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POWELL INDUSTRIES INC
CIK 80420Updated Sep 25, 2026
SecurityPOWL · NASDAQ · equity
POWL price & chart
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NASDAQ:POWL on TradingView ↗About the company
Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment. Powell Industries, Inc. primarily serves the oil and gas and petrochemical markets, the electric utility market, and commercial and other industrial markets. Beyond these major markets, we also provide products and services to the light rail traction power market and other markets that include universities and government entities. We are continuously developing new channels to electrical markets through original equipment manufacturers and distribution market channels. For more information, please visit powellind.com.
In the news
Powell Industries Announces Third Quarter Fiscal 2026 Results ↗
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,108,984,000Source | 928,180,000Source | 752,242,000Source | 493,380,000Source |
| Property, Plant and Equipment, NetUSD | 111,049,000Source | 103,421,000Source | 97,625,000Source | 98,628,000Source |
| GoodwillUSD | 6,125,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 6,138,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 450,739,000Source | 315,331,000Source | 245,875,000Source | 101,954,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 217,065,000Source | 214,405,000Source | 206,591,000Source | 106,111,000Source |
| Inventory, NetUSD | 84,719,000Source | 85,873,000Source | 63,865,000Source | 50,415,000Source |
| Assets, CurrentUSD | 931,716,000Source | 776,481,000Source | 621,985,000Source | 369,983,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,664,000Source | 1,216,000Source | 1,436,000Source | 2,179,000Source |
| Other Assets, NoncurrentUSD | 18,852,000Source | 18,313,000Source | 13,129,000Source | 12,426,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 468,214,000Source | 445,107,000Source | 407,216,000Source | 196,174,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 629,848,000Source | 462,194,000Source | 325,281,000Source | 283,638,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -27,042,000Source | -24,361,000Source | -26,909,000Source | -28,998,000Source |
| Stockholders' Equity Attributable to ParentUSD | 640,770,000Source | 483,073,000Source | 345,026,000Source | 297,206,000Source |
| Additional Paid in Capital, Common StockUSD | 62,834,000Source | 70,111,000Source | 71,526,000Source | 67,439,000Source |
| Liabilities and EquityUSD | 1,108,984,000Source | 928,180,000Source | 752,242,000Source | 493,380,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 446,387,000Source | 428,015,000Source | 395,686,000Source | 186,373,000Source |
| Operating Lease, Liability, CurrentUSD | 882,000Source | 595,000Source | 773,000Source | 1,777,000Source |
| Accounts Payable, CurrentUSD | 67,080,000Source | 73,633,000Source | 56,666,000Source | 63,423,000Source |
| Operating Lease, Liability, NoncurrentUSD | 782,000Source | 621,000Source | 663,000Source | 545,000Source |
| Deferred Income Tax Liabilities, NetUSD | 5,297,000Source | 2,708,000Source | — | — |
| Other Liabilities, NoncurrentUSD | 2,041,000Source | 1,736,000Source | 1,722,000Source | 1,507,000Source |
| Additional Financial Items | ||||
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 0Source |
| Long-term Debt, Current MaturitiesUSD | — | — | — | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 0Source |
| Short-term InvestmentsUSD | 24,788,000Source | 43,061,000Source | 33,134,000Source | 14,554,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 7,265,000Source | — | 8,606,000Source | 9,358,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 4,635,000Source | 4,747,000Source | 4,599,000Source | 4,090,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 2,435,000Source | 7,309,000Source | 99,718,000Source | 31,629,000Source |
| Increase (Decrease) in InventoriesUSD | -2,976,000Source | 21,818,000Source | 13,276,000Source | 21,426,000Source |
| Increase (Decrease) in Accounts PayableUSD | -7,491,000Source | 16,346,000Source | -6,167,000Source | 18,594,000Source |
| Deferred Income Tax Expense (Benefit)USD | -4,868,000Source | -7,474,000Source | -7,847,000Source | -4,861,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 167,937,000Source | 108,661,000Source | 182,553,000Source | -3,582,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 11,488,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -8,342,000Source | -21,874,000Source | -26,574,000Source | 6,465,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 13,149,000Source | 11,983,000Source | 7,819,000Source | 2,451,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 12,248,000Source | 6,599,000Source | 652,000Source | 675,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -25,117,000Source | -19,252,000Source | -13,059,000Source | -13,308,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 12,869,000Source | 12,653,000Source | 12,407,000Source | 12,233,000Source |
| Repayments of Long-term DebtUSD | — | 0Source | 0Source | 400,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 450,739,000Source | 315,331,000Source | 245,875,000Source | 101,954,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 56,133,000Source | 50,919,000Source | 17,232,000Source | 533,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 930,000Source | 1,921,000Source | 1,001,000Source | -1,935,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 112,000Source | — | 0Source | 0Source |
