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Side-by-side financial comparison of Millrose Properties, Inc. (MRP) 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 $189.5M, roughly 1.3× Millrose Properties, Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs 16.5%, a 48.0% gap on every dollar of revenue.

Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.

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.

MRP vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
1.3× larger
POWL
$251.2M
$189.5M
MRP
Higher net margin
MRP
MRP
48.0% more per $
MRP
64.5%
16.5%
POWL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MRP
MRP
POWL
POWL
Revenue
$189.5M
$251.2M
Net Profit
$122.2M
$41.4M
Gross Margin
28.4%
Operating Margin
84.8%
17.0%
Net Margin
64.5%
16.5%
Revenue YoY
4.0%
Net Profit YoY
285.8%
19.1%
EPS (diluted)
$0.74
$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
MRP
MRP
POWL
POWL
Q4 25
$189.5M
$251.2M
Q3 25
$179.3M
$298.0M
Q2 25
$149.0M
$286.3M
Q1 25
$82.7M
$278.6M
Q4 24
$241.4M
Q3 24
$275.1M
Q2 24
$288.2M
Q1 24
$255.1M
Net Profit
MRP
MRP
POWL
POWL
Q4 25
$122.2M
$41.4M
Q3 25
$105.1M
$51.4M
Q2 25
$112.8M
$48.2M
Q1 25
$39.8M
$46.3M
Q4 24
$34.8M
Q3 24
$46.1M
Q2 24
$46.2M
Q1 24
$33.5M
Gross Margin
MRP
MRP
POWL
POWL
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%
Q1 24
24.6%
Operating Margin
MRP
MRP
POWL
POWL
Q4 25
84.8%
17.0%
Q3 25
85.3%
21.2%
Q2 25
85.1%
21.0%
Q1 25
55.2%
21.1%
Q4 24
14.7%
Q3 24
20.4%
Q2 24
19.9%
Q1 24
15.5%
Net Margin
MRP
MRP
POWL
POWL
Q4 25
64.5%
16.5%
Q3 25
58.6%
17.3%
Q2 25
75.7%
16.8%
Q1 25
48.1%
16.6%
Q4 24
14.4%
Q3 24
16.7%
Q2 24
16.0%
Q1 24
13.1%
EPS (diluted)
MRP
MRP
POWL
POWL
Q4 25
$0.74
$3.40
Q3 25
$0.63
$4.23
Q2 25
$0.68
$3.96
Q1 25
$0.39
$3.81
Q4 24
$2.86
Q3 24
$3.77
Q2 24
$3.79
Q1 24
$2.75

Balance Sheet & Financial Strength

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

Metric
MRP
MRP
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$35.0M
$500.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.9B
$668.9M
Total Assets
$9.3B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRP
MRP
POWL
POWL
Q4 25
$35.0M
$500.8M
Q3 25
$242.6M
$475.5M
Q2 25
$66.6M
$433.0M
Q1 25
$89.5M
$389.3M
Q4 24
$373.4M
Q3 24
$358.4M
Q2 24
$374.0M
Q1 24
$365.3M
Stockholders' Equity
MRP
MRP
POWL
POWL
Q4 25
$5.9B
$668.9M
Q3 25
$5.9B
$640.8M
Q2 25
$5.9B
$594.9M
Q1 25
$5.9B
$541.4M
Q4 24
$496.3M
Q3 24
$483.1M
Q2 24
$436.7M
Q1 24
$393.8M
Total Assets
MRP
MRP
POWL
POWL
Q4 25
$9.3B
$1.1B
Q3 25
$9.0B
$1.1B
Q2 25
$8.0B
$1.0B
Q1 25
$7.2B
$965.4M
Q4 24
$912.7M
Q3 24
$928.2M
Q2 24
$869.0M
Q1 24
$849.6M

Cash Flow & Capital Efficiency

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

Metric
MRP
MRP
POWL
POWL
Operating Cash FlowLast quarter
$3.7B
$43.6M
Free Cash FlowOCF − Capex
$41.6M
FCF MarginFCF / Revenue
16.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
30.05×
1.05×
TTM Free Cash FlowTrailing 4 quarters
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRP
MRP
POWL
POWL
Q4 25
$3.7B
$43.6M
Q3 25
$123.1M
$61.1M
Q2 25
$109.1M
$47.4M
Q1 25
$21.3M
$22.4M
Q4 24
$37.1M
Q3 24
$-6.0M
Q2 24
$13.8M
Q1 24
$17.0M
Free Cash Flow
MRP
MRP
POWL
POWL
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
Q1 24
$16.1M
FCF Margin
MRP
MRP
POWL
POWL
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%
Q1 24
6.3%
Capex Intensity
MRP
MRP
POWL
POWL
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%
Q1 24
0.4%
Cash Conversion
MRP
MRP
POWL
POWL
Q4 25
30.05×
1.05×
Q3 25
1.17×
1.19×
Q2 25
0.97×
0.98×
Q1 25
0.53×
0.48×
Q4 24
1.07×
Q3 24
-0.13×
Q2 24
0.30×
Q1 24
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MRP
MRP

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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