Powell Industries (POWL)
Market Price (8/22/2026): $198.5 | Market Cap: $7.2 BilSector: Industrials | Industry: Electrical Components & Equipment
Powell Industries (POWL)
Market Price (8/22/2026): $198.5Market Cap: $7.2 BilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21% Megatrend and thematic driversMegatrends include Sustainable Infrastructure, and Hydrogen Economy. Themes include Smart Grid Technologies, Renewable Energy Equipment, Show more. | Stock price has recently run up significantly12M Rtn12 month market price return is 137% Key risksPOWL key risks include [1] declining revenue from its core oil & gas and petrochemical markets, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21% |
| Megatrend and thematic driversMegatrends include Sustainable Infrastructure, and Hydrogen Economy. Themes include Smart Grid Technologies, Renewable Energy Equipment, Show more. |
| Stock price has recently run up significantly12M Rtn12 month market price return is 137% |
| Key risksPOWL key risks include [1] declining revenue from its core oil & gas and petrochemical markets, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/18/2026
Powell Industries (POWL) stock has lost about 30% since 4/30/2026 because of the following key factors:
1. Powell Industries (POWL) reported a fiscal third quarter 2026 earnings and revenue miss, contributing to a significant stock decline. The company, which operates on a fiscal year ending September 30, announced results for its fiscal Q3 2026 (ended June 30, 2026) on August 3, 2026. It reported diluted earnings per share (EPS) of $1.42, falling short of analysts' consensus estimates of $1.47 to $1.49. Additionally, quarterly revenue of $311.7 million missed analyst forecasts ranging from $316.7 million to $318 million. This represented the second consecutive quarter the company failed to meet profit expectations, leading to a 13.5% drop in the stock during pre-market trading on August 4, 2026.
2. The stock was subject to profit-taking and de-risking due to a stretched valuation following a strong run-up. Even prior to the fiscal Q3 2026 earnings, Powell Industries was noted for carrying a "stretched valuation." On June 9, 2026, the stock was approximately 15% below its 52-week high of $328.00 (reached on May 11, 2026), with analysts highlighting the decline as a "valuation story rather than an operational one." By August 18, 2026, POWL was trading at $203.55, significantly above its estimated fair value (138.3% higher than its GF Value™ of $85.42), and had a trailing price-to-earnings (P/E) ratio of 39.1x, compared to its 5-year median of 22.7x, indicating it was significantly overvalued.
Show more
Powell Industries (POWL) stock has lost about 30% since 4/30/2026 because of the following key factors:
1. Powell Industries (POWL) reported a fiscal third quarter 2026 earnings and revenue miss, contributing to a significant stock decline. The company, which operates on a fiscal year ending September 30, announced results for its fiscal Q3 2026 (ended June 30, 2026) on August 3, 2026. It reported diluted earnings per share (EPS) of $1.42, falling short of analysts' consensus estimates of $1.47 to $1.49. Additionally, quarterly revenue of $311.7 million missed analyst forecasts ranging from $316.7 million to $318 million. This represented the second consecutive quarter the company failed to meet profit expectations, leading to a 13.5% drop in the stock during pre-market trading on August 4, 2026.
2. The stock was subject to profit-taking and de-risking due to a stretched valuation following a strong run-up. Even prior to the fiscal Q3 2026 earnings, Powell Industries was noted for carrying a "stretched valuation." On June 9, 2026, the stock was approximately 15% below its 52-week high of $328.00 (reached on May 11, 2026), with analysts highlighting the decline as a "valuation story rather than an operational one." By August 18, 2026, POWL was trading at $203.55, significantly above its estimated fair value (138.3% higher than its GF Value™ of $85.42), and had a trailing price-to-earnings (P/E) ratio of 39.1x, compared to its 5-year median of 22.7x, indicating it was significantly overvalued.
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Updated on 8/18/2026
Powell Industries (POWL) stock has lost about 30% since 4/30/2026 because of the following key factors:
1. Powell Industries (POWL) reported a fiscal third quarter 2026 earnings and revenue miss, contributing to a significant stock decline. The company, which operates on a fiscal year ending September 30, announced results for its fiscal Q3 2026 (ended June 30, 2026) on August 3, 2026. It reported diluted earnings per share (EPS) of $1.42, falling short of analysts' consensus estimates of $1.47 to $1.49. Additionally, quarterly revenue of $311.7 million missed analyst forecasts ranging from $316.7 million to $318 million. This represented the second consecutive quarter the company failed to meet profit expectations, leading to a 13.5% drop in the stock during pre-market trading on August 4, 2026.
2. The stock was subject to profit-taking and de-risking due to a stretched valuation following a strong run-up. Even prior to the fiscal Q3 2026 earnings, Powell Industries was noted for carrying a "stretched valuation." On June 9, 2026, the stock was approximately 15% below its 52-week high of $328.00 (reached on May 11, 2026), with analysts highlighting the decline as a "valuation story rather than an operational one." By August 18, 2026, POWL was trading at $203.55, significantly above its estimated fair value (138.3% higher than its GF Value™ of $85.42), and had a trailing price-to-earnings (P/E) ratio of 39.1x, compared to its 5-year median of 22.7x, indicating it was significantly overvalued.
3. Significant insider selling activity, exceeding $5 million, signaled a lack of confidence from key stakeholders. Over the 90-day period leading up to August 2026, Powell Industries experienced net insider selling totaling approximately $11.2 million. A notable transaction included Thomas W. Powell, a 10% owner, selling shares worth $10,000,291 on June 25, 2026. These substantial sales by insiders contributed to investor caution.
