-year returnPrice return, last 12 months +38.3% -50.0% +1.0% PWR
Better 5-year returnAnnualised price return, 5 years +39.7%/yr +30.8%/yr +40.9%/yr EME
Less volatileAnnualised volatility, 1 year 45.3% 105.6% 41.5% EME
Higher overall scoreMean of the five percentile scores vs peers 59/100 70/100 70/100 IESC

Percentile Scorecard

PWRIESCEME

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

AxisPWRIESCEME
Valuation 29 #37 of 52 59 #22 of 52 69 #17 of 52
Growth 86 #6 of 37 81 #8 of 37 69 #12 of 37
Profitability 78 #9 of 37 89 #5 of 37 92 #4 of 37
Financial Health 55 #26 of 57 89 #7 of 57 59 #24 of 57
Shareholder Returns 44 #16 of 28 33 #19 of 28 59 #12 of 28
Overall 59 70 70
  • PWR 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

PeriodPWRIESCEMESPY
1 month -8.2%-42.2%-13.2% -2.3%
3 months -8.7%-73.0%-16.5% -0.7%
6 months -18.0%-68.7%-25.0% +4.8%
Year to date +47.2%-49.6%+11.6% +10.3%
1 year +38.3%-50.0%+1.0% +10.3%
3 years +267.1%+217.0%+224.8% +73.0%
3 years, per year +54.3%+46.9%+48.1% +20.1%
5 years +431.7%+282.9%+454.8% +61.9%
5 years, per year +39.7%+30.8%+40.9% +10.1%
10 years +2,080.1%+1,266.3%+1,045.6% +258.6%
10 years, per year +36.1%+29.9%+27.6% +13.6%

Risk

MeasurePWRIESCEMESPY
Volatility, 1Y 45.3%105.6%41.5% 12.8%
Downside volatility, 1Y 42.8%129.6%40.8% 12.8%
Beta vs S&P 500, 1Y 1.732.991.78 1.00
Return / volatility, 1Y 0.85-0.470.02 0.80
Max drawdown, 5Y -33.9%-75.3%-36.2% -25.4%
From 52-week high -20.9%-75.3%-27.7% -3.5%
52-week high $785.24$793.96$943.75 $779.14
52-week low $413.17$196.07$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.

MultiplePWRIESCEME
P/E now vs peer median 55.5xmedian 27.3x 17.1xmedian 27.3x 19.6xmedian 27.3x
P/S now vs peer median 2.5xmedian 0.8x 2.0xmedian 0.8x 1.5xmedian 0.8x
EV/EBITDA now vs peer median 26.9xmedian 13.1x 13.5xmedian 13.1x 12.9xmedian 13.1x
P/FCF now vs peer median 30.6xmedian 22.4x 34.2xmedian 22.4x 20.4xmedian 22.4x
P/B now vs peer median 8.8xmedian 2.5x 6.4xmedian 2.5x 7.1xmedian 2.5x
PEG now vs peer median 1.68median 0.63 0.23median 0.63 0.44median 0.63

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 monthsPWRIESCEME
Revenue $37.29B $3.99B $19.84B
Gross profit $5.88B $1.05B $3.89B
Operating income $2.55B $492.85M $2.07B
Net income $1.71B $457.91M $1.54B
Free cash flow $3.05B $228.40M $1.48B
EPS (diluted) $11.04 $11.29 $34.65
Cash & equivalents $2.32B $77.28M $774.75M
Total debt $6.99B – –
Shares (diluted) 152.44M 40.40M 44.55M
Enterprise value $89.80B $6.68B $26.48B

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
MetricPWRIESCEME
P/E 55.5x 17.1x 19.6x
P/FCF 30.6x 34.2x 20.4x
P/Operating cash flow 22.9x 21.0x 18.7x
P/S 2.5x 2.0x 1.5x
P/B 8.8x 6.4x 7.1x
P/Tangible book 12.5x 6.6x 10.7x
EV/EBITDA 26.9x 13.5x 12.9x
EV/EBIT 38.5x 15.1x 14.2x
EV/Revenue 2.6x 1.9x 1.5x
EV/FCF 32.1x 32.5x 19.9x
EV/Operating cash flow 24.1x 20.0x 18.3x
PEG (3Y EPS CAGR) 1.68 0.23 0.44

Growth

14 metrics
MetricPWRIESCEME
Revenue growth (1Y) 37.1% 22.7% 22.1%
Revenue CAGR (3Y) 24.1% 19.3% 17.9%
Gross profit growth (1Y) 42.6% 29.0% 23.4%
Gross profit CAGR (3Y) 27.9% 37.7% 26.4%
Operating income growth (1Y) 61.2% 39.1% 35.5%
Operating income CAGR (3Y) 33.7% 55.3% 39.4%
Net income growth (1Y) 65.6% 66.5% 36.6%
Net income CAGR (3Y) 34.1% 67.8% 41.2%
EPS growth (1Y) 64.2% 69.8% 37.8%
EPS CAGR (3Y) 33.1% 74.5% 44.2%
Operating cash flow growth (1Y) 124.2% 50.4% 29.2%
Operating cash flow CAGR (3Y) 52.1% 41.6% 29.9%
Free cash flow growth (1Y) 143.8% 23.2% 29.0%
Free cash flow CAGR (3Y) 60.4% 25.1% 30.4%

