PPL - PPL Corp Stock Price, Fair Value and News

27.30USD-0.07 (-0.26%)Market Closed

Market Summary

USD27.30-0.07

Market Closed

-0.26%

PPL Stock Price

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PPL RSI Chart

PPL Valuation

Market Cap

20.2B

Price/Earnings (Trailing)

27.27

Price/Sales (Trailing)

2.43

EV/EBITDA

12.12

Price/Free Cashflow

-31.93

PPL Price/Sales (Trailing)

PPL Profitability

EBT Margin

11.12%

Return on Equity

5.31%

Return on Assets

1.89%

Free Cashflow Yield

-3.13%

PPL Fundamentals

PPL Revenue

Revenue (TTM)

8.3B

Rev. Growth (Yr)

-11.31%

Rev. Growth (Qtr)

-0.59%

PPL Earnings

Earnings (TTM)

740.0M

Earnings Growth (Yr)

-40.53%

Earnings Growth (Qtr)

-50.87%

Breaking Down PPL Revenue

52 Week Range

22.3529.04

(Low)(High)

Last 7 days

3.6%

Last 30 days

1.1%

Last 90 days

5.9%

Trailing 12 Months

-4.7%

How does PPL drawdown profile look like?

PPL Financial Health

Current Ratio

0.88

Debt/Equity

1.05

Debt/Cashflow

0.12

PPL Investor Care

Dividend Yield

3.51%

Dividend/Share (TTM)

0.96

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2023	8.5B	8.7B	8.6B	8.3B
2022	6.1B	6.5B	7.1B	7.9B
2021	5.5B	5.6B	5.7B	5.8B
2020	7.1B	6.6B	6.1B	5.5B
2019	7.7B	7.7B	7.8B	7.8B
2018	7.6B	7.7B	7.8B	7.8B
2017	7.5B	7.4B	7.4B	7.4B
2016	7.5B	7.5B	7.5B	7.5B
2015	10.0B	9.9B	9.9B	7.7B
2014	10.5B	8.9B	7.7B	8.9B
2013	9.3B	10.1B	12.1B	11.7B
2012	13.9B	14.0B	12.0B	11.0B
2011	10.9B	13.4B	15.8B	12.7B
2010	0	0	0	0
2009	0	0	0	0
2008	0	0	0	0

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

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S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of PPL Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	martin christine m	gifted	-	-	-380	president of a ppl subsidiary
Apr 12, 2024	stark wendy e	sold (taxes)	-55,869	26.63	-2,098	evp, clo & corp sec
Apr 12, 2024	stark wendy e	acquired	127,630	26.63	4,792	evp, clo & corp sec
Jan 25, 2024	bonenberger david j	acquired	236,215	25.83	9,145	president of a ppl subsidiary
Jan 25, 2024	beers marlene c	acquired	272,610	25.83	10,554	vice president and controller
Jan 25, 2024	bergstein joseph p jr	sold (taxes)	-581,227	25.83	-22,502	evp and cfo
Jan 25, 2024	gosman angela k	acquired	307,997	25.83	11,924	evp and chro
Jan 25, 2024	martin christine m	sold (taxes)	-86,375	25.83	-3,344	president of a ppl subsidiary
Jan 25, 2024	henninger tadd j	sold (taxes)	-89,397	25.83	-3,461	svp-finance and treasurer
Jan 25, 2024	crockett john r iii	acquired	400,417	25.83	15,502	president of a ppl subsidiary

Which funds bought or sold PPL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	DUNCKER STREETT & CO INC	unchanged	-	319	20,428	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-3.81	-27,623	1,181,040	0.02%
Apr 23, 2024	BFSG, LLC	added	3.41	29,059	604,242	0.08%
Apr 23, 2024	AMALGAMATED BANK	reduced	-15.79	-710,000	4,200,000	0.04%
Apr 23, 2024	Gradient Investments LLC	reduced	-59.89	-13,950	9,616	-%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	sold off	-100	-	-	-%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	sold off	-100	-	-	-%
Apr 23, 2024	FIFTH THIRD BANCORP	added	8.72	73,101	772,850	-%
Apr 23, 2024	CIGNA INVESTMENTS INC /NEW	unchanged	-	2,000	213,000	0.04%
Apr 23, 2024	Global Retirement Partners, LLC	added	0.23	8,699	305,952	0.01%

Are Funds Buying or Selling PPL?

