{
 "ticker": "POWL",
 "name": "Powell Industries",
 "url": "https://grantbishop.pages.dev/index/POWL",
 "sells": "Powell Industries builds electrical switchgear and power distribution equipment that feeds and protects large facilities, including data centers.",
 "why": "We follow it because its business sits among the companies that build the infrastructure the AI build-out needs.",
 "questions": [
  {
   "slug": "data-centers",
   "question": "Who builds and equips the data centers?",
   "url": "https://grantbishop.pages.dev/index/q/data-centers"
  }
 ],
 "tests": [
  {
   "id": "W-3",
   "claim": "Spare rented computing capacity moves work around; it does not cancel new power and cooling construction, which follows capital spending, not chip scarcity.",
   "url": "https://grantbishop.pages.dev/claims/spare-compute-does-not-stop-power-building"
  },
  {
   "id": "W-2",
   "claim": "The summer sell-offs on beat-and-raise reports are the market paying less for earnings, not the businesses failing. They reverse when the price of money stops rising.",
   "url": "https://grantbishop.pages.dev/claims/market-pays-less-for-earnings"
  }
 ],
 "reports_next": {
  "date": "2026-11-17",
  "event": "results for the quarter ending Sep 2026",
  "kind": "expected",
  "source": "expected, per Nasdaq"
 },
 "latest_disclosed": {
  "form": "10-Q",
  "filed": "2026-08-04",
  "period": "2026-06-30",
  "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000107/powl-20260630.htm"
 },
 "disclosed": [],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 10-Q filed 2026-08-04 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": {
   "date": "2026-11-17",
   "event": "results for the quarter ending Sep 2026"
  },
  "timeline": [
   {
    "form": "8-K",
    "filed": "2026-11-04",
    "period": "2026-11-03",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000136/powl-20261103.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-08-04",
    "period": "2026-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000107/powl-20260630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-08-03",
    "period": "2026-08-03",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000103/powl-20260803.htm",
    "what_it_said": "Powell Industries — reported revenue of $312 million for its fiscal third quarter, up 9 percent, against new orders of $934 million and a backlog of $2.4 billion, up 69 percent, including a data-center order above $400 million for on-site power generation (8-K, 3 August 2026).",
    "from_piece": "https://grantbishop.pages.dev/pieces/vrt-orders-real-price-mistake"
   },
   {
    "form": "8-K",
    "filed": "2026-07-06",
    "period": "2026-07-01",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000095/powl-20260701.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-05-05",
    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000070/powl-20260331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-05-05",
    "period": "2026-05-05",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000067/powl-20260505.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-05-04",
    "period": "2026-05-04",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000063/powl-20260504.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-03-31",
    "period": "2026-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000054/powl-20260331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-02-18",
    "period": "2026-02-18",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000028/powl-20260218.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2026-02-04",
    "period": "2025-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000015/powl-20251231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-02-03",
    "period": "2026-02-03",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000013/powl-20260203.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2026-01-06",
    "period": "2026-01-02",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000009/powl-20260102.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2025-11-19",
    "period": "2025-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000152/powl-20250930.htm",
    "what_it_said": "What resolves it: its fiscal fourth-quarter report; the last two came on 19 November 2024 and 18 November 2025.",
    "from_piece": "https://grantbishop.pages.dev/pieces/vrt-orders-real-price-mistake"
   },
   {
    "form": "8-K",
    "filed": "2025-11-18",
    "period": "2025-11-18",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000145/powl-20251118.htm",
    "what_it_said": "What resolves it: its fiscal fourth-quarter report; the last two came on 19 November 2024 and 18 November 2025.",
    "from_piece": "https://grantbishop.pages.dev/pieces/vrt-orders-real-price-mistake"
   },
   {
    "form": "8-K",
    "filed": "2025-11-04",
    "period": "2025-11-04",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000140/powl-20251104.htm",
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    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-08-06",
    "period": "2025-06-30",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000098/powl-20250630.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-08-05",
    "period": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000095/powl-20250805.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-07-22",
    "period": "2025-07-18",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000087/powl-20250718.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-05-07",
    "period": "2025-03-31",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000061/powl-20250331.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-05-06",
    "period": "2025-05-06",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000057/powl-20250506.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-24",
    "period": "2025-02-19",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000044/powl-20250219.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-19",
    "period": "2025-02-19",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000034/powl-20250219.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-Q",
    "filed": "2025-02-07",
    "period": "2024-12-31",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000029/powl-20241231.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-06",
    "period": "2025-02-06",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000026/powl-20250206.htm",
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    "from_piece": null
   },
   {
    "form": "8-K",
    "filed": "2025-02-04",
    "period": "2025-02-04",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042025000020/powl-20250204.htm",
    "what_it_said": null,
    "from_piece": null
   },
   {
    "form": "10-K",
    "filed": "2024-11-20",
    "period": "2024-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042024000086/powl-20240930.htm",
    "what_it_said": "What resolves it: its fiscal fourth-quarter report; the last two came on 19 November 2024 and 18 November 2025.",
    "from_piece": "https://grantbishop.pages.dev/pieces/vrt-orders-real-price-mistake"
   },
   {
    "form": "8-K",
    "filed": "2024-11-19",
    "period": "2024-11-19",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042024000084/powl-20241119.htm",
    "what_it_said": "What resolves it: its fiscal fourth-quarter report; the last two came on 19 November 2024 and 18 November 2025.",
    "from_piece": "https://grantbishop.pages.dev/pieces/vrt-orders-real-price-mistake"
   },
   {
    "form": "8-K",
    "filed": "2024-11-05",
    "period": "2024-11-05",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042024000081/powl-20241105.htm",
    "what_it_said": null,
    "from_piece": null
   }
  ],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 141.65,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 134,
   "high": 143.04,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 92.59,
   "low_date": "2025-11-21",
   "high": 328,
   "high_date": "2026-05-11",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-09",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": {
   "value": 5160672691,
   "currency": "USD",
   "as_of": "2026-11-09",
   "computed": "the last close times the shares outstanding on the filing cover",
   "shares": {
    "count": 36432564,
    "as_of": "2026-08-03",
    "form": "10-Q",
    "filed": "2026-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/80420/000008042026000107/"
   }
  },
  "forward_multiple": null,
  "checked_at": "2026-11-10 08:30:40"
 },
 "exhibits": null,
 "mentions": [
  {
   "date": "2026-10-12",
   "slug": "vrt-orders-real-price-mistake",
   "headline": "Demand for Vertiv's cooling kit held; the share price did not",
   "url": "https://grantbishop.pages.dev/pieces/vrt-orders-real-price-mistake",
   "line": null,
   "idea": {
    "id": "W-2",
    "text": null,
    "url": "https://grantbishop.pages.dev/claims/market-pays-less-for-earnings"
   }
  }
 ],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}