PPL Corporation (PPL)

Sector: Utilities|Industry: Utilities - Regulated Electric|Market Cap: $23.81B|Employees: 9.8K


PPL Corporation is a utility holding company that, through its regulated subsidiaries, delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island and natural gas to customers in Kentucky and Rhode Island. The company's market position is as a regulated utility, and its competitive advantages are its established infrastructure and regulatory relationships. PPL primarily serves the eastern US.

  1. Filings

Filing Highlights

Financial Performance

PPL Corporation's net income increased to $414 million for the three months ended March 31, 2025, compared to $307 million for the same period in 2024. This increase was primarily driven by higher operating income, which rose from $545 million to $678 million.

PPL's operating revenues increased by $200 million, from $2,304 million in 2024 to $2,504 million in 2025. This increase is spread across the Kentucky, Pennsylvania, and Rhode Island regulated segments.

Basic earnings per share increased from $0.42 to $0.56 year-over-year. This increase is consistent with the increase in net income.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment