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PPL Corporation

PPL

NYSEUtilitiesRegulated Electric

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Latest quote

$34.38

−$0.82 · -2.33%

Aug 21, 3:55 PM ET

PPL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

64

Undervalued

Momentum

33

Weakening

Sentiment

69

Bullish

Risk resilience

80

Low Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company engages in the transmission and distribution of electricity in eastern and central Pennsylvania; generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island; distribution and sale of natural gas in Kentucky and Rhode Island; sale of wholesale electricity in Kentucky; and generation of electricity from power plants in Kentucky. It generates electricity from coal, gas, hydro, and solar sources. The company was formerly known as PP&L Resources, Inc. and changed its name to PPL Corporation in 2000. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Industry
Regulated Electric
Sector
Utilities
Headquarters
US
CEO
Vincent Sorgi
Listed since
Mar 17, 1980
Employees
6,546

Market position

Volume
4.26M
0.48× average
Average volume
8.96M
Average daily volume
Market cap
25.87B USD
Beta
0.59
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
55.91B USD
P/E (TTM)
27.14×
P/B (TTM)
2.31×
P/S (TTM)
3.65×
EV / EBITDA
15.13×
Earnings yield
3.14%
Free cash flow yield
-3.72%
Dividend yield
3.54%

Profitability & efficiency

Gross margin
34.63%
Operating margin
24.02%
Net margin
13.47%
Return on equity
7.94%
Return on assets
2.61%
Return on invested capital
4.06%

Financial health

Debt / equity
1.32×
Current ratio
0.86×
Altman Z-score
1.11
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends54%25%-4%-33%Gross margin, FY2021: 46.91%Gross margin, FY2022: 36.54%Gross margin, FY2023: 39.41%Gross margin, FY2024: 40.10%Gross margin, FY2025: 42.73%Operating margin, FY2021: 24.62%Operating margin, FY2022: 17.39%Operating margin, FY2023: 19.61%Operating margin, FY2024: 20.56%Operating margin, FY2025: 23.55%Net margin, FY2021: -25.59%Net margin, FY2022: 9.57%Net margin, FY2023: 8.90%Net margin, FY2024: 10.49%Net margin, FY2025: 13.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 46.91%. Gross margin FY2022 36.54%. Gross margin FY2023 39.41%. Gross margin FY2024 40.10%. Gross margin FY2025 42.73%. Operating margin FY2021 24.62%. Operating margin FY2022 17.39%. Operating margin FY2023 19.61%. Operating margin FY2024 20.56%. Operating margin FY2025 23.55%. Net margin FY2021 -25.59%. Net margin FY2022 9.57%. Net margin FY2023 8.90%. Net margin FY2024 10.49%. Net margin FY2025 13.06%.

Income trends

Revenue

9.04B USD+6.85%

Operating income

2.13B USD+22.36%

Net income

1.18B USD+33.00%
Income trends across reported periods10.09B USD5.89B USD1.68B USD−2.53B USDRevenue, FY2021: 5.78B USDRevenue, FY2022: 7.9B USDRevenue, FY2023: 8.31B USDRevenue, FY2024: 8.46B USDRevenue, FY2025: 9.04B USDOperating income, FY2021: 1.42B USDOperating income, FY2022: 1.37B USDOperating income, FY2023: 1.63B USDOperating income, FY2024: 1.74B USDOperating income, FY2025: 2.13B USDNet income, FY2021: −1.48B USDNet income, FY2022: 756M USDNet income, FY2023: 740M USDNet income, FY2024: 888M USDNet income, FY2025: 1.18B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.78B USD. Revenue FY2022 7.9B USD. Revenue FY2023 8.31B USD. Revenue FY2024 8.46B USD. Revenue FY2025 9.04B USD. Operating income FY2021 1.42B USD. Operating income FY2022 1.37B USD. Operating income FY2023 1.63B USD. Operating income FY2024 1.74B USD. Operating income FY2025 2.13B USD. Net income FY2021 −1.48B USD. Net income FY2022 756M USD. Net income FY2023 740M USD. Net income FY2024 888M USD. Net income FY2025 1.18B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue9.04B USD8.46B USD8.31B USD7.9B USD5.78B USD
Cost of goods sold5.18B USD5.07B USD5.04B USD5.02B USD3.07B USD
Gross profit3.86B USD3.39B USD3.28B USD2.89B USD2.71B USD
Selling, general, and administrative——−40M USD−47M USD−21M USD
Operating expenses1.74B USD1.65B USD1.65B USD1.51B USD1.29B USD
Interest income20M USD33M USD32M USD4M USD12M USD
Interest expense808M USD738M USD666M USD513M USD918M USD
Depreciation and amortization1.42B USD1.36B USD1.34B USD1.23B USD1.12B USD
Operating income2.13B USD1.74B USD1.63B USD1.37B USD1.42B USD
Net income1.18B USD888M USD740M USD756M USD−1.48B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+1.47%
11 comparable reports
Latest EPS result
0.33
Estimate 0.34 · Miss by 3.11%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.670.540.410.28Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 0.34, estimate 0.37, surprise -8.11%, Miss. Q2 2025, reported Apr 30, 2025: actual 0.6, estimate 0.553, surprise +8.50%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.32, estimate 0.385, surprise -16.95%, Miss. Q4 2025, reported Nov 5, 2025: actual 0.48, estimate 0.46, surprise +4.42%, Beat. Q1 2026, reported Feb 20, 2026: actual 0.41, estimate 0.409, surprise +0.20%, Beat. Q2 2026, reported May 8, 2026: actual 0.63, estimate 0.616, surprise +2.27%, Beat. Q3 2026, reported Aug 7, 2026: actual 0.33, estimate 0.341, surprise -3.11%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.52, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.88B2.49B2.1B1.7BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 2.21B USD, estimate 2.51B USD, surprise -11.74%, Miss. Q2 2025, reported Apr 30, 2025: actual 2.5B USD, estimate 2.15B USD, surprise +16.44%, Beat. Q3 2025, reported Jul 31, 2025: actual 2.03B USD, estimate 1.81B USD, surprise +11.61%, Beat. Q4 2025, reported Nov 5, 2025: actual 2.24B USD, estimate 2.05B USD, surprise +8.96%, Beat. Q1 2026, reported Feb 20, 2026: actual 2.27B USD, estimate 2.42B USD, surprise -6.05%, Miss. Q2 2026, reported May 8, 2026: actual 2.77B USD, estimate 2.51B USD, surprise +10.59%, Beat. Q3 2026, reported Aug 7, 2026: actual 2.11B USD, estimate 2.19B USD, surprise -3.62%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 2.42B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$41.25

