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Side-by-side financial comparison of PPL Corporation (PPL) and Weyerhaeuser (WY). 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× Weyerhaeuser). PPL Corporation runs the higher net margin — 11.3% vs 9.0%, a 2.3% gap on every dollar of revenue. On growth, Weyerhaeuser posted the faster year-over-year revenue change (12.1% vs 7.2%). Over the past eight quarters, PPL Corporation's revenue compounded faster (1.0% CAGR vs -5.6%).

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 Weyerhaeuser Company is an American timberland company which owns approximately 10,400,000 acres of timberlands in the U.S., and manages an additional 14,000,000 acres of timberlands under long-term licenses in Canada. The company has manufactured wood products for over a century. It operates as a real estate investment trust (REIT).

PPL vs WY — Head-to-Head

Bigger by revenue
PPL
PPL
1.4× larger
PPL
$2.3B
$1.7B
WY
Growing faster (revenue YoY)
WY
WY
+4.9% gap
WY
12.1%
7.2%
PPL
Higher net margin
PPL
PPL
2.3% more per $
PPL
11.3%
9.0%
WY
Faster 2-yr revenue CAGR
PPL
PPL
Annualised
PPL
1.0%
-5.6%
WY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PPL
PPL
WY
WY
Revenue
$2.3B
$1.7B
Net Profit
$266.0M
$156.0M
Gross Margin
Operating Margin
20.3%
14.3%
Net Margin
11.3%
9.0%
Revenue YoY
7.2%
12.1%
Net Profit YoY
50.3%
110.8%
EPS (diluted)
$0.35
$0.22

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
WY
WY
Q1 26
$1.7B
Q4 25
$2.3B
$1.5B
Q3 25
$2.2B
$1.7B
Q2 25
$2.0B
$1.9B
Q1 25
$2.5B
$1.8B
Q4 24
$2.2B
$1.7B
Q3 24
$2.1B
$1.7B
Q2 24
$1.9B
$1.9B
Net Profit
PPL
PPL
WY
WY
Q1 26
$156.0M
Q4 25
$266.0M
$74.0M
Q3 25
$318.0M
$80.0M
Q2 25
$183.0M
$87.0M
Q1 25
$414.0M
$83.0M
Q4 24
$177.0M
$81.0M
Q3 24
$214.0M
$28.0M
Q2 24
$190.0M
$173.0M
Gross Margin
PPL
PPL
WY
WY
Q1 26
Q4 25
10.4%
Q3 25
11.9%
Q2 25
17.3%
Q1 25
19.0%
Q4 24
17.8%
Q3 24
14.9%
Q2 24
20.8%
Operating Margin
PPL
PPL
WY
WY
Q1 26
14.3%
Q4 25
20.3%
16.3%
Q3 25
25.4%
7.2%
Q2 25
19.9%
9.4%
Q1 25
26.6%
10.2%
Q4 24
17.2%
8.3%
Q3 24
20.6%
4.6%
Q2 24
20.8%
13.9%
Net Margin
PPL
PPL
WY
WY
Q1 26
9.0%
Q4 25
11.3%
4.8%
Q3 25
14.2%
4.7%
Q2 25
9.0%
4.6%
Q1 25
16.3%
4.7%
Q4 24
8.1%
4.7%
Q3 24
10.3%
1.7%
Q2 24
10.1%
8.9%
EPS (diluted)
PPL
PPL
WY
WY
Q1 26
$0.22
Q4 25
$0.35
$0.11
Q3 25
$0.43
$0.11
Q2 25
$0.25
$0.12
Q1 25
$0.56
$0.11
Q4 24
$0.23
$0.10
Q3 24
$0.29
$0.04
Q2 24
$0.26
$0.24

Balance Sheet & Financial Strength

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

Metric
PPL
PPL
WY
WY
Cash + ST InvestmentsLiquidity on hand
$1.1B
$299.0M
Total DebtLower is stronger
$18.9B
$372.0M
Stockholders' EquityBook value
$14.9B
$9.4B
Total Assets
$45.2B
$16.4B
Debt / EquityLower = less leverage
1.27×
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPL
PPL
WY
WY
Q1 26
$299.0M
Q4 25
$1.1B
$464.0M
Q3 25
$1.1B
$401.0M
Q2 25
$294.0M
$592.0M
Q1 25
$312.0M
$560.0M
Q4 24
$306.0M
$684.0M
Q3 24
$542.0M
$877.0M
Q2 24
$282.0M
$997.0M
Total Debt
PPL
PPL
WY
WY
Q1 26
$372.0M
Q4 25
$18.9B
$5.6B
Q3 25
Q2 25
Q1 25
Q4 24
$16.5B
$5.1B
Q3 24
Q2 24
Stockholders' Equity
PPL
PPL
WY
WY
Q1 26
$9.4B
Q4 25
$14.9B
$9.4B
Q3 25
$14.4B
$9.4B
Q2 25
$14.3B
$9.5B
Q1 25
$14.3B
$9.6B
Q4 24
$14.1B
$9.7B
Q3 24
$14.1B
$9.9B
Q2 24
$14.1B
$10.0B
Total Assets
PPL
PPL
WY
WY
Q1 26
$16.4B
Q4 25
$45.2B
$16.6B
Q3 25
$43.9B
$16.7B
Q2 25
$42.4B
$16.5B
Q1 25
$41.8B
$16.5B
Q4 24
$41.1B
$16.5B
Q3 24
$40.5B
$16.7B
Q2 24
$39.8B
$16.8B
Debt / Equity
PPL
PPL
WY
WY
Q1 26
0.04×
Q4 25
1.27×
0.59×
Q3 25
Q2 25
Q1 25
Q4 24
1.17×
0.52×
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
PPL
PPL
WY
WY
Operating Cash FlowLast quarter
$548.0M
Free Cash FlowOCF − Capex
$-614.0M
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
49.5%
0.0%
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
WY
WY
Q1 26
Q4 25
$548.0M
$-114.0M
Q3 25
$966.0M
$210.0M
Q2 25
$602.0M
$396.0M
Q1 25
$513.0M
$70.0M
Q4 24
$511.0M
$218.0M
Q3 24
$781.0M
$234.0M
Q2 24
$766.0M
$432.0M
Free Cash Flow
PPL
PPL
WY
WY
Q1 26
Q4 25
$-614.0M
$-128.0M
Q3 25
$-179.0M
$203.0M
Q2 25
$-328.0M
$388.0M
Q1 25
$-280.0M
$48.0M
Q4 24
$-349.0M
$205.0M
Q3 24
$102.0M
$226.0M
Q2 24
$96.0M
$423.0M
FCF Margin
PPL
PPL
WY
WY
Q1 26
Q4 25
-26.1%
-8.3%
Q3 25
-8.0%
11.8%
Q2 25
-16.1%
20.6%
Q1 25
-11.0%
2.7%
Q4 24
-15.9%
12.0%
Q3 24
4.9%
13.4%
Q2 24
5.1%
21.8%
Capex Intensity
PPL
PPL
WY
WY
Q1 26
0.0%
Q4 25
49.5%
0.9%
Q3 25
51.2%
0.4%
Q2 25
45.6%
0.4%
Q1 25
31.2%
1.2%
Q4 24
39.3%
0.8%
Q3 24
32.7%
0.5%
Q2 24
35.8%
0.5%
Cash Conversion
PPL
PPL
WY
WY
Q1 26
Q4 25
2.06×
-1.54×
Q3 25
3.04×
2.63×
Q2 25
3.29×
4.55×
Q1 25
1.24×
0.84×
Q4 24
2.89×
2.69×
Q3 24
3.65×
8.36×
Q2 24
4.03×
2.50×

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%

WY
WY

Segment breakdown not available.

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