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Powell Industries (Powell Industries) Net Income : $77.4 Mil (TTM As of Dec. 2023)


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What is Powell Industries Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Powell Industries's Net Income for the three months ended in Dec. 2023 was $24.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $77.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Powell Industries's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.98.


Powell Industries Net Income Historical Data

The historical data trend for Powell Industries's Net Income 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 Net Income Chart

Powell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.89 16.66 0.63 13.74 54.53

Powell Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 1.16 8.47 18.45 26.44 24.09

Powell Industries Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=68.95+-14.425+0+-7.105427357601E-15
=54.5

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

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=29.878+-5.793+0+0
=24.1

Net Income 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 $77.4 Mil.

* 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.


Powell Industries  (NAS:POWL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Powell Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Powell Industries Net Income 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

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