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Side-by-side financial comparison of OLIN Corp (OLN) 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 $1.7B, roughly 1.4× OLIN Corp). PPL Corporation runs the higher net margin — 11.3% vs -8.6%, a 19.9% gap on every dollar of revenue. On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs -0.4%). Over the past eight quarters, PPL Corporation's revenue compounded faster (1.0% CAGR vs 0.9%).

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

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.

OLN vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
1.4× larger
PPL
$2.3B
$1.7B
OLN
Growing faster (revenue YoY)
PPL
PPL
+7.6% gap
PPL
7.2%
-0.4%
OLN
Higher net margin
PPL
PPL
19.9% more per $
PPL
11.3%
-8.6%
OLN
Faster 2-yr revenue CAGR
PPL
PPL
Annualised
PPL
1.0%
0.9%
OLN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OLN
OLN
PPL
PPL
Revenue
$1.7B
$2.3B
Net Profit
$-143.2M
$266.0M
Gross Margin
1.9%
Operating Margin
-9.4%
20.3%
Net Margin
-8.6%
11.3%
Revenue YoY
-0.4%
7.2%
Net Profit YoY
-1517.8%
50.3%
EPS (diluted)
$-1.25
$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
OLN
OLN
PPL
PPL
Q4 25
$1.7B
$2.3B
Q3 25
$1.7B
$2.2B
Q2 25
$1.8B
$2.0B
Q1 25
$1.6B
$2.5B
Q4 24
$1.7B
$2.2B
Q3 24
$1.6B
$2.1B
Q2 24
$1.6B
$1.9B
Q1 24
$1.6B
$2.3B
Net Profit
OLN
OLN
PPL
PPL
Q4 25
$-143.2M
$266.0M
Q3 25
$43.7M
$318.0M
Q2 25
$-2.8M
$183.0M
Q1 25
$1.2M
$414.0M
Q4 24
$10.1M
$177.0M
Q3 24
$-25.2M
$214.0M
Q2 24
$72.3M
$190.0M
Q1 24
$47.8M
$307.0M
Gross Margin
OLN
OLN
PPL
PPL
Q4 25
1.9%
Q3 25
10.7%
Q2 25
7.9%
Q1 25
9.0%
Q4 24
9.4%
Q3 24
8.5%
Q2 24
14.5%
Q1 24
12.7%
Operating Margin
OLN
OLN
PPL
PPL
Q4 25
-9.4%
20.3%
Q3 25
4.8%
25.4%
Q2 25
2.0%
19.9%
Q1 25
2.7%
26.6%
Q4 24
2.8%
17.2%
Q3 24
1.0%
20.6%
Q2 24
8.3%
20.8%
Q1 24
5.9%
23.7%
Net Margin
OLN
OLN
PPL
PPL
Q4 25
-8.6%
11.3%
Q3 25
2.6%
14.2%
Q2 25
-0.2%
9.0%
Q1 25
0.1%
16.3%
Q4 24
0.6%
8.1%
Q3 24
-1.6%
10.3%
Q2 24
4.4%
10.1%
Q1 24
2.9%
13.3%
EPS (diluted)
OLN
OLN
PPL
PPL
Q4 25
$-1.25
$0.35
Q3 25
$0.37
$0.43
Q2 25
$-0.01
$0.25
Q1 25
$0.01
$0.56
Q4 24
$0.10
$0.23
Q3 24
$-0.21
$0.29
Q2 24
$0.62
$0.26
Q1 24
$0.40
$0.42

Balance Sheet & Financial Strength

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

Metric
OLN
OLN
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$167.6M
$1.1B
Total DebtLower is stronger
$2.8B
$18.9B
Stockholders' EquityBook value
$1.8B
$14.9B
Total Assets
$7.3B
$45.2B
Debt / EquityLower = less leverage
1.55×
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
PPL
PPL
Q4 25
$167.6M
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
Q1 25
$312.0M
Q4 24
$175.6M
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
Q1 24
$276.0M
Total Debt
OLN
OLN
PPL
PPL
Q4 25
$2.8B
$18.9B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$2.7B
$16.5B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
OLN
OLN
PPL
PPL
Q4 25
$1.8B
$14.9B
Q3 25
$2.0B
$14.4B
Q2 25
$2.0B
$14.3B
Q1 25
$2.0B
$14.3B
Q4 24
$2.0B
$14.1B
Q3 24
$2.1B
$14.1B
Q2 24
$2.1B
$14.1B
Q1 24
$2.2B
$14.1B
Total Assets
OLN
OLN
PPL
PPL
Q4 25
$7.3B
$45.2B
Q3 25
$7.6B
$43.9B
Q2 25
$7.7B
$42.4B
Q1 25
$7.7B
$41.8B
Q4 24
$7.6B
$41.1B
Q3 24
$7.5B
$40.5B
Q2 24
$7.7B
$39.8B
Q1 24
$7.6B
$39.6B
Debt / Equity
OLN
OLN
PPL
PPL
Q4 25
1.55×
1.27×
Q3 25
1.52×
Q2 25
1.52×
Q1 25
1.50×
Q4 24
1.34×
1.17×
Q3 24
1.34×
Q2 24
1.31×
Q1 24
1.24×

Cash Flow & Capital Efficiency

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

Metric
OLN
OLN
PPL
PPL
Operating Cash FlowLast quarter
$321.2M
$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
OLN
OLN
PPL
PPL
Q4 25
$321.2M
$548.0M
Q3 25
$26.7M
$966.0M
Q2 25
$212.3M
$602.0M
Q1 25
$-86.0M
$513.0M
Q4 24
$141.7M
$511.0M
Q3 24
$189.9M
$781.0M
Q2 24
$90.6M
$766.0M
Q1 24
$81.0M
$282.0M
Free Cash Flow
OLN
OLN
PPL
PPL
Q4 25
$-614.0M
Q3 25
$-44.4M
$-179.0M
Q2 25
$-328.0M
Q1 25
$-147.4M
$-280.0M
Q4 24
$90.7M
$-349.0M
Q3 24
$146.6M
$102.0M
Q2 24
$34.1M
$96.0M
Q1 24
$36.7M
$-314.0M
FCF Margin
OLN
OLN
PPL
PPL
Q4 25
-26.1%
Q3 25
-2.6%
-8.0%
Q2 25
-16.1%
Q1 25
-9.0%
-11.0%
Q4 24
5.4%
-15.9%
Q3 24
9.2%
4.9%
Q2 24
2.1%
5.1%
Q1 24
2.2%
-13.6%
Capex Intensity
OLN
OLN
PPL
PPL
Q4 25
49.5%
Q3 25
4.2%
51.2%
Q2 25
45.6%
Q1 25
3.7%
31.2%
Q4 24
3.1%
39.3%
Q3 24
2.7%
32.7%
Q2 24
3.4%
35.8%
Q1 24
2.7%
25.9%
Cash Conversion
OLN
OLN
PPL
PPL
Q4 25
2.06×
Q3 25
0.61×
3.04×
Q2 25
3.29×
Q1 25
-71.67×
1.24×
Q4 24
14.03×
2.89×
Q3 24
3.65×
Q2 24
1.25×
4.03×
Q1 24
1.69×
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLN
OLN

Chlorinechlorinederivativesandothercoproducts$456.2M27%
Causticsoda$400.2M24%
Militaryandlawenforcement$304.6M18%
Epoxyresins$194.9M12%
Aromaticsandallylics$164.4M10%
Commercial$144.8M9%

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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