ESOA
Energy Services of America Corporation
ESOA's fundamentals are strong: revenue grew 21% and free cash flow more than tripled. At 14x earnings, it's trading in line with its usual 13x. Analysts expect that strong growth to continue, though they disagree widely on how much.
ESOA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
ESOA's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ESOA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.3x | $3.84 | -56% |
| Forward | 10x | $8.78 | — |
| Fair | 13x | $8.01 | -8.8% |
| Current | 14x | $8.78 | — |
| Expensive | 31x | $18.69 | +113% |
Historical ranges are pointers, not guarantees.
ESOA's PE is in its fair range at 14x. If earnings grow as analysts expect, today's price would be 10x next year's earnings.
ESOA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for ESOA, with profitability improving. However, they disagree widely on these estimates.
ESOA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.84 | +38% |
| Q2 2026 | $0.61 | +281% |
| Q1 2026 | $0.55 | -50% |
| Q4 2025 | $0.13 | -91% |
| Q3 2025 | $0.02 | -99% |
| Q2 2025 | $0.16 | -89% |
| Q1 2025 | $1.10 | +86% |
| Q4 2024 | $1.44 | +162% |
| Q3 2024 | $1.51 | +243% |
ESOA's earnings per share have fallen from their peak: $0.61 over the past year, against $1.51 in late 2024.
ESOA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $130M | +25% |
| Q1 2026 | $93.2M | +22% |
| Q4 2025 | $114.1M | +13% |
| Q3 2025 | $130.1M | +24% |
| Q2 2025 | $103.6M | +21% |
| Q1 2025 | $76.7M | +7.8% |
| Q4 2024 | $100.6M | +12% |
| Q3 2024 | $104.7M | -0.2% |
ESOA's revenue has grown year over year for seven quarters in a row: $130M last quarter, up 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 3.6% | +0.5 points |
| Q1 2026 | 1.1% | +12 points |
| Q4 2025 | 4.3% | +2.7 points |
| Q3 2025 | 5.8% | -2.6 points |
| Q2 2025 | 3.1% | -6.8 points |
| Q1 2025 | -11% | -9 points |
| Q4 2024 | 1.6% | -2.4 points |
| Q3 2024 | 8.4% | 0 points |
ESOA's operating margin was 3.6% last quarter, up 0.5 points from the same quarter a year ago.
ESOA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.8M | -$4.2M |
| Q1 2026 | -$62.2K | +$1M |
| Q4 2025 | $16.8M | +180% |
| Q3 2025 | -$6.5M | -$3.6M |
| Q2 2025 | -$582K | -104% |
| Q1 2025 | -$1.1M | +$3.8M |
| Q4 2024 | $6M | +305% |
| Q3 2024 | -$2.9M | -135% |
ESOA has burned cash in six of the last eight quarters: $5M over the past year, about four times what it generated the year before.
ESOA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.2% | +1.1M shares |
| 1 year | +12% | +2M shares |
| 3 years | +12% | +2.1M shares |
| 5 years | +9.2% | +1.6M shares |
| Available history | +7.4% | +1.3M shares |
ESOA has 19M diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $1,288 |
| Q4 2025 | $846,530 |
| Q3 2025 | — |
| Q3 2024 | — |
| Q3 2023 | — |
| Q2 2023 | $147,960 |
| Q3 2020 | — |
ESOA spent $847,818 buying back its own shares over the past year.
ESOA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 2.6x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.3x | Healthy |
| Q3 2024 | 0.7x | Very low |
ESOA's net debt is less than a year of its operating earnings (EBITDA), down from 2.6 years a year ago.
ESOA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.8 | Neutral |
| Stochastic | 5.4 | Oversold |
ESOA's weekly RSI is 33 (neutral) and its Stochastic is 5 (oversold).
ESOA PE vs Industrials Sector
| Metric | ESOA | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 24x | 40% below |
| PE % | 54 | 58 | 4 pts below |
ESOA is trading at 14x earnings, a 40% discount to the Industrials sector's median of 24x.
ESOA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.73 | 9.8% below |
| 20 week MA | $12.2 | 28% below |
| 50 week MA | $12.8 | 31% below |
| 100 week MA | $11.6 | 24% below |
| 200 week MA | $8.79 | 0.1% below |
ESOA is in a downtrend: it's below all five of its weekly moving averages, and 0.1% below its 200-week average.
ESOA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.82 | $1.25 | +52% |
| 2021 | $1.25 | $3.30 | +164% |
| 2022 | $3.30 | $2.68 | -19% |
| 2023 | $2.68 | $5.98 | +123% |
| 2024 | $5.98 | $13.2 | +121% |
| 2025 | $13.2 | $8.04 | -39% |
| 2026 YTD | $8.04 | $8.78 | +9.2% |
ESOA has finished higher in four of the last six years, four of them by more than 50%. It's up 9.2% so far in 2026.