Powell Industries Inc (POWL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the POWL SEC filings page.
Powell Industries Inc (POWL) reported $1.2B in revenue over the twelve months to Jun 30, 2026, up 7.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Operating leverage is the dominant mechanic: rapid scale expansion is converting a modest-margin operation into a cash-generating business.
From FY2023 to FY2025, revenue rose from$699M to$1.1B while operating margin widened from8.9% to19.7% . That combination indicates growth was accompanied by substantial fixed-cost absorption, rather than merely more volume passing through the same cost structure.
FY2025 operating cash flow of
FY2025 liabilities were
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Powell Industries Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Powell Industries Inc has an operating margin of 19.7%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is up from 17.7% the prior year.
Powell Industries Inc's revenue grew 9.1% year-over-year to $1.1B, a solid pace of expansion. This earns a growth score of 87/100.
Powell Industries Inc has a moderate D/E ratio of 0.73. This balance of debt and equity financing earns a leverage score of 54/100.
Powell Industries Inc's current ratio of 2.09 indicates adequate short-term liquidity, earning a score of 61/100. The company can meet its near-term obligations, though with limited headroom.
Powell Industries Inc converts 14.0% of revenue into free cash flow ($154.8M). This strong cash generation earns a score of 78/100.
Powell Industries Inc earns a strong 28.2% return on equity (ROE), meaning it generates $28 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 79/100. This is down from 31.0% the prior year.
Powell Industries Inc scores 10.93, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.2B) relative to total liabilities ($468.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Powell Industries Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Powell Industries Inc generates $0.93 in operating cash flow ($167.9M OCF vs $180.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Powell Industries Inc generated $311.7M in revenue in Q3 2026. This represents an increase of 8.9% from the same quarter a year earlier. Against the prior quarter it is up 5.1%.
Powell Industries Inc's EBITDA was $66.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.1% from the same quarter a year earlier. Against the prior quarter it is up 10.8%.
Powell Industries Inc reported $52.2M in net income in Q3 2026. This represents an increase of 8.1% from the same quarter a year earlier. Against the prior quarter it is up 13.7%.
Powell Industries Inc earned $1.42 per diluted share (EPS) in Q3 2026. Against the prior quarter it is up 13.6%.
Cash & Balance Sheet
Powell Industries Inc generated $93.7M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 121.7% from the same quarter a year earlier. Against the prior quarter it is up 89.9%.
Powell Industries Inc held $633.6M in cash as of Q3 2026; long-term debt is not reported for that period.
Powell Industries Inc paid $0.09 per share in dividends in Q3 2026. It is unchanged from the prior quarter.
Margins & Returns
Powell Industries Inc's gross margin was 30.6% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.9 percentage points.
Powell Industries Inc's operating margin was 20.5% in Q3 2026, reflecting core business profitability. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Powell Industries Inc's net profit margin was 16.7% in Q3 2026, showing the share of revenue converted to profit. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Powell Industries Inc's ROE was 6.9% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
Capital Allocation
Powell Industries Inc invested $4.3M in research and development in Q3 2026. This represents an increase of 61.7% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.
Powell Industries Inc invested $6.5M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 27.5% from the same quarter a year earlier. Against the prior quarter it is up 256.2%.
Not reported for Q3 2026.
