PPL Corporation (PPL) — Capital Reinvestment Ratio
PPL Corporation (PPL) has a Capital Reinvestment Ratio of 1.81x as of June 2026, meaning it reinvests 2% of its operating cash flow ($583.00 Million) in capital expenditures ($1.06 Billion). Check PPL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
PPL Corporation Capital Reinvestment Ratio (1995–2025)
This chart tracks PPL Corporation's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see PPL Corporation cash conversion from operations.
Annual Capital Reinvestment Ratio for PPL Corporation (1995–2025)
Year-by-year Capital Reinvestment Ratio for PPL Corporation from 1995 to 2025. See PPL Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.53x | $2.63 Billion | $4.03 Billion | ▲ +27.9% |
| 2024 | 1.20x | $2.34 Billion | $2.81 Billion | ▼ -11.8% |
| 2023 | 1.36x | $1.76 Billion | $2.39 Billion | ▲ +9.1% |
| 2022 | 1.25x | $1.73 Billion | $2.15 Billion | ▲ +43.3% |
| 2021 | 0.87x | $2.27 Billion | $1.97 Billion | ▼ -26.5% |
| 2020 | 1.18x | $2.75 Billion | $3.25 Billion | ▼ -6.9% |
| 2019 | 1.27x | $2.43 Billion | $3.08 Billion | ▲ +10.7% |
| 2018 | 1.15x | $2.82 Billion | $3.24 Billion | ▼ -9.8% |
| 2017 | 1.27x | $2.46 Billion | $3.13 Billion | ▲ +26.0% |
| 2016 | 1.01x | $2.89 Billion | $2.92 Billion | ▼ -26.3% |
| 2015 | 1.37x | $2.58 Billion | $3.53 Billion | ▲ +27.0% |
| 2014 | 1.08x | $3.40 Billion | $3.67 Billion | ▼ -26.8% |
| 2013 | 1.47x | $2.86 Billion | $4.21 Billion | ▲ +29.0% |
| 2012 | 1.14x | $2.72 Billion | $3.10 Billion | ▲ +15.2% |
| 2011 | 0.99x | $2.51 Billion | $2.49 Billion | ▲ +26.3% |
| 2010 | 0.79x | $2.03 Billion | $1.60 Billion | ▲ +18.7% |
| 2009 | 0.66x | $1.85 Billion | $1.23 Billion | ▼ -25.9% |
| 2008 | 0.89x | $1.59 Billion | $1.42 Billion | ▼ -16.8% |
| 2007 | 1.07x | $1.57 Billion | $1.69 Billion | ▲ +35.3% |
| 2006 | 0.79x | $1.76 Billion | $1.39 Billion | ▲ +35.7% |
| 2005 | 0.58x | $1.39 Billion | $811.00 Million | ▲ +14.4% |
| 2004 | 0.51x | $1.44 Billion | $734.00 Million | ▼ -11.2% |
| 2003 | 0.58x | $1.34 Billion | $771.00 Million | ▼ -29.3% |
| 2002 | 0.81x | $796.00 Million | $648.00 Million | ▲ +30.8% |
| 2001 | 0.62x | $908.00 Million | $565.00 Million | ▲ +17.0% |
| 2000 | 0.53x | $865.00 Million | $460.00 Million | ▲ +7.7% |
| 1999 | 0.49x | $644.00 Million | $318.00 Million | ▲ +3.5% |
| 1998 | 0.48x | $637.00 Million | $304.00 Million | ▲ +19.6% |
| 1997 | 0.40x | $777.00 Million | $310.00 Million | ▼ -12.1% |
| 1996 | 0.45x | $793.00 Million | $360.00 Million | ▼ -22.0% |
| 1995 | 0.58x | $692.30 Million | $402.80 Million | — |