vs

Side-by-side financial comparison of Bowhead Specialty Holdings Inc. (BOW) and PREFORMED LINE PRODUCTS CO (PLPC). Click either name above to swap in a different company.

PREFORMED LINE PRODUCTS CO is the larger business by last-quarter revenue ($173.1M vs $151.7M, roughly 1.1× Bowhead Specialty Holdings Inc.). Bowhead Specialty Holdings Inc. runs the higher net margin — 9.8% vs 4.9%, a 4.9% gap on every dollar of revenue. Bowhead Specialty Holdings Inc. produced more free cash flow last quarter ($326.0M vs $11.8M).

Bowhead Specialty Holdings Inc. is a specialty insurance holding company that offers a diversified portfolio of property and casualty insurance products, focusing on underserved niche market segments primarily across North America. It provides tailored risk management solutions and specialized coverage options for both commercial and individual clients.

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

BOW vs PLPC — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.1× larger
PLPC
$173.1M
$151.7M
BOW
Higher net margin
BOW
BOW
4.9% more per $
BOW
9.8%
4.9%
PLPC
More free cash flow
BOW
BOW
$314.2M more FCF
BOW
$326.0M
$11.8M
PLPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BOW
BOW
PLPC
PLPC
Revenue
$151.7M
$173.1M
Net Profit
$14.8M
$8.4M
Gross Margin
29.8%
Operating Margin
11.7%
6.8%
Net Margin
9.8%
4.9%
Revenue YoY
3.6%
Net Profit YoY
-19.3%
EPS (diluted)
$0.44
$1.72

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOW
BOW
PLPC
PLPC
Q4 25
$151.7M
$173.1M
Q3 25
$143.9M
$178.1M
Q2 25
$133.3M
$169.6M
Q1 25
$122.7M
$148.5M
Q4 24
$167.1M
Q3 24
$116.8M
$147.0M
Q2 24
$98.9M
$138.7M
Q1 24
$140.9M
Net Profit
BOW
BOW
PLPC
PLPC
Q4 25
$14.8M
$8.4M
Q3 25
$15.2M
$2.6M
Q2 25
$12.3M
$12.7M
Q1 25
$11.4M
$11.5M
Q4 24
$10.5M
Q3 24
$12.1M
$7.7M
Q2 24
$5.5M
$9.4M
Q1 24
$9.6M
Gross Margin
BOW
BOW
PLPC
PLPC
Q4 25
29.8%
Q3 25
29.7%
Q2 25
32.7%
Q1 25
32.8%
Q4 24
33.3%
Q3 24
31.1%
Q2 24
31.9%
Q1 24
31.3%
Operating Margin
BOW
BOW
PLPC
PLPC
Q4 25
11.7%
6.8%
Q3 25
13.3%
7.4%
Q2 25
11.9%
10.1%
Q1 25
11.8%
8.8%
Q4 24
10.5%
Q3 24
13.5%
7.1%
Q2 24
7.5%
8.1%
Q1 24
8.2%
Net Margin
BOW
BOW
PLPC
PLPC
Q4 25
9.8%
4.9%
Q3 25
10.5%
1.5%
Q2 25
9.3%
7.5%
Q1 25
9.3%
7.8%
Q4 24
6.3%
Q3 24
10.4%
5.2%
Q2 24
5.6%
6.8%
Q1 24
6.8%
EPS (diluted)
BOW
BOW
PLPC
PLPC
Q4 25
$0.44
$1.72
Q3 25
$0.45
$0.53
Q2 25
$0.36
$2.56
Q1 25
$0.34
$2.33
Q4 24
$2.13
Q3 24
$0.36
$1.54
Q2 24
$0.20
$1.89
Q1 24
$1.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOW
BOW
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
$193.5M
Total DebtLower is stronger
$146.4M
$38.3M
Stockholders' EquityBook value
$448.3M
$475.5M
Total Assets
$2.4B
$653.6M
Debt / EquityLower = less leverage
0.33×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOW
BOW
PLPC
PLPC
Q4 25
$193.5M
Q3 25
$197.9M
Q2 25
$114.8M
Q1 25
$88.0M
Q4 24
Q3 24
$132.9M
Q2 24
$180.3M
Q1 24
Total Debt
BOW
BOW
PLPC
PLPC
Q4 25
$146.4M
$38.3M
Q3 25
$36.0M
Q2 25
$31.8M
Q1 25
$29.1M
Q4 24
$20.8M
Q3 24
$27.2M
Q2 24
$31.6M
Q1 24
$55.0M
Stockholders' Equity
BOW
BOW
PLPC
PLPC
Q4 25
$448.3M
$475.5M
Q3 25
$430.2M
$466.3M
Q2 25
$407.2M
$460.7M
Q1 25
$391.0M
$435.8M
Q4 24
$422.3M
Q3 24
$364.7M
$429.0M
Q2 24
$339.9M
$416.2M
Q1 24
$413.4M
Total Assets
BOW
BOW
PLPC
PLPC
Q4 25
$2.4B
$653.6M
Q3 25
$2.1B
$644.6M
Q2 25
$1.9B
$631.5M
Q1 25
$1.8B
$592.5M
Q4 24
$573.9M
Q3 24
$1.5B
$592.0M
Q2 24
$1.4B
$572.6M
Q1 24
$586.1M
Debt / Equity
BOW
BOW
PLPC
PLPC
Q4 25
0.33×
0.08×
Q3 25
0.08×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.08×
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOW
BOW
PLPC
PLPC
Operating Cash FlowLast quarter
$331.6M
$21.9M
Free Cash FlowOCF − Capex
$326.0M
$11.8M
FCF MarginFCF / Revenue
214.9%
6.8%
Capex IntensityCapex / Revenue
3.7%
5.9%
Cash ConversionOCF / Net Profit
22.34×
2.60×
TTM Free Cash FlowTrailing 4 quarters
$593.4M
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOW
BOW
PLPC
PLPC
Q4 25
$331.6M
$21.9M
Q3 25
$114.7M
$18.9M
Q2 25
$109.0M
$26.9M
Q1 25
$47.7M
$5.7M
Q4 24
$24.1M
Q3 24
$119.4M
$9.4M
Q2 24
$28.3M
Q1 24
$5.8M
Free Cash Flow
BOW
BOW
PLPC
PLPC
Q4 25
$326.0M
$11.8M
Q3 25
$113.5M
$8.3M
Q2 25
$107.4M
$18.6M
Q1 25
$46.5M
$-5.3M
Q4 24
$20.6M
Q3 24
$118.4M
$5.8M
Q2 24
$24.6M
Q1 24
$1.8M
FCF Margin
BOW
BOW
PLPC
PLPC
Q4 25
214.9%
6.8%
Q3 25
78.8%
4.7%
Q2 25
80.6%
10.9%
Q1 25
37.9%
-3.6%
Q4 24
12.3%
Q3 24
101.4%
3.9%
Q2 24
17.7%
Q1 24
1.3%
Capex Intensity
BOW
BOW
PLPC
PLPC
Q4 25
3.7%
5.9%
Q3 25
0.9%
6.0%
Q2 25
1.2%
4.9%
Q1 25
1.0%
7.4%
Q4 24
2.1%
Q3 24
0.9%
2.4%
Q2 24
2.7%
Q1 24
2.8%
Cash Conversion
BOW
BOW
PLPC
PLPC
Q4 25
22.34×
2.60×
Q3 25
7.56×
7.21×
Q2 25
8.83×
2.12×
Q1 25
4.18×
0.49×
Q4 24
2.30×
Q3 24
9.88×
1.22×
Q2 24
3.02×
Q1 24
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons