PPL Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	9,042	8,462	8,312	7,902	5,783
Revenue Growth (YoY)	6.85%	1.80%	5.19%	36.64%	5.64%
Fuel and Purchased Power Expense	2,747	2,462	2,574	4,084	2,360
Operations and Maintenance Expenses	2,431	2,607	2,462	1,181	1,082
Gross Profit	3,864	3,393	3,276	2,637	2,341
Depreciation & Amortization Expenses	1,312	1,279	1,254	332	207
Taxes Other than Income Tax	423	374	392	332	-
Other Operating Expenses	-6,913	-6,722	-6,682	-7,459	-5,069
Operating Income	2,129	1,740	1,630	1,374	1,424
Interest Expense	-808	-738	-666	-513	-918
Other Non-Operating Income (Expense)	151	114	-40	54	15
Total Non-Operating Income (Expense)	-657	-624	-706	-459	-903
Pretax Income	1,472	1,116	924	714	18
Provision for Income Taxes	291	228	184	201	503
Net Income	1,181	888	740	42	-1,498
Earnings From Discontinued Operations	-	-	-	0	-0
Net Income to Common	1,181	888	740	42	-1,498
Net Income Growth	33.00%	20.00%	1661.91%	-	-
Shares Outstanding (Basic)	739	738	737	736	763
Shares Outstanding (Diluted)	743	740	738	737	765
Shares Change (YoY)	0.47%	0.23%	0.17%	-3.65%	-0.59%
EPS (Basic)	1.60	1.20	1.00	1.03	0.03
EPS (Diluted)	1.59	1.20	1.00	1.02	0.03
EPS Growth	32.50%	20.00%	-1.96%	3300.00%	-98.43%
Free Cash Flow	-1,401	-465	-632	-425	297
Free Cash Flow Growth	-	-	-	-	-37.60%
Free Cash Flow Per Share	-1.88	-0.63	-0.86	-0.58	0.39
Dividends Per Share	1.090	1.030	0.960	0.875	1.660
Dividend Growth	5.83%	7.29%	9.71%	-47.29%	-
Gross Margin	42.73%	40.10%	39.41%	33.37%	40.48%
Operating Margin	23.55%	20.56%	19.61%	17.39%	24.62%
Profit Margin	13.06%	10.49%	8.90%	0.53%	-25.90%
FCF Margin	-15.49%	-5.50%	-7.60%	-5.38%	5.14%
EBITDA	3,545	3,097	2,965	2,607	2,545
EBITDA Margin	39.21%	36.60%	35.67%	32.99%	44.01%
EBIT	2,129	1,740	1,630	1,374	1,424
EBIT Margin	23.55%	20.56%	19.61%	17.39%	24.62%
Effective Tax Rate	19.77%	20.43%	19.91%	28.15%	2794.44%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.