Powell Industries Inc

Common Name

Powell Industries

Country

United States

Sector

Industrials

Industry

Electrical Equipment & Parts

Employees

2,748

Ticker

POWL

Exchange

NASDAQ/NGS

Website

www.powellind.com

Description

Powell Industries Inc. is a manufacturer and provider of custom-engineered products and complex services for the management and control of electrical energy and related power systems. Primarily, Powel... Show more

Financial Statements of Powell Industries

Below are the financial statements of Powell Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	315.33^a	245.88^a
Short-term investments	43.06^a	33.13^a
Accounts receivable, less allowance for credit losses of $414 and $273, respectively	214.41^a	206.59^a
Contract assets	102.83^a	60.62^a
Inventories	85.87^a	63.87^a
Income taxes receivable	0.06^a	0.1^a
Prepaid expenses	7.49^a	5.42^a
Other current assets	7.44^a	6.38^a
Total current assets	776.48^a	621.99^a
Assets	—	—
Property, plant and equipment, net	103.42^a	97.63^a
Operating lease assets, net	1.22^a	1.44^a
Goodwill and intangible assets, net	1.5^a	1^a
Deferred income tax assets	27.25^a	17.06^a
Other assets	18.31^a	13.13^a
Total assets	928.18^a	752.24^a
Current liabilities	—	—
Accounts payable	73.63^a	56.67^a
Contract liabilities	287.76^a	279.8^a
Accrued compensation and benefits	33.78^a	29.95^a
Accrued product warranty	5.82^a	3.31^a
Current operating lease liabilities	0.6^a	0.77^a
Income taxes payable	8.98^a	6.52^a
Other current liabilities	17.44^a	18.68^a
Total current liabilities	428.02^a	395.69^a
Liabilities and stockholders' equity	—	—
Deferred compensation	12.03^a	9.15^a
Long-term operating lease liabilities	0.62^a	0.66^a
Deferred income tax liabilities	2.71^a	0^a
Other long-term liabilities	1.74^a	1.72^a
Total liabilities	445.11^a	407.22^a
Stockholders' equity	—	—
Preferred stock	0^a	0^a
Common stock	0.13^a	0.13^a
Additional paid-in capital	70.11^a	71.53^a
Retained earnings	462.19^a	325.28^a
Treasury stock	-25^a	-25^a
Accumulated other comprehensive loss	-24.36^a	-26.91^a
Total stockholders' equity	483.07^a	345.03^a
Total liabilities and stockholders' equity	928.18^a	752.24^a

Verified Sources Behind Powell Industries’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Powell Industries’s data sources below and access millions more through our Disclosure Search.

a. Powell Industries's 10-K 2024

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Powell Industries Inc

Financial Statements of Powell Industries

Verified Sources Behind Powell Industries’s Financial Fundamentals Data

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