POWL on Nasdaq
Powell Industries
Manufacturing company
Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas. The company is led by Brett Alan Cope, who is the Chairman, President and Chief Executive Officer.3 Its shares trade on Nasdaq under the symbol POWL.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
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- TickerPOWL on Nasdaq1
- IndustrySwitchgear & Switchboard Apparatus1
- HeadquartersHouston1
- Websitewww.powellind.com
- Legal formDelaware corporation1
- Incorporated inNV6
- Business address8550 Mosley Dr, Post Office Box 12818, Houston, Tx 770756
- Filer categoryLarge accelerated filer6
- LEI549300V08RO7MX2UBN264
- StatusActive4
- LEI statusLapsed (not renewed)4
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
- Registered withDivision of Corporations, Department of State, 36931784
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Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
29.4%Gross margin5
19.7%Operating margin5
16.4%Net margin5
9.1%Revenue growth, 20255
28.2%Return on equity5
$154.8MFree cash flow5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Oil and Gas Service brought in 37% of the revenue Powell Industries broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Oil and Gas Service | $273.1M | $417.2M | $406.6M |
| Electricity | $158.4M | $186.5M | $279.0M |
| Commercial and Other Industrial | $104.0M | $149.9M | $178.2M |
| Petrochemical | $94.2M | $185.6M | $151.2M |
| Other Customers | $41.5M | $51.1M | $48.1M |
| Light Rail Traction Power Customer | $28.1M | $22.0M | $41.3M |
Regions
United States brought in 80% of the revenue Powell Industries broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $557.9M | $846.5M | $880.2M |
| Canada [member] | $84.1M | $106.5M | $157.2M |
| Middle East And Africa | $15.0M | $13.4M | $27.4M |
| Europe | $26.7M | $31.4M | $25.1M |
| Asia Pacific | $6.2M | $6.8M | $9.3M |
| Mexico, Central America And South America | $9.4M | $7.6M | $5.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue70¢$779.9M
- Research and development1¢$11.0M
- Selling, general and admin9¢$95.4M
- Income tax5¢$52.8M
- Profit16¢$180.7M
Out of $1.1B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending8¢$13.1M
- Dividends paid8¢$12.9M
- Kept or used elsewhere85¢$141.9M
Out of $167.9M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.5
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Revenues | $1.1B | $1.0B | $699.3M |
| Cost of goods sold | $779.9M | $739.3M | $551.8M |
| Gross profit | $324.4M | $273.1M | $147.6M |
| Selling, general and administrative expenses | $95.4M | $84.9M | $78.8M |
| Research and development expenses | $11.0M | $9.4M | $6.2M |
| Amortization of intangible assets | $112.0K | $0 | $0 |
| Operating income | $217.9M | $178.8M | $62.5M |
| Interest income, net | -$15.7M | -$17.3M | -$6.4M |
| Income before income taxes | $233.6M | $196.1M | $69.0M |
| Income tax provision | $52.8M | $46.2M | $14.4M |
| Net income | $180.7M | $149.8M | $54.5M |
| Basic (in dollars per share) | $14.98 | $12.51 | $4.59 |
| Diluted (in dollars per share) | $14.86 | $12.29 | $4.50 |
| Basic (in shares) | 12.1M shares | 12.0M shares | 11.9M shares |
| Diluted (in shares) | 12.2M shares | 12.2M shares | 12.1M shares |
| Dividends per share (in dollars per share) | $1.07 | $1.06 | $1.05 |
| Period ending | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Gross profit | $93.5M | $87.9M | $83.4M | $59.5M | $80.4M | $81.7M | $62.7M | $48.2M |
| Net income | $51.4M | $48.2M | $46.3M | $34.8M | $46.1M | $46.2M | $33.5M | $24.1M |
| Basic (in dollars per share) | $4.26 | $4.00 | $3.84 | $2.89 | $3.84 | $3.85 | $2.79 | $2.02 |
| Diluted (in dollars per share) | $4.22 | $3.96 | $3.81 | $2.86 | $3.77 | $3.79 | $2.75 | $1.98 |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $450.7M | $315.3M | ||
| Short-term investments | $24.8M | $43.1M | ||
| Accounts receivable, less allowance for credit losses of $368 and $414, respectively | $217.1M | $214.4M | ||
| Contract assets | $136.7M | $102.8M | ||
| Inventories | $84.7M | $85.9M | ||
| Prepaid expenses | $10.6M | $7.5M | ||
| Other current assets | $7.1M | $7.5M | ||
| Total Current Assets | $931.7M | $776.5M | ||
| Property, plant and equipment, net | $111.0M | $103.4M | ||
| Operating lease assets, net | $1.7M | $1.2M | ||
| Goodwill | $6.1M | $1.0M | $1.0M | |
| Intangible assets, net | $6.1M | $500.0K | ||
| Deferred income tax assets | $33.4M | $27.2M | ||
| Other assets | $18.9M | $18.3M | ||
| Total Assets | $1.1B | $928.2M | ||
| Accounts payable | $67.1M | $73.6M | ||
