Powell Industries, Inc.

Powell Industries designs, develops, manufactures, sells, and services custom-engineered equipment and systems for electrical power distribution and control. Its product portfolio includes integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgears and control gears, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches, and bus duct systems. The company also provides field service inspection, installation, commissioning, modification, and repair services, as well as spare parts, retrofit and retrofill components, and replacement circuit breakers for existing switchgear systems. These products and services are used across various industries such as onshore and offshore oil and gas production, liquefied natural gas facilities, pipelines, refineries, petrochemical plants, electric utilities, light rail traction power, mining, pulp and paper, data centers, commercial construction, and government entities.

Powell Industries is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol POWL. Its shares are traded in United States Dollars (USD), as the company is headquartered in the United States and reports its financial results in USD. The exchange is one of the major US stock exchanges, providing liquidity and visibility for the company's stock among global investors.

Powell Industries operates in the Industrials sector and is specifically classified under the Electrical Equipment & Parts industry. This industry encompasses companies that manufacture and distribute electrical equipment, components, and systems for power generation, transmission, distribution, and control. Powell's focus on custom-engineered electrical power control solutions, including switchgears, substations, and motor control centers, aligns with this classification. The company serves critical infrastructure markets where reliable electrical equipment is essential for operations.

Powell Industries is headquartered in Houston, Texas, United States. The company was founded in 1947 and has a global presence, operating in the United States, Canada, the Middle East, Africa, Europe, Mexico, the Asia/Pacific region, and Central and South America. Its products and services cater to a wide range of markets including onshore and offshore oil and gas production, liquefied natural gas facilities and terminals, pipelines and refineries, petrochemical plants, electric utilities, light rail traction power, mining and metals, pulp and paper, data centers, commercial construction, and universities and government entities. This broad geographic and industry reach allows Powell to serve diverse customers with specialized electrical equipment needs.

Powell Industries generates revenue primarily through the design, manufacture, and sale of custom-engineered electrical equipment and systems, as well as through related services. The company's main revenue streams include integrated power control room substations, custom-engineered modules, electrical houses, switchgears, control gears, circuit breakers, monitoring and control systems, motor control centers, switches, and bus duct systems. Additionally, Powell provides field service inspection, installation, commissioning, modification, and repair services. It also offers spare parts, retrofit and retrofill components for existing systems, and replacement circuit breakers for switchgears. By serving a diverse customer base across multiple industries and geographies, Powell generates recurring revenue from both new equipment sales and aftermarket services.