Powell Industries Inc (POWL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 87,310 | 62,520 | 43,078 | 22,375 | 12,604 | 7,224 | 726 | -1,482 | -2,952 | 1,018 | 1,137 | 5,280 | 15,732 | 19,071 | 22,771 | 25,627 | 17,515 | 11,461 | 6,855 | 1,740 |
| 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 |
| Operating profit margin | 11.39% | 8.93% | 6.59% | 3.74% | 2.27% | 1.35% | 0.14% | -0.31% | -0.63% | 0.22% | 0.25% | 1.15% | 3.20% | 3.68% | 4.12% | 4.50% | 3.23% | 2.22% | 1.36% | 0.36% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $87,310K ÷ $766,793K
= 11.39%
The operating profit margin of Powell Industries, Inc. has shown a generally positive trend over the past eight quarters. The margin has been steadily increasing, indicating the company's ability to control its operating expenses and generate higher profits from its core business activities.
The operating profit margin was 11.39% at the end of December 2023, reflecting an improvement from the previous quarters. This suggests that the company's operating efficiency and cost management have been strong during this period.
The consistent increase in the operating profit margin from a low of -0.31% in March 2022 to 11.39% in December 2023 demonstrates a positive trajectory for the company's profitability. This improvement may indicate effective operational strategies and better utilization of resources, leading to enhanced profitability.
Overall, the trend in Powell Industries, Inc.'s operating profit margin reveals a positive performance in terms of generating profits from its core business operations, which may be indicative of effective cost control and operational management.
Peer comparison
Dec 31, 2023