PPL Corp (PPLC) stock
PPLCNYSEElectric ServicesFiscal year ends December 31Also trades as PPL
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026Score 9/302% above fair value
$46.86+0.23 (+0.49%)
Close on Nov 2, 2026Market cap $35.26BP/E 27.7Yield 2.33%
PPL operating income
Operating income is the profit from the core business after operating expenses such as R&D and selling costs, before interest and taxes.
PPL's operating income for the twelve months ending Jun 30, 2026 was $2.27B, up 19.9% year over year. For fiscal 2025 it was $2.13B, up 22.4% from the year before. Over ten years it grew -2.8% a year on average. The highest annual figure on record is $3.10B in fiscal 2011.
Annual operating income
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.13B | +22.4% |
| FY2024 | Dec 31, 2024 | $1.74B | +6.7% |
| FY2023 | Dec 31, 2023 | $1.63B | +18.6% |
| FY2022 | Dec 31, 2022 | $1.37B | -3.5% |
| FY2021 | Dec 31, 2021 | $1.42B | -10.2% |
| FY2020 | Dec 31, 2020 | $1.59B | +3.9% |
| FY2019 | Dec 31, 2019 | $1.53B | -46.5% |
| FY2018 | Dec 31, 2018 | $2.85B | -1.7% |
| FY2017 | Dec 31, 2017 | $2.90B | -1.2% |
| FY2016 | Dec 31, 2016 | $2.94B | +3.7% |
| FY2015 | Dec 31, 2015 | $2.83B | -1.3% |
| FY2014 | Dec 31, 2014 | $2.87B | +11.9% |
| FY2013 | Dec 31, 2013 | $2.56B | -15.4% |
| FY2012 | Dec 31, 2012 | $3.03B | -2.4% |
| FY2011 | Dec 31, 2011 | $3.10B | +66.2% |
| FY2010 | Dec 31, 2010 | $1.87B | +108.3% |
| FY2009 | Dec 31, 2009 | $896.00M | -47.4% |
| FY2008 | Dec 31, 2008 | $1.70B | +2.7% |
| FY2007 | Dec 31, 2007 | $1.66B | – |
Quarterly operating income
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $475.00M | +17.0% |
| Q1 FY2026 | Mar 31, 2026 | $745.00M | +9.9% |
| Q4 FY2025 | Dec 31, 2025 | $476.00M | -60.2% |
| Q3 FY2025 | Sep 30, 2025 | $569.00M | – |
| Q2 FY2025 | Jun 30, 2025 | $406.00M | +33.1% |
| Q1 FY2025 | Mar 31, 2025 | $678.00M | +36.1% |
| Q4 FY2024 | Dec 31, 2024 | $1.20B | +255.7% |
| Q3 FY2024 | Mar 31, 2024 | -$390.00M | -214.4% |
| Q2 FY2023 | Jun 30, 2023 | $305.00M | +25.5% |
| Q1 FY2023 | Mar 31, 2023 | $498.00M | +9.7% |
| Q4 FY2022 | Dec 31, 2022 | $336.00M | +9.1% |
| Q3 FY2022 | Sep 30, 2022 | $341.00M | -20.9% |
| Q2 FY2022 | Jun 30, 2022 | $243.00M | -10.0% |
| Q1 FY2022 | Mar 31, 2022 | $454.00M | +9.4% |
| Q4 FY2021 | Dec 31, 2021 | $308.00M | -18.5% |
| Q3 FY2021 | Sep 30, 2021 | $431.00M | -1.4% |
| Q2 FY2021 | Jun 30, 2021 | $270.00M | -22.2% |
| Q1 FY2021 | Mar 31, 2021 | $415.00M | -2.1% |
| Q4 FY2020 | Dec 31, 2020 | $378.00M | -45.5% |
| Q3 FY2020 | Sep 30, 2020 | $437.00M | -39.8% |
| Q2 FY2020 | Jun 30, 2020 | $347.00M | -45.8% |
| Q1 FY2020 | Mar 31, 2020 | $424.00M | -45.7% |
| Q4 FY2019 | Dec 31, 2019 | $693.00M | +5.5% |
| Q3 FY2019 | Sep 30, 2019 | $726.00M | +5.8% |
| Q2 FY2019 | Jun 30, 2019 | $640.00M | -2.7% |
| Q1 FY2019 | Mar 31, 2019 | $781.00M | -8.2% |
| Q4 FY2018 | Dec 31, 2018 | $657.00M | -12.3% |
| Q3 FY2018 | Sep 30, 2018 | $686.00M | -6.8% |
| Q2 FY2018 | Jun 30, 2018 | $658.00M | 0.0% |
| Q1 FY2018 | Mar 31, 2018 | $851.00M | +12.3% |
| Q4 FY2017 | Dec 31, 2017 | $749.00M | +4.9% |
| Q3 FY2017 | Sep 30, 2017 | $736.00M | -6.4% |
| Q2 FY2017 | Jun 30, 2017 | $658.00M | -9.2% |
| Q1 FY2017 | Mar 31, 2017 | $758.00M | -7.9% |
| Q4 FY2016 | Dec 31, 2016 | $714.00M | – |
| Q3 FY2016 | Sep 30, 2016 | $786.00M | – |
| Q2 FY2016 | Jun 30, 2016 | $725.00M | – |
| Q1 FY2016 | Mar 31, 2016 | $823.00M | – |