Powell Industries, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.01B | $699.3M | $532.6M | $470.6M | $518.5M | $517.2M | $448.7M |
| Cost of Revenue | $779.9M | $739.3M | $551.8M | $447.6M | $395.5M | $423.9M | $430.2M | $383.4M |
| Gross Profit | $324.4M | $273.1M | $147.6M | $85.0M | $75.1M | $94.6M | $87.0M | $65.4M |
| Gross Margin | 29.4% | 27.0% | 21.1% | 16.0% | 16.0% | 18.2% | 16.8% | 14.6% |
| Operating Expenses | ||||||||
| Research & Development | $11.0M | $9.4M | $6.2M | $7.0M | $6.7M | $6.3M | $6.3M | $6.7M |
| SG&A Expense | $95.4M | $84.9M | $78.8M | $70.8M | $67.2M | $67.7M | $70.0M | $66.8M |
| Operating Income | $217.9M | $178.8M | $62.5M | $7.2M | $1.0M | $19.1M | $11.5M | $-9.1M |
| Operating Margin | 19.7% | 17.7% | 8.9% | 1.4% | 0.2% | 3.7% | 2.2% | -2.0% |
| Interest Expense | — | — | — | — | $204.0K | $228.0K | $230.0K | $207.0K |
| Pretax Income | $233.6M | $196.1M | $69.0M | $9.8M | $1.1M | $20.3M | $12.3M | $-7.7M |
| Income Tax Expense | $52.8M | $46.2M | $14.4M | $-3.9M | $461.0K | $3.7M | $2.4M | $-547.0K |
| Net Income | $180.7M | $149.8M | $54.5M | $13.7M | $631.0K | $16.7M | $9.9M | $-7.2M |
| Net Margin | 16.4% | 14.8% | 7.8% | 2.6% | 0.1% | 3.2% | 1.9% | -1.6% |
| EPS (Basic) | $14.98 | $12.51 | $4.59 | $1.16 | $0.05 | $1.43 | $0.85 | $-0.62 |
| EPS (Diluted) | $14.86 | $12.29 | $4.50 | $1.15 | $0.05 | $1.42 | $0.85 | $-0.62 |
| Shares Outstanding (Basic) | 12.1M | 12.0M | 11.9M | 11.8M | 11.7M | 11.6M | 11.6M | 11.5M |
| Shares Outstanding (Diluted) | 12.2M | 12.2M | 12.1M | 11.9M | 11.8M | 11.7M | 11.6M | 11.5M |
| Dividends Per Share | $1.07 | $1.06 | $1.05 | $1.04 | $1.04 | $1.04 | $1.04 | $1.04 |