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Side-by-side financial comparison of NICOLET BANKSHARES INC (NIC) 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 $104.0M, roughly 1.7× NICOLET BANKSHARES INC). NICOLET BANKSHARES INC runs the higher net margin — 38.8% vs 4.9%, a 33.9% gap on every dollar of revenue. On growth, NICOLET BANKSHARES INC posted the faster year-over-year revenue change (12.5% vs 3.6%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $11.8M). Over the past eight quarters, NICOLET BANKSHARES INC's revenue compounded faster (12.5% CAGR vs 10.8%).

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

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.

NIC vs PLPC — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.7× larger
PLPC
$173.1M
$104.0M
NIC
Growing faster (revenue YoY)
NIC
NIC
+8.9% gap
NIC
12.5%
3.6%
PLPC
Higher net margin
NIC
NIC
33.9% more per $
NIC
38.8%
4.9%
PLPC
More free cash flow
NIC
NIC
$137.7M more FCF
NIC
$149.4M
$11.8M
PLPC
Faster 2-yr revenue CAGR
NIC
NIC
Annualised
NIC
12.5%
10.8%
PLPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NIC
NIC
PLPC
PLPC
Revenue
$104.0M
$173.1M
Net Profit
$40.3M
$8.4M
Gross Margin
29.8%
Operating Margin
48.3%
6.8%
Net Margin
38.8%
4.9%
Revenue YoY
12.5%
3.6%
Net Profit YoY
16.9%
-19.3%
EPS (diluted)
$2.63
$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
NIC
NIC
PLPC
PLPC
Q4 25
$104.0M
$173.1M
Q3 25
$102.9M
$178.1M
Q2 25
$95.7M
$169.6M
Q1 25
$89.4M
$148.5M
Q4 24
$92.4M
$167.1M
Q3 24
$90.7M
$147.0M
Q2 24
$85.0M
$138.7M
Q1 24
$82.2M
$140.9M
Net Profit
NIC
NIC
PLPC
PLPC
Q4 25
$40.3M
$8.4M
Q3 25
$41.7M
$2.6M
Q2 25
$36.0M
$12.7M
Q1 25
$32.6M
$11.5M
Q4 24
$34.5M
$10.5M
Q3 24
$32.5M
$7.7M
Q2 24
$29.3M
$9.4M
Q1 24
$27.8M
$9.6M
Gross Margin
NIC
NIC
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
NIC
NIC
PLPC
PLPC
Q4 25
48.3%
6.8%
Q3 25
50.4%
7.4%
Q2 25
46.8%
10.1%
Q1 25
44.9%
8.8%
Q4 24
46.8%
10.5%
Q3 24
45.0%
7.1%
Q2 24
43.3%
8.1%
Q1 24
41.8%
8.2%
Net Margin
NIC
NIC
PLPC
PLPC
Q4 25
38.8%
4.9%
Q3 25
40.6%
1.5%
Q2 25
37.6%
7.5%
Q1 25
36.4%
7.8%
Q4 24
37.3%
6.3%
Q3 24
35.8%
5.2%
Q2 24
34.5%
6.8%
Q1 24
33.8%
6.8%
EPS (diluted)
NIC
NIC
PLPC
PLPC
Q4 25
$2.63
$1.72
Q3 25
$2.73
$0.53
Q2 25
$2.34
$2.56
Q1 25
$2.08
$2.33
Q4 24
$2.21
$2.13
Q3 24
$2.10
$1.54
Q2 24
$1.92
$1.89
Q1 24
$1.82
$1.94

Balance Sheet & Financial Strength

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

Metric
NIC
NIC
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$134.9M
$38.3M
Stockholders' EquityBook value
$1.3B
$475.5M
Total Assets
$9.2B
$653.6M
Debt / EquityLower = less leverage
0.11×
0.08×

8-quarter trend — quarters aligned by calendar period.

