Shares Outstanding for PPL (PPL)
According to PPL's latest reported financial statements, the company's latest reported diluted shares outstanding is 745.14M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PPL
Currently viewingShares OutstandingSwitch metric
Latest period
745.14M
YoY change
+0.7%
5Y CAGR
-0.6%
Peak year (2020)
769.38M
Latest annual
745.14M
Shares Outstanding history chart for PPL (PPL) from 1985 to 2025
Shares Outstanding history table for PPL (PPL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 745.14M | +0.7% | ||
| 2024 | 739.85M | +0.2% | ||
| 2023 | 738.17M | +0.2% | ||
| 2022 | 736.90M | -3.7% | ||
| 2021 | 764.82M | -0.6% | ||
| 2020 | 769.38M | +4.4% | ||
| 2019 | 736.75M | +4.0% | ||
| 2018 | 708.62M | +3.1% | ||
| 2017 | 687.33M | +1.0% | ||
| 2016 | 680.45M | +1.2% | ||
| 2015 | 672.59M | +1.0% | ||
| 2014 | 665.97M | +0.4% | ||
| 2013 | 663.07M | +14.0% | ||
| 2012 | 581.63M | +5.6% | ||
| 2011 | 550.95M | +27.7% | ||
| 2010 | 431.57M | +14.7% | ||
| 2009 | 376.41M | +0.4% | ||
| 2008 | 374.90M | -2.5% | ||
| 2007 | 384.48M | +5.9% | ||
| 2006 | 362.95M | -11.4% | ||
| 2005 | 409.70M | +10.1% | ||
| 2004 | 372.19M | +6.1% | ||
| 2003 | 350.80M | +14.7% | ||
| 2002 | 305.88M | +4.2% | ||
| 2001 | 293.44M | +1.3% | ||
| 2000 | 289.53M | -4.8% | ||
| 1999 | 304.23M | -8.9% | ||
| 1998 | 334.01M | +1.6% | ||
| 1997 | 328.89M | +2.5% | ||
| 1996 | 320.98M | +2.0% | ||
| 1995 | 314.83M | +2.8% | ||
| 1994 | 306.24M | +0.9% | ||
| 1993 | 303.57M | +0.1% | ||
| 1992 | 303.17M | +0.3% | ||
| 1991 | 302.19M | +0.5% | ||
| 1990 | 300.81M | +0.1% | ||
| 1989 | 300.49M | +0.4% | ||
| 1988 | 299.25M | +0.1% | ||
| 1987 | 298.92M | +0.3% | ||
| 1986 | 298.06M | +0.2% | ||
| 1985 | 297.46M | — |
Shares Outstanding 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
As of the 2025 fiscal year, PPL (PPL) reported diluted shares outstanding of 745.14M – edged up 0.7% year-over-year.
PPL diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -0.6%, sustaining 3 straight years of year-over-year growth.
PPL diluted shares outstanding edged down from 769.38M in 2020 to 745.14M in 2025, a 3.2% drawdown.
Across the available history, diluted shares outstanding reached its high of 769.38M in 2020 and its low of 289.53M in 2000.
Among 8 Utilities peers, PPL (PPL) ranks 5th; the peer median for diluted shares outstanding is 714.85M.
PPL Shares Outstanding by Year
PPL Shares Outstanding 2025: 745.14M
PPL diluted shares outstanding in 2025 was 745.14M, edged up 0.7% from 2024.
PPL Shares Outstanding 2024: 739.85M
PPL diluted shares outstanding in 2024 was 739.85M, edged up 0.2% from 2023.
PPL Shares Outstanding 2023: 738.17M
PPL diluted shares outstanding in 2023 was 738.17M, edged up 0.2% from 2022.
PPL Shares Outstanding 2022: 736.90M
PPL diluted shares outstanding in 2022 was 736.90M, edged down 3.7% below 2021.
PPL Shares Outstanding 2021: 764.82M
PPL diluted shares outstanding in 2021 was 764.82M.
See more financial history for PPL (PPL).
Sector peers — Shares Outstanding
Companies in the same sector as PPL, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is PPL's diluted shares outstanding?
- Latest reported diluted shares outstanding for PPL (PPL) is 745.14M (period ending December 31, 2025).
How has PPL diluted shares outstanding changed year-over-year?
- PPL (PPL) diluted shares outstanding changed +0.7% year-over-year on the latest annual filing.
What is the long-term growth rate of PPL diluted shares outstanding?
- PPL (PPL) diluted shares outstanding compound annual growth rate is -0.6% over the most recent 5 years available.
When did PPL diluted shares outstanding hit its highest annual value?
- PPL diluted shares outstanding reached its highest annual value of 769.38M in 2020.
What was PPL diluted shares outstanding in 2024?
- PPL (PPL) diluted shares outstanding in 2024 was 739.85M.
What was PPL diluted shares outstanding in 2025?
- PPL (PPL) diluted shares outstanding in 2025 was 745.14M.
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.