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PPL Corp Stock Research

PPL

25.13USD-0.12(-0.48%)Market Closed
Watchlist

Market Summary

USD25.13-0.12
Market Closed
-0.48%

PPL Stock Price

PPL RSI Chart

PPL Valuation

Market Cap

18.5B

Price/Earnings (Trailing)

24.34

Price/Sales (Trailing)

2.14

EV/EBITDA

6.52

Price/Free Cashflow

-28.81

PPL Price/Sales (Trailing)

PPL Profitability

EBT Margin

10.92%

Return on Equity

5.47%

Return on Assets

2.01%

Free Cashflow Yield

-3.47%

PPL Fundamentals

PPL Revenue

Revenue (TTM)

8.7B

Revenue Y/Y

7.49%

Revenue Q/Q

-24.51%

PPL Earnings

Earnings (TTM)

761.0M

Earnings Y/Y

-5.88%

Earnings Q/Q

-60.7%

Price Action

52 Week Range

23.4731.74
(Low)(High)

Last 7 days

-2.1%

Last 30 days

-0.3%

Last 90 days

-4.7%

Trailing 12 Months

-11.5%

PPL Financial Health

Current Ratio

1.23

PPL Investor Care

Dividend Yield

3.7%

Dividend/Share (TTM)

0.93

Shares Dilution (1Y)

0.15%

Diluted EPS (TTM)

1.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for PPL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-01
Sorgi Vincent
acquired
367,203
26.1
14,069
president and ceo
2023-06-01
Sorgi Vincent
sold (taxes)
-160,750
26.1
-6,159
president and ceo
2023-05-18
Gosman Angela K
sold (taxes)
-2,531
27.22
-93.00
evp and chro
2023-05-18
Gosman Angela K
acquired
8,792
27.22
323
evp and chro
2023-04-05
Crockett John R III
sold
-154,000
28.00
-5,500
president of a ppl subsidiary
2023-02-17
Bergstein Joseph P Jr
sold (taxes)
-208,613
28.81
-7,241
evp and cfo
2023-02-17
Beers Marlene C
acquired
135,983
28.81
4,720
vice president and controller
2023-02-17
Crockett John R III
acquired
142,523
28.81
4,947
president of a ppl subsidiary
2023-02-17
Gosman Angela K
sold (taxes)
-25,842
28.81
-897
evp and chro
2023-02-17
Henninger Tadd J
sold (taxes)
-48,516
28.81
-1,684
svp-finance and treasurer

1–10 of 50

Which funds bought or sold PPL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
new
-
365,268
365,268
-%
2023-09-20
BARCLAYS PLC
reduced
-23.34
-34,976,000
94,511,000
0.06%
2023-09-20
Mondrian Investment Partners LTD
sold off
-100
-57,414
-
-%
2023-09-13
CGC Financial Services, LLC
new
-
1,826
1,826
-%
2023-09-12
Farther Finance Advisors, LLC
added
3.32
-717
43,580
0.01%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
-16.00
318
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
-85.00
1,613
-%
2023-08-24
Alberta Investment Management Corp
sold off
-100
-1,673,570
-
-%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
-461
9,182
-%
2023-08-22
Old North State Trust, LLC
sold off
-100
-56,000
-
-%

1–10 of 48

Latest Funds Activity

Are funds buying PPL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PPL
No. of Funds

Schedule 13G FIlings of PPL

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.50%
92,068,873
SC 13G/A
Feb 07, 2023
state street corp
6.00%
44,203,138
SC 13G/A
Feb 03, 2023
blackrock inc.
8.1%
59,968,558
SC 13G/A
Feb 11, 2022
state street corp
5.44%
40,805,150
SC 13G/A
Feb 09, 2022
vanguard group inc
11.82%
88,748,861
SC 13G/A
Feb 01, 2022
blackrock inc.
8.6%
64,561,072
SC 13G/A
Feb 10, 2021
state street corp
5.26%
40,412,469
SC 13G
Feb 10, 2021
vanguard group inc
11.55%
88,782,805
SC 13G/A
Jan 29, 2021
blackrock inc.
8.7%
66,558,952
SC 13G/A
Oct 13, 2020
vanguard group inc
10.18%
78,273,364
SC 13G/A

Recent SEC filings of PPL

View All Filings
Date Filed Form Type Document
Aug 04, 2023
8-K
Current Report
Aug 04, 2023
10-Q
Quarterly Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
4
Insider Trading

PPL Fair Value

Loading...

