Ppl (PPL) Invested Capital (2009 - 2026)
Ppl (PPL) reported Invested Capital of $35.37 billion for Q2 2026, up 10.2% from $32.08 billion a year earlier and up 0.3% from the prior quarter.
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Analysis
Ppl (PPL) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Ppl posted Invested Capital of $34.23 billion, up 10.8% from FY2024.
- Invested Capital has increased for four consecutive years, with a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- By year, Invested Capital came in at $30.88 billion in FY2024 (+4.6%), $29.54 billion in FY2023 (+4.9%), $28.15 billion in FY2022 (+12.9%) and $24.93 billion in FY2021 (-14.7%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital since Q3 2020.
- Year over year, Invested Capital has now increased in each of the last 16 quarters, with growth averaging 7.9% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2022 (growth of 12.9%); the low point was Q3 2021 (a decline of 32.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $35.26 billion (Q1 2026), $34.23 billion (Q4 2025) and $33.4 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 176.56 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 133.48 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 146.72 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 113.40 Bn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 86.13 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 86.84 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 76.66 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 52.95 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 63.51 Bn |
| 10 | Ppl | 26.04 Bn | 22.30 Bn | - | 35.37 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.37 Bn |
| Mar 31, 2026 | 35.26 Bn |
| Dec 31, 2025 | 34.23 Bn |
| Sep 30, 2025 | 33.40 Bn |
| Jun 30, 2025 | 32.08 Bn |
| Mar 31, 2025 | 31.58 Bn |
| Dec 31, 2024 | 30.88 Bn |
| Sep 30, 2024 | 30.59 Bn |
| Jun 30, 2024 | 30.21 Bn |
| Mar 31, 2024 | 30.10 Bn |
| Dec 31, 2023 | 29.54 Bn |
| Sep 30, 2023 | 28.87 Bn |
| Jun 30, 2023 | 28.77 Bn |
| Mar 31, 2023 | 28.62 Bn |
| Dec 31, 2022 | 28.15 Bn |
| Sep 30, 2022 | 27.64 Bn |
| Jun 30, 2022 | 27.52 Bn |
| Mar 31, 2022 | 25.99 Bn |
| Dec 31, 2021 | 24.93 Bn |
| Sep 30, 2021 | 25.72 Bn |
API Access
Ppl Invested Capital 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=invested-capital&ticker=PPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=PPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();