PPL Corp. (PPL)
Utilities · NYSE · US
Price as at 1 Oct 2026, 18:39 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
PPL Corp. trades at $32.67, close to the $31.70 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 54 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 22.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
PPL dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.855 | 3 |
| 2025 | $1.09 | 4 |
| 2024 | $1.03 | 4 |
| 2023 | $0.960 | 4 |
| 2022 | $0.875 | 4 |
| 2021 | $1.66 | 4 |
| 2020 | $1.66 | 4 |
| 2019 | $1.65 | 4 |
| 2018 | $1.64 | 4 |
| 2017 | $1.58 | 4 |
| 2016 | $1.52 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
PPL earnings and analyst estimates
Recommendation mix, 16 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About PPL Corp.
PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company engages in the transmission and distribution of electricity in eastern and central Pennsylvania; generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island; distribution and sale of natural gas in Kentucky and Rhode Island; sale of wholesale electricity in Kentucky; and generation of electricity from power plants in Kentucky. It generates electricity from coal, gas, hydro, and solar sources. The company was formerly known as PP&L Resources, Inc. and changed its name to PPL Corporation in 2000. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
PPL passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
14 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Griffin, CITADEL ADVISORS LLC$521.85M · 0.1% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$375.76M · 0.1% of book
- Steve Cohen, Point72 Asset Management, L.P.$303.70M · 0.3% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$105.45M · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$92.23M · 0.1% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in PPL
Trades in PPL disclosed by members of Congress and executive-branch officials, latest first:
- Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 18 May 2026 · disclosed 1 Jul 2026
- Donald J Trump · Executive branchBuy · $1,001 - $15,000 · traded 15 May 2026 · disclosed 1 Jul 2026
- Gilbert Cisneros · HouseSell · $1,001 - $15,000 · traded 18 Mar 2020 · disclosed 16 Apr 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
PPL peers
The largest companies in the same industry, then in the same sector.
- ORSTED.CO Orsted
- NEE NextEra Energy, Inc.
- IBE.MC Iberdrola SA
- ENEL.MI Enel SpA
- SO Southern Co.
- 600900.SS China Yangtze Power
- DUK Duke Energy
- CEG Constellation Energy
Every utilities company we cover is on the Utilities hub.
Common questions
Is PPL Corp. (PPL) undervalued?
Against our fair value estimate of $31.70, PPL at $32.67 is 3% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own PPL?
14 of the institutions we track reported a position in PPL in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is PPL's P/E ratio?
PPL trades at 22.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does PPL Corp. (PPL) pay a dividend?
Yes. PPL Corp. yields 3.19% at the current share price. It has paid $1.13 per share over the trailing twelve months. It has paid a dividend in each of the last 41 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its PPL data?
Fundamentals for PPL come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 18:39 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for PPL, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.