---
schema_version: "secwatch.filing_event.v1"
accession: "0000080420-24-000057"
form_type: "8-K"
ticker: "POWL"
cik: "0000080420"
company_name: "POWELL INDUSTRIES INC"
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:32:02.341508+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Powell Industries Q3 rev $288M (+50% YoY), EPS $3.79; declares $0.265 dividend

## Summary
- Revenue $288M, +50% YoY; net income $46.2M ($3.79 diluted EPS) vs $18.5M ($1.52) last year.
- Gross profit $81.7M (28.4% margin) vs $42.7M (22.2%) last year; driven by volume leverage and project execution.
- New orders $356M, backlog steady at $1.3B; notable increases in Electric Utility and Petrochemical sectors.
- Oil & Gas revenue up 56% to $114.3M; Petrochemical up 158% to $56.8M; Electric Utility up 30%.
- Board declared quarterly dividend of $0.265/share, payable Sept 18 to holders of record Aug 14.

## SEC filing metadata
- accession: 0000080420-24-000057
- form_type: 8-K
- ticker: POWL
- cik: 0000080420
- company_name: POWELL INDUSTRIES INC
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80420/000008042024000057/0000080420-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80420/000008042024000057/powl-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080420-24-000057
- JSON: https://secwatch.observer/filing/0000080420-24-000057.json
- Plain text: https://secwatch.observer/filing/0000080420-24-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.