PPL

PPL
D

PPL

Arincen43/100B

PPL income statement 1985–2026

9.66B USD over the last twelve months, and 9.04B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
9.66B9.04B8.46B8.31B7.90B5.78B5.47B5.60B7.79B7.45B7.52B
Revenue growth
+7.55%+6.85%+1.80%+5.19%+36.64%+5.64%-2.28%-28.04%+4.54%-0.93%-1.98%
Cost of revenue
7.07B5.51B5.07B5.04B5.02B3.07B2.69B2.94B3.53B3.25B3.35B
Gross profit
2.59B3.53B3.39B3.28B2.89B2.71B2.79B2.66B4.26B4.20B4.16B
Gross margin
26.79%39.05%40.10%39.41%36.54%46.91%50.93%47.50%54.69%56.41%55.38%
Selling, general and administrative
—0.000.00-40.00M-47.00M-21.00M2.00M-8.00M-257.00M-167.00M-112.00M
Operating expenses
—1.40B1.65B1.65B1.51B1.29B1.20B1.14B1.41B1.30B1.23B
2.36B2.13B1.74B1.63B1.37B1.42B1.59B1.53B2.85B2.90B2.94B
Operating income growth
+16.40%+22.47%+6.75%+18.63%-3.51%-10.21%+3.93%-46.49%-1.69%-1.19%+3.71%
Operating margin
24.47%23.57%20.56%19.61%17.39%24.62%28.97%27.24%36.63%38.96%39.06%
Interest income
—20.00M33.00M32.00M4.00M12.00M9.00M15.00M6.00M2.00M3.00M
Interest expense
898.00M808.00M738.00M666.00M513.00M918.00M634.00M621.00M963.00M901.00M888.00M
Other non-operating income
-729.00M-659.00M-624.00M-706.00M-459.00M-903.00M-632.00M-607.00M-567.00M-989.00M-386.00M
Pretax income
1.63B1.47B1.12B924.00M915.00M521.00M954.00M919.00M2.29B1.91B2.55B
Income tax
312.00M291.00M228.00M184.00M201.00M503.00M314.00M183.00M458.00M784.00M648.00M
Effective tax rate
19.18%19.77%20.43%19.91%21.97%96.55%32.91%19.91%20.04%41.00%25.41%
1.32B1.18B888.00M740.00M756.00M-1.48B1.47B1.75B1.83B1.13B1.90B
Net income growth
+20.42%+33.00%+20.00%-2.12%—-200.75%-15.86%-4.43%+61.97%-40.69%+178.89%
Net margin
13.62%13.06%10.49%8.90%9.57%-25.59%26.84%31.17%23.47%15.15%25.30%
Basic shares
749.20M740.11M737.76M737.04M736.03M762.90M768.59M728.51M704.44M685.24M677.59M
Diluted shares
753.72M745.14M739.85M738.17M736.90M764.82M769.38M736.75M708.62M687.33M680.45M
Change in diluted shares
+1.53%+0.72%+0.23%+0.17%-3.65%-0.59%+4.43%+3.97%+3.10%+1.01%+1.17%
EPS (basic)
1.761.601.201.001.02-1.931.912.392.591.642.80
EPS (diluted)
1.751.601.201.001.02-1.931.912.372.581.642.79
EPS growth
+18.24%+33.33%+20.00%-1.96%—-201.05%-19.41%-8.14%+57.32%-41.22%+176.24%
Dividends per share
1.131.091.030.960.881.661.661.651.641.581.52
Dividend growth
+4.88%+5.83%+7.29%+9.71%-47.29%0.00%+0.61%+0.61%+3.80%+3.95%+3.06%
EBITDA
4.04B3.70B3.21B2.93B2.66B2.56B2.67B2.55B4.42B3.92B4.44B
EBITDA margin
41.82%40.88%37.95%35.19%33.68%44.27%48.74%45.47%56.78%52.61%59.12%
EBIT
2.53B2.28B1.85B1.59B1.43B1.44B1.59B1.54B3.25B2.81B3.44B

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Figures underlined with dots are from the company's SEC filings, where our data provider's differ.

Common questions about PPL's income statement

Source: Financial Modeling PrepVerified against SEC filings