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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.

IES Holdings, Inc. is the larger business by last-quarter revenue ($871.0M vs $745.1M, roughly 1.2× Life Time Group Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs 10.5%, a 6.0% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 12.3%). IES Holdings, Inc. produced more free cash flow last quarter ($-18.9M vs $-64.6M). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (11.7% CAGR vs 11.1%).

IES Holdings, Inc., formerly known as Integrated Electrical Services, Inc., designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities.

Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.

IESC vs LTH — Head-to-Head

Bigger by revenue
IESC
IESC
1.2× larger
IESC
$871.0M
$745.1M
LTH
Growing faster (revenue YoY)
IESC
IESC
+3.9% gap
IESC
16.2%
12.3%
LTH
Higher net margin
LTH
LTH
6.0% more per $
LTH
16.5%
10.5%
IESC
More free cash flow
IESC
IESC
$45.8M more FCF
IESC
$-18.9M
$-64.6M
LTH
Faster 2-yr revenue CAGR
LTH
LTH
Annualised
LTH
11.7%
11.1%
IESC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IESC
IESC
LTH
LTH
Revenue
$871.0M
$745.1M
Net Profit
$91.8M
$123.0M
Gross Margin
25.3%
49.1%
Operating Margin
11.2%
17.4%
Net Margin
10.5%
16.5%
Revenue YoY
16.2%
12.3%
Net Profit YoY
59.1%
231.0%
EPS (diluted)
$4.51
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IESC
IESC
LTH
LTH
Q4 25
$871.0M
$745.1M
Q3 25
$897.8M
$782.6M
Q2 25
$890.2M
$761.5M
Q1 25
$834.0M
$706.0M
Q4 24
$749.5M
$663.3M
Q3 24
$775.8M
$693.2M
Q2 24
$768.4M
$667.8M
Q1 24
$705.7M
$596.7M
Net Profit
IESC
IESC
LTH
LTH
Q4 25
$91.8M
$123.0M
Q3 25
$102.3M
$102.4M
Q2 25
$79.3M
$72.1M
Q1 25
$72.6M
$76.1M
Q4 24
$57.7M
$37.2M
Q3 24
$65.5M
$41.4M
Q2 24
$66.6M
$52.8M
Q1 24
$56.8M
$24.9M
Gross Margin
IESC
IESC
LTH
LTH
Q4 25
25.3%
49.1%
Q3 25
26.0%
47.1%
Q2 25
26.9%
47.0%
Q1 25
25.0%
47.5%
Q4 24
23.8%
48.2%
Q3 24
24.0%
46.5%
Q2 24
25.3%
46.8%
Q1 24
24.3%
46.1%
Operating Margin
IESC
IESC
LTH
LTH
Q4 25
11.2%
17.4%
Q3 25
11.6%
17.3%
Q2 25
12.6%
14.2%
Q1 25
11.1%
15.2%
Q4 24
10.0%
13.1%
Q3 24
9.7%
13.5%
Q2 24
11.7%
15.7%
Q1 24
11.0%
12.1%
Net Margin
IESC
IESC
LTH
LTH
Q4 25
10.5%
16.5%
Q3 25
11.4%
13.1%
Q2 25
8.9%
9.5%
Q1 25
8.7%
10.8%
Q4 24
7.7%
5.6%
Q3 24
8.4%
6.0%
Q2 24
8.7%
7.9%
Q1 24
8.0%
4.2%
EPS (diluted)
IESC
IESC
LTH
LTH
Q4 25
$4.51
$0.55
Q3 25
$4.99
$0.45
Q2 25
$3.81
$0.32
Q1 25
$3.50
$0.34
Q4 24
$2.72
$0.17
Q3 24
$3.06
$0.19
Q2 24
$2.67
$0.26
Q1 24
$2.29
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IESC
IESC
LTH
LTH
Cash + ST InvestmentsLiquidity on hand
$258.7M
