PPL Corporation (PPL)
NYSE: PPL · Real-Time Price · USD
34.13
-0.07 (-0.20%)
At close: Aug 31, 2026, 4:00 PM EDT
34.24
+0.11 (0.32%)
After-hours: Aug 31, 2026, 7:44 PM EDT
PPL Corporation Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 2,111 | 2,774 | 2,274 | 2,239 | 2,025 | 2,504 | 2,211 | 2,066 | 1,881 | 2,304 | 2,031 | 2,043 | 1,823 | 2,415 | - | 2,134 | 1,696 | 1,782 | 1,485 | 1,512 | |
Revenue Growth (YoY) | 4.25% | 10.78% | 2.85% | 8.37% | 7.66% | 8.68% | 8.86% | 1.13% | 3.18% | -4.60% | - | -4.26% | 7.49% | 35.52% | - | 41.14% | 31.68% | 18.96% | 8.31% | 8.00% |
Fuel & Purchased Power | 598 | 977 | 721 | 653 | 580 | 793 | 732 | 545 | 456 | 729 | 577 | 555 | 507 | 935 | - | 703 | 534 | 564 | 407 | 362 |
Operations & Maintenance | 555 | 576 | 598 | 567 | 597 | 590 | 657 | 660 | 596 | 591 | 613 | 603 | 578 | 559 | - | 591 | 508 | 433 | 373 | 393 |
Depreciation & Amortization | 362 | 351 | 335 | 331 | 324 | 322 | 322 | 322 | 319 | 316 | 317 | 314 | 313 | 313 | - | 312 | 289 | 271 | 272 | 274 |
Other Operating Expenses | 98 | 116 | 191 | 92 | 94 | 105 | 177 | 81 | 78 | 80 | 163 | 87 | 94 | 93 | - | 93 | 61 | 50 | 85 | 46 |
Total Operating Expenses | 1,613 | 2,020 | 1,845 | 1,643 | 1,595 | 1,810 | 1,888 | 1,608 | 1,449 | 1,716 | 1,670 | 1,559 | 1,492 | 1,900 | - | 1,699 | 1,392 | 1,318 | 1,137 | 1,075 |
Operating Income | 498 | 754 | 429 | 596 | 430 | 694 | 323 | 458 | 432 | 588 | 361 | 484 | 331 | 515 | - | 435 | 304 | 464 | 348 | 437 |
Interest Expense | -232 | -224 | -209 | -210 | -199 | -190 | -189 | -188 | -182 | -179 | -172 | -165 | -165 | -164 | - | -136 | -118 | -108 | -108 | -183 |
Interest Income | 9 | 9 | 7 | 6 | 2 | 5 | 8 | 10 | 6 | 9 | 10 | 4 | 8 | 9 | - | - | - | - | 2 | 6 |
Net Interest Expense | -223 | -215 | -202 | -204 | -197 | -185 | -181 | -178 | -176 | -170 | -162 | -161 | -157 | -155 | - | -136 | -118 | -108 | -106 | -177 |
Allowance for Equity Funds for Construction | 28 | 24 | 23 | 23 | 20 | 16 | 14 | 13 | 12 | 9 | 9 | 7 | 4 | 6 | - | 8 | 6 | 4 | 5 | 4 |
Other Non-Operating Income (Expenses) | - | - | 104 | 2 | 1 | -4 | 83 | - | -1 | -4 | 64 | -1 | -1 | -2 | - | -5 | 11 | -13 | -20 | -4 |
EBT Excluding Unusual Items | 303 | 563 | 354 | 417 | 254 | 521 | 239 | 293 | 267 | 423 | 272 | 329 | 177 | 364 | - | 302 | 203 | 347 | 227 | 260 |
Total Merger & Restructuring Charges | - | - | - | -1 | - | 9 | 1 | -21 | -20 | -18 | -21 | -20 | -16 | - | - | -18 | -49 | - | - | - |
Asset Writedown | - | - | - | - | - | - | -21 | - | - | - | - | - | - | - | - | -67 | - | - | -37 | - |
Legal Settlements | - | - | - | - | - | - | -2 | - | - | - | -105 | -7 | - | - | - | - | - | - | - | - |
Other Unusual Items | -17 | -3 | -26 | -18 | -24 | -14 | -1 | - | -7 | -17 | -19 | -14 | -16 | - | - | -2 | -3 | - | - | - |
Pretax Income | 286 | 560 | 328 | 398 | 230 | 516 | 216 | 272 | 240 | 388 | 127 | 288 | 145 | 364 | - | 215 | 151 | 347 | 190 | 260 |
Income Tax Expense | 56 | 108 | 62 | 80 | 47 | 102 | 39 | 58 | 50 | 81 | 14 | 58 | 33 | 79 | - | 41 | 32 | 74 | 48 | 51 |
Earnings From Continuing Ops. | 230 | 452 | 266 | 318 | 183 | 414 | 177 | 214 | 190 | 307 | 113 | 230 | 112 | 285 | - | 174 | 119 | 273 | 142 | 209 |
Earnings From Discontinued Ops. | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -8 | -2 |
Net Income | 230 | 452 | 266 | 318 | 183 | 414 | 177 | 214 | 190 | 307 | 113 | 230 | 112 | 285 | - | 174 | 119 | 273 | 134 | 207 |
