# Preformed Line Products Company (PLPC)

> Source: Nexqual · https://nexqual.com/PLPC · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Preformed Line Products Company (PLPC), nexqual.com/PLPC" · informational, not investment advice.

**Price:** USD 331.72 (-8.23% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 361.46 · day 325.42–348 · 52w 184.02–504.69 · market cap $1.62B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $740M, net income $43.1M (5.8% margin), free cash flow $34.4M (SEC filings).
- Valuation: P/E 37.6x (avg 18.9x at the last 3 fiscal year-ends), EV/EBITDA 17.5x, net cash $35.2M.
- 1 of 80 tracked superinvestors hold PLPC (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $3.0M; 2 not under a Rule 10b5-1 plan ($3.0M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts), mean target USD 480 (range 480–480).
- Total return with dividends: 1Y +42.2% vs S&P 500 +14.9%; 5Y +406.1% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 3.37, revenue estimate $215M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $517M | $637M | $670M | $594M | $669M | $740M |
| Gross profit | $166M | $215M | $235M | $190M | $209M | — |
| Operating income | $47.5M | $69.4M | $84.2M | $50.8M | $55.1M | $66.5M |
| Net income | $35.7M | $54.4M | $63.3M | $37.1M | $35.3M | $43.1M |
| EPS (diluted) | $7.19 | $10.88 | $12.68 | $7.50 | $7.14 | — |
| Free cash flow | $15.2M | -$14.4M | $72.3M | $52.8M | $33.3M | $34.4M |
| Gross margin | 32.1% | 33.8% | 35.1% | 32.0% | 31.2% | — |
| Operating margin | 9.2% | 10.9% | 12.6% | 8.5% | 8.2% | 9.0% |
| Net margin | 6.9% | 8.5% | 9.5% | 6.2% | 5.3% | 5.8% |
| Revenue growth | +10.9% | +23.1% | +5.1% | -11.3% | +12.7% | — |
| Cash + short-term investments | $36.4M | $37.2M | $53.6M | $57.2M | $83.4M | — |
| Total debt | $43.2M | $71.4M | $55.3M | $20.8M | $38.3M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 37.6x · P/S 2.2x · EV/EBITDA 17.5x · EV/Sales 2.1x · P/FCF 47.1x · P/B 3.3x · FCF yield 2.12% · Earnings yield 2.66% · Dividend yield (paid, TTM) 0.25% · Buyback yield (TTM) 0.11% · Net cash $35.2M · EV $1.59B
P/E at fiscal year-ends: Dec 2025 29.0x, Dec 2024 17.0x, Dec 2023 10.6x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold PLPC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.02% | $2.8M | Reduced -6.3% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-04…2026-09-08 | Ruhlman Randall M |  | 5,142 | $2.1M | 0.6% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-05 | Corlett Glen E | Director | 2,000 | $914K | 26.3% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 480 (low 480, high 480).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +42.2% | +406.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +42.4% | +38.2% |
| Volatility (annualized) | 62.0% | 39.6% |
| Max drawdown | -31.0% (Aug 2026→Oct 2026) | -34.6% (Sep 2023→Sep 2024) |

## Peers (Electrical Equipment & Parts)
ENR (Energizer Holdings, Inc.) USD 23.43 +2.94% · PLUG (Plug Power, Inc.) USD 1.38 -2.13% · FOIL (Londian Wason New Energy Tech I) USD 17.32 -0.17% · AMPX (Amprius Technologies, Inc.) USD 7.91 -4.81% · ACCV (Accelevation Holdings Corp.) USD 12.25 -12.06% · HAYW (Hayward Holdings, Inc.) USD 12.71 +5.39%

## More
Full page: https://nexqual.com/PLPC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| PLP-USA | $106.2M | 49.9% | +30.0% | $16.2M | 15.3% |
| EMEA | $42.6M | 20.0% | +26.9% | $5.0M | 11.6% |
| Asia-Pacific | $38.8M | 18.2% | +11.8% | $3.0M | 7.8% |
| The Americas | $37.9M | 17.8% | +22.7% | $3.7M | 9.8% |
| Total revenue | $212.7M | 100% | — | $27.9M | 13.1% |
The lines above cover 106% of total revenue.

## Customer concentration

Period ended 2025-12-31: 10.7% of revenue from unnamed direct customers (10-K, filed 2026-03-05).

## Company outlook (8-K filed 2026-07-29)

- "The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $3.37 | $2.84 | +18.7% | $215.0M | 1 |
| Next quarter (ends 2026-12-31) | $3.28 | $2.37 | +38.4% | $210.0M | 1 |
| Current fiscal year (ends 2026-12-31) | $13.27 | $9.75 | +36.1% | $813.0M | 1 |
| Next fiscal year (ends 2027-12-31) | $14.26 | $11.29 | +26.3% | $878.0M | 1 |