PPL Corporation (PPLC) AI Stock Analysis
PPLC AI stock analysis summary
AI ResearchPPL Corporation (PPLC) is a regulated utility providing electricity and natural gas services to approximately 3.6 million customers across Kentucky, Pennsylvania, and Rhode Island. In FY2025, the company delivered $9.04B in revenue and $1.18B in net income, capping a 5-year revenue CAGR of 10.6% from FY2020 to FY2025. Trailing twelve months revenue stands at $9.40B, though heavy capital investments of $4.03B contributed to FY2025 free cash flow of -$1.40B.
- Market cap
- —
- Revenue (TTM)
- $9.40B
- P/E
- —
- 1Y return
- — S&P 500 16.8%
- Avg. target
- —
Bull case
- Revenue grew at a 5-year CAGR of 10.6% from FY2020 through FY2025, reaching $9.04B.
- Operating margin over the trailing twelve months reached 23.6%, exceeding the US-listed Utilities peer median of 22.6%.
- Quarterly earnings expanded by 21.2% year-over-year for the latest quarter ended June 30, 2026.
Bear case
- Free cash flow stood at -$1.40B in FY2025 as capital expenditures climbed to $4.03B.
- Total debt reached $19.85B against $332.0M in cash and short-term investments as of June 30, 2026.
- Short-term liquidity shows a current ratio of 0.91 alongside a debt-to-equity ratio of 1.32.
What PPL does
PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. Founded in 1920 and headquartered in Allentown, Pennsylvania, the company operates across three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. Operations include electricity transmission and distribution in eastern and central Pennsylvania, as well as generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island. PPL Corporation also handles natural gas distribution in Kentucky and Rhode Island, wholesale electricity sales in Kentucky, and power generation from coal, gas, hydro, and solar sources.
Growth and profitability
PPL Corporation achieved a 5-year revenue compound annual growth rate of 10.6% from FY2020 to FY2025. Annual revenue expanded from $5.78B in FY2021 to $7.90B in FY2022, $8.31B in FY2023, $8.46B in FY2024, and $9.04B in FY2025. Annual net income recovered from -$1.48B in FY2021 to $1.18B in FY2025, while operating margin expanded from 17.4% in FY2022 to 23.5% in FY2025. Over the trailing twelve months, revenue reached $9.40B with an operating margin of 23.6%. For the latest quarter ended June 30, 2026, year-over-year revenue growth matched the US-listed Utilities peer median of 4.2%, and quarterly earnings grew 21.2%.
Balance sheet and cash flow
As of June 30, 2026, PPL Corporation held $332.0M in cash and short-term investments against total debt of $19.85B, resulting in net debt of $19.52B. Shareholders' equity was $15.04B, resulting in a debt-to-equity ratio of 1.32 and a current ratio of 0.91 on total assets of $46.30B. In FY2025, operating cash flow stood at $2.63B. However, capital expenditures of $4.03B and dividends paid of $794.0M resulted in free cash flow of -$1.40B, while the 5-year share count change was 1.3%.
Valuation and performance
PPL Corporation has an enterprise value of $55.31B and a trailing twelve-month operating margin of 23.6%, compared to the 22.6% median across 113 US-listed Utilities peers. The median peer group valuation metrics include a trailing P/E of 20.6x, forward P/E of 17.2x, price-to-sales of 2.4x, and EV/EBITDA of 12.1x. The stock closed at $46.86 on October 16, 2026, within its 52-week range of $43.74 to $52.57. Meanwhile, the S&P 500 returned 16.8% over one year and 83.0% over five years, with PPLC maintaining a beta of 0.58.
What analysts expect
For the current fiscal year ending December 31, 2026, consensus estimates project PPL Corporation to generate revenue of $9.65B. Looking ahead to the next fiscal year, analysts forecast revenue to reach $10.21B, reflecting projected revenue growth of 5.8%. In the latest quarter ended June 30, 2026, the company posted year-over-year quarterly revenue growth of 4.2% alongside quarterly earnings growth of 21.2%.
Key risks and what to watch
- Net debt of $19.52B on total assets of $46.30B presents capital structure obligations.
- Free cash flow was negative in four of the past five fiscal years, including -$1.40B in FY2025.
- A current ratio of 0.91 as of June 30, 2026, indicates short-term obligations exceed current assets.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this PPLC AI stock analysis
This page is an AI-written research summary of PPL Corporation (PPLC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: PPLC income statement, PPLC balance sheet, PPLC key metrics, PPLC analyst forecast, PPLC chart. See the PPLC stock overview for the latest quote and news.
PPLC AI stock analysis FAQ
What was PPL Corporation's revenue for FY2025?
PPL Corporation reported annual revenue of $9.04B in FY2025, representing a 6.9% increase from $8.46B in FY2024.
What is PPL Corporation's current debt level?
As of June 30, 2026, PPL Corporation held total debt of $19.85B and cash and short-term investments of $332.0M, resulting in net debt of $19.52B.
What are analyst estimates for PPL Corporation's revenue?
Analysts estimate revenue of $9.65B for the fiscal year ending December 31, 2026, and $10.21B for the following fiscal year, representing 5.8% revenue growth.
What is PPLC's 52-week stock price range?
PPLC has traded between a 52-week low of $43.74 and a 52-week high of $52.57, closing at $46.86 on October 16, 2026.
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