PLPC vs. NRG
PLPC (Preformed Line Products Company) and NRG (NRG Energy, Inc.) are both stocks. PLPC operates in Electrical Equipment & Parts (Industrials), while NRG operates in Utilities - Independent Power Producers (Utilities). Over the past 10 years, PLPC returned 24.32%/yr vs 27.19%/yr for NRG. At a 0.22 correlation, their price movements are largely independent.
Performance
PLPC vs. NRG - Performance Comparison
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Returns By Period
In the year-to-date period, PLPC achieves a 64.87% return, which is significantly higher than NRG's -11.87% return. Over the past 10 years, PLPC has underperformed NRG with an annualized return of 24.32%, while NRG has yielded a comparatively higher 27.19% annualized return.
PLPC
- 1D
- -1.84%
- 1M
- -9.38%
- 6M
- 40.08%
- YTD
- 64.87%
- 1Y
- 103.89%
- 3Y*
- 27.05%
- 5Y*
- 36.82%
- 10Y*
- 24.32%
NRG
- 1D
- -0.67%
- 1M
- 11.17%
- 6M
- -5.74%
- YTD
- -11.87%
- 1Y
- -6.37%
- 3Y*
- 59.67%
- 5Y*
- 31.51%
- 10Y*
- 27.19%
PLPC vs. NRG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLPC Preformed Line Products Company | 64.87% | 62.61% | -3.93% | 61.77% | 29.93% | -4.34% | 15.14% | 12.87% | -22.73% | 23.98% |
NRG NRG Energy, Inc. | -11.87% | 78.91% | 78.58% | 69.36% | -23.47% | 18.54% | -2.14% | 0.69% | 39.59% | 133.69% |
Correlation
The correlation between PLPC and NRG is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2003 | 0.22 |
The correlation between PLPC and NRG shifts across timeframes, from 0.22 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PLPC:
$1.66B
NRG:
$29.43B
PLPC:
$6.94
NRG:
$1.21
PLPC:
48.99
NRG:
115.43
PLPC:
9.00
NRG:
1.73
PLPC:
2.41
NRG:
0.85
PLPC:
3.54
NRG:
6.87
PLPC:
$697.08M
NRG:
$32.38B
PLPC:
$215.09M
NRG:
$4.69B
PLPC:
$62.69M
NRG:
$2.57B
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Return for Risk
PLPC vs. NRG — Risk / Return Rank
PLPC
NRG
PLPC vs. NRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Preformed Line Products Company (PLPC) and NRG Energy, Inc. (NRG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLPC | NRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.11 | ||
| Sortino ratioReturn per unit of downside risk | +2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.01 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | -0.19 | +4.87 |
| Martin ratioReturn relative to average drawdown | 13.18 | -0.42 | +13.61 |
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Drawdowns
PLPC vs. NRG - Drawdown Comparison
The maximum PLPC drawdown since its inception was -66.36%, smaller than the maximum NRG drawdown of -79.41%. Use the drawdown chart below to compare losses from any high point for PLPC and NRG.
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Drawdown Indicators
| PLPC | NRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.36% | -79.41% | +13.05% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -34.24% | +11.91% |
Max Drawdown (3Y)Largest decline over 3 years | -39.35% | -34.24% | -5.11% |
Max Drawdown (5Y)Largest decline over 5 years | -39.35% | -34.24% | -5.11% |
Max Drawdown (10Y)Largest decline over 10 years | -59.49% | -48.76% | -10.73% |
Current DrawdownCurrent decline from peak | -17.14% | -23.98% | +6.84% |
Average DrawdownAverage peak-to-trough decline | -24.76% | -27.98% | +3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.91% | 15.14% | -7.23% |
Volatility
PLPC vs. NRG - Volatility Comparison
Preformed Line Products Company (PLPC) has a higher volatility of 20.09% compared to NRG Energy, Inc. (NRG) at 10.18%. This indicates that PLPC's price experiences larger fluctuations and is considered to be riskier than NRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLPC | NRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.09% | 10.18% | +9.91% |
Volatility (6M)Calculated over the trailing 6-month period | 41.63% | 33.93% | +7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.12% | 45.29% | +7.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.78% | 40.00% | +4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.47% | 39.07% | +5.40% |
Dividends
PLPC vs. NRG - Dividend Comparison
PLPC's dividend yield for the trailing twelve months is around 0.24%, less than NRG's 1.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRG NRG Energy, Inc. | 1.31% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
PLPC Preformed Line Products Company | 0.24% | 0.39% | 0.63% | 0.60% | 0.72% | 1.24% | 1.17% | 1.33% | 1.47% | 1.13% | 1.38% | 1.90% |
Financials
PLPC vs. NRG - Financials Comparison
This section allows you to compare key financial metrics between Preformed Line Products Company and NRG Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PLPC vs. NRG - Profitability Comparison
PLPC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Preformed Line Products Company reported a gross profit of 55.22M and revenue of 176.28M. Therefore, the gross margin over that period was 31.3%.
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. Therefore, the gross margin over that period was 0.0%.
PLPC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Preformed Line Products Company reported an operating income of 13.72M and revenue of 176.28M, resulting in an operating margin of 7.8%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
PLPC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Preformed Line Products Company reported a net income of 10.52M and revenue of 176.28M, resulting in a net margin of 6.0%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
Frequently Asked Questions
PLPC and NRG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLPC has higher volatility (20.09%) compared to NRG (10.18%). In terms of maximum drawdown, PLPC dropped -66.36% vs NRG's -79.41%.
PLPC currently has the higher Sharpe Ratio (1.97 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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