19.98% upside
Past 12 months12-month forecastHigh $48.00Average $41.25Low $37.00

Rating distribution

29 ratings
Strong buy13%
Buy2069%
Hold828%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

PPL news

defenseworld.net

52,080 Shares in PPL Corporation $PPL Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC acquired a new position in PPL Corporation (NYSE: PPL) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The…

Read source
defenseworld.net

Danske Bank A S Invests $850,000 in PPL Corporation $PPL

Danske Bank A S bought a new position in shares of PPL Corporation (NYSE: PPL) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The…

Read source
prnewswire.com

PPL to Pay Quarterly Stock Dividend Oct. 1, 2026

ALLENTOWN, Pa., Aug. 21, 2026 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 21, 2026, of $0.2850 per share payable Oct. 1, 2026, to shareowners of record as of…

Read source
zacks.com

Can PPL's Improving Cash Flow Support Its Long-Term Growth Plan?

PPL Corporation's PPL cash generation is improving, supported by higher earnings and operating performance. This provides greater financial flexibility and helps the company support its ongoing investments in…

Read source
defenseworld.net

Baxter Bros Inc. Invests $610,000 in Pembina Pipeline Corp. $PBA

Baxter Bros Inc. bought a new position in shares of Pembina Pipeline Corp. (NYSE: PBA) (TSE: PPL) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).…

Read source
zacks.com

Is PPL (PPL) a Buy as Wall Street Analysts Look Optimistic?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.09

2025 complete year-34.3% since 2021

2026 partial: $0.57

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 10, 2026

$0.285

Quarterly

Record Sep 10, 2026 · Payment Oct 1, 2026

Dividend

Ex-dividend Jun 10, 2026

$0.285

Quarterly

Record Jun 10, 2026 · Payment Jul 1, 2026

Dividend

Ex-dividend Mar 10, 2026

$0.285

Quarterly

Record Mar 10, 2026 · Payment Apr 1, 2026

Dividend

Ex-dividend Dec 10, 2025

$0.2725

Quarterly

Record Dec 10, 2025 · Payment Jan 2, 2026

Dividend

Ex-dividend Sep 10, 2025

$0.2725

Quarterly

Record Sep 10, 2025 · Payment Oct 1, 2025

Dividend

Ex-dividend Jun 10, 2025

$0.2725

Quarterly

Record Jun 10, 2025 · Payment Jul 1, 2025

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ETFs holding PPL

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
801M
Weight
0.03%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
695.6M
Weight
0.04%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
544.64M
Weight
0.24%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
State Street Utilities Select Sector SPDR ETF logoState Street Utilities Select Sector SPDR ETFXLU
Market value
435.8M
Weight
1.94%
AUM
22.48B USD
Expense ratio
0.08%
Price / 1D
$42.77-2.28%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
356.94M
Weight
0.04%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
329.36M
Weight
0.04%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
239.66M
Weight
0.09%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
iShares Select Dividend ETF logoiShares Select Dividend ETFDVY
Market value
215.64M
Weight
0.90%
AUM
23.86B USD
Expense ratio
0.38%
Price / 1D
$164.09-0.16%

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