Powell Industries Inc (POWL)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 77,448 | 54,525 | 36,828 | 27,435 | 17,745 | 13,737 | 8,259 | -2,843 | -1,851 | 631 | 353 | 5,875 | 13,521 | 16,660 | 20,215 | 21,823 | 15,360 | 9,890 | 4,891 | 103 |
| Revenue (ttm) | US$ in thousands | 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 | 517,010 | 503,556 | 490,106 |
| Net profit margin | 10.10% | 7.79% | 5.63% | 4.58% | 3.20% | 2.57% | 1.65% | -0.59% | -0.39% | 0.13% | 0.08% | 1.28% | 2.75% | 3.21% | 3.66% | 3.83% | 2.83% | 1.91% | 0.97% | 0.02% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $77,448K ÷ $766,793K
= 10.10%
The net profit margin of Powell Industries, Inc. has shown a consistent improvement over the past eight quarters, indicating a positive trend in the company's profitability. The margin increased from -0.59% in March 2022 to 10.10% in December 2023, reflecting a significant turnaround in the company's ability to generate profits from its operations. This improvement suggests that Powell Industries has likely implemented cost-saving measures, operational efficiencies, or successful revenue-generating strategies. The steady rise in net profit margin demonstrates the company's ability to effectively control costs and generate higher profits relative to its revenue, which can be perceived favorably by investors and stakeholders.
Peer comparison
Dec 31, 2023