| Contract liabilities | $297.9M | $287.8M | ||
| Accrued compensation and benefits | $39.2M | $33.8M | ||
| Accrued product warranty | $6.4M | $5.8M | $3.3M | |
| Current operating lease liabilities | $882.0K | $595.0K | ||
| Income taxes payable | $11.0M | $9.0M | ||
| Other current liabilities | $23.9M | $17.4M | ||
| Total Current Liabilities | $446.4M | $428.0M | ||
| Deferred compensation (Note J) | $13.7M | $12.0M | ||
| Long-term operating lease liabilities | $782.0K | $621.0K | ||
| Deferred income tax liabilities | $5.3M | $2.7M | ||
| Other long-term liabilities | $2.0M | $1.7M | ||
| Total Liabilities | $468.2M | $445.1M | ||
| Preferred stock, par value $0.01; 5,000,000 shares authorized; none issued | $0 | $0 | ||
| Common stock, par value $0.01; 30,000,000 shares authorized; Shares issued: 12,876,196 and 12,795,256, respectively Shares outstanding: 12,070,178 and 11,989,238, respectively | $129.0K | $128.0K | ||
| Additional paid-in capital | $62.8M | $70.1M | ||
| Retained earnings | $629.8M | $462.2M | ||
| Treasury stock, 806,018 shares at cost | -$25.0M | -$25.0M | ||
| Accumulated other comprehensive loss | -$27.0M | -$24.4M | ||
| Total Stockholders Equity | $640.8M | $483.1M | $345.0M | $297.2M |
| Total Liabilities and Stockholders Equity | $1.1B | $928.2M | ||
| Allowance for doubtful accounts | $368.0K | $414.0K | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 30.0M shares | 30.0M shares | ||
| Common stock, shares issued (in shares) | 12.9M shares | 12.8M shares | ||
| Common stock, shares outstanding (in shares) | 12.1M shares | 12.0M shares | ||
| Treasury stock (in shares) | 806.0K shares | 806.0K shares |
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $450.7M | $315.3M | ||
| Short-term investments | $24.8M | $43.1M | ||
| Accounts receivable, less allowance for credit losses of $368 and $414, respectively | $217.1M | $214.4M | ||
| Contract assets | $136.7M | $102.8M | ||
| Inventories | $84.7M | $85.9M | ||
| Prepaid expenses | $10.6M | $7.5M | ||
| Other current assets | $7.1M | $7.5M | ||
| Total Current Assets | $931.7M | $776.5M | ||
| Property, plant and equipment, net | $111.0M | $103.4M | ||
| Operating lease assets, net | $1.7M | $1.2M | ||
| Goodwill | $6.1M | $1.0M | $1.0M | |
| Intangible assets, net | $6.1M | $500.0K | ||
| Deferred income tax assets | $33.4M | $27.2M | ||
| Other assets | $18.9M | $18.3M | ||
| Total Assets | $1.1B | $928.2M | ||
| Accounts payable | $67.1M | $73.6M | ||
| Contract liabilities | $297.9M | $287.8M | ||
| Accrued compensation and benefits | $39.2M | $33.8M | ||
| Accrued product warranty | $6.4M | $5.8M | $3.3M | |
| Current operating lease liabilities | $882.0K | $595.0K | ||
| Income taxes payable | $11.0M | $9.0M | ||
| Other current liabilities | $23.9M | $17.4M | ||
| Total Current Liabilities | $446.4M | $428.0M | ||
| Deferred compensation (Note J) | $13.7M | $12.0M | ||
| Long-term operating lease liabilities | $782.0K | $621.0K | ||
| Deferred income tax liabilities | $5.3M | $2.7M | ||
| Other long-term liabilities | $2.0M | $1.7M | ||
| Total Liabilities | $468.2M | $445.1M | ||
| Preferred stock, par value $0.01; 5,000,000 shares authorized; none issued | $0 | $0 | ||
| Common stock, par value $0.01; 30,000,000 shares authorized; Shares issued: 12,876,196 and 12,795,256, respectively Shares outstanding: 12,070,178 and 11,989,238, respectively | $129.0K | $128.0K | ||
| Additional paid-in capital | $62.8M | $70.1M | ||
| Retained earnings | $629.8M | $462.2M | ||
| Treasury stock, 806,018 shares at cost | -$25.0M | -$25.0M | ||
| Accumulated other comprehensive loss | -$27.0M | -$24.4M | ||
| Total Stockholders Equity | $640.8M | $483.1M | $345.0M | $297.2M |
| Total Liabilities and Stockholders Equity | $1.1B | $928.2M | ||
| Allowance for doubtful accounts | $368.0K | $414.0K | ||
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 5.0M shares | 5.0M shares | ||
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 30.0M shares | 30.0M shares | ||
| Common stock, shares issued (in shares) | 12.9M shares | 12.8M shares | ||
| Common stock, shares outstanding (in shares) | 12.1M shares | 12.0M shares | ||
| Treasury stock (in shares) | 806.0K shares | 806.0K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Net income | $180.7M | $149.8M | $54.5M |
| Depreciation and amortization | $7.3M | $6.9M | $8.6M |
| Stock-based compensation | $4.6M | $4.7M | $4.6M |
| Unrealized mark-to-market gain on derivative contracts | -$234.0K | -$326.0K | $0 |
| Bad debt expense (recovery), net | -$3.0K | $278.0K | -$54.0K |
| Deferred income taxes | -$4.9M | -$7.5M | -$7.8M |