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

Unveiling PPL Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.76%	94,052,723	SC 13G/A
Jan 29, 2024	state street corp	5.19%	38,236,246	SC 13G/A
Jan 25, 2024	blackrock inc.	8.7%	64,137,817	SC 13G
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

Recent SEC filings of PPL Corp

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 15, 2024	4	Insider Trading
Apr 03, 2024	ARS	ARS
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to PPL Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	44.8B	19.0B	4.22%	-8.49%	20.26	2.36	-3.35%	-4.03%
AWK	23.6B	4.2B	3.63%	-20.36%	25.04	5.58	11.66%	15.12%
AEE	19.9B	7.5B	4.59%	-17.67%	17.2	2.65	-5.74%	7.23%
ATO	17.9B	3.9B	2.22%	2.07%	19.35	4.53	-15.47%	16.09%
NRG	15.1B	28.8B	6.59%	113.21%	-74.78	0.52	-8.62%	-116.54%
AGR	14.3B	8.3B	3.52%	-9.97%	15.99	1.73	0.05%	30.98%
AES	12.3B	12.7B	5.59%	-26.15%	61.84	0.97	0.40%	141.39%
CPK	2.4B	670.6M	1.65%	-16.34%	27.23	3.54	-1.48%	-2.88%
MID-CAP
PNW	8.5B	4.7B	2.70%	-7.89%	16.3	1.8	8.59%	3.59%
ALE	3.5B	1.9B	2.48%	-5.47%	13.97	1.84	19.68%	30.53%
AVA	2.8B	1.7B	6.05%	-19.70%	16.34	1.61	2.36%	10.31%
SMALL-CAP
CWCO	394.3M	180.2M	-16.11%	45.99%	13.26	2.19	91.50%	388.02%
CDZI	152.2M	2.0M	-10.28%	-45.17%	-4.84	75.74	33.96%	-26.84%
VIA	35.0M	436.8M	-0.18%	4.11%	2.34	0.08	-5.23%	97.61%
CREG	8.8M	-	0.91%	-27.45%	-11.84	12.3	-88.45%	83.25%

PPL Corp News

Latest updates

PPL Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-0.6%	2,031	2,043	1,823	2,415	2,290	2,134	1,696	1,782	1,485	1,512	1,288	1,498	1,371	1,400	1,263	1,440	1,954	1,933	1,803	2,079	1,939
EBITDA Margin	1.3%	0.34*	0.34*	0.32*	0.32*	0.33*	0.35*	0.40*	0.42*	0.44*	0.46*	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	4.2%	172	165	165	164	152	136	118	107	108	183	474	153	155	161	164	154	-125	259	246	241	245
Income Taxes	-75.9%	14.00	58.00	33.00	79.00	54.00	41.00	32.00	74.00	48.00	51.00	345	59.00	48.00	165	40.00	61.00	-145	118	84.00	126	96.00
Earnings Before Taxes	-55.9%	127	288	145	364	202	215	151	347	190	260	-191	262	214	282	193	265	-791	593	525	592	511
EBT Margin	-4.6%	0.11*	0.12*	0.11*	0.11*	0.12*	0.13*	0.15*	0.10*	0.09*	0.10*	-	-	-	-	-	-	-	-	-	-	-
Net Income	-50.9%	113	230	112	285	190	174	119	273	134	207	19.00	-1,840	290	281	344	554	364	475	441	466	415
Net Income Margin	-6.6%	0.09*	0.10*	0.09*	0.09*	0.10*	0.10*	0.11*	0.10*	-0.26*	-0.23*	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-447.7%	-539	155	-179	-69.00	-421	26.00	-105	75.00	-221	-34.00	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.6%	39,236	38,629	38,296	38,302	37,837	37,378	37,062	34,107	33,223	34,171	36,759	47,781	48,116	47,924	46,520	46,328	45,680	44,559	44,204	44,567	43,396
Current Assets	6.5%	2,932	2,754	2,725	3,038	2,824	2,720	2,301	5,713	5,007	6,137	9,018	20,327	20,900	2,695	3,268	2,956	2,767	2,534	2,231	2,429	2,432
Cash Equivalents	-6.2%	331	353	326	460	356	304	337	4,250	3,572	4,768	7,630	422	443	504	1,145	737	660	690	428	540	621
Inventory	3.5%	505	488	474	434	443	422	332	280	322	304	265	260	302	351	333	320	332	295	286	274	303
Net PPE	1.1%	31,418	31,070	30,762	30,457	30,238	29,894	29,910	25,645	25,470	25,206	24,945	24,697	24,500	38,320	36,785	36,835	36,482	35,108	35,130	35,307	34,458
Goodwill	0%	2,247	2,247	2,247	2,248	2,248	2,241	2,297	716	716	716	716	716	716	3,283	3,086	3,178	3,198	3,050	3,139	3,260	3,162
Current Liabilities	16.0%	3,340	2,879	2,505	2,480	3,789	3,315	3,726	3,033	2,323	2,343	4,172	15,623	15,055	5,442	5,168	5,322	4,900	3,840	4,063	4,061	4,563
Short Term Borrowings	245.6%	992	287	243	-	985	510	988	985	69.00	-	-	1,547	1,168	1,368	828	1,696	1,151	1,387	1,636	1,428	1,430
Long Term Debt	0.9%	14,611	14,484	14,481	14,481	12,889	12,977	12,153	10,668	10,666	10,665	11,095	13,715	13,615	21,243	21,098	20,670	20,721	21,547	20,965	21,114	20,069
LT Debt, Current	-98.9%	1.00	91.00	91.00	104	354	264	501	474	474	474	2,200	976	1,074	1,525	2,058	1,170	1,172	-	136	202	530
LT Debt, Non Current	0.9%	14,611	14,484	14,481	14,481	12,889	12,977	12,153	10,668	10,666	10,665	11,095	13,715	13,615	21,243	21,098	20,670	20,721	21,547	20,965	21,114	20,069
Shareholder's Equity	-0.6%	13,933	14,012	13,959	14,036	13,915	13,884	13,873	13,865	13,723	14,576	14,952	11,554	13,373	13,686	13,044	13,241	12,991	11,902	11,983	12,172	11,657
Retained Earnings	-2.3%	2,710	2,775	2,721	2,788	2,681	2,658	2,649	2,697	2,572	2,743	2,854	3,155	5,315	5,345	5,383	5,360	5,127	5,080	4,903	4,761	4,593
Additional Paid-In Capital	0.1%	12,326	12,319	12,316	12,310	12,317	12,317	12,313	12,299	12,303	12,290	12,281	12,273	12,270	12,260	12,255	12,239	12,214	11,087	11,069	11,051	11,021
Accumulated Depreciation	9.5%	23.00	21.00	22.00	22.00	46.00	45.00	60.00	41.00	41.00	41.00	40.00	38.00	37.00	98.00	88.00	87.00	109	105	104	104	101
Shares Outstanding	0.0%	737	737	737	737	736	736	736	736	763	769	769	769	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	3.00	3.00	3.00	3.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	19,503	-	-	-	19,972	-	-	-	21,525	-	19,865	-	-	-	22,384	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-86.4%	110	806	412	430	219	532	477	502	292	457	858	663	499	948	607	692	539	818	596	474	611
Share Based Compensation	-	11.00	-	-	-	14.00	5.00	7.00	11.00	-	-	11.00	6.00	12.00	5.00	6.00	6.00	12.00	5.00	5.00	14.00	5.00
Cashflow From Investing	-0.2%	-644	-643	-593	-503	-468	-503	-4,256	-427	-514	-505	9,711	-735	-900	-785	-740	-833	-886	-715	-757	-722	-895
Cashflow From Financing	513.2%	562	-136	47.00	177	302	-62.00	-134	603	-974	-2,814	-3,531	-71.00	353	-712	505	240	473	165	56.00	142	72.00
Dividend Payments	0%	178	178	177	171	167	167	147	306	318	321	320	320	319	320	319	317	299	299	298	296	287
Buy Backs	-	-	-	-	-	-	-	-	-	721	-	-	-	-	-	-	-	-	-	-	-	-

PPL Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Operating Revenues

Operating Revenues

$ 8,312

$ 7,902

$ 5,783

Operation

Fuel

733

931

710

Energy purchases

1,841

1,686

752

Other operation and maintenance

2,462

2,398

1,608

Depreciation

1,254

1,181

1,082

Taxes, other than income

392

332

207

Total Operating Expenses

6,682

6,528

4,359

Operating Income

1,630

1,374

1,424

Other Income (Expense) - net

(40)

Interest Expense

666

513

918

Income from Continuing Operations Before Income Taxes

924

915

521

Income Taxes

184

201

503

Income from Continuing Operations After Income Taxes

740

714

Income (Loss) from Discontinued Operations (net of income taxes)

(1,498)

Net income (Loss)

$ 740

$ 756

$ (1,480)

