Powell Industries, Inc.

How has the stock done?

Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.

Is the business growing?

In the fiscal year to Sep 2025, Oil and gas (excludes petrochemical) was 37% and Electric utility was 25% of revenue; Electric utility rose from 23% in the fiscal year to Sep 2023.

In the fiscal year to Sep 2025, United States was 80% and Canada was 14% of revenue; Canada rose from 12% in the fiscal year to Sep 2023.

Quarters: Powell Industries, Inc.'s SEC filings, named by the month they end. Fiscal years: Powell Industries, Inc.'s annual reports to the SEC.

How it makes money

Of every $100 in revenue, $16.4 ends up as net income. Net margin rose from 2.6% to 16.4% over the past 3 years.

Each margin is that line of the income statement divided by revenue. Fiscal year: Powell Industries, Inc.'s annual reports to the SEC; quarters: SEC filings.

How much work is already signed?

Customers had signed $2.4B of work Powell Industries has not yet delivered at the end of Jun 2026: 2.1 years of revenue at the last four quarters' pace. New orders over those four quarters were about 1.9× revenue, so the backlog grew.

Backlog: remaining performance obligations in Powell Industries, Inc.'s SEC filings, revenue under contract not yet delivered. Book-to-bill: the quarter's revenue plus the change in backlog, over the quarter's revenue.

Is it expensive?

P/E of 27.2x, in line with the peer median of 28x, with earnings still growing.

In line with the peer median of 28x.

At 27.2× trailing earnings POWL is inside the middle of its five-year range; the five-year median is 25.5×.

Closing price over diluted earnings per share of the last four reported quarters, as known on each day (a quarter counts 35 days after it ends). From SEC filings; earnings per share adjusted for splits.

What analysts expect

The average analyst price target is $268, 89% above the current price; 50% of 4 analysts rate it a buy; earnings beat estimates in 2 of the last 4 quarters.

Buy or Strong Buy: 2 analysts (50%). Sell or Strong Sell: 0.

In the past three months targets were cut twice and never raised. No firm upgraded or downgraded it over the year.

The day after each of these reports the stock moved −10.2% (Sep 2025, beat); +19.7% (Dec 2025, beat); +7.0% (Mar 2026, missed); +1.3% (Jun 2026, missed).

For the quarter ending Sep 2026 (Powell Industries reports on Nov 16, 2026), analysts expect adjusted earnings of $1.57 a share, 12% more than the $1.41 of a year earlier, and revenue of $331M, up 11% on a year earlier. For the fiscal year ending Sep 2027, they expect adjusted earnings of $6.82 a share, 27% more than the year before's estimate of $5.37, and revenue of $1.5B, up 25% on the year before's estimate.

Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.

Where the cash goes

Generated $244M in free cash flow over the year, of which $13M went back to shareholders (dividends plus buybacks), leaving $231M in the company.

Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter.

Financial health

Current ratio 2.1, no pressure to repay short-term debt; debt-to-equity 0.0, debt is very low and the balance sheet is solid.

Latest fiscal year balance sheet. Source: Yahoo Finance.

Who holds it

In the filings of 4 funds whose copy leaves POWL out (on the exchange, not in the app yet): Polen Capital Management, Fisher Asset Management, Bridgewater Associates, Swiss National Bank.

What did the funds Hunch tracks do?

Of the 83 funds whose 13F filings Hunch reads, 6 held POWL at the end of their latest quarter (for most, Q2 2026). Over that quarter 3 added shares, 2 cut, 1 bought new and 1 sold all. The largest of them is Fisher Asset Management, 413,195 shares worth $76.2M at Sep 30, 2026, 43.5% fewer than a quarter earlier.

From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of POWL at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end.

Are insiders buying or selling?

Officers and directors sold $18.5M of POWL on the open market in the 12 months to Nov 12, 2026; none bought. 63% of the sales were made under 10b5-1 plans, set up in advance. The largest was Brett Alan Cope (President & CEO; director), who sold $7.2M in 8 sales.

From the Form 4s filed with the SEC about Powell Industries, Inc. (53 in the 12 months): purchases (code P) and sales (code S) on the open market by its officers and directors, at the price each filing gives (often an average of the day's trades). A sale is a 10b5-1 sale when its filing says it was made under such a plan, set up in advance. Not counted: 38 other transactions (grants, shares withheld for tax and gifts). Also not counted: 13 trades by holders of more than 10% who are neither officers nor directors. On the chart a price filed before a split is divided by the split's ratio, on today's share basis as the price line is; the table gives prices as filed. 1 trade marked “other basis” was filed at a price several times away from that day's close of POWL, in another share basis than the one it trades in (ordinary shares where POWL trades as American depositary shares, or a split this page does not know): its value is as filed, but the chart leaves it out and its shares are not comparable with the others'.