POWL on Nasdaq

Powell Industries

Manufacturing company

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

$1.1BRevenue, fiscal 20255
$180.7MNet income, fiscal 20255

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  • TickerPOWL on Nasdaq1
  • IndustrySwitchgear & Switchboard Apparatus1
  • HeadquartersHouston1
  • Websitewww.powellind.com
  • Legal formDelaware corporation1
  • Incorporated inNV6
  • Business address8550 Mosley Dr, Post Office Box 12818, Houston, Tx 770756
  • Filer categoryLarge accelerated filer6
  • LEI549300V08RO7MX2UBN264
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 36931784

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

29.4%Gross margin5
19.7%Operating margin5
16.4%Net margin5
9.1%Revenue growth, 20255
28.2%Return on equity5
$154.8MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Oil and Gas Service brought in 37% of the revenue Powell Industries broke down this way in fiscal 2025.

  1. Oil and Gas Service$406.6M537%down 3% from 2024
  2. Electricity$279.0M525%up 50% from 2024
  3. Commercial and Other Industrial$178.2M516%up 19% from 2024
  4. Petrochemical$151.2M514%down 19% from 2024
  5. Other Customers$48.1M54%down 6% from 2024
  6. Light Rail Traction Power Customer$41.3M54%up 87% from 2024
Products and services by year
Products and services202320242025
Oil and Gas Service$273.1M$417.2M$406.6M
Electricity$158.4M$186.5M$279.0M
Commercial and Other Industrial$104.0M$149.9M$178.2M
Petrochemical$94.2M$185.6M$151.2M
Other Customers$41.5M$51.1M$48.1M
Light Rail Traction Power Customer$28.1M$22.0M$41.3M

Regions

United States brought in 80% of the revenue Powell Industries broke down this way in fiscal 2025.

  1. United States$880.2M580%up 4% from 2024
  2. Canada [member]$157.2M514%up 48% from 2024
  3. Middle East And Africa$27.4M52%up 104% from 2024
  4. Europe$25.1M52%down 20% from 2024
  5. Asia Pacific$9.3M51%up 36% from 2024
  6. Mexico, Central America And South America$5.1M50%down 33% from 2024
Regions by year
Regions202320242025
United States$557.9M$846.5M$880.2M
Canada [member]$84.1M$106.5M$157.2M
Middle East And Africa$15.0M$13.4M$27.4M
Europe$26.7M$31.4M$25.1M
Asia Pacific$6.2M$6.8M$9.3M
Mexico, Central America And South America$9.4M$7.6M$5.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue70¢$779.9M
  • Research and development1¢$11.0M
  • Selling, general and admin9¢$95.4M
  • Income tax5¢$52.8M
  • Profit16¢$180.7M

Out of $1.1B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending8¢$13.1M
  • Dividends paid8¢$12.9M
  • Kept or used elsewhere85¢$141.9M

Out of $167.9M of cash from operations.5

Financial statements

Revenue78910115$1.1B in 2025+146% since 2018
0$500.0M$1.0B$1.5B2018: $448.7M$448.7M20182019: $517.2M$517.2M2019+15%2020: $518.5M$518.5M2020+0%2021: $470.6M$470.6M2021−9%2022: $532.6M$532.6M2022+13%2023: $699.3M$699.3M2023+31%2024: $1.0B$1.0B2024+45%2025: $1.1B$1.1B2025+9%
Gross profit78910115$324.4M in 2025+396% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $65.4M$65.4M20182019: $87.0M$87.0M2019+33%2020: $94.6M$94.6M2020+9%2021: $75.1M$75.1M2021−21%2022: $85.0M$85.0M2022+13%2023: $147.6M$147.6M2023+74%2024: $273.1M$273.1M2024+85%2025: $324.4M$324.4M2025+19%
Operating income78910115$217.9M in 2025
-$100.0M0$100.0M$200.0M$300.0M2018: -$9.1M-$9.1M20182019: $11.5M$11.5M20192020: $19.1M$19.1M2020+66%2021: $1.0M$1.0M2021−95%2022: $7.2M$7.2M2022+609%2023: $62.5M$62.5M2023+765%2024: $178.8M$178.8M2024+186%2025: $217.9M$217.9M2025+22%
Net income78910115$180.7M in 2025
-$50.0M0$50.0M$100.0M$150.0M$200.0M2018: -$7.2M-$7.2M20182019: $9.9M$9.9M20192020: $16.7M$16.7M2020+68%2021: $631.0K$631.0K2021−96%2022: $13.7M$13.7M2022+2077%2023: $54.5M$54.5M2023+297%2024: $149.8M$149.8M2024+175%2025: $180.7M$180.7M2025+21%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.5

Period ending2025-09-302024-09-302023-09-30
Revenues$1.1B$1.0B$699.3M
Cost of goods sold$779.9M$739.3M$551.8M
Gross profit$324.4M$273.1M$147.6M
Selling, general and administrative expenses$95.4M$84.9M$78.8M
Research and development expenses$11.0M$9.4M$6.2M
Amortization of intangible assets$112.0K$0$0
Operating income$217.9M$178.8M$62.5M
Interest income, net-$15.7M-$17.3M-$6.4M
Income before income taxes$233.6M$196.1M$69.0M
Income tax provision$52.8M$46.2M$14.4M
Net income$180.7M$149.8M$54.5M
Basic (in dollars per share)$14.98$12.51$4.59
Diluted (in dollars per share)$14.86$12.29$4.50
Basic (in shares)12.1M shares12.0M shares11.9M shares
Diluted (in shares)12.2M shares12.2M shares12.1M shares
Dividends per share (in dollars per share)$1.07$1.06$1.05

