vs

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

Heritage Insurance Holdings, Inc. is the larger business by last-quarter revenue ($215.3M vs $173.1M, roughly 1.2× PREFORMED LINE PRODUCTS CO). Heritage Insurance Holdings, Inc. runs the higher net margin — 31.0% vs 4.9%, a 26.1% gap on every dollar of revenue. On growth, PREFORMED LINE PRODUCTS CO posted the faster year-over-year revenue change (3.6% vs 2.4%). Heritage Insurance Holdings, Inc. produced more free cash flow last quarter ($174.2M vs $11.8M). Over the past eight quarters, PREFORMED LINE PRODUCTS CO's revenue compounded faster (10.8% CAGR vs 6.1%).

United Property & Casualty Insurance Company, Inc. is an American property and casualty insurance company with headquarters in Florida. It writes commercial, residential, homeowners’, and flood insurance policies in several coastal states.

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.

HRTG vs PLPC — Head-to-Head

Bigger by revenue
HRTG
HRTG
1.2× larger
HRTG
$215.3M
$173.1M
PLPC
Growing faster (revenue YoY)
PLPC
PLPC
+1.2% gap
PLPC
3.6%
2.4%
HRTG
Higher net margin
HRTG
HRTG
26.1% more per $
HRTG
31.0%
4.9%
PLPC
More free cash flow
HRTG
HRTG
$162.4M more FCF
HRTG
$174.2M
$11.8M
PLPC
Faster 2-yr revenue CAGR
PLPC
PLPC
Annualised
PLPC
10.8%
6.1%
HRTG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HRTG
HRTG
PLPC
PLPC
Revenue
$215.3M
$173.1M
Net Profit
$66.7M
$8.4M
Gross Margin
29.8%
Operating Margin
41.6%
6.8%
Net Margin
31.0%
4.9%
Revenue YoY
2.4%
3.6%
Net Profit YoY
228.6%
-19.3%
EPS (diluted)
$2.15
$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
HRTG
HRTG
PLPC
PLPC
Q4 25
$215.3M
$173.1M
Q3 25
$212.5M
$178.1M
Q2 25
$208.0M
$169.6M
Q1 25
$211.5M
$148.5M
Q4 24
$210.3M
$167.1M
Q3 24
$211.8M
$147.0M
Q2 24
$203.6M
$138.7M
Q1 24
$191.3M
$140.9M
Net Profit
HRTG
HRTG
PLPC
PLPC
Q4 25
$66.7M
$8.4M
Q3 25
$50.4M
$2.6M
Q2 25
$48.0M
$12.7M
Q1 25
$30.5M
$11.5M
Q4 24
$20.3M
$10.5M
Q3 24
$8.2M
$7.7M
Q2 24
$18.9M
$9.4M
Q1 24
$14.2M
$9.6M
Gross Margin
HRTG
HRTG
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
HRTG
HRTG
PLPC
PLPC
Q4 25
41.6%
6.8%
Q3 25
33.0%
7.4%
Q2 25
31.2%
10.1%
Q1 25
20.1%
8.8%
Q4 24
15.0%
10.5%
Q3 24
5.5%
7.1%
Q2 24
13.6%
8.1%
Q1 24
11.9%
8.2%
Net Margin
HRTG
HRTG
PLPC
PLPC
Q4 25
31.0%
4.9%
Q3 25
23.7%
1.5%
Q2 25
23.1%
7.5%
Q1 25
14.4%
7.8%
Q4 24
9.7%
6.3%
Q3 24
3.8%
5.2%
Q2 24
9.3%
6.8%
Q1 24
7.4%
6.8%
EPS (diluted)
HRTG
HRTG
PLPC
PLPC
Q4 25
$2.15
$1.72
Q3 25
$1.63
$0.53
Q2 25
$1.55
$2.56
Q1 25
$0.99
$2.33
Q4 24
$0.66
$2.13
Q3 24
$0.27
$1.54
Q2 24
$0.61
$1.89
Q1 24
$0.47
$1.94

