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Side-by-side financial comparison of POWELL INDUSTRIES INC (POWL) and Ultragenyx Pharmaceutical Inc. (RARE). Click either name above to swap in a different company.

POWELL INDUSTRIES INC is the larger business by last-quarter revenue ($251.2M vs $207.3M, roughly 1.2× Ultragenyx Pharmaceutical Inc.). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs -62.0%, a 78.5% gap on every dollar of revenue. On growth, Ultragenyx Pharmaceutical Inc. posted the faster year-over-year revenue change (25.9% vs 4.0%). POWELL INDUSTRIES INC produced more free cash flow last quarter ($41.6M vs $-100.8M). Over the past eight quarters, Ultragenyx Pharmaceutical Inc.'s revenue compounded faster (38.0% 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.

Ultragenyx Pharmaceutical Inc. is an American biopharmaceutical company involved in the research and development of novel products for treatment of rare and ultra-rare genetic diseases for which there are typically no approved treatments and high unmet medical need. The company works with multiple drug modalities including biologics, small molecule, gene therapies, and ASO and mRNAs in the disease categories of bone, endocrine, metabolic, muscle and CNS diseases.

POWL vs RARE — Head-to-Head

Bigger by revenue
POWL
POWL
1.2× larger
POWL
$251.2M
$207.3M
RARE
Growing faster (revenue YoY)
RARE
RARE
+21.9% gap
RARE
25.9%
4.0%
POWL
Higher net margin
POWL
POWL
78.5% more per $
POWL
16.5%
-62.0%
RARE
More free cash flow
POWL
POWL
$142.4M more FCF
POWL
$41.6M
$-100.8M
RARE
Faster 2-yr revenue CAGR
RARE
RARE
Annualised
RARE
38.0%
-0.8%
POWL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
POWL
POWL
RARE
RARE
Revenue
$251.2M
$207.3M
Net Profit
$41.4M
$-128.6M
Gross Margin
28.4%
Operating Margin
17.0%
-54.7%
Net Margin
16.5%
-62.0%
Revenue YoY
4.0%
25.9%
Net Profit YoY
19.1%
3.5%
EPS (diluted)
$3.40
$-1.28

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
POWL
POWL
RARE
RARE
Q4 25
$251.2M
$207.3M
Q3 25
$298.0M
$159.9M
Q2 25
$286.3M
$166.5M
Q1 25
$278.6M
$139.3M
Q4 24
$241.4M
$164.6M
Q3 24
$275.1M
$139.5M
Q2 24
$288.2M
$147.0M
Q1 24
$255.1M
$108.8M
Net Profit
POWL
POWL
RARE
RARE
Q4 25
$41.4M
$-128.6M
Q3 25
$51.4M
$-180.4M
Q2 25
$48.2M
$-115.0M
Q1 25
$46.3M
$-151.1M
Q4 24
$34.8M
$-133.2M
Q3 24
$46.1M
$-133.5M
Q2 24
$46.2M
$-131.6M
Q1 24
$33.5M
$-170.7M
Gross Margin
POWL
POWL
RARE
RARE
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
POWL
POWL
RARE
RARE
Q4 25
17.0%
-54.7%
Q3 25
21.2%
-106.9%
Q2 25
21.0%
-64.8%
Q1 25
21.1%
-102.6%
Q4 24
14.7%
-74.3%
Q3 24
20.4%
-94.6%
Q2 24
19.9%
-79.1%
Q1 24
15.5%
-151.9%
Net Margin
POWL
POWL
RARE
RARE
Q4 25
16.5%
-62.0%
Q3 25
17.3%
-112.8%
Q2 25
16.8%
-69.0%
Q1 25
16.6%
-108.5%
Q4 24
14.4%
-80.9%
Q3 24
16.7%
-95.7%
Q2 24
16.0%
-89.5%
Q1 24
13.1%
-156.8%
EPS (diluted)
POWL
POWL
RARE
RARE
Q4 25
$3.40
$-1.28
Q3 25
$4.23
$-1.81
Q2 25
$3.96
$-1.17
Q1 25
$3.81
$-1.57
Q4 24
$2.86
$-1.34
Q3 24
$3.77
$-1.40
Q2 24
$3.79
$-1.52
Q1 24
$2.75
$-2.03

Balance Sheet & Financial Strength

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

Metric
POWL
POWL
RARE
RARE
Cash + ST InvestmentsLiquidity on hand
$500.8M
$421.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$668.9M
$-80.0M
Total Assets
$1.1B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWL
POWL
RARE
RARE
Q4 25
$500.8M
$421.0M
Q3 25
$475.5M
$202.5M
Q2 25
$433.0M
$176.3M
Q1 25
$389.3M
$127.1M
Q4 24
$373.4M
$174.0M
Q3 24
$358.4M
$150.6M
Q2 24
$374.0M
$480.7M
Q1 24
$365.3M
$112.3M
Stockholders' Equity
POWL
POWL
RARE
RARE
Q4 25
$668.9M
$-80.0M
Q3 25
$640.8M
$9.2M
Q2 25
$594.9M
$151.3M
Q1 25
$541.4M
$144.2M
Q4 24
$496.3M
$255.0M
Q3 24
$483.1M
$346.8M
Q2 24
$436.7M
$432.4M
Q1 24
$393.8M
$140.3M
Total Assets
POWL
POWL
RARE
RARE
Q4 25
$1.1B
$1.5B
Q3 25
$1.1B
$1.2B
Q2 25
$1.0B
$1.3B
Q1 25
$965.4M
$1.3B
Q4 24
$912.7M
$1.5B
Q3 24
$928.2M
$1.5B
Q2 24
$869.0M
$1.6B
Q1 24
$849.6M
$1.3B

Cash Flow & Capital Efficiency

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

Metric
POWL
POWL
RARE
RARE
Operating Cash FlowLast quarter
$43.6M
$-99.8M
Free Cash FlowOCF − Capex
$41.6M
$-100.8M
FCF MarginFCF / Revenue
16.6%
-48.6%
Capex IntensityCapex / Revenue
0.8%
0.5%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$161.5M
$-472.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POWL
POWL
RARE
RARE
Q4 25
$43.6M
$-99.8M
Q3 25
$61.1M
$-91.4M
Q2 25
$47.4M
$-108.3M
Q1 25
$22.4M
$-166.5M
Q4 24
$37.1M
$-79.3M
Q3 24
$-6.0M
$-67.0M
Q2 24
$13.8M
$-77.0M
Q1 24
$17.0M
$-190.7M
Free Cash Flow
POWL
POWL
RARE
RARE
Q4 25
$41.6M
$-100.8M
Q3 25
$59.3M
$-92.7M
Q2 25
$42.3M
$-110.7M
Q1 25
$18.3M
$-167.8M
Q4 24
$34.9M
$-79.5M
Q3 24
$-14.4M
$-68.6M
Q2 24
$12.4M
$-79.0M
Q1 24
$16.1M
$-193.9M
FCF Margin
POWL
POWL
RARE
RARE
Q4 25
16.6%
-48.6%
Q3 25
19.9%
-58.0%
Q2 25
14.8%
-66.5%
Q1 25
6.6%
-120.5%
Q4 24
14.4%
-48.3%
Q3 24
-5.3%
-49.2%
Q2 24
4.3%
-53.7%
Q1 24
6.3%
-178.2%
Capex Intensity
POWL
POWL
RARE
RARE
Q4 25
0.8%
0.5%
Q3 25
0.6%
0.8%
Q2 25
1.8%
1.5%
Q1 25
1.5%
1.0%
Q4 24
0.9%
0.1%
Q3 24
3.1%
1.2%
Q2 24
0.5%
1.4%
Q1 24
0.4%
3.0%
Cash Conversion
POWL
POWL
RARE
RARE
Q4 25
1.05×
Q3 25
1.19×
Q2 25
0.98×
Q1 25
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

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%

RARE
RARE

Royalty$105.6M51%
Products$101.7M49%

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