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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and Organon & Co. (OGN). Click either name above to swap in a different company.
Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $871.0M, roughly 1.7× IES Holdings, Inc.). IES Holdings, Inc. runs the higher net margin — 10.5% vs -13.6%, a 24.1% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs -5.3%). Organon & Co. produced more free cash flow last quarter ($96.0M vs $-18.9M). Over the past eight quarters, IES Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs -3.6%).
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.
Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.
IESC vs OGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $1.5B |
| Net Profit | $91.8M | $-205.0M |
| Gross Margin | 25.3% | 49.2% |
| Operating Margin | 11.2% | -9.8% |
| Net Margin | 10.5% | -13.6% |
| Revenue YoY | 16.2% | -5.3% |
| Net Profit YoY | 59.1% | -288.1% |
| EPS (diluted) | $4.51 | $-0.78 |
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.
| Q4 25 | $871.0M | $1.5B | ||
| Q3 25 | $897.8M | $1.6B | ||
| Q2 25 | $890.2M | $1.6B | ||
| Q1 25 | $834.0M | $1.5B | ||
| Q4 24 | $749.5M | $1.6B | ||
| Q3 24 | $775.8M | $1.6B | ||
| Q2 24 | $768.4M | $1.6B | ||
| Q1 24 | $705.7M | $1.6B |
| Q4 25 | $91.8M | $-205.0M | ||
| Q3 25 | $102.3M | $160.0M | ||
| Q2 25 | $79.3M | $145.0M | ||
| Q1 25 | $72.6M | $87.0M | ||
| Q4 24 | $57.7M | $109.0M | ||
| Q3 24 | $65.5M | $359.0M | ||
| Q2 24 | $66.6M | $195.0M | ||
| Q1 24 | $56.8M | $201.0M |
| Q4 25 | 25.3% | 49.2% | ||
| Q3 25 | 26.0% | 53.5% | ||
| Q2 25 | 26.9% | 54.8% | ||
| Q1 25 | 25.0% | 55.6% | ||
| Q4 24 | 23.8% | 56.3% | ||
| Q3 24 | 24.0% | 58.3% | ||
| Q2 24 | 25.3% | 58.4% | ||
| Q1 24 | 24.3% | 59.0% |
| Q4 25 | 11.2% | -9.8% | ||
| Q3 25 | 11.6% | 15.2% | ||
| Q2 25 | 12.6% | 14.4% | ||
| Q1 25 | 11.1% | 6.7% | ||
| Q4 24 | 10.0% | 8.1% | ||
| Q3 24 | 9.7% | 13.1% | ||
| Q2 24 | 11.7% | 14.6% | ||
| Q1 24 | 11.0% | 14.5% |
| Q4 25 | 10.5% | -13.6% | ||
| Q3 25 | 11.4% | 10.0% | ||
| Q2 25 | 8.9% | 9.1% | ||
| Q1 25 | 8.7% | 5.8% | ||
| Q4 24 | 7.7% | 6.8% | ||
| Q3 24 | 8.4% | 22.7% | ||
| Q2 24 | 8.7% | 12.1% | ||
| Q1 24 | 8.0% | 12.4% |
| Q4 25 | $4.51 | $-0.78 | ||
| Q3 25 | $4.99 | $0.61 | ||
| Q2 25 | $3.81 | $0.56 | ||
| Q1 25 | $3.50 | $0.33 | ||
| Q4 24 | $2.72 | $0.42 | ||
| Q3 24 | $3.06 | $1.38 | ||
| Q2 24 | $2.67 | $0.75 | ||
| Q1 24 | $2.29 | $0.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $258.7M | $574.0M |
| Total DebtLower is stronger | — | $8.6B |
| Stockholders' EquityBook value | $961.1M | $752.0M |
| Total Assets | $1.7B | $12.9B |
| Debt / EquityLower = less leverage | — | 11.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.7M | $574.0M | ||
