IES HoldingsIESC +5.20%85 ROE % is 43.23% as of Mar. 2026, which is 134% above its 10-year median of 18.45. GuruFocus rates IESC with a GF Score™ of 85/100 and a GF Value™ of $261.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,743 Construction companies, IES Holdings ranks better than 95.52% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IES Holdings's annualized net income for the quarter that ended in Mar. 2026 was $440 Mil. IES Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,017 Mil. Therefore, IES Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 43.23%.
The historical rank and industry rank for IES Holdings's ROE % or its related term are showing as below:
IESC'
s ROE % Range Over the Past 10 Years
Min: -6.19 Med: 18.45 Max: 74.37
Current: 43.18
During the past 13 years, IES Holdings's highest ROE % was 74.37%. The lowest was -6.19%. And the median was 18.45%.
IESC's ROE % is ranked better than 95.52% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs IESC: 43.18
IES Holdings (NAS:IESC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
IES Holdings ROE % Related Terms
IES Holdings ROE % Historical Data
* Premium members only.
The historical data trend for IES Holdings's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Engineering & Construction subindustry, IES Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IES Holdings ROE % vs Construction Industry
For the Construction industry and Industrials sector, IES Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where IES Holdings's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
IES Holdings (IESC) has a ROE % of 43.23% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IES Holdings and its competitors. This is 134% above median its historical median of 18.45. According to the industry distribution chart, IES Holdings ranks #78 out of 1743 companies in the Construction industry, placing it in the top 4.5%.
Is IES Holdings' ROE % too high?
IES Holdings' current ROE % of 43.23% is 134% above median its 10-year median of 18.45. The Construction industry median ROE % is 6.69. IES Holdings' value of 43.23% is 546.2% above this industry median. Based on the distribution chart, IES Holdings ranks #78 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, IES Holdings has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IES Holdings' ROE % compare to J and BLD?
According to the Construction industry distribution chart, IES Holdings ranks #78 out of 1743 companies for ROE %. This places IES Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. IES Holdings' value of 43.23% is 546.2% above this benchmark. While the company's 10-year median is 18.45 vs. the industry median of 6.69, IES Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IES Holdings's current ROE % of 43.23% is 546.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IES Holdings and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IES Holdings's current ROE % is 43.23%, which is 134% above median its own 10-year median of 18.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IES Holdings stock overvalued right now?
Based on GuruFocus' analysis, IES Holdings (IESC) is currently considered Significantly Overvalued. The stock's GF Value™ is $261.71, compared to a current price of $747.49 — trading 185.6% above its estimated fair value. The current ROE % is 43.23%, which is 134% above median its 10-year median of 18.45 and 546.2% above the Construction industry median of 6.69. IES Holdings' overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For IES Holdings (IESC), the current ROE % is 43.23% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IES Holdings (IESC) Overvalued in 2026?
Based on GuruFocus' analysis, IES Holdings stock appears to be overvalued.
The current stock price of $747.49 is trading 185.6% above its estimated GF Value™ of $261.71.
GuruFocus considers IES Holdings to be Significantly Overvalued.
Key valuation signals for IESC:
ROE %: 43.23% (134% above median its 10-year median of 18.45)
GF Value™: $261.71 vs. price of $747.49 (185.6% above fair value)
Industry Position: 546.2% above the Construction median (#78 of 1743)
No single metric tells the full story. See the IESC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. The majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation, and air conditioning (HVAC) and plumbing installation services. This segment also provides services for installing residential solar power, both for new construction and existing residences.
85GF Score
Get the complete analysis for IESC
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IESC has been successfully added to your 
