What is PPL's market cap?

PPL (PPL) has a market capitalization of $27.39B as of June 15, 2026. Market cap is the total market value of the company's outstanding shares (share price × shares outstanding), shown here in US dollars (USD).

How is PPL's market cap calculated, and what currency is it in?

Market capitalization is calculated by multiplying PPL's share price by its total shares outstanding. Although PPL reports its financial statements in USD, market cap on this page is shown in US dollars (USD) for comparability with other companies.

What is the highest market cap PPL has reached?

PPL (PPL) reached its all-time high market cap of $29.66B on April 9, 2026, based on daily closing values in our history.

What is the lowest market cap PPL has reached?

PPL (PPL) recorded its all-time low market cap of $3.64B on July 23, 2002 in the available daily history.

Is PPL's market cap above or below its 5-year average?

At $27.39B, PPL's market cap is currently above its five-year average of $22.67B.

What was PPL's market cap in 2025?

PPL (PPL) ended 2025 with a market cap of $26.09B.

What was PPL's market cap in 2026?

PPL (PPL) ended 2026 with a market cap of $27.39B.

PPL (PPL) Market Cap History

Current

$27.39B

As of Jun 15, 2026

5-Year Average

$22.67B

All-Time High

$29.66B

Apr 9, 2026

All-Time Low

$3.64B

Jul 23, 2002

Market cap daily chart for PPL (PPL)

Jun 16, 2021 – Jun 15, 2026 · 1,255 trading days

Market Cap growth chart for PPL (PPL) from 1985 to 2026

Latest: +4.9%

Market Cap history table for PPL (PPL) from 1985 to 2026


2026	$27.39B	+4.9%	+$1.29B	Jun 15, 2026	May 8, 2026
2025	$26.09B	+8.7%	+$2.08B	Dec 31, 2025	Feb 20, 2026
2024	$24.02B	+20.1%	+$4.01B	Dec 31, 2024	Feb 13, 2025
2023	$20.00B	-7.1%	−$1.53B	Dec 31, 2023	Feb 16, 2024
2022	$21.53B	-6.3%	−$1.46B	Dec 31, 2022	Feb 17, 2023
2021	$22.99B	+6.0%	+$1.29B	Dec 31, 2021	Feb 18, 2022
2020	$21.70B	-17.9%	−$4.74B	Dec 31, 2020	Feb 18, 2021
2019	$26.43B	+31.7%	+$6.36B	Dec 31, 2019	Feb 14, 2020
2018	$20.08B	-5.6%	−$1.20B	Dec 31, 2018	Feb 14, 2019
2017	$21.27B	-8.2%	−$1.90B	Dec 31, 2017	Feb 22, 2018
2016	$23.17B	+0.9%	+$213.83M	Dec 31, 2016	Feb 17, 2017
2015	$22.96B	+2.3%	+$505.41M	Dec 31, 2015	Feb 19, 2016
2014	$22.45B	+21.3%	+$3.94B	Dec 31, 2014	Feb 23, 2015
2013	$18.51B	+19.8%	+$3.06B	Dec 31, 2013	Feb 24, 2014
2012	$15.45B	+2.7%	+$412.81M	Dec 31, 2012	Feb 28, 2013
2011	$15.04B	+42.7%	+$4.50B	Dec 31, 2011	Feb 28, 2012
2010	$10.54B	-6.6%	−$745.74M	Dec 31, 2010	Feb 28, 2011
2009	$11.28B	+5.7%	+$607.47M	Dec 31, 2009	Feb 26, 2010
2008	$10.68B	-42.5%	−$7.90B	Dec 31, 2008	Feb 27, 2009
2007	$18.58B	+53.9%	+$6.51B	Dec 31, 2007	Feb 29, 2008
2006	$12.07B	+8.0%	+$895.06M	Dec 31, 2006	Feb 28, 2007
2005	$11.18B	+21.5%	+$1.98B	Dec 31, 2005	Mar 3, 2006
2004	$9.20B	+29.2%	+$2.08B	Dec 31, 2004	Mar 1, 2005
2003	$7.12B	+44.7%	+$2.20B	Dec 31, 2003	Mar 1, 2004
2002	$4.92B	+3.7%	+$176.68M	Dec 31, 2002	Mar 3, 2003
2001	$4.74B	-21.8%	−$1.32B	Dec 31, 2001	Mar 1, 2002
2000	$6.07B	+88.0%	+$2.84B	Dec 31, 2000	Mar 1, 2001
1999	$3.23B	-25.3%	−$1.09B	Dec 31, 1999	Jun 28, 2000
1998	$4.32B	+18.2%	+$664.80M	Dec 31, 1998	Mar 3, 1999
1997	$3.65B	+6.7%	+$229.15M	Dec 31, 1997	Mar 3, 1998
1996	$3.42B	-6.2%	−$227.21M	Dec 31, 1996	Feb 28, 1997
1995	$3.65B	+35.4%	+$954.04M	Dec 31, 1995	Mar 1, 1996
1994	$2.70B	-29.1%	−$1.11B	Dec 31, 1994	Dec 31, 1994
1993	$3.80B	-0.7%	−$28.25M	Dec 31, 1993	Dec 31, 1993
1992	$3.83B	+3.9%	+$142.32M	Dec 31, 1992	Dec 31, 1992
1991	$3.69B	+20.8%	+$636.53M	Dec 31, 1991	Dec 31, 1991
1990	$3.05B	+2.1%	+$63.30M	Dec 31, 1990	Dec 31, 1990
1989	$2.99B	+19.2%	+$482.18M	Dec 31, 1989	Dec 31, 1989
1988	$2.51B	+9.5%	+$218.03M	Dec 31, 1988	Dec 31, 1988
1987	$2.29B	-9.3%	−$234.91M	Dec 31, 1987	Dec 31, 1987
1986	$2.52B	+27.2%	+$540.53M	Dec 31, 1986	Dec 31, 1986
1985	$1.98B	—	—	Dec 31, 1985	Dec 31, 1985

