PPL Corporation (PPL)
PPL Corporation is a utility holding company delivering electricity and natural gas in the United States. The company operates regulated segments in Kentucky and Pennsylvania, serving millions of customers.
Company Overview
PPL Corporation offers stable, regulated utility services in Kentucky and Pennsylvania, providing a reliable dividend yield of 3.03% and a defensive investment profile with a beta of 0.72, appealing to income-focused and risk-averse investors seeking consistent returns.
Investment Thesis
PPL Corporation presents a compelling investment opportunity due to its stable, regulated business model and attractive dividend yield of 3.03%. The company's operations in Kentucky and Pennsylvania provide a diversified revenue base and predictable earnings. With a beta of 0.72, PPL offers a defensive investment profile, making it suitable for risk-averse investors. The company's P/E ratio of 24.33 reflects its consistent profitability and growth potential within the regulated utility sector. Key value drivers include ongoing investments in infrastructure modernization and renewable energy projects. Upcoming regulatory approvals for rate adjustments in Kentucky and Pennsylvania could further enhance revenue growth and profitability. PPL's commitment to operational efficiency and customer service positions it for long-term success in the evolving energy landscape.
Key Highlights
- Market capitalization of $26.57 billion, reflecting its significant presence in the utility sector.
- P/E ratio of 24.33, indicating a reasonable valuation relative to its earnings.
- Dividend yield of 3.03%, providing an attractive income stream for investors.
- Profit margin of 12.2%, demonstrating efficient operations and profitability.
- Beta of 0.72, indicating lower volatility compared to the overall market, making it a defensive investment.
Competitors
Strengths
- Stable, regulated business model.
- Diversified revenue base across Kentucky and Pennsylvania.
- Attractive dividend yield.
- Defensive investment profile with low beta.
Weaknesses
- Exposure to regulatory risks and political uncertainties.
- Dependence on regulated rate approvals.
- Potential for increased competition from alternative energy sources.
- Capital intensive business with high debt levels.
Catalysts
- Upcoming: Regulatory approvals for rate adjustments in Kentucky and Pennsylvania.
- Ongoing: Investments in infrastructure modernization and smart grid technologies.
- Ongoing: Expansion of renewable energy portfolio.
- Ongoing: Customer growth initiatives in existing territories.
Risks
- Potential: Changes in regulatory policies and environmental regulations.
- Potential: Rising interest rates and increased borrowing costs.
- Potential: Economic downturns and reduced demand for electricity and natural gas.
- Potential: Cybersecurity threats and potential disruptions to operations.
- Ongoing: Dependence on regulatory rate approvals.
Growth Opportunities
- Expansion of Renewable Energy Portfolio: PPL has the opportunity to further expand its renewable energy portfolio, capitalizing on growing demand for clean energy and benefiting from government incentives. Investing in solar, wind, and hydro projects in Kentucky and Pennsylvania can drive revenue growth and enhance its environmental profile. The renewable energy market is projected to reach $1.1 trillion by 2027, offering substantial growth potential for PPL.
- Infrastructure Modernization: Ongoing investments in modernizing its electric grid and natural gas infrastructure will improve reliability, reduce outages, and enhance operational efficiency. These investments will also support the integration of renewable energy sources and smart grid technologies. With aging infrastructure across the United States, PPL's modernization efforts will position it for long-term growth and resilience.
- Rate Base Growth: PPL can drive revenue growth by expanding its rate base through strategic investments in new infrastructure and acquisitions. Securing regulatory approvals for rate adjustments in Kentucky and Pennsylvania will allow the company to recover its investments and generate attractive returns. Rate base growth is a key driver of earnings growth for regulated utilities, providing a stable and predictable source of revenue.
- Customer Growth in Existing Territories: PPL can focus on increasing its customer base in its existing service territories through targeted marketing and customer acquisition efforts. Population growth and economic development in Kentucky and Pennsylvania will drive demand for electricity and natural gas, creating opportunities for PPL to expand its customer base and increase revenue. The company can also leverage its strong customer service reputation to attract and retain customers.
- Strategic Acquisitions: PPL can pursue strategic acquisitions of other utility companies or assets to expand its geographic footprint and diversify its revenue streams. Acquiring utilities in adjacent states or complementary businesses can create synergies and enhance PPL's competitive position. The utility sector is consolidating, and PPL can capitalize on opportunities to acquire undervalued assets and expand its market share.
Opportunities
- Expansion of renewable energy portfolio.
- Infrastructure modernization and smart grid investments.
- Rate base growth through strategic investments.
- Customer growth in existing territories.
Threats
- Changes in regulatory policies and environmental regulations.
- Rising interest rates and increased borrowing costs.
- Economic downturns and reduced demand for electricity and natural gas.
- Cybersecurity threats and potential disruptions to operations.
Competitive Advantages
- Regulated utility operations provide a natural monopoly.
- High barriers to entry due to infrastructure costs and regulatory requirements.
- Established customer base with long-term relationships.
- Essential service with stable demand.
About
Founded in 1920 and headquartered in Allentown, Pennsylvania, PPL Corporation has evolved into a prominent utility holding company with a significant presence in the regulated energy sector. The company operates primarily through its Kentucky Regulated and Pennsylvania Regulated segments. In Kentucky, PPL serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and surrounding areas, as well as 538,000 electric customers in central, southeastern, and western Kentucky. Additionally, it provides electricity to 28,000 customers in five counties in southwestern Virginia. In Pennsylvania, PPL delivers electricity to approximately 1.4 million customers. PPL generates electricity from a diverse mix of sources, including coal, gas, hydro, and solar, primarily in Kentucky, and also sells wholesale electricity to two municipalities in the state. The company's regulated business model provides a stable revenue stream and predictable earnings, making it an attractive investment for those seeking consistent returns in the utility sector. PPL's commitment to infrastructure investment and operational efficiency further strengthens its competitive position and long-term growth prospects.
