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

TELUS CORP is the larger business by last-quarter revenue ($3.7B vs $2.3B, roughly 1.6× PPL Corporation). PPL Corporation runs the higher net margin — 11.3% vs -4.8%, a 16.1% gap on every dollar of revenue. On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs 2.2%).

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.

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

PPL vs TU — Head-to-Head

Bigger by revenue
TU
TU
1.6× larger
TU
$3.7B
$2.3B
PPL
Growing faster (revenue YoY)
PPL
PPL
+5.0% gap
PPL
7.2%
2.2%
TU
Higher net margin
PPL
PPL
16.1% more per $
PPL
11.3%
-4.8%
TU

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
PPL
PPL
TU
TU
Revenue
$2.3B
$3.7B
Net Profit
$266.0M
$-178.8M
Gross Margin
90.2%
Operating Margin
20.3%
3.4%
Net Margin
11.3%
-4.8%
Revenue YoY
7.2%
2.2%
Net Profit YoY
50.3%
-210.9%
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
PPL
PPL
TU
TU
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.0B
$3.7B
Q1 25
$2.5B
Q4 24
$2.2B
Q3 24
$2.1B
Q2 24
$1.9B
$3.6B
Q1 24
$2.3B
Net Profit
PPL
PPL
TU
TU
Q4 25
$266.0M
Q3 25
$318.0M
Q2 25
$183.0M
$-178.8M
Q1 25
$414.0M
Q4 24
$177.0M
Q3 24
$214.0M
Q2 24
$190.0M
$161.3M
Q1 24
$307.0M
Gross Margin
PPL
PPL
TU
TU
Q4 25
Q3 25
Q2 25
90.2%
Q1 25
Q4 24
Q3 24
Q2 24
87.9%
Q1 24
Operating Margin
PPL
PPL
TU
TU
Q4 25
20.3%
Q3 25
25.4%
Q2 25
19.9%
3.4%
Q1 25
26.6%
Q4 24
17.2%
Q3 24
20.6%
Q2 24
20.8%
13.7%
Q1 24
23.7%
Net Margin
PPL
PPL
TU
TU
Q4 25
11.3%
Q3 25
14.2%
Q2 25
9.0%
-4.8%
Q1 25
16.3%
Q4 24
8.1%
Q3 24
10.3%
Q2 24
10.1%
4.4%
Q1 24
13.3%
EPS (diluted)
PPL
PPL
TU
TU
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
PPL
PPL
TU
TU
Cash + ST InvestmentsLiquidity on hand
$1.1B
$2.7B
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$14.9B
$11.8B
Total Assets
$45.2B
$44.3B
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPL
PPL
TU
TU
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
$2.7B
Q1 25
$312.0M
Q4 24
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
$676.7M
Q1 24
$276.0M
Total Debt
PPL
PPL
TU
TU
Q4 25
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$16.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PPL
PPL
TU
TU
Q4 25
$14.9B
Q3 25
$14.4B
Q2 25
$14.3B
$11.8B
Q1 25
$14.3B
Q4 24
$14.1B
Q3 24
$14.1B
Q2 24
$14.1B
$12.4B
Q1 24
$14.1B
Total Assets
PPL
PPL
TU
TU
Q4 25
$45.2B
Q3 25
$43.9B
Q2 25
$42.4B
$44.3B
Q1 25
$41.8B
Q4 24
$41.1B
Q3 24
$40.5B
Q2 24
$39.8B
$41.8B
Q1 24
$39.6B
Debt / Equity
PPL
PPL
TU
TU
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
TU
TU
Operating Cash FlowLast quarter
$548.0M
$851.2M
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
PPL
PPL
TU
TU
Q4 25
$548.0M
Q3 25
$966.0M
Q2 25
$602.0M
$851.2M
Q1 25
$513.0M
Q4 24
$511.0M
Q3 24
$781.0M
Q2 24
$766.0M
$1.0B
Q1 24
$282.0M
Free Cash Flow
PPL
PPL
TU
TU
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
TU
TU
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
TU
TU
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
TU
TU
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×
6.28×
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%

TU
TU

Segment breakdown not available.

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