Powell Industries (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 Oct 30, 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).
Powell’s numbers show a business where margin expansion is outpacing sales growth, while cash generation increasingly follows reported profit.
From FY2023 to FY2025, revenue rose57.9% while operating income rose248.5% , showing that earnings growth was not simply volume-led. Cash conversion improved alongside margins: operating cash flow reached92.9% of net income in FY2025 versus72.5% in FY2024.
Gross margin reached
In FY2025, assets expanded
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 69/100, 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 86/100.
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 77/100.
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 82/100. This is down from 31.0% the prior year.
Powell Industries Inc scores 10.26, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $5.7B against total liabilities of $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 operating efficiency signals passes.
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; no long-term debt figure is on record 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 quarterly ROE was 6.9% in Q3 2026: one quarter's net income over shareholder equity, not annualized. 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 | $1.26 | $3.42+18.3% | $4.26+10.9% | $1.33 | $1.28 | $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 | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| 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% | $61.1Mn/m | $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+12.3% | $1.7M+1.9% | $1.7M-0.3% | $1.8M+6.9% | $1.8M-13.3% |
| 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% | $59.3Mn/m | $42.3M+241.6% | $18.3M+13.9% | $34.9M-57.8% | -$14.4M-119.7% |
| Investing Cash Flow | $521Kn/m | $1.0M-92.6% | $12.9Mn/m | -$4.1Mn/m | -$8.8Mn/m | $14.1Mn/m | -$9.5Mn/m | -$8.9Mn/m |
| Financing Cash Flow | -$3.5Mn/m | -$3.7Mn/m | -$17.3Mn/m | -$3.4Mn/m | -$3.3Mn/m | -$3.2Mn/m | -$15.2Mn/m | -$3.3Mn/m |
| 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 |
| Liabilities-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 |
Not reported in any period shown, so not listed: Debt-to-Equity.
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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Powell Industries Inc POWL | FY2025 | $1.1B | $180.7M | 16.4% | $5.7B | 71/100 |
| EnerSys, Inc. ENS | FY2026 | $3.8B | $293.6M | 7.8% | $5.8B | 61/100 |
| Forgent Power Solutions, Inc. FPS | FY2026 | $1.4B | $81.8M | 5.8% | $7.1B | 55/100 |
| Advanced Energy Industries Inc AEIS | FY2025 | $1.8B | $148.4M | 8.3% | $8.9B | 58/100 |
| Acuity Inc. AYI | FY2026 | $4.6B | $531.3M | 11.5% | $9.5B | 75/100 |
Where Powell Industries Inc Ranks
Frequently Asked Questions
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.
Powell Industries Inc (POWL) revenue grew by 9.1% year-over-year, from $1.0B to $1.1B in fiscal year 2025.
Yes, Powell Industries Inc (POWL) reported a net income of $190.9M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $180.7M, with a net profit margin of 16.4%.
Powell Industries Inc (POWL) had EBITDA of $225.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
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.
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.
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.
Yes, Powell Industries Inc (POWL) paid $1.07 per share in dividends during fiscal year 2025.
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.
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.
Powell Industries Inc (POWL) generated $167.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Powell Industries Inc (POWL) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
Powell Industries Inc (POWL) invested $13.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Powell Industries Inc (POWL) invested $11.0M in research and development during fiscal year 2025.
Powell Industries Inc (POWL) had a current ratio of 2.09 as of fiscal year 2025, which is generally considered healthy.
Powell Industries Inc (POWL) had a liabilities-to-equity ratio of 0.73 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
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.
Powell Industries Inc (POWL) trades at 29.8x earnings, its market capitalization divided by $190.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $5.7B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Powell Industries Inc (POWL) trades at 4.9x sales, its market capitalization divided by $1.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $5.7B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Powell Industries Inc (POWL) has an Altman Z-Score of 10.26, 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.
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.
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.
Powell Industries Inc (POWL) scores 71 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average 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.