Energy Services of America (ESOA) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Energy Services of America

NasdaqCM•Industrials•Engineering & Construction

$11.38-0.01(<0.01%)Pre-market

Market Cap

$206.52M

P/E

19.8x

P/S

0.4x

P/B

2.5x

Energy Services of America Corporation operates as a contractor and service company for the natural gas, petroleum, water distribution, automotive, chemical, and power industries in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works. It also offers electrical and mechanical installation, and repair services, including substation and switchyard, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary works. In addition, the company provides corrosion protection, horizontal drilling, liquid pipeline and pump station construction, production facility construction, water and sewer pipeline installation, and various maintenance and repair services, as well as other services related to pipeline construction. Further, it installs broadband and solar electric systems; and performs civil and general contracting services. The company serves customers primarily in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky. Energy Services of America Corporation was incorporated in 2006 and is based in Huntington, West Virginia.

How this company scores

GoodMetricSide Score: 70/100

Strongest: Balance Sheet & Red Flags (23/25); weakest: Cash & Earnings Quality (11/25).

Profitability14/25

Growth22/25

Balance Sheet & Red Flags23/25

Cash & Earnings Quality11/25

Strengths

Growing revenueRising free cash flowRising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 19.8x5y range 2.9x – 466.0x

Currently above its 20-quarter median.

P/S · 0.4x5y range 0.2x – 0.6x

Currently above its 20-quarter median.

P/B · 2.5x5y range 0.7x – 4.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $206.52M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $467.37M
Q. Revenue: $130.01M
TTM EBITDA: $31.44M
TTM Op. Income: $18.10M
Q. Op. Income: $4.63M
TTM Net Income: $10.45M
Q. Net Income: $3.29M
EPS: $0.18
Shares Out.: $18.62M

$467.37M in TTM revenue grew 21.2% YoY, reaching $130.01M last quarter. TTM EBITDA of $31.44M and TTM operating income of $18.10M show growth is flowing through to the bottom line. TTM net income of $10.45M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 11.0%
EBITDA Margin: 6.2%
Op. Margin: 3.6%
Net Margin: 2.5%

Op. margin of 3.6% is up 0.5% YoY — cost efficiency is improving. Net margin at 2.5% and gross margin of 11.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 17% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 19.8x
P/S Ratio: 0.4x
P/B Ratio: 2.5x

At 19.8x P/E, the stock trades within typical market levels. P/S of 0.4x and P/B of 2.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $219.53M
Cash: $14.68M
Long-Term Debt: $25.83M
Book Value: $84.08M
D/E Ratio: 0.3
Debt/EBITDA: 3.2

With $219.53M in assets and $25.83M in long-term debt, D/E is 0.3and book value is $84.08M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 55% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-2.89M
TTM Free Cash Flow: $5.40M
FCF Margin: 1.2%
FCF / Net Income: 0.5

TTM FCF of $5.40M on $-2.89M in operating cash flow. The FCF / Net Income ratio of 0.5x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 290% — a weakening trend.