PPL Corp
PPL Corp (PPL) is listed on NYSE and classified in Utilities - Regulated Electric, part of the Utilities sector. It is headquartered in Allentown, United States and has 6,546 employees. The company is worth $26.6B and trades at 20.4x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $9.17B in fiscal 2025, up 8.4% from the year before. Net income was $1.18B. The share price is 11.9% below its 52-week high of $40.11. It pays a dividend yielding 3.22%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $521.85M. In that quarter, 6 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +26.4% over 5Y.
today you would have $1,452.27▲ +45.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $35.02 | $32.46 | $27.10 | $29.22 | $30.06 | $28.20 | $35.88 | $28.33 | $30.95 | $34.05 | $34.13 | $33.84 | $28.03 | $26.67 | $27.40 | $24.51 | $30.09 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.2% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 15.4 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 13.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 1.2% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| FEFirstenergy Corp | $46.49 | 24.9x | 2.1x | 4.00% | 9.49% | $26.9B |
| CNPCenterpoint Energy Inc | $41.20 | 23.8x | 2.3x | 2.33% | 9.82% | $27.14B |
| DTEDTE Energy Co | $133.06 | 21.1x | 2.3x | 3.50% | 11.03% | $27.69B |
| ESEversource Energy | $67.84 |
| $28.58 |
| $48.52 |
| P/E | 15.4x | 22.0x | 27.0x | 27.1x | 28.6x | — | 14.8x | 15.1x | 11.0x | 18.9x | 12.2x | 33.8x | 13.0x | 15.9x | 11.0x | 10.9x | 12.1x | 29.9x | 12.4x | 15.6x |
| P/S | 2.8x | 2.9x | 2.8x | 2.4x | 2.7x | 3.8x | 4.0x | 4.9x | 2.6x | 2.9x | 3.1x | 3.0x | 3.1x | 2.6x | 1.4x | 1.3x | 1.5x | 1.6x | 1.5x | 3.1x |
| P/B | 1.8x | 1.8x | 1.7x | 1.4x | 1.5x | 1.6x | 1.6x | 2.1x | 1.8x | 2.0x | 2.3x | 2.3x | 1.8x | 1.5x | 1.6x | 1.6x | 1.5x | 2.2x | 2.3x | 3.4x |
| EPS | $1.59 | $1.20 | $1.00 | $1.02 | -$1.93 | $1.91 | $2.37 | $2.58 | $1.64 | $2.79 | $1.01 | $2.61 | $1.76 | $2.42 | $2.51 | $2.02 | $1.01 | $2.30 | $3.11 |
| Dividend yield | 4.46% | 3.12% | 3.18% | 3.54% | 2.99% | 5.52% | 5.89% | 4.60% | 5.79% | 5.11% | 4.46% | 4.33% | 4.11% | 4.89% | 5.03% | 4.76% | 5.32% | 4.27% | 4.37% | 2.34% |
| Payout | 69.19% | 68.68% | 86.00% | 96.00% | 85.78% | — | 86.91% | 69.70% | 63.57% | 96.34% | 54.48% | 146.18% | 53.24% | 77.79% | 55.38% | 51.85% | 64.52% | 127.78% | 54.25% | 36.53% |
| Profit margin | 12.58% | 12.88% | 10.49% | 8.90% | 9.57% | -25.35% | 26.84% | 31.17% | 23.47% | 15.15% | 25.30% | 8.89% | 22.12% | 15.56% | 12.58% | 11.74% | 11.01% | 5.46% | 11.84% | 19.93% |
| ROE | 10.98% | 7.94% | 6.31% | 5.31% | 5.43% | -10.78% | 10.98% | 13.44% | 15.67% | 10.48% | 19.21% | 6.88% | 12.75% | 9.06% | 14.54% | 13.81% | 11.43% | 7.41% | 18.32% | 21.92% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-25.0% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 17.6x |
| 1.6x |
| 4.64% |
| 9.02% |
| $25.55B |
| AWKAmerican Water Works Company, Inc. | $143.23 | 24.8x | 2.4x | 2.50% | 10.10% | $28.46B |
| ATOAtmos Energy Corp | $173.91 | 20.7x | 1.9x | 2.30% | 9.79% | $29.39B |