| DepreciationUSD | 7,200,000Source | 6,871,000Source | 8,600,000Source | 9,400,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | 0Source | 0Source | 2,006,000Source |
| GoodwillUSD | 6,125,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 52,803,000Source | 46,240,000Source | 14,425,000Source | -3,894,000Source |
| Investment Income, InterestUSD | — | — | 6,430,000Source | 334,000Source |
| Net Income (Loss) Attributable to ParentUSD | 180,747,000Source | 149,848,000Source | 54,525,000Source | 13,737,000Source |
| Other Nonoperating Income (Expense)USD | — | 0Source | 0Source | 2,285,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,104,318,000Source | 1,012,356,000Source | 699,308,000Source | 532,582,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | 234,000Source | 326,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,104,318,000Source | 1,012,356,000Source | 699,308,000Source | 532,582,000Source |
| Cost of RevenueUSD | 779,937,000Source | 739,268,000Source | 551,755,000Source | 447,564,000Source |
| Selling, General and Administrative ExpenseUSD | 95,401,000Source | 84,888,000Source | 78,813,000Source | 70,831,000Source |
| Operating Income (Loss)USD | 217,860,000Source | 178,773,000Source | 62,520,000Source | 7,224,000Source |
| Other Nonoperating Income (Expense)USD | — | 0Source | 0Source | 2,285,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 233,550,000Source | 196,088,000Source | 68,950,000Source | 9,843,000Source |
| Income Tax Expense (Benefit)USD | 52,803,000Source | 46,240,000Source | 14,425,000Source | -3,894,000Source |
| Net Income (Loss) Attributable to ParentUSD | 180,747,000Source | 149,848,000Source | 54,525,000Source | 13,737,000Source |
| Earnings Per Share, BasicUSD per share | 14.98Source | 12.51Source | 4.59Source | 1.16Source |
| Earnings Per Share, DilutedUSD per share | 14.86Source | 12.29Source | 4.5Source | 1.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 12,062,000Source | 11,982,000Source | 11,879,000Source | 11,797,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 12,167,000Source | 12,188,000Source | 12,120,000Source | 11,943,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 112,000Source | — | 0Source | 0Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.07Source | 1.06Source | 1.05Source | 1.04Source |
| Current Income Tax Expense (Benefit)USD | 57,671,000Source | 53,714,000Source | 22,272,000Source | 967,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 324,381,000Source | 273,088,000Source | 147,553,000Source | 85,018,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 193,656,000Source | 167,887,000Source | 56,923,000Source | 3,175,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 15,690,000Source | 17,315,000Source | — | — |
| Investment Income, InterestUSD | — | — | 6,430,000Source | 334,000Source |
| Other ExpensesUSD | 300,000Source | — | — | — |
| Research and Development ExpenseUSD | 11,008,000Source | 9,427,000Source | 6,220,000Source | 6,963,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,104,318,000Source | 1,012,356,000Source | 699,308,000Source | 532,582,000Source |
Filing attachments
ex991-powlq3xfy2026earning.htm · 8-K · 2026-08-03
EX-99.1 2 ex991-powlq3xfy2026earning.htm EX-99.1 Document Exhibit 99.1 PRESS RELEASE For Immediate Release Contacts: Michael W. Metcalf, CFO ───────────────────────────────────────────────────────────────────── Powell Industries, Inc. 713-947-4422 Robert Winters Alpha IR Group …
Read attachment ↗ex992-powlq3xfy2026dividen.htm · 8-K · 2026-08-03
EX-99.2 3 ex992-powlq3xfy2026dividen.htm EX-99.2 Document Exhibit 99.2 PRESS RELEASE For Immediate Release Contact: Michael Metcalf, CFO ──────────────────────────────────────────────────────────────────── Powell Industries, Inc. 713-947-4422 Robert Winters Alpha IR Group …
Read attachment ↗ex991-powlq2xfy2026dividen.htm · 8-K · 2026-05-05
EX-99.1 2 ex991-powlq2xfy2026dividen.htm EX-99.1 Document Exhibit 99.1 PRESS RELEASE For Immediate Release Contact: Michael Metcalf, CFO ─────────────────────────────────────────────────────────────────────────── Powell Industries, Inc. 713-947-4422 Robert Winters or Ryan Coleman Alpha IR Group …
Read attachment ↗ex991-powlq1xfy2026earning.htm · 8-K · 2026-02-03
EX-99.1 2 ex991-powlq1xfy2026earning.htm EX-99.1 Document Exhibit 99.1 PRESS RELEASE For Immediate Release Contact: Michael Metcalf, CFO ─────────────────────────────────────────────────────────────────────────── Powell Industries, Inc. 713-947-4422 Robert Winters or Ryan Coleman Alpha IR Group …
Read attachment ↗ex992-powlq1xfy2026dividen.htm · 8-K · 2026-02-03
EX-99.2 3 ex992-powlq1xfy2026dividen.htm EX-99.2 Document Exhibit 99.2 PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Michael Metcalf, CFO ─────────────────────────────────────────────────────────────────────────── Powell Industries, Inc. 713-947-4422 Robert Winters or Ryan Coleman Alpha IR Group …
Read attachment ↗ex991-powlq2xfy2025earning.htm · 8-K · 2025-05-06
EX-99.1 2 ex991-powlq2xfy2025earning.htm EX-99.1 Document Exhibit 99.1 PRESS RELEASE For Immediate Release Contact: Michael Metcalf, CFO ─────────────────────────────────────────────────────────────────────────── Powell Industries, Inc. 713-947-4422 Robert Winters or Ryan Coleman Alpha IR Group …
Read attachment ↗