POWL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $311.7M+8.9% | $296.6M+6.5% | $251.2M+4.0% | $298.0M+8.3% | $286.3M-0.7% | $278.6M+9.2% | $241.4M+24.4% | $275.1M+31.8% |
| Cost of Revenue | $216.4M+9.1% | $208.7M+6.9% | $179.8M-1.2% | N/A | $198.4M-3.9% | $195.2M+1.5% | $181.9M+24.7% | N/A |
| Gross Profit | $95.3M+8.4% | $87.9M+5.4% | $71.4M+20.0% | $93.5M+16.3% | $87.9M+7.5% | $83.4M+33.0% | $59.5M+23.5% | $80.4M+54.7% |
| R&D Expenses | $4.3M+61.7% | $4.3M+56.2% | $3.3M+31.9% | N/A | $2.7M+9.4% | $2.7M+20.2% | $2.5M+25.9% | N/A |
| SG&A Expenses | $26.7M+6.3% | $25.8M+18.7% | $25.2M+17.1% | N/A | $25.1M+14.0% | $21.8M+3.9% | $21.5M+5.5% | N/A |
| Operating Income | $64.1M+6.6% | $57.6M-2.3% | $42.8M+20.2% | N/A | $60.1M+5.0% | $58.9M+49.2% | $35.6M+37.4% | N/A |
| EBITDA | $66.2M+7.1% | $59.8M-1.4% | $44.9M+20.3% | N/A | $61.9M+4.9% | $60.6M+47.1% | $37.3M+35.6% | N/A |
| Income Tax | $17.0M+6.9% | $15.9M-1.5% | $5.6M+20.8% | N/A | $15.9M+1.9% | $16.1M+54.8% | $4.7M-19.3% | N/A |
| Net Income | $52.2M+8.1% | $45.9M-1.0% | $41.4M+19.1% | $51.4M+11.7% | $48.2M+4.4% | $46.3M+38.3% | $34.8M+44.3% | $46.1M+74.2% |
| EPS (Basic) | $1.43+7.5% | $1.26-1.6% | $3.42+18.3% | $4.26+10.9% | $1.33-65.5% | $1.28-54.1% | $2.89+43.1% | $3.84+73.0% |
| EPS (Diluted) | $1.42 | $1.25 | $3.40+18.9% | $4.22+11.9% | $1.32 | $1.27 | $2.86+44.4% | $3.77+73.7% |
| Diluted Shares (Avg) | 37M | 37M | 12M+0.1% | N/A | 37M | 37M | 12M-0.2% | N/A |
Not reported in any period shown, so not listed: Interest Expense.
POWL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B+35.0% | $1.2B+22.2% | $1.1B+19.9% | $1.1B+19.5% | $1.0B+19.9% | $965.4M+13.6% | $912.7M+13.0% | $928.2M+23.4% |
| Current Assets | $1.2B+39.9% | $1.0B+24.4% | $920.1M+20.8% | $931.7M+20.0% | $880.2M+19.6% | $810.6M+13.1% | $761.9M+12.9% | $776.5M+24.8% |
| Cash & Equivalents | $633.6M+59.0% | $537.7M+49.6% | $490.6M+50.7% | $450.7M+42.9% | $398.5M+20.0% | $359.5M+11.2% | $325.6M+1.3% | $315.3M+28.2% |
| Short-Term Investments | $0-100.0% | $7.2M-75.9% | $10.2M-78.6% | $24.8M-42.4% | $34.6M-17.7% | $29.8M-29.3% | $47.8M+40.8% | $43.1M+30.0% |
| Inventory | $95.4M+7.7% | $86.3M-3.0% | $85.0M-3.6% | $84.7M-1.3% | $88.5M+4.0% | $89.0M+8.5% | $88.1M+26.4% | $85.9M+34.5% |
| Accounts Receivable | $362.4M+71.3% | $238.3M+17.6% | $189.6M-1.9% | $217.1M+1.2% | $211.6M+22.2% | $202.6M+10.1% | $193.3M+14.0% | $214.4M+3.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $6.0M | $6.0M | $6.1M | $6.1M+510.7% | N/A | N/A | N/A | $1.0M0.0% |
| Total Liabilities | $650.5M+45.4% | $471.0M+11.1% | $425.5M+2.2% | $468.2M+5.2% | $447.3M+3.5% | $424.0M-7.0% | $416.3M-5.7% | $445.1M+9.3% |
| Current Liabilities | $624.6M+46.2% | $447.3M+10.5% | $401.6M+1.2% | $446.4M+4.3% | $427.3M+2.1% | $404.8M-8.4% | $396.7M-7.3% | $428.0M+8.2% |
| Non-Current Liabilities | $25.9M+29.5% | $23.7M+23.6% | $23.9M+21.3% | $21.8M+27.7% | $20.0M+44.6% | $19.2M+36.8% | $19.7M+42.8% | $17.1M+48.2% |
| Total Equity | $756.2M+27.1% | $709.1M+31.0% | $668.9M+34.8% | $640.8M+32.6% | $594.9M+36.2% | $541.4M+37.5% | $496.3M+35.5% | $483.1M+40.0% |
| Retained Earnings | $759.4M+30.5% | $710.5M+32.4% | $667.9M+35.3% | $629.8M+36.3% | $581.7M+38.7% | $536.7M+42.6% | $493.7M+42.6% | $462.2M+42.1% |
Not reported in any period shown, so not listed: Long-Term Debt.
