GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Preformed Line Products Co (NAS:PLPC) » Definitions » Gross Profit

PLPC (Preformed Line Products Co) Gross Profit : $182.3 Mil (TTM As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Preformed Line Products Co Gross Profit?

Preformed Line Products Co's gross profit for the three months ended in Sep. 2024 was $45.8 Mil. Preformed Line Products Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $182.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Preformed Line Products Co's gross profit for the three months ended in Sep. 2024 was $45.8 Mil. Preformed Line Products Co's Revenue for the three months ended in Sep. 2024 was $147.0 Mil. Therefore, Preformed Line Products Co's Gross Margin % for the quarter that ended in Sep. 2024 was 31.15%.

Preformed Line Products Co had a gross margin of 31.15% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Preformed Line Products Co was 35.07%. The lowest was 29.17%. And the median was 31.87%.


Preformed Line Products Co Gross Profit Historical Data

The historical data trend for Preformed Line Products Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Preformed Line Products Co Gross Profit Chart

Preformed Line Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.60 154.01 166.24 215.18 234.85

Preformed Line Products Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.14 48.10 44.13 44.27 45.78

Competitive Comparison of Preformed Line Products Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Preformed Line Products Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Preformed Line Products Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's Gross Profit falls into.



Preformed Line Products Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Preformed Line Products Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=669.679 - 434.831
=234.8

Preformed Line Products Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=146.973 - 101.195
=45.8

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $182.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Preformed Line Products Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=45.8 / 146.973
=31.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Preformed Line Products Co  (NAS:PLPC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Preformed Line Products Co had a gross margin of 31.15% for the quarter that ended in Sep. 2024 => Competition eroding margins


Preformed Line Products Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Preformed Line Products Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Preformed Line Products Co Business Description

Traded in Other Exchanges
N/A
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in The Americas with operations also in PLP-USA, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.
Executives
Michael E Gibbons director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Katherine E. Wensink 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Barbara P Ruhlman Irrevocable Trust Dated 7/29/08 10 percent owner P.O. BOX 91129, CLEVELAND OH 44101
Barbara P Ruhlman Revocable Trust Dated 9/21/16 10 percent owner 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Randall M Ruhlman 10 percent owner C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
Robert G Ruhlman director, 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114
Third Restatement Of Barbara P. Ruhlman Trust Agreement, Dated November 20, 2008 10 percent owner C/O MCDONALD HOPKINS LLC, 600 SUPERIOR AVENUE, EAST SUITE 2100, CLEVELAND OH 44114
Bernard L. Karr 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Andrew S Klaus officer: CFO 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
John J Olenik officer: VP-Research & Engineering 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Timothy O'shaughnessy officer: V.P. Human Resources 660 BETA DR, MAYFIELD VILLAGE OH 44143
Curlee J Cecil Jr officer: V.P. - Human Resources C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
C Sunkle David officer: VP-Research & Engineering P.O. BOX 91129, CLEVELAND OH 44101
Michael A Weisbarth officer: VP-Finance & Treasurer 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Barbara P Ruhlman 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114