Arcosa vs IES
IES reported revenue of $3.4 billion in fiscal 2025, 1.2 times Arcosa's $2.9 billion in fiscal 2025. Arcosa's revenue grew 12.2% in its latest year, and IES's grew 16.9%. Arcosa had an operating margin of 11.9%, against 11.4% at IES. Free cash flow was $176 million at Arcosa and $219 million at IES. Their fiscal years end in different months (December 31 and September 30), so the periods don't line up exactly.
Side by side
| Arcosa | IES | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Sep 30, 2025 |
| Revenue | $2.9B | $3.4B |
| Revenue growth | 12.2% | 16.9% |
| Revenue growth a year, last 5 years | 8.3% | 23.1% |
| Gross margin | 22.4% | 25.5% |
| Operating margin | 11.9% | 11.4% |
| Net margin | 7.2% | 9.1% |
| Free cash flow | $176M | $219M |
| Free cash flow margin | 6.1% | 6.5% |
| Return on capital | 7.5% | 50.5% |
| Net debt to EBITDA | 2.3x | −0.5x |
| Dividends and buybacks | $10M | $42M |
| Change in diluted share count | 0.4% | −1.1% |
| Last close | $149.15 | $158.45 |
| P/E at the last close | 14.9× | 7.0× |
| Insider trades, last 12 months | — | sold $255.8 million |
| Piotroski F-score | 7 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ArcosaIES
Operating margin
Percent of revenue
ArcosaIES
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ArcosaIES