Is PREFORMED LINE PRODUCTS CO (PLPC) Halal?

NASDAQ Industrials United States $1.4B
✓ HALAL
Confidence: 95/100
PREFORMED LINE PRODUCTS CO (PLPC) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.2% against the AAOIFI threshold of 30%, PREFORMED LINE PRODUCTS CO comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Electrical Equipment & Parts), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.2%
/ 30%
4.9%
/ 30%
9.6%
/ 30%
0.43%
/ 5%
✓ HALAL
DJIM 3.2%
/ 33%
4.9%
/ 33%
9.6%
/ 33%
0.43%
/ 5%
✓ HALAL
MSCI 6.4%
/ 33%
10.0%
/ 33%
19.4%
/ 33%
0.43%
/ 5%
✓ HALAL
S&P 3.2%
/ 33%
4.9%
/ 33%
9.6%
/ 33%
0.43%
/ 5%
✓ HALAL
FTSE 6.4%
/ 33%
10.0%
/ 33%
19.4%
/ 50%
0.43%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
38.6
EPS
$7.15
Dividend Yield
30.0%
Payout: 11.3%
P/B Ratio
2.8
EV/EBITDA
16.9
EV: $1.3B
Revenue
$669M
Growth: 3.6%
Beta
0.8
Low volatility
Current Ratio
3.2

Profitability

Gross Margin 31.2%
Operating Margin 6.8%
Net Margin 5.3%
Return on Equity (ROE) 7.9%
Return on Assets (ROA) 5.6%

Cash Flow & Balance Sheet

Operating Cash Flow$73M
Free Cash Flow$33M
Total Debt$47M
Debt-to-Equity10.0
Current Ratio3.2
Total Assets$654M

Price & Trading

Last Close$272.70
50-Day MA$259.27
200-Day MA$209.73
Avg Volume123K
Beta0.8
52-Week Range
$128.00
$287.97

About PREFORMED LINE PRODUCTS CO (PLPC)

CEO
Mr. Dennis F. McKenna
Employees
3,734
Website
Sector
Industrials
Industry
Electrical Equipment & Parts
Country
United States
Exchange
NASDAQ
Market Cap
$1.4B
Currency
USD

Preformed Line Products Company designs and manufactures products and systems employed in the construction and maintenance of overhead, ground-mounted, and underground networks in the United States, the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers energy products for supporting, protecting, terminating, and splicing transmission, and distribution lines, as well as bolted, welded, and compressed connectors for substations; optical ground wire and all dielectric self-supporting fiber optic cables; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices like spacer dampers. It also provides communications products, such as rugged outside plant closures to protect and support wireline and wireless networks; demarcation related products, including wall boxes, pre-terminated cabinets, wall plates, and passive components; and formed wire products, utility pole line hardware, motion control products, and cable storage devices. In addition, the company offers special industries products comprising hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions; drone inspection services for transmission and distribution power lines, substations, generation facilities, and communications assets; mounting solutions for photovoltaic solar, commercial, industrial, utility, and residential applications; and EV charging station foundations. It serves public and private energy utilities, and communication companies; cable operators, contractors, and subcontractors; and distributors and value-added resellers through a direct sales force and manufacturing representatives. Preformed Line Products Company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.

Purification Calculator

As a halal stock with 0.43% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is PREFORMED LINE PRODUCTS CO (PLPC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PREFORMED LINE PRODUCTS CO is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is PREFORMED LINE PRODUCTS CO's debt ratio?

PREFORMED LINE PRODUCTS CO's debt ratio is 3.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 6.4%.

Does PREFORMED LINE PRODUCTS CO require dividend purification?

Yes, PREFORMED LINE PRODUCTS CO has an impermissible income ratio of 0.43%, which means 0.43% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are PREFORMED LINE PRODUCTS CO's key financial metrics?

PREFORMED LINE PRODUCTS CO has a market capitalization of $1.4B, trailing P/E ratio of 38.6, and revenue of $669M. The company maintains a gross margin of 31.2% and a net margin of 5.3%. Return on equity stands at 7.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.