Powell Industries Inc (POWL)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 273,088 | 244,636 | 205,566 | 176,283 | 147,553 | 129,011 | 105,400 | 91,046 | 85,018 | 74,050 | 72,158 | 70,228 | 75,063 | 74,311 | 78,488 | 91,020 | 94,575 | 101,410 | 103,781 | 94,171 |
| Revenue (ttm) | US$ in thousands | 1,012,356 | 945,934 | 850,294 | 766,793 | 699,796 | 653,831 | 598,957 | 555,377 | 535,053 | 501,832 | 480,115 | 470,930 | 470,939 | 456,201 | 458,430 | 491,256 | 518,713 | 552,500 | 569,863 | 541,877 |
| Gross profit margin | 26.98% | 25.86% | 24.18% | 22.99% | 21.09% | 19.73% | 17.60% | 16.39% | 15.89% | 14.76% | 15.03% | 14.91% | 15.94% | 16.29% | 17.12% | 18.53% | 18.23% | 18.35% | 18.21% | 17.38% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $273,088K ÷ $1,012,356K
= 26.98%
Powell Industries Inc's gross profit margin has shown a steady improvement over the past five quarters. The trend indicates a positive trajectory in the company's ability to generate profits from its core operations. The latest reported gross profit margin of 26.98% for September 30, 2024, reflects the company's ability to effectively manage its cost of goods sold and maintain healthy margins on its products and services. This upward trend in gross profit margin is a positive indicator of Powell Industries Inc's operational efficiency and potentially improving profitability. It suggests that the company is managing its production costs effectively and generating more revenue from each sale.
Peer comparison
Sep 30, 2024