Powell Industries (POWL) Financials

$303.88 -18.17 (-5.64%)

As of 02:49 PM Eastern

Annual Income Statements for Powell Industries

This table shows Powell Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Net Income / (Loss) Attributable to Common Shareholders	9.44	16	-9.49	-7.15	9.89	17	0.63	14	55	150	181
Consolidated Net Income / (Loss)	9.44	16	-9.49	-7.15	9.89	17	0.63	14	55	150	181
Net Income / (Loss) Continuing Operations	9.44	16	-9.49	-7.15	9.89	17	0.63	14	55	150	181
Total Pre-Tax Income	23	18	-17	-7.70	12	20	1.09	9.84	69	196	234
Total Operating Income	21	16	-19	-9.12	11	19	1.02	7.22	63	179	218
Total Gross Profit	108	106	51	65	87	95	75	85	148	273	324
Total Revenue	662	565	396	449	517	518	471	533	699	1,012	1,104
Operating Revenue	662	565	396	449	517	518	471	533	699	1,012	1,104
Total Cost of Revenue	554	459	345	383	430	424	395	448	552	739	780
Operating Cost of Revenue	554	459	345	383	430	424	395	448	552	739	780
Total Operating Expenses	88	90	70	74	76	76	74	78	85	94	107
Selling, General & Admin Expense	77	75	62	67	70	68	67	71	79	85	95
Research & Development Expense	6.98	6.73	6.91	6.72	6.33	6.27	6.67	6.96	6.22	9.43	11
Amortization Expense	0.44	0.40	0.40	0.21	0.18	0.18	0.16	-	0.00	0.00	0.11
Total Other Income / (Expense), net	2.34	2.04	2.42	1.42	0.87	1.26	0.07	2.62	6.43	17	16
Interest & Investment Income	0.09	0.16	0.56	0.88	1.10	0.75	0.07	0.33	6.43	17	16
Income Tax Expense	14	2.28	-7.43	-0.55	2.44	3.67	0.46	-3.89	14	46	53
Basic Earnings per Share	$0.80	$1.36	($0.83)	($0.62)	$0.85	$1.43	$0.05	$1.16	$4.59	$12.51	$14.98
Weighted Average Basic Shares Outstanding	11.87M	11.40M	11.45M	11.51M	11.57M	11.62M	11.71M	11.80M	11.88M	11.98M	12.06M
Diluted Earnings per Share	$0.79	$1.36	($0.83)	($0.62)	$0.85	$1.42	$0.05	$1.15	$4.50	$12.29	$14.86
Weighted Average Diluted Shares Outstanding	11.91M	11.43M	11.45M	11.51M	11.63M	11.69M	11.79M	11.94M	12.12M	12.19M	12.17M
Weighted Average Basic & Diluted Shares Outstanding	11.80M	11.40M	11.40M	11.50M	11.59M	11.62M	11.72M	11.82M	11.96M	12.02M	12.09M
Cash Dividends to Common per Share	$1.04	$1.04	$1.04	$1.04	$1.04	$1.04	$1.04	$1.04	$1.05	$1.06	$1.07

This table shows Powell Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	26	24	33	46	46	35	46	48	51	41	46
Consolidated Net Income / (Loss)	26	24	33	46	46	35	46	48	51	41	46
Net Income / (Loss) Continuing Operations	26	24	33	46	46	35	46	48	51	41	46
Total Pre-Tax Income	33	30	44	62	60	39	62	64	68	47	62
Total Operating Income	30	26	39	57	56	36	59	60	63	43	58
Total Gross Profit	52	48	63	82	80	60	83	88	94	71	88
Total Revenue	209	194	255	288	275	241	279	286	298	251	297
Operating Revenue	209	194	255	288	275	241	279	286	298	251	297
Total Cost of Revenue	157	146	192	206	195	182	195	198	204	180	209
Operating Cost of Revenue	157	146	192	206	195	182	195	198	204	180	209
Total Operating Expenses	22	22	23	24	24	24	25	28	30	29	30
Selling, General & Admin Expense	20	20	21	22	22	21	22	25	27	25	26
Research & Development Expense	1.75	1.97	2.28	2.43	2.75	2.48	2.75	2.66	3.13	3.27	4.29
Amortization Expense	-	-	-	-	-	0.00	0.00	-	-	0.22	0.22
Total Other Income / (Expense), net	2.92	4.00	4.43	4.51	4.38	3.87	3.56	3.98	4.29	4.27	4.20
Interest & Investment Income	2.92	4.00	4.43	4.51	4.38	3.87	3.56	3.98	4.29	4.27	4.20
Income Tax Expense	6.28	5.79	10	16	14	4.67	16	16	16	5.65	16
Basic Earnings per Share	$2.23	$2.02	$2.79	$3.85	$3.85	$2.89	$1.28	$4.00	$4.25	$3.42	$1.26
Weighted Average Basic Shares Outstanding	11.88M	11.94M	11.99M	12.00M	11.98M	12.04M	36.21M	12.07M	12.06M	12.11M	36.43M
Diluted Earnings per Share	$2.18	$1.98	$2.75	$3.79	$3.77	$2.86	$1.27	$3.96	$4.23	$3.40	$1.25
Weighted Average Diluted Shares Outstanding	12.12M	12.17M	12.19M	12.21M	12.19M	12.15M	36.52M	12.18M	12.17M	12.16M	36.58M
Weighted Average Basic & Diluted Shares Outstanding	11.96M	11.97M	11.99M	11.99M	12.02M	12.06M	12.07M	12.07M	12.09M	12.14M	36.43M
Cash Dividends to Common per Share	$0.26	$0.26	$0.27	$0.27	$0.27	$0.27	$0.09	$0.27	$0.27	$0.27	$0.09

