Powell Industries Inc (POWL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 178,773 | 152,461 | 116,725 | 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 |
| 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 |
| Operating profit margin | 17.66% | 16.12% | 13.73% | 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% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $178,773K ÷ $1,012,356K
= 17.66%
The operating profit margin of Powell Industries Inc has shown a positive trend over the past 9 quarters. It has steadily increased from 3.23% in December 2019 to 17.66% in September 2024, indicating a significant improvement in the company's operational efficiency and profitability. This upward trend suggests that Powell Industries has been effectively managing its operating expenses relative to its revenue, resulting in higher profitability.
The consistent growth in operating profit margin reflects the company's ability to control costs and generate more profit from its operations. The company has successfully increased its profitability over time, which is a positive sign for investors and stakeholders. This improved operating profit margin is a key indicator of the company's financial health and sustainability in the long run.
Overall, the data suggests that Powell Industries Inc has been making sound financial decisions and implementing effective strategies to enhance its operating profit margin, showcasing its capacity for generating profits from its core business activities.
Peer comparison
Sep 30, 2024