| Accounts receivable, net | -$2.4M | -$7.3M | -$99.7M |
| Contract assets and liabilities, net | -$23.5M | -$34.7M | $227.6M |
| Inventories | $3.0M | -$21.8M | -$13.3M |
| Income taxes | $1.2M | $2.5M | $4.8M |
| Prepaid expenses and other current assets | -$1.7M | -$3.1M | -$3.3M |
| Accounts payable | -$7.5M | $16.3M | -$6.2M |
| Accrued liabilities | $9.7M | $5.0M | $11.7M |
| Other, net | $1.6M | -$2.2M | $999.0K |
| Net cash provided by operating activities | $167.9M | $108.7M | $182.6M |
| Purchases of short-term investments | -$37.3M | -$42.9M | -$33.5M |
| Maturities of short-term investments | $53.5M | $33.1M | $14.7M |
| Cash paid for business acquisition, net of cash acquired | -$11.5M | $0 | $0 |
| Purchases of property, plant and equipment | -$13.1M | -$12.0M | -$7.8M |
| Proceeds from sale of property, plant and equipment | $20.0K | $107.0K | $12.0K |
| Purchase of intangible assets | $0 | -$250.0K | $0 |
| Net cash used in investing activities | -$8.3M | -$21.9M | -$26.6M |
| Shares withheld in lieu of employee tax withholding | -$12.2M | -$6.6M | -$652.0K |
| Dividends paid | -$12.9M | -$12.7M | -$12.4M |
| Net cash used in financing activities | -$25.1M | -$19.3M | -$13.1M |
| Net increase in cash and cash equivalents | $134.5M | $67.5M | $142.9M |
| Effect of exchange rate changes on cash and cash equivalents | $930.0K | $1.9M | $1.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Powell Industries sits at the top of its group. 13 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Powell Industries
- FIRST TRUST PORTFOLIOS LP Filed SCHEDULE 13G/A on Powell Industries, latest Jul 30, 2026 (2 filings since Oct 31, 2025)
- BlackRock Filed SCHEDULE 13G/A on Powell Industries, latest Jul 29, 2026 (4 filings since Feb 7, 2022)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Powell Industries, latest Mar 27, 2026 (4 filings since Feb 10, 2022)
- NorthCoast Asset Management LLC Filed SCHEDULE 13G/A on Powell Industries, latest Nov 6, 2025 (2 filings since May 7, 2025)
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Powell Industries, latest Oct 31, 2024 (4 filings since Feb 8, 2022)
- Thomas W. Powell Filed SC 13D/A on Powell Industries, latest Oct 10, 2024 (2 filings since Feb 14, 2024)
- Powell Industries Houston, Texas, United States
- Powell (Middle East) B.V. Subsidiary · Netherlands
- POWELL (UK) LIMITED Subsidiary · Bradford, United Kingdom
- Powell B.V. Subsidiary · Netherlands
- Powell Canada B.V. Subsidiary · Netherlands
- Powell Electrical Systems, Inc. Subsidiary · Delaware, United States
- Powell Equipment (Mexico) SA de CV Subsidiary · Mexico
- Powell Industries Asia, Pte, Ltd. Subsidiary · Singapore
- Powell Industries International B.V. Subsidiary · Netherlands
- Powell Infinity Corporation Subsidiary · Alberta, Canada
- Powell International B.V. Subsidiary · Netherlands
- Powell Trading (Mexico) SA de CV Subsidiary · Mexico
- Remsdaq Limited Subsidiary · United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Powell Industries reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $262.9M5 Sep 30, 2025 | $252.3M5 Sep 30, 2024 | +4.2% |
| Accumulated depreciation | $151.8M5 Sep 30, 2025 | $148.9M5 Sep 30, 2024 | +2.0% |
| Property and equipment, net | $111.0M5 Sep 30, 2025 | $103.4M5 Sep 30, 2024 | +7.4% |
| Operating-lease assets (leased space) | $1.7M5 Sep 30, 2025 | $1.2M5 Sep 30, 2024 | +36.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $450.7M5 Sep 30, 2025 | $315.3M5 Sep 30, 2024 | +42.9% |
| Marketable securities, current | $24.8M5 Sep 30, 2025 | $43.1M5 Sep 30, 2024 | −42.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $6.1M5 Sep 30, 2025 | $1.0M5 Sep 30, 2024 | +510.7% |
| Intangible assets, net (excluding goodwill) | $6.1M5 Sep 30, 2025 | $500.0K5 Sep 30, 2024 | +1127.6% |
| Finite-lived intangibles, gross | $6.2M5 Sep 30, 2025 | $500.0K5 Sep 30, 2024 | +1150.0% |
| Accumulated amortization | $112.0K5 Sep 30, 2025 | $05 Sep 30, 2024 | |
| Finite-lived intangibles, net | $6.1M5 Sep 30, 2025 | $500.0K5 Sep 30, 2024 | +1127.6% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $84.7M5 Sep 30, 2025 | $85.9M5 Sep 30, 2024 | −1.3% |
| Work in process | $2.2M5 Sep 30, 2025 | $920.0K5 Sep 30, 2024 | +141.5% |
Properties, in its own words
We own our principal manufacturing and fabrication facilities and periodically lease smaller facilities throughout the United States, Canada and the U.K. Our facilities are generally located in areas that are readily accessible to materials and labor pools and are maintained in good condition. These facilities are expected to meet our needs for the foreseeable future.
