What is the current annual operating margin of PPL?

As of today, PPL annual operating margin is 23.65%

What is 1-year change in PPL annual operating margin?

PPL annual operating margin is up +12.40% year-over-year

What is 3-year change in PPL annual operating margin?

PPL annual operating margin is up +34.15% over the past 3 years

How far is PPL annual operating margin from its all-time high?

PPL annual operating margin is currently -45.43% below its historical high of 43.34% set on December 31, 1988

How does PPL annual operating margin rank versus sector peers?

PPL annual operating margin is higher than 71.56% of companies in Utilities sector

When is PPL next annual earnings release?

As of today, the next annual earnings release for PPL has not been scheduled

What is the current quarterly operating margin of PPL?

As of today, PPL quarterly operating margin is 26.59%

What is PPL quarterly operating margin most recent change?

PPL quarterly operating margin was up +26.50% on March 31, 2026

What is 1-year change in PPL quarterly operating margin?

PPL quarterly operating margin is down -2.53% year-over-year

How far is PPL quarterly operating margin from its all-time high?

PPL quarterly operating margin is currently -36.10% below its historical high of 41.61% set on September 30, 2016

How does PPL quarterly operating margin rank versus sector peers?

PPL quarterly operating margin is higher than 72.38% of companies in Utilities sector

When is PPL next earnings release?

The next earnings release for PPL is on August 7, 2026

PPL Corporation (PPL) Operating Margin History & Chart

Annual Operating Margin

23.65%2.61%+12.40%

December 31, 2025

Summary

Current Value: As of today, PPL annual operating margin is 23.65%, up +12.40% on December 31, 2025
Historical Performance: PPL annual operating margin is up +34.15% over the past 3 years, down -18.36% over the past 5 years
All-Time High Comparison: PPL annual operating margin is currently -45.43% below its historical high of 43.34% set on December 31, 1988
3-Year Low Comparison: PPL annual operating margin is +34.15% above its 3-year low of 17.63% reached on an earlier date
Sector Comparison: PPL annual operating margin is higher than 71.56% of companies in Utilities sector

Operating Margin Chart

beforeafter

Performance

PPL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	23.65%	+12.4%	+34.1%	-18.4%	+253.5%
Quarterly Operating Margin	Mar 31, 26	26.59%	-2.5%	+28.9%	-4.0%	+44.8%
Price	Aug 4, 26	$35.28	-2.5%	+35.3%	+24.1%	+42.8%
PE Ratio	Aug 4, 26	21.69	-20.3%	-19.0%	-64.4%	+111.6%
Annual Revenue	Dec 31, 25	$9.04B	+6.8%	+14.4%	+65.2%	+101.7%
Annual Operating Profit	Dec 31, 25	$2.14B	+20.1%	+53.5%	+34.8%	+612.7%
Annual Gross Margin	Dec 31, 25	28.32%	+11.2%	+29.7%	-12.2%	+136.0%
Annual Net Margin	Dec 31, 25	13.04%	+24.6%	+44.6%	+11.7%	-39.9%

Operating Margin Highs

PPL Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	23.65%	Dec 31, 25	at high
5Y	28.97%	N/A	-18.4%
All	43.34%	Dec 31, 88	-45.4%

Operating Margin Lows

PPL Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	17.63%	N/A	+34.1%
5Y	17.63%	Dec 31, 22	+34.1%
All	6.69%	Dec 31, 10	+253.5%

Operating Margin History

Year	Value	Change
2025	23.65%	+12.4%
2024	21.04%	+6.0%
2023	19.84%	+12.5%
2022	17.63%	-28.4%
2021	24.62%	-15.0%
2020	28.97%	-20.8%
2019	36.56%	-0.2%
2018	36.63%	-6.0%
2017	38.96%	-3.9%
2016	40.55%	+9.0%
2015	37.19%	+1.6%
2014	36.61%	+54.8%
2013	23.65%	+28.0%
2012	18.48%	+25.2%
2011	14.76%	+120.6%
2010	6.69%	-55.2%
2009	14.94%	-12.7%
2008	17.12%	-33.4%
2007	25.72%	+12.9%
2006	22.79%	+4.4%
2005	21.83%	-9.6%
2004	24.16%	+0.2%
2003	24.11%	-10.6%

Year	Value	Change
2002	26.97%	+2.5%
2001	26.30%	+24.3%
2000	21.15%	+11.3%
1999	19.00%	-13.0%
1998	21.84%	-11.0%
1997	24.54%	-11.7%
1996	27.80%	-0.6%
1995	27.97%	-4.1%
1994	29.18%	-0.3%
1993	29.26%	+0.1%
1992	29.22%	-6.5%
1991	31.24%	-5.1%
1990	32.93%	-6.0%
1989	35.05%	-19.1%
1988	43.34%	+10.1%
1987	39.37%	-1.2%
1986	39.84%	+2.3%
1985	38.94%	+2.7%
1984	37.93%	+17.8%
1983	32.20%	+26.4%
1982	25.47%	+6.7%
1981	23.86%	-5.8%
1980	25.34%	-

