BA vs. IESC

Last updated Jun 9, 2026

BA (The Boeing Company) and IESC (IES Holdings, Inc.) are both stocks. Both are in the Industrials sector — BA in Aerospace & Defense, IESC in Engineering & Construction. Over the past 10 years, BA returned 6.08%/yr vs 48.95%/yr for IESC. At a 0.20 correlation, their price movements are largely independent.

Performance

BA vs. IESC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Boeing Company (BA) and IES Holdings, Inc. (IESC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BA achieves a -0.55% return, which is significantly lower than IESC's 88.91% return. Over the past 10 years, BA has underperformed IESC with an annualized return of 6.08%, while IESC has yielded a comparatively higher 48.95% annualized return.

BA

• 1D: 0.22%
• 1M: -9.03%
• YTD: -0.55%
• 6M: 4.68%
• 1Y: 2.43%
• 3Y*: -0.21%
• 5Y*: -2.74%
• 10Y*: 6.08%

IESC

• 1D: 1.97%
• 1M: 10.23%
• YTD: 88.91%
• 6M: 66.06%
• 1Y: 162.49%
• 3Y*: 140.27%
• 5Y*: 69.06%
• 10Y*: 48.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BA vs. IESC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BA The Boeing Company	-0.55%	22.67%	-32.10%	36.84%	-5.38%	-5.95%	-33.90%	3.34%	11.50%	94.72%
IESC IES Holdings, Inc.	88.91%	93.58%	153.67%	122.72%	-29.76%	9.99%	79.42%	65.02%	-9.86%	-9.92%

Correlation

The correlation between BA and IESC is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 29, 1998	0.20

The correlation between BA and IESC shifts across timeframes, from 0.20 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BA : $176.66B IESC : $14.83B
EPS BA : $2.90 IESC : $18.85
PE Ratio BA : 74.42 IESC : 38.98
PEG Ratio BA : 11.66 IESC : 0.47
PS Ratio BA : 1.83 IESC : 4.08
PB Ratio BA : 29.54 IESC : 13.83
Total Revenue (TTM) BA : $92.18B IESC : $3.63B
Gross Profit (TTM) BA : $4.43B IESC : $931.31M
EBITDA (TTM) BA : $7.13B IESC : $487.14M

Return for Risk

BA vs. IESC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BA

BA Risk / Return Rank: 42
BA Sharpe Ratio Rank: 45
BA Sortino Ratio Rank: 39
BA Omega Ratio Rank: 38
BA Calmar Ratio Rank: 44
BA Martin Ratio Rank: 44

IESC

IESC Risk / Return Rank: 92
IESC Sharpe Ratio Rank: 94
IESC Sortino Ratio Rank: 88
IESC Omega Ratio Rank: 88
IESC Calmar Ratio Rank: 96
IESC Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BA vs. IESC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Boeing Company (BA) and IES Holdings, Inc. (IESC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BA	IESC	Difference
Sharpe ratio: Return per unit of total volatility	0.08	2.64	-2.56
Sortino ratio: Return per unit of downside risk	0.35	2.84	-2.49
Omega ratio: Gain probability vs. loss probability	1.04	1.39	-0.34
Calmar ratio: Return relative to maximum drawdown	0.10	7.50	-7.40
Martin ratio: Return relative to average drawdown	0.22	21.33	-21.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BA vs. IESC - Sharpe Ratio Comparison

The current BA Sharpe Ratio is 0.08, which is lower than the IESC Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of BA and IESC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BA	IESC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.08	2.64	-2.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	1.29	-1.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	1.02	-0.88
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.05	+0.25

Drawdowns

BA vs. IESC - Drawdown Comparison

The maximum BA drawdown since its inception was -89.45%, smaller than the maximum IESC drawdown of -98.32%. Use the drawdown chart below to compare losses from any high point for BA and IESC.

Drawdown Indicators

	BA	IESC	Difference
Max Drawdown Largest peak-to-trough decline	-89.45%	-98.32%	+8.87%
Max Drawdown (1Y) Largest decline over 1 year	-24.96%	-21.80%	-3.16%
Max Drawdown (3Y) Largest decline over 3 years	-48.31%	-49.23%	+0.92%
Max Drawdown (5Y) Largest decline over 5 years	-53.76%	-54.22%	+0.46%
Max Drawdown (10Y) Largest decline over 10 years	-77.92%	-54.28%	-23.64%
Current Drawdown Current decline from peak	-49.82%	-0.97%	-48.85%
Average Drawdown Average peak-to-trough decline	-31.02%	-55.01%	+23.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.91%	7.66%	+3.25%

Volatility

BA vs. IESC - Volatility Comparison

The current volatility for The Boeing Company (BA) is 11.06%, while IES Holdings, Inc. (IESC) has a volatility of 11.77%. This indicates that BA experiences smaller price fluctuations and is considered to be less risky than IESC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BA	IESC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.06%	11.77%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	22.76%	49.79%	-27.03%
Volatility (1Y) Calculated over the trailing 1-year period	31.87%	62.06%	-30.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.48%	53.94%	-17.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.58%	48.10%	-6.52%

Dividends

BA vs. IESC - Dividend Comparison

Neither BA nor IESC has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BA The Boeing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.96%	2.52%	2.12%	1.93%	2.80%	2.52%
IESC IES Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

BA vs. IESC - Profitability Comparison

The chart below illustrates the profitability comparison between The Boeing Company and IES Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.

IESC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IES Holdings, Inc. reported a gross profit of 238.70M and revenue of 974.20M. Therefore, the gross margin over that period was 24.5%.

BA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.

IESC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IES Holdings, Inc. reported an operating income of 112.30M and revenue of 974.20M, resulting in an operating margin of 11.5%.

BA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.

IESC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IES Holdings, Inc. reported a net income of 110.00M and revenue of 974.20M, resulting in a net margin of 11.3%.

Frequently Asked Questions

Can I hold both BA and IESC in my portfolio?

BA and IESC have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BA or IESC?

IESC has higher volatility (11.77%) compared to BA (11.06%). In terms of maximum drawdown, BA dropped -89.45% vs IESC's -98.32%.

Which has better risk-adjusted returns?

IESC currently has the higher Sharpe Ratio (2.64 vs 0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.