We own 100% of the offices and facilities in the following principal locations as of September 30, 2025:
The rest of Item 2
Location · Description · Acres · ApproximateSquare Footage
Houston, TX · Corporate office and manufacturing facility · 21.4 · 428,515
Houston, TX · Office and manufacturing facility · 53.4 · 346,554
Houston, TX · Office, fabrication facility, bulkhead and yard · 62.4 · 82,320
Houston, TX · Office and warehouse facility · 9.3 · 37,200
North Canton, OH · Office and manufacturing facility · 8.0 · 115,200
Northlake, IL · Office and manufacturing facility · 10.0 · 103,500
Bradford, U.K. · Office and manufacturing facility · 7.9 · 129,200
Deeside, U.K. · Office and manufacturing facility · 4.3 · 42,329
Acheson, Alberta, Canada · Office and manufacturing facility · 20.1 · 330,168
Item 2 of the 10-K filed Nov 19, 2025.17
Leadership
Who has led Powell Industries, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
20052010201520202025
- Chief executive officerBrett Alan Cope Oct 4, 2016 to now18
- Chief executive officerPatrick L. McDonald Dec 11, 2008 to Dec 29, 201019
- PresidentBrett Alan Cope Oct 4, 2016 to now18
- PresidentPatrick L. McDonald Jun 10, 2008 to Dec 29, 201020
- Chief financial officerDon R. Madison Jun 28, 2005 to Dec 20, 201821
- Chief operating officerBrett Alan Cope Jan 11, 2016 to Jul 6, 201622
- Chief operating officerNeil Dial Oct 6, 2014 to Oct 6, 201423
- Chief operating officerPatrick L. McDonald Jun 10, 2008 to Jun 10, 200820
Board members and other officers (33)
- Vice President, OperationsJames Edgar Johnson Jr. May 28, 2026 to now24
- CHIEF HUMAN RESOURCE OFFICERDavide Tuninetti Feb 12, 2025 to now25
- Vice PresidentJohn Birchall May 30, 2024 to now26
- Assistant Secretary/TreasurerPing Ni May 30, 2024 to now27
- Chief Human Resource OfficerRobert B. Callahan May 30, 2024 to Dec 23, 202428
- Vice President, OperationsTerry B. McKertcher May 31, 2024 to now29
- Vice President, R&DWilliam Marshall Mauney Jr. May 31, 2024 to now30
- Assistant Secretary/TreasurerDavid L. Eckenrode Jun 3, 2024 to now31
- Vice President, OperationsFrederick N. Mudge Jun 4, 2024 to now32
- Vice Pres, Global ServicePeter G. Hoglund Jun 28, 2024 to now33
- Exec Vice PresidentMichael William Metcalf Nov 26, 2018 to now34
- Vice President, Corp ControlleMilburn E. Honeycutt Jun 28, 2005 to Jan 10, 202435
- Vice PresidentM. M. Gus Zeller Sep 14, 2004 to Sep 14, 200436
- Exec Vice PresidentMark W. Reid Sep 21, 2004 to Dec 14, 200637
- Corporate ControllerRobert B. Gregory Jul 3, 2003 to Mar 22, 200538
- Board memberMark W. Smith Aug 4, 2025 to now39
- Board memberMohit Singh Feb 20, 2024 to now40
- Board memberAlaina K. Brooks Feb 15, 2023 to now41
- Board memberJohn Stacey Feb 16, 2022 to now42
- Board memberKatheryn Baucom Curtis Feb 19, 2020 to now43
- Board memberPerry L. Elders Jan 4, 2018 to Feb 16, 202244
- Board memberWilliam N. Clelland Apr 4, 2016 to Mar 1, 201745
- Board memberBrett Alan Cope Oct 4, 2016 to now18
- Board memberJohn David White Jan 7, 2013 to May 24, 202346
- Board memberScott E. Rozzell Sep 16, 2011 to Mar 1, 201747
- Board memberBonnie Hancock V. Sep 20, 2010 to Aug 13, 201948
- Board memberChristopher E. Cragg Jun 10, 2008 to now49
- Board memberPatrick L. McDonald Jun 10, 2008 to Dec 29, 201020
- Board memberEugene L. Butler Sep 15, 2004 to Mar 1, 201750
- Board memberJoseph L. Becherer Sep 15, 2004 to Sep 21, 201551
- Board memberRobert C. Tranchon Sep 15, 2004 to Feb 27, 201552
- Board memberRonald J. Wolny Jul 2, 2003 to Jun 17, 201053
- Board memberStephen W. Seale Jr. Sep 3, 2003 to Mar 1, 201754
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Powell (Middle East) B.V. Netherlands7
- Powell (UK) Limited United Kingdom7
- Powell B.V. Netherlands7
- Powell Canada B.V. Netherlands7
- Powell Canada Inc. Canada7
- Powell Electrical Systems, Inc. Delaware7
- Powell Equipment (Mexico) SA de CV Mexico7
- Powell Industries Asia, Pte, Ltd. Singapore7
- Powell Industries International B.V. Netherlands7
