← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

PPL logoPPL Corporation(PPL)Earnings, Financials & Key Ratios

PPL•NYSE•Utilities
$36.88
$27.48B mkt cap·23.1× P/E·Price updated May 6, 2026
SectorUtilitiesIndustryElectric UtilitiesSub-IndustryElectric and gas combination utilities
AboutPPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.Show more
  • Revenue$9.04B+6.9%
  • EBITDA$3.54B+14.1%
  • Net Income$1.18B+33.0%
  • Free Cash Flow-$1.4B-201.3%
  • EBITDA Margin39.1%+6.8%
  • Net Margin13.06%+24.5%
  • ROE6.62%+4.3%
  • Interest Coverage2.64+11.9%
  • Debt/Equity0.85-28.5%
  • Net Debt/EBITDA4.92-7.7%
  • CapEx / Revenue44.57%+34.5%
  • CapEx Coverage0.65-21.8%
Analysis→Technical→

PPL Key Insights

PPL Corporation (PPL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Healthy dividend yield of 2.9%
  • ✓Trading at only 1.3x book value

✗Weaknesses

  • ✗High leverage: 5.2x Debt/EBITDA

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PPL Price & Volume

PPL Corporation (PPL) stock price & volume — 10-year historical chart

Loading chart...

PPL Growth Metrics

PPL Corporation (PPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.66%
5 Years10.56%
3 Years4.59%
TTM6.85%

Profit CAGR

10 Years5.64%
5 Years-4.27%
3 Years16.03%
TTM33%

EPS CAGR

10 Years4.71%
5 Years-3.48%
3 Years16.19%
TTM32.23%

Return on Capital

10 Years5.54%
5 Years4.67%
3 Years4.88%
Last Year5.26%

PPL Recent Earnings

PPL Corporation (PPL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 20, 2026
EPS
$0.41
Est $0.41
+0.2%
Revenue
$2.3B
Est $2.4B
-6.0%
Q4 2025
Nov 5, 2025
EPS
$0.48
Est $0.46
+4.4%
Revenue
$2.2B
Est $2.1B
+9.0%
Q3 2025
Jul 31, 2025
EPS
$0.32
Est $0.39
-16.9%
Revenue
$2.0B
Est $1.8B
+11.6%
Q2 2025
Apr 30, 2025
EPS
$0.60
Est $0.55
+8.5%
Revenue
$2.5B
Est $2.2B
+16.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 20, 2026
$0.41vs $0.41+0.2%
$2.3Bvs $2.4B-6.0%
Q4 2025Nov 5, 2025
$0.48vs $0.46+4.4%
$2.2Bvs $2.1B+9.0%
Q3 2025Jul 31, 2025
$0.32vs $0.39-16.9%
$2.0Bvs $1.8B+11.6%
Q2 2025Apr 30, 2025
$0.60vs $0.55+8.5%
$2.5Bvs $2.2B+16.4%
Based on last 12 quarters of dataView full earnings history →

PPL Peer Comparison

PPL Corporation (PPL) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
AEE logoAEEAmeren CorporationDirect Competitor30.32B109.5920.4815.43%17.17%11.6%1.47
WEC logoWECWEC Energy Group, Inc.Direct Competitor37.11B113.9423.5913.96%16.25%11.64%1.59
EVRG logoEVRGEvergy, Inc.Direct Competitor18.65B80.9922.132.37%14.63%8.22%0.07
OGE logoOGEOGE Energy Corp.Direct Competitor9.85B47.7320.579.21%14.03%9.47%1.14
AVA logoAVAAvista CorporationDirect Competitor3.35B40.5817.051.34%9.83%7.25%1.25
NWE logoNWENorthwestern Energy Group IncDirect Competitor4.37B71.0824.186.38%10.21%5.8%1.14
ED logoEDConsolidated Edison, Inc.Product Competitor25.17B106.8718.9510.89%12.26%8.42%0.01
ES logoESEversource EnergyProduct Competitor25.75B68.5215.0313.83%12.49%10.6%1.85

Compare PPL vs Peers

PPL Corporation (PPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AEE

Most directly comparable listed peer for PPL.

Scale Benchmark

vs NEE

Larger-name benchmark to compare PPL against a more recognizable public peer.

