Powell Industries Inc (POWL)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 149,848 | 130,232 | 102,463 | 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 |
| 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 |
| Net profit margin | 14.80% | 13.77% | 12.05% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $149,848K ÷ $1,012,356K
= 14.80%
The net profit margin of Powell Industries Inc has demonstrated a positive trend over the past few quarters, indicating improved profitability. From a low of -0.59% in the second quarter of 2022, the net profit margin has consistently increased to reach 14.80% in the most recent quarter. This suggests that the company has been effectively managing its costs and expenses relative to its revenue generation.
The steady improvement in the net profit margin reflects positively on the company's operational efficiency and financial performance. It indicates that Powell Industries Inc has been able to maximize its profitability by controlling costs, increasing revenues, or both. Investors and stakeholders may view this trend favorably as it demonstrates the company's ability to generate more profits from each dollar of revenue.
It is important to note that the positive trajectory of the net profit margin should be monitored over time to assess the sustainability of the company's performance. Fluctuations in economic conditions or changes in industry dynamics could impact profitability, highlighting the need for continued financial analysis and scrutiny.
Peer comparison
Sep 30, 2024