4. Sector-wide selling and macroeconomic factors, including interest rate concerns, added to the downward pressure. On August 18, 2026, Powell Industries' shares fell 6.0% amid a broad selloff in the electrical equipment sector, with multiple peers also experiencing declines, suggesting wider market pressures rather than solely company-specific issues. Earlier, on June 9, 2026, reports indicated that investors were de-risking high-beta industrial stocks, like POWL, due to their sensitivity to interest-rate concerns and broader market volatility.
Show less
Powell Industries (POWL) stock has lost about 30% since 4/30/2026 because of the following key factors:
1. Powell Industries (POWL) reported a fiscal third quarter 2026 earnings and revenue miss, contributing to a significant stock decline. The company, which operates on a fiscal year ending September 30, announced results for its fiscal Q3 2026 (ended June 30, 2026) on August 3, 2026. It reported diluted earnings per share (EPS) of $1.42, falling short of analysts' consensus estimates of $1.47 to $1.49. Additionally, quarterly revenue of $311.7 million missed analyst forecasts ranging from $316.7 million to $318 million. This represented the second consecutive quarter the company failed to meet profit expectations, leading to a 13.5% drop in the stock during pre-market trading on August 4, 2026.
2. The stock was subject to profit-taking and de-risking due to a stretched valuation following a strong run-up. Even prior to the fiscal Q3 2026 earnings, Powell Industries was noted for carrying a "stretched valuation." On June 9, 2026, the stock was approximately 15% below its 52-week high of $328.00 (reached on May 11, 2026), with analysts highlighting the decline as a "valuation story rather than an operational one." By August 18, 2026, POWL was trading at $203.55, significantly above its estimated fair value (138.3% higher than its GF Value™ of $85.42), and had a trailing price-to-earnings (P/E) ratio of 39.1x, compared to its 5-year median of 22.7x, indicating it was significantly overvalued.
3. Significant insider selling activity, exceeding $5 million, signaled a lack of confidence from key stakeholders. Over the 90-day period leading up to August 2026, Powell Industries experienced net insider selling totaling approximately $11.2 million. A notable transaction included Thomas W. Powell, a 10% owner, selling shares worth $10,000,291 on June 25, 2026. These substantial sales by insiders contributed to investor caution.
4. Sector-wide selling and macroeconomic factors, including interest rate concerns, added to the downward pressure. On August 18, 2026, Powell Industries' shares fell 6.0% amid a broad selloff in the electrical equipment sector, with multiple peers also experiencing declines, suggesting wider market pressures rather than solely company-specific issues. Earlier, on June 9, 2026, reports indicated that investors were de-risking high-beta industrial stocks, like POWL, due to their sensitivity to interest-rate concerns and broader market volatility.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -28.7% change in POWL stock from 4/30/2026 to 8/21/2026 was primarily driven by a -29.8% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 8212026 | Change |
|---|---|---|---|
| Stock Price ($) | 277.05 | 197.67 | -28.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,114 | 1,158 | 3.9% |
| Net Income Margin (%) | 16.8% | 16.5% | -2.0% |
| P/E Multiple | 53.7 | 37.7 | -29.8% |
| Shares Outstanding (Mil) | 36 | 36 | -0.3% |
| Cumulative Contribution | -28.7% |
Market Drivers
4/30/2026 to 8/21/2026| Return | Correlation | |
|---|---|---|
| POWL | -28.7% | |
| Market (SPY) | 6.5% | 55.6% |
| Sector (XLI) | 3.2% | 64.8% |
Fundamental Drivers
The 33.9% change in POWL stock from 1/31/2026 to 8/21/2026 was primarily driven by a 27.5% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 8212026 | Change |
|---|---|---|---|
| Stock Price ($) | 147.68 | 197.67 | 33.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,104 | 1,158 | 4.8% |
| Net Income Margin (%) | 16.4% | 16.5% | 0.7% |
| P/E Multiple | 29.6 | 37.7 | 27.5% |
| Shares Outstanding (Mil) | 36 | 36 | -0.6% |
| Cumulative Contribution | 33.9% |
Market Drivers
1/31/2026 to 8/21/2026| Return | Correlation | |
|---|---|---|
| POWL | 33.9% | |
| Market (SPY) | 11.0% | 49.9% |
| Sector (XLI) | 9.3% | 62.4% |
Fundamental Drivers
The 150.9% change in POWL stock from 7/31/2025 to 8/21/2026 was primarily driven by a 129.3% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8212026 | Change |
|---|---|---|---|
| Stock Price ($) | 78.78 | 197.67 | 150.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,083 | 1,158 | 6.9% |
| Net Income Margin (%) | 16.0% | 16.5% | 3.0% |
| P/E Multiple | 16.5 | 37.7 | 129.3% |
| Shares Outstanding (Mil) | 36 | 36 | -0.6% |
| Cumulative Contribution | 150.9% |
Market Drivers
7/31/2025 to 8/21/2026| Return | Correlation | |
|---|---|---|
| POWL | 150.9% | |
| Market (SPY) | 22.2% | 47.9% |
| Sector (XLI) | 19.8% | 55.9% |
Fundamental Drivers
The 893.6% change in POWL stock from 7/31/2023 to 8/21/2026 was primarily driven by a 258.5% change in the company's Net Income Margin (%).| (LTM values as of) | 7312023 | 8212026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.89 | 197.67 | 893.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 596 | 1,158 | 94.1% |
| Net Income Margin (%) | 4.6% | 16.5% | 258.5% |
| P/E Multiple | 25.8 | 37.7 | 46.0% |
| Shares Outstanding (Mil) | 36 | 36 | -2.2% |
| Cumulative Contribution | 893.6% |
Market Drivers
7/31/2023 to 8/21/2026| Return | Correlation | |
|---|---|---|
| POWL | 893.6% | |
| Market (SPY) | 73.2% | 35.9% |
| Sector (XLI) | 70.0% | 41.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| POWL Return | 4% | 24% | 156% | 152% | 44% | 86% | 2132% |
| Peers Return | 44% | -17% | 46% | 29% | 15% | 34% | 250% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| POWL Win Rate | 42% | 58% | 67% | 67% | 67% | 75% | |
| Peers Win Rate | 65% | 37% | 62% | 65% | 55% | 62% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| POWL Max Drawdown | -36% | -37% | -18% | -37% | -50% | -42% | |
| Peers Max Drawdown | -17% | -37% | -26% | -20% | -33% | -22% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ETN, HUBB, AZZ, NVT, GNRC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/21/2026 (YTD)
How Low Can It Go
| Event | POWL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -20.0% | -18.8% |
| % Gain to Breakeven | 24.9% | 23.1% |
| Time to Breakeven | 20 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -35.7% | -24.5% |
| % Gain to Breakeven | 55.5% | 32.4% |
| Time to Breakeven | 57 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -57.0% | -33.7% |
| % Gain to Breakeven | 132.5% | 50.9% |
| Time to Breakeven | 355 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -34.2% | -19.2% |
| % Gain to Breakeven | 52.1% | 23.8% |
| Time to Breakeven | 137 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -20.2% | -3.7% |
| % Gain to Breakeven | 25.3% | 3.9% |
| Time to Breakeven | 503 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -16.1% | -12.2% |
| % Gain to Breakeven | 19.2% | 13.9% |
| Time to Breakeven | 27 days | 62 days |
In The Past
Powell Industries's stock fell -20.0% during the 2025 US Tariff Shock. Such a loss loss requires a 24.9% gain to breakeven.
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Asset Allocation
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| Event | POWL | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -35.7% | -24.5% |
| % Gain to Breakeven | 55.5% | 32.4% |
| Time to Breakeven | 57 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -57.0% | -33.7% |
| % Gain to Breakeven | 132.5% | 50.9% |
| Time to Breakeven | 355 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -34.2% | -19.2% |
| % Gain to Breakeven | 52.1% | 23.8% |
| Time to Breakeven | 137 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -20.2% | -3.7% |
| % Gain to Breakeven | 25.3% | 3.9% |
| Time to Breakeven | 503 days | 6 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -54.6% | -6.8% |
| % Gain to Breakeven | 120.3% | 7.3% |
| Time to Breakeven | 1401 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -30.1% | -17.9% |
| % Gain to Breakeven | 43.0% | 21.8% |
| Time to Breakeven | 310 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -25.0% | -15.4% |
| % Gain to Breakeven | 33.3% | 18.2% |
| Time to Breakeven | 29 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -61.5% | -53.4% |
| % Gain to Breakeven | 159.6% | 114.4% |
| Time to Breakeven | 1556 days | 1085 days |
In The Past
Powell Industries's stock fell -20.0% during the 2025 US Tariff Shock. Such a loss loss requires a 24.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Powell Industries (POWL)
Powell Industries (POWL) specializes in designing, manufacturing, and servicing custom-engineered equipment and systems critical for the robust distribution, precise control, and effective monitoring of electrical energy. The company's core business revolves around providing highly reliable electrical infrastructure solutions, primarily for medium-voltage applications, catering to the demanding needs of heavy industrial environments globally.
The company's product offerings include essential electrical components and integrated systems such as power control room substations, custom-engineered modules, electrical houses, and both traditional and arc-resistant distribution switchgears and control gears. They also provide medium-voltage circuit breakers, motor control centers, and bus duct systems. Beyond manufacturing, Powell offers comprehensive value-added services, including spare parts, field service inspections, installation, commissioning, modifications, repairs, and retrofitting components for existing systems.
Powell Industries serves a diverse range of heavy industrial markets worldwide. Its specialized electrical solutions are vital for sectors like oil and gas refining, onshore and offshore oil and gas production, petrochemicals, liquid natural gas terminals, and pipelines. Other key markets include mining and metals, light rail traction power, electric utilities, and pulp and paper industries. The company operates internationally, with a significant presence across the United States, Canada, the Middle East, Africa, Europe, Mexico, and Central and South America.
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Here are a few analogies to describe Powell Industries (POWL):
It's like a highly specialized Eaton or ABB, building custom industrial electrical 'nervous systems' for large facilities.
Think of it as a custom-focused Siemens or Schneider Electric, providing specialized electrical power infrastructure for heavy industrial sectors like oil & gas and mining.
AI Analysis | Feedback
Here are the major products and services for Powell Industries (POWL):
- Integrated Power Control Room Substations: Custom-engineered units that combine various electrical control and distribution functions into a single structure.
- Custom-Engineered Modules & Electrical Houses: Specialized modular enclosures and buildings designed to house electrical equipment.
- Medium-Voltage Circuit Breakers: Devices used to protect electrical circuits from overcurrents or short circuits at medium voltage levels.
- Monitoring and Control Communications Systems: Solutions for tracking, managing, and communicating the status and flow of electrical energy.
- Motor Control Centers: Assemblies of one or more enclosed sections containing motor starter units and a common power bus.
- Bus Duct Systems: Enclosed electrical distribution systems that efficiently convey power.
- Distribution Switchgears & Control Gears: Equipment, including arc-resistant types, used to control, protect, and isolate electrical circuits and equipment.
- Spare Parts & Replacement Components: Provision of individual parts, including circuit breakers, for existing electrical systems and equipment.
- Field Service & Installation: On-site services encompassing inspection, installation, commissioning, modification, and repair of electrical systems.
- Retrofit & Retrofill Services: Upgrading and replacing components within existing systems to enhance performance or extend lifespan.
AI Analysis | Feedback
Powell Industries (POWL) primarily sells its custom-engineered equipment and systems to other companies within various heavy industrial sectors. Based on the provided background information, specific customer company names are not disclosed. However, its major customers operate within the following industries:
- Oil and Gas (including refining, onshore and offshore production, petrochemical, liquid natural gas terminals, pipeline, and terminal operations)
- Mining and Metals
- Light Rail Traction Power
- Electric Utility
- Pulp and Paper
- Other Heavy Industrial Markets
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Brett A. Cope, Chairman, President, and Chief Executive Officer
Brett A. Cope joined Powell Industries in 2011 as Vice President of Sales and Marketing. He was promoted to Chief Operating Officer in 2015 and then to President and Chief Executive Officer in October 2016. In 2019, he was elected Chairman of the Board of Directors. Prior to joining Powell Industries, Mr. Cope served as Group Vice President for ABB Ltd., where he was responsible for the strategic development and execution of global business initiatives for ABB's activities with ExxonMobil Corporation. He spent 20 years at ABB, beginning in 1990, holding various roles within Engineering, Project operations, and Sales management.
Michael W. Metcalf, Executive Vice President, Chief Financial Officer, Secretary, and Treasurer
Michael W. Metcalf joined Powell Industries in November 2018 as Executive Vice President and was named Chief Financial Officer in December 2018. He brings over 30 years of international finance experience from the power generation and construction, aviation, and oil and gas industries. Before joining Powell, Mr. Metcalf began his career at Dresser-Rand, a Siemens Business, in 1991, where he held various financial roles. He then joined General Electric Company in 1998, serving in roles of increasing responsibility in project finance, FP&A, commercial finance, and supply chain. Most recently at GE, he served as the Chief Financial Officer of Aeroderivative Products with General Electric Company and previously as Chief Financial Officer of Artificial Lift Systems at Baker Hughes, a GE Company.
Terry McKertcher, Vice President of Operations
Terry McKertcher is the Vice President of Operations at Powell Industries. Further specific background details were not readily available in the provided search results.
Milburn E. Honeycutt, Vice President, Chief Accounting Officer, and Controller
Milburn E. Honeycutt serves as the Vice President, Chief Accounting Officer, and Controller at Powell Industries. His prior experience includes roles as Senior Vice President of Operations Administration and Senior Vice President of Finance at Comfort Systems USA, and Vice President and Controller at Synagro.
AI Analysis | Feedback
The key risks to Powell Industries (POWL) primarily stem from its exposure to cyclical end markets, intense competition, and the inherent volatility of its project-based revenue model.
- Cyclicality and Dependence on End Markets: Powell Industries' business is heavily influenced by the cyclical nature of its primary end markets, including oil and gas, petrochemicals, and more recently, data centers. Fluctuations in these industries, driven by factors such as commodity prices, capital expenditure trends, and technological shifts, can significantly impact demand for Powell's custom-engineered electrical equipment and systems. For instance, a decline in oil and gas prices or a slowdown in data center buildouts can lead to project delays, cancellations, and reduced demand for Powell's products, ultimately affecting its revenue and profitability.
- Intense Competition and Pricing Pressure: The company operates in a highly competitive industry with the presence of larger, well-established players. This competitive environment can lead to pricing pressure, which may erode Powell's margins and profitability, particularly as market supply normalizes after periods of high demand. The need to maintain a competitive edge requires continuous investment in product development and operational efficiency.
- Project-Based Revenue Volatility and Backlog Management: A significant portion of Powell's revenue is derived from large, complex, and often non-recurring projects. The timing and successful execution of these projects are critical. Delays, changes in customer requirements, or even cancellations can cause material fluctuations in the company's revenues and gross profits from period to period. While the company often maintains a substantial backlog, managing this backlog effectively and securing new orders to sustain growth, especially amidst macroeconomic uncertainties, remains a key challenge.
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Powell Industries, Inc. operates in several significant addressable markets related to electrical energy distribution, control, and monitoring. The global market sizes for their main products and services are outlined below:
- E-Houses (Electrical Houses/Integrated Power Control Room Substations/Custom-engineered modules): The global E-House market was valued at approximately USD 1.59 billion in 2024 and is estimated to reach USD 2.98 billion by 2035, growing at a CAGR of 5.9% between 2025 and 2035. Other estimates for the global E-House market include USD 1.86 billion in 2025, projected to reach USD 3.33 billion by 2034. The North American E-House market was worth USD 0.48 billion in 2024 and is projected to reach USD 0.67 billion by 2032. North America dominated the E-House market, accounting for 44% of the revenue share in 2024.
- Medium-Voltage Switchgear: The global medium voltage switchgear market size was valued at USD 102.74 billion in 2024 and is projected to grow to USD 170.65 billion by 2033. Another source indicates the global market size was USD 57 billion in 2025 and is expected to reach USD 108 billion by 2035. Yet another report stated the market was USD 19.26 billion in 2025 and is projected to reach USD 28.54 billion by 2034. Asia Pacific is a leading region in the global medium voltage switchgear market.
- Motor Control Centers (MCCs): The global motor control centers market size was approximately USD 6.36 billion in 2025 and is projected to exceed USD 11.94 billion by 2035. Other reports show the global market valued at USD 6.57 billion in 2025, projected to reach USD 12.91 billion by 2034, or USD 6.5 billion in 2024, estimated to reach USD 10.2 billion by 2033. Asia Pacific accounted for the largest share of the global motor control centers market in 2025.
- Electrical Control Room Systems (related to Monitoring and Control Communications Systems): The global electrical control room market size was valued at USD 4.5 billion in 2023 and is projected to reach USD 6.8 billion by 2032. The Asia Pacific region is expected to have the highest growth rate in this market.
- Electric Power Transmission and Distribution Equipment (broader category including many of Powell's products): The global electric power transmission and distribution equipment market size was estimated at USD 202.6 billion in 2021 and is projected to reach USD 326.5 billion by 2030. More recent estimates show the global market size at USD 259.98 billion in 2025, set to surpass USD 483.46 billion by 2035, or USD 256.70 billion in 2025, expected to increase to approximately USD 453.09 billion by 2035. Asia Pacific dominated the electric power transmission and distribution equipment market with a share of 52.40% in 2021.
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Powell Industries (POWL) is expected to drive future revenue growth over the next 2-3 years through several key areas:
- Strong Backlog and Order Conversion: Powell Industries reported a record backlog of $1.6 billion at the end of the first fiscal quarter of 2026, with 60% of this backlog anticipated to convert into revenue within the next 12 months. The company's new orders in Q1 2026 totaled $439 million, a 63% increase compared to the same period in fiscal 2025, indicating continued robust demand for its products and services.
- Growth in the Data Center Market: The rapid expansion of the data center industry presents a significant growth opportunity for Powell. The company secured numerous orders for electrical infrastructure supporting data center projects in Q1 2026, and management noted that opportunities in this market are growing in both size and volume. Powell is actively expanding its capacity, including adding leased facilities, to meet the increasing demand from the data center market.
- Increased Activity in Liquefied Natural Gas (LNG) Projects: The restart of the permitting process for LNG projects has led to a resurgence in activity for new greenfield and brownfield LNG trains. Powell secured a "mega order" exceeding $100 million for a large domestic LNG project on the U.S. Gulf Coast in Q1 2026 and is investing approximately $12 million to expand its Jacintoport capacity to support anticipated LNG work.
- Expansion in the Electric Utility Sector: The electric utility sector has shown strong growth, with Powell's revenue from this sector doubling in the fourth quarter of fiscal 2025 compared to the prior year. This sector continues to be a key growth driver, reflecting ongoing demand for Powell's electrical distribution, control, and monitoring equipment.
- Strategic Acquisitions and Product Diversification: Powell Industries is enhancing its offerings through strategic acquisitions and continued investment in research and development. The acquisition of Remsdaq, for example, aims to bolster the company's electrical automation strategy and open new market opportunities for control and monitoring solutions. Additionally, diversification efforts into markets beyond traditional industrial sectors, such as light rail traction and commercial & other industrial, have proven successful in driving revenue growth.
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Capital Allocation Decisions (Last 3-5 Years)
Share Issuance
- Powell Industries announced a three-for-one forward stock split in March 2026, effective April 2026, which is expected to increase the number of outstanding common shares from approximately 12.1 million to 36.4 million.
Outbound Investments
- In August 2025, Powell Industries completed the acquisition of Remsdaq Ltd., a UK-based provider of Remote Terminal Units (RTUs) for electrical substation control and automation platforms, for $16.3 million.
Capital Expenditures
- Powell Industries' capital expenditures were $3 million in fiscal 2021, $2 million in fiscal 2022, $8 million in fiscal 2023, $12 million in fiscal 2024, and $13 million in fiscal 2025.
- In August 2025, the company announced a $12.4 million investment to expand production capacity at its Jacintoport manufacturing facility in Houston. This expansion, which aims to add 335,000 square feet of productive capacity, is expected to be completed in the second half of fiscal 2026.
- Cumulative investments across Powell's three Houston manufacturing facilities to support organic growth plans have totaled approximately $40 million.
Peer Outperformance in Electrical Components & Equipment
POWL has outperformed 100% of its 39 Electrical Components & Equipment peers over 5Y. Electrical Components & Equipment ranks 11th of 23 industries in Industrials by median 5Y return.
Share of Electrical Components & Equipment constituents that POWL has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
88%
of 48 industry peers · 136.8% return
3Y
98%
of 45 industry peers · 669.9% return
5Y
100%
of 39 industry peers · 2448.7% return
No Electrical Components & Equipment peer with a comparable growth profile has beaten POWL by more than 20pp over 5Y.
Median price return by industry across the Industrials sector, ranked by 5Y. Electrical Components & Equipment is POWL's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 27.6% | 126.5% | 210.6% | CDNL 3246% · STRL 2254% · FIX 2172% |
| Marine Transportation | 4 | 62.9% | 65.0% | 163.5% | MATX 225% · KEX 166% · SFL 161% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 16.3% | 68.1% | 123.8% | CAT 340% · ALSN 287% · WAB 257% |
| Aerospace & Defense | 55 | 13.8% | 67.6% | 80.6% | DFNS 2047% · ATI 1066% · FTAI 993% |
| Passenger Ground Transportation | 3 | -2.4% | 61.6% | 71.8% | UBER 97% · CAR 72% · LYFT -62% |
| Industrial Machinery & Supplies & Components | 71 | 11.4% | 56.3% | 52.9% | CRS 1522% · PSIX 846% · GHM 752% |
| Rail Transportation | 7 | 39.8% | 76.5% | 48.5% | FSTR 120% · CSX 64% · UNP 54% |
| Cargo Ground Transportation | 16 | 47.1% | 13.9% | 47.5% | XPO 283% · R 277% · CVLG 227% |
| Trading Companies & Distributors | 18 | 7.1% | 37.0% | 45.6% | DXPE 541% · AIT 309% · URI 246% |
| Diversified Support Services | 34 | 11.6% | 36.1% | 40.8% | LIME 4674% · TH 414% · WLFC 357% |
| Electrical Components & Equipment ← | 40 | 29.9% | 46.9% | 36.1% | POWL 2449% · BE 907% · VRT 872% |
| Building Products | 33 | -1.6% | 16.9% | 29.6% | GFF 425% · LMB 425% · PPIH 297% |
| Industrial Conglomerates | 17 | 18.2% | 25.2% | 7.9% | RCMT 804% · TTI 181% · CSW 157% |
| Office Services & Supplies | 10 | 18.7% | 25.5% | 4.7% | TILE 198% · PBI 173% · EBF 53% |
| Environmental & Facilities Services | 28 | -8.4% | 17.4% | 3.7% | CECO 884% · ADUR 661% · GEO 314% |
| Research & Consulting Services | 13 | -5.4% | -18.0% | -3.9% | HURN 224% · CRAI 100% · GRNQ 58% |
| Agricultural & Farm Machinery | 17 | 0.1% | -4.0% | -11.0% | BLBD 199% · DE 97% · GENC 66% |
| Data Processing & Outsourced Services | 6 | -29.6% | -8.2% | -24.6% | EXLS 57% · BR 14% · G -23% |
| Passenger Airlines | 11 | 12.7% | -6.1% | -25.3% | LTM 2424% · UAL 157% · SKYW 152% |
| Human Resource & Employment Services | 20 | 10.0% | -19.7% | -36.0% | BBSI 90% · ADP 48% · KFY 39% |
| Air Freight & Logistics | 12 | -12.4% | -24.2% | -36.6% | CHRW 80% · FDX 68% · EXPD 62% |
| Security & Alarm Services | 10 | -31.8% | -17.6% | -46.9% | CIX 125% · MG 96% · BCO 54% |
| Airport Services | 3 | -67.8% | -71.2% | -58.6% | JOBY -24% · ASLE -59% · UP -100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 201.82 |
| Mkt Cap | 18.4 |
| Rev LTM | 4,636 |
| Op Inc LTM | 624 |
| FCF LTM | 478 |
| FCF 3Y Avg | 485 |
| CFO LTM | 619 |
| CFO 3Y Avg | 606 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.8% |
| Rev Chg 3Y Avg | 8.6% |
| Rev Chg Q | 13.0% |
| QoQ Delta Rev Chg LTM | 3.2% |
| Op Inc Chg LTM | 9.4% |
| Op Inc Chg 3Y Avg | 14.4% |
| Op Mgn LTM | 17.4% |
| Op Mgn 3Y Avg | 17.7% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 15.6% |
| CFO/Rev 3Y Avg | 16.5% |
| FCF/Rev LTM | 12.5% |
| FCF/Rev 3Y Avg | 13.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 18.4 |
| P/S | 4.5 |
| P/Op Inc | 29.2 |
| P/EBIT | 29.7 |
| P/E | 39.4 |
| P/CFO | 25.7 |
| Total Yield | 3.2% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 4.2% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Development, design, manufacturing and servicing of custom-engineered equipment and systems for the | 1,104 | 1,012 | 699 | 533 | 471 |
| Total | 1,104 | 1,012 | 699 | 533 | 471 |
| $ Mil | 2025 | 2024 | 2023 | 2005 | 2004 |
|---|---|---|---|---|---|
| Development, design, manufacturing and servicing of custom-engineered equipment and systems for the | 218 | 179 | 63 | ||
| Electrical Power Products | -0 | 29 | |||
| Process Control Systems | 4 | ||||
| Total | 218 | 179 | 63 | 3 | 29 |
| $ Mil | 2025 | 2024 | 2023 |
|---|---|---|---|
| Development, design, manufacturing and servicing of custom-engineered equipment and systems for the | 181 | 150 | 55 |
| Total | 181 | 150 | 55 |
| $ Mil | 2013 | 2007 | 2006 | 2002 | 2001 |
|---|---|---|---|---|---|
| Electrical Power Products | 334 | 280 | 272 | ||
| Corporate | 180 | 18 | 12 | ||
| Process Control Systems | 17 | 7 | 9 | 15 | 18 |
| Bus Duct | 24 | 22 | |||
| Switchgear | 132 | 135 | |||
| Total | 531 | 287 | 281 | 190 | 186 |
Price Behavior
Price Behavior
| Market Price | $197.67 | |
| Market Cap ($ Bil) | 7.2 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -38.6% | |
| 50 Days | 200 Days | |
| DMA Price | $240.30 | $197.10 |
| DMA Trend | up | down |
| Distance from DMA | -17.7% | 0.3% |
| 3M | 1YR | |
| Volatility | 69.7% | 63.4% |
| Downside Capture | 386.53 | 235.80 |
| Upside Capture | 183.04 | 284.28 |
