15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 16.3% per year over the past 5 years.
Net income has grown faster than revenue (61.1% vs 16.3% per year).
Operating margin has expanded, at 19.7% in the latest year.
Free cash flow has grown 18.1% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 12 consecutive years, consuming 7.1% of earnings and 8.3% of free cash flow.
The dividend has grown 1.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.1B
$181M
29.4%
19.7%
28.2%
16.3%
$155M
—
$451M
2024
$1.0B
$150M
27.0%
17.7%
31.0%
16.1%
$97M
—
$315M
2023
$699M
$55M
21.1%
8.9%
15.8%
7.2%
$175M
—
$246M
2022
$533M
$14M
16.0%
1.4%
4.6%
2.8%
-$6M
$0
$102M
2021
$471M
$631000
16.0%
0.2%
0.2%
0.1%
-$33M
$400000
$114M
2020
$518M
$17M
18.2%
3.7%
5.4%
3.5%
$67M
$800000
$160M
2019
$517M
$10M
16.8%
2.2%
3.3%
2.1%
$65M
$1M
$119M
2018
$449M
-$7M
14.6%
-2.0%
-2.4%
-1.7%
-$33M
$2M
$37M
2017
$396M
-$9M
12.8%
-4.9%
-3.0%
-2.3%
$33M
$2M
$68M
2016
—
$16M
—
—
4.6%
3.4%
$72M
$2M
$98M
2015
—
$9M
—
—
2.8%
2.0%
—
$3M
$44M
2014
—
$29M
—
—
7.9%
5.4%
-$7M
$3M
$103M
2013
—
$42M
—
—
11.8%
7.9%
$17M
$4M
$107M
2012
—
$30M
—
—
9.6%
6.6%
-$35M
$4M
$90M
2011
—
-$3M
—
—
-1.0%
-0.6%
$8M
$4M
$123M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$312M
$52M
30.6%
20.6%
6.9%
3.7%
$94M
—
$634M
Mar '26
$297M
$46M
29.6%
19.4%
6.5%
3.9%
$49M
—
$538M
Dec '25
$251M
$41M
28.4%
17.0%
6.2%
3.8%
$42M
—
$491M
Sep '25
$298M
$51M
31.4%
21.2%
8.0%
4.6%
$59M
—
$451M
Jun '25
$286M
$48M
30.7%
21.0%
8.1%
4.6%
$42M
—
$398M
Mar '25
$279M
$46M
29.9%
21.1%
8.6%
4.8%
$18M
—
$360M
Dec '24
$241M
$35M
24.7%
14.7%
7.0%
3.8%
$35M
—
$326M
Sep '24
$275M
$46M
29.2%
20.4%
9.5%
5.0%
-$14M
—
$315M
Jun '24
$288M
$46M
28.4%
19.9%
10.6%
5.3%
$12M
—
$332M
Mar '24
$255M
$33M
24.6%
15.5%
8.5%
3.9%
$16M
—
$323M
Dec '23
$194M
$24M
24.8%
13.3%
6.6%
3.0%
$83M
—
$321M
Sep '23
$209M
$26M
24.9%
14.3%
7.7%
3.5%
$73M
—
$246M
Jun '23
$192M
$18M
22.2%
11.2%
5.7%
2.7%
$49M
—
$183M
Mar '23
$171M
$8M
19.5%
5.9%
2.8%
1.4%
$55M
—
$152M
Dec '22
$127M
$1M
15.3%
0.9%
0.4%
0.2%
-$3M
—
$100M
Sep '22
$163M
$9M
20.6%
6.4%
2.9%
1.8%
$24M
$0
$102M
Jun '22
$135M
$9M
14.1%
0.6%
3.1%
2.0%
-$15M
$0
$76M
Mar '22
$128M
-$1M
14.9%
0.2%
-0.4%
-0.3%
$14M
$0
$86M
Dec '21
$107M
-$3M
12.6%
-4.0%
-1.0%
-0.7%
-$28M
$0
$78M
Sep '21
$129M
$3M
17.4%
3.0%
1.1%
0.7%
$9M
$400000
$114M
Valuation over time
How the market has priced POWL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 37.6× (Mar '23) to 31.0× (Nov '26).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 5.1× (Nov '26).
The dividend yield has fallen from 2.4% (Mar '23) to 0.2% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is POWL growing its revenue and profit?
Over the past 5 years, Powell Industries's revenue has grown 16.3% per year, and net income grown 61.1% per year. These are computed facts, not advice.
How much debt does POWL have?
As of FY2025, Powell Industries reported — of total debt against $451M of cash.
What is POWL's profit margin?
In FY2025, gross margin was 29.4%, operating margin 19.7%, and net margin 16.4%.
What is POWL's P/E ratio?
Powell Industries's P/E (TTM) is 29.39 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the POWL stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 31.0× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.