$204.8M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$961.1M
$3.1B
Total Assets
$1.7B
$8.0B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IESC
IESC
LTH
LTH
Q4 25
$258.7M
$204.8M
Q3 25
$231.8M
$218.9M
Q2 25
$168.3M
$175.5M
Q1 25
$88.3M
$59.0M
Q4 24
$112.0M
$10.9M
Q3 24
$135.8M
$120.9M
Q2 24
$44.9M
$34.5M
Q1 24
$106.0M
$18.6M
Total Debt
IESC
IESC
LTH
LTH
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.7B
Q2 24
$1.8B
Q1 24
$2.0B
Stockholders' Equity
IESC
IESC
LTH
LTH
Q4 25
$961.1M
$3.1B
Q3 25
$884.0M
$3.0B
Q2 25
$781.4M
$2.9B
Q1 25
$705.8M
$2.7B
Q4 24
$652.4M
$2.6B
Q3 24
$611.1M
$2.6B
Q2 24
$567.5M
$2.4B
Q1 24
$534.8M
$2.3B
Total Assets
IESC
IESC
LTH
LTH
Q4 25
$1.7B
$8.0B
Q3 25
$1.6B
$7.8B
Q2 25
$1.5B
$7.6B
Q1 25
$1.4B
$7.3B
Q4 24
$1.3B
$7.2B
Q3 24
$1.2B
$7.2B
Q2 24
$1.2B
$7.1B
Q1 24
$1.1B
$7.1B
Debt / Equity
IESC
IESC
LTH
LTH
Q4 25
0.48×
Q3 25
0.51×
Q2 25
0.53×
Q1 25
0.56×
Q4 24
0.59×
Q3 24
0.64×
Q2 24
0.78×
Q1 24
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IESC
IESC
LTH
LTH
Operating Cash FlowLast quarter
$27.7M
$239.9M
Free Cash FlowOCF − Capex
$-18.9M
$-64.6M
FCF MarginFCF / Revenue
-2.2%
-8.7%
Capex IntensityCapex / Revenue
5.3%
40.9%
Cash ConversionOCF / Net Profit
0.30×
1.95×
TTM Free Cash FlowTrailing 4 quarters
$175.9M
$-21.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IESC
IESC
LTH
LTH
Q4 25
$27.7M
$239.9M
Q3 25
$132.0M
$251.1M
Q2 25
$92.0M
$195.7M
Q1 25
$24.8M
$183.9M
Q4 24
$37.3M
$163.1M
Q3 24
$92.8M
$151.1M
Q2 24
$82.9M
$170.4M
Q1 24
$33.7M
$90.4M
Free Cash Flow
IESC
IESC
LTH
LTH
Q4 25
$-18.9M
$-64.6M
Q3 25
$112.0M
$28.6M
Q2 25
$74.8M
$-26.3M
Q1 25
$7.9M
$41.4M
Q4 24
$24.1M
$26.8M
Q3 24
$78.5M
$64.0M
Q2 24
$65.4M
$26.1M
Q1 24
$26.9M
$-66.4M
FCF Margin
IESC
IESC
LTH
LTH
Q4 25
-2.2%
-8.7%
Q3 25
12.5%
3.7%
Q2 25
8.4%
-3.5%
Q1 25
0.9%
5.9%
Q4 24
3.2%
4.0%
Q3 24
10.1%
9.2%
Q2 24
8.5%
3.9%
Q1 24
3.8%
-11.1%
Capex Intensity
IESC
IESC
LTH
LTH
Q4 25
5.3%
40.9%
Q3 25
2.2%
28.4%
Q2 25
1.9%
29.2%
Q1 25
2.0%
20.2%
Q4 24
1.8%
20.6%
Q3 24
1.8%
12.6%
Q2 24
2.3%
21.6%
Q1 24
1.0%
26.3%
Cash Conversion
IESC
IESC
LTH
LTH
Q4 25
0.30×
1.95×
Q3 25
1.29×
2.45×
Q2 25
1.16×
2.71×
Q1 25
0.34×
2.41×
Q4 24
0.65×
4.39×
Q3 24
1.42×
3.65×
Q2 24
1.24×
3.23×
Q1 24
0.59×
3.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IESC
IESC

Communications$351.9M40%
Single Family Electrical Contracts$137.0M16%
Custom Engineered Solutions$116.0M13%
Commercialand Industrial$94.8M11%
Single Family Contracts Plumbing HVAC$82.9M10%
Multi Familyand Other$64.2M7%
Industrial Services$24.2M3%

LTH
LTH

Membership$535.1M72%
In Center$191.2M26%
Other$18.8M3%

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