PPL Corporation (PPL) Financial Statements
Historical financial data — 41 statements covering FY2016–FY2025
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in cen...
PPL Corporation's revenue increased 6.9% year over year, from $8.46B to $9.04B.
Net income increased 33.1% over the same period, from $886.0M to $1.18B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 20% in total.
Total debt increased by 15.7% to $19.52B.
The debt-to-equity ratio stands at 1.31, indicating a elevated leverage profile.
Operating cash flow grew 12.4% to $2.63B.
PPL Corporation maintains a healthy net profit margin of 13.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|
| Q3 FY2024 | $2.07B+9.8% | $213.0M | $781.0M | $40.47B | $16.56B | $14.09B |
| Q4 FY2024 | $2.21B+7.0% | $177.0M | $511.0M | $41.07B | $16.86B | $14.08B |
| Q1 FY2025 | $2.50B+13.3% | $413.0M | $513.0M | $41.81B | $17.34B | $14.30B |
| Q2 FY2025 | $2.02B-19.1% | $183.0M | $602.0M | $42.36B | $17.85B | $14.29B |
| Q3 FY2025 | $2.24B+10.6% | $318.0M | $966.0M | $43.94B | $19.04B | $14.41B |
| Q4 FY2025 | $2.27B+1.6% | $265.0M | $548.0M | $45.24B | $19.52B | $14.88B |
| Q1 FY2026 | $2.77B+22.0% | $451.0M | $557.0M | $46.30B | $20.29B | $15.02B |
| Q2 FY2026 | $2.11B-23.9% | $230.0M | $583.0M | $46.30B | $20.38B | $15.04B |
Balance Sheet Summary (Q2 FY2026)
PPL Corporation (PPL) Financial Statements & Revenue History
PPL Corporation (PPL) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry trading at $35.00 with a market capitalization of $26. This page provides 41 historical financial statements for PPL Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, PPL Corporation reported revenue of $9.0 billion, representing 6.9% year-over-year growth. The net profit margin of 13.0% indicates moderate profitability. The debt-to-equity ratio of 1.31 indicates elevated leverage.
PPL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows PPL Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PPL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PPL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently PPL Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PPL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PPL Financial Data
Investors use PPL Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PPL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PPL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PPL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from PPL Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PPL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

