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PPL Corporation

PPLC

NYSEUtilitiesRegulated Electric

Latest quote

$46.04

−$0.61 · -1.31%

Aug 21, 3:55 PM ET

PPLC company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

PPL Corp. engages in the generation, transmission and distribution of electricity. It operates through the following segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The Kentucky Regulated segment consists of LKE's regulated electricity generation, transmission and distribution operations of Louisville Gas and Electric Company and Kentucky Utilities Company as well as regulated distribution and sale of natural gas of Louisville Gas and Electric Company. The Rhode Island Regulated segment primarily consists of regulated electricity transmission and distribution operations and regulated distribution and sale of natural gas conducted by RIE. The Pennsylvania Regulated segment consists of the regulated electricity transmission and distribution operations of PPL Electric Utilities Corporation. The company was founded on June 4, 1920 and is headquartered in Allentown, PA.

Industry
Regulated Electric
Sector
Utilities
Headquarters
US
CEO
Vincent Sorgi
Listed since
Feb 24, 2026
Employees
6,546

Market position

Volume
8.3K
0.04× average
Average volume
234.42K
Average daily volume
Market cap
34.26B USD
Beta
0.59
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
27.14×
P/B (TTM)
2.31×
P/S (TTM)
3.65×
Dividend yield
3.54%

Profitability & efficiency

Gross margin
34.63%
Operating margin
24.02%
Net margin
13.47%

Financial health

Debt / equity
1.32×
Altman Z-score
1.13
Piotroski F-score
5 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
70%
7 beats, 3 misses, 0 met estimates
Average EPS surprise
+0.99%
10 comparable reports
Latest EPS result
0.33
Estimate 0.34 · Miss by 3.08%

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 0.374, surprise -9.02%, 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 -3.08%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.524, 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 Oct 29, 2026: actual —, estimate 2.42B USD, surprise —, Comparison unavailable.

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