Preformed Line Products Company (PLPC), along with its subsidiaries, specializes in the design and manufacturing of a comprehensive range of products and ...
Preformed Line Products Company is an industrial infrastructure products manufacturer whose history began in 1947, when Thomas F. Peterson developed preformed spiral armor rod technology for reinforcing and protecting overhead electrical conductors. The company has since expanded into a broad portfolio of engineered products and integrated systems for power, communications, ...Preformed Line Products Company is an industrial infrastructure products manufacturer whose history began in 1947, when Thomas F. Peterson developed preformed spiral armor rod technology for reinforcing and protecting overhead electrical conductors. The company has since expanded into a broad portfolio of engineered products and integrated systems for power, communications, cable, renewable-energy, and specialized infrastructure markets. PLP trades on the Nasdaq Global Select Market under the symbol PLPC and is headquartered at 660 Beta Drive in Mayfield, Ohio.
The company’s business is centered on products that support, anchor, protect, terminate, connect, and manage the behavior of cables and conductors. Its offerings include formed-wire products, dead-end and suspension systems, transmission-line hardware, spacers, spacer-dampers, Stockbridge dampers, corona-suppression devices, compression fittings, and other components used in overhead power transmission and distribution. For communications infrastructure, PLP supplies protective closures and related systems for copper and fiber-optic networks. These products help protect fixed-line networks from moisture, contamination, environmental exposure, mechanical stress, and other operating risks.
Additional product categories include underground connectors, pole-line hardware, hardware assemblies, solar hardware systems, guy markers, tree guards, fiber-optic cable markers, pedestal markers, urethane products, and resale items. This portfolio allows PLP to serve both traditional utility infrastructure and newer applications such as renewable-energy installations, fiber deployment, broadband expansion, and specialized communications networks. The company sells through a combination of direct sales personnel and manufacturing representatives, reaching customers across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.
PLP’s customer base includes public and private electric utilities, telecommunications carriers, cable operators, contractors, subcontractors, distributors, value-added resellers, government agencies, financial institutions, and other infrastructure owners. Its value proposition is based on engineered reliability, product durability, application expertise, global manufacturing capabilities, and the ability to provide specialized hardware for demanding field conditions. Because many products are used in critical networks, purchasing decisions can depend on technical qualification, standards compliance, installation efficiency, lifecycle performance, and supply availability rather than only unit price.
The supplied financial snapshot identifies PLP as an Industrials company in the Electrical Equipment & Parts industry with approximately 3,734 full-time employees. Its reported trailing twelve-month gross margin was approximately 31.4%, EBITDA margin approximately 11.2%, and net profit margin approximately 5.8%. The company also reported a current ratio near 3.0 and a debt-to-equity ratio near 0.10, indicating substantial short-term liquidity and relatively modest financial leverage in the supplied period. Capital expenditure represented approximately 5.1% of revenue, consistent with a manufacturing business that must maintain and upgrade production capacity, tooling, facilities, and equipment. Dennis F. McKenna has served as chief executive officer since 2024, while Robert G. Ruhlman was appointed executive chairman. PLP’s long-term objectives are supported by continued investment in product innovation, global operations, customer service, and infrastructure markets benefiting from grid modernization, broadband deployment, renewable-energy development, and the ongoing need to maintain aging utility and communications networks.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$669.3M
+12.7%
+20.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$35.3M
-4.9%
+104.4%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+31.2%
-2.5%
+9.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+8.2%
-3.6%
+68.6%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+5.3%
-15.6%
+69.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$33.3M
-36.9%
+562.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+5.0%
-44.0%
+483.5%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
10.1%
+14.4%
+17.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
3.17x
+8.8%
-0.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.