PPL Corporation (PPL) Income Tax Expense
The tax expense for PPL Corporation (PPL) is $291.00 Million with a year-over-year change of +27.63%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
PPL Tax Expense Chart
Current Tax Expense
$291.00M
$291.00 Million
Year-over-Year Change
+27.63%
vs. $228.00M prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $291.00M | +$63.00M | +27.63% |
| 2024 | $228.00M | +$44.00M | +23.91% |
| 2023 | $184.00M | $-17.00M | -8.46% |
| 2022 | $201.00M | $-302.00M | -60.04% |
| 2021 | $503.00M | +$189.00M | +60.19% |
| 2020 | $314.00M | +$131.00M | +71.58% |
| 2019 | $183.00M | $-275.00M | -60.04% |
| 2018 | $458.00M | $-326.00M | -41.58% |
| 2017 | $784.00M | +$136.00M | +20.99% |
| 2016 | $648.00M | +$183.00M | +39.35% |
| 2015 | $465.00M | $-227.00M | -32.80% |
| 2014 | $692.00M | +$332.00M | +92.22% |
| 2013 | $360.00M | $-158.00M | -30.50% |
| 2012 | $518.00M | $-173.00M | -25.04% |
| 2011 | $691.00M | +$428.00M | +162.74% |
| 2010 | $263.00M | +$158.00M | +150.48% |
| 2009 | $105.00M | $-325.00M | -75.58% |
| 2008 | $430.00M | +$160.00M | +59.26% |
| 2007 | $270.00M | +$2.00M | +0.75% |
| 2006 | $268.00M | +$140.00M | +109.38% |
| 2005 | $128.00M | $-73.00M | -36.32% |
| 2004 | $201.00M | +$22.00M | +12.29% |
| 2003 | $179.00M | $-31.00M | -14.76% |
| 2002 | $210.00M | $-51.00M | -19.54% |
| 2001 | $261.00M | $-33.00M | -11.22% |
| 2000 | $294.00M | +$120.00M | +68.97% |
| 1999 | $174.00M | $-85.00M | -32.82% |
| 1998 | $259.00M | +$22.00M | +9.28% |
| 1997 | $237.00M | $-16.00M | -6.32% |
| 1996 | $253.00M | — | — |
About PPL Corporation
PPL Corporation functions as a utility holding company, primarily engaged in the distribution of electricity and natural gas throughout both the United States and the United Kingdom. Its operational footprint in the U.S. is segmented into two regulated divisions: one in Kentucky and another in Pennsylvania. In Kentucky, the company supplies electricity to approximately 429,000 customers and natural gas to about 333,000 in the Louisville region and surrounding areas. It also serves an additional 538,000 electric customers across central, southeastern, and western parts of the state. Furthermore, PPL reaches around 28,000 electric customers in five counties located in southwestern Virginia. Its most significant customer base is in Pennsylvania, where it provides electric services to roughly 1.4 million individuals. Beyond mere delivery, PPL is also involved in electricity generation within Kentucky, utilizing a mix of sources including coal, natural gas, hydro, and solar power. The company also sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was established in 1920 and its main office is situated in Allentown, Pennsylvania.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Vincent Sorgi