NYSE · PPLC

PPL Corporation

Utilities · Regulated Electric

$45.70▼ 0.65% ($0.30)today

As of 1:52 PM ET

52-week

$45.65$52.57

Market cap

$33.94B

P/E

27.33

Volume

6.79K

Shares outstanding

742.70M

Valuation

Recommended · Earnings Power Value

Price used

$45.70

Zero-growth earnings power / share

-$9.81

Zero-growth base case

This estimate is 121.46% below the price used.

USD · Financial years 2019–2025 · 7 years normalized

Method, dates & sources

The value of normalized operating earnings assuming no future growth. Conservative and optimistic figures vary the discount rate.

Price timestamp: Sep 14, 2026, 5:52 PM UTC
Financial statement period: Financial years 2019–2025 · 7 years normalized
Data refreshed: Sep 14, 2026, 6:17 PM UTC · provider

Why this method?

The company is still too young and does not have a stable, multi-year FCFF base. Use EV/Revenue multiples and comparable transactions instead of a DCF.

Is FCFF positive and has it been for 3+ consecutive years? Latest FCFF is not positive.

Is there enough operating history to anchor a DCF? Only 0 years of public or statement history are available, so multiples are more decision-useful than a DCF here.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: -10.2%Revenue (TTM): 6.73%FCF (TTM): 140.58%

What changed

The stock fell 10.2% over the last year. Revenue grew 6.73% over the trailing twelve months. Operating margin moved from 21.45% to 24.02%. Free cash flow grew 140.58% over the trailing twelve months.

What the market seems to be pricing

The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 24.02%. A decisive move in revenue — currently up 6.73% — would be the clearest signal to resolve the ambiguity.

Performance

Monthly returns

Company profile

PPL Corp. engages in the generation, transmission and distribution of electricity.

CEOVincent Sorgi

SectorUtilities

IndustryRegulated Electric

Employees6,546

IPO dateFeb 24, 2026

https://www.pplweb.com

Market multiples

Forward P/E—

EV/EBITDA15.13

Enterprise value$55.91B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth4.25%

Gross margin (FY2025)42.73%▲2.6ppvs FY2024

Operating margin (FY2025)23.55%▲3.0ppvs FY2024

ROE8.63%▲0.5ppvs FY2025

Analyst consensus

Rating—

Target price—

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Oct 29, 2026

Q4 FY26 · EPS est $0.53 · Revenue est $2.42B

View

Dividends

$1.63/shareQuarterlyAt Risk

PPLC pays a dividend with a 3.57% forward yield, covered -1.8× by free cash flow.

Forward Yield

3.57%

Annual Div / Share

$1.63

CAGR

—

Payout Ratio

64.61%

At Risk

Dividend Growth Rate

Dividend Safety

2/10At Risk

Income Projection

Invest

USD

Growth rate:

Reinvest dividends

Today

$36/yr

$3/mo

In 5 yrs

$36/yr

$3/mo

In 10 yrs

$36/yr

$3/mo

Today	In 5 yrs	In 10 yrs
$36/yr $3/mo	$36/yr $3/mo	$36/yr $3/mo

Analysis

Dividend Strengths

No strong strength signal stands out from the latest period pair.

Risks to Watch

Dividend exceeds free cash flow

Free cash flow covers only -1.76× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.

NYSE · PPLC

PPL Corporation

Utilities · Regulated Electric

$45.70▼ 0.65% ($0.30)today

As of 1:52 PM ET

52-week

$45.65$52.57

Market cap

$33.94B

P/E

27.33

Volume

6.79K

Shares outstanding

742.70M

Valuation

Recommended · Earnings Power Value

Price used

$45.70

Zero-growth earnings power / share

-$9.81

Zero-growth base case

This estimate is 121.46% below the price used.

USD · Financial years 2019–2025 · 7 years normalized

Method, dates & sources

The value of normalized operating earnings assuming no future growth. Conservative and optimistic figures vary the discount rate.

Price timestamp: Sep 14, 2026, 5:52 PM UTC
Financial statement period: Financial years 2019–2025 · 7 years normalized
Data refreshed: Sep 14, 2026, 6:17 PM UTC · provider

Why this method?

The company is still too young and does not have a stable, multi-year FCFF base. Use EV/Revenue multiples and comparable transactions instead of a DCF.

Is FCFF positive and has it been for 3+ consecutive years? Latest FCFF is not positive.

Is there enough operating history to anchor a DCF? Only 0 years of public or statement history are available, so multiples are more decision-useful than a DCF here.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: -10.2%Revenue (TTM): 6.73%FCF (TTM): 140.58%

What changed

The stock fell 10.2% over the last year. Revenue grew 6.73% over the trailing twelve months. Operating margin moved from 21.45% to 24.02%. Free cash flow grew 140.58% over the trailing twelve months.

What the market seems to be pricing

What would invalidate this read

Operating margin currently stands at 24.02%. A decisive move in revenue — currently up 6.73% — would be the clearest signal to resolve the ambiguity.

Performance

Monthly returns

Company profile

PPL Corp. engages in the generation, transmission and distribution of electricity.

CEOVincent Sorgi

SectorUtilities

IndustryRegulated Electric

Employees6,546

IPO dateFeb 24, 2026

https://www.pplweb.com

Market multiples

Forward P/E—

EV/EBITDA15.13

Enterprise value$55.91B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth4.25%

Gross margin (FY2025)42.73%▲2.6ppvs FY2024

Operating margin (FY2025)23.55%▲3.0ppvs FY2024

ROE8.63%▲0.5ppvs FY2025

Analyst consensus

Rating—

Target price—

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Oct 29, 2026

Q4 FY26 · EPS est $0.53 · Revenue est $2.42B

View

Dividends

$1.63/shareQuarterlyAt Risk

PPLC pays a dividend with a 3.57% forward yield, covered -1.8× by free cash flow.

Forward Yield

3.57%

Annual Div / Share

$1.63

CAGR

—

Payout Ratio

64.61%

At Risk

Dividend Growth Rate

Dividend Safety

2/10At Risk

Income Projection

Invest

USD

Growth rate:

Reinvest dividends

Today

$36/yr

$3/mo

In 5 yrs

$36/yr

$3/mo

In 10 yrs

$36/yr

$3/mo

Today	In 5 yrs	In 10 yrs
$36/yr $3/mo	$36/yr $3/mo	$36/yr $3/mo

Analysis

Dividend Strengths

No strong strength signal stands out from the latest period pair.

Risks to Watch

Dividend exceeds free cash flow

Free cash flow covers only -1.76× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.