Powell Industries (Powell Industries) EBIT : $87.3 Mil (TTM As of Dec. 2023)

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What is Powell Industries EBIT?

Powell Industries's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $25.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $87.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Powell Industries's annualized ROC % for the quarter that ended in Dec. 2023 was 17.48%. Powell Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 104.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Powell Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.25%.

Powell Industries EBIT Historical Data

The historical data trend for Powell Industries's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Powell Industries EBIT Chart

Powell Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

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12.56

20.47

1.02

7.22

62.52

Powell Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															1.09	10.07	21.55	29.80	25.88

Competitive Comparison of Powell Industries's EBIT

For the Electrical Equipment & Parts subindustry, Powell Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Powell Industries's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Powell Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Powell Industries's EV-to-EBIT falls into.

Powell Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $87.3 Mil.

Powell Industries (NAS:POWL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Powell Industries's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	103.52 * ( 1 - 19.39% )	/	( (459.455	+	495.137)	/ 2 )
=	83.447472	/	477.296
=	17.48 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	752.242	-	66.488	-	( 279.009	-	max(0, 395.686	-	621.985	+	279.009	))
=	459.455

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	807.949	-	65.838	-	( 355.343	-	max(0, 427.851	-	674.825	+	355.343	))
=	495.137

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Powell Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	103.52	/	( ( (99.061 + max(-112.658, 0))	+	(99.536 + max(-175.382, 0)) )	/	2 )
=	103.52	/	( ( 99.061	+	99.536 )	/	2 )
=	103.52	/	99.2985
=	104.25 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(206.591	+	63.865	+	11.799)	-	(66.488	+	279.796	+	48.629)
=	-112.658

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(169.477	+	69.682	+	12.665)	-	(65.838	+	328.888	+	32.48)
=	-175.382

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Powell Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	87.31	/	1396.872
	=	6.25 %

Powell Industries EBIT Related Terms

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Powell Industries (Powell Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Powell Industries Inc (NAS:POWL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

PW2:Germany

Address

8550 Mosley Road, Houston, TX, USA, 77075-1180

Website

https://www.powellind.com

Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.

Executives

Thomas W Powell	director, officer: President, CEO
Milburn E Honeycutt	officer: Vice President, Corp Controlle	7 AMBERSTONE DRIVE, SUGARLAND TX 77459
John David White	director	8550 MOSLEY ROAD, HOUSTON TX 77075
Alaina K Brooks	director	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
John Stacey	director	C/O HARMAN INTERNATIONAL, 1101 PENNSYLVANIA AVE, NW #1010, WASHINGTON DC 20004
Katheryn Baucom Curtis	director	8550 MOSLEY ROAD, HOUSTON TX 77075
Bonnie V Hancock	director	P O BOX 12818, HOUSTON TX 77075
Michael William Metcalf	officer: Exec Vice President	8550 MOSLEY ROAD, HOUSTON TX 77075
James W Mcgill	director	8550 MOSLEY ROAD, HOUSTON TX 77075
Perry L Elders	director	8550 MOSLEY ROAD, HOUSTON TX 77075
Christopher E Cragg	director
Richard E Williams	director	8550 MOSLEY ROAD, HOUSTON X1 77075
William N. Clelland	director, other: ADVISORY DIRECTOR	8550 MOSLEY ROAD, HOUSTON TX 77075
Brett Alan Cope	officer: Sr VP, COO	8550 MOSLEY ROAD, HOUSTON TX 77075
Joseph L Becherer	director	PO BOX 12818, HOUSTON TX 77217