PPL Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.18B | $888.0M | $740.0M | $756.0M | $-1.48B | $1.47B | $1.75B | $1.83B |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.31B | $1.28B | $1.25B | $1.18B | $1.08B | $1.02B | $949.0M | $1.09B |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $49.0M | $46.0M | $33.0M | $37.0M | $37.0M | $29.0M | $36.0M | $26.0M |
| Net Cash from Operating Activities | $2.63B | $2.34B | $1.76B | $1.73B | $2.27B | $2.75B | $2.43B | $2.82B |
| Investing Activities | ||||||||
| Capital Expenditures | $4.03B | $2.81B | $2.39B | $2.16B | $1.97B | $2.27B | $2.24B | $3.24B |
| Business Acquisitions | — | $0 | $0 | $3.66B | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-4.00B | $-2.82B | $-2.38B | $-5.65B | $7.96B | $-3.26B | $-3.08B | $-3.36B |
| Financing Activities | ||||||||
| Dividends Paid | $794.0M | $747.0M | $704.0M | $787.0M | $1.28B | $1.28B | $1.19B | $1.13B |
| Stock Repurchases | — | — | $0 | $0 | $1.00B | $0 | $0 | — |
| Net Cash from Financing Activities | $2.12B | $435.0M | $650.0M | $709.0M | $-7.39B | $386.0M | $836.0M | $690.0M |
| Net Change in Cash | $747.0M | $-43.0M | $25.0M | $-3.22B | $3.13B | $-217.0M | $39.0M | $132.0M |
| Free Cash Flow | $-1.40B | $-465.0M | $-632.0M | $-425.0M | $297.0M | $476.0M | $184.0M | $-417.0M |