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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and PHINIA INC. (PHIN). Click either name above to swap in a different company.
PHINIA INC. is the larger business by last-quarter revenue ($889.0M vs $871.0M, roughly 1.0× IES Holdings, Inc.). On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 6.7%). PHINIA INC. produced more free cash flow last quarter ($67.0M vs $-18.9M). Over the past eight quarters, IES Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 1.5%).
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.
PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.
IESC vs PHIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $889.0M |
| Net Profit | $91.8M | — |
| Gross Margin | 25.3% | 21.7% |
| Operating Margin | 11.2% | 7.8% |
| Net Margin | 10.5% | — |
| Revenue YoY | 16.2% | 6.7% |
| Net Profit YoY | 59.1% | — |
| EPS (diluted) | $4.51 | $1.14 |
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 | $889.0M | ||
| Q3 25 | $897.8M | $908.0M | ||
| Q2 25 | $890.2M | $890.0M | ||
| Q1 25 | $834.0M | $796.0M | ||
| Q4 24 | $749.5M | $833.0M | ||
| Q3 24 | $775.8M | $839.0M | ||
| Q2 24 | $768.4M | $868.0M | ||
| Q1 24 | $705.7M | $863.0M |
| Q4 25 | $91.8M | — | ||
| Q3 25 | $102.3M | $13.0M | ||
| Q2 25 | $79.3M | $46.0M | ||
| Q1 25 | $72.6M | $26.0M | ||
| Q4 24 | $57.7M | — | ||
| Q3 24 | $65.5M | $31.0M | ||
| Q2 24 | $66.6M | $14.0M | ||
| Q1 24 | $56.8M | $29.0M |
| Q4 25 | 25.3% | 21.7% | ||
| Q3 25 | 26.0% | 22.0% | ||
| Q2 25 | 26.9% | 22.1% | ||
| Q1 25 | 25.0% | 21.6% | ||
| Q4 24 | 23.8% | 22.7% | ||
| Q3 24 | 24.0% | 22.3% | ||
| Q2 24 | 25.3% | 21.7% | ||
| Q1 24 | 24.3% | 22.2% |
| Q4 25 | 11.2% | 7.8% | ||
| Q3 25 | 11.6% | 3.7% | ||
| Q2 25 | 12.6% | 10.0% | ||
| Q1 25 | 11.1% | 7.8% | ||
| Q4 24 | 10.0% | 6.1% | ||
| Q3 24 | 9.7% | 7.9% | ||
| Q2 24 | 11.7% | 8.2% | ||
| Q1 24 | 11.0% | 8.2% |
| Q4 25 | 10.5% | — | ||
| Q3 25 | 11.4% | 1.4% | ||
| Q2 25 | 8.9% | 5.2% | ||
| Q1 25 | 8.7% | 3.3% | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 8.4% | 3.7% | ||
| Q2 24 | 8.7% | 1.6% | ||
| Q1 24 | 8.0% | 3.4% |
| Q4 25 | $4.51 | $1.14 | ||
| Q3 25 | $4.99 | $0.33 | ||
| Q2 25 | $3.81 | $1.14 | ||
| Q1 25 | $3.50 | $0.63 | ||
| Q4 24 | $2.72 | $0.13 | ||
| Q3 24 | $3.06 | $0.70 | ||
| Q2 24 | $2.67 | $0.31 | ||
| Q1 24 | $2.29 | $0.62 |
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 | $359.0M |
| Total DebtLower is stronger | — | $970.0M |
| Stockholders' EquityBook value | $961.1M | $1.6B |
| Total Assets | $1.7B | $3.8B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.7M | $359.0M | ||
