Ppl annual capital expenditures (capex)
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Ppl Capital Expenditures (CapEx) Growth & History (PPL)
Ppl's capital expenditures (capex) was $4.03B for fiscal 2025.
View full Ppl company overviewPpl annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.03B | $1.23B | +43.67% |
| 2024 | 2024-12-31 | $2.81B | $415.0M | +17.36% |
| 2023 | 2023-12-31 | $2.39B | $235.0M | +10.90% |
| 2022 | 2022-12-31 | $2.15B | $182.0M | +9.22% |
| 2021 | 2021-12-31 | $1.97B | −$297.0M | −13.08% |
| 2020 | 2020-12-31 | $2.27B | $27.0M | +1.20% |
| 2019 | 2019-12-31 | $2.24B | −$995.0M | −30.73% |
| 2018 | 2018-12-31 | $3.24B | $105.0M | +3.35% |
| 2017 | 2017-12-31 | $3.13B | $213.0M | +7.29% |
| 2016 | 2016-12-31 | $2.92B | −$613.0M | −17.35% |
| 2015 | 2015-12-31 | $3.53B | −$141.0M | −3.84% |
| 2014 | 2014-12-31 | $3.67B | $45.0M | +1.24% |
| 2013 | 2013-12-31 | $3.63B | $524.0M | +16.88% |
| 2012 | 2012-12-31 | $3.10B | $618.0M | +24.85% |
| 2011 | 2011-12-31 | $2.49B | $890.0M | +55.73% |
| 2010 | 2010-12-31 | $1.60B | $372.0M | +30.37% |
| 2009 | 2009-12-31 | $1.23B | −$193.0M | −13.61% |
| 2008 | 2008-12-31 | $1.42B | −$239.0M | −14.42% |
| 2007 | 2007-12-31 | $1.66B | — | — |
Ppl quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.28B | $351.0M | +37.74% |
| Q1 2026 | 2026-03-31 | $1.06B | $265.0M | +33.42% |
| Q4 2025 | 2025-12-31 | $1.16B | $302.0M | +35.12% |
| Q3 2025 | 2025-09-30 | $1.15B | $466.0M | +68.63% |
| Q2 2025 | 2025-06-30 | $930.0M | $260.0M | +38.81% |
| Q1 2025 | 2025-03-31 | $793.0M | $197.0M | +33.05% |
| Q4 2024 | 2024-12-31 | $860.0M | $211.0M | +32.51% |
| Q3 2024 | 2024-09-30 | $679.0M | $28.0M | +4.30% |
| Q2 2024 | 2024-06-30 | $670.0M | $79.0M | +13.37% |
| Q1 2024 | 2024-03-31 | $596.0M | $97.0M | +19.44% |
| Q4 2023 | 2023-12-31 | $649.0M | $9.0M | +1.41% |
| Q3 2023 | 2023-09-30 | $651.0M | $145.0M | +28.66% |
| Q2 2023 | 2023-06-30 | $591.0M | $9.0M | +1.55% |
| Q1 2023 | 2023-03-31 | $499.0M | $72.0M | +16.86% |
| Q4 2022 | 2022-12-31 | $640.0M | $127.0M | +24.76% |
| Q3 2022 | 2022-09-30 | $506.0M | $15.0M | +3.05% |
| Q2 2022 | 2022-06-30 | $582.0M | $84.0M | +16.87% |
| Q1 2022 | 2022-03-31 | $427.0M | −$44.0M | −9.34% |
| Q4 2021 | 2021-12-31 | $513.0M | −$67.0M | −11.55% |
| Q3 2021 | 2021-09-30 | $491.0M | −$41.0M | −7.71% |
| Q2 2021 | 2021-06-30 | $498.0M | −$44.0M | −8.12% |
| Q1 2021 | 2021-03-31 | $471.0M | −$145.0M | −23.54% |
| Q4 2020 | 2020-12-31 | $580.0M | $534.0M | +1160.87% |
| Q3 2020 | 2020-09-30 | $532.0M | −$191.0M | −26.42% |
| Q2 2020 | 2020-06-30 | $542.0M | −$203.0M | −27.25% |
| Q1 2020 | 2020-03-31 | $616.0M | −$113.0M | −15.50% |
