Powell Industries Inc cash flow statement

In fiscal 2025, Powell Industries Inc's operations generated $168m of cash; it spent $13.1m on capital projects, leaving free cash flow of $155m. It returned $12.9m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Powell Industries Inc: cash flow statement, annual
Fiscal year	2010Sept 2010	2011Sept 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Cash from operations	64	15	−6	91	9	13	75	37	−29	69	72	−30	−4	183	109	168	256
Depreciation and amortisation	14	15	13	10	11	13	13	13	13	12	11	10	9	9	7	7	9
Stock-based pay	2	0	2	4	3	3	5	3	3	4	3	3	4	5	5	5	5
Capital spending	4	7	29	74	16	35	3	4	4	4	5	3	2	8	12	13	12
Free cash flow	60	8	−35	17	−7	−22	72	33	−33	65	67	−33	−6	175	97	155	244
Free cash flow after stock pay	58	8	−37	13	−11	−25	67	30	−36	61	64	−36	−10	170	92	150	239
Dividends paid	—	—	—	—	12	12	12	12	12	12	12	12	12	12	13	13	13
Share buybacks	—	—	—	—	—	21	4	0	0	—	—	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Powell Industries Inc: cash flow statement, quarterly
Quarter	2024 Q4Sept 2024	2025 Q1Dec 2024	2025 Q2Mar 2025	2025 Q3Jun 2025	2025 Q4Sept 2025	2026 Q1Dec 2025	2026 Q2Mar 2026	2026 Q3Jun 2026
Cash from operations	−6	37	22	47	61	44	51	100
Depreciation and amortisation	2	2	2	2	2	2	2	2
Stock-based pay	1	2	1	1	1	2	1	1
Capital spending	8	2	4	5	2	2	2	7
Free cash flow	−14	35	18	42	59	42	49	94
Free cash flow after stock pay	−15	33	17	41	58	40	48	92

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Powell Industries Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Powell Industries Inc.