Preformed Line Products vs Plug Power
Preformed Line Products and Plug Power are similar in size: $669m and $710m of revenue in their latest fiscal years. Plug Power grew faster (12.9% against 12.7%). Preformed Line Products kept more of each dollar of sales as profit: a net margin of 5.3% against -229.8%. Preformed Line Products carries less debt relative to equity (9.4% against 44.3%).
| Latest fiscal year | Preformed Line ProductsPLPC, 2025 | Plug PowerPLUG, 2025 |
|---|---|---|
| Revenue | $669m | $710m |
| Revenue growth | 12.7% | 12.9% |
| Net income | $35.3m | −$1.63bn |
| Operating margin | 8.2% | -206.7% |
| Net margin | 5.3% | -229.8% |
| Return on equity | 7.9% | -120.3% |
| Free cash flow | $33.3m | −$647m |
| Cash | $83.4m | $369m |
| Total debt | $44.9m | $434m |
| Debt to equity | 9.4% | 44.3% |
| Dividend per share | $0.81 | — |
| Dividend yield | 0.3% | — |
| Share buybacks | $1.0m | — |
| Employees | 3,734 | 2,582 |
| Market value | $1.36bn | $1.82bn |
| Price vs our value range | Within our value range | — |
| Moat score | 59 (Moderate) | 12 (Weak) |
| Insider trades, 12 months | 0 buys, 3 sales | 1 buys, 8 sales |