PLPCNasdaqWater, Sewer, Pipeline, Comm & Power Line ConstructionFiscal year ends December 31
PREFORMED LINE PRODUCTS CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$359.00+6.09 (+1.73%)
Close on Oct 19, 2026
- Market cap
- $1.72B
- P/E (TTM)
- 40.4
- Dividend yield
- 0.23%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
31.2%−1.9 pts over 5 years
Operating margin
8.2%−0.4 pts over 5 years
Net margin
5.3%−1.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +12.7% | +1.7% | +7.5% | +6.6% | |
| Gross profit | +9.9% | -1.0% | +6.2% | +7.3% | |
| Operating income | +8.6% | -7.4% | +6.5% | +16.1% | |
| Net income | -4.9% | -13.4% | +3.4% | +18.1% | |
| EPS, diluted | -4.8% | -13.1% | +3.6% | +19.1% | |
| Free cash flow | -36.9% | – | +14.3% | +13.4% | |
| Dividend per share | +1.2% | +0.4% | – | +0.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.9% | 10.6% | 7.9% | |
| Return on assets | 4.6% | 6.7% | 5.7% | |
| Current ratio | 3.41 | 2.47 | 3.17 | |
| Debt to equity | 0.21 | 0.21 | 0.09 | |
| Net debt to EBITDA | 0.44× | 0.30× | -0.49× | |
| Interest coverage | 25.4× | 16.8× | 42.3× | |
| Inventory turnover | 3.1× | 3.2× | 3.3× | |
| Capex to revenue | 7.3% | 5.3% | 6.0% | |
| Diluted shares | 5M | 5M | 5M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Preformed Line Products generated $308.34M from operations and spent $171.96M on capital expenditure, dividends and share buybacks. 87% of that went back into the business.
Generated
$308.34M
Used
$171.96M
Capital expenditure$149.10M87%Dividends$20.53M12%Share buybacks$2.34M1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.3%
×Asset turnover1.09×
×Equity multiplier1.37×
=Return on equity, FY20257.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.3% | 1.09× | 1.37× | 7.9% |
| FY2024 | 6.2% | 1.01× | 1.40× | 8.8% |
| FY2023 | 9.5% | 1.14× | 1.51× | 16.3% |
| FY2022 | 8.5% | 1.20× | 1.57× | 16.1% |
| FY2021 | 6.9% | 1.09× | 1.56× | 11.7% |
| FY2020 | 6.4% | 1.04× | 1.60× | 10.6% |
| FY2019 | 5.2% | 1.12× | 1.53× | 9.0% |
| FY2018 | 6.3% | 1.17× | 1.47× | 10.9% |
| FY2017 | 3.3% | 1.08× | 1.52× | 5.5% |
| FY2016 | 4.5% | 1.01× | 1.50× | 6.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$35.28M
- Cash generatingOperating cash flow above zero$73.47M
- Return on assets improvedROA up on the prior year6.2% → 6.1%
- Earnings backed by cashOperating cash flow above net income$73.47M vs $35.28M
- Less leverageLong-term debt to assets fell3.2% → 5.0%
- Better liquidityCurrent ratio rose2.91 → 3.17
- No dilutionShare count did not rise5M → 5M
- Gross margin improvedGross margin up on the prior year31.97% → 31.16%
- More efficientAsset turnover rose0.98 → 1.17