Powell Industries (POWL) Operating Margin (2010 - 2026)
Powell Industries' (POWL) quarterly Operating Margin came in at 19.41% in Q1 2026, down 173.0% year-on-year from 26.59% in Q1 2025, and up 14.01% on a QoQ basis from 17.03% in Q4 2025.
Powell Industries (POWL) Operating Margin (2010 - 2026) Analysis & Trends
Powell Industries (POWL) has 17 years of Operating Margin data on file, last reported at 19.41% in Q1 2026.
- On a quarterly basis, Operating Margin fell 173.0% year-over-year to 19.41% in Q1 2026; TTM through Mar 2026 was 19.76%, a 57.0% increase from a year earlier, with the FY2025 full-year figure at 19.73%, up 207.0% from the prior year.
- Operating Margin for Q1 2026 stood at 19.41%, up from 17.03% in the prior quarter.
- Over the last five years, Operating Margin for POWL reached as high as 21.22% in Q3 2025 and fell as low as 0.24% in Q1 2022.
- Historically, Operating Margin has averaged 13.12% across 5 years, with a median of 14.73% in 2024.
- Across the five-year window, Operating Margin jumped 1248 bps in 2023 and sank 173 bps in 2026, its largest moves.
- Year by year, Operating Margin stood at 0.86% in 2022, then soared by 1452 bps to 13.34% in 2023, then rose by 10 bps to 14.73% in 2024, then grew by 16 bps to 17.03% in 2025, then rose by 14 bps to 19.41% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 19.41% in Q1 2026, 17.03% in Q4 2025, and 21.22% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 12.10% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 9.61% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 17.39% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 15.76% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 13.37% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 16.14% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 19.41% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 12.52% |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | 16.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.41% |
| Dec 31, 2025 | 17.03% |
| Sep 30, 2025 | 21.22% |
| Jun 30, 2025 | 21.00% |
| Mar 31, 2025 | 21.15% |
| Dec 31, 2024 | 14.73% |
| Sep 30, 2024 | 20.40% |
| Jun 30, 2024 | 19.88% |
| Mar 31, 2024 | 15.48% |
| Dec 31, 2023 | 13.34% |
| Sep 30, 2023 | 14.28% |
| Jun 30, 2023 | 11.20% |
| Mar 31, 2023 | 5.88% |
| Dec 31, 2022 | 0.86% |
| Sep 30, 2022 | 6.37% |
| Jun 30, 2022 | 0.63% |
| Mar 31, 2022 | 0.24% |
| Dec 31, 2021 | -4.03% |
| Sep 30, 2021 | 2.98% |
| Jun 30, 2021 | -1.17% |