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PPL PPL Operating margin

Operating margin at other companies

FirstEnergy logo
FirstEnergyFE
14.8%-3.2pp
Exelon logo
ExelonEXC
21%+1.0pp
EVR
EvergyEVRG
25.9%+0.4pp
Public Service Enterprise Group logo
Public Service Enterprise GroupPEG
25.5%+2.5pp
PG&E logo
PG&EPCG
19.4%+1.4pp
Entergy logo
EntergyETR
27.1%+8.4pp

Other financials

Income statement

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Revenue$2.8B+10.8%
Operating income$745.0M+9.9%
Net income$452.0M+9.2%

Balance sheet

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Cash & equivalents$1.3B+268%
Total debt$19.2B+15.1%
Total equity$15.0B+5.1%
Total assets$46.3B+10.8%

Cash flow

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Operating cash flow$557.0M+8.6%
CapEx$1.1B+33.4%
Free cash flow-$501.0M-78.9%

Valuation

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Market cap$26.58B+7.7%
Enterprise value$44.57B+8.5%
P/E21.8×-3.0×
P/S2.9×0.0×

Profitability

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Net margin13.1%+1.6pp

Returns & leverage

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Return on equity8.3%+1.3pp
Debt / equity1.3×+0.1×
Current ratio+0.2×

Where this comes from

Calculated from PPL’s reported figures.

Based on trailing twelve months.

The official record: PPL’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPL's operating margin?
PPL (PPL) reported operating margin of 23.6% in Q1 2026.
How has PPL's operating margin changed year-over-year?
PPL's operating margin increased by 9.1% year-over-year, from 21.6% to 23.6%.
What is the long-term trend for PPL's operating margin?
Over 4 years (2021 to 2025), PPL's operating margin has grown at a -4.3% compound annual growth rate (CAGR), from 106.5% to 89.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.