• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SD filed by Powell Industries Inc.

    5/22/25 4:59:02 PM ET
    $POWL
    Electrical Products
    Energy
    Get the next $POWL alert in real time by email
    SD 1 a2024conflictmineralsforms.htm SD Document

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    _________________

    FORM SD
    Specialized Disclosure Report

    _________________
    Powell Industries, Inc.
    (Exact name of registrant as specified in its charter)

    _________________
    Delaware001-1248888-0106100
    (State or other jurisdiction of incorporation or organization)(Commission File No.)(I.R.S. Employer Identification No.)
    8550 Mosley Road
    Houston, Texas77075-1180
    (Address of principal executive offices)(Zip Code)

    Michael W. Metcalf, 713-944-6900
    (Name and telephone number, including area code, of the person to contact in connection with this report.)
     _________________
    Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

    ☒
    Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2024.
    ☐Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended 2024.





    SECTION 1 - Conflict Minerals Disclosure

    Item 1.01 - Conflict Minerals Report

        Powell Industries, Inc. has included the Conflict Minerals Report as an exhibit to its Form SD for the period from January 1, 2024 to December 31, 2024. Unless the context otherwise indicates, “Powell,” “the Company,” “we,” “us” and “our” refer to Powell Industries, Inc. and its consolidated subsidiaries.

        For the year 2024, certain of our operations manufactured, or contracted to manufacture, products for which 3TGs, as defined below, are necessary to their functionality or production (“Covered Products”). Conflict minerals are defined in Section 13(p) as (A) cassiterite, columbite-tantalite (coltan), gold, wolframite, and their derivatives, which are limited to tin, tantalum and tungsten (together with gold, collectively referred to as 3TGs), or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo (“DRC”) or any adjoining country that shares an internationally recognized border with the DRC (the “Covered Countries”). Accordingly, we have conducted a reasonable country of origin inquiry (“RCOI”) that was designed to determine whether any of the 3TGs in our Covered Products originated in the Democratic Republic of the Congo or an adjoining country (Angola, Burundi, the Central African Republic, the Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda or Zambia), or were from recycled or scrap sources.

        A summary of our RCOI and steps of due diligence on the source and chain of custody of any 3TGs in our Covered Products is included in our Conflict Minerals Report, which is filed as Exhibit 1.01 to this Form SD. In addition, our Conflict Minerals Policy is publicly available on our company website at powellind.com under the section entitled "Suppliers" and named as "Conflict Minerals Policy Statement."


    Forward-Looking Statements

        The Report contains “forward-looking statements.” All statements other than statements of historical fact included in the Report are forward-looking statements. Such forward-looking statements include, but are not limited to, statements related to improvements in its processes and engagement with suppliers, as well as other statements that are not historical facts contained in or incorporated by reference into the Report. Statements that contain words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “continue,” “should,” “could,” “may,” “plan,” “project,” “predict,” “potential,” “possible,” “would,” “outlook,” “will” or similar expressions are forward-looking statements.

    These forward-looking statements speak only as of the date of the Report; we disclaim any obligation to update or revise these statements unless required by applicable law, whether as a result of new information, future events or otherwise; and we caution you not to unduly rely on them. We have based these forward-looking statements on expectations and assumptions of management at the time the statements were made. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties that could cause actual results to differ materially from those included in the Report, most of which are difficult to predict and many of which are beyond our control. These risks, contingencies and uncertainties relate to, but are not limited to, the factors detailed in the Report and in our other SEC filings.






    Item 1.02    Exhibit.

    We have filed our Conflict Minerals Report as Exhibit 1.01 to this Form SD.

    Item 2.01     Exhibits.

    Exhibit No.
    Description
    Exhibit 1.01
    Conflict Minerals Report for the calendar year ended December 31, 2024 as required by Item 1.01 of this Form.







    SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

    POWELL INDUSTRIES, INC
    Date: May 22, 2025
    By:
    /s/ Michael W. Metcalf
    Michael W. Metcalf
    Executive Vice President
    Chief Financial Officer
    (Principal Financial Officer)





















    Get the next $POWL alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $POWL

    DatePrice TargetRatingAnalyst
    12/11/2024$312.00Buy
    ROTH MKM
    6/10/2022Buy → Neutral
    Sidoti
    3/29/2022$26.00Neutral → Buy
    Sidoti
    More analyst ratings

    $POWL
    Financials

    Live finance-specific insights

    See more
    • Powell Industries Announces Second Quarter Fiscal 2025 Results

      HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the second quarter of Fiscal 2025 ended March 31, 2025. All comparisons are to the second quarter of Fiscal 2024, unless otherwise noted. Second Quarter Key Financial Highlights: Revenues totaled $279 million, an increase of 9%;Gross profit of $83 million, or 29.9% of revenue;Net income of $46 million, or $3.81 per diluted share, increased 38%;New orders(1) totaled $249 million;Backlog(2) as of March 31, 2025 was unchanged at $1.3 billion;Cash and short-term invest

      5/6/25 4:15:00 PM ET
      $POWL
      Electrical Products
      Energy
    • Powell Industries Declares Quarterly Cash Dividend

      HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2675 per share. The dividend is payable on June 18, 2025, to shareholders of record at the close of business on May 21, 2025. Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as u

      5/6/25 4:14:00 PM ET
      $POWL
      Electrical Products
      Energy
    • Powell Industries Announces Date and Conference Call for Fiscal 2025 Second Quarter Results

      HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal second quarter ended March 31, 2025 on Tuesday, May 6, 2025 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, May 7, 2025 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2025 Q2 Earnings Conference CallWhen:Wednesday, May 7, 2025 – 11:00 a.m. eastern / 10:00 a.m

      4/22/25 4:14:59 PM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Powell Industries Inc.

