Is the business good?
How good a business is PLPC?
Preformed Line Products Company earns 9.9% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
9.9%
Return on invested capital · cost of capital 9.0% · 0.90 points above what the capital costs: growth creates value
- Operating margin
- 8.0%
Operating margin · Electrical Equipment & Parts median 7.3% · 12 months to Q1 2026
- Cash conversion
- 1.01×
Cash conversion · 1.17× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −0.46%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 8.6% |
| FY2021 | 9.2% |
| FY2022 | 11% |
| FY2023 | 13% |
| FY2024 | 8.6% |
| FY2025 | 8.2% |
Details›
- Gross margin12 months to Q1 2026
- 31%
- Operating margin12 months to Q1 2026
- 8.0%
- Net margin12 months to Q1 2026
- 4.9%
- Free cash flow margin
- 5.0%
- Revenue, trailing twelve months
- $697M
- Free cash flow, trailing twelve months
- $35M
- Net income, trailing twelve months
- $34M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.9%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Electrical Equipment & Parts
Ranks #17 of 20 by Smart Score