Powell Industries, Inc. (POWL) Key Metrics
POWL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $6.02B
- Enterprise value
- $6.36B
- P/E (TTM)
- 31.6 10-yr median 18.2
- Forward P/E
- 29.3
- PEG ratio
- 2.10
- Price / sales
- 5.2 10-yr median 0.4
- Price / book
- 9.2 10-yr median 0.7
- EV / EBITDA
- 26.9 10-yr median 11.6
- Dividend yield
- 0.22% $0.36 a year
- Beta
- 1.17
POWL key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsPOWL valuation Price multiples at each fiscal year-end price.
POWL returns How much profit the business earns on the capital it uses.
POWL per-share figures Results divided by the shares outstanding at year-end.
POWL financial health Debt, liquidity and how easily interest is covered.
POWL efficiency & capital use Working capital cycle and where the cash goes.
POWL valuation history
POWL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
POWL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
POWL cash returned to shareholders
POWL price vs earnings per share
POWL key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.71B | $2.71B | $1.00B | $251.8M | $289.7M | $94.1M | $151.8M | $139.1M | $114.5M | $152.6M |
| Enterprise value | $3.23B | $2.35B | $727.2M | $137.6M | $159.9M | −$81.7M | $28.3M | $90.9M | $21.3M | $57.3M |
| P/E ratio | 20.5 | 18.1 | 18.4 | 18.3 | 459.0 | 5.6 | 15.4 | — | — | 9.8 |
| Price / sales | 3.4 | 2.7 | 1.4 | 0.5 | 0.6 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 |
| Price / book | 5.8 | 5.6 | 2.9 | 0.8 | 1.0 | 0.3 | 0.5 | 0.5 | 0.4 | 0.5 |
| Price / free cash flow | 24.0 | 28.0 | 5.8 | — | — | 1.4 | 2.4 | — | 3.5 | 2.1 |
| Price / operating cash flow | 22.1 | 24.9 | 5.5 | — | — | 1.3 | 2.2 | — | 3.1 | 2.0 |
| EV / sales | 2.9 | 2.3 | 1.0 | 0.3 | 0.3 | -0.2 | 0.1 | 0.2 | 0.1 | 0.1 |
| EV / EBITDA | 13.4 | 11.6 | 11.6 | 7.2 | 13.7 | — | 1.2 | 16.8 | — | 1.5 |
| EV / free cash flow | 20.9 | 24.3 | 4.2 | — | — | — | 0.4 | — | 0.6 | 0.8 |
| Earnings yield | 4.9% | 5.5% | 5.4% | 5.5% | 0.2% | 17.7% | 6.5% | −5.1% | −8.3% | 10.2% |
| Free cash flow yield | 4.2% | 3.6% | 17.4% | −2.4% | −11.5% | 71.5% | 42.5% | −23.8% | 29.0% | 47.1% |
| Dividend yield | 0.3% | 0.5% | 1.2% | 4.9% | 4.2% | 12.8% | 7.9% | 8.6% | 10.4% | 7.8% |
| Shareholder yield (dividends + buybacks) | 0.7% | 0.7% | 1.3% | 5.1% | 4.4% | 13.5% | 8.9% | 9.1% | 10.7% | 10.9% |
| Share price at fiscal year-end | $101.60 | $74.00 | $27.63 | $7.03 | $8.19 | $8.04 | $13.05 | $12.09 | $10.00 | $13.35 |
| Per share | ||||||||||
| Revenue per share | $30.25 | $27.69 | $19.23 | $14.86 | $13.31 | $44.34 | $44.45 | $39.00 | $34.57 | $49.45 |
| Earnings per share | $4.95 | $4.10 | $1.50 | $0.38 | $0.02 | $1.42 | $0.85 | −$0.62 | −$0.83 | $1.36 |
| Operating cash flow per share | $4.60 | $2.97 | $5.02 | −$0.10 | −$0.86 | $6.19 | $5.91 | −$2.48 | $3.21 | $6.55 |
| Free cash flow per share | $4.24 | $2.64 | $4.81 | −$0.17 | −$0.94 | $5.75 | $5.54 | −$2.87 | $2.90 | $6.29 |
| Cash per share | $13.03 | $9.80 | $7.67 | $3.25 | $3.79 | $15.30 | $10.72 | $4.32 | $8.31 | $8.55 |
| Book value per share | $17.55 | $13.21 | $9.49 | $8.30 | $8.52 | $26.22 | $25.71 | $26.21 | $28.05 | $29.33 |
| Tangible book value per share | $17.22 | $13.17 | $9.46 | $8.24 | $8.46 | $26.12 | $25.60 | $26.08 | $27.90 | $29.15 |
| Dividends per share | $0.35 | $0.35 | $0.34 | $0.34 | $0.34 | $1.03 | $1.03 | $1.04 | $1.04 | $1.04 |
| Capex per share | $0.36 | $0.33 | $0.22 | $0.07 | $0.08 | $0.44 | $0.37 | $0.39 | $0.32 | $0.27 |
| Debt per share | $0.05 | $0.03 | $0.04 | $0.06 | $0.12 | $0.27 | $0.10 | $0.14 | $0.17 | $0.21 |