Balance Sheet & Financial Strength

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

Metric
HRTG
HRTG
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
$559.3M
Total DebtLower is stronger
$78.4M
$38.3M
Stockholders' EquityBook value
$505.3M
$475.5M
Total Assets
$2.2B
$653.6M
Debt / EquityLower = less leverage
0.16×
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HRTG
HRTG
PLPC
PLPC
Q4 25
$559.3M
Q3 25
$560.4M
Q2 25
$473.5M
Q1 25
$425.9M
Q4 24
$452.7M
Q3 24
$509.9M
Q2 24
$480.9M
Q1 24
$386.1M
Total Debt
HRTG
HRTG
PLPC
PLPC
Q4 25
$78.4M
$38.3M
Q3 25
$79.3M
$36.0M
Q2 25
$92.4M
$31.8M
Q1 25
$94.8M
$29.1M
Q4 24
$116.3M
$20.8M
Q3 24
$118.6M
$27.2M
Q2 24
$120.8M
$31.6M
Q1 24
$123.0M
$55.0M
Stockholders' Equity
HRTG
HRTG
PLPC
PLPC
Q4 25
$505.3M
$475.5M
Q3 25
$437.3M
$466.3M
Q2 25
$383.3M
$460.7M
Q1 25
$329.0M
$435.8M
Q4 24
$290.8M
$422.3M
Q3 24
$279.3M
$429.0M
Q2 24
$255.3M
$416.2M
Q1 24
$234.9M
$413.4M
Total Assets
HRTG
HRTG
PLPC
PLPC
Q4 25
$2.2B
$653.6M
Q3 25
$2.4B
$644.6M
Q2 25
$2.5B
$631.5M
Q1 25
$2.2B
$592.5M
Q4 24
$2.5B
$573.9M
Q3 24
$2.4B
$592.0M
Q2 24
$2.6B
$572.6M
Q1 24
$2.1B
$586.1M
Debt / Equity
HRTG
HRTG
PLPC
PLPC
Q4 25
0.16×
0.08×
Q3 25
0.18×
0.08×
Q2 25
0.24×
0.07×
Q1 25
0.29×
0.07×
Q4 24
0.40×
0.05×
Q3 24
0.42×
0.06×
Q2 24
0.47×
0.08×
Q1 24
0.52×
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
HRTG
HRTG
PLPC
PLPC
Operating Cash FlowLast quarter
$182.2M
$21.9M
Free Cash FlowOCF − Capex
$174.2M
$11.8M
FCF MarginFCF / Revenue
80.9%
6.8%
Capex IntensityCapex / Revenue
3.7%
5.9%
Cash ConversionOCF / Net Profit
2.73×
2.60×
TTM Free Cash FlowTrailing 4 quarters
$337.4M
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HRTG
HRTG
PLPC
PLPC
Q4 25
$182.2M
$21.9M
Q3 25
$124.3M
$18.9M
Q2 25
$43.3M
$26.9M
Q1 25
$837.0K
$5.7M
Q4 24
$87.1M
$24.1M
Q3 24
$-13.4M
$9.4M
Q2 24
$152.2M
$28.3M
Q1 24
$4.3M
$5.8M
Free Cash Flow
HRTG
HRTG
PLPC
PLPC
Q4 25
$174.2M
$11.8M
Q3 25
$122.7M
$8.3M
Q2 25
$41.8M
$18.6M
Q1 25
$-1.3M
$-5.3M
Q4 24
$78.9M
$20.6M
Q3 24
$-16.3M
$5.8M
Q2 24
$149.8M
$24.6M
Q1 24
$4.1M
$1.8M
FCF Margin
HRTG
HRTG
PLPC
PLPC
Q4 25
80.9%
6.8%
Q3 25
57.8%
4.7%
Q2 25
20.1%
10.9%
Q1 25
-0.6%
-3.6%
Q4 24
37.5%
12.3%
Q3 24
-7.7%
3.9%
Q2 24
73.6%
17.7%
Q1 24
2.1%
1.3%
Capex Intensity
HRTG
HRTG
PLPC
PLPC
Q4 25
3.7%
5.9%
Q3 25
0.7%
6.0%
Q2 25
0.7%
4.9%
Q1 25
1.0%
7.4%
Q4 24
3.9%
2.1%
Q3 24
1.4%
2.4%
Q2 24
1.2%
2.7%
Q1 24
0.1%
2.8%
Cash Conversion
HRTG
HRTG
PLPC
PLPC
Q4 25
2.73×
2.60×
Q3 25
2.47×
7.21×
Q2 25
0.90×
2.12×
Q1 25
0.03×
0.49×
Q4 24
4.29×
2.30×
Q3 24
-1.64×
1.22×
Q2 24
8.07×
3.02×
Q1 24
0.30×
0.60×

Financial Flow Comparison

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

Related Comparisons