earnings
confidence high
sentiment positive
materiality 0.80
Powell Industries Q4 EPS $3.77, revenue $275M (+32% YoY); FY2024 revenue $1.0B, EPS $12.29
POWELL INDUSTRIES INC
2024-FY EPS reported
$12.29
revenue$1,012,356,000
- Net income Q4 $46.1M ($3.77 diluted EPS) vs $26.4M ($2.17) YoY, up 74%.
- Full year net income $149.8M ($12.29 EPS) vs $54.5M ($4.50), up 175%.
- Gross margin improved to 29.2% Q4 from 24.9% YoY; full year margin 27.0%.
- Backlog remains at $1.3B; new orders Q4 $267M, full year $1.1B.
- Management expects fiscal 2025 to be another successful year with strong backlog.