      SC 13G/A - POWELL INDUSTRIES INC (0000080420) (Subject)

      10/31/24 11:54:57 AM ET
      $POWL
      Electrical Products
      Energy
    • Amendment: SEC Form SC 13D/A filed by Powell Industries Inc.

      SC 13D/A - POWELL INDUSTRIES INC (0000080420) (Subject)

      10/10/24 5:16:24 PM ET
      $POWL
      Electrical Products
      Energy
    • SEC Form SC 13D/A filed by Powell Industries Inc. (Amendment)

      SC 13D/A - POWELL INDUSTRIES INC (0000080420) (Subject)

      2/14/24 4:14:02 PM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Powell Thomas W bought $393,611 worth of shares (20,000 units at $19.68), sold $1,731,400 worth of shares (20,000 units at $86.57) and gifted 2,000 shares, decreasing direct ownership by 0.27% to 725,643 units (SEC Form 4)

      4 - POWELL INDUSTRIES INC (0000080420) (Issuer)

      11/13/23 5:00:16 PM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Exec Vice President Metcalf Michael William sold $129,355 worth of shares (646 units at $200.24), decreasing direct ownership by 2% to 35,554 units (SEC Form 4)

      4 - POWELL INDUSTRIES INC (0000080420) (Issuer)

      3/27/25 5:31:20 PM ET
      $POWL
      Electrical Products
      Energy
    • President & CEO Cope Brett Alan sold $89,209 worth of shares (446 units at $200.02), decreasing direct ownership by 0.28% to 158,125 units (SEC Form 4)

      4 - POWELL INDUSTRIES INC (0000080420) (Issuer)

      3/27/25 4:10:53 PM ET
      $POWL
      Electrical Products
      Energy
    • Director Williams Richard E was granted 500 shares, increasing direct ownership by 4% to 14,760 units (SEC Form 4)

      4 - POWELL INDUSTRIES INC (0000080420) (Issuer)

      2/21/25 10:30:59 AM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Powell Industries Announces Second Quarter Fiscal 2025 Results

      HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the second quarter of Fiscal 2025 ended March 31, 2025. All comparisons are to the second quarter of Fiscal 2024, unless otherwise noted. Second Quarter Key Financial Highlights: Revenues totaled $279 million, an increase of 9%;Gross profit of $83 million, or 29.9% of revenue;Net income of $46 million, or $3.81 per diluted share, increased 38%;New orders(1) totaled $249 million;Backlog(2) as of March 31, 2025 was unchanged at $1.3 billion;Cash and short-term invest

      5/6/25 4:15:00 PM ET
      $POWL
      Electrical Products
      Energy
    • Powell Industries Declares Quarterly Cash Dividend

      HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.2675 per share. The dividend is payable on June 18, 2025, to shareholders of record at the close of business on May 21, 2025. Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as u

      5/6/25 4:14:00 PM ET
      $POWL
      Electrical Products
      Energy
    • Powell Industries Announces Date and Conference Call for Fiscal 2025 Second Quarter Results

      HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ:POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal second quarter ended March 31, 2025 on Tuesday, May 6, 2025 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company's website, on Wednesday, May 7, 2025 at 11:00 a.m. eastern time. What:Powell Industries Fiscal 2025 Q2 Earnings Conference CallWhen:Wednesday, May 7, 2025 – 11:00 a.m. eastern / 10:00 a.m

      4/22/25 4:14:59 PM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    SEC Filings

    See more
    • SEC Form SD filed by Powell Industries Inc.

      SD - POWELL INDUSTRIES INC (0000080420) (Filer)

      5/22/25 4:59:02 PM ET
      $POWL
      Electrical Products
      Energy
    • SEC Form 10-Q filed by Powell Industries Inc.

      10-Q - POWELL INDUSTRIES INC (0000080420) (Filer)

      5/7/25 1:16:12 PM ET
      $POWL
      Electrical Products
      Energy
    • Powell Industries Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

      8-K - POWELL INDUSTRIES INC (0000080420) (Filer)

      5/6/25 4:40:03 PM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    Leadership Updates

    Live Leadership Updates

    See more
    • Powell Industries Announces Retirement Of Chairman Emeritus Thomas W. Powell

      HOUSTON, March 5, 2021 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control, and distribution of electrical energy, today announced that Chairman Emeritus Thomas W. Powell has elected to retire from the Company's Board of Directors at the conclusion of his current term which ends at the February 16, 2022 Meeting of Stockholders.   Mr. Powell's decision comes after more than 50 years of service having started with the Company in 1964. Prior to his Chairman Emeritus role, Mr. Powell served as the Company's Chairman of the Board from 1984 through September 2019.  Mr. Powell also served three terms as the Company's

      3/5/21 4:30:00 PM ET
      $POWL
      Electrical Products
      Energy

    $POWL
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • ROTH MKM initiated coverage on Powell Inds with a new price target

      ROTH MKM initiated coverage of Powell Inds with a rating of Buy and set a new price target of $312.00

      12/11/24 8:16:23 AM ET
      $POWL
      Electrical Products
      Energy
    • Powell Inds downgraded by Sidoti

      Sidoti downgraded Powell Inds from Buy to Neutral

      6/10/22 8:56:28 AM ET
      $POWL
      Electrical Products
      Energy
    • Powell Inds upgraded by Sidoti with a new price target

      Sidoti upgraded Powell Inds from Neutral to Buy and set a new price target of $26.00

      3/29/22 9:20:49 AM ET
      $POWL
      Electrical Products
      Energy