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

CELESTICA INC is the larger business by last-quarter revenue ($4.0B vs $2.3B, roughly 1.7× PPL Corporation). PPL Corporation runs the higher net margin — 11.3% vs 5.2%, a 6.1% gap on every dollar of revenue. On growth, CELESTICA INC posted the faster year-over-year revenue change (52.8% vs 7.2%). CELESTICA INC produced more free cash flow last quarter ($137.9M vs $-614.0M). Over the past eight quarters, CELESTICA INC's revenue compounded faster (35.4% CAGR vs 1.0%).

Celestica Inc. is a Canadian multinational design, manufacturing, hardware platform, and supply chain electronics manufacturing services (EMS) company, which is headquartered in Toronto, Ontario. The company operates in 50 sites across 15 countries.

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.

CLS vs PPL — Head-to-Head

Bigger by revenue
CLS
CLS
1.7× larger
CLS
$4.0B
$2.3B
PPL
Growing faster (revenue YoY)
CLS
CLS
+45.6% gap
CLS
52.8%
7.2%
PPL
Higher net margin
PPL
PPL
6.1% more per $
PPL
11.3%
5.2%
CLS
More free cash flow
CLS
CLS
$751.9M more FCF
CLS
$137.9M
$-614.0M
PPL
Faster 2-yr revenue CAGR
CLS
CLS
Annualised
CLS
35.4%
1.0%
PPL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLS
CLS
PPL
PPL
Revenue
$4.0B
$2.3B
Net Profit
$212.3M
$266.0M
Gross Margin
10.8%
Operating Margin
6723.5%
20.3%
Net Margin
5.2%
11.3%
Revenue YoY
52.8%
7.2%
Net Profit YoY
146.3%
50.3%
EPS (diluted)
$1.83
$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
CLS
CLS
PPL
PPL
Q1 26
$4.0B
Q4 25
$3.7B
$2.3B
Q3 25
$3.2B
$2.2B
Q2 25
$2.9B
$2.0B
Q1 25
$2.6B
$2.5B
Q4 24
$2.2B
Q3 24
$2.5B
$2.1B
Q2 24
$2.4B
$1.9B
Net Profit
CLS
CLS
PPL
PPL
Q1 26
$212.3M
Q4 25
$267.5M
$266.0M
Q3 25
$267.8M
$318.0M
Q2 25
$211.0M
$183.0M
Q1 25
$86.2M
$414.0M
Q4 24
$177.0M
Q3 24
$89.5M
$214.0M
Q2 24
$95.0M
$190.0M
Gross Margin
CLS
CLS
PPL
PPL
Q1 26
10.8%
Q4 25
11.8%
Q3 25
13.0%
Q2 25
12.8%
Q1 25
10.3%
Q4 24
Q3 24
10.4%
Q2 24
10.6%
Operating Margin
CLS
CLS
PPL
PPL
Q1 26
6723.5%
Q4 25
8.6%
20.3%
Q3 25
10.2%
25.4%
Q2 25
9.4%
19.9%
Q1 25
4.9%
26.6%
Q4 24
17.2%
Q3 24
5.5%
20.6%
Q2 24
5.6%
20.8%
Net Margin
CLS
CLS
PPL
PPL
Q1 26
5.2%
Q4 25
7.3%
11.3%
Q3 25
8.4%
14.2%
Q2 25
7.3%
9.0%
Q1 25
3.3%
16.3%
Q4 24
8.1%
Q3 24
3.6%
10.3%
Q2 24
4.0%
10.1%
EPS (diluted)
CLS
CLS
PPL
PPL
Q1 26
$1.83
Q4 25
$2.29
$0.35
Q3 25
$2.31
$0.43
Q2 25
$1.82
$0.25
Q1 25
$0.74
$0.56
Q4 24
$0.23
Q3 24
$0.75
$0.29
Q2 24
$0.80
$0.26