- Powell Industries International Limited United Kingdom7
- Powell Industries International, Inc. Delaware7
- Powell Industries, Inc. Delaware7
- Powell Infinity Corporation Alberta7
- Powell International B.V. Netherlands7
- Powell Trading (Mexico) SA de CV Mexico7
- Remsdaq Limited United Kingdom7
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 3, 20268-K Results of operations; Other events55
- Jul 6, 20268-K Executive or director change56
- May 5, 20268-K Other events57
- May 4, 20268-K Results of operations58
- Mar 31, 20268-K Bylaws or fiscal year changed59
- Feb 18, 20268-K Shareholder vote; Other events60
- Feb 3, 20268-K Results of operations; Other events61
- Jan 6, 20268-K Executive or director change62
- Nov 18, 20258-K Results of operations63
- Nov 4, 20258-K Other events64
- Aug 5, 20258-K Results of operations; Other events65
- Jul 22, 20258-K Executive or director change66
- Oct 4, 2016New chief executive Brett Alan Cope becomes CEO18
- Dec 11, 2008New chief executive Patrick L. McDonald becomes CEO19
- Feb 11, 2004Founded Powell Industries is founded4
- Mar 26, 1990Went public Listed on NASDAQ1
Calendar
Coming up
- Nov 17, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.41 a share, on Nov 18, 2025.67
When it reported results
- Aug 3, 2026Reported quarterly or annual results55
- May 4, 2026Reported quarterly or annual results58
- Feb 3, 2026Reported quarterly or annual results61
- Nov 18, 2025Reported quarterly or annual results63
- Aug 5, 2025Reported quarterly or annual results65
- May 6, 2025Reported quarterly or annual results68
- Feb 6, 2025Reported quarterly or annual results69
- Nov 19, 2024Reported quarterly or annual results70
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
348 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 200 insider forms, 18 large holders, 67 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Aug 17, 20264 EDGAR
- Aug 14, 2026144 EDGAR
- Aug 14, 20264 EDGAR
- Aug 13, 2026144 EDGAR
- Aug 4, 202610-Q EDGAR
- Aug 3, 20268-K EDGAR
- Jul 30, 2026SCHEDULE 13G/A EDGAR
- Jul 29, 2026SCHEDULE 13G/A EDGAR
- Jul 10, 20264 EDGAR
- Jul 9, 2026144 EDGAR
The 348 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
93 open-market trades by officers, directors and large owners since October 2021: 4 buys and 89 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | Mauney William Marshall JrVice President, R&D | Sale | 301 | $187.67 | $56.5K | Form 4 |
| Sep 30, 2026 | COPE BRETT ALANPresident & CEO | Sale | 4,799 | $187.67 | $900.6K | Form 4 |
| Aug 14, 2026 | Williams Richard EDirector | Sale | 2,250 | $203.05 | $456.9K | Form 4 |
| Aug 13, 2026 | COPE BRETT ALANPresident & CEO | Sale | 4,500 | $207.01 | $931.5K | Form 4 |
| Jul 9, 2026 | COPE BRETT ALANPresident & CEO | Sale | 4,440 | $241.55 | $1.1M | Form 4 |
| Jul 1, 2026 | COPE BRETT ALANPresident & CEO | Sale | 36,000 | $0.01 | $360 | Form 4 |
| Jun 30, 2026 | METCALF MICHAEL WILLIAMExec Vice President | Sale | 4,500 | $284.64 | $1.3M | Form 4 |
| Jun 25, 2026 | POWELL THOMAS W10% owner | Sale | 33,958 | $294.49 | $10.0M | Form 4 |
| Jun 11, 2026 | COPE BRETT ALANPresident & CEO | Sale | 4,440 | $272.64 | $1.2M | Form 4 |
| May 28, 2026 | Singh MohitDirector | Sale | 1,350 | $293.21 | $395.8K | Form 4 |
| May 14, 2026 | COPE BRETT ALANPresident & CEO | Sale | 4,440 | $301.00 | $1.3M | Form 4 |
| May 14, 2026 | Williams Richard EDirector | Sale | 5,250 | $299.19 | $1.6M | Form 4 |
| May 11, 2026 | Mauney William Marshall JrVice President, R&D | Sale | 2,500 | $323.69 | $809.2K | Form 4 |
| Apr 9, 2026 | COPE BRETT ALANPresident & CEO | Sale | 4,440 | $233.96 | $1.0M | Form 4 |
| Mar 31, 2026 | METCALF MICHAEL WILLIAMExec Vice President | Sale | 3,000 | $528.00 | $1.6M | Form 4 |
| Mar 19, 2026 | POWELL THOMAS W10% owner | Sale | 49,778 | $502.23 | $25.0M | Form 4 |
| Mar 12, 2026 | COPE BRETT ALANPresident & CEO | Sale | 1,480 | $504.80 | $747.1K | Form 4 |
| Feb 25, 2026 | POWELL THOMAS W10% owner | Sale | 318 | $560.37 | $178.2K | Form 4 |
| Feb 24, 2026 | POWELL THOMAS W10% owner | Sale | 1,159 | $561.44 | $650.7K | Form 4 |
| Feb 13, 2026 | POWELL THOMAS W10% owner | Sale | 120 | $600.06 | $72.0K | Form 4 |
All 93 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FIRST TRUST PORTFOLIOS LPSCHEDULE 13G/A, 2 filings Oct 31, 2025 to Jul 30, 202671
- BlackRockSCHEDULE 13G/A, 4 filings Feb 7, 2022 to Jul 29, 202672
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 202673
- NorthCoast Asset Management LLCSCHEDULE 13G/A, 2 filings May 7, 2025 to Nov 6, 202574
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 4 filings Feb 8, 2022 to Oct 31, 202475
- Thomas W. PowellSC 13D/A, 2 filings Feb 14, 2024 to Oct 10, 202476
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Brett A. CopePresident and Chief Executive Officer | 57 | $660.0K | $3.6M77 |
| 2025 | Michael W. MetcalfExecutive Vice President and Chief Financial and Principal Accounting Officer | 58 | $400.4K | $1.5M77 |
| 2025 | Davide TuninettiCurrent Vice President and Chief Human Resource Officer | 50 | $216.7K | $636.6K77 |
| 2025 | Robert B. CallahanFormer Vice President and Chief Human Resource Officer and Chief Information Officer | $69.8K | $303.3K77 | |
| 2024 | Brett A. CopePresident and Chief Executive Officer | 57 | $600.0K | $3.4M77 |
| 2024 | Michael W. MetcalfExecutive Vice President and Chief Financial and Principal Accounting Officer | 58 | $385.0K | $1.5M77 |
| 2024 | Robert B. CallahanFormer Vice President and Chief Human Resource Officer and Chief Information Officer | $306.8K | $1.0M77 | |
| 2023 | Brett A. CopePresident and Chief Executive Officer | 57 | $540.8K | $2.9M77 |
| 2023 | Michael W. MetcalfExecutive Vice President and Chief Financial and Principal Accounting Officer | 58 | $351.5K | $1.4M77 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 3,608,659 | $1.0B | 0.0% | +2,202,586 |
| Vanguard Portfolio Management LLC | 1,557,700 | $446.1M | 0.0% | +1,174,101 |
| First Trust Advisors LP | 1,426,981 | $408.6M | 0.2% | +910,430 |
| Vanguard Capital Management LLC | 1,282,082 | $367.1M | 0.0% | +857,473 |
| Dimensional Fund Advisors LP | 974,940 | $279.2M | 0.1% | +651,345 |
| State Street Corp | 955,989 | $273.8M | 0.0% | +593,552 |
| Invesco Ltd. | 769,537 | $220.4M | 0.0% | +527,729 |
| Morgan Stanley | 768,106 | $220.0M | 0.0% | +496,110 |
| Fisher Asset Management, LLC | 731,619 | $209.5M | 0.1% | +474,704 |
| Geode Capital Management, LLC | 668,799 | $191.6M | 0.0% | +425,942 |
| Jane Street Group, LLC | 562,655 | $161.1M | 0.1% | +408,254 |
| Jacobs Levy Equity Management, Inc | 441,456 | $126.4M | 0.5% | +317,516 |
| Federated Hermes, Inc. | 375,292 | $107.5M | 0.2% | +218,540 |
| UBS Group AG | 367,666 | $105.3M | 0.0% | +221,524 |
| Jupiter Topco LLC | 327,667 | $93.8M | 0.0% | New |
| Goldman Sachs Group Inc | 308,450 | $88.3M | 0.0% | +181,995 |
| Rockefeller Capital Management L.P. | 297,517 | $85.2M | 0.1% | +197,600 |
| Capital World Investors | 295,225 | $84.5M | 0.0% | +199,378 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 292,087 | $83.6M | 0.1% | +198,447 |
| Tidal Investments LLC | 282,483 | $80.9M | 0.2% | +194,840 |
| Tema ETFs LLC | 268,692 | $76.9M | 2.5% | +184,010 |
| Bnp Paribas Financial Markets | 263,908 | $75.6M | 0.0% | +221,718 |
| Tcw Group Inc | 252,633 | $72.3M | 0.5% | +187,269 |
| Envestnet Asset Management Inc | 247,010 | $70.7M | 0.0% | +158,783 |
| Charles Schwab Investment Management Inc | 223,352 | $64.0M | 0.0% | +129,600 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Powell Industries is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPOWELL INDUSTRIES INC2
- CIK0000080420
- Employer ID (EIN)88-010610017
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
- Incorporated inDelaware17
- Fiscal year endsSeptember 302
- Industry code (SIC)3613 Switchgear & Switchboard Apparatus2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business address8550 Mosley Dr, Post Office Box 12818, Houston, TX 770752
- Mailing address8550 Mosley Drive P O Box 12818, 8550 Mosley Drive P O Box 12818, Houston, TX 770752
- Phone71394469002
