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POWL (Powell Industries) Property, Plant and Equipment : $105 Mil (As of Sep. 2024)


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What is Powell Industries Property, Plant and Equipment?

Powell Industries's quarterly net PPE declined from Mar. 2024 ($98 Mil) to Jun. 2024 ($97 Mil) but then increased from Jun. 2024 ($97 Mil) to Sep. 2024 ($105 Mil).

Powell Industries's annual net PPE declined from Sep. 2022 ($101 Mil) to Sep. 2023 ($99 Mil) but then increased from Sep. 2023 ($99 Mil) to Sep. 2024 ($105 Mil).


Powell Industries Property, Plant and Equipment Historical Data

The historical data trend for Powell Industries's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Powell Industries Property, Plant and Equipment Chart

Powell Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.59 112.91 100.81 99.06 104.64

Powell Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.06 99.54 97.74 97.38 104.64

Powell Industries Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Powell Industries  (NAS:POWL) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Powell Industries Property, Plant and Equipment Related Terms

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Powell Industries Business Description

Traded in Other Exchanges
Address
8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States, and the rest from Canada, Europe, Asia Pacific, and other regions.
Executives
Thomas W Powell director, officer: President, CEO
Brett Alan Cope officer: Sr VP, COO 8550 MOSLEY ROAD, HOUSTON TX 77075
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075
Michael William Metcalf officer: Exec Vice President 8550 MOSLEY ROAD, HOUSTON TX 77075
Katheryn Baucom Curtis director 8550 MOSLEY ROAD, HOUSTON TX 77075
Christopher E Cragg director
Richard E Williams director 8550 MOSLEY ROAD, HOUSTON X1 77075
Milburn E Honeycutt officer: Vice President, Corp Controlle 7 AMBERSTONE DRIVE, SUGARLAND TX 77459
John David White director 8550 MOSLEY ROAD, HOUSTON TX 77075
Alaina K Brooks director 2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
John Stacey director C/O HARMAN INTERNATIONAL, 1101 PENNSYLVANIA AVE, NW #1010, WASHINGTON DC 20004
Bonnie V Hancock director P O BOX 12818, HOUSTON TX 77075
Perry L Elders director 8550 MOSLEY ROAD, HOUSTON TX 77075
William N. Clelland director, other: ADVISORY DIRECTOR 8550 MOSLEY ROAD, HOUSTON TX 77075
Joseph L Becherer director PO BOX 12818, HOUSTON TX 77217