FAQ

What is the current annual operating margin of PPL?: As of today, PPL annual operating margin is 23.65%
What is 1-year change in PPL annual operating margin?: PPL annual operating margin is up +12.40% year-over-year
What is 3-year change in PPL annual operating margin?: PPL annual operating margin is up +34.15% over the past 3 years
How far is PPL annual operating margin from its all-time high?: PPL annual operating margin is currently -45.43% below its historical high of 43.34% set on December 31, 1988
How does PPL annual operating margin rank versus sector peers?: PPL annual operating margin is higher than 71.56% of companies in Utilities sector
When is PPL next annual earnings release?: As of today, the next annual earnings release for PPL has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

26.59%5.57%+26.50%

March 31, 2026

Summary

Current Value: As of today, PPL quarterly operating margin is 26.59%, up +26.50% on March 31, 2026
Historical Performance: PPL quarterly operating margin is down -2.53% year-over-year, up +28.95% over the past 3 years
All-Time High Comparison: PPL quarterly operating margin is currently -36.10% below its historical high of 41.61% set on September 30, 2016
3-Year Low Comparison: PPL quarterly operating margin is +56.87% above its 3-year low of 16.95% reached on an earlier date
Sector Comparison: PPL quarterly operating margin is higher than 72.38% of companies in Utilities sector

Performance

PPL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Mar 31, 26	26.59%	+26.5%	-2.5%	+28.9%	-4.0%
Annual Operating Margin	Dec 31, 25	23.65%	–	+12.4%	+34.1%	-18.4%
Price	Aug 4, 26	$35.28	-6.7%	-2.5%	+35.3%	+24.1%
PE Ratio	Aug 4, 26	21.69	-6.7%	-20.3%	-19.0%	-64.4%
Quarterly Revenue	Mar 31, 26	$2.78B	+22.0%	+10.8%	+14.9%	+85.3%
Quarterly Operating Profit	Mar 31, 26	$738.00M	+54.4%	+8.1%	+48.2%	+77.8%
Quarterly Gross Margin	Mar 31, 26	30.99%	+20.1%	-2.5%	+23.1%	-0.6%
Quarterly Net Margin	Mar 31, 26	16.25%	+38.9%	-1.5%	+38.2%	+19.9%

Quarterly Operating Margin Highs

PPL Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	26.59%	Mar 31, 26	at high
3Y	27.28%	Mar 31, 25	-2.5%
5Y	28.51%	Sep 30, 21	-6.7%
All	41.61%	Sep 30, 16	-36.1%

Quarterly Operating Margin Lows

PPL Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	20.05%	N/A	+32.6%
3Y	16.95%	N/A	+56.9%
5Y	13.80%	Jun 30, 22	+92.7%
All	-4.93%	Jun 30, 10	+639.4%

Quarterly Operating Margin History

Month	Value	Change
Mar 2026	26.59%	+26.5%
Dec 2025	21.02%	-17.6%
Sep 2025	25.50%	+27.2%
Jun 2025	20.05%	-26.5%
Mar 2025	27.28%	+56.2%
Dec 2024	17.46%	-16.9%
Sep 2024	21.01%	-0.9%
Jun 2024	21.21%	-12.9%
Mar 2024	24.35%	+24.2%
Dec 2023	19.60%	-9.2%
Sep 2023	21.59%	+27.4%
Jun 2023	16.95%	-17.8%
Mar 2023	20.62%	+23.9%
Dec 2022	16.64%	+4.1%
Sep 2022	15.98%	+15.8%
Jun 2022	13.80%	-45.8%
Mar 2022	25.48%	+22.9%
Dec 2021	20.74%	-27.3%
Sep 2021	28.51%	+36.0%
Jun 2021	20.96%	-24.3%
Mar 2021	27.70%	+0.5%
Dec 2020	27.57%	-11.7%
Sep 2020	31.21%	+12.3%
Jun 2020	27.79%	-5.6%
Mar 2020	29.44%	-17.0%
Dec 2019	35.47%	-5.6%
Sep 2019	37.56%	+5.8%
Jun 2019	35.50%	-5.5%
Mar 2019	37.57%	+10.9%
Dec 2018	33.88%	-7.6%
Sep 2018	36.65%	+2.9%
Jun 2018	35.61%	-11.0%
Mar 2018	40.03%	+36.7%
Dec 2017	29.28%	-26.6%
Sep 2017	39.89%	+4.6%
Jun 2017	38.14%	-6.5%
Mar 2017	40.80%	+4.7%
Dec 2016	38.97%	-6.3%
Sep 2016	41.61%	+2.4%
Jun 2016	40.62%	-0.7%
Mar 2016	40.92%	+16.5%
Dec 2015	35.11%	-4.1%
Sep 2015	36.63%	+1.1%
Jun 2015	36.22%	+9.2%
Mar 2015	33.16%	-7.8%
Dec 2014	35.97%	+36.9%
Sep 2014	26.28%	+11.0%
Jun 2014	23.68%	-29.3%
Mar 2014	33.51%	+32.7%
Dec 2013	25.25%	+18.7%
Sep 2013	21.28%	+11.4%
Jun 2013	19.10%	-27.3%
Mar 2013	26.28%	+21.9%
Dec 2012	21.55%	+36.7%
Sep 2012	15.76%	+3.8%
Jun 2012	15.18%	-28.2%
Mar 2012	21.13%	+18.9%
Dec 2011	17.77%	+75.2%
Sep 2011	10.14%	-22.5%
Jun 2011	13.08%	-28.8%
Mar 2011	18.37%	+86.3%
Dec 2010	9.86%	+300.8%
Sep 2010	-4.91%	+0.4%

