Market Cap for PPL (PPL)
According to PPL's latest reported financial statements, the company's latest reported market cap is $26.09B USD. 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 (reported ). Chart and table below cover the full reported history back to .
PPL
Currently viewingMarket CapSwitch metric
Latest period
$26.09B
YoY change
+10.4%
5Y CAGR
+4.6%
Peak year (2026)
$28.81B
Latest annual
$28.81B
Market Cap history chart for PPL (PPL) from 1985 to 2026
Market Cap history table for PPL (PPL) from 1985 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $28.81B | +10.4% | ||
| 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 (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
2026's annual market cap for PPL (PPL) came in at $28.81B – grew 10.4% year-over-year.
PPL market cap has grown for 3 consecutive years, with a +4.6% compound annual growth rate over 2021–2026 (5 years).
The dataset's maximum market cap sits at $28.81B (2026); the minimum reading of $1.98B dates to 1985.
Among 8 Utilities peers, PPL (PPL) ranks 9th; the peer median for market cap is $97.46B.
PPL Market Cap by Year
PPL Market Cap 2026: $28.81B
PPL market cap in 2026 was $28.81B, grew 10.4% from 2025. This figure represents the highest annual value in the available history.
PPL Market Cap 2025: $26.09B
PPL market cap in 2025 was $26.09B, grew 8.7% from 2024.
PPL Market Cap 2024: $24.02B
PPL market cap in 2024 was $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 — Market Cap
Companies in the same sector as PPL, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| GE Vernova Inc. (GEV) | $292.62B | Utilities |
| NextEra Energy, Inc. (NEE) | $201.26B | Utilities |
| The Southern Company (SO) | $106.43B | Utilities |
| Duke Energy Corporation (DUK) | $99.46B | Utilities |
| Constellation Energy Corporation (CEG) | $95.47B | Utilities |
| American Electric Power Company, Inc. (AEP) | $73.70B | Utilities |
| Sempra (SRE) | $60.69B | Utilities |
| Dominion Energy, Inc. (D) | $55.28B | Utilities |
Frequently asked questions
What is PPL's market cap?
- Latest reported market cap for PPL (PPL) is $26.09B (period ending December 31, 2025).
How has PPL market cap changed year-over-year?
- PPL (PPL) market cap changed +10.4% year-over-year on the latest annual filing.
What is the long-term growth rate of PPL market cap?
- PPL (PPL) market cap compound annual growth rate is +4.6% over the most recent 5 years available.
When did PPL market cap hit its highest annual value?
- PPL market cap reached its highest annual value of $28.81B in 2026.
What was PPL market cap in 2025?
- PPL (PPL) market cap in 2025 was $26.09B.
What was PPL market cap in 2026?
- PPL (PPL) market cap in 2026 was $28.81B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
PPL Overview
Company profile, financial tools, and key metrics
PPL Revenue Counter
Earns $286.72 every second. See per minute, hour, and day.
PPL Earnings Counter
Earns $37.45 per second net profit. See per minute, hour, and day.
PPL Economic Scale
Exceeds New Caledonia's GDP. Compare with world economies.
PPL What If Invested
What if you had invested $1,000? See historical returns from any date.
PPL How It Makes Money
Discover visual breakdown of $9.04B in revenue — where it comes from and where it goes.
PPL Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PPL Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PPL Daily Price Character
Steady · 45.8% historical win rate (green days). Streaks & record days.
PPL Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
PPL Stock Split History
3 splits on record. Dates, ratios, and cumulative multiple.
PPL Dividend Profile
Yield: 2.85%. Safety: 3/8. See full history.
PPL Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PPL Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.