POWL · Powell Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $296.62M | $251.18M | $286.27M | $278.63M | $241.43M | $288.17M | $255.11M | $194.02M | $192.37M | $171.44M |
| Cost of Revenue | $208.68M | $179.77M | $198.37M | $195.20M | $181.91M | $206.43M | $192.39M | $145.82M | $149.69M | $138.01M |
| Gross Profit | $87.94M | $71.42M | $87.90M | $83.43M | $59.52M | $81.74M | $62.72M | $48.19M | $42.67M | $33.44M |
| R&D | $4.29M | $3.27M | $2.66M | $2.75M | $2.48M | $2.43M | $2.28M | $1.97M | $1.43M | $1.54M |
| SG&A | $25.84M | $25.16M | $25.12M | $21.77M | $21.48M | $22.02M | $20.95M | $20.35M | $19.69M | $21.82M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $2.15M | - | - | $1.75M | - | - | $1.64M | - | - |
| Operating Income | $57.58M | $42.77M | $60.12M | $58.92M | $35.57M | $57.29M | $39.49M | $25.88M | $21.55M | $10.07M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $15.90M | $5.65M | $15.87M | $16.14M | $4.67M | $15.57M | $10.43M | $5.79M | $5.19M | $2.50M |
| Net Income | $45.89M | $41.39M | $48.23M | $46.33M | $34.76M | $46.22M | $33.49M | $24.09M | $18.45M | $8.47M |
| EPS - Basic | $1.26 | $1.14 | $1.33 | $1.28 | $0.96 | $1.28 | $0.93 | $0.67 | $0.52 | $0.24 |
| EPS - Diluted | $1.25 | $1.13 | $1.32 | $1.27 | $0.95 | $1.26 | $0.92 | $0.66 | $0.51 | $0.23 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $537.71M | $490.63M | $450.74M | $359.54M | $325.60M | $315.33M | $323.26M | $321.40M | $245.88M | $152.04M |
| Accounts Receivable | $238.31M | $189.57M | $217.06M | $202.58M | $193.27M | $214.41M | $183.98M | $169.48M | $206.59M | $170.18M |
| Inventory | $86.30M | $84.96M | $84.72M | $89.02M | $88.11M | $85.87M | $82.08M | $69.68M | $63.87M | $58.69M |
| Accounts Payable | $75.14M | $48.21M | $67.08M | $74.51M | $65.01M | $73.63M | $79.77M | $50.17M | $56.67M | $51.21M |
| Current Assets | $1.01B | $920.09M | $931.72M | $810.63M | $761.94M | $776.48M | $716.64M | $674.83M | $621.99M | $463.20M |
| Total Assets | $1.18B | $1.09B | $1.11B | $965.37M | $912.67M | $928.18M | $849.62M | $807.95M | $752.24M | $587.10M |
| Current Liabilities | $447.28M | $401.63M | $446.39M | $404.84M | $396.67M | $428.01M | $441.83M | $427.85M | $395.69M | $269.69M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $470.97M | $425.48M | $468.21M | $424.00M | $416.34M | $445.11M | $455.83M | $441.63M | $407.22M | $281.30M |
| Stockholders' Equity | $709.07M | $668.89M | $640.77M | $541.36M | $496.33M | $483.07M | $393.79M | $366.32M | $345.03M | $305.80M |
| Retained Earnings | $710.53M | $667.94M | $629.85M | $536.74M | $493.67M | $462.19M | $376.40M | $346.16M | $325.28M | $286.78M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $43.64M | - | - | $37.07M | - | - | $83.90M | - | - |
