Preformed Line Products (PLPC) financial statements
Preformed Line Products reported revenue of $669M in fiscal 2025, up 7.9% a year over 9 years.
Net income was $35M and the operating margin 8.2%, against 6.4% in 2016.
Free cash flow was $33M, and the company returned $4M in dividends and $1M in net buybacks.
The diluted share count fell 5% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Preformed Line Products's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $337M | $378M | $421M | $445M | $466M | $517M | $637M | $670M | $594M | $669M |
| Cost of revenue | $227M | $260M | $289M | $304M | $312M | $351M | $422M | $435M | $404M | $461M |
| Gross profit | $109M | $119M | $132M | $141M | $154M | $166M | $215M | $235M | $190M | $209M |
| Research and development | $3M | $2M | $2M | $3M | $3M | $3M | $4M | $5M | — | — |
| Selling, general and admin | $74M | $77M | $82M | $88M | $92M | $96M | $116M | $126M | $116M | $127M |
| Operating income | $21M | $26M | $33M | $33M | $40M | $48M | $69M | $84M | $51M | $55M |
| Interest expense | $844,000 | $1M | $1M | $2M | $2M | $2M | $3M | $4M | $2M | $1M |
| Pre-tax income | $21M | $26M | $33M | $31M | $41M | $49M | $74M | $82M | $51M | $46M |
| Income tax | $6M | $13M | $6M | $8M | $11M | $13M | $19M | $19M | $14M | $10M |
| Net income | $15M | $13M | $27M | $23M | $30M | $36M | $54M | $63M | $37M | $35M |
| EPS (diluted) | $2.95 | $2.47 | $5.21 | $4.58 | $5.98 | $7.19 | $10.88 | $12.68 | $7.50 | $7.14 |
| Diluted shares | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M |
| Gross margin | 32.5% | 31.4% | 31.4% | 31.6% | 33.0% | 32.1% | 33.8% | 35.1% | 32.0% | 31.2% |
| Operating margin | 6.4% | 6.9% | 7.8% | 7.3% | 8.6% | 9.2% | 10.9% | 12.6% | 8.5% | 8.2% |
| Net margin | 4.5% | 3.3% | 6.3% | 5.2% | 6.4% | 6.9% | 8.5% | 9.5% | 6.2% | 5.3% |
Balance sheet
Fiscal years, from Preformed Line Products's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $31M | $44M | $44M | $39M | $45M | $36M | $37M | $54M | $57M | $83M |
| Receivables | $63M | $74M | $73M | $84M | $93M | $98M | $125M | $107M | $111M | $113M |
| Inventory | $74M | $78M | $85M | $96M | $98M | $115M | $147M | $149M | $130M | $149M |
| Total current assets | $189M | $207M | $214M | $232M | $256M | $272M | $328M | $325M | $316M | $363M |
| Property, plant and equipment | $105M | $109M | $103M | $124M | $126M | $150M | $175M | $208M | $195M | $223M |
| Goodwill | $16M | $17M | $16M | $28M | $30M | $28M | $28M | $29M | $27M | $31M |
| Total assets | $341M | $360M | $359M | $434M | $461M | $489M | $568M | $603M | $574M | $654M |
| Total current liabilities | $55M | $63M | $69M | $81M | $104M | $106M | $115M | $111M | $108M | $115M |
| Long-term debt | $43M | $35M | $25M | $54M | $33M | $40M | $68M | $49M | $18M | $33M |
| Total liabilities | $117M | $121M | $109M | $165M | $169M | $173M | $210M | $187M | $152M | $178M |
| Shareholders' equity | $224M | $239M | $249M | $269M | $292M | $316M | $359M | $416M | $422M | $476M |
| Net debt | $14M | -$8M | -$17M | $18M | -$7M | $7M | $34M | $2M | -$36M | -$45M |
Cash flow
Fiscal years, from Preformed Line Products's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $26M | $34M | $23M | $27M | $42M | $34M | $26M | $108M | $67M | $73M |
| Capital spending | $25M | $11M | $10M | $29M | $25M | $18M | $41M | $35M | $15M | $40M |
| Free cash flow | $1M | $23M | $13M | -$2M | $17M | $15M | -$14M | $72M | $53M | $33M |
| Stock-based compensation | $1M | $3M | $4M | $4M | $4M | $4M | $5M | $5M | $3M | $5M |
| Dividends paid | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M |
| Share buybacks (net) | -$3M | -$2,000 | -$191,000 | -$3M | -$6M | -$177,000 | -$158,000 | -$728,000 | -$226,000 | -$1M |
| Net borrowing | $13M | -$9M | -$1M | $29M | -$10M | -$14M | $31M | -$28M | -$33M | $9M |
| Free cash flow margin | 0.4% | 6.0% | 3.2% | -0.5% | 3.7% | 2.9% | -2.3% | 10.8% | 8.9% | 5.0% |
| Dividends per share | $0.81 | $0.80 | $0.80 | $0.83 | $0.84 | $0.83 | $0.82 | $0.82 | $0.82 | $0.83 |
Questions
What was Preformed Line Products's revenue in 2025?
$669M in fiscal 2025, from its 10-K filing.
How much free cash flow does Preformed Line Products generate?
$33M in fiscal 2025 (operating cash flow minus capital spending).
From Preformed Line Products's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.