PLPC
Preformed Line Products Company220.87
-7.61-3.33%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
1.09BP/E (TTM)
29.25Basic EPS (TTM)
7.55Dividend Yield
0%Recent Filings
10-K
FY2025 results
Preformed Line Products drove FY2025 net sales to $669.3M, up 13% y/y excluding currency, with energy products steady at 71% of revenue while communications held at 22%; PLP-USA surged 17% on higher volumes, The Americas jumped 24% via energy and JAP Telecom acquisition, but EMEA dipped 1% and Asia-Pacific grew 7%. Gross margins slipped to 31.2% from 32.0% amid $15.1M tariffs and $9.0M LIFO charges, yet operating income rose to $55.1M; net income fell to $35.3M due to Q3's $11.7M pension termination. Backlog swelled 22% to $232.8M, debt stayed low at $39.5M with $52.0M revolver availability, capex hit $40.1M for Poland/Spain facilities, and Q4 dividend rose 5% to $0.21/share. No annual guidance disclosed. Tariffs on steel/aluminum threaten quarterly margins.
8-K
Q4 sales up 4%, full-year 13%
Preformed Line Products reported Q4 2025 net sales of $173.1 million, up 4% from 2024, while full-year sales surged 13% to $669.3 million on energy and communications demand. Diluted EPS fell to $7.14 from $7.50 due to pension termination and tariffs, but adjusted EPS rose 16% to $8.70. Backlog jumped 22% to $232.8 million. Dividend hiked 5% to $0.21.
8-K
5% dividend hike announced
Preformed Line Products boosted its quarterly dividend 5% to $0.21 per share, payable January 20, 2026, to holders of record January 5—the first hike since 2001 NASDAQ listing. This signals strong liquidity and cash flow confidence, while balancing growth investments. Management eyes future raises based on results.
10-Q
Q3 FY2025 results
Preformed Line Products juiced Q3 sales 21% y/y to $178.1M, driven by energy and communications volume across PLP-USA (up 23%) and The Americas (up 47%), while gross margin slipped to 29.7% from 31.1% on tariff and LIFO costs. Operating income climbed 26% y/y to $13.1M, but a one-time $11.7M pension termination expense flipped net income to $2.6M from $7.7M. YTD sales rose 16% to $496.2M with operating income up 31% to $43.4M; cash hit $72.9M after $51.5M operating cash flow, funding $30.0M capex and JAP Telecom buy (closed May 2025 for $5.8M net cash). Debt stands at $38.9M (8.3% debt/equity) with $52.1M revolver room. Escaliating tariffs threaten raw material costs.
8-K
Q3 sales up 21%, pension charge
Preformed Line Products posted Q3 net sales of $178.1 million, up 21% from last year, fueled by U.S. energy and communications strength plus JAP Telecom acquisition. Pension plan termination hit with $11.7 million non-cash charge, dropping diluted EPS to $0.53 from $1.54; adjusted EPS rose 36% to $2.09. Tariffs sparked $3.8 million LIFO costs, yet price hikes aim to offset over time. Balance sheet de-risked.
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