Powell Industries Inc (POWL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 196,088 | 168,310 | 130,159 | 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 |
| 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 |
| Pretax margin | 19.37% | 17.79% | 15.31% | 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% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $196,088K ÷ $1,012,356K
= 19.37%
Powell Industries Inc's pretax margin has shown a positive trend over the past quarters, indicating improving profitability before taxes. The pretax margin increased steadily from -0.62% in the first quarter of 2022 to 19.37% in the most recent quarter ending September 30, 2024. This suggests the company has been able to effectively manage operating expenses and generate higher profits relative to its revenue.
The significant improvement in pretax margin reflects better cost control measures and operational efficiency, leading to a higher percentage of revenue translating into pre-tax profits. The consistent growth in pretax margin demonstrates the company's ability to enhance its financial performance and potentially create more value for its stakeholders.
Overall, Powell Industries Inc's pretax margin analysis indicates a positive trajectory in terms of profitability and financial health, showcasing the company's enhanced operational effectiveness.
Peer comparison
Sep 30, 2024