IESC vs. ROAD
IESC (IES Holdings, Inc.) and ROAD (Construction Partners, Inc.) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 5 years, IESC returned 68.75%/yr vs 25.21%/yr for ROAD. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
IESC vs. ROAD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IESC achieves a 91.39% return, which is significantly higher than ROAD's -4.79% return.
IESC
- 1D
- 30.27%
- 1M
- 13.84%
- 6M
- 95.78%
- YTD
- 91.39%
- 1Y
- 112.48%
- 3Y*
- 134.42%
- 5Y*
- 68.75%
- 10Y*
- 48.90%
- ALL TIME*
- 14.92%
ROAD
- 1D
- 1.63%
- 1M
- -4.23%
- 6M
- -5.94%
- YTD
- -4.79%
- 1Y
- 8.84%
- 3Y*
- 51.83%
- 5Y*
- 25.21%
- 10Y*
- —
- ALL TIME*
- 28.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $133.30M | $144.24M | $175.40M | |
| $169.88M | $132.27M | $97.59M |
IESC vs. ROAD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IESC IES Holdings, Inc. | 91.39% | 93.58% | 153.67% | 122.72% | -29.76% | 9.99% | 79.42% | 65.02% | -9.33% |
ROAD Construction Partners, Inc. | -4.79% | 22.71% | 103.26% | 63.06% | -9.25% | 1.03% | 72.55% | 91.05% | -32.08% |
Correlation
The correlation between IESC and ROAD is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (All Time) Calculated using the full available price history since May 4, 2018 | 0.41 |
The correlation between IESC and ROAD shifts across timeframes, from 0.41 (all time) to 0.53 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
IESC:
$14.83B
ROAD:
$5.84B
IESC:
$27.72
ROAD:
$2.27
IESC:
26.86
ROAD:
45.61
IESC:
0.32
ROAD:
0.84
IESC:
3.77
ROAD:
1.78
IESC:
12.23
ROAD:
5.94
IESC:
$3.99B
ROAD:
$3.26B
IESC:
$1.03B
ROAD:
$511.53M
IESC:
$582.79M
ROAD:
$397.81M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IESC vs. ROAD — Risk / Return Rank
IESC
ROAD
IESC vs. ROAD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IES Holdings, Inc. (IESC) and Construction Partners, Inc. (ROAD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IESC | ROAD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.05 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 0.07 | +3.09 |
| Martin ratioReturn relative to average drawdown | 11.65 | 0.15 | +11.49 |
Loading charts...
Drawdowns
IESC vs. ROAD - Drawdown Comparison
The maximum IESC drawdown since its inception was -98.78%, which is greater than ROAD's maximum drawdown of -54.54%. Use the drawdown chart below to compare losses from any high point for IESC and ROAD.
Loading charts...
Drawdown Indicators
| IESC | ROAD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.78% | -54.54% | -44.24% |
Max Drawdown (1Y)Largest decline over 1 year | -35.26% | -33.44% | -1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -49.23% | -33.62% | -15.61% |
Max Drawdown (5Y)Largest decline over 5 years | -54.22% | -54.54% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -54.28% | — | — |
Current DrawdownCurrent decline from peak | -2.87% | -26.43% | +23.56% |
Average DrawdownAverage peak-to-trough decline | -54.78% | -16.44% | -38.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.56% | 16.36% | -6.80% |
Volatility
IESC vs. ROAD - Volatility Comparison
IES Holdings, Inc. (IESC) has a higher volatility of 37.94% compared to Construction Partners, Inc. (ROAD) at 12.71%. This indicates that IESC's price experiences larger fluctuations and is considered to be riskier than ROAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IESC | ROAD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.94% | 12.71% | +25.23% |
Volatility (6M)Calculated over the trailing 6-month period | 61.10% | 39.66% | +21.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.89% | 49.18% | +24.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.05% | 45.76% | +11.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.51% | 48.79% | +0.72% |
Dividends
IESC vs. ROAD - Dividend Comparison
Neither IESC nor ROAD has paid dividends to shareholders.
Financials
IESC vs. ROAD - Financials Comparison
This section allows you to compare key financial metrics between IES Holdings, Inc. and Construction Partners, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IESC vs. ROAD - Profitability Comparison
IESC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, IES Holdings, Inc. reported a gross profit of 340.66M and revenue of 1.24B. Therefore, the gross margin over that period was 27.4%.
ROAD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Construction Partners, Inc. reported a gross profit of 98.85M and revenue of 769.20M. Therefore, the gross margin over that period was 12.9%.
IESC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, IES Holdings, Inc. reported an operating income of 178.55M and revenue of 1.24B, resulting in an operating margin of 14.4%.
ROAD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Construction Partners, Inc. reported an operating income of 37.38M and revenue of 769.20M, resulting in an operating margin of 4.9%.
IESC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, IES Holdings, Inc. reported a net income of 256.13M and revenue of 1.24B, resulting in a net margin of 20.6%.
ROAD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Construction Partners, Inc. reported a net income of 9.18M and revenue of 769.20M, resulting in a net margin of 1.2%.
Frequently Asked Questions
IESC and ROAD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IESC has higher volatility (37.94%) compared to ROAD (12.71%). In terms of maximum drawdown, IESC dropped -98.78% vs ROAD's -54.54%.
IESC currently has the higher Sharpe Ratio (1.51 vs 0.05), 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.
Find the right allocation for IESC and ROAD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer