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PPLPPL

Electric Utilities · Allentown, Pennsylvania · In the S&P 500
Solid business
$35.65+0.06%After hours: $35.65 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 2.3% over 1 year
PPL over 1 yearDaily close, $, to 30 Oct 2026
$32$35$38$40Nov2026MarMayJulSep$35.65$40NovMarJul$35.65
Source: Nasdaq daily closes
Market value$26.83B
Price to earnings21.2x
Forward P/E17.0x
Dividend yield3.20%
Year to date+1.8%
One year−2.3%
Next earningsFri 6 Nov, before the open
SectorUtilities
52-week range (closes)
$31.97$39.81

Quality and valuation

How PPL compares with other utilities stocks. A description, not a recommendation.

PPL and 7 electric utilities peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among utilities companies, priced about in line with them.

PPL trades at 17.0 times the next 12 months of expected earnings, against a median of 18.6x for the 33 utilities stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +8.3% vs +8.3%
  • More profitable (operating margin): 23.3% vs 22.8%
  • Turns less of its sales into cash: −17.2% vs −14.5%
PPL trades at 17.0x forward earnings, below the sector medianForward p/e, Electric Utilities peers
VST15.1xEXC15.7xPPL17.0xDUK18.8xAEP19.6xSO20.1xCEG21.4xETR23.4xSector median 18.6xVST15.1xEXC15.7xPPL17.0xDUK18.8xAEP19.6xSO20.1xCEG21.4xETR23.4xSector median 18.6x
Source: CNBC quotes; Mostly Markets
At 21.7x earnings, PPL is cheaper than its average since May 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x25x30xAverage 25.8x2025202621.7x20x25x30xAverage 25.8x2025202621.7x
Source: Nasdaq prices; SEC filings

Financials

From PPL's SEC filings, through the quarter ending 31 Mar 2026. Hover or tap a bar for its value.

Revenue grew 9.4% from a year earlierQuarterly revenue, $bn, latest Q1 ’26
$0bn$1bn$2bnQ2 ’24Q4 ’24Q2 ’25$2.8bnQ1 ’26$0bn$1bn$2bnQ2 ’24Q4 ’24Q2 ’25$2.8bnQ1 ’26
Source: SEC filings
Growth sped up to +9.4% last quarterRevenue growth, year on year, %
0%5%10%Q2 ’24Q4 ’24Q2 ’259.4%Q1 ’260%5%10%Q2 ’24Q4 ’24Q2 ’259.4%Q1 ’26
Source: SEC filings
Operating margin was 26.8% last quarterOperating income as a share of revenue, %
0%10%20%Q2 ’24Q4 ’24Q2 ’2526.8%Q1 ’260%10%20%Q2 ’24Q4 ’24Q2 ’2526.8%Q1 ’26
Source: SEC filings
Free cash flow was −$1.6 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
−$600m−$400m−$200m$0mQ2 ’24Q4 ’24Q2 ’25−$501mQ1 ’26−$500m−$250m$0mQ2 ’24Q4 ’24Q2 ’25−$501mQ1 ’26
Source: SEC filings
Last 12 monthsPPLSector median
Revenue growth+8.3%+8.3%
Operating margin23.3%22.8%
Free cash flow margin−17.2%−14.5%
Price to earnings21.2x21.1x

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Similar companies

Electric Utilities, by market value.

CompanyPriceTodayYTDValue
SOSouthern$93.71+0.77%+7.5%$108B
DUKDuke Energy$127.39+1.18%+8.7%$99.33B
CEGConstellation Energy$262.38−0.83%−25.7%$92.96B
AEPAmerican Electric Power$130.21+0.67%+12.9%$70.90B
ETREntergy$110.11+0.13%+19.1%$52.61B
EXCExelon$46.16+0.54%+5.9%$47.65B
VSTVistra$138.37−1.83%−14.2%$46.44B
WECWEC Energy Group$116.07+1.26%+10.1%$37.82B