EBITDA for PPL (PPL)
According to PPL's latest reported financial statements, the company's current EBITDA (TTM) is $3.68B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PPL
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.68B
YoY change
+14.7%
5Y CAGR
+6.7%
Peak year (2016)
$4.44B
Cumulative EBITDA
$105.33B
EBITDA history chart for PPL (PPL) from 1985 to 2025
EBITDA history table for PPL (PPL) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.68B | +14.7% | ||
| 2024 | $3.21B | +9.8% | ||
| 2023 | $2.92B | +9.9% | ||
| 2022 | $2.66B | +3.9% | ||
| 2021 | $2.56B | -4.0% | ||
| 2020 | $2.67B | +4.8% | ||
| 2019 | $2.55B | -42.4% | ||
| 2018 | $4.42B | +12.8% | ||
| 2017 | $3.92B | -11.8% | ||
| 2016 | $4.44B | +14.5% | ||
| 2015 | $3.88B | -2.0% | ||
| 2014 | $3.96B | +16.0% | ||
| 2013 | $3.42B | -19.6% | ||
| 2012 | $4.25B | -1.6% | ||
| 2011 | $4.31B | +65.2% | ||
| 2010 | $2.61B | +46.3% | ||
| 2009 | $1.78B | -21.5% | ||
| 2008 | $2.27B | -11.7% | ||
| 2007 | $2.57B | +13.7% | ||
| 2006 | $2.26B | +13.5% | ||
| 2005 | $1.99B | -4.9% | ||
| 2004 | $2.10B | +4.7% | ||
| 2003 | $2.00B | +8.9% | ||
| 2002 | $1.84B | +34.5% | ||
| 2001 | $1.37B | -13.3% | ||
| 2000 | $1.58B | +45.4% | ||
| 1999 | $1.08B | -17.6% | ||
| 1998 | $1.32B | +5.0% | ||
| 1997 | $1.25B | +0.6% | ||
| 1996 | $1.25B | +1.4% | ||
| 1995 | $1.23B | -54.9% | ||
| 1994 | $2.73B | -0.1% | ||
| 1993 | $2.73B | -0.6% | ||
| 1992 | $2.74B | +7.2% | ||
| 1991 | $2.56B | +7.2% | ||
| 1990 | $2.39B | +1.4% | ||
| 1989 | $2.36B | +6.4% | ||
| 1988 | $2.21B | +6.0% | ||
| 1987 | $2.09B | -4.6% | ||
| 1986 | $2.19B | +10.7% | ||
| 1985 | $1.98B | — |
EBITDA values are taken from PPL's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
PPL (PPL) most recent annual EBITDA stands at $3.68B (2025) – grew 14.7% year-over-year.
PPL EBITDA compound annual growth for the 2020–2025 (5 years) window is +6.7%, sustaining 4 straight years of year-over-year growth.
PPL EBITDA peaked at $4.44B in 2016; the latest annual figure is $3.68B in 2025 (17.1% below peak).
2016 marks the peak EBITDA at $4.44B, with the historical low of $1.08B recorded in 1999.
Within Utilities, PPL (PPL) ranks 8th among 8 peers we track. The peer median for EBITDA is $8.40B.
PPL EBITDA by Year
PPL EBITDA 2025: $3.68B
PPL EBITDA in 2025 was $3.68B, grew 14.7% from 2024.
PPL EBITDA 2024: $3.21B
PPL EBITDA in 2024 was $3.21B, grew 9.8% from 2023.
PPL EBITDA 2023: $2.92B
PPL EBITDA in 2023 was $2.92B, grew 9.9% from 2022.
PPL EBITDA 2022: $2.66B
PPL EBITDA in 2022 was $2.66B, edged up 3.9% from 2021.
PPL EBITDA 2021: $2.56B
PPL EBITDA in 2021 was $2.56B.
See more financial history for PPL (PPL).
Sector peers — EBITDA
Companies in the same sector as PPL, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $16.16B | Utilities |
| Duke Energy Corporation (DUK) | $15.67B | Utilities |
| The Southern Company (SO) | $14.33B | Utilities |
| American Electric Power Company, Inc. (AEP) | $8.79B | Utilities |
| Dominion Energy, Inc. (D) | $8.02B | Utilities |
| Sempra (SRE) | $6.87B | Utilities |
| Constellation Energy Corporation (CEG) | $5.01B | Utilities |
| GE Vernova Inc. (GEV) | $3.68B | Utilities |
Frequently asked questions
What is PPL's EBITDA?
- Latest reported EBITDA for PPL (PPL) is $3.68B (period ending December 31, 2025).
How has PPL EBITDA changed year-over-year?
- PPL (PPL) EBITDA changed +14.7% year-over-year on the latest annual filing.
What is the long-term growth rate of PPL EBITDA?
- PPL (PPL) EBITDA compound annual growth rate is +6.7% over the most recent 5 years available.
When did PPL EBITDA hit its highest annual value?
- PPL EBITDA reached its highest annual value of $4.44B in 2016.
What was PPL EBITDA in 2024?
- PPL (PPL) EBITDA in 2024 was $3.21B.
What was PPL EBITDA in 2025?
- PPL (PPL) EBITDA in 2025 was $3.68B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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