| Correlation (SPY) | 54.4% | 49.3% |
POWL Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.14 | 3.24 | 3.39 | 2.64 | 2.44 | 1.77 |
| Up Beta | 10.09 | 4.52 | 4.78 | 3.60 | 3.00 | 2.15 |
| Down Beta | -0.64 | 1.19 | 0.80 | 1.38 | 1.77 | 1.11 |
| Up Capture | 145% | 311% | 361% | 462% | 784% | 2618% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 7 | 22 | 30 | 66 | 144 | 407 |
| Down Capture | 539% | 344% | 354% | 194% | 154% | 109% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 15 | 21 | 33 | 60 | 108 | 346 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with POWL | |
|---|---|---|---|---|
| POWL | 141.9% | 63.3% | 1.64 | - |
| Sector ETF (XLI) | 20.5% | 17.1% | 0.92 | 57.0% |
| Equity (SPY) | 21.1% | 12.9% | 1.22 | 49.1% |
| Gold (GLD) | 37.5% | 28.8% | 1.10 | 27.6% |
| Commodities (DBC) | 43.2% | 20.2% | 1.66 | -4.0% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | 9.5% |
| Bitcoin (BTCUSD) | -35.4% | 43.5% | -0.88 | 23.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with POWL | |
|---|---|---|---|---|
| POWL | 88.8% | 65.4% | 1.22 | - |
| Sector ETF (XLI) | 13.1% | 17.6% | 0.57 | 38.4% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 32.6% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 9.6% |
| Commodities (DBC) | 10.4% | 19.6% | 0.41 | 5.9% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 15.8% |
| Bitcoin (BTCUSD) | 9.1% | 52.7% | 0.36 | 16.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with POWL | |
|---|---|---|---|---|
| POWL | 35.1% | 55.5% | 0.76 | - |
| Sector ETF (XLI) | 13.8% | 20.0% | 0.60 | 44.1% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 38.4% |
| Gold (GLD) | 12.7% | 16.2% | 0.64 | 6.2% |
| Commodities (DBC) | 8.0% | 18.0% | 0.36 | 14.3% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 27.6% |
| Bitcoin (BTCUSD) | 62.2% | 66.1% | 1.02 | 13.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/12/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/3/2026 | -3.8% | -5.7% | |
| 5/4/2026 | 9.2% | 19.3% | 11.1% |
| 2/3/2026 | 16.3% | 25.8% | 11.0% |
| 11/18/2025 | -11.2% | -2.8% | 3.6% |
| 8/5/2025 | -3.6% | 14.4% | 14.7% |
| 5/6/2025 | -8.0% | 2.5% | -3.8% |
| 2/6/2025 | -6.5% | -12.5% | -35.3% |
| 11/19/2024 | -16.1% | -13.0% | -22.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 15 | 15 |
| # Negative | 13 | 9 | 8 |
| Median Positive | 16.3% | 14.4% | 16.9% |
| Median Negative | -4.3% | -5.7% | -9.9% |
| Max Positive | 45.3% | 54.5% | 127.4% |
| Max Negative | -17.6% | -18.7% | -35.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/3/2026 | -3.8% | -5.7% | |
| 5/4/2026 | 9.2% | 19.3% | 11.1% |
| 2/3/2026 | 16.3% | 25.8% | 11.0% |
| 11/18/2025 | -11.2% | -2.8% | 3.6% |
| 8/5/2025 | -3.6% | 14.4% | 14.7% |
| 5/6/2025 | -8.0% | 2.5% | -3.8% |
| 2/6/2025 | -6.5% | -12.5% | -35.3% |
| 11/19/2024 | -16.1% | -13.0% | -22.0% |
| 7/30/2024 | 37.8% | 22.9% | 23.8% |
| 4/30/2024 | 18.9% | 10.3% | 44.3% |
| 1/30/2024 | 45.3% | 54.5% | 127.4% |
| 12/5/2023 | -6.0% | -0.1% | -8.6% |
| 8/1/2023 | 39.6% | 27.5% | 40.6% |
| 5/3/2023 | -2.0% | 6.6% | 26.1% |
| 12/5/2022 | 19.8% | 35.4% | 30.3% |
| 8/2/2022 | 5.1% | 5.2% | 0.9% |
| 5/3/2022 | 16.3% | 30.7% | 40.3% |
| 2/8/2022 | -17.6% | -18.7% | -23.4% |
| 12/7/2021 | 9.8% | 11.1% | 16.9% |
| 8/3/2021 | -4.3% | -6.2% | -11.3% |
| 5/4/2021 | -0.3% | 0.2% | -3.9% |
| 2/2/2021 | -2.9% | -0.3% | 7.2% |
| 12/8/2020 | 3.1% | 5.3% | 12.7% |
| 8/4/2020 | -0.1% | -0.5% | -0.6% |
| SUMMARY STATS | |||
| # Positive | 11 | 15 | 15 |
| # Negative | 13 | 9 | 8 |
| Median Positive | 16.3% | 14.4% | 16.9% |
| Median Negative | -4.3% | -5.7% | -9.9% |
| Max Positive | 45.3% | 54.5% | 127.4% |
| Max Negative | -17.6% | -18.7% | -35.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/04/2026 | 10-Q |
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/04/2026 | 10-Q |
| 09/30/2025 | 11/19/2025 | 10-K |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/07/2025 | 10-Q |
| 09/30/2024 | 11/20/2024 | 10-K |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 01/31/2024 | 10-Q |
| 09/30/2023 | 12/06/2023 | 10-K |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/01/2023 | 10-Q |
| 09/30/2022 | 12/06/2022 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/04/2026 | 10-Q |
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/04/2026 | 10-Q |
| 09/30/2025 | 11/19/2025 | 10-K |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/07/2025 | 10-Q |
| 09/30/2024 | 11/20/2024 | 10-K |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 01/31/2024 | 10-Q |
