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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and POWELL INDUSTRIES INC (POWL). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $251.2M, roughly 1.3× POWELL INDUSTRIES INC). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 16.5%, a 11.7% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs 4.0%). Over the past eight quarters, FULTON FINANCIAL CORP's revenue compounded faster (0.2% CAGR vs -0.8%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs POWL — Head-to-Head

Bigger by revenue
FULT
FULT
1.3× larger
FULT
$336.2M
$251.2M
POWL
Growing faster (revenue YoY)
FULT
FULT
+0.2% gap
FULT
4.2%
4.0%
POWL
Higher net margin
FULT
FULT
11.7% more per $
FULT
28.2%
16.5%
POWL
Faster 2-yr revenue CAGR
FULT
FULT
Annualised
FULT
0.2%
-0.8%
POWL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FULT
FULT
POWL
POWL
Revenue
$336.2M
$251.2M
Net Profit
$94.8M
$41.4M
Gross Margin
28.4%
Operating Margin
17.0%
Net Margin
28.2%
16.5%
Revenue YoY
4.2%
4.0%
Net Profit YoY
1.9%
19.1%
EPS (diluted)
$0.55
$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
FULT
FULT
POWL
POWL
Q1 26
$336.2M
Q4 25
$336.0M
$251.2M
Q3 25
$334.6M
$298.0M
Q2 25
$324.1M
$286.3M
Q1 25
$318.4M
$278.6M
Q4 24
$319.6M
$241.4M
Q3 24
$317.7M
$275.1M
Q2 24
$334.7M
$288.2M
Net Profit
FULT
FULT
POWL
POWL
Q1 26
$94.8M
Q4 25
$99.0M
$41.4M
Q3 25
$100.5M
$51.4M
Q2 25
$99.2M
$48.2M
Q1 25
$93.0M
$46.3M
Q4 24
$68.6M
$34.8M
Q3 24
$63.2M
$46.1M
Q2 24
$95.0M
$46.2M
Gross Margin
FULT
FULT
POWL
POWL
Q1 26
Q4 25
28.4%
Q3 25
31.4%
Q2 25
30.7%
Q1 25
29.9%
Q4 24
24.7%
Q3 24
29.2%
Q2 24
28.4%
Operating Margin
FULT
FULT
POWL
POWL
Q1 26
Q4 25
35.7%
17.0%
Q3 25
38.2%
21.2%
Q2 25
37.8%
21.0%
Q1 25
36.1%
21.1%
Q4 24
27.0%
14.7%
Q3 24
25.1%
20.4%
Q2 24
30.8%
19.9%
Net Margin
FULT
FULT
POWL
POWL
Q1 26
28.2%
Q4 25
29.5%
16.5%
Q3 25
30.0%
17.3%
Q2 25
30.6%
16.8%
Q1 25
29.2%
16.6%
Q4 24
21.5%
14.4%
Q3 24
19.9%
16.7%
Q2 24
28.4%
16.0%
EPS (diluted)
FULT
FULT
POWL
POWL
Q1 26
$0.55
Q4 25
$0.53
$3.40
Q3 25
$0.53
$4.23
Q2 25
$0.53
$3.96
Q1 25
$0.49
$3.81
Q4 24
$0.36
$2.86
Q3 24
$0.33
$3.77
Q2 24
$0.52
$3.79

Balance Sheet & Financial Strength

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

Metric
FULT
FULT
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$500.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$668.9M
Total Assets
$32.2B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
POWL
POWL
Q1 26
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
Stockholders' Equity
FULT
FULT
POWL
POWL
Q1 26
$3.5B
Q4 25
$3.5B
$668.9M
Q3 25
$3.4B
$640.8M
Q2 25
$3.3B
$594.9M
Q1 25
$3.3B
$541.4M
Q4 24
$3.2B
$496.3M
Q3 24
$3.2B
$483.1M
Q2 24
$3.1B
$436.7M
Total Assets
FULT
FULT
POWL
POWL
Q1 26
$32.2B
Q4 25
$32.1B
$1.1B
Q3 25
$32.0B
$1.1B
Q2 25
$32.0B
$1.0B
Q1 25
$32.1B
$965.4M
Q4 24
$32.1B
$912.7M
Q3 24
$32.2B
$928.2M
Q2 24
$31.8B
$869.0M

Cash Flow & Capital Efficiency

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

Metric
FULT
FULT
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
FULT
FULT
POWL
POWL
Q1 26
Q4 25
$304.5M
$43.6M
Q3 25
$116.1M
$61.1M
Q2 25
$91.7M
$47.4M
Q1 25
$703.0K
$22.4M
Q4 24
$416.6M
$37.1M
Q3 24
$-22.0M
$-6.0M
Q2 24
$157.8M
$13.8M
Free Cash Flow
FULT
FULT
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
FULT
FULT
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
FULT
FULT
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
FULT
FULT
POWL
POWL
Q1 26
Q4 25
3.08×
1.05×
Q3 25
1.16×
1.19×
Q2 25
0.92×
0.98×
Q1 25
0.01×
0.48×
Q4 24
6.07×
1.07×
Q3 24
-0.35×
-0.13×
Q2 24
1.66×
0.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

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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