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Gross Profit for PPL (PPL)

According to PPL's latest reported financial statements, the company's current gross profit (TTM) is $3.53B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PPL Corporation logo
PPL

PPL

TTM (last 4 quarters)

$3.53B

YoY change

+4.1%

5Y CAGR

+4.8%

Peak year (2006)

$5.37B

Cumulative gross profit

$108.86B

Gross Profit history chart for PPL (PPL) from 1985 to 2025

Gross Profit history table for PPL (PPL) from 1985 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$3.53B+4.1%
2024$3.39B+3.6%
2023$3.28B+13.5%
2022$2.89B+6.4%
2021$2.71B-2.7%
2020$2.79B+4.8%
2019$2.66B-37.5%
2018$4.26B+1.4%
2017$4.20B+0.9%
2016$4.16B+3.7%
2015$4.01B-2.3%
2014$4.11B+10.9%
2013$3.70B-17.1%
2012$4.46B+1.8%
2011$4.39B+64.9%
2010$2.66B-29.0%
2009$3.75B+24.1%
2008$3.02B-38.0%
2007$4.87B-9.2%
2006$5.37B+13.2%
2005$4.74B+15.2%
2004$4.12B+4.7%
2003$3.93B-1.2%
2002$3.98B+10.5%
2001$3.60B+11.8%
2000$3.22B+24.9%
1999$2.58B+15.5%
1998$2.23B+6.5%
1997$2.10B-0.6%
1996$2.11B+4.3%
1995$2.02B
1994$0
1993$0
1992$0
1991$0
1990$0
1989$0
1988$0
1987$0
1986$0
1985$0

Gross Profit 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

In 2025, PPL (PPL) gross profit totalled $3.53B – edged up 4.1% year-over-year.

Across 2020–2025 (5 years), PPL gross profit produced a CAGR of +4.8% – sustaining 4 straight years of year-over-year growth.

PPL gross profit plunged from $5.37B in 2006 to $3.53B in 2025, a 34.2% drawdown.

2006 marks the peak gross profit at $5.37B, with the historical low of $0 recorded in 1985.

PPL (PPL) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $8.45B.

PPL Gross Profit by Year

PPL Gross Profit 2025: $3.53B

PPL gross profit in 2025 was $3.53B, edged up 4.1% from 2024.

PPL Gross Profit 2024: $3.39B

PPL gross profit in 2024 was $3.39B, edged up 3.6% from 2023.

PPL Gross Profit 2023: $3.28B

PPL gross profit in 2023 was $3.28B, grew 13.5% from 2022.

PPL Gross Profit 2022: $2.89B

PPL gross profit in 2022 was $2.89B, grew 6.4% from 2021.

PPL Gross Profit 2021: $2.71B

PPL gross profit in 2021 was $2.71B.

See more financial history for PPL (PPL).

Sector peers — Gross Profit

Companies in the same sector as PPL, ranked by their latest gross profit.

CompanyGross ProfitSector
Constellation Energy Corporation (CEG)$19.36BUtilities
NextEra Energy, Inc. (NEE)$17.25BUtilities
Duke Energy Corporation (DUK)$10.17BUtilities
The Southern Company (SO)$8.81BUtilities
Dominion Energy, Inc. (D)$8.09BUtilities
GE Vernova Inc. (GEV)$7.54BUtilities
American Electric Power Company, Inc. (AEP)$6.93BUtilities
Sempra (SRE)$4.00BUtilities

Frequently asked questions

What is PPL's gross profit?

Latest reported gross profit for PPL (PPL) is $3.53B (period ending December 31, 2025).

How has PPL gross profit changed year-over-year?

PPL (PPL) gross profit changed +4.1% year-over-year on the latest annual filing.

What is the long-term growth rate of PPL gross profit?

PPL (PPL) gross profit compound annual growth rate is +4.8% over the most recent 5 years available.

When did PPL gross profit hit its highest annual value?

PPL gross profit reached its highest annual value of $5.37B in 2006.

What was PPL gross profit in 2024?

PPL (PPL) gross profit in 2024 was $3.39B.

What was PPL gross profit in 2025?

PPL (PPL) gross profit in 2025 was $3.53B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.