- Shares outstanding36,432,564 as of Aug 3, 202614
- Public float$1.4B as of Mar 31, 202517
- AuditorPricewaterhouseCoopers LLP, Houston, Texas PCAOB ID 238; it also attests to the company’s internal control over financial reporting17
- On EDGAR sinceFeb 9, 19952
- Filings1,208 in all: 4 (549), 8-K (189), SC 13G/A (103), 10-Q (96), 144 (47), 3 (31), DEF 14A (31), 10-K (27)2
All 34 form types
SC 13G (26), 4/A (19), UPLOAD (14), SD (13), CORRESP (11), DEFA14A (8), 10-Q/A (6), S-8 (5), 8-K/A (4), SCHEDULE 13G/A (4), 10-K405 (3), 10-K/A (2), 3/A (2), CT ORDER (2), PRE 14A (2), S-8 POS (2), SC 13D/A (2), SCHEDULE 13G (2), 10-KT (1), 10-KT/A (1), 144/A (1), 8-A12B/A (1), ARS (1), NT 10-K (1), NT 10-Q (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Nov 19, 2025
Quarterly report (10-Q) Aug 4, 2026
Proxy statement (DEF 14A) Jan 6, 2026
Latest 8-K (8-K) Aug 3, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | POWL | NASDAQ Global Market |
From the cover page of the 10-K filed Nov 19, 2025 (Section 12(b) of the Exchange Act).17
Risk factors and legal proceedings
The risks Powell Industries names in Item 1A of its 10-K filed Nov 19, 2025: 41 risks under these headings, as written.17
- Our industry is highly competitive.
- Our backlog is subject to unexpected adjustments, cancellations and scope reductions and, therefore, may not be a reliable indicator of our future earnings.
- Failure to place competitive bids and adequately project future costs may result in losses on our fixed-price contracts with customers.
- Supplier concentration and limited supplier capacity may adversely impact our business and results of operations.
- Our business requires skilled and unskilled labor, and we may be unable to attract and retain qualified employees.
- Revenues recognized over time from our fixed-price contracts could result in volatility in our results of operations.
- We are exposed to risks relating to the use of subcontractors.
- Technological innovations may make existing products and production methods obsolete. The development or use of Artificial Intelligence (AI) by our competitors or other third parties may impair our ability to compete effectively and adversely affect our business, financial condition and results of operations.
- We may not be successful in our AI initiatives, which could adversely affect our business, reputation, and results of operations.
- Unforeseen difficulties with expansions, relocations, or consolidations of existing facilities could adversely affect our operations.
- Quality problems with our products could harm our reputation and erode our competitive position.
- Many of our contracts contain performance obligations that may subject us to penalties or additional liabilities.
The other 29 risks
- Growth and product diversification through strategic acquisitions involve a number of risks.
- Misconduct by our employees or subcontractors, or a failure to comply with applicable laws or regulations, could harm our reputation, damage our relationships with customers and subject us to criminal and civil enforcement actions.
- Unsatisfactory safety performance may subject us to penalties, negatively impact customer relationships, result in higher operating costs, and negatively impact employee morale and turnover.
- Global economic uncertainty and financial market conditions may impact our customer base, suppliers and backlog.
- Fluctuations in the price and supply of materials used to manufacture our products may reduce our profits and could adversely impact our ability to meet commitments to our customers.
- Obtaining surety bonds, letters of credit, bank guarantees, or other financial assurances may be necessary for us to successfully bid on and obtain certain contracts.
- Failure to remain in compliance with covenants or obtain waivers or amendments under our credit agreement could adversely impact our business.
- We extend credit to customers in conjunction with our performance under fixed-price contracts which subjects us to potential credit risks.