POWL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $100.2M+111.5% | $51.2M+128.4% | $43.6M+17.7% | $61.1M+1119.4% | $47.4M+244.3% | $22.4M+31.9% | $37.1M-55.8% | -$6.0M-107.8% |
| Depreciation & Amortization | $2.2M+24.3% | $2.2M+27.0% | $2.1M+22.5% | $2.0M | $1.7M+1.9% | $1.7M-0.3% | $1.8M+6.9% | N/A |
| Stock-Based Compensation | N/A | N/A | $1.6M+3.9% | N/A | N/A | N/A | $1.5M-8.7% | N/A |
| Capital Expenditures | $6.5M+27.5% | $1.8M-55.0% | $2.0M-7.3% | $1.8M-79.1% | $5.1M+268.4% | $4.1M+351.2% | $2.2M+77.2% | $8.5M+121.8% |
| Free Cash Flow | $93.7M+121.7% | $49.3M+169.1% | $41.6M+19.3% | $59.3M+510.5% | $42.3M+241.6% | $18.3M+13.9% | $34.9M-57.8% | -$14.4M-119.7% |
| Investing Cash Flow | $521K+105.9% | $1.0M-92.6% | $12.9M+236.1% | -$4.1M+53.6% | -$8.8M-408.0% | $14.1M+244.0% | -$9.5M-539.3% | -$8.9M+20.4% |
| Financing Cash Flow | -$3.5M-6.7% | -$3.7M-15.8% | -$17.3M-13.8% | -$3.4M-4.4% | -$3.3M-2.7% | -$3.2M+34.1% | -$15.2M-92.7% | -$3.3M-3.6% |
| Dividends Paid | $3.3M+1.6% | $3.3M+1.6% | $3.2M+1.6% | $3.2M+1.6% | $3.2M+1.6% | $3.2M+1.6% | $3.2M+2.0% | $3.2M+2.0% |
Not reported in any period shown, so not listed: Share Buybacks.
POWL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.6%-0.1pp | 29.6%-0.3pp | 28.4%+3.8pp | 31.4%+2.2pp | 30.7%+2.3pp | 29.9%+5.3pp | 24.6%-0.2pp | 29.2%+4.3pp |
| Operating Margin | 20.5%-0.5pp | 19.4%-1.7pp | 17.0%+2.3pp | N/A | 21.0%+1.1pp | 21.1%+5.7pp | 14.7%+1.4pp | N/A |
| Net Margin | 16.7%-0.1pp | 15.5%-1.2pp | 16.5%+2.1pp | 17.3%+0.5pp | 16.9%+0.8pp | 16.6%+3.5pp | 14.4%+2.0pp | 16.7%+4.1pp |
| Return on Equity | 6.9%-1.2pp | 6.5%-2.1pp | 6.2%-0.8pp | 8.0%-1.5pp | 8.1%-2.5pp | 8.6%+0.1pp | 7.0%+0.4pp | 9.5%+1.9pp |
| Return on Assets | 3.7%-0.9pp | 3.9%-0.9pp | 3.8%0.0pp | 4.6%-0.3pp | 4.6%-0.7pp | 4.8%+0.9pp | 3.8%+0.8pp | 5.0%+1.4pp |
| Current Ratio | 1.97-0.1x | 2.25+0.3x | 2.29+0.4x | 2.09+0.3x | 2.06+0.3x | 2.00+0.4x | 1.92+0.3x | 1.81+0.2x |
| Debt-to-Equity | 0.86+0.1x | 0.66-0.1x | 0.64-0.2x | 0.73-0.2x | 0.75-0.2x | 0.78-0.4x | 0.84-0.4x | 0.92-0.3x |
| Asset Turnover | 0.22-0.1x | 0.250.0x | 0.230.0x | 0.270.0x | 0.27-0.1x | 0.290.0x | 0.260.0x | 0.300.0x |
| FCF Margin | 30.1%+15.3pp | 16.6%+10.1pp | 16.6%+2.1pp | 19.9%+25.1pp | 14.8%+10.5pp | 6.6%+0.3pp | 14.4%-28.2pp | -5.3%-40.4pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Powell Industries Inc POWL | FY2025 | $1.1B | $180.7M | 16.4% | $6.2B | 72/100 |
| Hayward Holdings, Inc. HAYW | FY2025 | $1.1B | $151.6M | 13.5% | $2.8B | 67/100 |
| EnerSys, Inc. ENS | FY2026 | $3.8B | $293.6M | 7.8% | $6.5B | 61/100 |
| Advanced Energy Industries Inc AEIS | FY2025 | $1.8B | $148.4M | 8.3% | $11.5B | 59/100 |
| Atkore Inc. ATKR | FY2025 | $2.9B | -$15.2M | -0.5% | $3.2B | 56/100 |
| Eos Energy Enterprises, Inc. EOSE | FY2025 | $114.2M | -$969.6M | N/A | $1.4B | 43/100 |
Where Powell Industries Inc Ranks
Frequently Asked Questions
What is Powell Industries Inc's annual revenue?
Powell Industries Inc (POWL) reported $1.1B in total revenue for fiscal year 2025. This represents a 9.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Powell Industries Inc's revenue growing?
Powell Industries Inc (POWL) revenue grew by 9.1% year-over-year, from $1.0B to $1.1B in fiscal year 2025.
Is Powell Industries Inc profitable?
