Powell Industries (POWL) Operating Margin (2010 - 2026)
Powell Industries (POWL) reported Operating Margin of 19.41% for Q1 2026, down 173.0% year-over-year from 26.59% in Q1 2025, and up 14.01% quarter-over-quarter 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.
- Operating Margin for Q1 2026 came in at 19.41%, down 173.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.76% (up 57.0% YoY), and the FY2025 annual result was 19.73%, up 207.0% from the prior year.
- Operating Margin improved to 19.41% in Q1 2026 per POWL's latest filing, from 17.03% in the prior quarter.
- Over five years, Operating Margin peaked at 21.22% in Q3 2025 and troughed at 0.24% in Q1 2022.
- A 5-year average of 13.12% and a median of 14.73% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2026: Operating Margin soared 1248 bps in 2023, then tumbled 173 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 0.86% in 2022, then soared by 1452 bps to 13.34% in 2023, then climbed by 10 bps to 14.73% in 2024, then gained by 16 bps to 17.03% in 2025, then climbed by 14 bps to 19.41% in 2026.
- Business Quant data shows POWL's Operating Margin at 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 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 9.61% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 15.76% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 17.39% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 13.37% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 19.41% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -33.48% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 12.60% |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 12.52% |
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% |