Peer Set

Compare Top 5

vs AEE, WEC, EVRG, OGE

PPL Income Statement

PPL Corporation (PPL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue7.45B7.79B5.6B5.47B5.78B7.9B8.31B8.46B9.04B
Revenue Growth %-0.93%4.54%-28.04%-2.28%5.64%36.64%5.19%1.8%6.85%
Cost of Revenue3.25B3.53B2.94B2.69B3.07B5.01B5.04B5.07B5.51B
Gross Profit
4.2B▲ 0%
4.26B▲ 1.4%
2.66B▼ 37.5%
2.79B▲ 4.8%
2.71B▼ 2.7%
2.89B▲ 6.4%
3.28B▲ 13.5%
3.39B▲ 3.6%
3.53B▲ 4.1%
Gross Margin %56.41%54.69%47.5%50.93%46.91%36.54%39.41%40.1%39.05%
Gross Profit Growth %0.91%1.36%-37.51%4.77%-2.69%6.41%13.47%3.57%4.07%
Operating Expenses1.3B1.41B1.14B1.2B1.29B1.51B1.65B1.65B1.4B
Other Operating Expenses---------
EBITDA4.01B4.02B2.53B2.67B2.54B2.61B2.96B3.1B3.54B
EBITDA Margin %53.79%51.69%45.22%48.7%44.01%32.99%35.67%36.6%39.1%
EBITDA Growth %1.62%0.45%-37.05%5.25%-4.54%2.44%13.73%4.45%14.14%
Depreciation & Amortization1.1B1.17B1.01B1.08B1.12B1.23B1.33B1.36B1.4B
D&A / Revenue %14.84%15.05%17.98%19.73%19.38%15.6%16.06%16.04%15.53%
Operating Income (EBIT)
2.9B▲ 0%
2.85B▼ 1.7%
1.53B▼ 46.5%
1.59B▲ 3.9%
1.42B▼ 10.2%
1.37B▼ 3.5%
1.63B▲ 18.6%
1.74B▲ 6.7%
2.13B▲ 22.5%
Operating Margin %38.96%36.63%27.24%28.97%24.62%17.39%19.61%20.56%23.57%
Operating Income Growth %-1.19%-1.69%-46.49%3.93%-10.21%-3.51%18.63%6.75%22.47%
Interest Expense901M963M621M634M918M513M666M738M808M
Interest Coverage3.22x2.96x2.46x2.50x1.55x2.68x2.45x2.36x2.64x
Interest / Revenue %12.1%12.37%11.09%11.58%15.87%6.49%8.01%8.72%8.94%
Non-Operating Income-1000K-1000K-1000K-1000K-1000K-1000K-1000K-1000K-1000K
Pretax Income
1.91B▲ 0%
2.29B▲ 19.5%
919M▼ 59.8%
954M▲ 3.8%
521M▼ 45.4%
915M▲ 75.6%
924M▲ 1.0%
1.12B▲ 20.8%
1.47B▲ 31.9%
Pretax Margin %25.67%29.35%16.4%17.43%9.01%11.58%11.12%13.19%16.28%
Income Tax784M458M183M314M503M201M184M228M291M
Effective Tax Rate %41%20.04%19.91%32.91%96.55%21.97%19.91%20.43%19.77%
Net Income
1.13B▲ 0%
1.83B▲ 62.0%
1.75B▼ 4.4%
1.47B▼ 15.9%
-1.48B▼ 200.7%
756M▲ 151.1%
740M▼ 2.1%
888M▲ 20.0%
1.18B▲ 33.0%
Net Margin %15.15%23.47%31.17%26.84%-25.59%9.57%8.9%10.49%13.06%
Net Income Growth %-40.69%61.97%-4.43%-15.86%-200.75%151.08%-2.12%20%33%
EPS (Diluted)
1.64▲ 0%
2.58▲ 57.3%
2.37▼ 8.1%
1.91▼ 19.4%
-1.93▼ 201.0%
1.02▲ 152.8%
1.00▼ 2.0%
1.20▲ 20.0%
1.60▲ 33.3%
EPS Growth %-41.22%57.32%-8.14%-19.41%-201.05%152.85%-1.96%20%33.33%
EPS (Basic)1.642.592.391.91-1.931.021.001.201.60
Diluted Shares Outstanding687.33M708.62M736.75M769.38M764.82M736.9M738.17M739.85M745.14M

