Loading…
Designs alternative-fuel and diesel engines for material handling, power generation and industrial equipment.
Designs alternative-fuel and diesel engines for material handling, power generation and industrial equipment.
Sells engines and power systems to equipment makers who install them in forklifts, generators and industrial machines, so orders follow those makers' production plans. It builds on engine blocks from outside producers, including General Motors, and adds its own engineering, fuel systems and software.
Moat: narrow (customer qualification, process know-how). Engineered engine platforms qualified into OEM equipment lines, at smaller scale than diesel majors.
Headquarters: Wood Dale, Illinois, US · Founded: 1985 · Employees: 1,000
Size Power Solutions International (PSIX) is a United States Industrials company (Auto Parts: OEM) with a market value of $903M, the 2310th largest of 3,117 United States companies the cockpit tracks. Shares closed at $39.16 on 6 Nov 2026.
Performance Over six months the shares fell 48.4%, against -16.0% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 13.2% over the last twelve months (peer median +13.2%); the operating margin is 13.0% (peer median 6.3%).
Valuation It trades at 11.8× forward earnings against a peer median of 12.2× (8th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 13.1 points above its cost of capital (13.3% WACC).
Backlog Backlog (remaining performance obligations) was $1.80M at 30 Sep 2026, down 14% on a year earlier — 0.0 years of trailing revenue. Backlog detail →
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $676M | $722M | $476M | $459M | $481M |
| Revenue growth | — | +52% | +4% | -5% | — |
| Gross profit | $160M | $184M | $139M | $104M | $86.4M |
| EBITDA | $94.1M | $115M | $86.8M | $49.9M | $31.9M |
| Net income | $67.9M | $114M | $69.3M | $26.3M | $11.3M |
| Free cash flow | $65.9M | $13.0M | $57.1M | $64.5M | -$10.2M |
| Capital expenditure | $7.27M | $9.97M | $4.56M | $5.04M | $1.35M |
| Total debt | $135M | $153M | $146M | $174M | $225M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Power Solutions International PSIX | $903M | -48% | +13% | 13% | 11.8× | 8.9% |
| Cummins CMI | $62.0B | -34% | +3% | 11% | 13.8× | 11.6% |
| Doosan 000150.KS | $7.10B | -60% | +11% | 6% | 16.1× | 15.0% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PSIX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.3% | -7.0% | 5th lowest of 21 |
| 6-month return | -48.4% | -16.0% | 3rd lowest of 21 |
| Distance from 52-week high | -63.2% | -35.2% | 5th lowest of 21 |
| Revenue growth (TTM) | +13.2% | +13.2% | 11th highest of 21 |
| Operating margin | 13.0% | 6.3% | 3rd highest of 21 |
| Forward P/E | 11.8× | 12.2× | 8th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | 8.9% | 6.6% | 6th most demanding of 15 |
| Growth delivered (Del g) | +11.6% | +7.7% | 6th highest of 15 |
| Hurdle (Req g minus delivered) | -2.7 pp | +0.0 pp | 7th least demanding of 15 |
| ROIC minus cost of capital | +13.1 pp | -2.2 pp | highest of 21 |
| EV / EBITDA | 10.2× | 8.2× | 6th most expensive of 16 |
| Net debt / EBITDA | 0.6× | 2.3× | 4th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Power Solutions International PSIX | United States | $903M | -48% | +13% | 13% | 11.8× | 8.9% | +11.6% |
| Array Technologies ARRY | United States | $902M | -32% | -16% | 0% | 6.5× | 57.9% | +8.0% |
| Azul S.A. Sponsored ADR AZUL | United States | $915M | +86% | +12% | 14% | 13.3× | n/a | n/a |
| Graham GHM | United States | $916M | -21% | +21% | 7% | 44.8× | n/a | n/a |
| Republic Airways RJET | United States | $942M | -12% | +438% | 11% | n/a | 2.8% | +25.2% |
| Quanex Building Products NX | United States | $949M | +2% | +1% | 6% | 10.7× | 6.0% | +16.6% |
| York Space Systems YSS | United States | $860M | -82% | +52% | -15% | n/a | n/a | n/a |
| Apogee Enterprises APOG | United States | $956M | +25% | +3% | 9% | 13.6× | -0.3% | +2.7% |
| Marten Transport MRTN | United States | $959M | -25% | -5% | 1% | 27.1× | n/a | n/a |
| Controladora Vuela Compania de Aviacion SAB de CV Sponsored ADR VLRS | United States | $850M | +3% | +19% | -5% | n/a | -13.7% | +23.8% |
| Gibraltar Industries ROCK | United States | $964M | -20% | +14% | 11% | 7.9× | 7.3% | +1.9% |
| Kforce KFRC | United States | $970M | +25% | +2% | 5% | 18.0× | 9.8% | -1.0% |
| Fluence Energy FLNC | United States | $973M | -78% | +7% | -4% | n/a | n/a | n/a |
| Douglas Dynamics PLOW | United States | $839M | -20% | +23% | 13% | 11.0× | 5.6% | +6.4% |
| TaskUs TASK | United States | $833M | +41% | +11% | 12% | 6.5× | 0.5% | +19.9% |
| Falcon's Beyond Global FBYD | United States | $831M | -41% | +181% | -67% | n/a | n/a | n/a |
| Astec Industries ASTE | United States | $822M | -33% | +19% | 5% | 9.8× | 9.5% | +6.6% |
| Safe Bulkers SB | United States | $809M | +1% | +11% | 33% | 9.4× | 3.6% | +6.8% |
| Willdan WLDN | United States | $1.01B | -25% | +18% | 7% | 14.5× | 15.4% | +11.8% |
| Manitowoc MTW | United States | $808M | -3% | +9% | 3% | 16.2× | 11.2% | +9.2% |
| National Presto Industries NPK | United States | $1.02B | 0% | +21% | 9% | n/a | 8.3% | +7.4% |
Power Solutions International reported $1.80M of remaining performance obligations at 30 Sep 2026, down 14% from a year earlier and down 14% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.