PPL financials
$32.58+1.46%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.04B | $8.46B | $8.31B | $7.90B | $5.78B | $5.47B | $5.60B | $7.79B | $7.45B | $7.52B |
| Gross profit | $6.29B | $6.00B | $5.74B | $7.90B | $4.32B | $4.21B | $4.17B | $6.24B | $6.76B | $6.81B |
| Gross margin | 69.6% | 70.9% | 69.0% | 100.0% | 74.7% | 76.9% | 74.4% | 80.2% | 90.8% | 90.6% |
| Operating income | $2.13B | $1.74B | $1.63B | $1.37B | $1.42B | $1.59B | $1.53B | $2.85B | $2.90B | $2.94B |
| Net income | $1.18B | $888.0M | $740.0M | $756.0M | -$1.48B | $1.47B | $1.75B | $1.83B | $1.13B | $1.90B |
| Net margin | 13.1% | 10.5% | 8.9% | 9.6% | −25.6% | 26.8% | 31.2% | 23.5% | 15.1% | 25.3% |
| Diluted EPS | $1.59 | $1.20 | $1.00 | $1.02 | $-1.93 | $1.91 | $2.37 | $2.58 | $1.64 | $2.79 |
| EBITDA | $3.54B | $3.10B | $2.96B | $2.61B | $2.54B | $2.67B | $2.53B | $4.02B | $4.01B | $3.94B |
| Operating cash flow | $2.63B | $2.34B | $1.76B | $1.73B | $2.27B | $2.75B | $2.43B | $2.82B | $2.46B | $2.89B |
| Free cash flow | -$1.40B | -$465.0M | -$632.0M | -$425.0M | $297.0M | $476.0M | $184.0M | -$417.0M | -$672.0M | -$30.0M |
| Diluted shares | 743.3M | 739.9M | 738.2M | 736.9M | 764.8M | 769.4M | 736.8M | 708.6M | 687.3M | 680.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.07B | $306.0M | $331.0M | $356.0M | $3.57B | $442.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $19.55B | $16.96B | $15.73B | $14.32B | $11.29B | $15.97B |
| Total assets | $45.24B | $41.07B | $39.24B | $37.84B | $33.22B | $48.12B |
| Total liabilities | $30.36B | $26.99B | $25.30B | $23.92B | $19.50B | $34.74B |
| Shareholders' equity | $14.88B | $14.08B | $13.93B | $13.92B | $13.72B | $13.37B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology