MARKETS / NASDAQ / POWL

NASDAQ · SWITCHGEAR & SWITCHBOARD APPARATUS · LARGE CAP

Powell Industries Inc. POWL

17 fiscal years on record · USD · FY2025 reported · SEC filings only

3 YEARS OF DIVIDEND GROWTH

Revenue

$1.1B

▲ 9.1% YoY

Net income

$180.7M

▲ 20.6% YoY

Free cash flow

$154.8M

▲ 60.1% YoY

In brief

What this company does

Powell Industries, Inc. 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. Its principal products include integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. The Company is headquartered in Houston, Texas, and primarily serves the oil and gas and petrochemical markets, the electric utility market, and commercial and other industrial markets. Its major subsidiaries, all wholly owned, include Powell Electrical Systems, Inc., Powell Canada, Inc., Powell (UK) Limited, and Powell Industries International Limited. At September 30, 2025, the Company had 3,143 full-time employees and 315 contract employees located primarily in the United States, Canada and the United Kingdom. Its backlog at September 30, 2025 was $1.4 billion. Powell Industries, Inc. is a Delaware corporation founded by William E. Powell in 1947.

Written from the business description in POWELL INDUSTRIES INC's annual report to the U.S. Securities and Exchange Commission, filed 19 November 2025. Every sentence was checked against that document before publication.

Growth

USD 1.1B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.1 · Net income 0.2

Compound annual growth

Revenue

+27.5%

+16.3%

+5.3%

+4.7%

Net income

+136.1%

+61.1%

+34.3%

+14.1%

EPS, diluted

+134.7%

+59.9%

+34.1%

+13.8%

Dividend / share

+0.9%

+0.5%

+0.3%

Returned to shareholders

+1.7%

+1.3%

−9.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +16.3% a year over five years — but profit grew faster: net income at +61.1%, earnings per share at +59.9%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

16 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 19.7% · Net 16.4%

ROE

FY2025 · ROE 32.2%

Gross margin29.4%

Operating margin19.7%

Net margin16.4%

Return on assets17.7%

EBITDAUSD 225.1M

Each USD of equity produced 32 cents of profit this year.

Cash & shareholders

USD 12.9M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 154.8

Net buybacks $M Dividends $M

FY2025 · Dividends 12.9 · Net buybacks —

Dividends paidUSD 12.9M

Net buybacks—

Share of profit7.1%

Consecutive raises3 years

USD 12.9M in dividends — 7% of the year's profit went back to shareholders.

Total assetsUSD 1.1B

EquityUSD 640.8M

CashUSD 450.7M

Current ratio2.09×

Equity funds 58% of total assets.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	1.1	1.0	0.7	0.5	0.5	0.5	0.5	0.4	0.4	0.6	0.7	0.6	0.6	0.7	0.6	0.6	·
Operating income $B	0.2	0.2	0.1	0.0	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1
EBITDA $B	0.2	0.2	0.1	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.1	0.1	0.0	0.1	0.1
Income tax $B	0.1	0.0	0.0	−0.0	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.2	0.1	0.1	0.0	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0
Free cash flow $B	0.2	0.1	0.2	−0.0	−0.0	0.1	0.1	−0.0	0.0	0.1	−0.0	−0.0	0.0	−0.0	0.0	0.1	0.1
EPS, diluted $	14.86	12.29	4.50	1.15	0.05	1.42	0.85	−0.62	−0.83	1.36	0.79	2.42	3.51	2.49	−0.23	2.14	3.43
Dividend / sh $	1.07	1.06	1.05	1.04	1.04	1.04	1.04	1.04	1.04	1.04	1.04	1.00	·	·	·	·	·
Payout %	7	8	23	89	1924	72	121	−167	−125	76	131	41	·	·	·	·	·
ROE %	32.2	36.2	17.0	4.6	0.2	5.5	3.3	−2.3	−2.9	4.6	2.7	8.0	12.6	10.1	−1.0	9.5	16.1
Shares out B	0.01	0.01	0.01	0.01	·	·	·	·	·	·	0.01	0.01	0.01	0.01	0.01	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 76 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 19 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivitySwitchgear & Switchboard Apparatus

Listed onNASDAQ

Incorporated inNevada

Fiscal year endsSeptember 30

Data on record since2009