PPL - NYSE
PPL Corporation
$35.16
+0.40%PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
At a Glance
Live SnapshotPPL Corporation Profit Bridge
Profitability Analysis
Gross Margin
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.
PPL Corporation Income Statement
PPL • NYSE
| PPL Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
9B | 8.5B | 8.3B | 7.9B | 5.8B | 5.5B | 5.6B | 7.8B | 7.4B | 7.5B | 7.7B | 7.9B | 7.3B | 12.1B | 12.7B | 8.5B | 7.4B | 8B | 6.5B | 6.1B | |
GROSS PROFIT | ||||||||||||||||||||
(5.5B) | (5.1B) | (5B) | (5B) | (3.1B) | (2.7B) | (2.9B) | (3.5B) | (3.2B) | (3.4B) | (3.7B) | (3.7B) | (3.6B) | (7.7B) | (8.4B) | (5.9B) | (3.7B) | (5B) | (1.6B) | (763M) | |
3.5B | 3.4B | 3.3B | 2.9B | 2.7B | 2.8B | 2.7B | 4.3B | 4.2B | 4.2B | 4B | 4.1B | 3.7B | 4.5B | 4.4B | 2.7B | 3.7B | 3B | 4.9B | 5.4B | |
OPERATING INCOME | ||||||||||||||||||||
(1.4B) | (1.7B) | (1.6B) | (1.5B) | (1.3B) | (1.2B) | (1.1B) | (1.4B) | (1.3B) | (1.2B) | (1.2B) | (1.2B) | (1.1B) | (1.4B) | (1.3B) | (794M) | (2.9B) | (1.2B) | (3.2B) | (3.9B) | |
(0.0) | (0.0) | -40M | -47M | -21M | (2M) | -8M | -257M | -167M | -112M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
2.1B | 1.7B | 1.6B | 1.4B | 1.4B | 1.6B | 1.5B | 2.9B | 2.9B | 2.9B | 2.8B | 2.9B | 2.6B | 3B | 3.1B | 1.9B | 896M | 1.8B | 1.7B | 1.5B | |
PRE-TAX INCOME | ||||||||||||||||||||
(808M) | (738M) | (666M) | (513M) | (918M) | (634M) | (621M) | (963M) | (901M) | (888M) | (871M) | (843M) | (778M) | (951M) | (898M) | (593M) | (387M) | (455M) | (0.0) | (0.0) | |
-787M | -705M | -634M | -509M | -906M | -625M | -606M | -957M | -899M | -885M | -867M | -842M | -976M | -946M | -891M | -585M | -387M | -455M | 0.0 | 0.0 | |
(1.4B) | (1.7B) | (1.7B) | (1.6B) | (1.3B) | (1.2B) | (1.1B) | (1.7B) | (1.5B) | (1.3B) | (1.2B) | (1.2B) | (1.1B) | (1.4B) | (1.3B) | (794M) | (2.9B) | (1.2B) | (3.2B) | (3.9B) | |
-659M | -624M | -706M | -459M | -903M | -632M | -607M | -567M | -989M | -386M | -763M | -738M | -833M | -1B | -900M | -627M | -358M | -436M | -382M | -388M | |
1.5B | 1.1B | 924M | 915M | 521M | 954M | 919M | 2.3B | 1.9B | 2.6B | 2.1B | 2.1B | 1.7B | 2B | 2.2B | 1.2B | 538M | 1.4B | 1.3B | 1.1B | |
NET INCOME | ||||||||||||||||||||
(291M) | (228M) | (184M) | (201M) | (503M) | (314M) | (183M) | (458M) | (784M) | (648M) | (465M) | (692M) | (360M) | (518M) | (691M) | (263M) | (105M) | (430M) | (270M) | (268M) | |
1.2B | 888M | 740M | 756M | -1.5B | 1.5B | 1.7B | 1.8B | 1.1B | 1.9B | 682M | 1.7B | 1.1B | 1.5B | 1.5B | 938M | 407M | 930M | 1.3B | 827M |
SEC Filings
PPL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 04, 2026 | June 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 18, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 15, 2026 | May 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 01, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 24, 2026 | March 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 13, 2026 | March 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 06, 2026 | March 05, 2026 | 2026 |
Related Guides
Continue your PPL research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.