vs

Side-by-side financial comparison of BRANDYWINE REALTY TRUST (BDN) and POWELL INDUSTRIES INC (POWL). Click either name above to swap in a different company.

POWELL INDUSTRIES INC is the larger business by last-quarter revenue ($251.2M vs $127.0M, roughly 2.0× BRANDYWINE REALTY TRUST). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs -38.4%, a 54.9% gap on every dollar of revenue. On growth, BRANDYWINE REALTY TRUST posted the faster year-over-year revenue change (4.5% vs 4.0%). Over the past eight quarters, BRANDYWINE REALTY TRUST's revenue compounded faster (0.7% CAGR vs -0.8%).

Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.

BDN vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
2.0× larger
POWL
$251.2M
$127.0M
BDN
Growing faster (revenue YoY)
BDN
BDN
+0.5% gap
BDN
4.5%
4.0%
POWL
Higher net margin
POWL
POWL
54.9% more per $
POWL
16.5%
-38.4%
BDN
Faster 2-yr revenue CAGR
BDN
BDN
Annualised
BDN
0.7%
-0.8%
POWL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BDN
BDN
POWL
POWL
Revenue
$127.0M
$251.2M
Net Profit
$-48.8M
$41.4M
Gross Margin
28.4%
Operating Margin
1.2%
17.0%
Net Margin
-38.4%
16.5%
Revenue YoY
4.5%
4.0%
Net Profit YoY
-80.4%
19.1%
EPS (diluted)
$-0.28
$3.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BDN
BDN
POWL
POWL
Q1 26
$127.0M
Q4 25
$121.0M
$251.2M
Q3 25
$121.4M
$298.0M
Q2 25
$120.6M
$286.3M
Q1 25
$121.5M
$278.6M
Q4 24
$121.9M
$241.4M
Q3 24
$131.8M
$275.1M
Q2 24
$125.3M
$288.2M
Net Profit
BDN
BDN
POWL
POWL
Q1 26
$-48.8M
Q4 25
$-36.7M
$41.4M
Q3 25
$-25.9M
$51.4M
Q2 25
$-88.7M
$48.2M
Q1 25
$-27.0M
$46.3M
Q4 24
$-44.5M
$34.8M
Q3 24
$-165.2M
$46.1M
Q2 24
$30.2M
$46.2M
Gross Margin
BDN
BDN
POWL
POWL
Q1 26
Q4 25
61.3%
28.4%
Q3 25
62.6%
31.4%
Q2 25
62.4%
30.7%
Q1 25
60.8%
29.9%
Q4 24
61.2%
24.7%
Q3 24
64.9%
29.2%
Q2 24
63.1%
28.4%
Operating Margin
BDN
BDN
POWL
POWL
Q1 26
1.2%
Q4 25
22.8%
17.0%
Q3 25
20.8%
21.2%
Q2 25
-34.3%
21.0%
Q1 25
12.5%
21.1%
Q4 24
18.0%
14.7%
Q3 24
-7.2%
20.4%
Q2 24
15.5%
19.9%
Net Margin
BDN
BDN
POWL
POWL
Q1 26
-38.4%
Q4 25
-30.3%
16.5%
Q3 25
-21.3%
17.3%
Q2 25
-73.5%
16.8%
Q1 25
-22.2%
16.6%
Q4 24
-36.5%
14.4%
Q3 24
-125.4%
16.7%
Q2 24
24.1%
16.0%
EPS (diluted)
BDN
BDN
POWL
POWL
Q1 26
$-0.28
Q4 25
$-0.21
$3.40
Q3 25
$-0.15
$4.23
Q2 25
$-0.51
$3.96
Q1 25
$-0.16
$3.81
Q4 24
$-0.25
$2.86
Q3 24
$-0.96
$3.77
Q2 24
$0.17
$3.79

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDN
BDN
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$36.2M
$500.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$668.9M
Total Assets
$3.6B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDN
BDN
POWL
POWL
Q1 26
$36.2M
Q4 25
$32.3M
$500.8M
Q3 25
$75.5M
$475.5M
Q2 25
$122.6M
$433.0M
Q1 25
$29.4M
$389.3M
Q4 24
$90.2M
$373.4M
Q3 24
$36.5M
$358.4M
Q2 24
$30.4M
$374.0M
Total Debt
BDN
BDN
POWL
POWL
Q1 26
Q4 25
$2.6B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$2.2B
Stockholders' Equity
BDN
BDN
POWL
POWL
Q1 26
Q4 25
$792.7M
$668.9M
Q3 25
$841.5M
$640.8M
Q2 25
$879.8M
$594.9M
Q1 25
$993.6M
$541.4M
Q4 24
$1.0B
$496.3M
Q3 24
$1.1B
$483.1M
Q2 24
$1.3B
$436.7M
Total Assets
BDN
BDN
POWL
POWL
Q1 26
$3.6B
Q4 25
$3.6B
$1.1B
Q3 25
$3.3B
$1.1B
Q2 25
$3.4B
$1.0B
Q1 25
$3.4B
$965.4M
Q4 24
$3.5B
$912.7M
Q3 24
$3.6B
$928.2M
Q2 24
$3.8B
$869.0M
Debt / Equity
BDN
BDN
POWL
POWL
Q1 26
Q4 25
3.23×
Q3 25
2.70×
Q2 25
2.63×
Q1 25
2.23×
Q4 24
2.13×
Q3 24
2.06×
Q2 24
1.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDN
BDN
POWL
POWL
Operating Cash FlowLast quarter
$43.6M
Free Cash FlowOCF − Capex
$41.6M
FCF MarginFCF / Revenue
16.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDN
BDN
POWL
POWL
Q1 26
Q4 25
$116.7M
$43.6M
Q3 25
$47.5M
$61.1M
Q2 25
$34.4M
$47.4M
Q1 25
$6.3M
$22.4M
Q4 24
$181.1M
$37.1M
Q3 24
$52.2M
$-6.0M
Q2 24
$48.2M
$13.8M
Free Cash Flow
BDN
BDN
POWL
POWL
Q1 26
Q4 25
$41.6M
Q3 25
$59.3M
Q2 25
$42.3M
Q1 25
$18.3M
Q4 24
$34.9M
Q3 24
$-14.4M
Q2 24
$12.4M
FCF Margin
BDN
BDN
POWL
POWL
Q1 26
Q4 25
16.6%
Q3 25
19.9%
Q2 25
14.8%
Q1 25
6.6%
Q4 24
14.4%
Q3 24
-5.3%
Q2 24
4.3%
Capex Intensity
BDN
BDN
POWL
POWL
Q1 26
Q4 25
0.8%
Q3 25
0.6%
Q2 25
1.8%
Q1 25
1.5%
Q4 24
0.9%
Q3 24
3.1%
Q2 24
0.5%
Cash Conversion
BDN
BDN
POWL
POWL
Q1 26
Q4 25
1.05×
Q3 25
1.19×
Q2 25
0.98×
Q1 25
0.48×
Q4 24
1.07×
Q3 24
-0.13×
Q2 24
1.60×
0.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BDN
BDN

Rents$120.7M95%
Third party management fees, labor reimbursement and leasing$4.7M4%

POWL
POWL

Oil And Gas Service$97.9M39%
Electricity$69.3M28%
Commercial And Other Industrial$40.6M16%
Petrochemical$22.8M9%
Other Customers$12.0M5%
Light Rail Traction Power Customer$8.6M3%

Related Comparisons