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Side-by-side financial comparison of Ametek (AME) and PPL Corporation (PPL). Click either name above to swap in a different company.

PPL Corporation is the larger business by last-quarter revenue ($2.3B vs $2.0B, roughly 1.2× Ametek). Ametek runs the higher net margin — 19.9% vs 11.3%, a 8.6% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (13.4% vs 7.2%). Ametek produced more free cash flow last quarter ($527.3M vs $-614.0M). Over the past eight quarters, Ametek's revenue compounded faster (7.3% CAGR vs 1.0%).

AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

AME vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
1.2× larger
PPL
$2.3B
$2.0B
AME
Growing faster (revenue YoY)
AME
AME
+6.2% gap
AME
13.4%
7.2%
PPL
Higher net margin
AME
AME
8.6% more per $
AME
19.9%
11.3%
PPL
More free cash flow
AME
AME
$1.1B more FCF
AME
$527.3M
$-614.0M
PPL
Faster 2-yr revenue CAGR
AME
AME
Annualised
AME
7.3%
1.0%
PPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AME
AME
PPL
PPL
Revenue
$2.0B
$2.3B
Net Profit
$398.6M
$266.0M
Gross Margin
36.0%
Operating Margin
25.3%
20.3%
Net Margin
19.9%
11.3%
Revenue YoY
13.4%
7.2%
Net Profit YoY
2.9%
50.3%
EPS (diluted)
$1.73
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AME
AME
PPL
PPL
Q4 25
$2.0B
$2.3B
Q3 25
$1.9B
$2.2B
Q2 25
$1.8B
$2.0B
Q1 25
$1.7B
$2.5B
Q4 24
$1.8B
$2.2B
Q3 24
$1.7B
$2.1B
Q2 24
$1.7B
$1.9B
Q1 24
$1.7B
$2.3B
Net Profit
AME
AME
PPL
PPL
Q4 25
$398.6M
$266.0M
Q3 25
$371.4M
$318.0M
Q2 25
$358.4M
$183.0M
Q1 25
$351.8M
$414.0M
Q4 24
$387.3M
$177.0M
Q3 24
$340.2M
$214.0M
Q2 24
$337.7M
$190.0M
Q1 24
$310.9M
$307.0M
Gross Margin
AME
AME
PPL
PPL
Q4 25
36.0%
Q3 25
36.3%
Q2 25
35.8%
Q1 25
36.1%
Q4 24
36.6%
Q3 24
36.0%
Q2 24
36.0%
Q1 24
34.1%
Operating Margin
AME
AME
PPL
PPL
Q4 25
25.3%
20.3%
Q3 25
25.8%
25.4%
Q2 25
26.0%
19.9%
Q1 25
26.3%
26.6%
Q4 24
26.6%
17.2%
Q3 24
26.1%
20.6%
Q2 24
25.8%
20.8%
Q1 24
24.0%
23.7%
Net Margin
AME
AME
PPL
PPL
Q4 25
19.9%
11.3%
Q3 25
19.6%
14.2%
Q2 25
20.2%
9.0%
Q1 25
20.3%
16.3%
Q4 24
22.0%
8.1%
Q3 24
19.9%
10.3%
Q2 24
19.5%
10.1%
Q1 24
17.9%
13.3%
EPS (diluted)
AME
AME
PPL
PPL
Q4 25
$1.73
$0.35
Q3 25
$1.60
$0.43
Q2 25
$1.55
$0.25
Q1 25
$1.52
$0.56
Q4 24
$1.67
$0.23
Q3 24
$1.47
$0.29
Q2 24
$1.45
$0.26
Q1 24
$1.34
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AME
AME
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$458.0M
$1.1B
Total DebtLower is stronger
$2.3B
$18.9B
Stockholders' EquityBook value
