Powell Industries, Inc.
NASDAQ:POWL · NASDAQ Global Select
+$1.33 today
Vol 1.08M · Avg 0.66M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:POWL · Revenue to Net Income
Key Ratios
Analysis
$1.1B of revenue converted into $186.9M of net income for the selected period. Gross margin is 30.0% and net margin is 16.5%, showing how much revenue survives after costs and taxes. EPS is $5.12, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B +9.1% | $1.0B +44.8% | $699.3M +31.3% | $532.6M +13.2% | $470.6M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $779.9M +5.5% | $739.3M +34.0% | $551.8M +23.3% | $447.6M +13.2% | $395.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $324.4M +18.8% | $273.1M +85.1% | $147.6M +73.6% | $85.0M +13.3% | $75.1M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 29.4% +2.4pp | 27.0% +5.9pp | 21.1% +5.1pp | 16.0% +0.0pp | 16.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $11.0M +16.8% | $9.4M +51.6% | $6.2M -10.7% | $7.0M +2.0% | $6.8M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $95.4M +12.4% | $84.9M +7.7% | $78.8M +11.3% | $70.8M +5.4% | $67.2M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $106.4M +12.8% | $94.3M +10.9% | $85.0M +9.3% | $77.8M +5.1% | $74.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $7.3M +5.7% | $6.9M -20.2% | $8.6M -8.4% | $9.4M -9.2% | $10.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | $240.8M +18.7% | $203.0M +161.7% | $77.6M +303.0% | $19.2M +65.1% | $11.7M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 21.8% +1.8pp | 20.0% +9.0pp | 11.1% +7.5pp | 3.6% +1.1pp | 2.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $217.9M +21.9% | $178.8M +185.9% | $62.5M +765.4% | $7.2M +608.9% | $1.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 19.7% +2.1pp | 17.7% +8.7pp | 8.9% +7.6pp | 1.4% +1.1pp | 0.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $15.7M -9.4% | $17.3M +169.3% | $6.4M +1825.1% | $334.0K +20.6% | $277.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 | $0 -100.0% | $204.0K | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $15.7M -9.4% | $17.3M +169.3% | $6.4M +145.5% | $2.6M +3487.7% | $73.0K | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $233.6M +19.1% | $196.1M +184.4% | $69.0M +600.5% | $9.8M +801.4% | $1.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 21.1% +1.8pp | 19.4% +9.5pp | 9.9% +8.0pp | 1.8% +1.6pp | 0.2% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $52.8M +14.2% | $46.2M +220.6% | $14.4M +470.4% | -$3.9M -944.7% | $461.0K | $1.3B | -$1.6B | $745.2M |
| Net Income | $180.7M +20.6% | $149.8M +174.8% | $54.5M +296.9% | $13.7M +2077.0% | $631.0K | $4.9B | $4.8B | $4.7B |
| Net Margin | 16.4% +1.6pp | 14.8% +7.0pp | 7.8% +5.2pp | 2.6% +2.4pp | 0.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $5 +19.7% | $4 +172.5% | $2 +295.7% | $0 +2052.1% | $0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $5 +20.9% | $4 +173.1% | $2 +291.3% | $0 +2049.5% | $0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $36.2M +0.7% | $35.9M +0.9% | $35.6M +0.7% | $35.4M +0.8% | $35.1M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $36.5M -0.2% | $36.6M +0.6% | $36.4M +1.5% | $35.8M +1.3% | $35.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

EnerSys
NYSE:ENS
$8.31B
Everus Construction Group, Inc.
NYSE:ECG
$7.87B

MSC Industrial Direct Co., Inc.
NYSE:MSM
$6.43B

Granite Construction Incorporated
NYSE:GVA
$6.27B

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
NASDAQ:OMAB
$5.38B

Alaska Air Group, Inc.
NYSE:ALK
$5.38B

The Brink's Company
NYSE:BCO
$4.01B

Hayward Holdings, Inc.
NYSE:HAYW
$3.16B

Maximus, Inc.
NYSE:MMS
$3.12B

Eos Energy Enterprises, Inc.
NASDAQ:EOSE
$1.98B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does POWL generate?
Powell Industries, Inc. (POWL) reported $1.10B of revenue in fiscal 2025.
Is POWL profitable?
Powell Industries, Inc. (POWL) reported $180.75M of net income, with a net margin of 16.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.