PPL Balance Sheet

PPL Corporation (PPL) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets41.48B43.4B45.68B48.12B33.22B37.84B39.24B41.07B45.24B
Asset Growth %8.26%4.62%5.26%5.33%-30.95%13.89%3.7%4.67%10.17%
PP&E (Net)33.09B34.46B36.48B24.5B25.47B30.24B31.42B33.15B71M
PP&E / Total Assets %79.78%79.4%79.86%50.92%76.66%79.92%80.07%80.72%0.16%
Total Current Assets2.29B2.43B2.77B20.9B5.01B2.82B2.93B2.88B2.3B
Cash & Equivalents485M621M815M442M3.57B356M331M306M1.07B
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Inventory320M303M332M302M322M443M505M511M0
Other Current Assets199M279M245M19.2B164M485M344M481M0
Long-Term Investments00000002M0
Goodwill3.26B3.16B3.2B716M716M2.25B2.25B2.25B2.25B
Intangible Assets697M717M743M351M343M313M306M314M327M
Other Assets2.14B2.63B2.49B1.65B1.69B2.21B2.33B2.48B0
Total Liabilities30.72B31.74B32.69B34.74B19.5B23.92B25.3B26.99B23.62B
Total Debt21.27B22.03B23.04B15.86B11.21B14.23B15.6B16.81B18.45B
Net Debt20.79B21.41B22.23B15.41B7.64B13.87B15.27B16.5B17.38B
Long-Term Debt19.85B20.07B20.72B13.62B10.67B12.89B14.61B15.95B17.99B
Short-Term Borrowings1.43B1.96B2.32B2.24B543M1.34B993M854M456M
Capital Lease Obligations000000000
Total Current Liabilities4.02B4.56B4.9B15.05B2.32B3.79B3.34B3.33B2.02B
Accounts Payable924M989M956M745M679M1.2B1.1B1.2B1.56B
Accrued Expenses282M278M294M113M81M97M124M157M0
Deferred Revenue292M257M261M300M00000
Other Current Liabilities719M673M650M11.27B619M862M816M837M0
Deferred Taxes1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Liabilities4.26B4.18B3.86B3.42B3.24B4.12B4.13B4.24B0
Total Equity
10.76B▲ 0%
11.66B▲ 8.3%
12.99B▲ 11.4%
13.37B▲ 2.9%
13.72B▲ 2.6%
13.92B▲ 1.4%
13.93B▲ 0.1%
14.08B▲ 1.0%
21.62B▲ 53.6%
Equity Growth %8.71%8.33%11.44%2.94%2.62%1.42%0.11%1.03%53.61%
Shareholders Equity10.76B11.66B12.99B13.37B13.72B13.91B13.93B14.08B14.88B
Minority Interest000003M000
Common Stock7M7M8M8M8M8M8M8M8M
Additional Paid-in Capital10.3B11.02B12.21B12.27B12.3B12.32B12.33B12.35B12.44B
Retained Earnings3.87B4.59B5.13B5.32B2.57B2.68B2.71B2.83B3.21B
Accumulated OCI-3.42B-3.96B-4.36B-4.22B-157M-124M-163M-184M-202M
Return on Assets (ROA)2.83%4.31%3.92%3.13%-3.64%2.13%1.92%2.21%2.74%
Return on Equity (ROE)10.92%16.3%14.17%11.14%-10.92%5.47%5.31%6.34%6.62%
Debt / Equity1.98x1.89x1.77x1.19x0.82x1.02x1.12x1.19x0.85x
Debt / Assets51.29%50.76%50.45%32.96%33.74%37.6%39.77%40.92%40.77%
Net Debt / EBITDA5.19x5.32x8.78x5.78x3.00x5.32x5.15x5.33x4.92x
Book Value per Share15.6616.4517.6317.3817.9418.8918.8819.0329.02

