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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.01B | $699.31M | $532.58M | $470.56M | $518.50M |
| Cost of Revenue | $779.94M | $739.27M | $551.75M | $447.56M | $395.50M | $423.92M |
| Gross Profit | $324.38M | $273.09M | $147.55M | $85.02M | $75.06M | $94.58M |
| R&D | $11.01M | $9.43M | $6.22M | $6.96M | $6.67M | $6.26M |
| SG&A | $95.40M | $84.89M | $78.81M | $70.83M | $67.22M | $67.66M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $6.87M | $6.87M | $8.61M | $9.36M | $10.34M | $10.54M |
| Operating Income | $217.86M | $178.77M | $62.52M | $7.22M | $1.02M | $19.07M |
| Interest Expense | - | - | - | - | $204.0K | $228.0K |
| Income Tax | $52.80M | $46.24M | $14.43M | ($3.89M) | $461.0K | $3.67M |
| Net Income | $180.75M | $149.85M | $54.52M | $13.74M | $631.0K | $16.66M |
| EPS - Basic | $4.99 | $4.17 | $1.53 | $0.39 | $0.02 | $0.48 |
| EPS - Diluted | $4.95 | $4.10 | $1.50 | $0.38 | $0.02 | $0.47 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $450.74M | $315.33M | $245.88M | $101.95M | $114.31M | $160.22M |
| Accounts Receivable | $217.06M | $214.41M | $206.59M | $106.11M | $78.30M | $69.96M |
| Inventory | $84.72M | $85.87M | $63.87M | $50.41M | $29.84M | $28.97M |
| Accounts Payable | $67.08M | $73.63M | $56.67M | $63.42M | $45.25M | $35.03M |
| Current Assets | $931.72M | $776.48M | $621.99M | $369.98M | $302.46M | $335.66M |
| Total Assets | $1.11B | $928.18M | $752.24M | $493.38M | $436.19M | $472.28M |
| Current Liabilities | $446.39M | $428.01M | $395.69M | $186.37M | $121.16M | $152.95M |
| Long-term Debt | - | - | - | $0 | $0 | $400.0K |
| Total Liabilities | $468.21M | $445.11M | $407.22M | $196.17M | $134.97M | $165.65M |
| Stockholders' Equity | $640.77M | $483.07M | $345.03M | $297.21M | $301.22M | $306.63M |
| Retained Earnings | $629.85M | $462.19M | $325.28M | $283.64M | $282.50M | $294.02M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $167.94M | $108.66M | $182.55M | ($3.58M) | ($30.46M) | $72.39M |
| Investing Cash Flow | ($8.34M) | ($21.87M) | ($26.57M) | $6.46M | ($2.46M) | ($17.54M) |
| Financing Cash Flow | ($25.12M) | ($19.25M) | ($13.06M) | ($13.31M) | ($13.17M) | ($13.10M) |
| CapEx | $13.15M | $11.98M | $7.82M | $2.45M | $2.89M | $5.13M |
| Free Cash Flow | $154.79M | $96.68M | $174.73M | ($6.03M) | ($33.35M) | $67.26M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29.4% | 27.0% | 21.1% | 16.0% | 16.0% | 18.2% |
| Operating margin | 19.7% | 17.7% | 8.9% | 1.4% | 0.2% | 3.7% |
| EBITDA margin | 20.4% | 18.3% | 10.2% | 3.1% | 2.4% | 5.7% |
| Net margin | 16.4% | 14.8% | 7.8% | 2.6% | 0.1% | 3.2% |
| Free cash flow margin | 14.0% | 9.5% | 25.0% | -1.1% | -7.1% | 13.0% |
