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PL

Preformed Line Products Company

PLPCIndustrialsNASDAQ

Electrical Equipment & Parts

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Financials · Annual
Revenue
$669.3M
+12.7% YoY
Net Income
$35.3M
-4.9% YoY
EBITDA
$70.0M
-5.2% YoY
Free Cash Flow
$14.6M

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About Preformed Line Products Company

Part of the industrials sector, Preformed Line Products Company (PLPC) is listed under Electrical Equipment & Parts. Valued at $1.84B, PLPC is a small-cap name in its sector. 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.

Key stats
Market Cap$1.84B
P/E (TTM)54.06
EPS$6.96
Beta0.88
52W Change+167.5%
Dividend Yield0.22%
ROE7.5%
Analysis

With $69.2M in cash and $49.6M in debt, PLPC maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company generates $14.6M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 7.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $637.0M (2022) to $669.3M (2025).

At over 50x earnings, PLPC carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Preformed Line Products Company's trajectory.

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