PREFORMED LINE PRODUCTS CO R&D Expense History
PLPC / Industrials|9 years of SEC 10-K data (FY2015-FY2023)
$5M in FY2023 with a 5-year CAGR of +16.7%.
Improved from $3M to $5M over the past 2 years.
Among 173 Industrials companies, PREFORMED LINE PRODUCTS CO is in the bottom 3% for r&d expense. R&D Expense has increased for 3 consecutive years, from $3M in FY2020 to $5M in FY2023.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +22.9%
- 5-Year CAGR
- +16.7%
- 10-Year CAGR
- -
R&D Expense Trend
Bottom 3% in IndustrialsTop 97% of 173This company $5.2M Sector average $273.2M
▼
-98.1% below sector average
Key Insights
- PREFORMED LINE PRODUCTS CO's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +16.7%, indicating consistent growth.
- In FY2023, r&d expense increased 15.6% year-over-year.
- Ranks #167 out of 173 companies in the Industrials sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2024 | - | - |
| FY2023 | $5.2M | +15.6% |
| FY2022 | $4.5M | +36.4% |
| FY2021 | $3.3M | +17.9% |
| FY2020 | $2.8M | -6.7% |
| FY2019 | $3.0M | +25.0% |
| FY2018 | $2.4M | +14.3% |
| FY2017 | $2.1M | -22.2% |
| FY2016 | $2.7M | -6.9% |
| FY2015 | $2.9M | +7.4% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026