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Side-by-side financial comparison of BioNTech SE (BNTX) 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 $1.5B, roughly 1.5× BioNTech SE). PPL Corporation runs the higher net margin — 11.3% vs -1.9%, a 13.2% gap on every dollar of revenue.

BioNTech SE is a German multinational biotechnology company headquartered in Mainz that develops immunotherapies and vaccines, particularly for cancer and infectious diseases.

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.

BNTX vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
1.5× larger
PPL
$2.3B
$1.5B
BNTX
Higher net margin
PPL
PPL
13.2% more per $
PPL
11.3%
-1.9%
BNTX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BNTX
BNTX
PPL
PPL
Revenue
$1.5B
$2.3B
Net Profit
$-28.7M
$266.0M
Gross Margin
Operating Margin
-3.1%
20.3%
Net Margin
-1.9%
11.3%
Revenue YoY
7.2%
Net Profit YoY
50.3%
EPS (diluted)
$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
BNTX
BNTX
PPL
PPL
Q4 25
$2.3B
Q3 25
$1.5B
$2.2B
Q2 25
$260.8M
$2.0B
Q1 25
$2.5B
Q4 24
$2.2B
Q3 24
$1.2B
$2.1B
Q2 24
$1.9B
Q1 24
$2.3B
Net Profit
BNTX
BNTX
PPL
PPL
Q4 25
$266.0M
Q3 25
$-28.7M
$318.0M
Q2 25
$-386.6M
$183.0M
Q1 25
$414.0M
Q4 24
$177.0M
Q3 24
$198.1M
$214.0M
Q2 24
$190.0M
Q1 24
$307.0M
Operating Margin
BNTX
BNTX
PPL
PPL
Q4 25
20.3%
Q3 25
-3.1%
25.4%
Q2 25
-192.1%
19.9%
Q1 25
26.6%
Q4 24
17.2%
Q3 24
0.8%
20.6%
Q2 24
20.8%
Q1 24
23.7%
Net Margin
BNTX
BNTX
PPL
PPL
Q4 25
11.3%
Q3 25
-1.9%
14.2%
Q2 25
-148.2%
9.0%
Q1 25
16.3%
Q4 24
8.1%
Q3 24
15.9%
10.3%
Q2 24
10.1%
Q1 24
13.3%
EPS (diluted)
BNTX
BNTX
PPL
PPL
Q4 25
$0.35
Q3 25
$0.43
Q2 25
$0.25
Q1 25
$0.56
Q4 24
$0.23
Q3 24
$0.29
Q2 24
$0.26
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
BNTX
BNTX
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$1.1B
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$14.9B
Total Assets
$45.2B
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNTX
BNTX
PPL
PPL
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
Q1 25
$312.0M
Q4 24
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
Q1 24
$276.0M
Total Debt
BNTX
BNTX
PPL
PPL
Q4 25
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$16.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BNTX
BNTX
PPL
PPL
Q4 25
$14.9B
Q3 25
$14.4B
Q2 25
$14.3B
Q1 25
$14.3B
Q4 24
$14.1B
Q3 24
$14.1B
Q2 24
$14.1B
Q1 24
$14.1B
Total Assets
BNTX
BNTX
PPL
PPL
Q4 25
$45.2B
Q3 25
$43.9B
Q2 25
$42.4B
Q1 25
$41.8B
Q4 24
$41.1B
Q3 24
$40.5B
Q2 24
$39.8B
Q1 24
$39.6B
Debt / Equity
BNTX
BNTX
PPL
PPL
Q4 25
1.27×
Q3 25
Q2 25
Q1 25
Q4 24
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
BNTX
BNTX
PPL
PPL
Operating Cash FlowLast quarter
$548.0M
Free Cash FlowOCF − Capex
$-614.0M
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNTX
BNTX
PPL
PPL
Q4 25
$548.0M
Q3 25
$966.0M
Q2 25
$602.0M
Q1 25
$513.0M
Q4 24
$511.0M
Q3 24
$781.0M
Q2 24
$766.0M
Q1 24
$282.0M
Free Cash Flow
BNTX
BNTX
PPL
PPL
Q4 25
$-614.0M
Q3 25
$-179.0M
Q2 25
$-328.0M
Q1 25
$-280.0M
Q4 24
$-349.0M
Q3 24
$102.0M
Q2 24
$96.0M
Q1 24
$-314.0M
FCF Margin
BNTX
BNTX
PPL
PPL
Q4 25
-26.1%
Q3 25
-8.0%
Q2 25
-16.1%
Q1 25
-11.0%
Q4 24
-15.9%
Q3 24
4.9%
Q2 24
5.1%
Q1 24
-13.6%
Capex Intensity
BNTX
BNTX
PPL
PPL
Q4 25
49.5%
Q3 25
51.2%
Q2 25
45.6%
Q1 25
31.2%
Q4 24
39.3%
Q3 24
32.7%
Q2 24
35.8%
Q1 24
25.9%
Cash Conversion
BNTX
BNTX
PPL
PPL
Q4 25
2.06×
Q3 25
3.04×
Q2 25
3.29×
Q1 25
1.24×
Q4 24
2.89×
Q3 24
3.65×
Q2 24
4.03×
Q1 24
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BNTX
BNTX

Segment breakdown not available.

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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