# PPL Corporation (PPL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Electric Utilities. Price $35.11, market value $26.4 billion.

## Valuation
- **P/E (trailing): 20.8×** (5-yr avg 24.5×, 3-yr avg 24.2×). PPL Corporation trades at 20.8× trailing earnings, close to its own five-year average of 24.5×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 16.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.51**. A PEG of 0.51 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.8×**. Each dollar of revenue is priced at 2.8×.
- **Price / book: 1.8×**. The shares trade at 1.8× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -7.5%** (5-yr avg -2.3%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.8%**. The inverse of the P/E: 4.8% of the price is earned each year.

## Profitability
- **Operating margin: 23.9%**. 23.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 12.9%**. 12.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.9%**. 7.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.5%**. Return on all capital, debt included, is 5.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.8%**. Each dollar of assets produces 2.8% of profit.

## Growth
- **Revenue growth (1 yr): 8.6%** (3-yr 5.6%/yr, 5-yr 11.1%/yr). Revenue grew 8.6% over the last year, against 11.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 32.5%** (3-yr 15.9%/yr, 5-yr -3.6%/yr). Earnings per share rose 32.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 1.27**. Debt is 1.27 times equity, a leveraged balance sheet, which is normal for utilities.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.25%** ($1.11 per share, trailing). PPL Corporation yields 3.25%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 67%**. 67% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): -8.0%/yr** (1-yr 5.8%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (14 analysts). 14 analysts cover PPL Corporation; the consensus is buy, with an average price target of $40.93 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -0.8%** (YTD 1.8%, 3-mo -1.0%). The shares are down 0.8% over twelve months including dividends.
- **From 52-week high: -12.5%** (5.8% above the low). Trading 12% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.00** (volatility 18%). Beta of 0.00 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PPL · Page: https://foliofundamentals.com/stocks/ppl

Not investment advice.