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
Currently viewingGross ProfitSwitch metric
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 year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 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.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
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.
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