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

POWELL INDUSTRIES INC is the larger business by last-quarter revenue ($251.2M vs $183.7M, roughly 1.4× Wingstop Inc.). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs 16.3%, a 0.2% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs 4.0%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% 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.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

POWL vs WING — Head-to-Head

Bigger by revenue
POWL
POWL
1.4× larger
POWL
$251.2M
$183.7M
WING
Growing faster (revenue YoY)
WING
WING
+3.3% gap
WING
7.4%
4.0%
POWL
Higher net margin
POWL
POWL
0.2% more per $
POWL
16.5%
16.3%
WING
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
-0.8%
POWL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
POWL
POWL
WING
WING
Revenue
$251.2M
$183.7M
Net Profit
$41.4M
$29.9M
Gross Margin
28.4%
86.5%
Operating Margin
17.0%
27.4%
Net Margin
16.5%
16.3%
Revenue YoY
4.0%
7.4%
Net Profit YoY
19.1%
EPS (diluted)
$3.40
$1.08

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
WING
WING
Q1 26
$183.7M
Q4 25
$251.2M
$175.7M
Q3 25
$298.0M
$175.7M
Q2 25
$286.3M
$174.3M
Q1 25
$278.6M
$171.1M
Q4 24
$241.4M
$161.8M
Q3 24
$275.1M
$162.5M
Q2 24
$288.2M
$155.7M
Net Profit
POWL
POWL
WING
WING
Q1 26
$29.9M
Q4 25
$41.4M
$26.8M
Q3 25
$51.4M
$28.5M
Q2 25
$48.2M
$26.8M
Q1 25
$46.3M
$92.3M
Q4 24
$34.8M
$26.8M
Q3 24
$46.1M
$25.7M
Q2 24
$46.2M
$27.5M
Gross Margin
POWL
POWL
WING
WING
Q1 26
86.5%
Q4 25
28.4%
Q3 25
31.4%
Q2 25
30.7%
Q1 25
29.9%
Q4 24
24.7%
85.6%
Q3 24
29.2%
85.0%
Q2 24
28.4%
85.4%
Operating Margin
POWL
POWL
WING
WING
Q1 26
27.4%
Q4 25
17.0%
26.7%
Q3 25
21.2%
27.9%
Q2 25
21.0%
25.9%
Q1 25
21.1%
22.4%
Q4 24
14.7%
25.9%
Q3 24
20.4%
24.5%
Q2 24
19.9%
26.5%
Net Margin
POWL
POWL
WING
WING
Q1 26
16.3%
Q4 25
16.5%
15.2%
Q3 25
17.3%
16.2%
Q2 25
16.8%
15.4%
Q1 25
16.6%
53.9%
Q4 24
14.4%
16.5%
Q3 24
16.7%
15.8%
Q2 24
16.0%
17.7%
EPS (diluted)
POWL
POWL
WING
WING
Q1 26
$1.08
Q4 25
$3.40
$0.99
Q3 25
$4.23
$1.02
Q2 25
$3.96
$0.96
Q1 25
$3.81
$3.24
Q4 24
$2.86
$0.91
Q3 24
$3.77
$0.88
Q2 24
$3.79
$0.93

Balance Sheet & Financial Strength

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

Metric
POWL
POWL
WING
WING
Cash + ST InvestmentsLiquidity on hand
$500.8M
$128.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$668.9M
Total Assets
$1.1B
$648.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWL
POWL
WING
WING
Q1 26
$128.8M
Q4 25
$500.8M
$196.6M
Q3 25
$475.5M
$237.6M
Q2 25
$433.0M
$227.9M
Q1 25
$389.3M
$251.4M
Q4 24
$373.4M
$315.9M
Q3 24
$358.4M
$84.0M
Q2 24
$374.0M
$96.7M
Total Debt
POWL
POWL
WING
WING
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
$1.2B
Q3 24
Q2 24
Stockholders' Equity
POWL
POWL
WING
WING
Q1 26
Q4 25
$668.9M
$-736.8M
Q3 25
$640.8M
$-702.6M
Q2 25
$594.9M
$-686.0M
Q1 25
$541.4M
$-715.0M
Q4 24
$496.3M
$-675.6M
Q3 24
$483.1M
$-447.5M
Q2 24
$436.7M
$-437.5M
Total Assets
POWL
POWL
WING
WING
Q1 26
$648.9M
Q4 25
$1.1B
$693.4M
Q3 25
$1.1B
$721.0M
Q2 25
$1.0B
$708.3M
Q1 25
$965.4M
$696.8M
Q4 24
$912.7M
$716.2M
Q3 24
$928.2M
$484.8M
Q2 24
$869.0M
$451.8M

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
WING
WING
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
POWL
POWL
WING
WING
Q1 26
Q4 25
$43.6M
$57.3M
Q3 25
$61.1M
$63.9M
Q2 25
$47.4M
$6.6M
Q1 25
$22.4M
$25.3M
Q4 24
$37.1M
$7.7M
Q3 24
$-6.0M
$69.0M
Q2 24
$13.8M
$36.2M
Free Cash Flow
POWL
POWL
WING
WING
Q1 26
Q4 25
$41.6M
$34.5M
Q3 25
$59.3M
$61.7M
Q2 25
$42.3M
$-7.8M
Q1 25
$18.3M
$17.3M
Q4 24
$34.9M
$-8.6M
Q3 24
$-14.4M
$54.9M
Q2 24
$12.4M
$25.9M
FCF Margin
POWL
POWL
WING
WING
Q1 26
Q4 25
16.6%
19.6%
Q3 25
19.9%
35.1%
Q2 25
14.8%
-4.5%
Q1 25
6.6%
10.1%
Q4 24
14.4%
-5.3%
Q3 24
-5.3%
33.8%
Q2 24
4.3%
16.6%
Capex Intensity
POWL
POWL
WING
WING
Q1 26
Q4 25
0.8%
13.0%
Q3 25
0.6%
1.3%
Q2 25
1.8%
8.2%
Q1 25
1.5%
4.7%
Q4 24
0.9%
10.1%
Q3 24
3.1%
8.7%
Q2 24
0.5%
6.6%
Cash Conversion
POWL
POWL
WING
WING
Q1 26
Q4 25
1.05×
2.14×
Q3 25
1.19×
2.24×
Q2 25
0.98×
0.25×
Q1 25
0.48×
0.27×
Q4 24
1.07×
0.29×
Q3 24
-0.13×
2.68×
Q2 24
0.30×
1.32×

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%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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