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Powell Industries POWL CA — Operating Leases Rent Expense Net

Discontinued — last reported Q4 '19

Similar metrics at other companies

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CYTKCA — Operating Leases Rent Expense Net
$5.45
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KRReportable Segment Aggregation Before Other Operating — Operating Lease Expense Net Of Sublease Income
$192M-4.0%
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ARWRCalifornia — Estimated payments for operating expenses
$3M
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ARWRWI — Lease And Rental Expense
$33.95K
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ARWRCA — Lease And Rental Expense
$33.8K
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KROperating Lease Expense Net Of Sublease Income
$194M-4.4%

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$10.83B+220%
Enterprise value$10.29B+256%
P/E57.9×+38.4×
P/S9.6×+6.4×

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:OperatingLeasesRentExpenseNet.

The official record: Powell Industries’s 10-K, filed December 5, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does CA — operating leases rent expense net mean?
The net cost of renting assets under operating leases for a specific business segment.
How do you interpret CA — operating leases rent expense net?
An increase may indicate expansion of the physical footprint or higher regional operational costs, while a decrease could suggest lease consolidation or a shift toward asset ownership.
How does CA — operating leases rent expense net compare across companies?
Comparable to lease expense line items in segment reporting for industrial manufacturing peers with significant regional infrastructure requirements.