POWL POWELL INDUSTRIES INC

Overview and Growth

In fiscal 2025, POWELL INDUSTRIES INC recorded $1.10B of revenue, net income of $180.75M, and an operating cash inflow of $167.94M. The $1.10B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $1.01B in fiscal 2024, revenue recorded a 9.1% year-over-year increase. The company reported diluted EPS of $4.95, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS increased by 20.9% from $4.10 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 1.0x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $324.38M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 29.4% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced $217.86M of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 19.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. After all reported below-operating-line items, the company recorded net income of $180.75M for the fiscal year. The final earnings result represented 16.4% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $233.55M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 21.1%, relating income before taxes directly to revenue. The reported income-tax provision was $52.80M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 22.6%, quantifying the portion of pre-tax earnings paid in income tax. Net income equaled 28.2% of period-end equity, showing the earnings generated on shareholders’ book capital. Return on period-end assets was 16.3%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

Total assets were $1.11B, supported by $468.21M of liabilities and $640.77M of shareholder equity. Current assets were $931.72M against $446.39M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 2.09x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $450.74M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 101.0% of current liabilities, showing how much near-term coverage came from cash alone. Liabilities represented 42.2% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 40.6%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 19.5% higher than fiscal 2024 assets of $928.18M, measuring the company’s own balance-sheet change. Book equity was 32.6% higher than fiscal 2024 equity of $483.07M, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

The company reported $167.94M of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 0.93x, comparing cash generated by operations with the bottom-line earnings result. The cash-flow statement records $13.15M of capital expenditures, the investment amount considered after operating cash generation. Capital expenditures represented 7.8% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $154.79M of positive free cash flow for the period. The free-cash-flow margin was 14.0%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 14.0%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Nov 4, 2026.