Earnings per Share of Common Stock [Abstract]

Income from Continuing Operations After Income Taxes, Per Basic Share

$ 1.00

$ 0.97

$ 0.03

Income (Loss) from Discontinued Operation ( net of income taxes), Per Basic Shares

0.06

(1.96)

Net Income (Loss) Available to PPL Common , Per Basic shares

1.00

1.03

(1.93)

Income from Continuing Operations After Income Taxes, Per Diluted Share

1.00

0.96

0.03

Net Income (Loss) Available to PPL Common Shareowners, Per Diluted Shares

1.00

1.02

(1.93)

Income (Loss) from Discontinued Operations (net of income taxes), Per Diluted Shares

$ 0

$ 0.06

$ (1.96)

Weighted-Average Shares of Common Stock Outstanding (in thousands)

Basic

737,036

736,027

762,902

Diluted

738,166

736,902

764,819

PPL Electric Utilities Corp [Member]

Operating Revenues

Operating Revenues

$ 3,008

$ 3,030

$ 2,402

Operation

Energy purchases

992

1,048

566

Other operation and maintenance

605

557

Depreciation

397

393

424

Taxes, other than income

143

149

120

Total Operating Expenses

2,137

2,195

1,667

Operating Income

871

835

735

Other Income (Expense) - net

Interest Expense

223

171

162

Income from Continuing Operations Before Income Taxes

687

699

599

Income Taxes

168

174

154

Net income (Loss)

^[1]

519

525

445

PPL Electric Utilities Corp [Member] | Related Party

Weighted-Average Shares of Common Stock Outstanding (in thousands)

Interest income

Louisville Gas And Electric Co [Member]

Operating Revenues

Operating Revenues

1,613

1,798

1,569

Operation

Fuel

286

346

265

Energy purchases

168

245

167

Energy purchases from affiliate

Other operation and maintenance

364

416

400

Depreciation

302

298

279

Taxes, other than income

Total Operating Expenses

1,180

1,378

1,180

Operating Income

433

420

389

Other Income (Expense) - net

(5)

Interest Expense

102

Income from Continuing Operations Before Income Taxes

335

303

Income Taxes

Net income (Loss)

^[2]

266

272

249

Louisville Gas And Electric Co [Member] | Nonrelated Party

Operating Revenues

Retail and wholesale

1,580

1,762

1,545

Louisville Gas And Electric Co [Member] | Related Party

Operating Revenues

Retail and wholesale

Weighted-Average Shares of Common Stock Outstanding (in thousands)

Interest income

Kentucky Utilities Co [Member]

Operating Revenues

Operating Revenues

1,884

2,074

1,826

Operation

Fuel

447

585

445

Energy purchases

Energy purchases from affiliate

Other operation and maintenance

427

487

463

Depreciation

392

386

366

Taxes, other than income

Total Operating Expenses

1,368

1,567

1,358

Operating Income

516

507

468

Other Income (Expense) - net

Income from Continuing Operations Before Income Taxes

389

398

363

Income Taxes

Net income (Loss)

^[3]

312

322

296

Kentucky Utilities Co [Member] | Nonrelated Party

Operating Revenues

Retail and wholesale

1,872

2,049

1,803

Operation

Interest Expense

134

117

109

Kentucky Utilities Co [Member] | Related Party

Operating Revenues

Retail and wholesale

Operation

Interest Expense

$ 1

$ 0

[1]	Net income equals comprehensive income.
[2]	Net income equals comprehensive income.
[3]	Net income equals comprehensive income.

PPL Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Dec. 31, 2023

Dec. 31, 2022

Current Assets

Cash and cash equivalents

$ 331

$ 356

Accounts receivable (less reserve:)

Customer

950

896

Other

271

150

Unbilled revenues

428

552

Fuel, materials and supplies

505

443

Prepayments

103

Regulatory assets

293

258

Other current assets

Total Current Assets

2,932

2,824

Property, Plant and Equipment

Regulated utility plant

38,608

36,961

Less: accumulated depreciation - regulated utility plant

9,156

8,352

Regulated utility plant, net

29,452

28,609

Non-regulated property, plant and equipment

Less: accumulated depreciation - non-regulated property, plant and equipment

Non-regulated property, plant and equipment, net

Construction work in progress

1,917

1,583

Property, Plant and Equipment, net

31,418

30,238

Other Noncurrent Assets

Regulatory assets

1,874

1,819

Goodwill

2,247

2,248

Other intangibles

306

313

Other noncurrent assets

459

395

Total Other Noncurrent Assets

4,886

4,775

Total Assets

39,236

37,837

Current Liabilities

Short-term debt

992

985

Long-term debt due within one year

354

Accounts payable

1,104

1,201

Taxes

130

124

Interest

124

Dividends

173

166

Regulatory liabilities

225

238

Other current liabilities

591

624

Total Current Liabilities

3,340

3,789

Long-term Debt [Abstract]

