Powell Industries (POWL) Gross Margin (2010 - 2026)
Powell Industries (POWL) posted quarterly Gross Margin of 29.65% for Q1 2026, down 30.0% year-over-year from 42.35% in Q1 2025, and up 4.27% quarter-over-quarter from 28.43% in Q4 2025.
Powell Industries (POWL) Gross Margin (2010 - 2026) Analysis & Trends
Powell Industries (POWL) has reported Gross Margin for 17 consecutive years, with 29.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 30.0% year-over-year to 29.65%; the TTM figure through Mar 2026 stood at 30.1% (up 194.0% YoY), while the FY2025 annual figure was 29.37%, up 240.0% from the prior year.
- Gross Margin rose to 29.65% in Q1 2026 per POWL's latest filing, from 28.43% in the prior quarter.
- Across five years, Gross Margin topped out at 31.39% in Q3 2025 and bottomed at 14.07% in Q2 2022.
- Historically, Gross Margin has averaged 24.31% across 5 years, with a median of 24.84% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 76 bps — and 2023, when it soared 950 bps.
- Powell Industries' Gross Margin stood at 15.34% in 2022, then surged by 62 bps to 24.84% in 2023, then dropped by 1 bps to 24.65% in 2024, then rose by 15 bps to 28.43% in 2025, then climbed by 4 bps to 29.65% in 2026.
- Business Quant data shows POWL's Gross Margin at 29.65% in Q1 2026, 28.43% in Q4 2025, and 31.39% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 33.38% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 37.93% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 48.70% |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 22.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.57% |
| Mar 31, 2026 | 29.65% |
| Dec 31, 2025 | 28.43% |
| Sep 30, 2025 | 31.39% |
| Jun 30, 2025 | 30.70% |
| Mar 31, 2025 | 29.94% |
| Dec 31, 2024 | 24.65% |
| Sep 30, 2024 | 29.24% |
| Jun 30, 2024 | 28.37% |
| Mar 31, 2024 | 24.59% |
| Dec 31, 2023 | 24.84% |
| Sep 30, 2023 | 24.91% |
| Jun 30, 2023 | 22.18% |
| Mar 31, 2023 | 19.50% |
| Dec 31, 2022 | 15.34% |
| Sep 30, 2022 | 20.56% |
| Jun 30, 2022 | 14.07% |
| Mar 31, 2022 | 14.93% |
| Dec 31, 2021 | 12.61% |
| Sep 30, 2021 | 17.36% |