Total Debt
NIC
NIC
PLPC
PLPC
Q4 25
$134.9M
$38.3M
Q3 25
$134.6M
$36.0M
Q2 25
$134.3M
$31.8M
Q1 25
$156.6M
$29.1M
Q4 24
$161.4M
$20.8M
Q3 24
$161.2M
$27.2M
Q2 24
$162.4M
$31.6M
Q1 24
$162.3M
$55.0M
Stockholders' Equity
NIC
NIC
PLPC
PLPC
Q4 25
$1.3B
$475.5M
Q3 25
$1.2B
$466.3M
Q2 25
$1.2B
$460.7M
Q1 25
$1.2B
$435.8M
Q4 24
$1.2B
$422.3M
Q3 24
$1.1B
$429.0M
Q2 24
$1.1B
$416.2M
Q1 24
$1.1B
$413.4M
Total Assets
NIC
NIC
PLPC
PLPC
Q4 25
$9.2B
$653.6M
Q3 25
$9.0B
$644.6M
Q2 25
$8.9B
$631.5M
Q1 25
$9.0B
$592.5M
Q4 24
$8.8B
$573.9M
Q3 24
$8.6B
$592.0M
Q2 24
$8.6B
$572.6M
Q1 24
$8.4B
$586.1M
Debt / Equity
NIC
NIC
PLPC
PLPC
Q4 25
0.11×
0.08×
Q3 25
0.11×
0.08×
Q2 25
0.11×
0.07×
Q1 25
0.13×
0.07×
Q4 24
0.14×
0.05×
Q3 24
0.14×
0.06×
Q2 24
0.15×
0.08×
Q1 24
0.15×
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
NIC
NIC
PLPC
PLPC
Operating Cash FlowLast quarter
$153.5M
$21.9M
Free Cash FlowOCF − Capex
$149.4M
$11.8M
FCF MarginFCF / Revenue
143.7%
6.8%
Capex IntensityCapex / Revenue
3.9%
5.9%
Cash ConversionOCF / Net Profit
3.81×
2.60×
TTM Free Cash FlowTrailing 4 quarters
$275.0M
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NIC
NIC
PLPC
PLPC
Q4 25
$153.5M
$21.9M
Q3 25
$45.9M
$18.9M
Q2 25
$38.9M
$26.9M
Q1 25
$41.8M
$5.7M
Q4 24
$133.7M
$24.1M
Q3 24
$39.6M
$9.4M
Q2 24
$37.3M
$28.3M
Q1 24
$23.4M
$5.8M
Free Cash Flow
NIC
NIC
PLPC
PLPC
Q4 25
$149.4M
$11.8M
Q3 25
$45.9M
$8.3M
Q2 25
$38.4M
$18.6M
Q1 25
$41.3M
$-5.3M
Q4 24
$116.8M
$20.6M
Q3 24
$34.7M
$5.8M
Q2 24
$34.4M
$24.6M
Q1 24
$20.1M
$1.8M
FCF Margin
NIC
NIC
PLPC
PLPC
Q4 25
143.7%
6.8%
Q3 25
44.6%
4.7%
Q2 25
40.1%
10.9%
Q1 25
46.2%
-3.6%
Q4 24
126.4%
12.3%
Q3 24
38.3%
3.9%
Q2 24
40.5%
17.7%
Q1 24
24.4%
1.3%
Capex Intensity
NIC
NIC
PLPC
PLPC
Q4 25
3.9%
5.9%
Q3 25
0.0%
6.0%
Q2 25
0.6%
4.9%
Q1 25
0.5%
7.4%
Q4 24
18.3%
2.1%
Q3 24
5.4%
2.4%
Q2 24
3.5%
2.7%
Q1 24
4.0%
2.8%
Cash Conversion
NIC
NIC
PLPC
PLPC
Q4 25
3.81×
2.60×
Q3 25
1.10×
7.21×
Q2 25
1.08×
2.12×
Q1 25
1.28×
0.49×
Q4 24
3.88×
2.30×
Q3 24
1.22×
1.22×
Q2 24
1.28×
3.02×
Q1 24
0.84×
0.60×

Financial Flow Comparison

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

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