This table details how cash moves in and out of Powell Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Net Change in Cash & Equivalents	-57	55	-6.31	-31	58	42	-46	-10	143	68	134
Net Cash From Operating Activities	13	75	37	-29	69	72	-30	-3.58	183	109	168
Net Cash From Continuing Operating Activities	13	75	37	-29	69	72	-30	-3.58	183	109	168
Net Income / (Loss) Continuing Operations	9.44	16	-9.49	-7.15	9.89	17	0.63	14	55	150	181
Consolidated Net Income / (Loss)	9.44	16	-9.49	-7.15	9.89	17	0.63	14	55	150	181
Depreciation Expense	13	13	13	13	12	11	10	9.36	8.61	6.87	7.27
Non-Cash Adjustments To Reconcile Net Income	3.64	5.76	2.87	2.52	4.07	3.23	2.63	2.25	4.55	5.03	4.63
Changes in Operating Assets and Liabilities, net	-14	40	31	-37	43	42	-44	-29	115	-53	-25
Net Cash From Investing Activities	-35	-2.86	-30	10	2.96	-18	-2.46	6.47	-27	-22	-8.34
Net Cash From Continuing Investing Activities	-35	-2.86	-30	10	2.96	-18	-2.46	6.47	-27	-22	-8.34
Purchase of Property, Plant & Equipment	-35	-3.04	-3.62	-4.42	-4.26	-5.16	-2.93	-2.45	-7.82	-12	-13
Acquisitions	-	-	-	-	-	-	-	0.00	0.00	-0.25	-11
Purchase of Investments	0.00	0.00	-60	-22	-5.87	-19	-28	-22	-34	-43	-37
Sale of Property, Plant & Equipment	0.11	0.19	-	-	-	0.03	0.04	0.63	0.01	0.11	0.02
Sale and/or Maturity of Investments	0.00	0.00	33	35	13	6.15	28	26	15	33	54
Net Cash From Financing Activities	-35	-17	-13	-13	-14	-13	-13	-13	-13	-19	-25
Net Cash From Continuing Financing Activities	-35	-17	-13	-13	-14	-13	-13	-13	-13	-19	-25
Payment of Dividends	-12	-12	-12	-12	-12	-12	-12	-12	-12	-13	-13
Other Financing Activities, net	-0.93	-1.39	-0.40	-0.71	-1.45	-0.63	-0.63	-0.68	-0.65	-6.60	-12
Other Net Changes in Cash	-	-	-	-	-	-	0.20	-	1.00	-	0.93

This table details how cash moves in and out of Powell Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	63	75	2.33	8.86	-18	12	33	35	54	39	48
Net Cash From Operating Activities	77	84	17	14	-5.99	37	22	47	61	44	51
Net Cash From Continuing Operating Activities	77	84	17	14	-5.99	37	22	47	61	44	51
Net Income / (Loss) Continuing Operations	26	24	33	46	46	35	46	48	51	41	46
Consolidated Net Income / (Loss)	26	24	33	46	46	35	46	48	51	41	46
Depreciation Expense	2.11	1.64	1.72	1.71	1.80	1.76	1.72	1.74	2.05	2.15	2.18
Non-Cash Adjustments To Reconcile Net Income	0.60	1.63	1.34	1.15	0.91	1.42	0.99	1.11	1.11	1.70	1.13
Changes in Operating Assets and Liabilities, net	48	57	-20	-35	-55	-0.87	-27	-3.71	6.50	-1.60	1.98
Net Cash From Investing Activities	-11	-1.49	-9.76	-1.73	-8.90	-9.49	14	-8.78	-4.13	13	1.04
Net Cash From Continuing Investing Activities	-11	-1.49	-9.76	-1.73	-8.90	-9.49	14	-8.78	-4.13	13	1.04
Purchase of Property, Plant & Equipment	-3.81	-1.24	-0.90	-1.39	-8.46	-2.19	-4.07	-5.12	-1.77	-2.03	-1.83
Sale and/or Maturity of Investments	7.36	0.00	3.69	15	15	13	21	11	9.13	15	2.87
Net Cash From Financing Activities	-3.19	-7.88	-4.90	-3.18	-3.30	-15	-3.23	-3.26	-3.45	-17	-3.74
Net Cash From Continuing Financing Activities	-3.19	-7.88	-4.90	-3.18	-3.30	-15	-3.23	-3.26	-3.45	-17	-3.74
Payment of Dividends	-3.12	-3.12	-3.18	-3.18	-3.18	-3.19	-3.23	-3.23	-3.23	-3.24	-3.28
Other Financing Activities, net	-0.07	-4.75	-1.72	-	-0.12	-12	-	-0.04	-0.22	-14	-0.46

This table presents Powell Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Total Assets	469	463	415	430	467	472	436	493	752	928	1,109
Total Current Assets	297	304	250	277	329	336	302	370	622	776	932
Cash & Equivalents	44	98	68	37	119	160	114	102	246	315	451
Short-Term Investments	-	0.00	27	13	6.04	19	20	15	33	43	25
Accounts Receivable	207	167	105	93	112	70	78	106	207	214	217
Inventories, net	33	27	18	21	29	29	30	50	64	86	85
Prepaid Expenses	5.00	4.57	3.70	3.78	4.34	4.40	4.38	4.68	5.42	7.49	11
Other Current Assets	3.92	2.46	0.46	83	58	53	56	92	67	110	144
Plant, Property, & Equipment, net	155	145	139	129	121	114	109	99	98	103	111
Total Noncurrent Assets	17	13	25	25	18	22	24	25	33	48	66
Goodwill	2.39	2.06	1.72	1.51	1.34	1.16	1.00	1.00	1.00	1.00	6.13
Intangible Assets	-	-	-	-	-	-	-	-	-	0.50	6.14
Noncurrent Deferred & Refundable Income Taxes	2.29	0.00	0.23	5.94	5.12	3.64	4.64	9.16	17	27	33
Other Noncurrent Operating Assets	10	11	14	11	12	17	19	15	15	20	21
Total Liabilities & Shareholders' Equity	469	463	415	430	467	472	436	493	752	928	1,109
Total Liabilities	136	127	94	128	168	166	135	196	407	445	468
Total Current Liabilities	125	118	86	118	158	153	121	186	396	428	446
Accounts Payable	48	35	33	41	51	35	45	63	57	74	67
Accrued Expenses	12	13	3.17	10	14	12	10	15	22	23	30
Current Deferred Revenue	44	46	27	-	-	-	42	80	280	288	298
Current Deferred & Payable Income Tax Liabilities	0.78	1.46	1.22	0.90	0.91	1.86	1.08	1.72	6.52	8.98	11
Current Employee Benefit Liabilities	19	23	15	22	20	22	20	25	30	34	39
Other Current Liabilities	-	-	5.86	43	71	82	1.42	1.78	0.77	0.60	0.88
Total Noncurrent Liabilities	11	8.95	8.11	10	10	13	14	9.80	12	17	22
Noncurrent Deferred & Payable Income Tax Liabilities	-	0.14	-	-	-	-	-	-	0.00	2.71	5.30
Noncurrent Employee Benefit Liabilities	4.95	4.84	5.31	5.90	6.45	6.71	8.61	7.75	9.15	12	14
Other Noncurrent Operating Liabilities	0.72	1.47	1.20	3.36	3.12	5.60	5.20	2.05	2.39	2.36	2.82
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	333	335	321	302	299	307	301	297	345	483	641
Total Preferred & Common Equity	333	335	321	302	299	307	301	297	345	483	641
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	333	335	321	302	299	307	301	297	345	483	641
Common Stock	49	52	54	57	59	62	64	68	72	70	63
Retained Earnings	328	332	311	292	289	294	283	284	325	462	630
Treasury Stock	-21	-25	-25	-25	-25	-25	-25	-25	-25	-25	-25
Accumulated Other Comprehensive Income / (Loss)	-22	-24	-19	-22	-25	-25	-20	-29	-27	-24	-27