| Investing Cash Flow | - | $12.92M | - | - | ($9.49M) | - | - | ($1.49M) | - | - |
| Financing Cash Flow | - | ($17.27M) | - | - | ($15.18M) | - | - | ($7.88M) | - | - |
| CapEx | - | $2.03M | - | - | $2.19M | - | - | $1.24M | - | - |
| Free Cash Flow | - | $41.61M | - | - | $34.88M | - | - | $82.66M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 29.6% | 28.4% | 30.7% | 29.9% | 24.7% | 28.4% | 24.6% | 24.8% | 22.2% | 19.5% |
| Operating margin | 19.4% | 17.0% | 21.0% | 21.1% | 14.7% | 19.9% | 15.5% | 13.3% | 11.2% | 5.9% |
| EBITDA margin | - | 17.9% | - | - | 15.5% | - | - | 14.2% | - | - |
| Net margin | 15.5% | 16.5% | 16.8% | 16.6% | 14.4% | 16.0% | 13.1% | 12.4% | 9.6% | 4.9% |
| Free cash flow margin | - | 16.6% | - | - | 14.4% | - | - | 42.6% | - | - |
| FCF / Net income | - | 1.01 | - | - | 1.00 | - | - | 3.43 | - | - |
| R&D / Revenue | 1.4% | 1.3% | 0.9% | 1.0% | 1.0% | 0.8% | 0.9% | 1.0% | 0.7% | 0.9% |
| SG&A / Revenue | 8.7% | 10.0% | 8.8% | 7.8% | 8.9% | 7.6% | 8.2% | 10.5% | 10.2% | 12.7% |
| Effective tax rate | 25.7% | 12.0% | 24.8% | 25.8% | 11.9% | 25.2% | 23.7% | 19.4% | 22.0% | 22.8% |
| Return on assets | 3.9% | 3.8% | 4.3% | 4.8% | 3.8% | 5.0% | 3.9% | 3.0% | 2.5% | 1.4% |
| Return on equity | 6.5% | 6.2% | 7.5% | 8.6% | 7.0% | 9.6% | 8.5% | 6.6% | 5.3% | 2.8% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.25 | 2.29 | 2.09 | 2.00 | 1.92 | 1.81 | 1.62 | 1.58 | 1.57 | 1.72 |
| Quick ratio | 2.06 | 2.08 | 1.90 | 1.78 | 1.70 | 1.61 | 1.44 | 1.41 | 1.41 | 1.50 |
| Cash ratio | 1.20 | 1.22 | 1.01 | 0.89 | 0.82 | 0.74 | 0.73 | 0.75 | 0.62 | 0.56 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.66 | 1.64 | 1.73 | 1.78 | 1.84 | 1.92 | 2.16 | 2.21 | 2.18 | 1.92 |
| Liabilities / Assets | 0.40 | 0.39 | 0.42 | 0.44 | 0.46 | 0.48 | 0.54 | 0.55 | 0.54 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.25 | 0.23 | 0.26 | 0.29 | 0.26 | 0.31 | 0.30 | 0.24 | 0.26 | 0.29 |
| Inventory turnover | 2.42 | 2.12 | 2.34 | 2.19 | 2.06 | 2.40 | 2.34 | 2.09 | 2.34 | 2.35 |
| Days sales outstanding | 293d | 275d | 277d | 265d | 292d | 272d | 263d | 319d | 392d | 362d |
| Days inventory outstanding | 151d | 173d | 156d | 166d | 177d | 152d | 156d | 174d | 156d | 155d |
| Days payable outstanding | 131d | 98d | 123d | 139d | 130d | 130d | 151d | 126d | 138d | 135d |
| Cash conversion cycle | 313d | 350d | 309d | 292d | 339d | 293d | 268d | 368d | 410d | 382d |
| Valuation | ||||||||||
| P / E | 144.3x | 93.8x | 77.0x | 44.7x | 77.5x | 58.6x | 51.7x | 44.6x | 54.5x | 60.8x |
| P / B | 9.3x | 1.9x | 1.9x | 1.3x | 1.8x | 1.9x | 1.5x | 1.0x | 1.0x | 0.6x |
| P / S | 22.2x | 5.1x | 4.3x | 2.5x | 3.7x | 3.1x | 2.3x | 1.8x | 1.7x | 1.0x |