Profitability

14 metrics
MetricPWRIESCEME
Gross margin 15.8% 26.3% 19.6%
EBITDA margin 9.8% 13.8% 11.5%
Operating margin 6.8% 12.4% 10.4%
Pretax margin 6.0% 14.5% 10.5%
Net margin 4.5% 11.4% 7.8%
FCF margin 8.2% 5.7% 7.5%
Operating cash flow margin 10.9% 9.3% 8.1%
Return on equity 16.8% 39.8% 36.9%
Return on assets 5.6% 21.4% 14.4%
Return on invested capital 11.7% – –
Return on capital employed 14.9% 41.3% 44.5%
Asset turnover 1.2x 1.9x 1.9x
Cash conversion (OCF / net income) 2.4x 0.8x 1.0x
Stock comp / revenue 0.7% 0.4% 0.1%

Financial Health

11 metrics
MetricPWRIESCEME
Debt / assets 21.3% – –
Debt / equity 0.7x – –
Net debt / EBITDA 1.3x – –
Debt / FCF 2.3x – –
Liabilities / assets 67.6% 46.0% 61.9%
Equity / assets 32.4% 54.0% 38.1%
Interest coverage 8.3x 140.8x –
Current ratio 1.2x 1.6x 1.2x
Quick ratio 1.1x 1.2x 1.1x
Cash ratio 0.2x 0.4x 0.1x
Altman Z-score 4.35 7.97 5.97

Shareholder Returns

7 metrics
MetricPWRIESCEME
Dividend yield 0.1% – 0.2%
Net buyback yield – 0.3% 2.0%
Shareholder yield 0.1% 0.3% 2.3%
Payout ratio (earnings) 3.8% – 4.2%
Payout ratio (FCF) 2.2% – 4.3%
Dividend growth (1Y) 12.1% – 42.2%
Dividend CAGR (3Y) 12.7% – 27.2%

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.

ConsensusPWRIESCEME
Forward P/E 39.1xFY2026 18.1xFY2026 19.7xFY2026
EPS, next fiscal year $15.88FY2026 $10.85FY2026 $34.73FY2026
EPS growth, next FY +47.7%FY2026 +58.9%FY2026 +34.2%FY2026
EPS growth, the year after +27.0% +18.0% +10.7%
Revenue, next fiscal year $40.73BFY2026 $4.10BFY2026 $19.07BFY2026
Revenue growth, next FY +43.0%FY2026 +21.7%FY2026 +12.2%FY2026
Revenue growth, the year after +9.6% +60.7% +13.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPWRIESCEME
Held by institutions 88.9% 96.8% 93.1%
Institutions holding 1,922 414 1,237
Change in shares held, QoQ +13.5% +0.6% -0.1%
Institutions buying 973 224 661
Institutions selling 705 144 419
Buyers to sellers 1.38 1.56 1.58

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.

PWRIESCEME
PWR 1.00 0.54 0.86
IESC 0.54 1.00 0.51
EME 0.86 0.51 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, PWR, IESC and EME?

Quanta Services (PWR) is the largest by market capitalisation: Quanta Services (PWR) $93.34B, IES Holdings (IESC) $7.81B, Emcor (EME) $30.20B.

Which stock is cheaper, PWR, IESC and EME?

IES Holdings (IESC) trades on the lowest price-to-earnings ratio (Quanta Services (PWR) 55.5x, IES Holdings (IESC) 17.1x, Emcor (EME) 19.6x). On next year's consensus earnings, IES Holdings (IESC) is cheapest (Quanta Services (PWR) 39.1x, IES Holdings (IESC) 18.1x, Emcor (EME) 19.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Quanta Services (PWR) grew revenue fastest over the trailing twelve months: Quanta Services (PWR) +37.1%, IES Holdings (IESC) +22.7%, Emcor (EME) +22.1%.

Which company is more profitable?

IES Holdings (IESC) has the highest net margin (Quanta Services (PWR) 4.5%, IES Holdings (IESC) 11.4%, Emcor (EME) 7.8%).

Which stock has performed better?

Over the past year Quanta Services (PWR) returned the most: Quanta Services (PWR) +38.3%, IES Holdings (IESC) -50.0%, Emcor (EME) +1.0%. Over five years, Emcor (EME) compounded fastest (Quanta Services (PWR) +39.7%/yr, IES Holdings (IESC) +30.8%/yr, Emcor (EME) +40.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Emcor (EME) has the highest dividend yield: Quanta Services (PWR) 0.07%, Emcor (EME) 0.23%. IES Holdings (IESC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emcor (EME) has been the steadiest (Quanta Services (PWR) 45.3%, IES Holdings (IESC) 105.6%, Emcor (EME) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PWR, 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, IES Holdings (IESC) 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.