This table presents Powell Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	12/31/2022	3/31/2023	6/30/2023	12/31/2023	3/31/2024	6/30/2024	12/31/2024	3/31/2025	6/30/2025	12/31/2025	3/31/2026
Total Assets	514	587	671	808	850	869	913	965	1,042	1,094	1,180
Total Current Assets	389	463	547	675	717	736	762	811	880	920	1,008
Cash & Equivalents	100	152	183	321	323	332	326	360	398	491	538
Short-Term Investments	11	11	26	34	42	42	48	30	35	10	7.18
Accounts Receivable	151	170	205	169	184	173	193	203	212	190	238
Inventories, net	55	59	66	70	82	85	88	89	89	85	86
Prepaid Expenses	4.70	2.71	4.82	5.25	3.36	5.47	7.57	5.26	7.23	15	13
Other Current Assets	67	68	62	75	82	98	100	124	140	130	126
Plant, Property, & Equipment, net	99	98	97	98	97	96	102	105	109	112	112
Total Noncurrent Assets	25	26	27	35	36	37	49	49	53	62	60
Goodwill	1.00	1.00	1.00	1.50	1.50	1.50	1.50	1.50	1.50	6.13	6.04
Intangible Assets	-	-	-	-	-	-	-	-	-	5.92	5.61
Noncurrent Deferred & Refundable Income Taxes	10	11	12	17	17	17	28	30	31	30	26
Other Noncurrent Operating Assets	14	14	14	16	18	18	19	18	20	20	22
Total Liabilities & Shareholders' Equity	514	587	671	808	850	869	913	965	1,042	1,094	1,180
Total Liabilities	215	281	347	442	456	432	416	424	447	425	471
Total Current Liabilities	204	270	335	428	442	418	397	405	427	402	447
Accounts Payable	39	51	63	50	80	80	65	75	66	48	75
Accrued Expenses	17	19	20	25	21	21	23	24	26	32	29
Current Deferred Revenue	134	178	226	329	316	283	283	283	300	302	315
Current Deferred & Payable Income Tax Liabilities	2.74	2.58	1.74	12	4.95	7.58	12	3.26	6.45	4.77	3.37
Current Employee Benefit Liabilities	10	18	24	12	20	27	13	19	28	14	24
Other Current Liabilities	1.55	0.99	0.84	0.65	0.57	0.48	0.63	0.65	0.61	0.80	0.88
Total Noncurrent Liabilities	11	12	12	14	14	14	20	19	20	24	24
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	3.75	3.72	3.91	5.35	5.27
Noncurrent Employee Benefit Liabilities	8.93	9.11	9.45	11	11	11	13	12	13	15	15
Other Noncurrent Operating Liabilities	2.50	2.50	2.59	2.81	2.81	2.37	2.93	3.02	2.67	3.11	3.59
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	298	306	324	366	394	437	496	541	595	669	709
Total Preferred & Common Equity	298	306	324	366	394	437	496	541	595	669	709
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	298	306	324	366	394	437	496	541	595	669	709
Common Stock	69	70	71	69	68	69	60	61	62	51	52
Retained Earnings	281	287	302	346	376	419	494	537	582	668	711
Treasury Stock	-25	-25	-25	-25	-25	-25	-25	-25	-25	-25	-25
Accumulated Other Comprehensive Income / (Loss)	-27	-26	-24	-24	-26	-27	-32	-31	-24	-25	-28

