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Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) 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 $154.8M, roughly 1.6× Commercial Vehicle Group, Inc.). On growth, POWELL INDUSTRIES INC posted the faster year-over-year revenue change (4.0% vs -5.2%). POWELL INDUSTRIES INC produced more free cash flow last quarter ($41.6M vs $8.7M). Over the past eight quarters, POWELL INDUSTRIES INC's revenue compounded faster (-0.8% CAGR vs -10.8%).

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

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.

CVGI vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
1.6× larger
POWL
$251.2M
$154.8M
CVGI
Growing faster (revenue YoY)
POWL
POWL
+9.3% gap
POWL
4.0%
-5.2%
CVGI
More free cash flow
POWL
POWL
$32.9M more FCF
POWL
$41.6M
$8.7M
CVGI
Faster 2-yr revenue CAGR
POWL
POWL
Annualised
POWL
-0.8%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVGI
CVGI
POWL
POWL
Revenue
$154.8M
$251.2M
Net Profit
$41.4M
Gross Margin
9.7%
28.4%
Operating Margin
-1.2%
17.0%
Net Margin
16.5%
Revenue YoY
-5.2%
4.0%
Net Profit YoY
19.1%
EPS (diluted)
$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
CVGI
CVGI
POWL
POWL
Q4 25
$154.8M
$251.2M
Q3 25
$152.5M
$298.0M
Q2 25
$172.0M
$286.3M
Q1 25
$169.8M
$278.6M
Q4 24
$163.3M
$241.4M
Q3 24
$171.8M
$275.1M
Q2 24
$193.7M
$288.2M
Q1 24
$194.6M
$255.1M
Net Profit
CVGI
CVGI
POWL
POWL
Q4 25
$41.4M
Q3 25
$-7.1M
$51.4M
Q2 25
$-4.8M
$48.2M
Q1 25
$-4.3M
$46.3M
Q4 24
$34.8M
Q3 24
$9.5M
$46.1M
Q2 24
$-1.6M
$46.2M
Q1 24
$2.9M
$33.5M
Gross Margin
CVGI
CVGI
POWL
POWL
Q4 25
9.7%
28.4%
Q3 25
10.5%
31.4%
Q2 25
11.4%
30.7%
Q1 25
10.5%
29.9%
Q4 24
8.0%
24.7%
Q3 24
9.6%
29.2%
Q2 24
10.6%
28.4%
Q1 24
11.9%
24.6%
Operating Margin
CVGI
CVGI
POWL
POWL
Q4 25
-1.2%
17.0%
Q3 25
-0.7%
21.2%
Q2 25
0.5%
21.0%
Q1 25
0.8%
21.1%
Q4 24
-3.2%
14.7%
Q3 24
-0.6%
20.4%
Q2 24
0.5%
19.9%
Q1 24
2.3%
15.5%
Net Margin
CVGI
CVGI
POWL
POWL
Q4 25
16.5%
Q3 25
-4.6%
17.3%
Q2 25
-2.8%
16.8%
Q1 25
-2.5%
16.6%
Q4 24
14.4%
Q3 24
5.5%
16.7%
Q2 24
-0.8%
16.0%
Q1 24
1.5%
13.1%
EPS (diluted)
CVGI
CVGI
POWL
POWL
Q4 25
$3.40
Q3 25
$4.23
Q2 25
$3.96
Q1 25
$3.81
Q4 24
$2.86
Q3 24
$3.77
Q2 24
$-0.05
$3.79
Q1 24
$0.09
$2.75

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$500.8M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$668.9M
Total Assets
$391.7M
$1.1B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
POWL
POWL
Q4 25
$500.8M
Q3 25
$475.5M
Q2 25
$433.0M
Q1 25
$389.3M
Q4 24
$373.4M
Q3 24
$358.4M
Q2 24
$374.0M
Q1 24
$365.3M
Total Debt
CVGI
CVGI
POWL
POWL
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Q1 24
$155.7M
Stockholders' Equity
CVGI
CVGI
POWL
POWL
Q4 25
$133.4M
$668.9M
Q3 25
$136.5M
$640.8M
Q2 25
$142.6M
$594.9M
Q1 25
$136.7M
$541.4M
Q4 24
$135.6M
$496.3M
Q3 24
$179.3M
$483.1M
Q2 24
$169.6M
$436.7M
Q1 24
$175.5M
$393.8M
Total Assets
CVGI
CVGI
POWL
POWL
Q4 25
$391.7M
$1.1B
Q3 25
$400.3M
$1.1B
Q2 25
$429.8M
$1.0B
Q1 25
$419.8M
$965.4M
Q4 24
$424.6M
$912.7M
Q3 24
$495.3M
$928.2M
Q2 24
$503.2M
$869.0M
Q1 24
$509.2M
$849.6M
Debt / Equity
CVGI
CVGI
POWL
POWL
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×
Q1 24
0.89×

Cash Flow & Capital Efficiency

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

Metric
CVGI
CVGI
POWL
POWL
Operating Cash FlowLast quarter
$12.3M
$43.6M
Free Cash FlowOCF − Capex
$8.7M
$41.6M
FCF MarginFCF / Revenue
5.6%
16.6%
Capex IntensityCapex / Revenue
2.3%
0.8%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$34.0M
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
POWL
POWL
Q4 25
$12.3M
$43.6M
Q3 25
$-1.7M
$61.1M
Q2 25
$18.9M
$47.4M
Q1 25
$15.2M
$22.4M
Q4 24
$-26.6M
$37.1M
Q3 24
$-17.1M
$-6.0M
Q2 24
$12.6M
$13.8M
Q1 24
$-2.4M
$17.0M
Free Cash Flow
CVGI
CVGI
POWL
POWL
Q4 25
$8.7M
$41.6M
Q3 25
$-3.5M
$59.3M
Q2 25
$17.4M
$42.3M
Q1 25
$11.4M
$18.3M
Q4 24
$-30.6M
$34.9M
Q3 24
$-20.3M
$-14.4M
Q2 24
$6.4M
$12.4M
Q1 24
$-7.4M
$16.1M
FCF Margin
CVGI
CVGI
POWL
POWL
Q4 25
5.6%
16.6%
Q3 25
-2.3%
19.9%
Q2 25
10.1%
14.8%
Q1 25
6.7%
6.6%
Q4 24
-18.7%
14.4%
Q3 24
-11.8%
-5.3%
Q2 24
3.3%
4.3%
Q1 24
-3.8%
6.3%
Capex Intensity
CVGI
CVGI
POWL
POWL
Q4 25
2.3%
0.8%
Q3 25
1.2%
0.6%
Q2 25
0.9%
1.8%
Q1 25
2.2%
1.5%
Q4 24
2.4%
0.9%
Q3 24
1.9%
3.1%
Q2 24
3.2%
0.5%
Q1 24
2.6%
0.4%
Cash Conversion
CVGI
CVGI
POWL
POWL
Q4 25
1.05×
Q3 25
1.19×
Q2 25
0.98×
Q1 25
0.48×
Q4 24
1.07×
Q3 24
-1.79×
-0.13×
Q2 24
0.30×
Q1 24
-0.80×
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

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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