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Side-by-side financial comparison of OIL STATES INTERNATIONAL, INC (OIS) 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 $178.5M, roughly 1.4× OIL STATES INTERNATIONAL, INC). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs -65.7%, a 82.2% gap on every dollar of revenue. On growth, OIL STATES INTERNATIONAL, INC posted the faster year-over-year revenue change (8.4% vs 4.0%). OIL STATES INTERNATIONAL, INC produced more free cash flow last quarter ($47.1M vs $41.6M). Over the past eight quarters, OIL STATES INTERNATIONAL, INC's revenue compounded faster (3.3% CAGR vs -0.8%).

Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.

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.

OIS vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
1.4× larger
POWL
$251.2M
$178.5M
OIS
Growing faster (revenue YoY)
OIS
OIS
+4.4% gap
OIS
8.4%
4.0%
POWL
Higher net margin
POWL
POWL
82.2% more per $
POWL
16.5%
-65.7%
OIS
More free cash flow
OIS
OIS
$5.5M more FCF
OIS
$47.1M
$41.6M
POWL
Faster 2-yr revenue CAGR
OIS
OIS
Annualised
OIS
3.3%
-0.8%
POWL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OIS
OIS
POWL
POWL
Revenue
$178.5M
$251.2M
Net Profit
$-117.2M
$41.4M
Gross Margin
10.9%
28.4%
Operating Margin
-63.7%
17.0%
Net Margin
-65.7%
16.5%
Revenue YoY
8.4%
4.0%
Net Profit YoY
-873.2%
19.1%
EPS (diluted)
$-1.99
$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
OIS
OIS
POWL
POWL
Q4 25
$178.5M
$251.2M
Q3 25
$165.2M
$298.0M
Q2 25
$165.4M
$286.3M
Q1 25
$159.9M
$278.6M
Q4 24
$164.6M
$241.4M
Q3 24
$174.3M
$275.1M
Q2 24
$186.4M
$288.2M
Q1 24
$167.3M
$255.1M
Net Profit
OIS
OIS
POWL
POWL
Q4 25
$-117.2M
$41.4M
Q3 25
$1.9M
$51.4M
Q2 25
$2.8M
$48.2M
Q1 25
$3.2M
$46.3M
Q4 24
$15.2M
$34.8M
Q3 24
$-14.3M
$46.1M
Q2 24
$1.3M
$46.2M
Q1 24
$-13.4M
$33.5M
Gross Margin
OIS
OIS
POWL
POWL
Q4 25
10.9%
28.4%
Q3 25
22.1%
31.4%
Q2 25
24.2%
30.7%
Q1 25
23.3%
29.9%
Q4 24
23.7%
24.7%
Q3 24
21.7%
29.2%
Q2 24
23.8%
28.4%
Q1 24
21.1%
24.6%
Operating Margin
OIS
OIS
POWL
POWL
Q4 25
-63.7%
17.0%
Q3 25
2.9%
21.2%
Q2 25
3.2%
21.0%
Q1 25
3.5%
21.1%
Q4 24
11.2%
14.7%
Q3 24
-6.3%
20.4%
Q2 24
1.1%
19.9%
Q1 24
-6.7%
15.5%
Net Margin
OIS
OIS
POWL
POWL
Q4 25
-65.7%
16.5%
Q3 25
1.2%
17.3%
Q2 25
1.7%
16.8%
Q1 25
2.0%
16.6%
Q4 24
9.2%
14.4%
Q3 24
-8.2%
16.7%
Q2 24
0.7%
16.0%
Q1 24
-8.0%
13.1%
EPS (diluted)
OIS
OIS
POWL
POWL
Q4 25
$-1.99
$3.40
Q3 25
$0.03
$4.23
Q2 25
$0.05
$3.96
Q1 25
$0.05
$3.81
Q4 24
$0.24
$2.86
Q3 24
$-0.23
$3.77
Q2 24
$0.02
$3.79
Q1 24
$-0.21
$2.75

Balance Sheet & Financial Strength

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

Metric
OIS
OIS
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$69.9M
$500.8M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$573.2M
$668.9M
Total Assets
$883.4M
$1.1B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OIS
OIS
POWL
POWL
Q4 25
$69.9M
$500.8M
Q3 25
$67.1M
$475.5M
Q2 25
$53.9M
$433.0M
Q1 25
$66.8M
$389.3M
Q4 24
$65.4M
$373.4M
Q3 24
$46.0M
$358.4M
Q2 24
$25.2M
$374.0M
Q1 24
$24.1M
$365.3M
Total Debt
OIS
OIS
POWL
POWL
Q4 25
$1.7M
Q3 25
$1.9M
Q2 25
$1.9M
Q1 25
$124.7M
Q4 24
$124.7M
Q3 24
$124.6M
Q2 24
$124.3M
Q1 24
$135.6M
Stockholders' Equity
OIS
OIS
POWL
POWL
Q4 25
$573.2M
$668.9M
Q3 25
$689.0M
$640.8M
Q2 25
$690.6M
$594.9M
Q1 25
$683.4M
$541.4M
Q4 24
$680.7M
$496.3M
Q3 24
$684.8M
$483.1M
Q2 24
$690.4M
$436.7M
Q1 24
$692.3M
$393.8M
Total Assets
OIS
OIS
POWL
POWL
Q4 25
$883.4M
$1.1B
Q3 25
$1.0B
$1.1B
Q2 25
$993.7M
$1.0B
Q1 25
$990.7M
$965.4M
Q4 24
$1.0B
$912.7M
Q3 24
$994.1M
$928.2M
Q2 24
$1.0B
$869.0M
Q1 24
$1.0B
$849.6M
Debt / Equity
OIS
OIS
POWL
POWL
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.18×
Q1 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
OIS
OIS
POWL
POWL
Operating Cash FlowLast quarter
$50.1M
$43.6M
Free Cash FlowOCF − Capex
$47.1M
$41.6M
FCF MarginFCF / Revenue
26.4%
16.6%
Capex IntensityCapex / Revenue
1.7%
0.8%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$73.9M
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OIS
OIS
POWL
POWL
Q4 25
$50.1M
$43.6M
Q3 25
$30.7M
$61.1M
Q2 25
$15.0M
$47.4M
Q1 25
$9.3M
$22.4M
Q4 24
$18.2M
$37.1M
Q3 24
$28.8M
$-6.0M
Q2 24
$10.2M
$13.8M
Q1 24
$-11.4M
$17.0M
Free Cash Flow
OIS
OIS
POWL
POWL
Q4 25
$47.1M
$41.6M
Q3 25
$22.0M
$59.3M
Q2 25
$4.7M
$42.3M
Q1 25
$137.0K
$18.3M
Q4 24
$4.0M
$34.9M
Q3 24
$21.4M
$-14.4M
Q2 24
$4.5M
$12.4M
Q1 24
$-21.5M
$16.1M
FCF Margin
OIS
OIS
POWL
POWL
Q4 25
26.4%
16.6%
Q3 25
13.3%
19.9%
Q2 25
2.8%
14.8%
Q1 25
0.1%
6.6%
Q4 24
2.4%
14.4%
Q3 24
12.3%
-5.3%
Q2 24
2.4%
4.3%
Q1 24
-12.8%
6.3%
Capex Intensity
OIS
OIS
POWL
POWL
Q4 25
1.7%
0.8%
Q3 25
5.3%
0.6%
Q2 25
6.2%
1.8%
Q1 25
5.7%
1.5%
Q4 24
8.6%
0.9%
Q3 24
4.3%
3.1%
Q2 24
3.1%
0.5%
Q1 24
6.0%
0.4%
Cash Conversion
OIS
OIS
POWL
POWL
Q4 25
1.05×
Q3 25
16.15×
1.19×
Q2 25
5.33×
0.98×
Q1 25
2.94×
0.48×
Q4 24
1.20×
1.07×
Q3 24
-0.13×
Q2 24
7.87×
0.30×
Q1 24
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OIS
OIS

Project Driven$112.6M63%
Downhole Technologies$32.1M18%
Completion And Production Services$23.1M13%
Military And Other Products$10.7M6%

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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