IES Holdings, Inc. (IESC): history, ownership, mission, how it works & makes money

A Brief History of IES Holdings, Inc. (IESC)

Foundation and Early Development

IES Holdings, Inc. was founded in 1997. The company initially focused on providing electrical contracting services. IESC made a strategic decision in its early years to diversify its offerings which included services in various sectors such as telecommunications, security, and infrastructure.

Acquisition Strategy

Over the years, IES Holdings has acquired several companies to bolster its service capabilities and expand its market reach. Notable acquisitions include:

• In 2000, IESC acquired the assets of E. F. M. Electrical Contractors.
• In 2012, the company acquired the assets of several regional electrical contractors.
• In 2017, IESC acquired KGP Logistics, further expanding its operational footprint.

Financial Performance

IES Holdings has reported significant growth in revenue over the years. In its fiscal year 2021, IESC reported total revenues of $1.23 billion. The company's net income for the same year amounted to $63 million, representing a growth rate of approximately 22% from the previous year.

Market Capitalization

As of October 2023, the market capitalization of IES Holdings is approximately $1.1 billion. The stock price has seen fluctuations, with a 52-week range of $15.24 - $24.50.

Segment Performance

IES Holdings operates in several segments, including:

Recent Developments

In 2022, IES Holdings launched several initiatives to enhance operational efficiency and customer service, investing around $7 million in technology upgrades across its various divisions.

Employment and Workforce

As of 2023, IES Holdings employs approximately 3,000 individuals across its operations. The company places a strong emphasis on safety and training, implementing rigorous programs that resulted in a 30% reduction in workplace incidents.

Community Engagement

IES Holdings is committed to social responsibility, contributing approximately $1 million annually to local charities and community development programs.

A Who Owns IES Holdings, Inc. (IESC)

Company Overview

IES Holdings, Inc. (IESC) is a publicly traded company primarily involved in the provision of electrical, communication, and maintenance services. The company operates through various segments, and its ownership is distributed among institutional and retail investors.

Ownership Structure

The ownership of IES Holdings, Inc. is categorized into different segments based on shareholding. As of the latest financial data, the following percentages highlight the ownership distribution:

Major Institutional Shareholders

The following institutions are recognized as major shareholders of IES Holdings, Inc., based on their ownership stakes:

Insider Ownership Details

Insider ownership at IES Holdings, Inc. is comprised of executives and board members who hold shares in the company. The details are as follows:

Market Capitalization

The market capitalization of IES Holdings, Inc. is calculated based on the current stock price and total outstanding shares. As of the latest available data, the market capitalization is:

Market Capitalization: $400 million

Stock Performance

IES Holdings, Inc. has shown a notable performance in the stock market over the past year. Here are some relevant statistics:

Recent Trends in Ownership Changes

Recent trends indicate fluctuations in ownership, particularly among institutional investors. The following statistics outline these trends over the past year:

Conclusion of Ownership Insights

IES Holdings, Inc. represents a diversified ownership structure, featuring significant institutional and insider holdings. These dynamics reflect investor confidence and strategic positioning in the market.

IES Holdings, Inc. (IESC) Mission Statement

Overview

IES Holdings, Inc. (NYSE: IESC) is a diversified holding company with a focus on providing a wide range of services, including electrical contracting, communications, and other industrial services. Its mission is to deliver exceptional service and innovative solutions to its clients while ensuring sustainable growth and profitability.

Key Components of the Mission Statement

• Commitment to Quality: IESC aims to provide high-quality services that meet or exceed client expectations.
• Innovation: The company focuses on leveraging technology and innovative practices to enhance service delivery.
• Customer Satisfaction: IESC is dedicated to ensuring that customer needs are met promptly and effectively.
• Employee Development: Investing in employee training and growth is crucial to the company's success.

Recent Financial Performance

As of the fiscal year ending September 30, 2022, IESC reported a revenue of approximately $1.43 billion, reflecting a year-over-year growth. The company has shown significant resilience and adaptability in a competitive market.

Strategic Goals

• Expand service offerings in high-growth sectors, such as renewable energy and infrastructure.
• Enhance operational efficiency through technology investments.
• Increase market share in existing markets while penetrating new geographic areas.
• Foster an inclusive workplace culture to attract and retain top talent.