Peers (Alternatives to PPL)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
383.9B
-3.49% 14.63%
28.86
7.12
-0.93% -4.89%
2.4T
211.9B
-3.06% 31.92%
32.56
11.12
6.88% -0.52%
1.7T
289.5B
-1.47% 30.51%
27.19
5.72
4.10% -15.36%
1.3T
538.0B
-4.72% 10.07%
101.87
2.47
10.73% 12.62%
MID-CAP
1.5B
9.9B
-28.14% -36.34%
55.75
0.15
24.14% 106.11%
795.7M
246.5M
-4.07% -6.47%
-5.01
3.23
6.65% -174.04%
SMALL-CAP
1.6B
627.1M
-7.75% -14.29%
-1.08
2.51
-0.20% -204.67%
1.5B
2.2B
-10.06% 7.70%
11.01
0.71
38.20% -10.10%
1.0B
543.3M
-3.23% 5.22%
-715.94
1.91
31.74% 78.13%
961.6M
56.2M
-5.30% -69.36%
-1.14
17.12
40.31% -12.26%
614.9M
356.8M
-16.65% -37.31%
-2.19
1.72
-23.03% 15.53%
507.0M
1.0B
-15.90% -35.94%
-19.18
0.49
-11.34% -107.10%
462.3M
453.3M
100.98% -69.12%
-0.38
1.02
-16.04% 55.90%
104.1M
13.7M
-12.49% -77.75%
-0.62
7.62
413.65% 52.51%

PPL News

MarketBeat
Wedge Capital Management L L P NC Sells 49832 Shares of PPL ....
MarketBeat,
10 hours ago
Business Recorder
Reko Diq - Opinion.
Business Recorder,
24 hours ago
Marketscreener.com
Business Recorder
Clayton County Register
The News International
Marketscreener.com

Returns for PPL

Cumulative Returns on PPL

3%


10-Year Cumulative Returns

-0.8%


7-Year Cumulative Returns

0.6%


5-Year Cumulative Returns

1.5%


3-Year Cumulative Returns

Risks for PPL

What is the probability of a big loss on PPL?

40%


Probability that PPL stock will be more than 20% underwater in next one year

19.2%


Probability that PPL stock will be more than 30% underwater in next one year.

18.5%


Probability that PPL stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PPL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PPL was unfortunately bought at previous high price.