| 09/30/2023 | 12/06/2023 | 10-K |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/01/2023 | 10-Q |
| 09/30/2022 | 12/06/2022 | 10-K |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
| 12/31/2021 | 02/09/2022 | 10-Q |
| 09/30/2021 | 12/08/2021 | 10-K |
| 06/30/2021 | 08/04/2021 | 10-Q |
| 03/31/2021 | 05/05/2021 | 10-Q |
| 12/31/2020 | 02/03/2021 | 10-Q |
| 09/30/2020 | 12/09/2020 | 10-K |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 02/05/2020 | 10-Q |
| 09/30/2019 | 12/05/2019 | 10-K |
Insider Activity
Updated 8/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cope, Brett Alan | President & CEO | Direct | Sell | 8142026 | 207.01 | 4,500 | 931,545 | 106,140,858 | Form |
| 2 | Cope, Brett Alan | President & CEO | Direct | Sell | 7102026 | 241.55 | 4,440 | 1,072,482 | 124,937,631 | Form |
| 3 | Cope, Brett Alan | President & CEO | Direct | Sell | 7012026 | 0.01 | 36,000 | 360 | 5,217 | Form |
| 4 | Metcalf, Michael William | Exec Vice President | Direct | Sell | 7012026 | 284.64 | 4,500 | 1,280,861 | 22,457,756 | Form |
| 5 | Powell, Thomas W | Direct | Sell | 6262026 | 294.49 | 33,958 | 10,000,291 | 166,309,105 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cope, Brett Alan | President & CEO | Direct | Sell | 8142026 | 207.01 | 4,500 | 931,545 | 106,140,858 | Form |
| 2 | Cope, Brett Alan | President & CEO | Direct | Sell | 7102026 | 241.55 | 4,440 | 1,072,482 | 124,937,631 | Form |
| 3 | Cope, Brett Alan | President & CEO | Direct | Sell | 7012026 | 0.01 | 36,000 | 360 | 5,217 | Form |
| 4 | Metcalf, Michael William | Exec Vice President | Direct | Sell | 7012026 | 284.64 | 4,500 | 1,280,861 | 22,457,756 | Form |
| 5 | Powell, Thomas W | Direct | Sell | 6262026 | 294.49 | 33,958 | 10,000,291 | 166,309,105 | Form | |
| 6 | Cope, Brett Alan | President & CEO | Direct | Sell | 6122026 | 272.64 | 4,440 | 1,210,522 | 132,413,887 | Form |
| 7 | Singh, Mohit | Direct | Sell | 6012026 | 293.21 | 1,350 | 395,834 | 800,463 | Form | |
| 8 | Cope, Brett Alan | President & CEO | Direct | Sell | 5152026 | 301.00 | 4,440 | 1,336,440 | 147,524,013 | Form |
| 9 | Williams, Richard E | Direct | Sell | 5152026 | 299.19 | 5,250 | 1,570,741 | 11,856,851 | Form | |
| 10 | Mauney, William Marshall JR | Vice President, R&D | Direct | Sell | 5122026 | 323.69 | 2,500 | 809,218 | 3,512,975 | Form |
| 11 | Cope, Brett Alan | President & CEO | Direct | Sell | 4132026 | 233.96 | 4,440 | 1,038,782 | 38,568,540 | Form |
| 12 | Metcalf, Michael William | Exec Vice President | Direct | Sell | 4012026 | 528.00 | 3,000 | 1,583,987 | 14,678,284 | Form |
| 13 | Powell, Thomas W | Direct | Sell | 3232026 | 502.23 | 49,778 | 25,000,005 | 300,682,088 | Form | |
| 14 | Cope, Brett Alan | President & CEO | Direct | Sell | 3162026 | 504.80 | 1,480 | 747,104 | 85,458,097 | Form |
| 15 | Powell, Thomas W | Direct | Sell | 2262026 | 560.37 | 318 | 178,199 | 364,507,727 | Form | |
| 16 | Powell, Thomas W | Direct | Sell | 2262026 | 561.44 | 1,159 | 650,707 | 365,378,370 | Form | |
| 17 | Ni, Ping | Corp Controller | Direct | Sell | 2122026 | 590.00 | 70 | 41,300 | 1,193,570 | Form |
| 18 | Eckenrode, David L | Assistant Secretary/Treasurer | Direct | Sell | 2122026 | 570.00 | 295 | 168,150 | 252,510 | Form |
| 19 | McKertcher, Terry B | Vice President, Operations | Direct | Sell | 2092026 | 557.44 | 3,000 | 1,672,313 | 2,471,121 | Form |
| 20 | Mauney, William Marshall JR | Vice President, R&D | Direct | Sell | 12222025 | 331.73 | 3,000 | 995,190 | 1,476,530 | Form |
| 21 | McKertcher, Terry B | Vice President, Operations | Direct | Sell | 12082025 | 340.64 | 2,100 | 715,341 | 2,531,966 | Form |
| 22 | Metcalf, Michael William | Exec Vice President | Direct | Sell | 9242025 | 298.74 | 3,200 | 955,969 | 7,677,629 | Form |
| 23 | Mudge, Frederick N | Vice President, Operations | Direct | Sell | 8282025 | 277.50 | 6,400 | 1,776,000 | 6,934,170 | Form |
| 24 | Birchall, John | Managing Director | Direct | Sell | 8272025 | 260.03 | 3,000 | 780,090 | 1,742,201 | Form |
| 25 | McKertcher, Terry B | Vice President, Operations | Direct | Sell | 8122025 | 259.63 | 1,500 | 389,440 | 1,817,387 | Form |
Investor Activity (13F)
Updated Aug 22, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Electrical Components & Equipment Resources |
| EC&M (Electrical Construction & Maintenance) |
| Electrical Contracting News (ECN) |
| EE Times |
External Quote Links
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| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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