| Shares outstanding | 36.5M | 36.6M | 36.4M | 35.8M | 35.4M | 11.7M | 11.6M | 11.5M | 11.5M | 11.4M |
| Change in shares outstanding | −0.2% | +0.6% | +1.5% | +1.3% | +202.5% | +0.5% | +1.1% | +0.5% | +0.2% | −68.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 32.2% | 36.2% | 17.0% | 4.6% | 0.2% | 5.5% | 3.3% | −2.3% | −2.9% | 4.6% |
| Return on invested capital (ROIC) | 115.2% | 141.3% | 39.5% | 4.1% | 0.4% | 11.0% | 4.3% | −3.0% | −6.5% | 5.2% |
| Return on assets (ROA) | 17.7% | 17.8% | 8.8% | 3.0% | 0.1% | 3.5% | 2.2% | −1.7% | −2.2% | 3.3% |
| Return on tangible assets | 16.5% | 16.2% | 7.3% | 2.8% | 0.1% | 3.5% | 2.1% | −1.7% | −2.3% | 3.4% |
| Free cash flow margin | 14.0% | 9.5% | 25.0% | −1.1% | −7.1% | 13.0% | 12.5% | −7.4% | 8.4% | 12.7% |
| Income quality (OCF / net income) | 0.93 | 0.73 | 3.35 | −0.26 | −48.27 | 4.35 | 6.95 | — | — | 4.83 |
| Financial health | ||||||||||
| Total debt | $1.7M | $1.2M | $1.4M | $2.3M | $4.2M | $3.2M | $1.2M | $1.6M | $2.0M | $2.4M |
| Cash & short-term investments | $475.5M | $358.4M | $279.0M | $116.5M | $134.0M | $178.9M | $124.7M | $49.8M | $95.2M | $97.7M |
| Net debt | −$473.9M | −$357.2M | −$277.6M | −$114.2M | −$129.8M | −$175.8M | −$123.5M | −$48.2M | −$93.2M | −$95.3M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 |
| Net debt / EBITDA | −1.97 | −1.76 | −4.44 | −5.95 | −11.16 | −5.65 | −5.02 | −8.90 | — | −2.54 |
| Current ratio | 2.09 | 1.81 | 1.57 | 1.99 | 2.50 | 2.19 | 2.08 | 2.35 | 2.92 | 2.57 |
| Quick ratio | 1.90 | 1.61 | 1.41 | 1.71 | 2.25 | 2.01 | 1.90 | 2.17 | 2.71 | 2.35 |
| Interest coverage | — | — | — | 21.6 | 5.0 | 90.2 | 49.8 | -44.1 | -115.1 | 105.8 |
| Working capital | $485.3M | $348.5M | $226.3M | $183.6M | $181.3M | $182.7M | $170.7M | $158.8M | $164.5M | $185.9M |
| Invested capital | $166.9M | $125.9M | $67.5M | $183.0M | $171.5M | $130.9M | $175.7M | $253.5M | $228.1M | $240.0M |
| Tangible asset value | $628.5M | $481.6M | $344.0M | $295.2M | $299.2M | $305.5M | $297.8M | $300.1M | $319.6M | $333.3M |
| Net current asset value | $463.5M | $331.4M | $214.8M | $173.8M | $167.5M | $170.0M | $160.3M | $148.4M | $156.4M | $176.9M |
| Graham number | $44.23 | $34.90 | $17.89 | $8.46 | $1.85 | $28.99 | $22.18 | — | — | $29.93 |
| Graham net-net per share | $8.63 | $5.31 | $2.87 | $2.55 | $3.21 | $10.16 | $8.32 | $5.96 | $8.38 | $9.66 |
| Capital allocation | ||||||||||
| Dividends paid | $12.9M | $12.7M | $12.4M | $12.2M | $12.1M | $12.1M | $12.0M | $11.9M | $11.9M | $11.8M |
| Share buybacks (net) | $12.2M | $6.6M | $652,000 | $675,000 | $632,000 | $629,000 | $1.5M | $712,000 | $398,000 | $4.7M |
| Dividend payout ratio | 7.1% | 8.4% | 22.8% | 89.1% | — | 72.4% | 121.3% | — | — | 76.4% |
| Dividends + buybacks / free cash flow | 16.2% | 19.9% | 7.5% | — | — | 18.9% | 20.9% | — | 37.0% | 23.1% |
| Capex / revenue | 1.2% | 1.2% | 1.1% | 0.5% | 0.6% | 1.0% | 0.8% | 1.0% | 0.9% | 0.5% |
| Capex / operating cash flow | 7.8% | 11.0% | 4.3% | — | — | 7.1% | 6.2% | — | 9.9% | 4.1% |
| Capex / depreciation | 1.81 | 1.74 | 0.91 | 0.26 | 0.28 | 0.49 | 0.35 | 0.35 | 0.29 | 0.23 |
| Stock-based compensation / revenue | 0.4% | 0.5% | 0.7% | 0.8% | 0.5% | 0.7% | 0.7% | 0.7% | 0.7% | 0.9% |
| R&D / revenue | 1.0% | 0.9% | 0.9% | 1.3% | 1.5% | 1.2% | 1.2% | 1.5% | 1.7% | 1.2% |
| SG&A / revenue | 8.6% | 8.4% | 11.3% | 13.3% | 14.3% | 13.0% | 13.5% | 14.9% | 15.5% | 13.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 110.9 | 105.4 | 120.5 | 112.1 | 98.5 | 101.8 | 123.4 | 120.2 | 130.2 | 121.6 |
| Days of inventory on hand | 39.9 | 37.0 | 37.8 | 32.7 | 27.1 | 25.0 | 21.4 | 18.9 | 23.8 | 23.6 |
