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Preformed Line Products Company PLPC R2K

Industrials · Electrical Equipment & Parts · United States
https://plp.com

Preformed Line Products Company designs and manufactures products and systems employed in the construction and maintenance of overhead, ground-mounted, and underground networks in the United States, the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers energy products for supporting, protecting, terminating, and splicing transmission, and distribution lines, as well as bolted, welded, and compressed connectors for substations; optical ground wire and all dielectric self-supporting fiber optic cables; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices like spacer dampers. It also provides communications products, such as rugged outside plant closures to protect and support wireline and wireless networks; demarcation related products, including wall boxes, pre-terminated cabinets, wall plates, and passive components; and formed wire products, utility pole line hardware, motion control products, and cable storage devices. In addition, the company offers special industries products comprising hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions; drone inspection services for transmission and distribution power lines, substations, generation facilities, and communications assets; mounting solutions for photovoltaic solar, commercial, industrial, utility, and residential applications; and EV charging station foundations. It serves public and private energy utilities, and communication companies; cable operators, contractors, and subcontractors; and distributors and value-added resellers through a direct sales force and manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.

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$369.82
+160.32% 1Y

Market & Price

Market Cap
$1.81B
Current Price
$369.82
High / Low (52W)
$380.05 / $139.46
Beta
0.88

Valuation

Stock P/E
53.29
Industry PE
28.38
Forward P/E
-
PEG Ratio
-
Book Value
$96.88
Price to Book
3.82
P/S
2.59
EV/EBITDA
22.56
Dividend Yield
0.22%

Profitability & Returns

ROCE
8.71%
ROE
7.54%
ROA
5.53%
Profit Margin
4.92%
Op Margin
7.78%
EPS (Latest Qtr)
$2.14
EPS (TTM)
$6.94

Balance Sheet & Liquidity

Debt/Equity
0.10
Quick Ratio
1.62
Current Ratio
3.00
Debt
$49.60M
Total Assets
$653.62M
Current Assets
$363.46M
Working Capital
$248.75M

Ownership

Promoter Holding
49.76%
Chg in Prom Hold
-
FII / Inst Holding
68.21%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$1.79B
Total Revenue (TTM)
$697.08M
EBITDA
$79.28M
Free Cash Flow
$14.55M
Operating Cash Flow
$73.86M
Shares Outstanding
4.89M
Gross Margin
30.86%
Payout Ratio
11.80%

Growth (CAGR)

Revenue 5Y
1.66%
Profit 5Y
-13.44%
Revenue (YoY)
18.70%
Earnings (YoY)
-8.20%

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 53.3.
  • Earnings shrank at -13.4% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PLPC Preformed Line Products Company R2K 369.82 53.29 $1.81B 0.22% 8.71% 7.54% 1.66% -13.44%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------84.57M97.51M99.24M96.89M98.14M108.92M108.41M105.41M97.15M114.84M119.22M113.65M102.85M117.63M127.46M117.55M133.04M135.38M138.22M163.47M165.40M181.82M181.81M160.44M140.90M138.72M146.97M148.54M169.60M178.09M173.11M176.28M
Cost of Revenue -----------------------------------99.87M114.20M125.24M121.49M121.06M
Gross Profit 24.76M26.44M26.16M26.09M24.29M26.81M28.86M29.46M24.66M29.67M33.53M30.75M31.52M35.20M33.49M32.02M27.27M37.81M39.34M36.18M32.91M39.57M44.91M40.19M43.04M43.16M41.95M52.71M58.29M66.28M66.33M54.14M44.13M44.27M45.78M48.67M55.40M52.85M51.62M55.22M
Operating Expenses -----------------------------------35.54M38.27M39.72M39.87M41.50M
Operating Income -85.00K5.18M2.09M-3.69M4.08M6.62M-2.26M6.29M9.81M-7.75M9.33M8.02M-2.05M11.12M11.64M-5.15M14.81M16.89M10.77M12.74M13.08M9.45M17.95M17.37M28.98M28.15M20.08M11.56M11.29M10.39M13.13M17.12M13.13M11.75M13.72M
EBITDA -----------------------------------19.44M23.31M8.47M18.73M20.73M
Interest Expense -----------------------------------376.00K318.00K312.00K297.00K232.00K
Pretax Income -----------------------------------13.67M17.31M2.36M12.29M14.33M
Tax Provision -----------------------------------2.12M4.61M-263.00K3.85M3.78M
Net Income -256.00K3.68M206.00K3.04M2.66M2.75M4.74M5.10M1.52M4.16M6.28M702.00K5.53M6.74M9.05M5.26M1.82M7.90M7.95M5.62M3.70M10.48M12.95M7.18M8.87M10.71M12.29M13.71M11.89M21.40M20.47M15.13M9.60M9.37M7.68M11.52M12.71M2.63M8.44M10.52M
Diluted EPS -0.050.680.040.580.510.530.920.990.300.811.230.141.091.331.761.020.361.561.551.090.742.112.591.451.802.152.492.772.364.284.083.031.941.891.542.332.560.531.722.14

