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Powell Industries (Powell Industries) Gross Profit : $176.3 Mil (TTM As of Dec. 2023)


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What is Powell Industries Gross Profit?

Powell Industries's gross profit for the three months ended in Dec. 2023 was $48.2 Mil. Powell Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $176.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Powell Industries's gross profit for the three months ended in Dec. 2023 was $48.2 Mil. Powell Industries's Revenue for the three months ended in Dec. 2023 was $194.0 Mil. Therefore, Powell Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 24.84%.

Powell Industries had a gross margin of 24.84% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Powell Industries was 23.00%. The lowest was 12.82%. And the median was 16.59%.


Powell Industries Gross Profit Historical Data

The historical data trend for Powell Industries's Gross Profit 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 Gross Profit Chart

Powell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.98 94.58 75.06 85.02 147.55

Powell Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.46 33.44 42.67 51.98 48.19

Competitive Comparison of Powell Industries's Gross Profit

For the Electrical Equipment & Parts subindustry, Powell Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Powell Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Powell Industries's Gross Profit falls into.



Powell Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Powell Industries's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=699.308 - 551.755
=147.6

Powell Industries's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=194.017 - 145.823
=48.2

Gross Profit 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 $176.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Powell Industries's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=48.2 / 194.017
=24.84 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Powell Industries  (NAS:POWL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Powell Industries had a gross margin of 24.84% for the quarter that ended in Dec. 2023 => Competition eroding margins


Powell Industries Gross Profit Related Terms

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Powell Industries (Powell Industries) Business Description

Traded in Other Exchanges
Address
8550 Mosley Road, Houston, TX, USA, 77075-1180
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