| FCF / Net income | 0.86 | 0.65 | 3.20 | -0.44 | -52.86 | 4.04 |
| R&D / Revenue | 1.0% | 0.9% | 0.9% | 1.3% | 1.4% | 1.2% |
| SG&A / Revenue | 8.6% | 8.4% | 11.3% | 13.3% | 14.3% | 13.0% |
| Effective tax rate | 22.6% | 23.6% | 20.9% | -39.6% | 42.2% | 18.1% |
| Return on assets | 16.3% | 16.1% | 7.2% | 2.8% | 0.1% | 3.5% |
| Return on equity | 28.2% | 31.0% | 15.8% | 4.6% | 0.2% | 5.4% |
| Return on invested capital | - | - | - | 2.4% | 0.2% | 5.1% |
| Liquidity | ||||||
| Current ratio | 2.09 | 1.81 | 1.57 | 1.99 | 2.50 | 2.19 |
| Quick ratio | 1.90 | 1.61 | 1.41 | 1.71 | 2.25 | 2.01 |
| Cash ratio | 1.01 | 0.74 | 0.62 | 0.55 | 0.94 | 1.05 |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.00 | 0.00 | 0.00 |
| Debt / Assets | - | - | - | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | 0.00 | 0.00 | 0.01 |
| Interest coverage | - | - | - | - | 5.0x | 83.6x |
| Equity multiplier | 1.73 | 1.92 | 2.18 | 1.66 | 1.45 | 1.54 |
| Liabilities / Assets | 0.42 | 0.48 | 0.54 | 0.40 | 0.31 | 0.35 |
| Efficiency | ||||||
| Asset turnover | 1.00 | 1.09 | 0.93 | 1.08 | 1.08 | 1.10 |
| Inventory turnover | 9.21 | 8.61 | 8.64 | 8.88 | 13.26 | 14.63 |
| Days sales outstanding | 72d | 77d | 108d | 73d | 61d | 49d |
| Days inventory outstanding | 40d | 42d | 42d | 41d | 28d | 25d |
| Days payable outstanding | 31d | 36d | 37d | 52d | 42d | 30d |
| Cash conversion cycle | 80d | 83d | 113d | 62d | 47d | 44d |
| Valuation | ||||||
| P / E | 20.5x | 18.1x | 18.4x | 18.3x | 491.4x | 17.0x |
| P / B | 1.9x | 1.9x | 1.0x | 0.3x | 0.3x | 0.3x |
| P / S | 1.1x | 0.9x | 0.5x | 0.2x | 0.2x | 0.2x |
| EV / EBITDA | 3.5x | 3.2x | 1.3x | -1.1x | -1.6x | -2.2x |
| Growth | ||||||
| Revenue growth (YoY) | 9.1% | 44.8% | 31.3% | 13.2% | -9.2% | 31.0% |
| Revenue CAGR (3y) | 27.5% | 29.1% | 10.5% | 10.4% | 5.9% | - |
| Revenue CAGR (5y) | 16.3% | 20.7% | 12.1% | - | -3.6% | -4.1% |
| Gross profit growth (YoY) | 18.8% | 85.1% | 73.6% | 13.3% | -20.6% | 8.7% |
| Operating income growth (YoY) | 21.9% | 185.9% | 765.4% | 608.9% | -94.7% | 66.4% |
| Net income growth (YoY) | 20.6% | 174.8% | 296.9% | 2077.0% | -96.2% | 68.5% |
| EPS growth (YoY) | 20.9% | 173.1% | 291.3% | 2200.0% | -96.5% | -44.3% |
| EPS CAGR (3y) | 134.7% | 526.4% | 46.9% | -23.3% | - | - |
| EPS CAGR (5y) | 59.9% | 37.0% | - | - | -58.5% | -9.7% |
| FCF growth (YoY) | 60.1% | -44.7% | - | 81.9% | - | 4.3% |
| FCF CAGR (5y) | 18.1% | 8.4% | 19.9% | - | - | 3.5% |
| Book value growth (YoY) | 32.6% | 40.0% | 16.1% | -1.3% | -1.8% | 2.5% |
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%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.97
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
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 |