POWLPowell Industries, Inc.

$191.86+94% 1Y

Is the business good?

Good

A genuinely good business: earnings fully cash-backed (1.4×), margins widening, and elite returns on assets.

3 good, 1 neutral
Fundamental health (F-score)6 / 9SEC EDGAR · Sep 30, 2025

Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.

Profits arrive as cash1.45×derived · Jun 30, 2026

Operating profit is fully backed by cash. Conversion is improving vs a year ago.

Margin direction, 3 years+13.5 pts

Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.

Where ROE comes from16% ROA

High-quality, exceptional returns on the assets themselves, not leverage. ROE 27% = margin × turnover × leverage.

Unless marked, from derived.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

FCF conversionmiddle of the market

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is POWL?

Powell Industries, Inc. keeps 20% of every revenue dollar as operating profit, against 6.7% for the median Electrical Equipment & Parts name.

20%

Operating margin · Electrical Equipment & Parts median 6.7% · 12 months to Q3 2026

Cash conversion
1.45×

Cash conversion · 0.62× a year ago · operating cash flow covers the operating profit after tax

Share count, year on year
+0.22%

Share count, year on year · flat: no meaningful dilution

R&D as % of revenue
1.3%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY20203.7%
FY20210.22%
FY20221.4%
FY20238.9%
FY202418%
FY202520%
Details›
Gross margin12 months to Q3 2026
30%
Operating margin12 months to Q3 2026
20%
Net margin12 months to Q3 2026
16%
Free cash flow margin
21%
R&D as % of revenue
1.3%
Revenue, trailing twelve months
$1.16B
Free cash flow, trailing twelve months
$244M
Net income, trailing twelve months
$191M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.