IES Holdings, Inc.

IESCNASDAQIndustrials● Active

$713.15

$-7.58(-1.05%)

Market Cap$14.2B

P/E Ratio—

52W High$739.98

52W Low$259.3

Avg Volume212K

Open$731.26

Beta1.79

Free Cash Flow Financials Revenue

IES Holdings, Inc. (IESC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

IESC · free cash flow · updated Jun 8, 2026

Core FCF metrics

IESC · FCF · TTM · margin & CAGR

Free cash flow was $218.8M for FY2025 (fiscal year ending 2025-09-30), up 15.6% year-over-year The FCF margin was 6.5%. Five-year CAGR stands at +24.9%.

FY2025 Free Cash Flow$218.8M▲ +15.6% YoY

Trailing 12M (TTM)$318.4Mtrailing 4 quarters sum

FCF Margin6.5%$218.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+24.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

IESC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$286.1M(67M)$218.8M▲ +15.6%6.5%

FY2024$234.4M(45M)$189.2M▲ +38.9%6.6%

FY2023$153.9M(18M)$136.2M▲ +1148.0%5.7%

FY2022$16.3M(29M)−$13.0M▼ 142.6%-0.6%

FY2021$37.9M(7M)$30.5M▼ 57.6%2.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

IESC · P/FCF · FCF yield · FCF per share

IES Holdings, Inc. (IESC) trades at a FCF yield of 2.24% and a price-to-free-cash-flow ratio of 44.6x. FCF per share stands at $15.98, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.24%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$15.98

TTM FCF ÷ Shares Outstanding

Price / FCF

x44.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x44.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-30

Cash flow statement summary

IESC · cash flow statement · operating / investing / financing

For FY2025, IES Holdings, Inc. generated $286.1M in operating cash flow and spent 67M in capital expenditures, yielding $218.8M in free cash flow.

Operating Activities

+$286.1M

Cash from core business operations

2025-09-30

Investing Activities

−$163.7M

CapEx, acquisitions & investments

2025-09-30

Financing Activities

−$96.1M

Buybacks, dividends & debt

2025-09-30

FCF FormulaOperating CF ($286.1M) − |CapEx| (67M) = FCF ($218.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

IESC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

IES Holdings, Inc.YOU

IESC

$218.8M+15.6%6.5%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

IES Holdings, Inc. (IESC) reported free cash flow of $218.8M for FY2025 (fiscal year ending 2025-09-30), up 15.6% year-over-year. The FCF margin was 6.5%.

Based on available data, IES Holdings, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $218.8M in FY2025. The 5-year CAGR stands at +24.9%.

IES Holdings, Inc.'s FCF yield is 2.24% and price-to-FCF ratio is 44.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

IESC free cash flow · 8 questions

IES Holdings, Inc. free cash flow was $218.8M for FY2025, up 15.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $318.4M.

IESC free cash flowIESC FCFIESC FCF 2025IESC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · IES Holdings, Inc. · IES Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026