PPL Cash Flow Statement

PPL Corporation (PPL) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations2.46B2.82B2.43B2.75B2.27B1.73B1.76B2.34B2.63B
Operating CF Growth %-14.84%14.63%-13.97%13.14%-17.33%-23.79%1.62%33.11%12.35%
Operating CF / Revenue %33.05%36.24%43.32%50.16%39.25%21.89%21.15%27.65%29.08%
Net Income1.13B1.83B736M640M18M714M740M888M1.18B
Depreciation & Amortization1.1B1.17B1.01B1.08B1.12B1.23B1.33B1.36B1.42B
Deferred Taxes707M355M169M169M87M179M322M196M192M
Other Non-Cash Items-471M-712M656M713M985M-41M-533M-140M-87M
Working Capital Changes-46M153M-177M115M22M-392M-139M-7M-79M
Capital Expenditures-3.13B-3.24B-3.08B-2.27B7.96B-5.65B-2.39B-2.81B-4.03B
CapEx / Revenue %42.58%41.59%55.03%59.35%137.59%71.55%28.75%33.15%44.57%
CapEx / D&A2.87x2.76x3.06x3.01x7.10x4.59x1.79x2.07x2.83x
CapEx Coverage (OCF/CapEx)0.78x0.87x0.79x0.85x0.29x0.31x0.74x0.83x0.65x
Cash from Investing-3.16B-3.36B-3.08B-3.26B7.96B-5.65B-2.38B-2.82B-4B
Acquisitions000010.56B-3.51B000
Purchase of Investments0-65M-55M000000
Sale of Investments001000K1000K01000K000
Other Investing-28M-64M-11M-18M-630M-131M7M-13M26M
Cash from Financing824M690M836M386M-7.39B709M650M435M2.12B
Dividends Paid-1.07B-1.13B-1.19B-1.27B-1.28B-787M-704M-747M-794M
Dividend Payout Ratio %95.04%62.01%68.27%86.79%-104.1%95.14%84.12%67.23%
Debt Issuance (Net)1000K1000K1000K1000K-1000K1000K1000K1000K1000K
Stock Issued453M698M1.17B09M000401M
Share Repurchases0000-1B0000
Other Financing-19M-20M-26M458M-72M-6M-51M-23M-67M
Net Change in Cash
144M▲ 0%
132M▼ 8.3%
193M▲ 46.2%
-375M▼ 294.3%
3.13B▲ 934.4%
-3.21B▼ 202.7%
25M▲ 100.8%
-43M▼ 272.0%
747M▲ 1837.2%
Exchange Rate Effect1000K-1000K1000K-1000K1000K0000
Cash at Beginning341M511M643M818M443M3.57B357M382M339M
Cash at End485M643M836M443M3.57B357M382M339M1.09B
Free Cash Flow
-710M▲ 0%
-417M▲ 41.3%
-656M▼ 57.3%
476M▲ 172.6%
10.23B▲ 2048.5%
-3.92B▼ 138.4%
-632M▲ 83.9%
-465M▲ 26.4%
-1.4B▼ 201.3%
FCF Growth %-959.7%41.27%-57.31%172.56%2048.53%-138.37%83.89%26.42%-201.29%
FCF Margin %-9.53%-5.36%-11.71%8.7%176.85%-49.66%-7.6%-5.5%-15.49%
FCF / Net Income %-62.94%-22.82%-37.57%32.4%-691.01%-519.05%-85.41%-52.36%-118.63%

PPL Key Ratios

PPL Corporation (PPL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)19.19%10.92%16.3%14.17%11.14%-10.92%5.47%5.31%6.34%6.62%
EBITDA Margin52.44%53.79%51.69%45.22%48.7%44.01%32.99%35.67%36.6%39.1%
Net Debt / EBITDA4.80x5.19x5.32x8.78x5.78x3.00x5.32x5.15x5.33x4.92x
Interest Coverage3.31x3.22x2.96x2.46x2.50x1.55x2.68x2.45x2.36x2.64x
CapEx / Revenue39.34%42.58%41.59%55.03%59.35%137.59%71.55%28.75%33.15%44.57%
Dividend Payout Ratio54.15%95.04%62.01%68.27%86.79%-104.1%95.14%84.12%67.23%
Debt / Equity1.94x1.98x1.89x1.77x1.19x0.82x1.02x1.12x1.19x0.85x
EPS Growth176.24%-41.22%57.32%-8.14%-19.41%-201.05%152.85%-1.96%20%33.33%

PPL SEC Filings & Documents

PPL Corporation (PPL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 24, 2026·SEC

Material company update

Mar 13, 2026·SEC

Material company update

Mar 6, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 13, 2025·SEC

10-Q Quarterly Reports

3
FY 2025

Nov 5, 2025·SEC

FY 2025

Jul 31, 2025·SEC

FY 2025

Apr 30, 2025·SEC

PPL Frequently Asked Questions

PPL Corporation (PPL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

PPL Corporation (PPL) reported $9.04B in revenue for fiscal year 2025. This represents a 211% increase from $2.91B in 1996.

PPL Corporation (PPL) grew revenue by 6.9% over the past year. This is steady growth.

Yes, PPL Corporation (PPL) is profitable, generating $1.18B in net income for fiscal year 2025 (13.1% net margin).

Dividend & Returns

Yes, PPL Corporation (PPL) pays a dividend with a yield of 2.89%. This makes it attractive for income-focused investors.

PPL Corporation (PPL) has a return on equity (ROE) of 6.6%. This is below average, suggesting room for improvement.

PPL Corporation (PPL) had negative free cash flow of $1.40B in fiscal year 2025, likely due to heavy capital investments.

Industry Metrics

PPL Corporation (PPL) has a dividend payout ratio of 67%. This suggests the dividend is well-covered and sustainable.

Explore More PPL

PPL Corporation (PPL) financial analysis — history, returns, DCA and operating performance tools

Full PPL Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.