Powell Industries Inc (POWL)
Operating profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 178,773 | 62,520 | 7,224 | 1,019 | 19,071 |
Revenue | US$ in thousands | 2,024,710 | 1,399,130 | 1,065,850 | 941,620 | 1,037,320 |
Operating profit margin | 8.83% | 4.47% | 0.68% | 0.11% | 1.84% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $178,773K ÷ $2,024,710K
= 8.83%
Powell Industries Inc's operating profit margin has shown an upward trend over the past five years. The margin increased significantly from 1.84% in 2020 to 8.83% in 2024, indicating improved operational efficiency and profitability. This trend suggests that the company has been able to better control its operating expenses and generate more income from its core business activities. The consistent improvement in the operating profit margin reflects positively on Powell Industries Inc's financial performance and may indicate stronger management of costs and operations. However, further analysis would be needed to assess the sustainability of this trend and its impact on the company's overall financial health.
Peer comparison
Sep 30, 2024