Powell Industries
Engineers custom switchgear, power control rooms and automation systems for industrial power distribution.
Something off on this page? Send us feedback.
Profile
Engineers and manufactures custom power control rooms, E-Houses, switchgear, circuit breakers and automation systems for oil and gas, utilities, data centers and other industrial sites. Revenue comes largely from complex, fixed-price projects tailored to end users or engineering contractors.
Designs, manufactures and services custom-engineered systems that distribute, control and monitor electrical power. Core offerings include integrated power control rooms, E-Houses, switchgear, medium-voltage circuit breakers, motor control centers, bus duct and monitoring and automation systems; Remsdaq adds SCADA remote terminal units for substations.
Serves oil and gas facilities, including LNG, petrochemical plants, electric utilities, data centers and other industrial sites, with additional work in light-rail traction power. Business is concentrated in the United States, while operations in Canada and the United Kingdom support international work. Application engineering, project management and systems integration combine components into customer-specific packages.
Revenue comes primarily from long-term fixed-price contracts recognized over time. Large, complex projects are often nonrecurring, so award timing, execution costs and customer capital spending shape results.
Company facts
Key statistics
Year to date +55.5% · Average volume (30d) 644.3K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 14, 2026 | Cantor Fitzgerald | Reiterate | Neutral | $427 | $235 |
| May 6, 2026 | Roth Capital | Target | $285 | $333 | |
| Apr 29, 2026 | Roth Capital | Target | $585 | $285 | |
| Feb 5, 2026 | Roth Capital | Target | $450 | $585 | |
| Jan 23, 2026 | Cantor Fitzgerald | Target | $427 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 3, 2026Q3 FY26 | $1.47 | $1.42 | −3.4% | $316.7M | $311.7M | −1.6% | −3.80% |
| May 4, 2026Q2 FY26 | $1.34 | $1.25 | −6.7% | $298.1M | $296.6M | −0.5% | +9.16% |
| Feb 3, 2026Q1 FY26 | $0.95 | $1.13 | +18.9% | $256.5M | $251.2M | −2.1% | +16.34% |
| Nov 18, 2025Q4 FY25 | $3.78 | $4.22 | +11.6% | $291.5M | $298.0M | +2.2% | −11.30% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $278.6M | $286.3M | $298.0M | $251.2M | $296.6M | $311.7M | |
| Gross profit | $83.4M | $87.9M | $93.5M | $71.4M | $87.9M | $95.3M | |
| Operating income | $58.9M | $60.1M | $63.2M | $42.8M | $57.6M | $64.1M | |
| Net income | $46.3M | $48.2M | $51.4M | $41.4M | $45.9M | $52.2M | |
| Diluted EPS | $1.27 | $1.32 | $1.41 | $1.13 | $1.26 | $1.42 | |
| Gross margin | 29.9% | 30.7% | 31.4% | 28.4% | 29.6% | 30.6% | |
| Operating margin | 21.1% | 21.0% | 21.2% | 17.0% | 19.4% | 20.6% |
Fiscal years (4-quarter sums)FY21 $470.6M · FY22 $532.6M · FY23 $699.3M · FY24 $1.01B · FY25 $1.10B
Revenue by product · Q3 FY26
Revenue by geography · Q3 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $633.6M · Total debt $2.5M · Total assets $1.41B · Shareholders' equity $756.2M
Dividends
Raised for 2 straight years — most recently to $0.27 from $0.2675 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 19, 2026 | Aug 19 | Sep 16 | $0.09 | |
| May 20, 2026 | May 20 | Jun 17 | $0.09 | |
| Feb 18, 2026 | Feb 18 | Mar 18 | $0.27 | raised from $0.2675 |
| Nov 19, 2025 | Nov 19 | Dec 17 | $0.2675 | |
| Aug 20, 2025 | Aug 20 | Sep 17 | $0.2675 | |
| May 21, 2025 | May 21 | Jun 18 | $0.2675 | |
| Feb 19, 2025 | Feb 19 | Mar 19 | $0.2675 | raised from $0.265 |
| Nov 20, 2024 | Nov 20 | Dec 18 | $0.265 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 36.43M · Float 28.85M · 79.2% free float
A split settled inside the quarter being compared, so quarter-on-quarter change is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.61M | 9.91% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management LLC | 1.56M | 4.28% | 13F | Aug 13, 2026 |
| First Trust Advisors LP | 1.43M | 3.92% | 13F | Aug 11, 2026 |
| Vanguard Capital Management LLC | 1.28M | 3.52% | 13F | Aug 13, 2026 |
| Dimensional Fund Advisors LP | 974.9K | 2.68% | 13F | Aug 11, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | Richard E. Williams | director | −2,250 | $203.05 |
| Aug 13, 2026 | Brett Alan Cope | director, officer: President & CEO | −4,500 | $207.01 |
| Jul 9, 2026 | Brett Alan Cope | director, officer: President & CEO | −4,440 | $241.55 |
| Jul 1, 2026 | Brett Alan Cope | director, officer: President & CEO | −36,000 | $0.0100 |
| Jun 30, 2026 | Michael William Metcalf | officer: Exec Vice President | −4,500 | $284.64 |
Peers
- Eaton
Broadest North American rival: switchgear, MCCs, e-Houses, data-center power.
- GE Vernova
GE's grid spinoff; HV/MV switchgear and digital substation overlap.
- nVent Electric
Enclosures-to-switchgear specialist; Avail deal adds bus and switchgear overlap.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Powell Industries | $185.00 | +1.24% | $6.66B | 35.0 | 29.8 | 5.8 | +8.9% |
| Eaton | $403.75 | +0.23% | $156.40B | 41.0 | 26.9 | 5.2 | +21.4% |
| GE Vernova | $914.10 | +0.30% | $242.88B | 26.2 | 43.5 | 5.9 | +21.9% |
| nVent Electric | $148.53 | +0.01% | $24.01B | 40.7 | 25.6 | 5.0 | +52.8% |
| Median | 40.7 | 26.9 | 5.2 | +21.9% |