Yes, Powell Industries Inc (POWL) reported a net income of $180.7M in fiscal year 2025, with a net profit margin of 16.4%.
What is Powell Industries Inc's EBITDA?
Powell Industries Inc (POWL) had EBITDA of $225.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Powell Industries Inc's gross margin?
Powell Industries Inc (POWL) had a gross margin of 29.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Powell Industries Inc's operating margin?
Powell Industries Inc (POWL) had an operating margin of 19.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Powell Industries Inc's net profit margin?
Powell Industries Inc (POWL) had a net profit margin of 16.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Powell Industries Inc pay dividends?
Yes, Powell Industries Inc (POWL) paid $1.07 per share in dividends during fiscal year 2025.
What is Powell Industries Inc's return on equity (ROE)?
Powell Industries Inc (POWL) has a return on equity of 28.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Powell Industries Inc's free cash flow?
Powell Industries Inc (POWL) generated $154.8M in free cash flow during fiscal year 2025. This represents a 60.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Powell Industries Inc's operating cash flow?
Powell Industries Inc (POWL) generated $167.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Powell Industries Inc's total assets?
Powell Industries Inc (POWL) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Powell Industries Inc's capital expenditures?
Powell Industries Inc (POWL) invested $13.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Powell Industries Inc spend on research and development?
Powell Industries Inc (POWL) invested $11.0M in research and development during fiscal year 2025.
What is Powell Industries Inc's current ratio?
Powell Industries Inc (POWL) had a current ratio of 2.09 as of fiscal year 2025, which is generally considered healthy.
What is Powell Industries Inc's debt-to-equity ratio?
Powell Industries Inc (POWL) had a debt-to-equity ratio of 0.73 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Powell Industries Inc's return on assets (ROA)?
Powell Industries Inc (POWL) had a return on assets of 16.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Powell Industries Inc's P/E ratio?
Powell Industries Inc (POWL) trades at 32.6x earnings, its market capitalization divided by net income of $190.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $6.2B as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Powell Industries Inc's price-to-sales ratio?
Powell Industries Inc (POWL) trades at 5.4x sales, its market capitalization divided by revenue of $1.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $6.2B as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Powell Industries Inc's Altman Z-Score?
Powell Industries Inc (POWL) has an Altman Z-Score of 10.93, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Powell Industries Inc's Piotroski F-Score?
Powell Industries Inc (POWL) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Powell Industries Inc's earnings high quality?
Powell Industries Inc (POWL) has an earnings quality ratio of 0.93x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Powell Industries Inc?
Powell Industries Inc (POWL) scores 72 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.