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Powell Industries POWL Operating Lease Liabilities

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Other financials

Income statement

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Revenue$296.6M+6.5%
Gross profit$87.9M+5.4%
Operating income$57.6M-2.3%
Net income$45.9M-1.0%
EPS (diluted)$1.25-1.6%

Balance sheet

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Cash & equivalents$537.7M+49.6%
Total debt$2.0M+38.6%
Total equity$709.1M+31.0%
Total assets$1.2B+22.2%

Cash flow

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Operating cash flow$51.2M+128%
CapEx$1.8M-55.0%
Free cash flow$49.3M+169%

Valuation

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Market cap$7.55B+168%
Enterprise value$7.02B+190%
P/E40.4×+24.3×
P/S6.7×+4.1×

Profitability

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Gross margin30.1%+1.9pp
Operating margin19.8%+0.6pp
Net margin16.5%+0.5pp
FCF margin17%

Returns & leverage

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Return on equity29.9%-7.2pp
Debt / equity0.0×
Current ratio2.3×+0.3×

Where this comes from

Reported directly by Powell Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Powell Industries’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000080420-26-000070
Line itemMarch 31, 2026September 30, 2025
Other current liabilities22,47623,908
Total Current Liabilities447,280446,387
Deferred compensation14,83113,707
Long-term operating lease liabilities1,075782
Deferred income tax liabilities5,2665,297
Other long-term liabilities2,5182,041
Total Liabilities470,970468,214
Commitments and Contingencies (Note G)

Item 1. Financial Statements

FAQ

What is Powell Industries's operating lease liabilities?
Powell Industries (POWL) reported operating lease liabilities of $1.08M in Q1 2026.
How has Powell Industries's operating lease liabilities changed year-over-year?
Powell Industries's operating lease liabilities increased by 41.3% year-over-year, from $761K to $1.08M.
What is the long-term trend for Powell Industries's operating lease liabilities?
Over 4 years (2021 to 2025), Powell Industries's operating lease liabilities has grown at a -24.5% compound annual growth rate (CAGR), from $2.41M to $782K.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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