Powell Industries Inc (POWL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 97,215 | 68,950 | 46,848 | 26,121 | 15,743 | 9,843 | 3,086 | -1,170 | -2,936 | 1,092 | 1,752 | 6,012 | 16,738 | 20,330 | 23,829 | 26,793 | 18,601 | 12,334 | 7,750 | 2,553 |
| 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 |
| Pretax margin | 12.68% | 9.85% | 7.17% | 4.36% | 2.83% | 1.84% | 0.61% | -0.24% | -0.62% | 0.23% | 0.38% | 1.31% | 3.41% | 3.92% | 4.31% | 4.70% | 3.43% | 2.39% | 1.54% | 0.52% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $97,215K ÷ $766,793K
= 12.68%
The pretax margin of Powell Industries, Inc. has shown a positive trend over the past eight quarters, indicating an improvement in the company's profitability before tax. The pretax margin increased from -0.24% in the first quarter of 2022 to 12.68% in the fourth quarter of 2023. This consistent improvement suggests that the company has been effectively managing its expenses and generating higher earnings relative to its revenue. It is essential to monitor this trend to ensure the company's continued financial health and sustainable growth.
Peer comparison
Dec 31, 2023