| EV / EBITDA | - | 17.8x | - | - | 15.3x | - | - | 1.4x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.5% | 4.0% | -0.7% | 9.2% | 24.4% | 49.8% | 48.8% | 52.9% | 42.0% | 34.1% |
| Revenue CAGR (3y) | 20.0% | 25.6% | 28.3% | 29.6% | 31.3% | 35.5% | 29.0% | 22.1% | 17.7% | 4.2% |
| Revenue CAGR (5y) | 20.1% | 18.7% | 19.4% | 12.9% | 12.5% | 18.7% | 15.6% | 12.2% | - | - |
| Gross profit growth (YoY) | 5.4% | 20.0% | 7.5% | 33.0% | 23.5% | 91.6% | 87.6% | 147.6% | 123.9% | 75.2% |
| Operating income growth (YoY) | -2.3% | 20.2% | 5.0% | 49.2% | 37.4% | 165.8% | 292.0% | 2274.3% | 2438.5% | 3224.8% |
| Net income growth (YoY) | -1.0% | 19.1% | 4.4% | 38.3% | 44.3% | 150.5% | 295.2% | 1972.7% | 103.7% | - |
| EPS growth (YoY) | -1.6% | 18.9% | 4.5% | 38.5% | 44.4% | 149.3% | 292.9% | 560.0% | -33.3% | - |
| EPS CAGR (3y) | 75.0% | 124.6% | 20.2% | - | - | - | - | - | 19.1% | -28.6% |
| EPS CAGR (5y) | - | - | 34.5% | 14.7% | 31.8% | 23.5% | 62.9% | - | 76.0% | - |
| FCF growth (YoY) | - | 19.3% | - | - | -57.8% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 31.0% | 34.8% | 32.6% | 37.5% | 35.5% | 40.0% | 28.8% | 22.7% | 16.1% | 4.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$1.10B totalReportable Segment$1.10B · 100.0%
Product / service
$1.10B totalOil And Gas Service$406.56M · 36.8%
Electricity$278.99M · 25.3%
Commercial And Other Industrial$178.22M · 16.1%
Petrochemical$151.17M · 13.7%
Other Customers$48.11M · 4.4%
Light Rail Traction Power Customer$41.26M · 3.7%
Geographic
$1.10B totalUS$880.22M · 79.7%
CA$157.19M · 14.2%
Middle East And Africa$27.44M · 2.5%
Europe$25.07M · 2.3%
Asia Pacific$9.28M · 0.8%
Mexico Central America And South America$5.11M · 0.5%
Peer comparison
Same SIC group: Switchgear & Switchboard Apparatus
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| LFUS | - | - | -3.0% |
Comparing POWELL INDUSTRIES INC against the 1 most active filer in the same SIC group.
Dividends
$0.36/share trailing 12 months · +0.9% YoY
| Ex-date | Per share |
|---|---|
| May 20, 2026 | $0.0900 |
| Feb 18, 2026 | $0.0900 |
| Nov 19, 2025 | $0.0893 |
| Aug 20, 2025 | $0.0893 |
| May 21, 2025 | $0.0893 |
| Feb 19, 2025 | $0.0893 |
| Nov 20, 2024 | $0.0883 |
| Aug 14, 2024 | $0.0883 |
| May 14, 2024 | $0.0883 |
| Feb 13, 2024 | $0.0883 |
| Nov 14, 2023 | $0.0877 |
| Aug 15, 2023 | $0.0877 |
| May 16, 2023 | $0.0877 |
| Feb 14, 2023 | $0.0877 |
| Nov 15, 2022 | $0.0867 |
| Aug 16, 2022 | $0.0867 |
| May 17, 2022 | $0.0867 |
| Feb 15, 2022 | $0.0867 |
| Nov 16, 2021 | $0.0867 |
| Aug 17, 2021 | $0.0867 |
| May 18, 2021 | $0.0867 |
| Feb 16, 2021 | $0.0867 |
| Nov 17, 2020 | $0.0867 |
| Aug 18, 2020 | $0.0867 |