IES (IESC) Investor presentation summary

Business overview and segment performance

• Operates across four segments: Communications, Residential, Infrastructure Solutions, and Commercial & Industrial, serving diverse end markets including data centers, residential housing, and industrial facilities.

• FY25 revenue reached $3,371 million, with a 5-year revenue CAGR of 23% and operating income CAGR of 50%.

• Communications segment generated $1,141 million in FY25 revenue, Residential $1,304 million, Infrastructure Solutions $499 million, and Commercial & Industrial $428 million.

• Over 10,000 employees and 174 locations nationwide, with 19 acquisitions since 2015.

Strategic growth and capital allocation

• Focuses on leveraging scale, customer relationships, and acquisitions to drive long-term growth and enter new markets.

• Maintains strong financial flexibility, with $660 million in free cash flow since 2020 and $232 million in net cash and marketable securities as of FY25.

• Invested $319 million in acquisitions since 2020 and operates a $300 million revolving credit facility.

• Capital allocation prioritizes reinvestment, accretive acquisitions, and shareholder returns.

End market trends and opportunities

• Data center construction and e-commerce growth are driving demand for technology infrastructure and electrical services.

• U.S. housing starts remain below long-term averages, presenting a long-term opportunity for residential services.

• Grid reliability, aging infrastructure, and surging power demand from AI and digital infrastructure are increasing needs for backup power and modernization.