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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and PORTLAND GENERAL ELECTRIC CO (POR). Click either name above to swap in a different company.

PORTLAND GENERAL ELECTRIC CO is the larger business by last-quarter revenue ($889.0M vs $871.0M, roughly 1.0× IES Holdings, Inc.). IES Holdings, Inc. runs the higher net margin — 10.5% vs 4.6%, a 5.9% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 7.9%). IES Holdings, Inc. produced more free cash flow last quarter ($-18.9M vs $-142.0M). Over the past eight quarters, IES Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs -2.2%).

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.

Portland General Electric (PGE) is a Fortune 1000, publicly traded energy company based in Portland, Oregon, that generates, transmits and distributes electricity, serving almost two-thirds of Oregon's commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 199...

IESC vs POR — Head-to-Head

Bigger by revenue
POR
POR
1.0× larger
POR
$889.0M
$871.0M
IESC
Growing faster (revenue YoY)
IESC
IESC
+8.3% gap
IESC
16.2%
7.9%
POR
Higher net margin
IESC
IESC
5.9% more per $
IESC
10.5%
4.6%
POR
More free cash flow
IESC
IESC
$123.1M more FCF
IESC
$-18.9M
$-142.0M
POR
Faster 2-yr revenue CAGR
IESC
IESC
Annualised
IESC
11.1%
-2.2%
POR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IESC
IESC
POR
POR
Revenue
$871.0M
$889.0M
Net Profit
$91.8M
$41.0M
Gross Margin
25.3%
Operating Margin
11.2%
10.7%
Net Margin
10.5%
4.6%
Revenue YoY
16.2%
7.9%
Net Profit YoY
59.1%
7.9%
EPS (diluted)
$4.51
$0.36

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
POR
POR
Q4 25
$871.0M
$889.0M
Q3 25
$897.8M
$952.0M
Q2 25
$890.2M
$807.0M
Q1 25
$834.0M
$928.0M
Q4 24
$749.5M
$824.0M
Q3 24
$775.8M
$929.0M
Q2 24
$768.4M
$758.0M
Q1 24
$705.7M
$929.0M
Net Profit
IESC
IESC
POR
POR
Q4 25
$91.8M
$41.0M
Q3 25
$102.3M
$103.0M
Q2 25
$79.3M
$62.0M
Q1 25
$72.6M
$100.0M
Q4 24
$57.7M
$38.0M
Q3 24
$65.5M
$94.0M
Q2 24
$66.6M
$72.0M
Q1 24
$56.8M
$109.0M
Gross Margin
IESC
IESC
POR
POR
Q4 25
25.3%
Q3 25
26.0%
Q2 25
26.9%
Q1 25
25.0%
Q4 24
23.8%
Q3 24
24.0%
Q2 24
25.3%
Q1 24
24.3%
Operating Margin
IESC
IESC
POR
POR
Q4 25
11.2%
10.7%
Q3 25
11.6%
18.3%
Q2 25
12.6%
14.6%
Q1 25
11.1%
18.1%
Q4 24
10.0%
10.7%
Q3 24
9.7%
15.7%
Q2 24
11.7%
15.3%
Q1 24
11.0%
17.4%
Net Margin
IESC
IESC
POR
POR
Q4 25
10.5%
4.6%
Q3 25
11.4%
10.8%
Q2 25
8.9%
7.7%
Q1 25
8.7%
10.8%
Q4 24
7.7%
4.6%
Q3 24
8.4%
10.1%
Q2 24
8.7%
9.5%
Q1 24
8.0%
11.7%
EPS (diluted)
IESC
IESC
POR
POR
Q4 25
$4.51
$0.36
Q3 25
$4.99
$0.94
Q2 25
$3.81
$0.56
Q1 25
$3.50
$0.91
Q4 24
$2.72
$0.34
Q3 24
$3.06
$0.90
Q2 24
$2.67
$0.69
Q1 24
$2.29
$1.08