Drawdowns

Financials for PPL

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.5%8,6628,5357,9027,0976,4756,0675,7835,6695,5575,5325,4746,0576,5907,1307,7697,7547,6937,7387,7857,7727,745
EBITDA-100.0%-2,7252,6092,5162,5702,5642,5213,5973,6572,9222,9722,1372,5462,7353,149------
EBITDA Margin-100.0%-0.32*0.33*0.35*0.40*0.42*0.44*0.58*0.60*0.66*0.54*0.33*0.36*0.38*0.41*------
Interest Expenses8.2%617570513469516872918965943633634354452534621991976965963950936
Earnings Before Taxes-0.6%926932915903948606521545567951954-51.002605929192,2212,1762,3082,2852,3152,238
EBT Margin-100.0%-0.11*0.12*0.13*0.15*0.10*0.09*0.25*0.29*0.49*0.36*0.22*0.24*0.26*0.28*------
Net Income-0.9%761768756700733633-1,480-1,324-1,250-9251,4691,5431,7371,8341,7461,7971,7671,8411,8271,4901,400
Net Income Margin-100.0%-0.09*0.10*0.10*0.11*0.10*-0.26*-0.21*-0.20*-0.21*0.27*0.24*0.25*0.26*0.22*------
Free Cashflow100.0%--569-425-225-285180297116326-387-503210-529-325-656------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.0%38,29638,30237,83737,37837,06234,10733,22334,17136,75947,78148,11647,92446,52046,32845,68044,55944,20444,56743,39643,04242,830
  Current Assets-10.3%2,7253,0382,8242,7202,3015,7135,0076,1379,01820,32720,9002,6953,2682,9562,7672,5342,2312,4292,4322,5452,600
    Cash Equivalents-29.1%3264603563033374,2503,5724,7687,6304224435041,145737660690428540621864875
  Inventory9.2%474434443422332280322304265260302351333320332295286274303295288
  Net PPE1.0%30,76230,45730,23829,89429,91025,64525,47025,20624,94524,69724,50038,32036,78536,83536,48235,10835,13035,30734,45834,01833,823
  Goodwill0.0%2,2472,2482,2482,2412,2977167167167167167163,2833,0863,1783,1983,0503,1393,2603,1623,2423,308
  Current Liabilities1.0%2,5052,4803,7893,3153,7263,0332,3232,3434,17215,62315,0555,4425,1685,3224,9003,8404,0634,0614,5634,3834,448
  Short Term Borrowings-243-98551098898569.00--1,5471,1681,3688281,6961,1511,3871,6361,4281,4301,5491,864
    LT Debt, Current-12.5%91.001043542645014744744742,2009761,0741,5252,0581,1701,172-136202530330203
    LT Debt, Non Current0%14,48114,48112,88912,97712,15310,66810,66610,66511,09513,71513,61521,24321,09820,67020,72121,54720,96521,11420,06919,92420,217
Shareholder's Equity-0.5%13,95914,03613,91513,88113,87313,86513,72314,57614,95211,55413,37313,68613,04413,24112,99111,90211,98312,17211,65711,78311,240
  Retained Earnings-2.4%2,7212,7882,6812,6582,6492,6972,5722,7432,8543,1555,3155,3455,3835,3605,1275,0804,9034,7614,5934,4234,266
  Additional Paid-In Capital0.0%12,31612,31012,31712,31712,31312,29912,30312,29012,28112,27312,27012,26012,25512,23912,21411,08711,06911,05111,02111,00110,462
Accumulated Depreciation0%22.0022.0046.0045.0060.0041.0041.0041.0040.0038.0037.0098.0088.0087.00109105104104101111108
Shares Outstanding0.0%737737736736736736735768769769769769769768767722722721720704699
Minority Interest-100.0%-3.003.003.003.00----------------
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-3.9%1,5931,6581,7301,8031,7282,1092,2702,4772,9682,7172,7462,7862,6562,6452,4272,4992,5662,7292,8212,9172,996
  Share Based Compensation-----36.0044.00--34.0029.0029.0029.0029.0028.0036.0029.0029.0025.0026.0029.0032.00
Cashflow From Investing63.9%-2,067-5,730-5,654-5,700-5,7028,2657,9577,5717,291-3,160-3,258-3,244-3,174-3,191-3,080-3,089-3,191-3,330-3,361-3,459-3,425
Cashflow From Financing64.0%464283709-567-3,319-6,716-7,390-6,063-3,96175.003865061,383934836435193501690704808
  Dividend Payments4.6%6826527879381,0921,2651,2791,2801,2791,2781,2751,2551,2341,2131,1921,1801,1691,1561,1331,1181,101
  Buy Backs----2,884--1,003--------------