This table displays calculated financial ratios and metrics derived from Powell Industries' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024	9/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.17%	-14.60%	-29.96%	13.34%	15.26%	0.26%	-9.25%	13.18%	31.31%	44.77%	9.08%
EBITDA Growth	-14.91%	-14.99%	-114.64%	199.43%	418.84%	28.19%	-62.30%	66.17%	276.99%	161.01%	21.27%
EBIT Growth	-25.29%	-22.84%	-197.32%	51.61%	236.85%	70.81%	-94.79%	833.17%	557.48%	185.95%	21.86%
NOPAT Growth	-54.79%	62.03%	-198.55%	52.83%	243.92%	70.06%	-96.23%	1,612.23%	390.39%	176.33%	23.41%
Net Income Growth	-67.70%	64.32%	-161.16%	24.60%	238.28%	68.45%	-96.21%	2,077.02%	296.92%	174.82%	20.62%
EPS Growth	-67.36%	72.15%	-161.03%	25.30%	237.10%	67.06%	-96.48%	2,200.00%	291.30%	173.11%	20.91%
Operating Cash Flow Growth	41.52%	479.86%	-50.85%	-177.53%	340.90%	5.29%	-142.08%	88.24%	5,196.40%	-40.48%	54.55%
Free Cash Flow Firm Growth	-953.85%	615.94%	-64.97%	-235.66%	296.54%	1.50%	-161.39%	92.28%	5,618.34%	-52.50%	64.26%
Invested Capital Growth	7.86%	-17.95%	-15.31%	12.35%	-23.07%	-26.85%	30.46%	7.79%	-63.47%	88.86%	32.53%
Revenue Q/Q Growth	-0.08%	-5.44%	-8.09%	9.77%	2.70%	-6.12%	3.23%	6.65%	7.04%	7.02%	2.12%
EBITDA Q/Q Growth	27.99%	-7.26%	-152.28%	193.73%	20.41%	-9.49%	-2.92%	81.96%	37.49%	16.29%	3.39%
EBIT Q/Q Growth	57.63%	-11.83%	-328.76%	53.53%	67.19%	-14.03%	-10.38%	1,207.98%	45.13%	17.26%	3.38%
NOPAT Q/Q Growth	77.08%	-6.55%	-218.79%	52.09%	112.43%	-19.10%	157.03%	418.17%	45.99%	15.81%	3.34%
Net Income Q/Q Growth	69.89%	-4.93%	-914.95%	48.30%	102.21%	-17.59%	78.75%	66.33%	48.05%	15.06%	3.06%
EPS Q/Q Growth	64.58%	-2.86%	-930.00%	48.33%	102.38%	-18.39%	150.00%	66.67%	47.54%	14.86%	3.19%
Operating Cash Flow Q/Q Growth	-69.48%	33.45%	-8.49%	-74.40%	118.64%	-17.94%	-47.16%	80.69%	40.95%	-43.37%	66.49%
Free Cash Flow Firm Q/Q Growth	-225.24%	27.03%	-21.22%	-33.70%	134.98%	-21.96%	-15.91%	85.83%	40.28%	-54.03%	100.09%
Invested Capital Q/Q Growth	2.60%	-3.09%	-5.00%	1.87%	-13.10%	-8.87%	-3.93%	-8.48%	-42.24%	98.87%	2.09%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.36%	18.79%	12.82%	14.56%	16.82%	18.24%	15.95%	15.96%	21.10%	26.98%	29.37%
EBITDA Margin	5.53%	5.51%	-1.15%	1.01%	4.54%	5.81%	2.41%	3.54%	10.17%	18.34%	20.39%
Operating Margin	3.12%	2.79%	-4.88%	-2.03%	2.22%	3.68%	0.22%	1.36%	8.94%	17.66%	19.73%
EBIT Margin	3.48%	3.15%	-4.37%	-1.87%	2.22%	3.78%	0.22%	1.79%	8.94%	17.66%	19.73%
Profit (Net Income) Margin	1.43%	2.74%	-2.40%	-1.59%	1.91%	3.21%	0.13%	2.58%	7.80%	14.80%	16.37%
Tax Burden Percent	41.06%	87.17%	56.07%	92.90%	80.18%	81.95%	57.78%	139.56%	79.08%	76.42%	77.39%
Interest Burden Percent	99.74%	100.04%	97.75%	91.93%	107.62%	103.85%	107.16%	103.51%	110.28%	109.69%	107.20%
Effective Tax Rate	58.94%	12.83%	0.00%	0.00%	19.82%	18.05%	42.22%	-39.56%	20.92%	23.58%	22.61%
Return on Invested Capital (ROIC)	3.01%	5.16%	-6.11%	-2.96%	4.55%	10.28%	0.40%	5.79%	40.08%	143.28%	116.31%
ROIC Less NNEP Spread (ROIC-NNEP)	1.64%	2.55%	-9.90%	-2.16%	3.84%	9.59%	0.37%	2.87%	37.51%	139.13%	113.40%
Return on Net Nonoperating Assets (RNNOA)	-0.33%	-0.52%	3.22%	0.66%	-1.26%	-4.78%	-0.19%	-1.20%	-23.10%	-107.09%	-84.14%
Return on Equity (ROE)	2.68%	4.64%	-2.89%	-2.30%	3.29%	5.50%	0.21%	4.59%	16.98%	36.19%	32.17%
Cash Return on Invested Capital (CROIC)	-4.55%	24.88%	10.47%	-14.59%	30.63%	41.29%	-26.03%	-1.71%	133.05%	81.75%	88.33%
Operating Return on Assets (OROA)	4.56%	3.82%	-3.95%	-1.98%	2.55%	4.17%	0.22%	2.05%	10.04%	21.28%	21.39%
Return on Assets (ROA)	1.87%	3.33%	-2.16%	-1.69%	2.20%	3.55%	0.14%	2.96%	8.75%	17.83%	17.75%
Return on Common Equity (ROCE)	2.68%	4.64%	-2.89%	-2.30%	3.29%	5.50%	0.21%	4.59%	16.98%	36.19%	32.17%
Return on Equity Simple (ROE_SIMPLE)	2.83%	4.63%	-2.95%	-2.37%	3.31%	5.43%	0.21%	4.62%	15.80%	31.02%	0.00%
Net Operating Profit after Tax (NOPAT)	8.48	14	-14	-6.39	9.19	16	0.59	10	49	137	169
NOPAT Margin	1.28%	2.43%	-3.42%	-1.42%	1.78%	3.01%	0.13%	1.89%	7.07%	13.49%	15.27%
Net Nonoperating Expense Percent (NNEP)	1.37%	2.61%	3.80%	-0.80%	0.71%	0.68%	0.03%	2.92%	2.57%	4.15%	2.91%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	26.31%
Cost of Revenue to Revenue	83.64%	81.21%	87.18%	85.44%	83.18%	81.76%	84.05%	84.04%	78.90%	73.02%	70.63%
SG&A Expenses to Revenue	11.60%	13.26%	15.54%	14.88%	13.53%	13.05%	14.28%	13.30%	11.27%	8.39%	8.64%
R&D to Revenue	1.05%	1.19%	1.74%	1.50%	1.22%	1.21%	1.42%	1.31%	0.89%	0.93%	1.00%
Operating Expenses to Revenue	13.24%	16.01%	17.72%	16.60%	14.60%	14.56%	15.74%	14.61%	12.16%	9.32%	9.65%
Earnings before Interest and Taxes (EBIT)	23	18	-17	-8.38	11	20	1.02	9.51	63	179	218
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	37	31	-4.55	4.53	23	30	11	19	71	186	225
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.81	1.08	0.87	1.16	1.31	0.82	0.89	0.81	2.82	5.50	5.74
Price to Tangible Book Value (P/TBV)	0.82	1.08	0.87	1.17	1.32	0.82	0.89	0.81	2.83	5.52	5.85
Price to Revenue (P/Rev)	0.41	0.64	0.71	0.78	0.76	0.48	0.57	0.45	1.39	2.63	3.33
Price to Earnings (P/E)	28.60	23.26	0.00	0.00	39.75	15.09	423.19	17.49	17.87	17.74	20.34
Dividend Yield	4.52%	3.28%	4.25%	3.41%	3.06%	4.80%	4.55%	5.10%	1.28%	0.48%	0.35%
Earnings Yield	3.50%	4.30%	0.00%	0.00%	2.52%	6.63%	0.24%	5.72%	5.60%	5.64%	4.92%
Enterprise Value to Invested Capital (EV/IC)	0.78	1.11	0.84	1.24	1.53	0.57	0.80	0.68	10.53	18.45	19.37
Enterprise Value to Revenue (EV/Rev)	0.35	0.47	0.43	0.63	0.52	0.14	0.28	0.23	0.99	2.27	2.90
Enterprise Value to EBITDA (EV/EBITDA)	6.26	8.53	0.00	62.49	11.48	2.43	11.75	6.56	9.78	12.39	14.21
Enterprise Value to EBIT (EV/EBIT)	9.94	14.93	0.00	0.00	23.53	3.74	130.97	13.01	11.12	12.87	14.69
Enterprise Value to NOPAT (EV/NOPAT)	27.03	19.33	0.00	0.00	29.34	4.69	226.65	12.27	14.06	16.84	18.98
Enterprise Value to Operating Cash Flow (EV/OCF)	17.74	3.54	4.65	0.00	3.92	1.01	0.00	0.00	3.81	21.17	19.05
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.01	7.37	0.00	4.36	1.17	0.00	0.00	4.24	29.51	24.99
