POWL
Powell Industries, Inc.
POWL's fundamentals are strong: it turned 21% of its revenue into free cash flow and free cash flow more than tripled. At 27x earnings, it's trading in line with its usual 26x. Analysts expect strong earnings growth, though they disagree widely on how much.
POWL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
POWL's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
POWL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $83.03 | -41% |
| Forward | 21x | $142 | — |
| Fair | 26x | $135 | -4.6% |
| Current | 27x | $142 | — |
| Expensive | 51x | $266 | +87% |
Historical ranges are pointers, not guarantees.
POWL's PE is in its fair range at 27x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
POWL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for POWL, with profitability improving. However, they disagree widely on these estimates.
POWL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.71 | +29% |
| Q2 2026 | $5.21 | +8.5% |
| Q1 2026 | $5.11 | +7.8% |
| Q4 2025 | $5.13 | +17% |
| Q3 2025 | $4.95 | +21% |
| Q2 2025 | $4.80 | +35% |
| Q1 2025 | $4.74 | +69% |
| Q4 2024 | $4.39 | +107% |
| Q3 2024 | $4.10 | +173% |
POWL's earnings per share have climbed steadily: $5.21 over the past year, up 8.5% from the year before, and higher year over year for 17 quarters in a row.
POWL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $311.7M | +8.9% |
| Q1 2026 | $296.6M | +6.5% |
| Q4 2025 | $251.2M | +4% |
| Q3 2025 | $298M | +8.3% |
| Q2 2025 | $286.3M | -0.7% |
| Q1 2025 | $278.6M | +9.2% |
| Q4 2024 | $241.4M | +24% |
| Q3 2024 | $275.1M | +32% |
POWL's revenue has grown year over year for four quarters in a row: $312M last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 21% | -0.4 points |
| Q1 2026 | 19% | -1.7 points |
| Q4 2025 | 17% | +2.3 points |
| Q3 2025 | 21% | +0.8 points |
| Q2 2025 | 21% | +1.1 points |
| Q1 2025 | 21% | +5.7 points |
| Q4 2024 | 15% | +1.4 points |
| Q3 2024 | 20% | +6.1 points |
POWL's operating margin was 21% last quarter, about level with the same quarter a year ago.
POWL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $93.7M | +122% |
| Q1 2026 | $49.3M | +169% |
| Q4 2025 | $41.6M | +19% |
| Q3 2025 | $59.3M | +$73.8M |
| Q2 2025 | $42.3M | +242% |
| Q1 2025 | $18.3M | +14% |
| Q4 2024 | $34.9M | -58% |
| Q3 2024 | -$14.4M | -120% |
POWL generated $244M in free cash flow over the past year, about three times what it generated the year before.
POWL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +20K shares |
| 1 year | +0.2% | +79K shares |
| 3 years | +0.5% | +184K shares |
| 5 years | +4.1% | +1.4M shares |
| Available history | +4.9% | +1.7M shares |
POWL has 37M diluted shares, about the same as a year ago.
POWL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.7x | Net Cash |
| Q1 2026 | -2.3x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -2.0x | Net Cash |
| Q2 2025 | -1.8x | Net Cash |
| Q1 2025 | -1.7x | Net Cash |
| Q4 2024 | -1.7x | Net Cash |
| Q3 2024 | -1.7x | Net Cash |
POWL has more cash than debt.
POWL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.9 | Neutral |
| Stochastic | 15.7 | Oversold |
POWL's weekly RSI is 33 (neutral) and its Stochastic is 16 (oversold).
POWL PE vs Industrials Sector
| Metric | POWL | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 24x | 13% above |
| PE % | 56 | 58 | 2 pts below |
POWL is trading at 27x earnings, a 13% premium to the Industrials sector's median of 24x.
POWL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $165.6 | 14% below |
| 20 week MA | $191.5 | 26% below |
| 50 week MA | $197.6 | 28% below |
| 100 week MA | $138.4 | 2.4% above |
| 200 week MA | $89.4 | 59% above |
POWL has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 59% above its 200-week average.
POWL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.4 | $10.2 | -38% |
| 2021 | $10.2 | $9.84 | -3.4% |
| 2022 | $9.84 | $11.9 | +21% |
| 2023 | $11.9 | $29.5 | +148% |
| 2024 | $29.5 | $77.0 | +161% |
| 2025 | $77.0 | $113.6 | +48% |
| 2026 YTD | $113.6 | $141.8 | +25% |
POWL has finished higher in four of the last six years, two of them by more than 50%. It's up 25% so far in 2026.