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Side-by-side financial comparison of PPL Corporation (PPL) and THOMSON REUTERS CORP (TRI). Click either name above to swap in a different company.

PPL Corporation is the larger business by last-quarter revenue ($2.3B vs $1.8B, roughly 1.3× THOMSON REUTERS CORP). THOMSON REUTERS CORP runs the higher net margin — 17.5% vs 11.3%, a 6.2% gap on every dollar of revenue. On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs 2.6%).

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.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

PPL vs TRI — Head-to-Head

Bigger by revenue
PPL
PPL
1.3× larger
PPL
$2.3B
$1.8B
TRI
Growing faster (revenue YoY)
PPL
PPL
+4.6% gap
PPL
7.2%
2.6%
TRI
Higher net margin
TRI
TRI
6.2% more per $
TRI
17.5%
11.3%
PPL

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
PPL
PPL
TRI
TRI
Revenue
$2.3B
$1.8B
Net Profit
$266.0M
$313.0M
Gross Margin
Operating Margin
20.3%
24.4%
Net Margin
11.3%
17.5%
Revenue YoY
7.2%
2.6%
Net Profit YoY
50.3%
-62.8%
EPS (diluted)
$0.35
$0.69

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
PPL
PPL
TRI
TRI
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.0B
$1.8B
Q1 25
$2.5B
Q4 24
$2.2B
Q3 24
$2.1B
Q2 24
$1.9B
$1.7B
Q1 24
$2.3B
Net Profit
PPL
PPL
TRI
TRI
Q4 25
$266.0M
Q3 25
$318.0M
Q2 25
$183.0M
$313.0M
Q1 25
$414.0M
Q4 24
$177.0M
Q3 24
$214.0M
Q2 24
$190.0M
$841.0M
Q1 24
$307.0M
Operating Margin
PPL
PPL
TRI
TRI
Q4 25
20.3%
Q3 25
25.4%
Q2 25
19.9%
24.4%
Q1 25
26.6%
Q4 24
17.2%
Q3 24
20.6%
Q2 24
20.8%
23.9%
Q1 24
23.7%
Net Margin
PPL
PPL
TRI
TRI
Q4 25
11.3%
Q3 25
14.2%
Q2 25
9.0%
17.5%
Q1 25
16.3%
Q4 24
8.1%
Q3 24
10.3%
Q2 24
10.1%
48.3%
Q1 24
13.3%
EPS (diluted)
PPL
PPL
TRI
TRI
Q4 25
$0.35
Q3 25
$0.43
Q2 25
$0.25
$0.69
Q1 25
$0.56
Q4 24
$0.23
Q3 24
$0.29
Q2 24
$0.26
$1.86
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
PPL
PPL
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$1.1B
$664.0M
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$14.9B
$12.6B
Total Assets
$45.2B
$18.0B
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPL
PPL
TRI
TRI
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
$664.0M
Q1 25
$312.0M
Q4 24
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
$1.7B
Q1 24
$276.0M
Total Debt
PPL
PPL
TRI
TRI
Q4 25
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$16.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PPL
PPL
TRI
TRI
Q4 25
$14.9B
Q3 25
$14.4B
Q2 25
$14.3B
$12.6B
Q1 25
$14.3B
Q4 24
$14.1B
Q3 24
$14.1B
Q2 24
$14.1B
$11.6B
Q1 24
$14.1B
Total Assets
PPL
PPL
TRI
TRI
Q4 25
$45.2B
Q3 25
$43.9B
Q2 25
$42.4B
$18.0B
Q1 25
$41.8B
Q4 24
$41.1B
Q3 24
$40.5B
Q2 24
$39.8B
$18.4B
Q1 24
$39.6B
Debt / Equity
PPL
PPL
TRI
TRI
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
PPL
PPL
TRI
TRI
Operating Cash FlowLast quarter
$548.0M
$746.0M
Free Cash FlowOCF − Capex
$-614.0M
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
2.06×
2.38×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PPL
PPL
TRI
TRI
Q4 25
$548.0M
Q3 25
$966.0M
Q2 25
$602.0M
$746.0M
Q1 25
$513.0M
Q4 24
$511.0M
Q3 24
$781.0M
Q2 24
$766.0M
$705.0M
Q1 24
$282.0M
Free Cash Flow
PPL
PPL
TRI
TRI
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
PPL
PPL
TRI
TRI
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
PPL
PPL
TRI
TRI
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
PPL
PPL
TRI
TRI
Q4 25
2.06×
Q3 25
3.04×
Q2 25
3.29×
2.38×
Q1 25
1.24×
Q4 24
2.89×
Q3 24
3.65×
Q2 24
4.03×
0.84×
Q1 24
0.92×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

TRI
TRI

Segment breakdown not available.

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