Company Quick10K Filing
Powell Industries
10-Q 2020-03-31 Filed 2020-05-06
10-Q 2019-12-31 Filed 2020-02-05
10-K 2019-09-30 Filed 2019-12-05
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-08
10-Q 2018-12-31 Filed 2019-02-06
10-K 2018-09-30 Filed 2018-12-12
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-09
10-Q 2017-12-31 Filed 2018-02-07
10-K 2017-09-30 Filed 2017-12-06
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-03
10-Q 2016-12-31 Filed 2017-02-08
10-K 2016-09-30 Filed 2016-12-07
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-05-04
10-Q 2015-12-31 Filed 2016-02-03
10-K 2015-09-30 Filed 2015-12-02
10-Q 2015-06-30 Filed 2015-08-05
10-Q 2015-03-31 Filed 2015-05-06
10-Q 2014-12-31 Filed 2015-02-04
10-K 2014-09-30 Filed 2014-12-03
10-Q 2014-06-30 Filed 2014-08-06
10-Q 2014-03-31 Filed 2014-05-07
10-Q 2013-12-31 Filed 2014-02-05
10-K 2013-09-30 Filed 2013-12-04
10-Q 2013-06-30 Filed 2013-08-07
10-Q 2013-03-31 Filed 2013-05-08
10-Q 2012-12-31 Filed 2013-02-06
10-K 2012-09-30 Filed 2012-12-05
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-09
10-Q 2011-12-31 Filed 2012-02-08
10-K 2011-09-30 Filed 2011-12-12
10-Q 2011-06-30 Filed 2011-08-08
10-Q 2011-03-31 Filed 2011-05-04
10-Q 2010-12-31 Filed 2011-02-02
10-K 2010-09-30 Filed 2010-12-08
10-Q 2010-06-30 Filed 2010-08-04
10-Q 2010-03-31 Filed 2010-05-05
10-Q 2009-12-31 Filed 2010-02-04
8-K 2020-05-05 Earnings, Other Events, Exhibits
8-K 2020-02-21 Shareholder Vote
8-K 2020-02-04 Earnings, Other Events, Exhibits
8-K 2019-12-04 Earnings, Exhibits
8-K 2019-11-07 Other Events, Exhibits
8-K 2019-10-03 Enter Agreement, Off-BS Arrangement
8-K 2019-09-23 Other Events, Exhibits
8-K 2019-08-06 Earnings, Other Events, Exhibits
8-K 2019-05-08 Officers, Exhibits
8-K 2019-05-07 Earnings, Other Events, Exhibits
8-K 2019-02-20 Shareholder Vote
8-K 2019-02-05 Earnings, Other Events, Exhibits
8-K 2018-12-21 Officers, Exhibits
8-K 2018-12-11 Earnings, Exhibits
8-K 2018-11-05 Other Events, Exhibits
8-K 2018-10-31 Officers, Other Events, Exhibits
8-K 2018-10-01 Officers
8-K 2018-08-07 Earnings, Other Events, Exhibits
8-K 2018-05-11 Officers, Other Events, Exhibits
8-K 2018-05-08 Earnings, Other Events, Exhibits
8-K 2018-02-22 Shareholder Vote
8-K 2018-02-06 Earnings, Other Events, Exhibits

Powell Industries Financials

POWL Metrics, Comps, Filings

Quarterly | Annual

Business

Powell Industries, Inc. was incorporated in the state of Delaware in 2004 as a successor to a Nevada company incorporated in 1968. The Nevada company was the successor to a company founded by William E. Powell in 1947, which merged into the Company in 1977. We are headquartered in Houston, Texas, and our major subsidiaries, all of which are wholly owned, include: Powell Electrical Systems, Inc.; Powell (UK) Limited; Powell Canada Inc. and Powell Industries International, B.V.

