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Preformed Line Products Company

Preformed Line Products Company

NASDAQ•PLPC
CEO: Mr. Robert G. Ruhlman
Sector: Industrials
Industry: Electrical Equipment & Parts
Listing Date: 1999-04-28
Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices. It also provides rugged outside plant closures to protect and support wireline and wireless networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions that are used by energy, renewable energy, communications, cable, and special industries for various applications. The company serves public and private energy utilities and communication companies, cable operators, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It markets its products through a direct sales force, as well as through manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.
Contact Information
660 Beta Drive, Mayfield, OH, 44143, United States
440-461-5200
plp.com
Market Cap
$1.12B
P/E (TTM)
30.1
25.4
Dividend Yield
0.4%
52W High
$245.99
52W Low
$118.99
52W Range
86%
Rank25Top 8.6%
6.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$178.09M+21.17%
4-Quarter Trend

EPS

$0.53-66.24%
4-Quarter Trend

FCF

$8.32M+43.59%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Quarterly Net Sales Surge Net sales reached $178.1M, increasing $31.1M or 21% versus prior year; excluding FX, sales grew 20%.
Operating Income Rises Operating Income for the quarter was $13.1M, showing a $2.7M increase, reflecting strong operational performance.
Total Assets Increased Total Assets grew to $644.6M as of September 30, 2025, up from $573.9M at year-end 2024.
JAP Telecom Acquisition Acquired JAP Telecom for $5.8M in May 2025; contributed $2.3M in sales during the quarter.

Risk Factors

Tariff and Cost Pressures Higher tariff and manufacturing costs, including LIFO valuation charges, impacted gross profit margins during the period.
Global Economic Uncertainty Escalating tariffs and geopolitical instability pose risks, potentially requiring price adjustments affecting demand.
LIFO Inventory Estimates Interim LIFO inventory valuations rely on management estimates, subject to change from final year-end valuation.
Pension Charge Impact Recorded $11.7M non-cash pre-tax charge for U.S. Plan termination, significantly reducing reported net income.

Outlook

Strategic Capacity Expansion Focused on expanding product lines, increasing capacity, and evaluating strategic mergers and acquisitions opportunities.
Strong Liquidity Position Liquidity remains strong with bank debt to equity ratio at 8.3%; borrowing capacity available under Facility.
Cost Containment Priority Continuing cost containment efforts and monitoring discretionary spending remain key priorities for 2025 performance.
Poland Plant Financing Secured PLN100.3M loan for new manufacturing plant in Poland, maturing in January 2035.

Peer Comparison

Revenue (TTM)

Allegiant Travel CompanyALGT
$2.58B
+3.3%
Astec Industries, Inc.ASTE
$1.37B
+6.7%
Barrett Business Services, Inc.BBSI
$1.22B
+9.6%

Gross Margin (Latest Quarter)

Allegiant Travel CompanyALGT
57.9%
+49.4pp
Preformed Line Products CompanyPLPC
29.7%
-1.5pp
CRA International, Inc.CRAI
27.4%
-3.9pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ALGT$1.61B-5.4-35.9%214.9%
GRC$1.33B26.512.9%37.0%
CRAI$1.31B23.127.0%30.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.1%
Moderate Growth
4Q Net Income CAGR
-36.9%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Apr 29, 2026
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EPS:-
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Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 30, 2025|
    Revenue: $178.09M+21.2%
    |
    EPS: $0.53-66.2%
    N/A
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 31, 2025|
    Revenue: $169.60M+22.3%
    |
    EPS: $2.57+34.6%
    N/A
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 2, 2025|
    Revenue: $148.54M+5.4%
    |
    EPS: $2.34+20.0%
    N/A
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 13, 2025|
    Revenue: $593.71M-11.3%
    |
    EPS: $7.56-41.3%
    N/A
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 31, 2024|
    Revenue: $146.97M-8.4%
    |
    EPS: $1.57-49.0%
    Meet
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 1, 2024|
    Revenue: $138.72M-23.7%
    |
    EPS: $1.91-53.9%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 2, 2024|
    Revenue: $140.90M-22.5%
    |
    EPS: $1.95-55.0%
    N/A
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 8, 2024|
    Revenue: $669.68M+5.1%
    |
    EPS: $12.87+16.7%
    N/A