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Powell Industries Reports Record Profits
20 Nov
Summary
- Powell Industries achieved record quarterly gross profit margin of 31.4%.
- The company reported a record quarterly earnings per share of $4.22.
- Full-year revenue increased by 9% to $1.1 billion.
Powell Industries has reported impressive financial performance for the fourth quarter and full fiscal year 2025, highlighted by record-breaking metrics.
The company achieved a record quarterly gross profit margin of 31.4%, surpassing prior year performance by 215 basis points. This, coupled with a revenue increase of 8% to $298 million, led to a record quarterly earnings per share of $4.22. Operating cash flow was strong at $61 million, and the company ended the fiscal year with a substantial backlog of $1.4 billion.
For the full fiscal year 2025, Powell Industries generated $1.1 billion in revenue, a 9% increase from fiscal 2024. Net income also rose significantly to $180.7 million, or $14.86 per diluted share. The company strengthened its balance sheet, ending the year with $476 million in cash and equivalents and maintaining zero debt. The strategic acquisition of Remsdaq further enhances its electrical automation capabilities.
