Powell Industries Inc (POWL)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 149,848 | 54,525 | 13,737 | 631 | 16,660 |
| Revenue | US$ in thousands | 2,024,710 | 1,399,130 | 1,065,850 | 941,620 | 1,037,320 |
| Net profit margin | 7.40% | 3.90% | 1.29% | 0.07% | 1.61% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $149,848K ÷ $2,024,710K
= 7.40%
The net profit margin of Powell Industries Inc has shown a significant improvement over the past five years. The company's net profit margin increased from 1.61% in 2020 to 7.40% in 2024, indicating a strong upward trend in profitability. This improvement suggests that the company has been effectively managing its costs and expenses relative to its revenue generation. The steady increase in net profit margin reflects positively on the company's operational efficiency and overall financial performance during this period.
Peer comparison
Sep 30, 2024