PPL Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues    
Operating Revenues$ 1,823$ 1,696$ 4,238$ 3,478
Operation    
Fuel167229368441
Energy purchases3403051,074657
Other operation and maintenance6095601,168993
Depreciation313289626560
Taxes, other than income8970199130
Total Operating Expenses1,5181,4533,4352,781
Operating Income305243803697
Other Income (Expense) - net5263526
Interest Expense165118329225
Income Taxes3332112106
Net Income (Loss)$ 112$ 119$ 397$ 392
Net Income:    
Diluted (in dollars per share)$ 0.15$ 0.16$ 0.54$ 0.53
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Basic (in shares)737,075735,977736,953735,741
Diluted (in shares)738,177736,769737,938736,478
Income from Continuing Operations Before Income Taxes$ 145$ 151$ 509$ 498
Income (Loss) from Continuing Operations After Income Taxes, Basic$ 0.15$ 0.16$ 0.54$ 0.53
Income (Loss) from Continuing Operations after income taxes, Diluted$ 0.15$ 0.16$ 0.54$ 0.53
PPL Electric Utilities Corp [Member]    
Operating Revenues    
Operating Revenues$ 667$ 676$ 1,558$ 1,451
Operation    
Energy purchases204218562474
Other operation and maintenance141128303288
Depreciation9999198197
Taxes, other than income30327469
Total Operating Expenses4744771,1371,028
Operating Income193199421423
Other Income (Expense) - net972113
Interest Expense544011179
Income Taxes38448394
Net Income (Loss)[1]110124248267
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Income from Continuing Operations Before Income Taxes148168331361
PPL Electric Utilities Corp [Member] | Related Party    
Operation    
Interest Income from affiliate0204
Louisville Gas And Electric Co [Member]    
Operating Revenues    
Operating Revenues355410829903
Operation    
Fuel6890147171
Energy purchases2243106134
Energy purchases from affiliate2739
Other operation and maintenance93103184203
Depreciation7675151149
Taxes, other than income12122424
Total Operating Expenses273330615690
Operating Income8280214213
Other Income (Expense) - net0423
Interest Expense26215141
Income Taxes1193428
Net Income (Loss)[2]4554131147
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Income from Continuing Operations Before Income Taxes5663165175
Louisville Gas And Electric Co [Member] | Related Party    
Operating Revenues    
Retail and wholesale8112123
Louisville Gas And Electric Co [Member] | Nonrelated Party    
Operating Revenues    
Retail and wholesale347399808880
Kentucky Utilities Co [Member]    
Operating Revenues    
Operating Revenues4354919341,016
Operation    
Fuel99139221270
Energy purchases671212
Energy purchases from affiliate8112123
Other operation and maintenance117120226233
Depreciation9898196193
Taxes, other than income12112222
Total Operating Expenses340386698753
Operating Income95105236263
Other Income (Expense) - net3454
Income Taxes13153539
Net Income (Loss)[3]5166139173
Weighted-Average Shares of Common Stock Outstanding (in thousands)    
Income from Continuing Operations Before Income Taxes6481174212
Kentucky Utilities Co [Member] | Related Party    
Operating Revenues    
Retail and wholesale2739
Operation    
Interest Expense1010
Kentucky Utilities Co [Member] | Nonrelated Party    
Operating Revenues    
Retail and wholesale4334849311,007
Operation    
Interest Expense$ 33$ 28$ 66$ 55
[1]Net income equals comprehensive income.
[2]Net income equals comprehensive income.
[3]Net income equals comprehensive income.

