A

Powell Industries, Inc. — Earnings Quality Grade A

POWL · Industrials

Strong financial health

Revenue
$1.1B
2025
Net Income
$181M
2025
Gross Margin
29.4%
Free Cash Flow
$155M
01

Screening Summary

16
Passed
1
Watch
0
Failed
-2.36
M-Score

管理层信号

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Routine2026-01-06
Brett A. Cope · Director离任
SEC
Routine2026-01-06
Brett A. Cope · Director任命
Standard appointment
SEC

数据来源:SEC EDGAR 8-K Item 5.02,附 Exhibit 99.1 链接

02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 72 days, change -6 days YoY

A2AR vs Revenue Growth

AR growth 1.2% vs revenue growth 9.1%

A3Revenue vs CFFO

Revenue 9.1%, CFFO 54.6%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory -1.3% vs COGS 5.5%. Normal

B2CapEx vs Revenue

CapEx growth 7.5% vs revenue 9.1%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 29.4%, excellent (<30%)

B4Gross Margin

Gross margin 29.4%, change +2.4pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 0.93. Profits backed by cash

C2Free Cash Flow

FCF $0.2B, FCF/NI = 0.86

C3Accruals Ratio

Accruals ratio = 1.2%. Low accruals

C4Cash vs Debt

Cash $0.5B covers debt $0.0B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.0B = 2% of equity. Manageable

D2Leverage

Debt/EBITDA = 0.0x. Healthy

D3Soft Asset Growth

Other assets 2.9% vs revenue 9.1%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

!
E2Goodwill Surge

Goodwill+Intangibles surged 716% YoY

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.36 (< -2.22). Unlikely manipulator

04

Beneish M-Score

Manipulation Probability-2.36
-4.0 Clean-2.22 Grey-1.78 Danger0
0.928
DSRI
AR growing faster than revenue?
0.918
GMI
Gross margin declining?
1.148
AQI
Asset quality deteriorating?
1.091
SGI
Revenue growth rate
1.018
DEPI
Depreciation slowing?
1.03
SGAI
SG&A ratio changing?
0.0116
TATA
Accruals level
0.873
LVGI
Leverage increasing?
05

Altman Z-Score

7.48
Safe Zone
0 Distress1.102.605.0+ Safe
0.4376
Liquidity
0.568
Cumulative profit
0.1965
Operating efficiency
1.3685
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25