Long-term Debt

14,611

12,889

Deferred Credits and Other Noncurrent Liabilities

Deferred income taxes

3,105

3,007

Investment tax credits

114

117

Accrued pension obligations

275

206

Asset retirement obligations

133

138

Regulatory liabilities

3,340

3,412

Other deferred credits and noncurrent liabilities

385

361

Total Deferred Credits and Other Noncurrent Liabilities

7,352

7,241

Commitments and Contingent Liabilities

Equity

Common stock

^[1]

Additional paid-in capital

12,326

12,317

Earnings reinvested

2,710

2,681

Accumulated other comprehensive loss

(163)

(124)

Total Shareowners' Common Equity

13,933

13,915

Noncontrolling interests

Total Equity

13,933

13,918

Total Liabilities and Equity

$ 39,236

$ 37,837

Common stock par value

$ 0.01

Treasury Stock

$ (948)

$ (967)

PPL Electric Utilities Corp [Member]

Current Assets

Cash and cash equivalents

Accounts receivable (less reserve:)

Other

Unbilled revenues

149

224

Fuel, materials and supplies

Prepayments

Regulatory assets

Other current assets

Total Current Assets

869

759

Property, Plant and Equipment

Regulated utility plant

15,575

14,794

Less: accumulated depreciation - regulated utility plant

3,822

3,544

Regulated utility plant, net

11,753

11,250

Construction work in progress

680

593

Property, Plant and Equipment, net

12,433

11,843

Other Noncurrent Assets

Regulatory assets

598

568

Other intangibles

269

Other noncurrent assets

125

126

Total Other Noncurrent Assets

992

963

Total Assets

14,294

13,565

Current Liabilities

Short-term debt

509

145

Long-term debt due within one year

340

Taxes

Interest

Regulatory liabilities

Other current liabilities

100

Total Current Liabilities

1,292

1,223

Long-term Debt [Abstract]

Long-term Debt

4,567

4,146

Deferred Credits and Other Noncurrent Liabilities

Deferred income taxes

1,573

1,514

Regulatory liabilities

836

820

Other deferred credits and noncurrent liabilities

123

111

Total Deferred Credits and Other Noncurrent Liabilities

2,532

2,445

Commitments and Contingent Liabilities

Equity

Common stock

^[2]

364

Additional paid-in capital

4,040

4,084

Earnings reinvested

1,499

1,303

Total Shareowners' Common Equity

5,903

5,751

Total Liabilities and Equity

$ 14,294

$ 13,565

Common stock no par value

$ 0

PPL Electric Utilities Corp [Member] | Related Party

Accounts receivable (less reserve:)

Customer

$ 10

$ 3

Current Liabilities

Accounts payable

PPL Electric Utilities Corp [Member] | Nonrelated Party

Accounts receivable (less reserve:)

Customer

434

357

Current Liabilities

Accounts payable

454

480

Louisville Gas And Electric Co [Member]

Current Assets

Cash and cash equivalents

Accounts receivable (less reserve:)

Other

Unbilled revenues

112

Fuel, materials and supplies

143

166

Prepayments

Regulatory assets

Other current assets

Total Current Assets

429

616

Property, Plant and Equipment

Regulated utility plant

7,669

7,429

Less: accumulated depreciation - regulated utility plant

1,549

1,355

Regulated utility plant, net

6,120

6,074

Construction work in progress

312

268

Property, Plant and Equipment, net

6,432

6,342

Other Noncurrent Assets

Regulatory assets

395

373

Goodwill

389

Other intangibles

Other noncurrent assets

Total Other Noncurrent Assets

892

852

Total Assets

7,753

7,810

Current Liabilities

Short-term debt

179

Long-term debt due within one year

Taxes

Interest

Asset Retirement Obligations

Price risk management liabilities

Customer deposits

Regulatory liabilities

Other current liabilities

Total Current Liabilities

337

559

Long-term Debt [Abstract]