Month	Value	Change
Jun 2010	-4.93%	-125.0%
Mar 2010	19.72%	+42.4%
Dec 2009	13.85%	-4.9%
Sep 2009	14.57%	+20.2%
Jun 2009	12.12%	-34.0%
Mar 2009	18.37%	+23.6%
Dec 2008	14.86%	+19.2%
Sep 2008	12.47%	-29.3%
Jun 2008	17.63%	-35.8%
Mar 2008	27.46%	+7.3%
Dec 2007	25.59%	-14.3%
Sep 2007	29.87%	+32.5%
Jun 2007	22.54%	-13.9%
Mar 2007	26.18%	+30.5%
Dec 2006	20.06%	-4.5%
Sep 2006	21.01%	-8.3%
Jun 2006	22.91%	-15.0%
Mar 2006	26.96%	+37.3%
Dec 2005	19.63%	-12.9%
Sep 2005	22.55%	+0.3%
Jun 2005	22.48%	+7.4%
Mar 2005	20.94%	-10.1%
Dec 2004	23.28%	-10.7%
Sep 2004	26.08%	+15.3%
Jun 2004	22.61%	-9.8%
Mar 2004	25.07%	-1.9%
Dec 2003	25.56%	+0.3%
Sep 2003	25.48%	+18.0%
Jun 2003	21.60%	-10.0%
Mar 2003	24.01%	+21.3%
Dec 2002	19.80%	-26.7%
Sep 2002	27.02%	+94.2%
Jun 2002	13.91%	-45.4%
Mar 2002	25.49%	+12.6%
Dec 2001	22.64%	-3.9%
Sep 2001	23.57%	+33.4%
Jun 2001	17.67%	-39.3%
Mar 2001	29.12%	+33.6%
Dec 2000	21.79%	+1.5%
Sep 2000	21.47%	+15.6%
Jun 2000	18.58%	-18.0%
Mar 2000	22.65%	+24.0%
Dec 1999	18.27%	+6.4%
Sep 1999	17.17%	+5.1%
Jun 1999	16.33%	-33.5%
Mar 1999	24.55%	+23.0%
Dec 1998	19.96%	-11.2%
Sep 1998	22.47%	+27.2%
Jun 1998	17.66%	-34.2%
Mar 1998	26.82%	-1.9%
Dec 1997	27.35%	+41.1%
Sep 1997	19.39%	-37.9%
Jun 1997	31.20%	-5.3%
Mar 1997	32.95%	+31.3%
Dec 1996	25.10%	-4.5%
Sep 1996	26.29%	-21.7%
Mar 1996	33.59%	+36.5%
Dec 1995	24.60%	-38.1%
Sep 1995	39.77%	+73.2%
Jun 1995	22.96%	-31.5%
Mar 1995	33.50%	-0.1%
Mar 1994	33.54%	-

FAQ

What is the current quarterly operating margin of PPL?: As of today, PPL quarterly operating margin is 26.59%
What is PPL quarterly operating margin most recent change?: PPL quarterly operating margin was up +26.50% on March 31, 2026
What is 1-year change in PPL quarterly operating margin?: PPL quarterly operating margin is down -2.53% year-over-year
How far is PPL quarterly operating margin from its all-time high?: PPL quarterly operating margin is currently -36.10% below its historical high of 41.61% set on September 30, 2016
How does PPL quarterly operating margin rank versus sector peers?: PPL quarterly operating margin is higher than 72.38% of companies in Utilities sector
When is PPL next earnings release?: The next earnings release for PPL is on August 7, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

PPL Official Website www.pplweb.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/922224/000092222426000008/0000922224-26-000008-index.htm
PPL Profile on Yahoo Finance finance.yahoo.com/quote/PPL
PPL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ppl