Powell Industries (POWL) Tax Rate (2010 - 2026)
Powell Industries (POWL) posted quarterly Tax Rate of 25.73% for Q1 2026, down 11.0% year-over-year from 28.91% in Q1 2025, and up 114.35% quarter-over-quarter from 12.0% in Q4 2025.
Powell Industries (POWL) Tax Rate (2010 - 2026) Analysis & Trends
Powell Industries (POWL) has reported Tax Rate for 17 consecutive years, with 25.73% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 11.0% year-over-year to 25.73%; the TTM figure through Mar 2026 stood at 22.26% (down 41.0% YoY), while the FY2025 annual figure was 22.61%, down 97.0% from the prior year.
- Tax Rate improved to 25.73% in Q1 2026 per POWL's latest filing, from 12.0% in the prior quarter.
- Across five years, Tax Rate topped out at 304.54% in Q1 2022 and bottomed at 210.52% in Q2 2022.
- Historically, Tax Rate has averaged 24.77% across 5 years, with a median of 23.75% in 2024.
- On a YoY basis, Tax Rate climbed as much as 23247 bps in 2023 and fell as far as 28175 bps in 2023.
- Powell Industries' Tax Rate stood at 27.96% in 2022, then plunged by 31 bps to 19.39% in 2023, then slumped by 39 bps to 11.85% in 2024, then increased by 1 bps to 12.0% in 2025, then jumped by 114 bps to 25.73% in 2026.
- Business Quant data shows POWL's Tax Rate at 25.73% in Q1 2026, 12.0% in Q4 2025, and 23.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 19.71% |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.75% |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 20.25% |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 23.48% |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 18.17% |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 23.87% |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 24.54% |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 13.75% |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -0.11% |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 Mn | 23.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.54% |
| Jun 30, 2026 | 24.54% |
| Jun 30, 2026 | 24.54% |
| Mar 31, 2026 | 25.73% |
| Mar 31, 2026 | 25.73% |
| Mar 31, 2026 | 25.73% |
| Dec 31, 2025 | 12.00% |
| Dec 31, 2025 | 12.00% |
| Dec 31, 2025 | 12.00% |
| Sep 30, 2025 | 23.87% |
| Sep 30, 2025 | 23.87% |
| Sep 30, 2025 | 23.87% |
| Jun 30, 2025 | 24.75% |
| Jun 30, 2025 | 24.75% |
| Jun 30, 2025 | 24.75% |
| Mar 31, 2025 | 25.84% |
| Mar 31, 2025 | 25.84% |
| Mar 31, 2025 | 25.84% |
| Dec 31, 2024 | 11.85% |
| Dec 31, 2024 | 11.85% |