Friday 6 November 2026 Export PPL’s income statement to Excel — free account

PPL Corporation

PPL Utilities Utilities Regulated Electric

PPL Corporation’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 6.85% from fiscal 2024.

Revenue: +4.25%
EPS: +24.0%
Free cash flow: −112.8%
Total debt: +14.2%

Quarter to June 2026, against a year earlier

35.96 0.24 +0.67%

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Market cap: $27.1B
P/E: 21.2×
Fwd P/E: 18.7×
Dividend yield: 3.14%
F-score: 5/9
Altman Z: 0.95
Beneish M: −2.49
Dividend safety: 24/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

PPL Corporation (PPL) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2023: revenue by segment, and margins
Total Segments	8,311	99.99%
Corporate and Other	1	0.01%
Gross margin		69.03%
Operating margin		19.61%
Pre-tax margin		11.12%

Revenue by segment $m

Line	FY2024	FY2023	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Total Segments	8,462 100.21%	8,311 100.25%	—	—	—	—	—	—	—	—
Corporate and Other	0 0.00%	1 0.01%	31 0.53%	36 0.66%	38 0.69%	26 0.33%	5 0.07%	13 0.17%	20 0.26%	19 0.24%
United Kingdom Regulated	—	—	—	—	—	2,268 29.16%	2,091 28.08%	2,207 29.36%	2,410 31.43%	2,621 33.38%
Also reported: a second breakdown of the same revenue
Kentucky Regulated	3,582 42.42%	3,440 41.50%	3,325 56.95%	3,077 56.68%	3,161 57.05%	3,214 41.32%	3,156 42.38%	3,141 41.79%	3,115 40.62%	3,168 40.35%
Pennsylvania Regulated	2,842 33.66%	2,998 36.16%	2,482 42.51%	2,316 42.66%	2,342 42.27%	2,277 29.27%	2,195 29.47%	2,156 28.68%	2,124 27.70%	2,044 26.03%
Rhode Island Regulated	2,020 23.92%	1,851 22.33%	0 0.00%	0 0.00%	—	—	—	—	—	—
Revenue	8,444	8,290	5,838	5,429	5,541	7,779	7,447	7,517	7,669	7,852

Revenue by region $m

Line	FY2013	FY2012	FY2011	FY2010	FY2009
United States	9,318 79.50%	9,796 80.75%	—	—	—
United Kingdom	2,403 20.50%	2,336 19.25%	1,653 12.98%	761 8.93%	—
Us	—	—	11,084 87.02%	7,760 91.07%	6,733 90.39%
Other, not broken out	—	—	—	—	716 9.61%
Revenue	11,721	12,132	12,737	8,521	7,449

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
KY Regulated Segment Retail Delivered	Q2 FY2026	7.0K	7.0K	−1.21%
KY Regulated Segment Wholesale	Q2 FY2026	151.00	268.00	−43.66%
PA Regulated Segment Retail Delivered	Q2 FY2026	8.4K	8.4K	−0.52%
Total	Q2 FY2026	7.1K	7.3K	−2.76%
Total	Q2 FY2026	15.5K	15.7K	−1.56%

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
KY Regulated Segment Retail Delivered	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
KY Regulated Segment Wholesale	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
PA Regulated Segment Retail Delivered	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.