We develop, design, manufacture and service custom-engineered equipment and systems which (1) distribute, control and monitor the flow of electrical energy and (2) provide protection to motors, transformers and other electrically powered equipment. Our principal products include integrated power control room substations (PCRs®), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers and bus duct systems. These products are designed for application voltages ranging from 480 volts to 38,000 volts and are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquid natural gas terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, pulp and paper and other heavy industrial markets. Our product scope includes designs tested to meet both U.S. and international standards, under both the American National Standards Institute (ANSI) and International Electrotechnical Commission. We assist customers by providing value-added services such as spare parts, field service inspection, installation, commissioning, modification and repair, retrofit and retrofill components for existing systems and replacement circuit breakers for switchgear that is obsolete or that is no longer produced by the original manufacturer. We seek to establish long-term relationships with the end users of our systems as well as the design and construction engineering firms contracted by those end users. We believe that our culture of safety and focus on customer satisfaction, along with our financial strength, allow us to continue to capitalize on opportunities in the industries we serve.

References to Fiscal 2019, Fiscal 2018 and Fiscal 2017 used throughout this Annual Report relate to our fiscal years ended September 30, 2019, 2018 and 2017, respectively.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
COHU (COHU) 588,852 36% -18.1 -10% 1,071,609 579,856 611,955 217,673 -109,046 -43,746 793,884
Vishay Precision Group (VPG) 469,033 41% 10.1 6% 344,758 108,107 291,798 118,266 21,873 38,582 391,406
Powell Industries (POWL) 453,377 17% 13.7 2% 467,411 168,258 517,180 86,976 9,890 24,596 335,938
Control4 (CTRL) 439,549 51% 22.3 4% 257,357 53,508 201,247 102,755 10,381 18,838 419,457
Park Electrochemical (PKE) 389,359 32% 3.1 61% 183,529 22,726 58,185 18,804 112,399 117,379 364,128
Kimball Electronics (KE) 383,367 8% 4.7 4% 739,895 370,642 1,229,609 92,413 33,087 69,506 328,016
Allied Motion Technologies (AMOT) 345,408 29% 21.4 0% 308,242 194,446 377,055 107,684 0 21,164 453,316
Intricon (IIN) 199,875 27% -108.4 -4% 115,680 26,375 86,338 23,739 -4,545 -1,763 191,187
Sparton (SPA) 178,304 21% 7.4 1% 224,722 149,236 389,118 80,385 2,466 23,779 176,919
Transcat (TRNS) 170,111 25% 13.0 7% 115,005 52,349 169,519 41,588 8,326 14,922 193,853
Frequency Electronics (FEIM) 102,375 21% -12.5 -9% 91,949 33,781 47,998 10,268 -8,182 -7,977 99,769
Nano Dimension (NNDM) 99,041 0% 20,303 4,731 0 0 0 0 95,288
SMTC (SMTX) 78,562 9% 9.0 -3% 209,218 169,355 282,267 26,527 -6,991 12,398 112,115
RF Industries (RFIL) 77,359 28% 12.5 9% 37,700 6,167 55,325 15,638 3,521 5,201 64,819
IEC Electronics (IEC) 73,732 14% 11.0 4% 110,832 79,592 156,981 21,644 4,747 9,502 104,282
Blink Charging (BLNK) 68,017 24% -9.2 -45% 14,861 4,796 2,058 490 -6,754 -6,544 60,030
inTEST (INTT) 57,884 49% 10.5 1% 61,305 16,536 65,481 31,764 806 4,734 49,859
Pioneer Power Solutions (PPSI) 49,761 14% 5.0 22% 39,976 25,442 35,628 4,876 8,616 7,226 36,252
Data I/O (DAIO) 32,844 59% 136.9 -2% 28,079 6,645 15,700 9,271 -691 129 17,666
Wireless Telecom Group (WTT) 30,459 44% 66.7 -3% 42,094 10,767 49,443 21,949 -1,367 460 30,701

