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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) 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 $233.0M, roughly 1.1× CSW INDUSTRIALS, INC.). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs 4.4%, a 12.1% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 4.0%). POWELL INDUSTRIES INC produced more free cash flow last quarter ($41.6M vs $22.7M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs -0.8%).

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.

CSW vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
1.1× larger
POWL
$251.2M
$233.0M
CSW
Growing faster (revenue YoY)
CSW
CSW
+16.3% gap
CSW
20.3%
4.0%
POWL
Higher net margin
POWL
POWL
12.1% more per $
POWL
16.5%
4.4%
CSW
More free cash flow
POWL
POWL
$18.9M more FCF
POWL
$41.6M
$22.7M
CSW
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
-0.8%
POWL

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CSW
CSW
POWL
POWL
Revenue
$233.0M
$251.2M
Net Profit
$10.3M
$41.4M
Gross Margin
39.7%
28.4%
Operating Margin
7.4%
17.0%
Net Margin
4.4%
16.5%
Revenue YoY
20.3%
4.0%
Net Profit YoY
-61.9%
19.1%
EPS (diluted)
$0.62
$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
CSW
CSW
POWL
POWL
Q4 25
$233.0M
$251.2M
Q3 25
$277.0M
$298.0M
Q2 25
$263.6M
$286.3M
Q1 25
$230.5M
$278.6M
Q4 24
$193.6M
$241.4M
Q3 24
$227.9M
$275.1M
Q2 24
$226.2M
$288.2M
Q1 24
$210.9M
$255.1M
Net Profit
CSW
CSW
POWL
POWL
Q4 25
$10.3M
$41.4M
Q3 25
$40.7M
$51.4M
Q2 25
$40.9M
$48.2M
Q1 25
$35.1M
$46.3M
Q4 24
$26.9M
$34.8M
Q3 24
$36.1M
$46.1M
Q2 24
$38.6M
$46.2M
Q1 24
$31.8M
$33.5M
Gross Margin
CSW
CSW
POWL
POWL
Q4 25
39.7%
28.4%
Q3 25
43.0%
31.4%
Q2 25
43.8%
30.7%
Q1 25
44.2%
29.9%
Q4 24
41.4%
24.7%
Q3 24
45.6%
29.2%
Q2 24
47.5%
28.4%
Q1 24
44.4%
24.6%
Operating Margin
CSW
CSW
POWL
POWL
Q4 25
7.4%
17.0%
Q3 25
20.5%
21.2%
Q2 25
20.8%
21.0%
Q1 25
19.5%
21.1%
Q4 24
15.3%
14.7%
Q3 24
22.6%
20.4%
Q2 24
24.3%
19.9%
Q1 24
21.0%
15.5%
Net Margin
CSW
CSW
POWL
POWL
Q4 25
4.4%
16.5%
Q3 25
14.7%
17.3%
Q2 25
15.5%
16.8%
Q1 25
15.2%
16.6%
Q4 24
13.9%
14.4%
Q3 24
15.8%
16.7%
Q2 24
17.1%
16.0%
Q1 24
15.1%
13.1%
EPS (diluted)
CSW
CSW
POWL
POWL
Q4 25
$0.62
$3.40
Q3 25
$2.41
$4.23
Q2 25
$2.43
$3.96
Q1 25
$2.05
$3.81
Q4 24
$1.60
$2.86
Q3 24
$2.26
$3.77
Q2 24
$2.47
$3.79
Q1 24
$2.03
$2.75

Balance Sheet & Financial Strength

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

Metric
CSW
CSW
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$40.2M
$500.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$668.9M
Total Assets
$2.3B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
POWL
POWL
Q4 25
$40.2M
$500.8M
Q3 25
$31.5M
$475.5M
Q2 25
$38.0M
$433.0M
Q1 25
$225.8M
$389.3M
Q4 24
$213.8M
$373.4M
Q3 24
$273.2M
$358.4M
Q2 24
$18.9M
$374.0M
Q1 24
$22.2M
$365.3M
Total Debt
CSW
CSW
POWL
POWL
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Q1 24
$166.0M
Stockholders' Equity
CSW
CSW
POWL
POWL
Q4 25
$1.1B
$668.9M
Q3 25
$1.1B
$640.8M
Q2 25
$1.1B
$594.9M
Q1 25
$1.1B
$541.4M
Q4 24
$1.0B
$496.3M
Q3 24
$1.0B
$483.1M
Q2 24
$650.2M
$436.7M
Q1 24
$615.7M
$393.8M
Total Assets
CSW
CSW
POWL
POWL
Q4 25
$2.3B
$1.1B
Q3 25
$1.5B
$1.1B
Q2 25
$1.5B
$1.0B
Q1 25
$1.4B
$965.4M
Q4 24
$1.4B
$912.7M
Q3 24
$1.4B
$928.2M
Q2 24
$1.1B
$869.0M
Q1 24
$1.0B
$849.6M
Debt / Equity
CSW
CSW
POWL
POWL
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
CSW
CSW
POWL
POWL
Operating Cash FlowLast quarter
$28.9M
$43.6M
Free Cash FlowOCF − Capex
$22.7M
$41.6M
FCF MarginFCF / Revenue
9.8%
16.6%
Capex IntensityCapex / Revenue
2.6%
0.8%
Cash ConversionOCF / Net Profit
2.81×
1.05×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
POWL
POWL
Q4 25
$28.9M
$43.6M
Q3 25
$61.8M
$61.1M
Q2 25
$60.6M
$47.4M
Q1 25
$27.3M
$22.4M
Q4 24
$11.6M
$37.1M
Q3 24
$66.8M
$-6.0M
Q2 24
$62.7M
$13.8M
Q1 24
$22.4M
$17.0M
Free Cash Flow
CSW
CSW
POWL
POWL
Q4 25
$22.7M
$41.6M
Q3 25
$58.7M
$59.3M
Q2 25
$57.7M
$42.3M
Q1 25
$22.8M
$18.3M
Q4 24
$8.5M
$34.9M
Q3 24
$61.3M
$-14.4M
Q2 24
$59.6M
$12.4M
Q1 24
$17.5M
$16.1M
FCF Margin
CSW
CSW
POWL
POWL
Q4 25
9.8%
16.6%
Q3 25
21.2%
19.9%
Q2 25
21.9%
14.8%
Q1 25
9.9%
6.6%
Q4 24
4.4%
14.4%
Q3 24
26.9%
-5.3%
Q2 24
26.3%
4.3%
Q1 24
8.3%
6.3%
Capex Intensity
CSW
CSW
POWL
POWL
Q4 25
2.6%
0.8%
Q3 25
1.1%
0.6%
Q2 25
1.1%
1.8%
Q1 25
2.0%
1.5%
Q4 24
1.6%
0.9%
Q3 24
2.4%
3.1%
Q2 24
1.4%
0.5%
Q1 24
2.3%
0.4%
Cash Conversion
CSW
CSW
POWL
POWL
Q4 25
2.81×
1.05×
Q3 25
1.52×
1.19×
Q2 25
1.48×
0.98×
Q1 25
0.78×
0.48×
Q4 24
0.43×
1.07×
Q3 24
1.85×
-0.13×
Q2 24
1.62×
0.30×
Q1 24
0.71×
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

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%

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