What They Do
- Delivers electricity to approximately 1.4 million customers in Pennsylvania.
- Provides electric services to approximately 429,000 customers in Louisville and adjacent areas in Kentucky.
- Supplies natural gas to approximately 333,000 customers in Louisville and adjacent areas in Kentucky.
- Serves approximately 538,000 electric customers in central, southeastern, and western Kentucky.
- Provides electric services to approximately 28,000 customers in five counties in southwestern Virginia.
- Generates electricity from coal, gas, hydro, and solar sources in Kentucky.
- Sells wholesale electricity to two municipalities in Kentucky.
Business Model
- Generates revenue through regulated electricity and natural gas distribution.
- Invests in infrastructure and recovers costs through regulated rates.
- Focuses on operational efficiency to maintain profitability.
- Complies with regulatory requirements to ensure reliable service.
Industry Context
PPL Corporation operates within the regulated electric utility industry, characterized by stable demand and predictable revenue streams. The industry is undergoing a transformation driven by the increasing adoption of renewable energy sources and the modernization of grid infrastructure. PPL competes with other major utility companies such as AEE (Ameren Corporation), ATO (Atmos Energy Corporation), CMS (CMS Energy Corporation), DTE (DTE Energy Company), and EBR (Enbridge Inc.). These companies are all vying for market share in a sector that is essential to modern life. PPL's focus on regulated markets and infrastructure investments positions it well to capitalize on these trends and maintain its competitive edge.
Key Customers
- Residential customers in Kentucky and Pennsylvania.
- Commercial customers in Kentucky and Pennsylvania.
- Industrial customers in Kentucky and Pennsylvania.
- Municipalities in Kentucky (wholesale electricity).
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2024 | $2.07B | $214M | $0.29 |
| Q4 2024 | $2.21B | $177M | $0.24 |
| Q1 2025 | $2.50B | $414M | $0.56 |
| Q2 2025 | $2.02B | $183M | $0.25 |
Source: Company filings
Chart & Info
Price Chart
PPL Corporation (PPL) stock price: $37.82 (+0.00, +0.00%)
Latest News
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Earnings Scheduled For February 20, 2026
benzinga · Feb 20, 2026
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Western Union, Dropbox And 3 Stocks To Watch Heading Into Friday
benzinga · Feb 20, 2026
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PPL to Release Q4 Earnings: Time to Buy, Hold or Sell the Stock?
Zacks · Feb 16, 2026
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Earnings Scheduled For November 5, 2025
benzinga · Nov 5, 2025
Technical Analysis
Rationale
AI-generated technical analysis for PPL including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for PPL.
Make a Prediction
Set your price target for PPL Corporation (PPL), choose a timeframe, and track your prediction accuracy.
Current price: $37.82
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PPL.
Price Targets
Wall Street price target analysis for PPL.
Insider Flow (30d)
MoonshotScore
Score Factors
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Revenue Growth 4/100
Revenue grew only 6.9% YoY, suggesting the company is in a slower growth phase.
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Gross Margin 8/100
Gross margin at 42.7% indicates good unit economics and healthy profitability per sale.
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Operating Leverage 4/100
Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 10/100
Insiders bought +$134.26M net in recent filings, a strong confidence signal from those who know the company best.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates PPL's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Frequently Asked Questions
What does PPL Corporation do?
PPL Corporation is a utility holding company that delivers electricity and natural gas to customers in the United States. The company operates through its Kentucky Regulated and Pennsylvania Regulated segments. It provides electric and natural gas services to residential, commercial, and industrial customers. PPL also generates electricity from a diverse mix of sources, including coal, gas, hydro, and solar. The company's regulated business model provides a stable revenue stream and predictable earnings, making it an attractive investment for those seeking consistent returns in the utility sector.
Is PPL stock a good buy?
PPL stock may be a good buy for investors seeking a stable, income-generating investment. The company's regulated business model provides a predictable revenue stream, and its dividend yield of 3.03% is attractive. However, investors should consider the regulatory risks and potential for increased competition from alternative energy sources. The company's P/E ratio of 24.33 suggests a reasonable valuation. Investors should also consider the company's growth opportunities in renewable energy and infrastructure modernization before making an investment decision.
What are the main risks for PPL?
The main risks for PPL include changes in regulatory policies and environmental regulations, rising interest rates and increased borrowing costs, economic downturns and reduced demand for electricity and natural gas, and cybersecurity threats. The company's dependence on regulatory rate approvals also poses a risk. Changes in regulatory policies could adversely affect the company's revenue and profitability. Rising interest rates could increase the company's borrowing costs and reduce its profitability. Economic downturns could reduce demand for electricity and natural gas, leading to lower revenue.
Is PPL a good stock to buy?
Whether PPL is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the PPL MoonshotScore?
The MoonshotScore for PPL is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is PPL data updated?
PPL stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to PPL is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for PPL?
Growth catalysts for PPL Corporation (PPL) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes PPL Corporation's specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are PPL's main competitors?
PPL Corporation (PPL) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether PPL has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about PPL?
Wall Street analyst coverage for PPL includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is PPL's market cap?
Market capitalization (market cap) for PPL is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows PPL's current market cap alongside enterprise value and other valuation metrics.
How has PPL stock performed recently?
PPL's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing PPL's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in PPL?
Key risk categories for PPL include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures PPL's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling PPL?
Insider trading activity for PPL tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is PPL a good stock for beginners?
PPL Corporation (PPL) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is PPL for first-time investors?
Every stock carries risk, including PPL Corporation (PPL). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like PPL.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Stock data pending update.