- A significant portion of our revenues may be concentrated among a small number of customers and may be subject to the risks of particular industries.
- Our international operations expose us to risks that are different from, or possibly greater than, the risks we are exposed to domestically and may adversely affect our operations.
- Our ability to access credit and capital markets may be limited, which could adversely affect our liquidity, operations, and growth strategy.
- Provisions of our charter documents or Delaware law could delay or prevent a change in control of our company, even if that change would be beneficial to our shareholders.
- The personal liability of our directors and officers for monetary damages for breach of their fiduciary duty of care is limited by the Delaware General Corporation Law and by our certificate of incorporation.
- The exclusive-forum provision contained in our bylaws could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or other employees.
- Our stock price could decline or fluctuate significantly due to unforeseen circumstances that may be outside of our control. These fluctuations may cause our stockholders to incur losses.
- There can be no assurance that we will declare or pay future dividends on our common stock.
- We may issue preferred stock on terms that could adversely affect the voting power or value of our common stock.
- Our operations could be adversely impacted by the effects of government regulations.
- Actual and potential claims, lawsuits and proceedings could ultimately reduce our profitability and liquidity and weaken our financial condition.
- Changes in tax laws and regulations may change our effective tax rate and could have a material effect on our financial results.
- Failure to develop, obtain, enforce, and protect intellectual property rights or third-party claims that we are infringing on their intellectual property could harm our business.
- Significant developments arising from tariffs and other economic proposals could adversely impact our business.
- Failures or weaknesses in our internal controls over financial reporting could adversely affect our ability to report on our financial condition and results of operations accurately or on a timely basis.
- General Risk Factors
- We carry insurance against many potential liabilities, but our management of risk may leave us exposed to unidentified or unanticipated risks.
- Catastrophic events, including natural disasters, health epidemics, acts of war and terrorism, climate change, among others, could disrupt our business.
- A failure in our business systems or cybersecurity attacks on any of our facilities, or those of third parties, could adversely affect our business, results of operations and reputation.
- Data privacy, data protection, and information security may require significant resources and present certain risks.
- Changes in and compliance with ESG initiatives could adversely impact our business.
- The departure of key personnel could disrupt our business.
Legal proceedings
We are involved in various legal proceedings, claims and other disputes arising from our commercial operations, projects, employees and other matters which, in general, are subject to uncertainties and in which the outcomes are not predictable. Although we can give no assurances about the resolution of pending claims, litigation or other disputes and the effect such outcomes may have on us, management believes that any ultimate liability resulting from the outcome of such proceedings, to the extent not otherwise provided or covered by insurance, will not have a material adverse effect on our consolidated financial position or results of operations or liquidity.
The opening of Item 3, Legal Proceedings.17
Links
- Websitewww.powellind.com1
- Facebookwww.facebook.com/powellind1
- YouTubewww.youtube.com/channel/UCW8Ixi4ThdRAmV4YKjIMUag1
- WikipediaPowell Industries
- WikidataQ7236078
- SEC EDGARCIK 80420
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPowell Industries on Wikidata
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- 3WikipediaPowell Industries on Wikipedia
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- 20SEC EDGARPatrick L. McDonald, President
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- 23SEC EDGARNeil Dial, Chief operating officer
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- 26SEC EDGARJohn Birchall, Vice President
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- 36SEC EDGARM. M. Gus Zeller, Vice President
- 37SEC EDGARMark W. Reid, Exec Vice President
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- 39SEC EDGARMark W. Smith, Board member
- 40SEC EDGARMohit Singh, Board member
- 41SEC EDGARAlaina K. Brooks, Board member
- 42SEC EDGARJohn Stacey, Board member
- 43SEC EDGARKatheryn Baucom Curtis, Board member
- 44SEC EDGARPerry L. Elders, Board member
- 45SEC EDGARWilliam N. Clelland, Board member
- 46SEC EDGARJohn David White, Board member
- 47SEC EDGARScott E. Rozzell, Board member
- 48SEC EDGARBonnie Hancock V., Board member
- 49SEC EDGARChristopher E. Cragg, Board member
- 50SEC EDGAREugene L. Butler, Board member
- 51SEC EDGARJoseph L. Becherer, Board member
- 52SEC EDGARRobert C. Tranchon, Board member
- 53SEC EDGARRonald J. Wolny, Board member
- 54SEC EDGARStephen W. Seale Jr., Board member
- 55SEC EDGARResults of operations; Other events
- 56SEC EDGARExecutive or director change
- 57SEC EDGAROther events
- 58SEC EDGARResults of operations
- 59SEC EDGARBylaws or fiscal year changed
- 60SEC EDGARShareholder vote; Other events
- 61SEC EDGARResults of operations; Other events
- 62SEC EDGARExecutive or director change
- 63SEC EDGARResults of operations
- 64SEC EDGAROther events
- 65SEC EDGARResults of operations; Other events
- 66SEC EDGARExecutive or director change
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