profit from every $100 of sales.
$0$100
PPL
$35.67+1.31% today
-2.4% in 1 year
1-year low $31.971-year high $39.81
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $22.74 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What PPL sold, what it kept, and what it did with the cash.
Sales went from $7.90 billion in 2022 to $9.04 billion in 2025, with $1.18 billion of profit last year.
SalesProfit
PPL vs. similar companies
PPL grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| PPL | 22.7× · Fair price | ||
 Dominion Energy | 19.9× · Fair price | ||
 WEC Energy Group | 24.8× · Fair price | ||
 Public Service Enterprise Group | 17.9× · Fair price | ||
 Ameren | 21.8× · Fair price |
AI analysis
An AI analyst reads PPL's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,474 | 5,783 | 7,902 | 8,312 | 8,462 | 9,042 | |
| – | – | 2,887 | 3,276 | 3,393 | 3,864 | |
| 1,586 | 1,424 | 1,374 | 1,630 | 1,740 | 2,129 | |
| 2,610 | 2,521 | 2,661 | 2,925 | 3,211 | 3,696 | |
| 1,469 | -1,480 | 756 | 740 | 888 | 1,181 | |
| 1.91 | -1.93 | 1.02 | 1.00 | 1.20 | 1.59 | |
| – | – | 36.5% | 39.4% | 40.1% | 42.7% | |
| 29.0% | 24.6% | 17.4% | 19.6% | 20.6% | 23.5% | |
| 26.8% | -25.6% | 9.6% | 8.9% | 10.5% | 13.1% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 48,116 | 33,223 | 37,837 | 39,236 | 41,069 | 45,244 |
| Cash | 442 | 3,571 | 356 | 331 | 306 | 1,071 |
| Total debt | 15,857 | 11,209 | 14,228 | 15,604 | 16,806 | 19,350 |
| Total liabilities | – | – | 23,919 | 25,303 | 26,992 | 30,363 |
| 13,373 | 13,723 | 13,915 | 13,933 | 14,077 | 14,881 | |
| 769 | 765 | 737 | 738 | 740 | 743 | |
| 4.3% | 4.6% | 4.0% | 4.3% | 4.7% | 5.3% | |
| 11.0% | -10.8% | 5.4% | 5.3% | 6.3% | 7.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,746 | 2,270 | 1,730 | 1,758 | 2,340 | 2,629 | |
| 2,270 | 1,973 | 2,155 | 2,390 | 2,805 | 4,030 | |
| 476 | 297 | -425 | -632 | -465 | -1,401 | |
| Dividends paid | 1,275 | 1,279 | 787 | 704 | 747 | 794 |
| 0 | 1,003 | 0 | 0 | – | – | |
| 29 | 37 | 37 | 33 | 46 | 49 |
Valuation
- 22.7×
- 18.3×
- –
- 1.8×
- 3.0×
- –
- 12.2×
- -5.2%
- 4.4%
- 3.0%
Profitability
- 42.7%
- 23.5%
- 13.1%
- 40.4%
- 4.1%
- 1.1%
- 8.3%
- 2.6%
- 5.2%
- –
Growth
- +10.6%
- −3.6%
- −201.3%
- −8.1%
- −0.8%
Financial health
- 5.0×
- 1.35
- 43.7%
- 2.6×
- 1.00
- 0.88
- 0.20
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 28%of 397
Top 35%of 392
Bottom 36%of 363
Top 22%of 397
Bottom 23%of 396
What analysts expect
- Average price target
- $41.57
- Range
- $37.00 – $48.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 8, 2026 | 0.63 | 0.61 | +3.3% |
| Feb 20, 2026 | 0.41 | 0.41 | +0.2% |
| Nov 5, 2025 | 0.48 | 0.46 | +4.4% |
| Jul 31, 2025 | 0.32 | 0.39 | −16.9% |
| Apr 30, 2025 | 0.60 | 0.55 | +8.5% |
| Feb 13, 2025 | 0.34 | 0.37 | −8.1% |
| Nov 1, 2024 | 0.42 | 0.42 | +0.1% |
| Aug 2, 2024 | 0.38 | 0.33 | +15.6% |
3.0%of the share price, paid each year
On $1,000 invested$30a year at today's yield, before tax
−8.1%2020 to 2025
Raised3 yearsin a row, in our data
Paid per share, each year
$1.47 in 2015 → $1.09 in 2025
How safe it looks
67.2% of its profit
Room to growStretchedMore than it earns: -56.7%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
29No pass
Benjamin Graham
38No pass
Philip Fisher
41No pass
Peter Lynch
29No pass
Joel Greenblatt
22No pass
Charlie Munger
28No pass
Terry Smith
21No pass
Questions about PPL
Is PPL a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the PPL AI analysis
What does PPL do?
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It is in Regulated Electric, based in Allentown, PA, United States, with 6,546 employees.
Does PPL pay a dividend?
Yes. At today's price the dividend is 3.0% a year, about 67% of its yearly profit. In 2025 it paid out $794 million in dividends.
Is PPL stock halal?
No. PPL does not pass our halal screen: its debt is 72% of its market value, at or above the 33% limit. How we check
How has PPL stock done over the past year?
Down 2.4% over the past twelve months, to $35.67. It traded between $31.97 and $39.81 and is 10.4% below its high.
Who are PPL's competitors?
The largest listed companies in the same industry are Dominion Energy, WEC Energy Group, Public Service Enterprise Group and Ameren. The peers table on this page compares their profit, growth and price with PPL's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.