$10.6B
$14.9B
Total Assets
$16.1B
$45.2B
Debt / EquityLower = less leverage
0.21×
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AME
AME
PPL
PPL
Q4 25
$458.0M
$1.1B
Q3 25
$439.2M
$1.1B
Q2 25
$619.7M
$294.0M
Q1 25
$399.0M
$312.0M
Q4 24
$374.0M
$306.0M
Q3 24
$396.3M
$542.0M
Q2 24
$396.6M
$282.0M
Q1 24
$373.8M
$276.0M
Total Debt
AME
AME
PPL
PPL
Q4 25
$2.3B
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$2.1B
$16.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AME
AME
PPL
PPL
Q4 25
$10.6B
$14.9B
Q3 25
$10.5B
$14.4B
Q2 25
$10.4B
$14.3B
Q1 25
$10.0B
$14.3B
Q4 24
$9.7B
$14.1B
Q3 24
$9.6B
$14.1B
Q2 24
$9.3B
$14.1B
Q1 24
$9.0B
$14.1B
Total Assets
AME
AME
PPL
PPL
Q4 25
$16.1B
$45.2B
Q3 25
$16.2B
$43.9B
Q2 25
$15.3B
$42.4B
Q1 25
$14.9B
$41.8B
Q4 24
$14.6B
$41.1B
Q3 24
$14.8B
$40.5B
Q2 24
$14.8B
$39.8B
Q1 24
$14.9B
$39.6B
Debt / Equity
AME
AME
PPL
PPL
Q4 25
0.21×
1.27×
Q3 25
Q2 25
Q1 25
Q4 24
0.22×
1.17×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AME
AME
PPL
PPL
Operating Cash FlowLast quarter
$584.3M
$548.0M
Free Cash FlowOCF − Capex
$527.3M
$-614.0M
FCF MarginFCF / Revenue
26.4%
-26.1%
Capex IntensityCapex / Revenue
2.9%
49.5%
Cash ConversionOCF / Net Profit
1.47×
2.06×
TTM Free Cash FlowTrailing 4 quarters
$1.7B
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AME
AME
PPL
PPL
Q4 25
$584.3M
$548.0M
Q3 25
$440.9M
$966.0M
Q2 25
$359.1M
$602.0M
Q1 25
$417.5M
$513.0M
Q4 24
$550.0M
$511.0M
Q3 24
$487.2M
$781.0M
Q2 24
$381.4M
$766.0M
Q1 24
$410.2M
$282.0M
Free Cash Flow
AME
AME
PPL
PPL
Q4 25
$527.3M
$-614.0M
Q3 25
$420.0M
$-179.0M
Q2 25
$329.8M
$-328.0M
Q1 25
$394.5M
$-280.0M
Q4 24
$498.3M
$-349.0M
Q3 24
$460.9M
$102.0M
Q2 24
$360.0M
$96.0M
Q1 24
$382.6M
$-314.0M
FCF Margin
AME
AME
PPL
PPL
Q4 25
26.4%
-26.1%
Q3 25
22.2%
-8.0%
Q2 25
18.5%
-16.1%
Q1 25
22.8%
-11.0%
Q4 24
28.3%
-15.9%
Q3 24
27.0%
4.9%
Q2 24
20.8%
5.1%
Q1 24
22.0%
-13.6%
Capex Intensity
AME
AME
PPL
PPL
Q4 25
2.9%
49.5%
Q3 25
1.1%
51.2%
Q2 25
1.6%
45.6%
Q1 25
1.3%
31.2%
Q4 24
2.9%
39.3%
Q3 24
1.5%
32.7%
Q2 24
1.2%
35.8%
Q1 24
1.6%
25.9%
Cash Conversion
AME
AME
PPL
PPL
Q4 25
1.47×
2.06×
Q3 25
1.19×
3.04×
Q2 25
1.00×
3.29×
Q1 25
1.19×
1.24×
Q4 24
1.42×
2.89×
Q3 24
1.43×
3.65×
Q2 24
1.13×
4.03×
Q1 24
1.32×
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AME
AME

Transferred At Point In Time$1.1B54%
Electronic Instruments Group$620.1M31%
Transferred Over Time$294.6M15%

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

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