Balance Sheet & Financial Strength

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

Metric
CLS
CLS
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$378.0M
$1.1B
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$2.1B
$14.9B
Total Assets
$8260.0B
$45.2B
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLS
CLS
PPL
PPL
Q1 26
$378.0M
Q4 25
$595.6M
$1.1B
Q3 25
$305.9M
$1.1B
Q2 25
$313.8M
$294.0M
Q1 25
$303.0M
$312.0M
Q4 24
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
Total Debt
CLS
CLS
PPL
PPL
Q1 26
Q4 25
$750.5M
$18.9B
Q3 25
$756.7M
Q2 25
$848.6M
Q1 25
$915.0M
Q4 24
$16.5B
Q3 24
Q2 24
Stockholders' Equity
CLS
CLS
PPL
PPL
Q1 26
$2.1B
Q4 25
$2.2B
$14.9B
Q3 25
$2.0B
$14.4B
Q2 25
$1.8B
$14.3B
Q1 25
$1.6B
$14.3B
Q4 24
$14.1B
Q3 24
$1.8B
$14.1B
Q2 24
$1.8B
$14.1B
Total Assets
CLS
CLS
PPL
PPL
Q1 26
$8260.0B
Q4 25
$7.2B
$45.2B
Q3 25
$6.6B
$43.9B
Q2 25
$6.2B
$42.4B
Q1 25
$5.8B
$41.8B
Q4 24
$41.1B
Q3 24
$40.5B
Q2 24
$39.8B
Debt / Equity
CLS
CLS
PPL
PPL
Q1 26
Q4 25
0.34×
1.27×
Q3 25
0.37×
Q2 25
0.48×
Q1 25
0.59×
Q4 24
1.17×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CLS
CLS
PPL
PPL
Operating Cash FlowLast quarter
$356.3M
$548.0M
Free Cash FlowOCF − Capex
$137.9M
$-614.0M
FCF MarginFCF / Revenue
3.4%
-26.1%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
1.68×
2.06×
TTM Free Cash FlowTrailing 4 quarters
$502.6M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLS
CLS
PPL
PPL
Q1 26
$356.3M
Q4 25
$250.6M
$548.0M
Q3 25
$126.2M
$966.0M
Q2 25
$152.4M
$602.0M
Q1 25
$130.3M
$513.0M
Q4 24
$511.0M
Q3 24
$122.8M
$781.0M
Q2 24
$99.6M
$766.0M
Free Cash Flow
CLS
CLS
PPL
PPL
Q1 26
$137.9M
Q4 25
$155.9M
$-614.0M
Q3 25
$88.9M
$-179.0M
Q2 25
$119.9M
$-328.0M
Q1 25
$93.6M
$-280.0M
Q4 24
$-349.0M
Q3 24
$76.8M
$102.0M
Q2 24
$62.7M
$96.0M
FCF Margin
CLS
CLS
PPL
PPL
Q1 26
3.4%
Q4 25
4.3%
-26.1%
Q3 25
2.8%
-8.0%
Q2 25
4.1%
-16.1%
Q1 25
3.5%
-11.0%
Q4 24
-15.9%
Q3 24
3.1%
4.9%
Q2 24
2.6%
5.1%
Capex Intensity
CLS
CLS
PPL
PPL
Q1 26
Q4 25
2.6%
49.5%
Q3 25
1.2%
51.2%
Q2 25
1.1%
45.6%
Q1 25
1.4%
31.2%
Q4 24
39.3%
Q3 24
1.8%
32.7%
Q2 24
1.5%
35.8%
Cash Conversion
CLS
CLS
PPL
PPL
Q1 26
1.68×
Q4 25
0.94×
2.06×
Q3 25
0.47×
3.04×
Q2 25
0.72×
3.29×
Q1 25
1.51×
1.24×
Q4 24
2.89×
Q3 24
1.37×
3.65×
Q2 24
1.05×
4.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLS
CLS

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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