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Side-by-side financial comparison of IES Holdings, Inc. (IESC) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $871.0M, roughly 1.0× IES Holdings, Inc.). IES Holdings, Inc. runs the higher net margin — 10.5% vs 4.1%, a 6.4% gap on every dollar of revenue. On growth, IES Holdings, Inc. posted the faster year-over-year revenue change (16.2% vs 8.9%). RH produced more free cash flow last quarter ($83.0M vs $-18.9M). Over the past eight quarters, IES Holdings, Inc.'s revenue compounded faster (11.1% CAGR vs 9.4%).
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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
IESC vs RH — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $871.0M | $883.8M |
| Net Profit | $91.8M | $36.3M |
| Gross Margin | 25.3% | 44.1% |
| Operating Margin | 11.2% | 12.0% |
| Net Margin | 10.5% | 4.1% |
| Revenue YoY | 16.2% | 8.9% |
| Net Profit YoY | 59.1% | 9.3% |
| EPS (diluted) | $4.51 | $1.83 |
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 | $883.8M | ||
| Q3 25 | $897.8M | $899.2M | ||
| Q2 25 | $890.2M | $814.0M | ||
| Q1 25 | $834.0M | $812.4M | ||
| Q4 24 | $749.5M | $811.7M | ||
| Q3 24 | $775.8M | $829.7M | ||
| Q2 24 | $768.4M | $727.0M | ||
| Q1 24 | $705.7M | $738.3M |
| Q4 25 | $91.8M | $36.3M | ||
| Q3 25 | $102.3M | $51.7M | ||
| Q2 25 | $79.3M | $8.0M | ||
| Q1 25 | $72.6M | $13.9M | ||
| Q4 24 | $57.7M | $33.2M | ||
| Q3 24 | $65.5M | $29.0M | ||
| Q2 24 | $66.6M | $-3.6M | ||
| Q1 24 | $56.8M | $11.4M |
| Q4 25 | 25.3% | 44.1% | ||
| Q3 25 | 26.0% | 45.5% | ||
| Q2 25 | 26.9% | 43.7% | ||
| Q1 25 | 25.0% | 44.7% | ||
| Q4 24 | 23.8% | 44.5% | ||
| Q3 24 | 24.0% | 45.2% | ||
| Q2 24 | 25.3% | 43.5% | ||
| Q1 24 | 24.3% | 43.5% |
| Q4 25 | 11.2% | 12.0% | ||
| Q3 25 | 11.6% | 14.3% | ||
| Q2 25 | 12.6% | 6.9% | ||
| Q1 25 | 11.1% | 8.7% | ||
| Q4 24 | 10.0% | 12.5% | ||
| Q3 24 | 9.7% | 11.6% | ||
| Q2 24 | 11.7% | 7.5% | ||
| Q1 24 | 11.0% | 8.7% |
| Q4 25 | 10.5% | 4.1% | ||
| Q3 25 | 11.4% | 5.8% | ||
| Q2 25 | 8.9% | 1.0% | ||
| Q1 25 | 8.7% | 1.7% | ||
| Q4 24 | 7.7% | 4.1% | ||
| Q3 24 | 8.4% | 3.5% | ||
| Q2 24 | 8.7% | -0.5% | ||
| Q1 24 | 8.0% | 1.5% |
| Q4 25 | $4.51 | $1.83 | ||
| Q3 25 | $4.99 | $2.62 | ||
| Q2 25 | $3.81 | $0.40 | ||
| Q1 25 | $3.50 | $0.71 | ||
| Q4 24 | $2.72 | $1.66 | ||
| Q3 24 | $3.06 | $1.45 | ||
| Q2 24 | $2.67 | $-0.20 | ||
| Q1 24 | $2.29 | $0.91 |
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 | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $961.1M | $3.3M |
| Total Assets | $1.7B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.7M | $43.1M | ||
| Q3 25 | $231.8M | $34.6M | ||
| Q2 25 | $168.3M | $46.1M | ||
| Q1 25 | $88.3M | $30.4M | ||
| Q4 24 | $112.0M | $87.0M | ||
| Q3 24 | $135.8M | $78.3M | ||
| Q2 24 | $44.9M | $101.8M | ||
| Q1 24 | $106.0M | $123.7M |
| Q4 25 | $961.1M | $3.3M | ||
| Q3 25 | $884.0M | $-40.9M | ||
| Q2 25 | $781.4M | $-110.8M | ||
| Q1 25 | $705.8M | $-163.6M | ||
| Q4 24 | $652.4M | $-183.0M | ||
| Q3 24 | $611.1M | $-234.7M | ||
| Q2 24 | $567.5M | $-289.9M | ||
| Q1 24 | $534.8M | $-297.4M |
| Q4 25 | $1.7B | $4.8B | ||
| Q3 25 | $1.6B | $4.7B | ||
| Q2 25 | $1.5B | $4.7B | ||
| Q1 25 | $1.4B | $4.6B | ||
| Q4 24 | $1.3B | $4.5B | ||
| Q3 24 | $1.2B | $4.4B | ||
| Q2 24 | $1.2B | $4.2B | ||
| Q1 24 | $1.1B | $4.1B |
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 | $131.9M |
| Free Cash FlowOCF − Capex | $-18.9M | $83.0M |
| FCF MarginFCF / Revenue | -2.2% | 9.4% |
| Capex IntensityCapex / Revenue | 5.3% | 5.5% |
| Cash ConversionOCF / Net Profit | 0.30× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | $175.9M | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $131.9M | ||
| Q3 25 | $132.0M | $137.7M | ||
| Q2 25 | $92.0M | $86.6M | ||
| Q1 25 | $24.8M | $-18.8M | ||
| Q4 24 | $37.3M | $-31.4M | ||
| Q3 24 | $92.8M | $11.2M | ||
| Q2 24 | $82.9M | $56.1M | ||
| Q1 24 | $33.7M | $-114.0M |
| Q4 25 | $-18.9M | $83.0M | ||
| Q3 25 | $112.0M | $80.7M | ||
| Q2 25 | $74.8M | $34.1M | ||
| Q1 25 | $7.9M | $-69.7M | ||
| Q4 24 | $24.1M | $-96.0M | ||
| Q3 24 | $78.5M | $-37.9M | ||
| Q2 24 | $65.4M | $-10.1M | ||
| Q1 24 | $26.9M | $-251.5M |
| Q4 25 | -2.2% | 9.4% | ||
| Q3 25 | 12.5% | 9.0% | ||
| Q2 25 | 8.4% | 4.2% | ||
| Q1 25 | 0.9% | -8.6% | ||
| Q4 24 | 3.2% | -11.8% | ||
| Q3 24 | 10.1% | -4.6% | ||
| Q2 24 | 8.5% | -1.4% | ||
| Q1 24 | 3.8% | -34.1% |
| Q4 25 | 5.3% | 5.5% | ||
| Q3 25 | 2.2% | 6.3% | ||
| Q2 25 | 1.9% | 6.5% | ||
| Q1 25 | 2.0% | 6.3% | ||
| Q4 24 | 1.8% | 8.0% | ||
| Q3 24 | 1.8% | 5.9% | ||
| Q2 24 | 2.3% | 9.1% | ||
| Q1 24 | 1.0% | 18.6% |
| Q4 25 | 0.30× | 3.64× | ||
| Q3 25 | 1.29× | 2.66× | ||
| Q2 25 | 1.16× | 10.78× | ||
| Q1 25 | 0.34× | -1.35× | ||
| Q4 24 | 0.65× | -0.95× | ||
| Q3 24 | 1.42× | 0.39× | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 0.59× | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