PPL Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets, Current [Abstract]  
Cash and cash equivalents$ 326$ 356
Accounts receivable (less reserve:)  
Customer979896
Other70150
Unbilled revenues322552
Fuel, materials and supplies474443
Prepayments18992
Regulatory Assets, Current331258
Other current assets3477
Total Current Assets2,7252,824
Property, Plant and Equipment  
Regulated utility plant37,74336,961
Less:  accumulated depreciation - regulated utility plant8,7718,352
Regulated utility plant, net28,97228,609
Non-regulated property, plant and equipment6892
Less:  accumulated depreciation - non-regulated property, plant and equipment2246
Non-regulated property, plant and equipment, net4646
Construction work in progress1,7441,583
Property, Plant and Equipment, net30,76230,238
Other Noncurrent Assets  
Regulatory assets1,8261,819
Goodwill2,2472,248
Other intangibles309313
Other noncurrent assets427395
Assets, Noncurrent4,8094,775
Total Assets38,29637,837
Current Liabilities  
Short-term debt243985
Long-term debt due within one year91354
Accounts payable9751,201
Taxes93124
Interest14197
Dividends173166
Regulatory liabilities280238
Other current liabilities509624
Liabilities, Current, Total2,5053,789
Long-term Debt, Unclassified [Abstract]  
Long-term Debt14,48112,889
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes3,1383,007
Investment tax credits115117
Accrued pension obligations192206
Asset retirement obligations128138
Regulatory liabilities3,4213,412
Other deferred credits and noncurrent liabilities357361
Total Deferred Credits and Other Noncurrent Liabilities7,3517,241
Commitments and Contingent Liabilities
Equity  
Common stock[1]88
Additional paid-in capital12,31612,317
Treasury Stock(949)(967)
Earnings reinvested2,7212,681
Accumulated other comprehensive loss(137)(124)
Total Shareowners' Common Equity13,95913,915
Noncontrolling interests03
Total Equity13,95913,918
Total Liabilities and Equity38,29637,837
PPL Electric Utilities Corp [Member]  
Assets, Current [Abstract]  
Cash and cash equivalents2625
Accounts receivable (less reserve:)  
Other1012
Unbilled revenues108224
Notes Receivable from affiliates00
Fuel, materials and supplies9069
Prepayments9634
Regulatory Assets, Current4913
Other current assets2022
Total Current Assets897759
Property, Plant and Equipment  
Regulated utility plant15,13914,794
Less:  accumulated depreciation - regulated utility plant3,6843,544
Regulated utility plant, net11,45511,250
Construction work in progress628593
Property, Plant and Equipment, net12,08311,843
Other Noncurrent Assets  
Regulatory assets552568
Other intangibles268269
Other noncurrent assets129126
Assets, Noncurrent949963
Total Assets13,92913,565
Current Liabilities  
Short-term debt130145
Long-term debt due within one year90340
Taxes036
Interest5735
Regulatory liabilities8285
Other current liabilities8886
Liabilities, Current, Total8651,223
Long-term Debt, Unclassified [Abstract]  
Long-term Debt4,5654,146
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes1,5681,514
Regulatory liabilities835820
Other deferred credits and noncurrent liabilities85111
Total Deferred Credits and Other Noncurrent Liabilities2,4882,445
Commitments and Contingent Liabilities
Equity  
Common stock[2]364364
Additional paid-in capital4,2594,084
Earnings reinvested1,3881,303
Total Equity6,0115,751
Total Liabilities and Equity$ 13,929$ 13,565
Financing Receivable, after Allowance for Credit Loss, Related and Nonrelated Party Status [Extensible Enumeration]Related PartyRelated Party
PPL Electric Utilities Corp [Member] | Related Party  
Accounts receivable (less reserve:)  
Customer$ 10$ 3
Current Liabilities  
Accounts payable3216
PPL Electric Utilities Corp [Member] | Nonrelated Party  
Accounts receivable (less reserve:)  
Customer488357
Current Liabilities  
Accounts payable386480
Louisville Gas And Electric Co [Member]  
Assets, Current [Abstract]  
Cash and cash equivalents793
Accounts receivable (less reserve:)  
Other1613
Unbilled revenues70112
Notes Receivable from affiliates80
Fuel, materials and supplies135166
Prepayments1713
Regulatory Assets, Current423
Other current assets12
Total Current Assets377616
Property, Plant and Equipment  
Regulated utility plant7,5277,429