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.20	-0.20	-0.32	-0.31	-0.33	-0.50	-0.51	-0.42	-0.62	-0.77	-0.74
Leverage Ratio	1.43	1.39	1.34	1.36	1.49	1.55	1.49	1.55	1.94	2.03	1.81
Compound Leverage Factor	1.43	1.39	1.31	1.25	1.61	1.61	1.60	1.61	2.14	2.23	1.94
Debt to Total Capital	0.83%	0.71%	0.62%	0.53%	0.40%	0.26%	0.13%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.12%	0.12%	0.12%	0.13%	0.13%	0.13%	0.13%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.71%	0.59%	0.49%	0.40%	0.27%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.17%	99.29%	99.38%	99.47%	99.60%	99.74%	99.87%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.08	0.08	-0.44	0.35	0.05	0.03	0.04	0.00	0.00	0.00	0.00
Net Debt to EBITDA	-1.11	-3.06	23.78	-14.86	-5.26	-5.91	-11.77	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.07	0.06	-0.35	0.27	0.03	0.01	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.33	0.17	-0.15	-0.25	0.13	0.05	0.68	0.00	0.00	0.00	0.00
Net Debt to NOPAT	-4.81	-6.94	8.00	10.54	-13.44	-11.40	-226.86	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.28	0.15	-0.12	-0.19	0.09	0.03	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	4.19	4.54	4.13	4.01	3.89	3.48	3.68	3.13	3.61	6.46	7.67
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.38	2.57	2.92	2.35	2.08	2.19	2.50	1.99	1.57	1.81	2.09
Quick Ratio	2.00	2.24	2.34	1.21	1.50	1.63	1.75	1.19	1.23	1.34	1.55
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-13	66	23	-31	62	63	-39	-2.97	164	78	128
Operating Cash Flow to CapEx	37.33%	2,621.84%	1,015.87%	-646.50%	1,615.96%	1,411.19%	-1,053.65%	-196.60%	2,338.32%	914.96%	1,279.13%
Free Cash Flow to Firm to Interest Expense	-88.53	444.50	138.12	-152.06	268.99	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	89.09	502.72	219.14	-137.89	298.95	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-149.58	483.55	197.57	-159.22	280.45	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.31	1.21	0.90	1.06	1.15	1.10	1.04	1.15	1.12	1.20	1.08
Accounts Receivable Turnover	3.23	3.02	2.91	4.53	5.05	5.70	6.35	5.78	4.47	4.81	5.12
Inventory Turnover	16.85	15.45	15.35	19.26	17.02	14.58	13.45	11.15	9.66	9.87	9.14
Fixed Asset Turnover	4.25	3.77	2.78	3.35	4.14	4.41	4.20	5.12	7.13	10.07	10.30
Accounts Payable Turnover	9.37	11.06	10.11	10.36	9.36	9.83	9.85	8.24	9.19	11.35	11.09
Days Sales Outstanding (DSO)	112.97	120.67	125.64	80.51	72.21	64.08	57.50	63.19	81.61	75.89	71.30
Days Inventory Outstanding (DIO)	21.66	23.62	23.78	18.95	21.45	25.04	27.13	32.72	37.80	36.97	39.92
Days Payable Outstanding (DPO)	38.97	33.00	36.09	35.22	38.98	37.11	37.04	44.31	39.72	32.17	32.93
Cash Conversion Cycle (CCC)	95.66	111.29	113.33	64.24	54.68	52.01	47.59	51.60	79.69	80.69	78.30
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	292	240	203	228	176	129	168	181	66	125	165
Invested Capital Turnover	2.35	2.12	1.79	2.08	2.56	3.41	3.18	3.06	5.67	10.62	7.62
Increase / (Decrease) in Invested Capital	21	-52	-37	25	-53	-47	39	13	-115	59	41
Enterprise Value (EV)	229	265	171	283	270	73	133	124	695	2,301	3,200
Market Capitalization	270	361	279	350	393	251	267	240	974	2,659	3,676
Book Value per Share	$28.43	$29.43	$28.11	$26.30	$25.86	$26.40	$25.76	$25.23	$29.09	$40.30	$53.09
Tangible Book Value per Share	$28.23	$29.25	$27.96	$26.17	$25.75	$26.30	$25.68	$25.14	$29.01	$40.17	$52.08
Total Capital	336	338	323	303	300	307	302	297	345	483	641
Total Debt	2.80	2.40	2.00	1.60	1.20	0.80	0.40	0.00	0.00	0.00	0.00
Total Long-Term Debt	2.40	2.00	1.60	1.20	0.80	0.40	0.00	0.00	0.00	0.00	0.00
Net Debt	-41	-95	-108	-67	-123	-178	-134	-117	-279	-358	-476
Capital Expenditures (CapEx)	35	2.86	3.62	4.42	4.26	5.13	2.89	1.82	7.81	12	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	129	89	55	90	46	4.19	48	67	-53	-9.93	9.80
Debt-free Net Working Capital (DFNWC)	173	186	165	159	171	183	182	184	226	348	485
Net Working Capital (NWC)	172	186	164	159	171	183	181	184	226	348	485
Net Nonoperating Expense (NNE)	-0.96	-1.77	-4.05	0.77	-0.70	-1.03	-0.04	-3.66	-5.08	-13	-12
Net Nonoperating Obligations (NNO)	-41	-95	-118	-73	-123	-178	-134	-117	-279	-358	-476
Total Depreciation and Amortization (D&A)	14	13	13	13	12	11	10	9.36	8.61	6.87	7.27
Debt-free, Cash-free Net Working Capital to Revenue	19.49%	15.67%	13.79%	20.13%	8.97%	0.81%	10.14%	12.60%	-7.54%	-0.98%	0.89%
Debt-free Net Working Capital to Revenue	26.07%	32.96%	41.65%	35.48%	33.08%	35.32%	38.61%	34.48%	32.36%	34.42%	43.95%
Net Working Capital to Revenue	26.01%	32.89%	41.55%	35.39%	33.00%	35.24%	38.53%	34.48%	32.36%	34.42%	43.95%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.80	$1.36	($0.83)	($0.62)	$0.85	$1.43	$0.05	$1.16	$4.59	$12.51	$14.98
Adjusted Weighted Average Basic Shares Outstanding	11.87M	11.40M	11.45M	11.51M	11.57M	11.62M	11.71M	11.80M	11.88M	11.98M	12.06M
Adjusted Diluted Earnings per Share	$0.79	$1.36	($0.83)	($0.62)	$0.85	$1.42	$0.05	$1.15	$4.50	$12.29	$14.86
Adjusted Weighted Average Diluted Shares Outstanding	11.91M	11.43M	11.45M	11.51M	11.63M	11.69M	11.79M	11.94M	12.12M	12.19M	12.17M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.41M	11.41M	11.43M	11.50M	11.59M	11.65M	11.72M	11.82M	11.96M	12.02M	12.09M
Normalized Net Operating Profit after Tax (NOPAT)	17	21	-13	-5.83	8.44	17	0.59	5.06	49	137	169
Normalized NOPAT Margin	2.54%	3.73%	-3.19%	-1.30%	1.63%	3.24%	0.13%	0.95%	7.07%	13.49%	15.27%
Pre Tax Income Margin	3.47%	3.15%	-4.27%	-1.72%	2.38%	3.92%	0.23%	1.85%	9.86%	19.37%	21.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	158.97	119.37	-103.03	-40.46	49.83	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	58.46	92.18	-80.58	-30.85	39.96	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-79.70	100.19	-124.60	-61.79	31.33	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-180.21	73.01	-102.15	-52.18	21.46	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	130.92%	76.37%	-125.18%	-166.61%	121.31%	72.43%	1,924.25%	89.05%	22.75%	8.44%	7.12%
Augmented Payout Ratio	356.15%	100.48%	-125.18%	-166.61%	121.31%	72.43%	1,924.25%	89.05%	22.75%	8.44%	7.12%