| Q4 2019 | 2019-12-31 | $46.0M | −$848.0M | −94.85% |
| Q3 2019 | 2019-09-30 | $723.0M | −$94.0M | −11.51% |
| Q2 2019 | 2019-06-30 | $745.0M | −$32.0M | −4.12% |
| Q1 2019 | 2019-03-31 | $729.0M | −$21.0M | −2.80% |
| Q4 2018 | 2018-12-31 | $894.0M | −$87.0M | −8.87% |
| Q3 2018 | 2018-09-30 | $817.0M | $38.0M | +4.88% |
| Q2 2018 | 2018-06-30 | $777.0M | $81.0M | +11.64% |
| Q1 2018 | 2018-03-31 | $750.0M | $73.0M | +10.78% |
| Q4 2017 | 2017-12-31 | $981.0M | $134.0M | +15.82% |
| Q3 2017 | 2017-09-30 | $779.0M | $52.0M | +7.15% |
| Q2 2017 | 2017-06-30 | $696.0M | $6.0M | +0.87% |
| Q1 2017 | 2017-03-31 | $677.0M | $21.0M | +3.20% |
| Q4 2016 | 2016-12-31 | $847.0M | −$126.0M | −12.95% |
| Q3 2016 | 2016-09-30 | $727.0M | −$154.0M | −17.48% |
| Q2 2016 | 2016-06-30 | $690.0M | −$156.0M | −18.44% |
| Q1 2016 | 2016-03-31 | $656.0M | −$177.0M | −21.25% |
| Q4 2015 | 2015-12-31 | $973.0M | −$99.0M | −9.24% |
| Q3 2015 | 2015-09-30 | $881.0M | −$43.0M | −4.65% |
| Q2 2015 | 2015-06-30 | $846.0M | $60.0M | +7.63% |
| Q1 2015 | 2015-03-31 | $833.0M | −$59.0M | −6.61% |
| Q4 2014 | 2014-12-31 | $1.07B | $211.0M | +24.51% |
| Q3 2014 | 2014-09-30 | $924.0M | −$47.0M | −4.84% |
| Q2 2014 | 2014-06-30 | $786.0M | −$183.0M | −18.89% |
| Q1 2014 | 2014-03-31 | $892.0M | $64.0M | +7.73% |
| Q4 2013 | 2013-12-31 | $861.0M | −$166.0M | −16.16% |
| Q3 2013 | 2013-09-30 | $971.0M | $202.0M | +26.27% |
| Q2 2013 | 2013-06-30 | $969.0M | $342.0M | +54.55% |
| Q1 2013 | 2013-03-31 | $828.0M | $146.0M | +21.41% |
| Q4 2012 | 2012-12-31 | $1.03B | $225.0M | +28.05% |
| Q3 2012 | 2012-09-30 | $769.0M | $87.0M | +12.76% |
| Q2 2012 | 2012-06-30 | $627.0M | $52.0M | +9.04% |
| Q1 2012 | 2012-03-31 | $682.0M | $254.0M | +59.35% |
| Q4 2011 | 2011-12-31 | $802.0M | $185.0M | +29.98% |
| Q3 2011 | 2011-09-30 | $682.0M | $326.0M | +91.57% |
| Q2 2011 | 2011-06-30 | $575.0M | $234.0M | +68.62% |
| Q1 2011 | 2011-03-31 | $428.0M | $145.0M | +51.24% |
| Q4 2010 | 2010-12-31 | $617.0M | $213.0M | +52.72% |
| Q3 2010 | 2010-09-30 | $356.0M | $59.0M | +19.87% |
| Q2 2010 | 2010-06-30 | $341.0M | $87.0M | +34.25% |
| Q1 2010 | 2010-03-31 | $283.0M | $13.0M | +4.81% |
| Q4 2009 | 2009-12-31 | $404.0M | — | — |
| Q3 2009 | 2009-09-30 | $297.0M | −$21.0M | −6.60% |
| Q2 2009 | 2009-06-30 | $254.0M | — | — |
| Q1 2009 | 2009-03-31 | $270.0M | — | — |
| Q3 2008 | 2008-09-30 | $318.0M | — | — |
Ppl capital expenditures (capex) trends
Over the last five fiscal years, Ppl's capital expenditures (capex) increased from $2.27B to $4.03B, a change of $1.76B. The latest reported quarter, Q2 2026, shows $1.28B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ppl source filings ↗