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Preformed Line Products Company (PLPC)
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Preformed Line Products Company (PLPC) Interest Coverage Ratio: 42.24x

The interest coverage ratio for Preformed Line Products Company (PLPC) is 42.24x as of Sunday, June 14, 2026.

PLPC Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

42.24x

PLPC Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Preformed Line Products Company (PLPC)$1.84B42.24xN/AN/AN/A
Enerpac Tool Group Corp. (EPAC)$1.85B14.06x11.53x9.22x7.98x
Ameresco, Inc. (AMRC)$1.49B1.46x1.49x2.28x3.10x
T1 Energy Inc (TE)$1.48B-4.85x2.99x2.94x2.92x
Teekay Tankers Ltd. (TNK)$2.61B74.24x62.56x38.06x31.00x
Werner Enterprises, Inc. (WERN)$2.64B1.79x1.74x9.01x26.65x
Trinity Industries, Inc. (TRN)$2.76B1.31x1.56x1.57x1.52x
Kforce Inc. (KFRC)$891.60MN/A8.10x20.27x20.27x
Ampco-Pittsburgh Corporation (AP)$240.46M0.53x0.79x0.70x0.92x
SCHMID Group N.V. Class A Ordinary Shares (SHMD)$231.68M-0.14x1.98x1.98x1.98x

Financial Health Indicators

Interest Coverage

42.2x

Debt/Equity

0.10

Current Ratio

3.17

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Preformed Line Products Company Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Preformed Line Products Company Interest Coverage Ratio FAQ

What is the interest coverage ratio for Preformed Line Products Company (PLPC)?
The interest coverage ratio for PLPC stock is 42.24x.

About Preformed Line Products Company

Preformed Line Products Company (PLPC), along with its subsidiaries, specializes in the design and manufacturing of a comprehensive range of products and integrated systems. These solutions are vital for constructing and maintaining overhead, ground-level, and underground network infrastructures across various industries, including energy, telecommunications, cable operation, and information technology. Their offerings encompass specialized formed wire products engineered to support, safeguard, terminate, and secure power conductors and communication cables, while also managing cable dynamics. Furthermore, PLPC provides diverse hardware components intended to brace and shield transmission conductors, such as spacers, spacer-dampers, stockbridge dampers, corona suppression devices, and various compression fittings used in dead-end applications. The company also produces protective closures essential for shielding fixed-line communication networks, including both copper and fiber optic cables, from moisture, environmental hazards, and other potential contaminants. Additional products include hardware assemblies, pole line hardware, resale items, underground connectors, solar hardware systems, guy markers, tree guards, fiber optic cable markers, pedestal markers, and urethane products, serving a multitude of applications in the energy, renewable energy, communications, cable, and specialized sectors. PLPC serves a global clientele, reaching public and private energy utilities, communication companies, cable operators, financial institutions, government agencies, contractors, subcontractors, distributors, and value-added resellers throughout the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company markets its products via both an internal direct sales force and through manufacturing representatives. Established in 1947, Preformed Line Products Company is headquartered in Mayfield, Ohio.

Mayfield, OH
3,401 employees
Industrials / Electrical Equipment & Parts
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
Dennis F. McKenna