IES Holdings (IESC) Operating Margin (2010 - 2026)
IES Holdings (IESC) recorded quarterly Operating Margin of 11.52% in Q1 2026, up 2.68% on a QoQ basis from 11.22% in Q4 2025, and up 41.0% year-over-year from 8.17% in Q1 2025.
IES Holdings (IESC) Operating Margin (2010 - 2026) Analysis & Trends
IES Holdings has disclosed Operating Margin across 17 years of filings, most recently posting 11.52% for Q1 2026.
- Quarterly Operating Margin rose 41.0% year-over-year to 11.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.73% (up 110.0% YoY) and the FY2025 annual result came in at 11.38%, up 94.0% from the prior year.
- Operating Margin climbed to 11.52% in Q1 2026, from 11.22% in the prior quarter.
- Over five years, Operating Margin peaked at 12.57% in Q2 2025 and troughed at 0.98% in Q1 2022.
- A 5-year average of 8.36% and a median of 9.67% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 614 bps — and 2023, when it jumped 654 bps.
- Tracing IESC's Operating Margin over 5 years: stood at 7.07% in 2022, then rose by 29 bps to 9.14% in 2023, then gained by 9 bps to 9.96% in 2024, then increased by 13 bps to 11.22% in 2025, then increased by 3 bps to 11.52% in 2026.
- Business Quant data shows IESC's Operating Margin at 11.52% in Q1 2026, 11.22% in Q4 2025, and 11.62% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 4.30% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 16.95% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 8.73% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 3.70% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 16.69% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.20% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -2.20% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.52% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 12.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.52% |
| Dec 31, 2025 | 11.22% |
| Sep 30, 2025 | 11.62% |
| Jun 30, 2025 | 12.57% |
| Mar 31, 2025 | 11.12% |
| Dec 31, 2024 | 9.96% |
| Sep 30, 2024 | 9.67% |
| Jun 30, 2024 | 11.74% |
| Mar 31, 2024 | 11.01% |
| Dec 31, 2023 | 9.14% |
| Sep 30, 2023 | 8.19% |
| Jun 30, 2023 | 5.87% |
| Mar 31, 2023 | 5.56% |
| Dec 31, 2022 | 7.07% |
| Sep 30, 2022 | 4.05% |
| Jun 30, 2022 | 2.76% |
| Mar 31, 2022 | -0.98% |
| Dec 31, 2021 | 4.22% |
| Sep 30, 2021 | 6.22% |
| Jun 30, 2021 | 5.53% |