This table displays calculated financial ratios and metrics derived from Powell Industries' official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	12,142,283.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	36,426,849.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.26
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	28.26%	52.94%	48.80%	49.80%	31.84%	24.44%	9.22%	-0.66%	8.33%	4.04%	6.45%
EBITDA Growth	154.99%	753.10%	236.43%	148.51%	81.49%	35.63%	47.13%	4.86%	12.75%	20.34%	-1.44%
EBIT Growth	187.63%	2,274.31%	291.99%	165.81%	88.28%	37.45%	49.20%	4.95%	12.70%	20.24%	-2.27%
NOPAT Growth	182.34%	2,556.81%	287.10%	154.76%	77.39%	50.30%	45.11%	5.58%	12.72%	20.03%	-2.12%
Net Income Growth	202.51%	1,972.72%	295.23%	150.48%	74.20%	44.33%	38.35%	4.35%	11.66%	19.06%	-0.96%
EPS Growth	198.63%	1,880.00%	292.86%	149.34%	72.94%	44.44%	38.55%	4.49%	12.20%	18.88%	-0.96%
Operating Cash Flow Growth	219.14%	15,381.97%	-69.69%	-72.37%	-107.76%	-55.81%	31.87%	244.32%	1,119.45%	17.71%	128.37%
Free Cash Flow Firm Growth	3,165.28%	2,696.78%	225.05%	-5.50%	-111.49%	-140.78%	-155.38%	-157.09%	147.59%	90.73%	138.35%
Invested Capital Growth	-63.47%	-94.15%	-80.06%	-45.15%	88.86%	1,019.93%	434.60%	158.18%	32.53%	36.69%	7.96%
Revenue Q/Q Growth	8.46%	-7.01%	31.49%	12.96%	-4.55%	-12.23%	15.41%	2.74%	4.09%	-15.71%	18.09%
EBITDA Q/Q Growth	34.41%	-13.75%	49.75%	43.15%	-1.84%	-35.55%	62.45%	2.03%	5.54%	-31.20%	33.04%
EBIT Q/Q Growth	38.29%	-13.17%	52.59%	45.07%	-2.05%	-36.61%	65.63%	2.05%	5.19%	-32.37%	34.63%
NOPAT Q/Q Growth	43.16%	-13.37%	44.34%	42.31%	-0.31%	-26.60%	39.35%	3.54%	6.43%	-21.84%	13.63%
Net Income Q/Q Growth	43.25%	-8.89%	39.04%	38.03%	-0.37%	-24.51%	33.27%	4.11%	6.61%	-19.51%	10.86%
EPS Q/Q Growth	43.42%	-9.17%	38.89%	37.82%	-0.53%	-24.14%	33.22%	3.94%	6.82%	-19.62%	10.86%
Operating Cash Flow Q/Q Growth	55.10%	8.62%	-79.75%	-19.02%	-143.54%	718.79%	-39.56%	111.45%	28.90%	-28.55%	17.27%
Free Cash Flow Firm Q/Q Growth	38.82%	42.44%	-26.98%	-34.56%	-116.88%	-405.44%	0.83%	32.53%	114.07%	-198.44%	510.34%
Invested Capital Q/Q Growth	-42.24%	-83.37%	159.14%	120.40%	98.87%	-1.40%	23.70%	6.44%	2.09%	1.69%	-2.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.91%	24.84%	24.59%	28.37%	29.24%	24.65%	29.94%	30.70%	31.39%	28.43%	29.65%
EBITDA Margin	15.29%	14.18%	16.16%	20.47%	21.05%	15.46%	21.76%	21.61%	21.91%	17.88%	20.15%
Operating Margin	14.28%	13.34%	15.48%	19.88%	20.40%	14.73%	21.15%	21.00%	21.22%	17.03%	19.41%
EBIT Margin	14.28%	13.34%	15.48%	19.88%	20.40%	14.73%	21.15%	21.00%	21.22%	17.03%	19.41%
Profit (Net Income) Margin	12.67%	12.41%	13.13%	16.04%	16.74%	14.40%	16.63%	16.85%	17.26%	16.48%	15.47%
Tax Burden Percent	80.80%	80.61%	76.25%	74.80%	76.12%	88.15%	74.16%	75.25%	76.13%	88.00%	74.27%
Interest Burden Percent	109.78%	115.45%	111.21%	107.87%	107.81%	110.87%	106.03%	106.61%	106.79%	109.97%	107.30%
Effective Tax Rate	19.20%	19.39%	23.75%	25.20%	23.88%	11.85%	25.84%	24.75%	23.87%	12.00%	25.73%
Return on Invested Capital (ROIC)	65.43%	82.94%	117.28%	158.94%	164.89%	205.57%	188.21%	152.21%	123.10%	114.74%	103.22%
ROIC Less NNEP Spread (ROIC-NNEP)	64.24%	81.55%	116.00%	157.79%	163.84%	204.63%	187.51%	151.47%	122.32%	113.88%	102.55%
Return on Net Nonoperating Assets (RNNOA)	-39.56%	-57.17%	-87.63%	-121.08%	-126.11%	-172.87%	-151.32%	-118.50%	-90.76%	-85.44%	-76.62%
Return on Equity (ROE)	25.87%	25.76%	29.65%	37.86%	38.78%	32.70%	36.90%	33.71%	32.34%	29.30%	26.61%
Cash Return on Invested Capital (CROIC)	133.05%	247.90%	240.90%	191.62%	81.75%	52.51%	41.14%	56.99%	88.33%	89.19%	102.33%
Operating Return on Assets (OROA)	16.04%	15.47%	18.32%	24.42%	24.58%	18.15%	25.24%	23.77%	23.01%	18.90%	20.49%
Return on Assets (ROA)	14.23%	14.40%	15.54%	19.70%	20.17%	17.74%	19.85%	19.07%	18.71%	18.29%	16.33%
Return on Common Equity (ROCE)	25.87%	25.76%	29.65%	37.86%	38.78%	32.70%	36.90%	33.71%	32.34%	29.30%	26.61%
Return on Equity Simple (ROE_SIMPLE)	0.00%	21.14%	26.02%	29.82%	0.00%	32.34%	32.02%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	24	21	30	43	43	31	44	45	48	38	43
NOPAT Margin	11.54%	10.75%	11.80%	14.87%	15.53%	12.99%	15.68%	15.80%	16.16%	14.98%	14.42%
Net Nonoperating Expense Percent (NNEP)	1.19%	1.38%	1.28%	1.16%	1.05%	0.94%	0.70%	0.74%	0.78%	0.86%	0.67%
Return On Investment Capital (ROIC_SIMPLE)	-	5.70%	-	-	-	6.32%	8.07%	7.60%	7.51%	5.63%	6.03%
Cost of Revenue to Revenue	75.09%	75.16%	75.41%	71.63%	70.76%	75.35%	70.06%	69.30%	68.61%	71.57%	70.35%
SG&A Expenses to Revenue	9.79%	10.49%	8.21%	7.64%	7.84%	8.90%	7.81%	8.77%	9.08%	10.02%	8.71%
R&D to Revenue	0.84%	1.01%	0.90%	0.84%	1.00%	1.03%	0.99%	0.93%	1.05%	1.30%	1.45%
Operating Expenses to Revenue	10.63%	11.50%	9.11%	8.49%	8.84%	9.92%	8.80%	9.70%	10.16%	11.40%	10.23%
Earnings before Interest and Taxes (EBIT)	30	26	39	57	56	36	59	60	63	43	58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	32	28	41	59	58	37	61	62	65	45	60
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.82	2.85	4.31	3.93	5.50	5.37	3.80	4.27	5.74	5.76	9.27
Price to Tangible Book Value (P/TBV)	2.83	2.86	4.33	3.94	5.52	5.38	3.81	4.28	5.85	5.87	9.42
Price to Revenue (P/Rev)	1.39	1.36	2.00	1.81	2.63	2.51	1.90	2.35	3.33	3.46	5.80
Price to Earnings (P/E)	17.87	13.46	16.57	13.18	17.74	16.59	11.85	14.48	20.34	20.57	35.15
Dividend Yield	1.28%	1.19%	0.74%	0.74%	0.48%	0.48%	0.62%	0.51%	0.35%	0.34%	0.59%