Less:  accumulated depreciation - regulated utility plant1,4431,355
Regulated utility plant, net6,0846,074
Construction work in progress294268
Property, Plant and Equipment, net6,3786,342
Other Noncurrent Assets  
Regulatory assets384373
Goodwill389389
Other intangibles2124
Other noncurrent assets7066
Assets, Noncurrent864852
Total Assets7,6197,810
Current Liabilities  
Short-term debt21179
Notes Payable to affiliates 0
Taxes2541
Price risk management liabilities current11
Interest2115
Current Customer Deposits3332
Regulatory liabilities197
Asset Retirement Obligation, Current1413
Other current liabilities3646
Liabilities, Current, Total335559
Long-term Debt, Unclassified [Abstract]  
Long-term Debt2,4042,307
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes774771
Investment tax credits3131
Asset retirement obligations6473
Regulatory liabilities833833
Price risk management liabilities66
Other deferred credits and noncurrent liabilities6164
Total Deferred Credits and Other Noncurrent Liabilities1,7691,778
Commitments and Contingent Liabilities
Equity  
Common stock[3]424424
Additional paid-in capital1,9872,087
Earnings reinvested700655
Total Equity3,1113,166
Total Liabilities and Equity$ 7,619$ 7,810
Financing Receivable, after Allowance for Credit Loss, Related and Nonrelated Party Status [Extensible Enumeration]Related PartyRelated Party
Notes Payable, Related and Nonrelated Party Status [Extensible Enumeration] Related Party
Louisville Gas And Electric Co [Member] | Related Party  
Accounts receivable (less reserve:)  
Customer$ 17$ 37
Current Liabilities  
Accounts payable5260
Louisville Gas And Electric Co [Member] | Nonrelated Party  
Accounts receivable (less reserve:)  
Customer102157
Current Liabilities  
Accounts payable113165
Kentucky Utilities Co [Member]  
Assets, Current [Abstract]  
Cash and cash equivalents921
Accounts receivable (less reserve:)  
Customer133158
Other1313
Unbilled revenues87114
Fuel, materials and supplies193167
Prepayments1614
Regulatory Assets, Current1032
Other current assets01
Total Current Assets461520
Property, Plant and Equipment  
Regulated utility plant9,7009,515
Less:  accumulated depreciation - regulated utility plant2,3442,201
Regulated utility plant, net7,3567,314
Construction work in progress592522
Property, Plant and Equipment, net7,9487,836
Other Noncurrent Assets  
Regulatory assets447442
Goodwill607607
Other intangibles2021
Other noncurrent assets127116
Assets, Noncurrent1,2011,186
Total Assets9,6109,542
Current Liabilities  
Short-term debt92101
Long-term debt due within one year013
Notes Payable to affiliates80
Taxes2326
Interest2519
Current Customer Deposits3433
Regulatory liabilities26
Asset Retirement Obligation, Current1926
Other current liabilities4951
Liabilities, Current, Total413499
Long-term Debt, Unclassified [Abstract]  
Long-term Debt3,0032,907
Deferred Credits and Other Noncurrent Liabilities  
Deferred income taxes903896
Investment tax credits8485
Asset retirement obligations5656
Regulatory liabilities1,0321,029
Other deferred credits and noncurrent liabilities3432
Total Deferred Credits and Other Noncurrent Liabilities2,1092,098
Commitments and Contingent Liabilities
Equity  
Common stock[4]308308
Additional paid-in capital3,0413,041
Earnings reinvested736689
Total Equity4,0854,038
Total Liabilities and Equity$ 9,610$ 9,542
Notes Payable, Related and Nonrelated Party Status [Extensible Enumeration]Related PartyRelated Party
Kentucky Utilities Co [Member] | Related Party  
Current Liabilities  
Accounts payable$ 75$ 101
Kentucky Utilities Co [Member] | Nonrelated Party  
Current Liabilities  
Accounts payable$ 86$ 123
[1]1,560,000 shares authorized, 770,013 shares issued and 737,086 shares outstanding at June 30, 2023. 1,560,000 shares authorized, 770,013 shares issued and 736,487 shares outstanding at December 31, 2022.
[2]170,000 shares authorized; 66,368 shares issued and outstanding at June 30, 2023 and December 31, 2022.
[3]75,000 shares authorized; 21,294 shares issued and outstanding at June 30, 2023 and December 31, 2022.
[4]80,000 shares authorized; 37,818 shares issued and outstanding at June 30, 2023 and December 31, 2022.
Vincent Sorgi
5610
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 serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.