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------336.63M378.21M420.88M444.86M466.45M-637.02M669.68M593.71M669.34M
Cost of Revenue -------------421.84M434.83M403.90M460.80M
Gross Profit 84.77M108.22M140.85M144.44M130.90M120.95M103.45M109.41M118.63M132.23M140.59M154.01M-215.18M234.85M189.81M208.54M
Operating Expenses -------------139.29M150.69M139.05M153.40M
Operating Income 19.46M28.48M45.35M44.12M31.15M21.24M12.35M21.48M26.11M32.93M32.63M40.21M-75.89M84.15M50.76M55.13M
EBITDA -------------93.35M105.16M73.82M69.95M
Interest Expense -------------3.21M3.90M2.22M1.30M
Pretax Income -------------73.70M82.34M50.77M45.62M
Tax Provision -------------19.30M19.01M13.66M10.31M
Net Income 23.36M23.11M30.98M29.29M20.59M12.86M6.67M15.26M12.65M26.58M23.30M29.80M-54.40M63.33M37.09M35.28M
Diluted EPS 4.354.335.785.453.772.391.242.952.475.214.585.98-10.8812.687.507.14
R&D Expense 9.22M1.70M2.40M2.10M2.30M2.70M2.90M2.70M2.10M2.40M3.00M2.80M3.30M4.50M5.20M--

Compounded Sales Growth

5 Years:1.66%
1 Year:18.70%

Compounded Profit Growth

5 Years:-13.44%
1 Year:-8.20%

Stock Price Performance

1 Year:+160.32%
6 Months:+82.09%
3 Months:+45.91%
1 Month:+9.64%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --280.98M327.35M333.06M332.41M353.97M323.37M340.94M359.79M358.80M433.57M461.09M-568.48M603.15M573.88M653.62M
Current Assets --------------328.17M324.81M315.79M363.46M
Cash & Equivalents 19.87M24.10M22.66M32.13M28.12M24.29M29.64M30.39M30.74M44.36M43.61M38.93M45.17M-37.24M53.61M57.24M83.39M
Inventory --------------147.46M148.81M129.91M148.73M
Receivables --------------125.26M106.89M111.40M113.17M
Total Liabilities --------------209.85M187.00M151.55M178.07M
Current Liabilities --56.56M61.83M58.24M52.22M55.33M51.67M55.45M62.83M69.49M81.07M103.77M-115.33M111.32M108.41M114.71M
Long Term Debt --9.37M27.99M9.32M13.05M31.75M31.75M42.94M34.60M24.96M53.72M33.33M-68.42M48.80M18.36M32.86M
Total Debt --------------98.17M71.81M36.70M47.14M
Total Equity --197.34M212.86M241.07M252.33M242.93M218.98M223.54M238.54M249.37M268.54M292.08M-358.64M416.16M422.31M475.52M
Shares Outstanding --------------6.68M7.05M7.10M7.15M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 29.02M28.69M17.05M50.38M18.22M--25.97M33.83M22.98M27.22M41.64M-26.15M107.64M67.48M73.47M
Investing Cash Flow -22.69M-25.84M-18.78M-24.25M-24.14M---28.47M-2.56M-14.02M-48.80M-14.04M--46.76M-44.79M-12.36M-43.38M
Financing Cash Flow -3.16M-2.93M12.42M-30.42M-3.18M--4.39M-19.55M-9.05M17.71M-23.16M-22.54M-48.92M-47.80M-9.23M
Capital Expenditure -10.67M-12.27M-18.91M-21.04M-21.03M-17.66M-10.75M-24.73M-11.23M-9.53M-29.47M-24.57M--40.60M-35.33M-14.65M-40.13M
Free Cash Flow 18.35M16.41M-1.86M29.34M-2.81M--1.25M22.60M13.45M-2.25M17.07M--14.45M72.31M52.83M33.34M
Net Change in Cash -------------1.94M13.93M7.32M20.86M
Share Buybacks 168.00K1.08M623.00K333.00K2.88M104.00K6.00M3.11M2.00K191.00K2.80M5.84M177.00K158.00K728.00K226.00K1.05M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------32.5%31.4%31.4%31.6%33.0%-33.8%35.1%32.0%31.2%
Operating Margin % -------6.4%6.9%7.8%7.3%8.6%-11.9%12.6%8.5%8.2%
Net Margin % -------4.5%3.3%6.3%5.2%6.4%-8.5%9.5%6.2%5.3%
ROE % -11.7%14.6%12.1%8.2%5.3%3.0%6.8%5.3%10.7%8.7%10.2%-15.2%15.2%8.8%7.4%
ROCE % -12.7%17.1%16.1%11.1%7.1%4.5%7.5%8.8%11.4%9.3%11.3%-16.7%17.1%10.9%10.2%

Shareholding Pattern

Insiders
49.76%
Institutions
68.21%
Public Float
135.76%

Top Institutional Holders

#Holder% HeldSharesValue
1 HighTower Advisors, LLC 19.80% 968.07K $358.01M
2 Dimensional Fund Advisors LP 5.83% 284.85K $105.34M
3 Blackrock Inc. 4.19% 204.70K $75.70M
4 Mirae Asset Global ETFs Holdings Ltd. 3.07% 150.23K $55.56M
5 Wasatch Advisors LP 2.31% 112.89K $41.75M
6 Vanguard Capital Management LLC 2.26% 110.47K $40.85M
7 Neuberger Berman Group, LLC 2.02% 98.72K $36.51M
8 FMR, LLC 1.73% 84.40K $31.21M
9 Royce & Associates LP 1.59% 77.49K $28.66M
10 Geode Capital Management, LLC 1.53% 74.74K $27.64M

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