Preferred Dividends & Other Adjustments | - | 1 | - | - | - | 1 | - | 1 | 1 | - | - | - | - | 1 | - | - | - | - | - | - |
Net Income to Common | 230 | 451 | 266 | 318 | 183 | 413 | 177 | 213 | 189 | 307 | 113 | 230 | 112 | 284 | - | 174 | 119 | 273 | 134 | 207 |
Net Income Growth (YoY) | 25.68% | 9.20% | 50.28% | 49.30% | -3.17% | 34.53% | 56.64% | -7.39% | 68.75% | 8.10% | - | 32.18% | -5.88% | 4.03% | - | -15.94% | 526.32% | - | -53.63% | -26.33% |
Shares Outstanding (Basic) | 752 | 752 | 740 | 740 | 739 | 739 | 738 | 738 | 738 | 738 | 737 | 737 | 737 | 737 | - | 736 | 736 | 736 | 745 | 768 |
Shares Outstanding (Diluted) | 757 | 757 | 745 | 744 | 743 | 741 | 741 | 740 | 740 | 739 | 739 | 738 | 738 | 738 | - | 737 | 737 | 736 | 748 | 770 |
Shares Change (YoY) | 1.98% | 2.13% | 0.55% | 0.58% | 0.40% | 0.35% | 0.33% | 0.24% | 0.19% | 0.15% | - | 0.15% | 0.19% | 0.21% | - | -4.26% | -4.25% | -4.48% | -2.86% | 0.03% |
EPS (Basic) | 0.31 | 0.60 | 0.36 | 0.43 | 0.25 | 0.56 | 0.24 | 0.29 | 0.26 | 0.42 | 0.15 | 0.31 | 0.15 | 0.39 | - | 0.24 | 0.16 | 0.37 | 0.18 | 0.27 |
EPS (Diluted) | 0.30 | 0.60 | 0.36 | 0.43 | 0.25 | 0.56 | 0.24 | 0.29 | 0.26 | 0.42 | 0.15 | 0.31 | 0.15 | 0.39 | - | 0.24 | 0.16 | 0.37 | 0.18 | 0.27 |
EPS Growth (YoY) | 21.19% | 7.30% | 49.85% | 48.94% | -3.38% | 34.31% | 59.81% | -6.87% | 70.79% | 8.00% | - | 31.17% | -6.25% | 4.17% | - | -11.62% | 547.98% | - | -51.56% | -26.35% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | -698 | -501 | -614 | -179 | -328 | -280 | -349 | 102 | 96 | -314 | -539 | 155 | -179 | -69 | - | 26 | -105 | 75 | -221 | -34 |
Free Cash Flow Per Share | -0.92 | -0.66 | -0.82 | -0.24 | -0.44 | -0.38 | -0.47 | 0.14 | 0.13 | -0.42 | -0.73 | 0.21 | -0.24 | -0.09 | - | 0.04 | -0.14 | 0.10 | -0.30 | -0.04 |
Dividend Per Share | 0.285 | 0.285 | 0.273 | 0.273 | 0.273 | 0.273 | 0.258 | 0.258 | 0.258 | 0.258 | 0.240 | 0.240 | 0.240 | 0.240 | - | 0.225 | 0.225 | 0.200 | 0.415 | 0.415 |
Dividend Growth (YoY) | 4.59% | 4.59% | 5.83% | 5.83% | 5.83% | 5.83% | 7.29% | 7.29% | 7.29% | 7.29% | - | 6.67% | 6.67% | 20.00% | - | -45.78% | -45.78% | -51.81% | 0% | 0% |
Profit Margin | 10.90% | 16.26% | 11.70% | 14.20% | 9.04% | 16.49% | 8.00% | 10.31% | 10.05% | 13.33% | 5.56% | 11.26% | 6.14% | 11.76% | - | 8.15% | 7.02% | 15.32% | 9.02% | 13.69% |
Free Cash Flow Margin | -33.06% | -18.06% | -27.00% | -7.99% | -16.20% | -11.18% | -15.78% | 4.94% | 5.10% | -13.63% | -26.54% | 7.59% | -9.82% | -2.86% | - | 1.22% | -6.19% | 4.21% | -14.88% | -2.25% |
EBITDA | 887 | 1,143 | 787 | 951 | 783 | 1,036 | 654 | 794 | 774 | 928 | 695 | 820 | 666 | 845 | - | 762 | 601 | 742 | 629 | 701 |
EBITDA Margin | 42.02% | 41.20% | 34.61% | 42.47% | 38.67% | 41.37% | 29.58% | 38.43% | 41.15% | 40.28% | 34.22% | 40.14% | 36.53% | 34.99% | - | 35.71% | 35.44% | 41.64% | 42.36% | 46.36% |
D&A For EBITDA | 389 | 389 | 358 | 355 | 353 | 342 | 331 | 336 | 342 | 340 | 334 | 336 | 335 | 330 | 331 | 327 | 297 | 278 | 281 | 264 |
EBIT | 498 | 754 | 429 | 596 | 430 | 694 | 323 | 458 | 432 | 588 | 361 | 484 | 331 | 515 | - | 435 | 304 | 464 | 348 | 437 |
EBIT Margin | 23.59% | 27.18% | 18.87% | 26.62% | 21.23% | 27.72% | 14.61% | 22.17% | 22.97% | 25.52% | 17.77% | 23.69% | 18.16% | 21.32% | - | 20.38% | 17.93% | 26.04% | 23.43% | 28.90% |
Effective Tax Rate | 19.58% | 19.29% | 18.90% | 20.10% | 20.43% | 19.77% | 18.06% | 21.32% | 20.83% | 20.88% | 11.02% | 20.14% | 22.76% | 21.70% | - | 19.07% | 21.19% | 21.33% | 25.26% | 19.61% |