Balance Sheet & Financial Strength

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

Metric
IESC
IESC
POR
POR
Cash + ST InvestmentsLiquidity on hand
$258.7M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$961.1M
$4.1B
Total Assets
$1.7B
$13.2B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IESC
IESC
POR
POR
Q4 25
$258.7M
Q3 25
$231.8M
Q2 25
$168.3M
Q1 25
$88.3M
Q4 24
$112.0M
Q3 24
$135.8M
Q2 24
$44.9M
Q1 24
$106.0M
Total Debt
IESC
IESC
POR
POR
Q4 25
$4.7B
Q3 25
$4.7B
Q2 25
$4.7B
Q1 25
$4.7B
Q4 24
$4.5B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
IESC
IESC
POR
POR
Q4 25
$961.1M
$4.1B
Q3 25
$884.0M
$4.0B
Q2 25
$781.4M
$3.9B
Q1 25
$705.8M
$3.8B
Q4 24
$652.4M
$3.8B
Q3 24
$611.1M
$3.6B
Q2 24
$567.5M
$3.5B
Q1 24
$534.8M
$3.5B
Total Assets
IESC
IESC
POR
POR
Q4 25
$1.7B
$13.2B
Q3 25
$1.6B
$13.0B
Q2 25
$1.5B
$12.7B
Q1 25
$1.4B
$12.7B
Q4 24
$1.3B
$12.5B
Q3 24
$1.2B
$11.9B
Q2 24
$1.2B
$11.6B
Q1 24
$1.1B
$11.6B
Debt / Equity
IESC
IESC
POR
POR
Q4 25
1.13×
Q3 25
1.20×
Q2 25
1.23×
Q1 25
1.23×
Q4 24
1.20×
Q3 24
1.22×
Q2 24
1.27×
Q1 24
1.28×

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
POR
POR
Operating Cash FlowLast quarter
$27.7M
$148.0M
Free Cash FlowOCF − Capex
$-18.9M
$-142.0M
FCF MarginFCF / Revenue
-2.2%
-16.0%
Capex IntensityCapex / Revenue
5.3%
32.6%
Cash ConversionOCF / Net Profit
0.30×
3.61×
TTM Free Cash FlowTrailing 4 quarters
$175.9M
$-71.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IESC
IESC
POR
POR
Q4 25
$27.7M
$148.0M
Q3 25
$132.0M
$403.0M
Q2 25
$92.0M
$336.0M
Q1 25
$24.8M
$231.0M
Q4 24
$37.3M
$170.0M
Q3 24
$92.8M
$244.0M
Q2 24
$82.9M
$189.0M
Q1 24
$33.7M
$175.0M
Free Cash Flow
IESC
IESC
POR
POR
Q4 25
$-18.9M
$-142.0M
Q3 25
$112.0M
$100.0M
Q2 25
$74.8M
$99.0M
Q1 25
$7.9M
$-128.0M
Q4 24
$24.1M
$-222.0M
Q3 24
$78.5M
$-9.0M
Q2 24
$65.4M
$-109.0M
Q1 24
$26.9M
$-150.0M
FCF Margin
IESC
IESC
POR
POR
Q4 25
-2.2%
-16.0%
Q3 25
12.5%
10.5%
Q2 25
8.4%
12.3%
Q1 25
0.9%
-13.8%
Q4 24
3.2%
-26.9%
Q3 24
10.1%
-1.0%
Q2 24
8.5%
-14.4%
Q1 24
3.8%
-16.1%
Capex Intensity
IESC
IESC
POR
POR
Q4 25
5.3%
32.6%
Q3 25
2.2%
31.8%
Q2 25
1.9%
29.4%
Q1 25
2.0%
38.7%
Q4 24
1.8%
47.6%
Q3 24
1.8%
27.2%
Q2 24
2.3%
39.3%
Q1 24
1.0%
35.0%
Cash Conversion
IESC
IESC
POR
POR
Q4 25
0.30×
3.61×
Q3 25
1.29×
3.91×
Q2 25
1.16×
5.42×
Q1 25
0.34×
2.31×
Q4 24
0.65×
4.47×
Q3 24
1.42×
2.60×
Q2 24
1.24×
2.63×
Q1 24
0.59×
1.61×

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%

POR
POR

Other$507.0M57%
Commercial$231.0M26%
Industrial$140.0M16%
Direct Accesscustomers$11.0M1%

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