Corporate Values

IESC upholds a set of core values that guide its operations and decision-making processes:

• Integrity: Doing the right thing in all business transactions.
• Excellence: Striving for the highest standards in service delivery.
• Collaboration: Working together to achieve common goals.
• Sustainability: Committing to environmentally friendly practices and solutions.

Market Position

IES Holdings, Inc. is positioned as a leader in the electrical contracting and industrial services sectors. The company's robust portfolio and strategic acquisitions have helped maintain a competitive edge in a growing market.

Community Engagement

IES Holdings is committed to community involvement and corporate social responsibility. The company actively engages in various initiatives to support education, sustainability, and local charities.

Summary of Mission Statement

The mission statement of IES Holdings, Inc. encapsulates its dedication to delivering exceptional services, fostering innovation, and upholding a strong commitment to quality. The company's financial performance and strategic goals reflect its ambition to remain a significant player within its industry.

How IES Holdings, Inc. (IESC) Works

Overview of IES Holdings, Inc.

IES Holdings, Inc. operates in the electrical and communications sectors, providing a range of services and solutions that cater to the construction, infrastructure, and energy markets. The company offers services across multiple segments including electrical contracting, mechanical contracting, and communications.

Financial Performance

As of the fiscal year ending September 30, 2023, IES Holdings reported the following financial performance metrics:

Segments of Operation

IES Holdings operates primarily through the following segments:

• Electrical Contracting
• Mechanical Contracting
• Communications
• Infrastructure Solutions

Geographic Reach

The company has a significant operational footprint across the United States. The geographical distribution of revenue sources as of the fiscal year 2023 is as follows:

Key Clients and Partnerships

IES Holdings serves a wide array of clients, including:

• National Retail Chains
• Telecommunication Companies
• Government Entities
• Energy Providers

Recent Developments

In 2023, IES Holdings made headlines by securing several major contracts that are expected to contribute significantly to future revenue streams:

• $150 million contract for electrical services in the renewable energy sector
• $100 million multi-year contract for communications infrastructure development
• $50 million contract for mechanical services in a commercial construction project

Workforce and Employment

The company employs over 2,500 professionals across various disciplines, with a focus on skilled labor in contracting and engineering roles. IES Holdings invested approximately $5 million in training and development programs in 2023.

Market Position

IES Holdings ranks among the top players in the electrical contracting industry, identifying itself through strategic acquisitions and organic growth. The company's market share in the electrical contracting sector is estimated at about 3% as of 2023.

Stock Performance

As of October 2023, IES Holdings, Inc. (IESC) trades on the NASDAQ. The stock performance metrics are as follows:

How IES Holdings, Inc. (IESC) Makes Money

Overview of Revenue Streams

IES Holdings, Inc. generates revenue through various segments within the infrastructure and construction sectors, primarily focusing on electrical and communications services. The primary revenue segments include:

• Electrical Infrastructure
• Communications Infrastructure
• Industrial Infrastructure
• Residential Infrastructure

Electrical Infrastructure

The Electrical Infrastructure segment is one of the largest contributors to IESC's revenue. In the fiscal year 2022, this segment accounted for approximately $632 million in revenue.

This segment includes services such as:

• Installation and maintenance of electrical systems
• High-voltage utility services
• Renewable energy solutions

Communications Infrastructure

IESC's Communications Infrastructure segment reported revenue of $349 million in 2022, making it a significant part of the overall business. Key services here include:

• Network design and installation
• Data center services
• Fiber optic and copper installations

Industrial Infrastructure

This segment generated revenues amounting to $217 million in 2022. IESC provides industrial clients with:

• Piping and plumbing
• Process automation
• Mechanical services

Residential Infrastructure

The Residential Infrastructure segment's revenue was approximately $185 million in 2022. Services include:

• Electrical installations in new homes
• Renovation services
• Smart home solutions

Recent Financial Performance

For the fiscal year ending September 30, 2022, the consolidated revenue of IESC reached $1.383 billion, representing a year-over-year growth of approximately 15%.

Key Financial Metrics

Market and Industry Trends

IES Holdings, Inc. is poised to benefit from increasing investments in electrical infrastructure, with the United States infrastructure bill earmarking $550 billion for physical infrastructure improvements. This includes:

• Grid modernization
• Expansion of renewable energy sources
• Telecommunications upgrades

Conclusion on Business Segment Performance

The diversified portfolio of services across various infrastructure sectors positions IESC well to capitalize on the growing demand for both electrical and communications services in the market.