Powell Industries Inc (POWL)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 196,088 | 68,950 | 9,843 | 1,092 | 20,330 |
| Revenue | US$ in thousands | 2,024,710 | 1,399,130 | 1,065,850 | 941,620 | 1,037,320 |
| Pretax margin | 9.68% | 4.93% | 0.92% | 0.12% | 1.96% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $196,088K ÷ $2,024,710K
= 9.68%
From 2020 to 2024, Powell Industries Inc's pretax margin has shown an increasing trend. The pretax margin rose from 1.96% in 2020 to 9.68% in 2024. The significant improvement in pretax margin indicates that the company has become more efficient in managing its operating expenses and generating profit before taxes. This could be attributed to better cost control, increased revenue, or a combination of both factors. The upward trend in pretax margin reflects positively on Powell Industries Inc's financial performance and operational efficiency over the years.
Peer comparison
Sep 30, 2024