| Q3 25 | $231.8M | $349.0M | ||
| Q2 25 | $168.3M | $347.0M | ||
| Q1 25 | $88.3M | $373.0M | ||
| Q4 24 | $112.0M | $484.0M | ||
| Q3 24 | $135.8M | $477.0M | ||
| Q2 24 | $44.9M | $339.0M | ||
| Q1 24 | $106.0M | $325.0M |
| Q4 25 | — | $970.0M | ||
| Q3 25 | — | $990.0M | ||
| Q2 25 | — | $990.0M | ||
| Q1 25 | — | $989.0M | ||
| Q4 24 | — | $988.0M | ||
| Q3 24 | — | $987.0M | ||
| Q2 24 | — | $821.0M | ||
| Q1 24 | — | $706.0M |
| Q4 25 | $961.1M | $1.6B | ||
| Q3 25 | $884.0M | $1.6B | ||
| Q2 25 | $781.4M | $1.6B | ||
| Q1 25 | $705.8M | $1.5B | ||
| Q4 24 | $652.4M | $1.6B | ||
| Q3 24 | $611.1M | $1.7B | ||
| Q2 24 | $567.5M | $1.7B | ||
| Q1 24 | $534.8M | $1.9B |
| Q4 25 | $1.7B | $3.8B | ||
| Q3 25 | $1.6B | $4.0B | ||
| Q2 25 | $1.5B | $3.9B | ||
| Q1 25 | $1.4B | $3.7B | ||
| Q4 24 | $1.3B | $3.8B | ||
| Q3 24 | $1.2B | $4.0B | ||
| Q2 24 | $1.2B | $3.9B | ||
| Q1 24 | $1.1B | $4.0B |
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.62× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.38× |
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 | $96.0M |
| Free Cash FlowOCF − Capex | $-18.9M | $67.0M |
| FCF MarginFCF / Revenue | -2.2% | 7.5% |
| Capex IntensityCapex / Revenue | 5.3% | 3.3% |
| Cash ConversionOCF / Net Profit | 0.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | $188.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $96.0M | ||
| Q3 25 | $132.0M | $119.0M | ||
| Q2 25 | $92.0M | $57.0M | ||
| Q1 25 | $24.8M | $40.0M | ||
| Q4 24 | $37.3M | $73.0M | ||
| Q3 24 | $92.8M | $95.0M | ||
| Q2 24 | $82.9M | $109.0M | ||
| Q1 24 | $33.7M | $31.0M |
| Q4 25 | $-18.9M | $67.0M | ||
| Q3 25 | $112.0M | $93.0M | ||
| Q2 25 | $74.8M | $23.0M | ||
| Q1 25 | $7.9M | $5.0M | ||
| Q4 24 | $24.1M | $53.0M | ||
| Q3 24 | $78.5M | $70.0M | ||
| Q2 24 | $65.4M | $92.0M | ||
| Q1 24 | $26.9M | $-12.0M |
| Q4 25 | -2.2% | 7.5% | ||
| Q3 25 | 12.5% | 10.2% | ||
| Q2 25 | 8.4% | 2.6% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 3.2% | 6.4% | ||
| Q3 24 | 10.1% | 8.3% | ||
| Q2 24 | 8.5% | 10.6% | ||
| Q1 24 | 3.8% | -1.4% |
| Q4 25 | 5.3% | 3.3% | ||
| Q3 25 | 2.2% | 2.9% | ||
| Q2 25 | 1.9% | 3.8% | ||
| Q1 25 | 2.0% | 4.4% | ||
| Q4 24 | 1.8% | 2.4% | ||
| Q3 24 | 1.8% | 3.0% | ||
| Q2 24 | 2.3% | 2.0% | ||
| Q1 24 | 1.0% | 5.0% |
| Q4 25 | 0.30× | — | ||
| Q3 25 | 1.29× | 9.15× | ||
| Q2 25 | 1.16× | 1.24× | ||
| Q1 25 | 0.34× | 1.54× | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | 1.42× | 3.06× | ||
| Q2 24 | 1.24× | 7.79× | ||
| Q1 24 | 0.59× | 1.07× |
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% |
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
