Ppl (PPL) Capital Expenditures (2009 - 2026)
Ppl's Capital Expenditures came in at $1.28 billion for Q2 2026, up 37.7% from $930 million a year earlier and up 21.1% from the prior quarter.
Ppl (PPL) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ppl reported Capital Expenditures of $4.65 billion, up 42.4% year-over-year; for FY2025, it was $4.03 billion, up 43.7% from FY2024.
- Capital Expenditures has increased in each of the last four years, with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $2.81 billion in FY2024 (+17.4%), $2.39 billion in FY2023 (+10.9%), $2.16 billion in FY2022 (+9.2%) and $1.97 billion in FY2021 (-13.1%).
- The Q2 2026 figure represents the highest quarterly Capital Expenditures in data going back to Q1 2009.
- Year-over-year, Capital Expenditures has increased for 17 consecutive quarters, with growth averaging 35.4% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q3 2025 (growth of 68.6%), and the weakest in Q4 2021 (a decline of 11.6%).
- Business Quant data shows PPL's Capital Expenditures at $1.06 billion (Q1 2026), $1.16 billion (Q4 2025) and $1.15 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 2.73 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 3.70 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 4.09 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 2.78 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 2.78 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 2.23 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 2.78 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 2.95 Bn |
| 10 | Ppl | 26.04 Bn | 22.30 Bn | - | 1.28 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.28 Bn |
| Mar 31, 2026 | 1.06 Bn |
| Dec 31, 2025 | 1.16 Bn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 930.00 Mn |
| Mar 31, 2025 | 793.00 Mn |
| Dec 31, 2024 | 860.00 Mn |
| Sep 30, 2024 | 679.00 Mn |
| Jun 30, 2024 | 670.00 Mn |
| Mar 31, 2024 | 596.00 Mn |
| Dec 31, 2023 | 649.00 Mn |
| Sep 30, 2023 | 651.00 Mn |
| Jun 30, 2023 | 591.00 Mn |
| Mar 31, 2023 | 499.00 Mn |
| Dec 31, 2022 | 640.00 Mn |
| Sep 30, 2022 | 506.00 Mn |
| Jun 30, 2022 | 582.00 Mn |
| Mar 31, 2022 | 427.00 Mn |
| Dec 31, 2021 | 513.00 Mn |
| Sep 30, 2021 | 491.00 Mn |
Ppl Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "PPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();