Compare Powell Industries with another company

Leadership

Who has led Powell Industries, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (33)

Timeline

  1. Oct 4, 2016New chief executive Brett Alan Cope becomes CEO16
  2. Dec 11, 2008New chief executive Patrick L. McDonald becomes CEO17
  3. Feb 11, 2004Founded Powell Industries is founded4
  4. Mar 26, 1990Went public Listed on NASDAQ1

Filings

348 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 200 insider forms, 18 large holders, 67 other. The latest 20:

  1. Oct 2, 20264 EDGAR
  2. Oct 2, 20264 EDGAR
  3. Oct 2, 20264 EDGAR
  4. Oct 2, 20264 EDGAR
  5. Oct 2, 20264 EDGAR
  6. Oct 2, 20264 EDGAR
  7. Oct 2, 20264 EDGAR
  8. Oct 2, 20264 EDGAR
  9. Oct 2, 20264 EDGAR
  10. Oct 2, 20264 EDGAR
  11. Aug 17, 20264 EDGAR
  12. Aug 14, 2026144 EDGAR
  13. Aug 14, 20264 EDGAR
  14. Aug 13, 2026144 EDGAR
  15. Aug 4, 202610-Q EDGAR
  16. Aug 3, 20268-K EDGAR
  17. Jul 30, 2026SCHEDULE 13G/A EDGAR
  18. Jul 29, 2026SCHEDULE 13G/A EDGAR
  19. Jul 10, 20264 EDGAR
  20. Jul 9, 2026144 EDGAR

The 348 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

93 open-market trades by officers, directors and large owners since October 2021: 4 buys and 89 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 30, 2026Mauney William Marshall JrVice President, R&DSale301$187.67$56.5KForm 4
Sep 30, 2026COPE BRETT ALANPresident & CEOSale4,799$187.67$900.6KForm 4
Aug 14, 2026Williams Richard EDirectorSale2,250$203.05$456.9KForm 4
Aug 13, 2026COPE BRETT ALANPresident & CEOSale4,500$207.01$931.5KForm 4
Jul 9, 2026COPE BRETT ALANPresident & CEOSale4,440$241.55$1.1MForm 4
Jul 1, 2026COPE BRETT ALANPresident & CEOSale36,000$0.01$360Form 4
Jun 30, 2026METCALF MICHAEL WILLIAMExec Vice PresidentSale4,500$284.64$1.3MForm 4
Jun 25, 2026POWELL THOMAS W10% ownerSale33,958$294.49$10.0MForm 4
Jun 11, 2026COPE BRETT ALANPresident & CEOSale4,440$272.64$1.2MForm 4
May 28, 2026Singh MohitDirectorSale1,350$293.21$395.8KForm 4
May 14, 2026COPE BRETT ALANPresident & CEOSale4,440$301.00$1.3MForm 4
May 14, 2026Williams Richard EDirectorSale5,250$299.19$1.6MForm 4
May 11, 2026Mauney William Marshall JrVice President, R&DSale2,500$323.69$809.2KForm 4
Apr 9, 2026COPE BRETT ALANPresident & CEOSale4,440$233.96$1.0MForm 4
Mar 31, 2026METCALF MICHAEL WILLIAMExec Vice PresidentSale3,000$528.00$1.6MForm 4
Mar 19, 2026POWELL THOMAS W10% ownerSale49,778$502.23$25.0MForm 4
Mar 12, 2026COPE BRETT ALANPresident & CEOSale1,480$504.80$747.1KForm 4
Feb 25, 2026POWELL THOMAS W10% ownerSale318$560.37$178.2KForm 4
Feb 24, 2026POWELL THOMAS W10% ownerSale1,159$561.44$650.7KForm 4
Feb 13, 2026POWELL THOMAS W10% ownerSale120$600.06$72.0KForm 4

All 93 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.3,608,659$1.0B0.0%+2,202,586
Vanguard Portfolio Management LLC1,557,700$446.1M0.0%+1,174,101
First Trust Advisors LP1,426,981$408.6M0.2%+910,430
Vanguard Capital Management LLC1,282,082$367.1M0.0%+857,473
Dimensional Fund Advisors LP974,940$279.2M0.1%+651,345
State Street Corp955,989$273.8M0.0%+593,552
Invesco Ltd.769,537$220.4M0.0%+527,729
Morgan Stanley768,106$220.0M0.0%+496,110
Fisher Asset Management, LLC731,619$209.5M0.1%+474,704
Geode Capital Management, LLC668,799$191.6M0.0%+425,942
Jane Street Group, LLC562,655$161.1M0.1%+408,254
Jacobs Levy Equity Management, Inc441,456$126.4M0.5%+317,516
Federated Hermes, Inc.375,292$107.5M0.2%+218,540
UBS Group AG367,666$105.3M0.0%+221,524
Jupiter Topco LLC327,667$93.8M0.0%New
Goldman Sachs Group Inc308,450$88.3M0.0%+181,995
Rockefeller Capital Management L.P.297,517$85.2M0.1%+197,600
Capital World Investors295,225$84.5M0.0%+199,378
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.292,087$83.6M0.1%+198,447
Tidal Investments LLC282,483$80.9M0.2%+194,840
Tema ETFs LLC268,692$76.9M2.5%+184,010
Bnp Paribas Financial Markets263,908$75.6M0.0%+221,718
Tcw Group Inc252,633$72.3M0.5%+187,269
Envestnet Asset Management Inc247,010$70.7M0.0%+158,783
Charles Schwab Investment Management Inc223,352$64.0M0.0%+129,600

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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