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Preformed Line Products Co

plp.com

Preformed Line Products Co (NASDAQ: PLPC) is an industrial electrical equipment company that designs and manufactures products for energy transmission and distribution infrastructure and communications networks. Revenue comes from transactional product sales to utilities, telecommunications operators, and data communication companies across domestic and international markets. PLPC holds a stated leadership position in U.S. energy and communications markets and competes against larger companies with greater financial resources in the telecommunications and data communication segments. The company operates manufacturing facilities in the U.S. and internationally, including a new plant under construction in Poland financed by a PLN 100.3 million ($27.9 million) loan as of July 2025. PLPC pays a quarterly cash dividend, paying $0.20 per share in the first three quarters of FY2025 and $0.21 in Q4 FY2025. Executive Chairman is Robert G. Ruhlman and CEO is Dennis F. McKenna, per the 10-K filed March 5, 2026. As of March 4, 2026, the company had approximately 6,385 shareholders of record.

Products & Services

Products for energy transmission grids, medium voltage distribution lines, substations, and telecommunications and data communication networks. The filing references product lines spanning transmission, distribution, substation, and telecom infrastructure segments. New product development requires capital commitment and long-term market forecasting.

Revenue Model

Transactional product sales of hardware and components used in energy transmission, distribution, substation, and communications network infrastructure. Revenue is subject to foreign currency fluctuations; FX had a favorable $1.4 million impact on net sales in FY2025 and an unfavorable $4.2 million impact in FY2024.

Customers & Markets

Customers include electric utilities, telecommunications operators, and data communication companies. End markets are energy (transmission, medium voltage distribution, substation) and communications (telecom and data networks). Both domestic and international business are concentrated in energy and communications markets.

Geographic Exposure

Operations span domestic U.S. and international markets. International business historically concentrated in medium voltage distribution but has grown to include transmission, substation, and telecommunications segments. Poland manufacturing expansion underway as of FY2025. Foreign currency exposure is material to reported net sales.

Financial Snapshot

Revenue
TTM
$740.2M
Gross Margin
TTM
31.29%
Net Income
TTM
$43.09M
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
299.18%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
$190.4M
Book Value
2026 Q2
$507.0M
Cash
2026 Q2
P/E
TTM
40.49
Free Cash Flow
TTM
$16.16M

Stock Price

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Market Cap: $1.7449 Billion

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