POWELL INDUSTRIES INC (POWL) FY2025 10-K Annual Report
POWELL INDUSTRIES INC (POWL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Nov 19, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.
POWELL INDUSTRIES INC FY2025 10-K Analysis
Business Overview
- • Core business model: manufacturing custom-engineered electrical products and systems, primarily long-term fixed-price contracts for power control room substations and related enclosures
- • New acquisition of Remsdaq completed for $10.6 million, expanding product and service offerings
- • Strategic emphasis on expanding production capacity with $12.4 million investment in Jacintoport facility, increasing yard capacity by 62%
- • Order backlog grew 3% to $1.4 billion, with electric utility and oil & gas markets each representing 33% of backlog
- • Cash, cash equivalents, and short-term investments increased 33% to $475.5 million, reflecting strong earnings and acquisition activity
Management Discussion & Analysis
- • Revenue and profitability data not disclosed in provided text
- • No segment performance information available
- • No cash flow, capital allocation, or buybacks details provided
- • Forward-looking statements caution with risk disclosures, no specific guidance shown
Risk Factors
- • Regulatory/legal risk: Compliance with U.S. Foreign Corrupt Practices Act and U.K. Bribery Act 2010 risks penalties, impacting international contract competitiveness
- • Geopolitical/macro risk: 20% of revenues from international operations exposed to political instability, trade restrictions, currency fluctuations
- • Operational/supply risk: Reliance on limited or single suppliers risks delays, financial difficulties, liquidated damages, or inability to meet delivery schedules
- • Competitive/market risk: Competitors adopting advanced AI, machine learning, and automation may render Powell’s products obsolete, threatening market position
- • Financial risk: Credit agreement requires net leverage ratio <3.0 and interest coverage >3.0; covenant breaches risk default, restricting dividends, financing, liquidity
POWELL INDUSTRIES INC FY2025 Key Financial MetricsXBRL
Revenue
$1.1B
▲ +9.1% YoY
Net Income
$181M
▲ +20.6% YoY
Gross Margin
29.4%
▲ +240bp YoY
Operating Margin
19.7%
▲ +207bp YoY
Net Margin
16.4%
▲ +157bp YoY
ROE
28.2%
▼ -281bp YoY
Total Assets
$1.1B
▲ +19.5% YoY
EPS (Diluted)
$14.86
▲ +20.9% YoY
Operating Cash Flow
$168M
▲ +54.6% YoY
Source: XBRL data from POWELL INDUSTRIES INC FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on POWELL INDUSTRIES INC
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.