2026$27.39B+4.9%
2025$26.09B+8.7%
2024$24.02B+20.1%
2023$20.00B-7.1%
2022$21.53B-6.3%
2021$22.99B+6.0%
2020$21.70B-17.9%
2019$26.43B+31.7%
2018$20.08B-5.6%
2017$21.27B-8.2%
2016$23.17B+0.9%
2015$22.96B+2.3%
2014$22.45B+21.3%
2013$18.51B+19.8%
2012$15.45B+2.7%
2011$15.04B+42.7%
2010$10.54B-6.6%
2009$11.28B+5.7%
2008$10.68B-42.5%
2007$18.58B+53.9%
2006$12.07B+8.0%
2005$11.18B+21.5%
2004$9.20B+29.2%
2003$7.12B+44.7%
2002$4.92B+3.7%
2001$4.74B-21.8%
2000$6.07B+88.0%
1999$3.23B-25.3%
1998$4.32B+18.2%
1997$3.65B+6.7%
1996$3.42B-6.2%
1995$3.65B+35.4%
1994$2.70B-29.1%
1993$3.80B-0.7%
1992$3.83B+3.9%
1991$3.69B+20.8%
1990$3.05B+2.1%
1989$2.99B+19.2%
1988$2.51B+9.5%
1987$2.29B-9.3%
1986$2.52B+27.2%
1985$1.98B—

Market Cap values are taken from PPL's reported income statements (share counts) and end-of-day prices (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Market Cap at PPL (PPL)

According to PPL's latest reported financial statements, the company's latest reported market cap is $28.92B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).

Headline figure above is from the reporting period ending March 31, 2026 (reported May 8, 2026). Chart and table below cover the full reported history back to 1985.

2026's annual market cap for PPL (PPL) came in at $27.39B – edged up 4.9% year-over-year.

PPL market cap has grown for 3 consecutive years, with a +3.6% compound annual growth rate over 2021–2026 (5 years).

The record annual market cap stands at $27.39B, reached in 2026; the historical low of $1.98B was recorded in 1985.

PPL Market Cap by Year

PPL Market Cap 2026: $27.39B

2026's market cap for PPL came in at $27.39B, edged up 4.9% from 2025. This figure represents the highest annual value in the available history.

PPL Market Cap 2025: $26.09B

PPL posted market cap of $26.09B in 2025, grew 8.7% from 2024.

PPL Market Cap 2024: $24.02B

In 2024, PPL reported market cap of $24.02B, grew 20.1% from 2023.

PPL Market Cap 2023: $20.00B

PPL market cap in 2023 was $20.00B, declined 7.1% below 2022.

PPL Market Cap 2022: $21.53B

PPL market cap in 2022 was $21.53B.

See more financial history for PPL (PPL).

Sector peers by Market Cap

Utilities peers of PPL (PPL), ranked by their latest market cap


GE Vernova (GEV)	$263.10B
NextEra Energy (NEE)	$179.59B
Southern Company (SO)	$105.76B
Duke Energy (DUK)	$97.67B
Constellation Energy (CEG)	$94.76B
American Electric Power Company (AEP)	$70.36B
Sempra (SRE)	$60.09B
Dominion Energy (D)	$59.94B

GE Vernova (GEV)
$263.10B
NextEra Energy (NEE)
$179.59B
Southern Company (SO)
$105.76B
Duke Energy (DUK)
$97.67B
Constellation Energy (CEG)
$94.76B
American Electric Power Company (AEP)
$70.36B
Sempra (SRE)
$60.09B
Dominion Energy (D)
$59.94B

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