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SMID vs. IESC
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

SMID vs. IESC - Performance Comparison

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

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Returns By Period

In the year-to-date period, SMID achieves a -16.92% return, which is significantly lower than IESC's 54.98% return. Over the past 10 years, SMID has underperformed IESC with an annualized return of 28.03%, while IESC has yielded a comparatively higher 44.65% annualized return.


SMID

1D
0.73%
1M
-3.70%
6M
-13.94%
YTD
-16.92%
1Y
-21.09%
3Y*
7.27%
5Y*
3.44%
10Y*
28.03%

IESC

1D
-3.62%
1M
-19.59%
6M
43.63%
YTD
54.98%
1Y
95.02%
3Y*
118.86%
5Y*
64.84%
10Y*
44.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SMID vs. IESC - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SMID
Smith-Midland Corporation
-16.92%-18.26%12.56%92.68%-56.38%397.35%57.50%-18.98%9.99%29.02%
IESC
IES Holdings, Inc.
54.98%93.58%153.67%122.72%-29.76%9.99%79.42%65.02%-9.86%-9.92%

Correlation

The correlation between SMID and IESC is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.21

Correlation (10Y)
Calculated over the trailing 10-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2016

0.16

Fundamentals

Market Cap

SMID:

$160.20M

IESC:

$12.01B

EPS

SMID:

$4.71

IESC:

$18.86

PE Ratio

SMID:

6.40

IESC:

31.96

PEG Ratio

SMID:

0.03

IESC:

0.39

PS Ratio

SMID:

0.86

IESC:

3.35

Total Revenue (TTM)

SMID:

$93.45M

IESC:

$3.63B

Gross Profit (TTM)

SMID:

$26.04M

IESC:

$931.31M

EBITDA (TTM)

SMID:

$19.01M

IESC:

$487.14M

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Return for Risk

SMID vs. IESC — Risk / Return Rank

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

SMID
SMID Risk / Return Rank: 2626
Overall Rank
SMID Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
SMID Sortino Ratio Rank: 2828
Sortino Ratio Rank
SMID Omega Ratio Rank: 2828
Omega Ratio Rank
SMID Calmar Ratio Rank: 2525
Calmar Ratio Rank
SMID Martin Ratio Rank: 2323
Martin Ratio Rank

IESC
IESC Risk / Return Rank: 8686
Overall Rank
IESC Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
IESC Sortino Ratio Rank: 8080
Sortino Ratio Rank
IESC Omega Ratio Rank: 8080
Omega Ratio Rank
IESC Calmar Ratio Rank: 9292
Calmar Ratio Rank
IESC Martin Ratio Rank: 9292
Martin Ratio Rank
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.

SMID vs. IESC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) 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.

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.


SMIDIESCDifference
Sharpe ratioReturn per unit of total volatility

-1.86

Sortino ratioReturn per unit of downside risk

-2.24

Omega ratioGain probability vs. loss probability

0.97

1.26

-0.29

Calmar ratioReturn relative to maximum drawdown

-0.54

4.38

-4.92

Martin ratioReturn relative to average drawdown

-1.02

11.50

-12.52

SMID vs. IESC - Sharpe Ratio Comparison

The current SMID Sharpe Ratio is -0.39, which is lower than the IESC Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of SMID 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.


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Drawdowns

SMID vs. IESC - Drawdown Comparison

The maximum SMID drawdown since its inception was -72.37%, smaller than the maximum IESC drawdown of -98.32%. Use the drawdown chart below to compare losses from any high point for SMID and IESC.


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Drawdown Indicators


SMIDIESCDifference

Max Drawdown

Largest peak-to-trough decline

-72.37%

-98.32%

+25.95%

Max Drawdown (1Y)

Largest decline over 1 year

-39.29%

-21.80%

-17.49%

Max Drawdown (3Y)

Largest decline over 3 years

-48.85%

-49.23%

+0.38%

Max Drawdown (5Y)

Largest decline over 5 years

-72.37%

-54.22%

-18.15%

Max Drawdown (10Y)

Largest decline over 10 years

-72.37%

-54.28%

-18.09%

Current Drawdown

Current decline from peak

-39.66%

-21.35%

-18.31%

Average Drawdown

Average peak-to-trough decline

-27.62%

-54.85%

+27.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.68%

8.29%

+12.39%

Volatility

SMID vs. IESC - Volatility Comparison

The current volatility for Smith-Midland Corporation (SMID) is 14.57%, while IES Holdings, Inc. (IESC) has a volatility of 22.03%. This indicates that SMID 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.


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Volatility by Period


SMIDIESCDifference

Volatility (1M)

Calculated over the trailing 1-month period

14.57%

22.03%

-7.46%

Volatility (6M)

Calculated over the trailing 6-month period

42.24%

52.02%

-9.78%

Volatility (1Y)

Calculated over the trailing 1-year period

54.54%

65.20%

-10.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

64.97%

54.69%

+10.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

54.50%

48.24%

+6.26%

Dividends

SMID vs. IESC - Dividend Comparison

Neither SMID nor IESC has paid dividends to shareholders.


PositionTTM2025202420232022202120202019201820172016
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%
SMID
Smith-Midland Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.92%0.74%0.73%0.19%

Financials

SMID vs. IESC - Financials Comparison

This section allows you to compare key financial metrics between Smith-Midland Corporation and IES Holdings, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M1.00BJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
23.11M
974.20M
(SMID) Total Revenue
(IESC) Total Revenue
Values in USD except per share items

SMID vs. IESC - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%15.0%20.0%25.0%30.0%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
23.9%
24.5%
Portfolio components
SMID - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.

IESC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.

SMID - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.

IESC - Operating Margin

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

SMID - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.

IESC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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


SMID and IESC have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IESC has higher volatility (22.03%) compared to SMID (14.57%). In terms of maximum drawdown, SMID dropped -72.37% vs IESC's -98.32%.

IESC currently has the higher Sharpe Ratio (1.47 vs -0.39), 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.

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