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Side-by-side financial comparison of PREFORMED LINE PRODUCTS CO (PLPC) and 1ST SOURCE CORP (SRCE). 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 $113.1M, roughly 1.5× 1ST SOURCE CORP). 1ST SOURCE CORP runs the higher net margin — 35.3% vs 4.9%, a 30.4% gap on every dollar of revenue. On growth, 1ST SOURCE CORP posted the faster year-over-year revenue change (8.7% vs 3.6%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $11.8M). Over the past eight quarters, PREFORMED LINE PRODUCTS CO's revenue compounded faster (10.8% CAGR vs 7.8%).

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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

PLPC vs SRCE — Head-to-Head

Bigger by revenue
PLPC
PLPC
1.5× larger
PLPC
$173.1M
$113.1M
SRCE
Growing faster (revenue YoY)
SRCE
SRCE
+5.2% gap
SRCE
8.7%
3.6%
PLPC
Higher net margin
SRCE
SRCE
30.4% more per $
SRCE
35.3%
4.9%
PLPC
More free cash flow
SRCE
SRCE
$46.3M more FCF
SRCE
$58.1M
$11.8M
PLPC
Faster 2-yr revenue CAGR
PLPC
PLPC
Annualised
PLPC
10.8%
7.8%
SRCE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PLPC
PLPC
SRCE
SRCE
Revenue
$173.1M
$113.1M
Net Profit
$8.4M
$40.0M
Gross Margin
29.8%
Operating Margin
6.8%
45.4%
Net Margin
4.9%
35.3%
Revenue YoY
3.6%
8.7%
Net Profit YoY
-19.3%
6.5%
EPS (diluted)
$1.72
$1.63

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
PLPC
PLPC
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$173.1M
$110.8M
Q3 25
$178.1M
$110.7M
Q2 25
$169.6M
$108.2M
Q1 25
$148.5M
$104.0M
Q4 24
$167.1M
$97.8M
Q3 24
$147.0M
$97.9M
Q2 24
$138.7M
$97.3M
Net Profit
PLPC
PLPC
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$8.4M
$41.1M
Q3 25
$2.6M
$42.3M
Q2 25
$12.7M
$37.3M
Q1 25
$11.5M
$37.5M
Q4 24
$10.5M
$31.4M
Q3 24
$7.7M
$34.9M
Q2 24
$9.4M
$36.8M
Gross Margin
PLPC
PLPC
SRCE
SRCE
Q1 26
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%
Operating Margin
PLPC
PLPC
SRCE
SRCE
Q1 26
45.4%
Q4 25
6.8%
Q3 25
7.4%
49.7%
Q2 25
10.1%
44.5%
Q1 25
8.8%
45.8%
Q4 24
10.5%
Q3 24
7.1%
46.3%
Q2 24
8.1%
49.1%
Net Margin
PLPC
PLPC
SRCE
SRCE
Q1 26
35.3%
Q4 25
4.9%
37.1%
Q3 25
1.5%
38.2%
Q2 25
7.5%
34.5%
Q1 25
7.8%
36.1%
Q4 24
6.3%
32.1%
Q3 24
5.2%
35.7%
Q2 24
6.8%
37.8%
EPS (diluted)
PLPC
PLPC
SRCE
SRCE
Q1 26
$1.63
Q4 25
$1.72
$1.67
Q3 25
$0.53
$1.71
Q2 25
$2.56
$1.51
Q1 25
$2.33
$1.52
Q4 24
$2.13
$1.27
Q3 24
$1.54
$1.41
Q2 24
$1.89
$1.49

Balance Sheet & Financial Strength

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

Metric
PLPC
PLPC
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$38.3M
Stockholders' EquityBook value
$475.5M
$1.3B
Total Assets
$653.6M
$9.1B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Total Debt
PLPC
PLPC
SRCE
SRCE
Q1 26
Q4 25
$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
Stockholders' Equity
PLPC
PLPC
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$475.5M
$1.3B
Q3 25
$466.3M
$1.2B
Q2 25
$460.7M
$1.2B
Q1 25
$435.8M
$1.2B
Q4 24
$422.3M
$1.1B
Q3 24
$429.0M
$1.1B
Q2 24
$416.2M
$1.0B
Total Assets
PLPC
PLPC
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$653.6M
$9.1B
Q3 25
$644.6M
$9.1B
Q2 25
$631.5M
$9.1B
Q1 25
$592.5M
$9.0B
Q4 24
$573.9M
$8.9B
Q3 24
$592.0M
$8.8B
Q2 24
$572.6M
$8.9B
Debt / Equity
PLPC
PLPC
SRCE
SRCE
Q1 26
Q4 25
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×

Cash Flow & Capital Efficiency

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

Metric
PLPC
PLPC
SRCE
SRCE
Operating Cash FlowLast quarter
$21.9M
$59.1M
Free Cash FlowOCF − Capex
$11.8M
$58.1M
FCF MarginFCF / Revenue
6.8%
51.4%
Capex IntensityCapex / Revenue
5.9%
0.9%
Cash ConversionOCF / Net Profit
2.60×
1.48×
TTM Free Cash FlowTrailing 4 quarters
$33.3M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLPC
PLPC
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$21.9M
$223.1M
Q3 25
$18.9M
$51.0M
Q2 25
$26.9M
$44.9M
Q1 25
$5.7M
$71.8M
Q4 24
$24.1M
$193.9M
Q3 24
$9.4M
$68.4M
Q2 24
$28.3M
$50.0M
Free Cash Flow
PLPC
PLPC
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$11.8M
$213.0M
Q3 25
$8.3M
$47.3M
Q2 25
$18.6M
$43.0M
Q1 25
$-5.3M
$69.3M
Q4 24
$20.6M
$181.5M
Q3 24
$5.8M
$66.7M
Q2 24
$24.6M
$46.4M
FCF Margin
PLPC
PLPC
SRCE
SRCE
Q1 26
51.4%
Q4 25
6.8%
192.2%
Q3 25
4.7%
42.7%
Q2 25
10.9%
39.8%
Q1 25
-3.6%
66.6%
Q4 24
12.3%
185.5%
Q3 24
3.9%
68.1%
Q2 24
17.7%
47.7%
Capex Intensity
PLPC
PLPC
SRCE
SRCE
Q1 26
0.9%
Q4 25
5.9%
9.1%
Q3 25
6.0%
3.4%
Q2 25
4.9%
1.7%
Q1 25
7.4%
2.4%
Q4 24
2.1%
12.6%
Q3 24
2.4%
1.7%
Q2 24
2.7%
3.7%
Cash Conversion
PLPC
PLPC
SRCE
SRCE
Q1 26
1.48×
Q4 25
2.60×
5.42×
Q3 25
7.21×
1.21×
Q2 25
2.12×
1.20×
Q1 25
0.49×
1.91×
Q4 24
2.30×
6.17×
Q3 24
1.22×
1.96×
Q2 24
3.02×
1.36×

Financial Flow Comparison

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

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