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

Bristow Group Inc. is the larger business by last-quarter revenue ($377.3M vs $251.2M, roughly 1.5× POWELL INDUSTRIES INC). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs 4.9%, a 11.6% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs 4.0%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $41.6M). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% 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.

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

POWL vs VTOL — Head-to-Head

Bigger by revenue
VTOL
VTOL
1.5× larger
VTOL
$377.3M
$251.2M
POWL
Growing faster (revenue YoY)
VTOL
VTOL
+2.7% gap
VTOL
6.7%
4.0%
POWL
Higher net margin
POWL
POWL
11.6% more per $
POWL
16.5%
4.9%
VTOL
More free cash flow
VTOL
VTOL
$6.2M more FCF
VTOL
$47.8M
$41.6M
POWL
Faster 2-yr revenue CAGR
VTOL
VTOL
Annualised
VTOL
5.8%
-0.8%
POWL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
POWL
POWL
VTOL
VTOL
Revenue
$251.2M
$377.3M
Net Profit
$41.4M
$18.4M
Gross Margin
28.4%
Operating Margin
17.0%
8.5%
Net Margin
16.5%
4.9%
Revenue YoY
4.0%
6.7%
Net Profit YoY
19.1%
-42.1%
EPS (diluted)
$3.40
$0.61

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
VTOL
VTOL
Q4 25
$251.2M
$377.3M
Q3 25
$298.0M
$386.3M
Q2 25
$286.3M
$376.4M
Q1 25
$278.6M
$350.5M
Q4 24
$241.4M
$353.5M
Q3 24
$275.1M
$365.1M
Q2 24
$288.2M
$359.7M
Q1 24
$255.1M
$337.1M
Net Profit
POWL
POWL
VTOL
VTOL
Q4 25
$41.4M
$18.4M
Q3 25
$51.4M
$51.5M
Q2 25
$48.2M
$31.7M
Q1 25
$46.3M
$27.4M
Q4 24
$34.8M
$31.8M
Q3 24
$46.1M
$28.2M
Q2 24
$46.2M
$28.2M
Q1 24
$33.5M
$6.6M
Gross Margin
POWL
POWL
VTOL
VTOL
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
VTOL
VTOL
Q4 25
17.0%
8.5%
Q3 25
21.2%
13.1%
Q2 25
21.0%
11.3%
Q1 25
21.1%
9.6%
Q4 24
14.7%
9.0%
Q3 24
20.4%
9.1%
Q2 24
19.9%
12.4%
Q1 24
15.5%
6.8%
Net Margin
POWL
POWL
VTOL
VTOL
Q4 25
16.5%
4.9%
Q3 25
17.3%
13.3%
Q2 25
16.8%
8.4%
Q1 25
16.6%
7.8%
Q4 24
14.4%
9.0%
Q3 24
16.7%
7.7%
Q2 24
16.0%
7.8%
Q1 24
13.1%
2.0%
EPS (diluted)
POWL
POWL
VTOL
VTOL
Q4 25
$3.40
$0.61
Q3 25
$4.23
$1.72
Q2 25
$3.96
$1.07
Q1 25
$3.81
$0.92
Q4 24
$2.86
$1.07
Q3 24
$3.77
$0.95
Q2 24
$3.79
$0.96
Q1 24
$2.75
$0.23

Balance Sheet & Financial Strength

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

Metric
POWL
POWL
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$500.8M
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$668.9M
$1.1B
Total Assets
$1.1B
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWL
POWL
VTOL
VTOL
Q4 25
$500.8M
$286.2M
Q3 25
$475.5M
$245.5M
Q2 25
$433.0M
$251.8M
Q1 25
$389.3M
$191.1M
Q4 24
$373.4M
$247.5M
Q3 24
$358.4M
$200.3M
Q2 24
$374.0M
$178.6M
Q1 24
$365.3M
$140.6M
Total Debt
POWL
POWL
VTOL
VTOL
Q4 25
$671.5M
Q3 25
$675.0M
Q2 25
$705.2M
Q1 25
$701.9M
Q4 24
$689.8M
Q3 24
$629.1M
Q2 24
$594.2M
Q1 24
$544.1M
Stockholders' Equity
POWL
POWL
VTOL
VTOL
Q4 25
$668.9M
$1.1B
Q3 25
$640.8M
$1.0B
Q2 25
$594.9M
$984.4M
Q1 25
$541.4M
$931.7M
Q4 24
$496.3M
$891.7M
Q3 24
$483.1M
$899.2M
Q2 24
$436.7M
$849.1M
Q1 24
$393.8M
$820.7M
Total Assets
POWL
POWL
VTOL
VTOL
Q4 25
$1.1B
$2.3B
Q3 25
$1.1B
$2.3B
Q2 25
$1.0B
$2.3B
Q1 25
$965.4M
$2.2B
Q4 24
$912.7M
$2.1B
Q3 24
$928.2M
$2.1B
Q2 24
$869.0M
$2.0B
Q1 24
$849.6M
$1.9B
Debt / Equity
POWL
POWL
VTOL
VTOL
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.77×
Q3 24
0.70×
Q2 24
0.70×
Q1 24
0.66×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$43.6M
$76.9M
Free Cash FlowOCF − Capex
$41.6M
$47.8M
FCF MarginFCF / Revenue
16.6%
12.7%
Capex IntensityCapex / Revenue
0.8%
7.7%
Cash ConversionOCF / Net Profit
1.05×
4.17×
TTM Free Cash FlowTrailing 4 quarters
$161.5M
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POWL
POWL
VTOL
VTOL
Q4 25
$43.6M
$76.9M
Q3 25
$61.1M
$23.1M
Q2 25
$47.4M
$99.0M
Q1 25
$22.4M
$-603.0K
Q4 24
$37.1M
$51.1M
Q3 24
$-6.0M
$66.0M
Q2 24
$13.8M
$33.7M
Q1 24
$17.0M
$26.7M
Free Cash Flow
POWL
POWL
VTOL
VTOL
Q4 25
$41.6M
$47.8M
Q3 25
$59.3M
$-6.2M
Q2 25
$42.3M
$67.4M
Q1 25
$18.3M
$-52.7M
Q4 24
$34.9M
$-32.4M
Q3 24
$-14.4M
$9.0M
Q2 24
$12.4M
$-16.7M
Q1 24
$16.1M
$-37.9M
FCF Margin
POWL
POWL
VTOL
VTOL
Q4 25
16.6%
12.7%
Q3 25
19.9%
-1.6%
Q2 25
14.8%
17.9%
Q1 25
6.6%
-15.0%
Q4 24
14.4%
-9.2%
Q3 24
-5.3%
2.5%
Q2 24
4.3%
-4.6%
Q1 24
6.3%
-11.2%
Capex Intensity
POWL
POWL
VTOL
VTOL
Q4 25
0.8%
7.7%
Q3 25
0.6%
7.6%
Q2 25
1.8%
8.4%
Q1 25
1.5%
14.9%
Q4 24
0.9%
23.6%
Q3 24
3.1%
15.6%
Q2 24
0.5%
14.0%
Q1 24
0.4%
19.2%
Cash Conversion
POWL
POWL
VTOL
VTOL
Q4 25
1.05×
4.17×
Q3 25
1.19×
0.45×
Q2 25
0.98×
3.12×
Q1 25
0.48×
-0.02×
Q4 24
1.07×
1.61×
Q3 24
-0.13×
2.34×
Q2 24
0.30×
1.20×
Q1 24
0.51×
4.04×

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%

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

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