| Days payables outstanding | 32.9 | 32.2 | 39.7 | 44.3 | 37.0 | 37.1 | 39.0 | 35.2 | 36.1 | 33.0 |
| Cash conversion cycle (days) | 117.9 | 110.2 | 118.6 | 100.5 | 88.6 | 89.7 | 105.9 | 104.0 | 117.9 | 112.2 |
| Receivables turnover | 3.29 | 3.46 | 3.03 | 3.26 | 3.70 | 3.59 | 2.96 | 3.04 | 2.80 | 3.00 |
| Payables turnover | 11.09 | 11.35 | 9.19 | 8.24 | 9.85 | 9.84 | 9.36 | 10.36 | 10.11 | 11.06 |
| Inventory turnover | 9.14 | 9.87 | 9.66 | 11.15 | 13.45 | 14.58 | 17.02 | 19.26 | 15.35 | 15.45 |
| Asset turnover | 1.08 | 1.20 | 1.12 | 1.15 | 1.04 | 1.10 | 1.15 | 1.06 | 0.90 | 1.21 |
| Average receivables | $335.5M | $292.3M | $230.9M | $163.6M | $127.0M | $144.6M | $174.8M | $147.8M | $141.2M | $188.3M |
| Average payables | $70.4M | $65.1M | $60.0M | $54.3M | $40.1M | $43.1M | $45.9M | $37.0M | $34.1M | $41.5M |
| Average inventory | $85.3M | $74.9M | $57.1M | $40.1M | $29.4M | $29.1M | $25.3M | $19.9M | $22.5M | $29.7M |
| Intangibles / total assets | 1.1% | 0.2% | 0.1% | 0.4% | 0.5% | 0.2% | 0.3% | 0.4% | 0.4% | 0.4% |
Computed from POWL's annual financial statements (latest annual report filed November 19, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
POWL valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), Powell Industries traded at 20.5 times earnings, against a 10-year median of 18.2. Based on the latest twelve months, the trailing P/E is 31.6 and the forward P/E is 29.3. Powell Industries earned a return on equity of 32.2% and a return on invested capital of 115.2% in fiscal 2025. It ended the year with $1.7 million of debt and $475.5 million in cash and short-term investments, a net cash position of $473.9 million. It returned $25.1 million to shareholders: $12.9 million in dividends and $12.2 million in share buybacks, 16% of free cash flow. The share count rose 219.3% from 11.4M to 36.5M over 9 years.
See the POWL income statement, the POWL chart for price history, or the POWL stock overview for the latest quote and news.
POWL key metrics FAQ
What is Powell Industries's P/E ratio?
Powell Industries's trailing P/E ratio is 31.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 29.3. At the end of fiscal 2025 it was 20.5, compared with a 10-year median of 18.2.
What is Powell Industries's EV/EBITDA?
Powell Industries's enterprise value was 13.4 times EBITDA at the end of fiscal 2025 (enterprise value $3.2 billion, EBITDA $240.8 million); the current EV/EBITDA is 26.9.
What is Powell Industries's return on equity?
Powell Industries's return on equity (ROE) was 32.2% in fiscal 2025: net income of $180.7 million on average shareholders' equity of $561.9 million.
What is Powell Industries's ROIC?
Powell Industries's return on invested capital was 115.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Powell Industries have?
Powell Industries had total debt of $1.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Powell Industries's dividend yield?
Powell Industries's forward dividend yield is 0.22%. Powell Industries paid $12.9 million in dividends in fiscal 2025 ($0.35 per share), a payout ratio of 7.1%.
Does Powell Industries buy back its shares?
Yes. Powell Industries spent $12.2 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.2% over the year, to 36.5M..
What is Powell Industries's free cash flow yield?
Powell Industries generated $154.8 million of free cash flow in fiscal 2025, a free cash flow yield of 4.2% on its market value at year-end ($3.7 billion).
What is Powell Industries's current ratio?
Powell Industries's current ratio was 2.09 at the end of fiscal 2025: current assets were 2.09 times current liabilities.