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash137,266123,466104,270128,065106,83590,04097,367114,062124,865107,748103,724101,39387,763103,11856,46455,67263,35943,56958,92457,35889,35197,72080,58293,46832,48468,35949,58748,23740,07536,58470,89585,00288,585118,639
Accounts Receivable106,809109,317130,88797,694106,872125,771118,209112,354111,494119,420100,066114,895116,342107,162131,253121,366110,093101,78482,237103,44387,876101,04888,48766,75377,54753,85278,97868,07472,68292,54889,39981,270108,551112,093
Inventory41,34436,64037,73542,76040,61632,91731,29132,24630,73428,98328,55729,43028,70932,81536,63035,73536,35232,89134,24530,22728,13826,52123,97620,36219,02818,44818,53522,01222,85421,35225,04624,72429,48429,202
PP&E59,87459,63766,50873,77477,269157,36889,194105,863123,228227,249146,272145,055147,824245,098165,426161,789162,266248,246150,195150,722147,810249,702141,450139,417138,664256,069137,269134,675130,545254,225123,838122,836121,909256,233
Assets439,782421,676426,976451,916449,481448,312440,281473,425501,212530,903519,602515,064508,349541,443520,888506,364503,423468,824457,900460,759460,406462,516436,992419,959424,329414,986405,653400,137408,650429,951410,022413,604437,106467,411
Accounts Payable46,77756,89351,60460,23454,82748,49039,62251,08553,75458,50150,53949,85547,05670,20959,61053,33954,25348,00845,58242,83835,92534,98532,67027,67225,21833,26928,78035,21033,72640,71431,96333,56538,48351,180
Long-Term Debt4,3874,3013,8033,7124,0004,3553,2003,2003,2003,6162,8002,8002,8003,2002,8002,8002,8002,8002,4002,4002,4002,4002,0002,0002,0002,0001,6001,6001,6001,6001,2001,2001,2001,200
Liabilities152,705146,333153,511169,442153,156138,209122,147148,767168,083175,677160,046143,517133,234170,346156,733161,337157,775135,562132,818127,725125,806127,199106,94192,00799,22993,69092,67993,745107,203128,307117,664121,310141,447168,258
Stockholders' Equity287,077275,343273,465282,474296,325310,103318,134324,658333,129355,226359,556371,547375,115371,097364,155345,027345,648333,262325,082333,034334,600335,317330,051327,952325,100321,296312,974306,392301,447301,644292,358292,294295,659299,153
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue194,093184,159153,941153,915179,519187,397122,130134,897109,351123,737135,588148,504
Cost of Revenue150,250142,679120,157122,200141,034144,545103,755110,89294,720103,662111,873119,949
Gross Profit23,49824,92420,37834,23743,84341,48033,78431,71538,48542,85235,15834,92829,64225,74621,06924,30132,94429,94723,15030,09427,28525,67614,99915,8229,05410,89410,55412,42118,37524,00514,63120,07523,71528,555
R&D1,8392,1571,7911,8211,8401,6261,6421,8721,8541,9591,6401,2781,4691,6231,7262,0881,6581,6361,6321,7911,6941,6631,6311,339
SG&A19,41023,18219,76321,52324,82622,83522,37324,06023,80513,30121,63222,08823,02421,00620,81619,46418,01318,50819,40019,02419,36217,13715,69815,99414,76115,07116,21516,07316,17418,30615,92817,19517,11719,710
Tax1,1222,7721,6104,5656,1416,2613,5692,0923,203-2083,9374,0552,233842-9916,3795,1852,979-1,0477271,1641,439-1,441-1,345-3,683-964-1,071-1,7603881,896-2394057971,481
Net Income1,707-9,353-1,7457,41112,13811,8537,3856,8189,30518,5688,25515,5932,9472,430-239-3,6837,0496,312-4595,5674,8945,508-300-829-3,215-5,142-5,662-3,3303011,539-2,6959585,0896,538
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-9,754-9,86033,237-16,918-12,42421,20435,97231,4903,0965,349-12,127-7,83523,741-22,72822,690-5,67024,0651,14336,59213,1063,37416,2967,4549,691-14,0603,453-2,4869,10916,9387,88834,824
Cash Investing-4,229-8,320-9,564-6,504-3,480-13,351-19,280-20,386-20,467-5,76412,179-2,774-5,199-18,931-5,546-412-617-470-791-979-15,802-774-66,59827,870-858-2,2222,0694,997259-1,247-1,045
Cash Financing-143-6122311,803-151-675-23-18264-3,933-2,974-2,955-2,644-3,982-9,826-12,142-7,927-2,942-3,153-3,350-3,764-2,968-2,970-2,971-3,815-2,977-3,116-4,123-3,412-3,007-3,310