Long-term Debt

2,469

2,307

Deferred Credits and Other Noncurrent Liabilities

Deferred income taxes

776

771

Investment tax credits

Price risk management liabilities

Asset retirement obligations

Regulatory liabilities

827

833

Other deferred credits and noncurrent liabilities

Total Deferred Credits and Other Noncurrent Liabilities

1,775

1,778

Commitments and Contingent Liabilities

Equity

Common stock

^[3]

424

Additional paid-in capital

1,993

2,087

Earnings reinvested

755

655

Total Shareowners' Common Equity

3,172

3,166

Total Liabilities and Equity

$ 7,753

$ 7,810

Common stock no par value

$ 0

Louisville Gas And Electric Co [Member] | Related Party

Accounts receivable (less reserve:)

Customer

$ 29

$ 37

Current Liabilities

Accounts payable

Louisville Gas And Electric Co [Member] | Nonrelated Party

Accounts receivable (less reserve:)

Customer

116

157

Current Liabilities

Accounts payable

115

165

Kentucky Utilities Co [Member]

Current Assets

Cash and cash equivalents

Accounts receivable (less reserve:)

Customer

143

158

Other

Unbilled revenues

114

Fuel, materials and supplies

185

167

Prepayments

Regulatory assets

Other current assets

Total Current Assets

468

520

Property, Plant and Equipment

Regulated utility plant

9,896

9,515

Less: accumulated depreciation - regulated utility plant

2,476

2,201

Regulated utility plant, net

7,420

7,314

Construction work in progress

604

522

Property, Plant and Equipment, net

8,024

7,836

Other Noncurrent Assets

Regulatory assets

439

442

Goodwill

607

Other intangibles

Other noncurrent assets

157

116

Total Other Noncurrent Assets

1,222

1,186

Total Assets

9,714

9,542

Current Liabilities

Short-term debt

101

Long-term debt due within one year

Taxes

Interest

Asset Retirement Obligations

Customer deposits

Regulatory liabilities

Other current liabilities

Total Current Liabilities

402

499

Long-term Debt [Abstract]

Long-term Debt

3,064

2,907

Deferred Credits and Other Noncurrent Liabilities

Deferred income taxes

912

896

Investment tax credits

Asset retirement obligations

Regulatory liabilities

1,018

1,029

Other deferred credits and noncurrent liabilities

Total Deferred Credits and Other Noncurrent Liabilities

2,096

2,098

Commitments and Contingent Liabilities

Equity

Common stock

^[4]

308

Additional paid-in capital

3,033

3,041

Earnings reinvested

811

689

Total Shareowners' Common Equity

4,152

4,038

Total Liabilities and Equity

$ 9,714

$ 9,542

Common stock no par value

$ 0

Kentucky Utilities Co [Member] | Related Party

Current Liabilities

Accounts payable

$ 72

$ 101

Kentucky Utilities Co [Member] | Nonrelated Party

Current Liabilities

Accounts payable

$ 80

$ 123

[1]	1,560,000 shares authorized; 770,013 shares issued and 737,130 shares outstanding at December 31, 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 December 31, 2023 and December 31, 2022
[3]	75,000 shares authorized; 21,294 shares issued and outstanding at December 31, 2023 and December 31, 2022.
[4]	80,000 shares authorized; 37,818 shares issued and outstanding at December 31, 2023 and December 31, 2022.

About PPL Corp

PPL Corporation, an energy company, focuses on providing electricity and natural gas to approximately 3.5 million customers in the United States. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

CEO	Mr. Vincent Sorgi
WEBSITE	pplweb.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	6527

PPL Corp Frequently Asked Questions

What is the ticker symbol for PPL Corp? What does PPL stand for in stocks?

PPL is the stock ticker symbol of PPL Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PPL Corp (PPL)?

As of Wed Apr 24 2024, market cap of PPL Corp is 20.18 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PPL stock?

You can check PPL's fair value in chart for subscribers.

What is the fair value of PPL stock?

You can check PPL's fair value in chart for subscribers. The fair value of PPL Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PPL Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PPL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PPL Corp a good stock to buy?

The fair value guage provides a quick view whether PPL is over valued or under valued. Whether PPL Corp is cheap or expensive depends on the assumptions which impact PPL Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PPL.

What is PPL Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, PPL's PE ratio (Price to Earnings) is 27.27 and Price to Sales (PS) ratio is 2.43. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PPL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PPL Corp's stock?

In the past 10 years, PPL Corp has provided 0.027 (multiply by 100 for percentage) rate of return.