| Q3 25 | $231.8M | $672.0M | ||
| Q2 25 | $168.3M | $599.0M | ||
| Q1 25 | $88.3M | $547.0M | ||
| Q4 24 | $112.0M | $675.0M | ||
| Q3 24 | $135.8M | $763.0M | ||
| Q2 24 | $44.9M | $704.0M | ||
| Q1 24 | $106.0M | $575.0M |
| Q4 25 | — | $8.6B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | — | $8.9B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.7B | ||
| Q1 24 | — | $8.7B |
| Q4 25 | $961.1M | $752.0M | ||
| Q3 25 | $884.0M | $906.0M | ||
| Q2 25 | $781.4M | $733.0M | ||
| Q1 25 | $705.8M | $542.0M | ||
| Q4 24 | $652.4M | $472.0M | ||
| Q3 24 | $611.1M | $493.0M | ||
| Q2 24 | $567.5M | $144.0M | ||
| Q1 24 | $534.8M | $48.0M |
| Q4 25 | $1.7B | $12.9B | ||
| Q3 25 | $1.6B | $13.6B | ||
| Q2 25 | $1.5B | $13.5B | ||
| Q1 25 | $1.4B | $13.2B | ||
| Q4 24 | $1.3B | $13.1B | ||
| Q3 24 | $1.2B | $12.8B | ||
| Q2 24 | $1.2B | $12.2B | ||
| Q1 24 | $1.1B | $11.9B |
| Q4 25 | — | 11.49× | ||
| Q3 25 | — | 9.74× | ||
| Q2 25 | — | 12.14× | ||
| Q1 25 | — | 16.52× | ||
| Q4 24 | — | 18.81× | ||
| Q3 24 | — | 17.75× | ||
| Q2 24 | — | 60.11× | ||
| Q1 24 | — | 181.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.7M | $141.0M |
| Free Cash FlowOCF − Capex | $-18.9M | $96.0M |
| FCF MarginFCF / Revenue | -2.2% | 6.4% |
| Capex IntensityCapex / Revenue | 5.3% | 3.0% |
| Cash ConversionOCF / Net Profit | 0.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | $538.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $141.0M | ||
| Q3 25 | $132.0M | $264.0M | ||
| Q2 25 | $92.0M | $220.0M | ||
| Q1 25 | $24.8M | $75.0M | ||
| Q4 24 | $37.3M | $390.0M | ||
| Q3 24 | $92.8M | $141.0M | ||
| Q2 24 | $82.9M | $332.0M | ||
| Q1 24 | $33.7M | $76.0M |
| Q4 25 | $-18.9M | $96.0M | ||
| Q3 25 | $112.0M | $218.0M | ||
| Q2 25 | $74.8M | $181.0M | ||
| Q1 25 | $7.9M | $43.0M | ||
| Q4 24 | $24.1M | $335.0M | ||
| Q3 24 | $78.5M | $99.0M | ||
| Q2 24 | $65.4M | $300.0M | ||
| Q1 24 | $26.9M | $30.0M |
| Q4 25 | -2.2% | 6.4% | ||
| Q3 25 | 12.5% | 13.6% | ||
| Q2 25 | 8.4% | 11.4% | ||
| Q1 25 | 0.9% | 2.8% | ||
| Q4 24 | 3.2% | 21.0% | ||
| Q3 24 | 10.1% | 6.3% | ||
| Q2 24 | 8.5% | 18.7% | ||
| Q1 24 | 3.8% | 1.8% |
| Q4 25 | 5.3% | 3.0% | ||
| Q3 25 | 2.2% | 2.9% | ||
| Q2 25 | 1.9% | 2.4% | ||
| Q1 25 | 2.0% | 2.1% | ||
| Q4 24 | 1.8% | 3.5% | ||
| Q3 24 | 1.8% | 2.7% | ||
| Q2 24 | 2.3% | 2.0% | ||
| Q1 24 | 1.0% | 2.8% |
| Q4 25 | 0.30× | — | ||
| Q3 25 | 1.29× | 1.65× | ||
| Q2 25 | 1.16× | 1.52× | ||
| Q1 25 | 0.34× | 0.86× | ||
| Q4 24 | 0.65× | 3.58× | ||
| Q3 24 | 1.42× | 0.39× | ||
| Q2 24 | 1.24× | 1.70× | ||
| Q1 24 | 0.59× | 0.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
OGN
Segment breakdown not available.