Earnings Yield	5.60%	7.43%	6.04%	7.59%	5.64%	6.03%	8.44%	6.91%	4.92%	4.86%	2.85%
Enterprise Value to Invested Capital (EV/IC)	10.53	62.58	46.83	21.41	18.45	18.63	10.95	13.02	19.37	19.96	36.70
Enterprise Value to Revenue (EV/Rev)	0.99	0.90	1.57	1.42	2.27	2.16	1.54	1.95	2.90	3.01	5.32
Enterprise Value to EBITDA (EV/EBITDA)	9.78	7.20	10.71	8.41	12.39	11.72	7.75	9.68	14.21	14.41	25.99
Enterprise Value to EBIT (EV/EBIT)	11.12	7.87	11.41	8.80	12.87	12.15	8.01	10.00	14.69	14.90	26.93
Enterprise Value to NOPAT (EV/NOPAT)	14.06	9.88	14.50	11.38	16.84	15.57	10.36	12.91	18.98	19.18	34.64
Enterprise Value to Operating Cash Flow (EV/OCF)	3.81	2.57	5.84	6.99	21.17	37.04	24.77	20.89	19.05	19.22	29.64
Enterprise Value to Free Cash Flow (EV/FCFF)	4.24	2.79	6.46	7.92	29.51	65.15	44.86	32.92	24.99	25.85	37.24
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.62	-0.70	-0.76	-0.77	-0.77	-0.84	-0.81	-0.78	-0.74	-0.75	-0.75
Leverage Ratio	1.94	1.99	2.05	2.02	2.03	1.99	1.94	1.85	1.81	1.72	1.72
Compound Leverage Factor	2.13	2.30	2.28	2.18	2.19	2.21	2.06	1.98	1.94	1.89	1.84
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	3.46	3.44	4.40	4.80	6.02	6.37	5.51	5.94	7.21	8.01	10.90
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.57	1.58	1.62	1.76	1.81	1.92	2.00	2.06	2.09	2.29	2.25
Quick Ratio	1.23	1.23	1.24	1.31	1.34	1.43	1.46	1.51	1.55	1.72	1.75
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	139	198	144	94	-16	-81	-80	-54	7.59	-7.47	31
Operating Cash Flow to CapEx	2,025.68%	6,793.36%	1,881.84%	1,009.61%	-71.53%	1,693.56%	550.02%	925.97%	3,452.52%	2,150.71%	2,793.29%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.12	1.16	1.18	1.23	1.20	1.23	1.19	1.13	1.08	1.11	1.06
Accounts Receivable Turnover	4.47	4.78	4.80	5.01	4.81	5.84	5.60	5.62	5.12	5.82	5.14
Inventory Turnover	9.66	9.47	9.16	9.27	9.87	9.83	9.10	8.87	9.14	8.99	9.03
Fixed Asset Turnover	7.13	7.77	8.74	9.79	10.07	10.58	10.72	10.51	10.30	10.42	10.42
Accounts Payable Turnover	9.19	13.29	9.84	9.84	11.35	13.46	10.09	10.56	11.09	13.74	10.58
Days Sales Outstanding (DSO)	81.61	76.40	76.03	72.88	75.89	62.47	65.12	64.95	71.30	62.71	71.08
Days Inventory Outstanding (DIO)	37.80	38.56	39.86	39.36	36.97	37.14	40.13	41.16	39.92	40.61	40.44
Days Payable Outstanding (DPO)	39.72	27.46	37.08	37.09	32.17	27.11	36.18	34.57	32.93	26.57	34.52
Cash Conversion Cycle (CCC)	79.69	87.49	78.80	75.15	80.69	72.50	69.07	71.53	78.30	76.76	77.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	66	11	28	63	125	123	152	162	165	168	164
Invested Capital Turnover	5.67	7.71	9.94	10.69	10.62	15.83	12.00	9.63	7.62	7.66	7.16
Increase / (Decrease) in Invested Capital	-115	-177	-114	-52	59	112	124	99	41	45	12
Enterprise Value (EV)	695	687	1,332	1,342	2,301	2,290	1,666	2,107	3,200	3,354	6,025
Market Capitalization	974	1,042	1,697	1,716	2,659	2,664	2,055	2,540	3,676	3,855	6,570
Book Value per Share	$29.09	$30.68	$32.90	$36.43	$40.30	$41.30	$44.87	$49.30	$53.09	$55.32	$58.40
Tangible Book Value per Share	$29.01	$30.55	$32.78	$36.31	$40.17	$41.17	$44.75	$49.17	$52.08	$54.32	$57.44
Total Capital	345	366	394	437	483	496	541	595	641	669	709
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-279	-355	-365	-374	-358	-373	-389	-433	-476	-501	-545
Capital Expenditures (CapEx)	3.81	1.24	0.90	1.36	8.38	2.19	4.07	5.12	1.77	2.03	1.83
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-53	-108	-91	-57	-9.93	-8.13	16	20	9.80	18	16
Debt-free Net Working Capital (DFNWC)	226	247	275	317	348	365	406	453	485	518	561
Net Working Capital (NWC)	226	247	275	317	348	365	406	453	485	518	561
Net Nonoperating Expense (NNE)	-2.36	-3.22	-3.38	-3.37	-3.33	-3.41	-2.64	-2.99	-3.27	-3.75	-3.12
Net Nonoperating Obligations (NNO)	-279	-355	-365	-374	-358	-373	-389	-433	-476	-501	-545
Total Depreciation and Amortization (D&A)	2.11	1.64	1.72	1.71	1.80	1.76	1.72	1.74	2.05	2.15	2.18
Debt-free, Cash-free Net Working Capital to Revenue	-7.54%	-14.14%	-10.65%	-6.00%	-0.98%	-0.77%	1.52%	1.83%	0.89%	1.58%	1.43%
Debt-free Net Working Capital to Revenue	32.36%	32.22%	32.33%	33.54%	34.42%	34.47%	37.46%	41.87%	43.95%	46.54%	49.57%
Net Working Capital to Revenue	32.36%	32.22%	32.33%	33.54%	34.42%	34.47%	37.46%	41.87%	43.95%	46.54%	49.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.23	$2.02	$2.79	$3.85	$3.85	$2.89	$3.84	$4.00	$4.25	$3.42	$1.26
Adjusted Weighted Average Basic Shares Outstanding	11.88M	11.94M	11.99M	12.00M	11.98M	12.04M	12.07M	12.07M	12.06M	12.11M	36.43M
Adjusted Diluted Earnings per Share	$2.18	$1.98	$2.75	$3.79	$3.77	$2.86	$3.81	$3.96	$4.23	$3.40	$1.25
Adjusted Weighted Average Diluted Shares Outstanding	12.12M	12.17M	12.19M	12.21M	12.19M	12.15M	12.17M	12.18M	12.17M	12.16M	36.58M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.96M	11.97M	11.99M	11.99M	12.02M	12.06M	12.07M	12.07M	12.09M	12.14M	36.43M
Normalized Net Operating Profit after Tax (NOPAT)	24	21	30	43	43	31	44	45	48	38	43
Normalized NOPAT Margin	11.54%	10.75%	11.80%	14.87%	15.53%	12.99%	15.68%	15.80%	16.16%	14.98%	14.42%
Pre Tax Income Margin	15.68%	15.40%	17.22%	21.44%	21.99%	16.33%	22.42%	22.39%	22.67%	18.73%	20.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	22.75%	16.08%	12.22%	9.67%	8.44%	7.92%	7.36%	7.31%	7.12%	6.89%	6.94%
Augmented Payout Ratio	22.75%	16.08%	12.22%	9.67%	8.44%	7.92%	7.36%	7.31%	7.12%	6.89%	6.94%

Financials Breakdown Chart

Key Financial Trends

Here are the key, high-priority takeaways for Powell Industries (POWL) based on the latest four years of quarterly statements. The bullets focus on items that typically move retail investors’ views on liquidity, profitability, and financial health.

Cash and equivalents rose to $490.6 million in Q1 2026, strengthening liquidity versus prior quarters.
Operating cash flow remained solid, with net cash from continuing operating activities of $43.6 million in Q1 2026.
Net income from continuing operations in Q1 2026 was $41.39 million, with basic earnings per share of $3.42 and diluted $3.40.
Powell continued returning cash to shareholders, with a dividend per share of $0.2675 in Q1 2026.
The balance sheet shows healthy liquidity, with total current assets of about $920.1 million and total current liabilities around $401.6 million (working capital ≈ $518 million).
Revenue in Q1 2026 was about $251.2 million with gross profit of $71.4 million, yielding a gross margin of roughly 28.4%; margins have fluctuated in the 28–31% range in recent quarters.
Capital expenditure was modest in Q1 2026 (about $2.0 million in purchases of property, plant & equipment), suggesting limited near-term expansion CAPEX needs.
Gross margin compressed modestly in Q1 2026 versus the prior quarter (about 28.4% vs around 31% in Q4 2025), signaling near-term pressure on profitability per dollar of revenue.
Net cash from investing activities showed a net outflow of about $12.9 million in Q1 2026, contributing to cash flow variability despite the stronger operating cash flow.
Net cash from financing activities was negative in Q1 2026 (approximately $17.3 million), reflecting ongoing dividend payments and financing outflows that reduce cash balances.

05/12/26 01:29 PM ETAI Generated. May Contain Errors.

Powell Industries Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Powell Industries' financial year ends in September. Their financial year 2025 ended on September 30, 2025.

Powell Industries' net income appears to be on an upward trend, with a most recent value of $180.75 million in 2025, rising from $9.44 million in 2015. The previous period was $149.85 million in 2024. View Powell Industries' forecast to see where analysts expect Powell Industries to go next.

Powell Industries' total operating income in 2025 was $217.86 million, based on the following breakdown:

Total Gross Profit: $324.38 million
Total Operating Expenses: $106.52 million

Over the last 10 years, Powell Industries' total revenue changed from $661.86 million in 2015 to $1.10 billion in 2025, a change of 66.9%.

Powell Industries' total liabilities were at $468.21 million at the end of 2025, a 5.2% increase from 2024, and a 245.4% increase since 2015.

In the past 10 years, Powell Industries' cash and equivalents has ranged from $36.58 million in 2018 to $450.74 million in 2025, and is currently $450.74 million as of their latest financial filing in 2025.

Over the last 10 years, Powell Industries' book value per share changed from 28.43 in 2015 to 53.09 in 2025, a change of 86.7%.

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Financial statements for NASDAQ:POWL last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Powell Industries (POWL) Financials

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Powell Industries Financials - Frequently Asked Questions

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Powell Industries (POWL) Financials

Annual Income Statements for Powell Industries

Quarterly Income Statements for Powell Industries

Annual Cash Flow Statements for Powell Industries

Quarterly Cash Flow Statements for Powell Industries

Annual Balance Sheets for Powell Industries

Quarterly Balance Sheets for Powell Industries

Annual Metrics And Ratios for Powell Industries

Quarterly Metrics And Ratios for Powell Industries

Financials Breakdown Chart

Key Financial Trends

Powell Industries Financials - Frequently Asked Questions

When does Powell Industries' fiscal year end?

How has Powell Industries' net income changed over the last 10 years?

What is Powell Industries' operating income?

How has Powell Industries' revenue changed over the last 10 years?

How much debt does Powell Industries have?

How much cash does Powell Industries have?

How has Powell Industries' book value per share changed over the last 10 years?

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