NYSE · Utilities

PPL Corp (PPL)

PPL Corp brought in $9.4B of revenue over the twelve months to March 31, 2026, up 8.1% from a year earlier. Net income was $1.2B, a net margin of 13.0%. In fiscal 2025 capital spending exceeded operating cash flow by $1.4B. At March 31, 2026 it held $1.2B in cash against $20B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.

Watch PPL in 60 seconds

Price

$32.03

+0.19% on the day · September 25, 2026

52-week range $31.56 to $40.11

Market cap

$24.1B

Revenue (last 12 months)

$9.4B

+8.1% year on year

Net margin

13.0%

P/E

20.1

on FY2025 diluted EPS

What PPL Corp does

PPL Corp is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker PPL.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$9.2B	$2.1B	$1.2B	$1.59	-$1.4B
2024	$8.5B	$1.7B	$888M	$1.20	-$465M
2023	$8.3B	$1.6B	$740M	$1.00	-$632M
2021	$7.9B	$1.4B	$756M	$1.02	-$425M
2021	$5.8B	$1.4B	-$1.5B	-$1.93	$297M
2019	$5.5B	$1.6B	$1.5B	$1.91	$476M

Full financial statements: income, balance sheet and cash flow

Next report expected around October 30, 2026.

Estimated from its filing rhythm: about 84 days after its last report of August 7, 2026, its usual gap. Not a date the company has announced. See the report calendar

Where PPL ranks in Utilities

Revenue$9.2B

#34 of 125 in Utilities · Top 27%

Revenue growth+8.4%

#69 of 132 in Utilities · Bottom 48%

Net margin12.9%

#55 of 132 in Utilities · Top 41%

Free cash flow margin-15.3%

#81 of 107 in Utilities · Bottom 25%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Utilities

Dividends

PPL Corp declared $1.09 per share in fiscal 2025. At the current price that is a yield of 3.40%. It paid out $794M in cash dividends, 67% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	$1.09	$794M	67%
2024	$1.03	$747M	84%
2023	$0.96	$704M	95%
2021	$0.88	$787M	104%
2021	$1.66	$1.3B	n/a
2019	$1.66	$1.3B	87%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What PPL Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

August 27, 2026
Other event 8-K
August 17, 2026
Other event 8-K
August 7, 2026
Quarterly report 10-Q · period to June 30, 2026
August 7, 2026
Quarterly results 8-K
July 31, 2026
Passive stake (5% or more) SCHEDULE 13G
July 28, 2026
Passive stake changed SCHEDULE 13G/A
June 30, 2026
Executive or director change 8-K
June 10, 2026
Employee plan annual report 11-K
June 4, 2026
Other event 8-K
May 18, 2026
Material agreement 8-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 2, 2026. Insider transactions on SEC

Insider trades

What the people running PPL Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)

last 90 days

Sold

last 90 days

Date	Insider	What	Shares	Price	Value	Filing
September 1, 2026	Martin Christine MPresident of a PPL Subsidiary	Exercised options	1,212	$34.47	$41.8K	Form 4
September 1, 2026	Martin Christine MPresident of a PPL Subsidiary	Shares withheld for tax	346	$34.47	$11.9K	Form 4
June 12, 2026	Cornett John GregoryPresident of a PPL Subsidiary	Soldpre-planned (10b5-1)	7,051	$35.56	$250.7K	Form 4
April 24, 2026	Bonenberger David JEVP & COO-Utilities	Exercised options	217	$38.75	$8.4K	Form 4
April 24, 2026	Bonenberger David JEVP & COO-Utilities	Shares withheld for tax	95	$38.75	$3.7K	Form 4
April 24, 2026	Bellar Lonnie EEVP-Eng, Constr and Gen	Exercised options	81	$38.75	$3.2K	Form 4
April 24, 2026	Bellar Lonnie EEVP-Eng, Constr and Gen	Shares withheld for tax	37	$38.75	$1.4K	Form 4
April 8, 2026	Sorgi VincentPresident and CEO	Gave as a gift	33,000	-	-	Form 4
February 20, 2026	Beers Marlene CVice President and Controller	Exercised options	3,282	$37.44	$122.9K	Form 4
February 20, 2026	Beers Marlene CVice President and Controller	Shares withheld for tax	945	$37.44	$35.4K	Form 4
February 20, 2026	Bellar Lonnie EEVP-Eng, Constr and Gen	Exercised options	3,533	$37.44	$132.3K	Form 4
February 20, 2026	Bellar Lonnie EEVP-Eng, Constr and Gen	Shares withheld for tax	1,036	$37.44	$38.8K	Form 4
February 20, 2026	Sorgi VincentPresident and CEO	Exercised options	68,775	$37.44	$2.6M	Form 4
February 20, 2026	Sorgi VincentPresident and CEO	Shares withheld for tax	30,103	$37.44	$1.1M	Form 4
February 20, 2026	Cornett John GregoryPresident of a PPL Subsidiary	Exercised options	2,076	$37.44	$77.7K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns PPL

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Vanguard Capital Management13G, passive	7.31%	54,981,572	April 30, 2026
Vanguard Portfolio Management13G, passive	5.02%	37,769,687	July 31, 2026

Latest filings below 5%: T. Rowe Price Investment Management, Inc. 2.8% (May 15, 2026); The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,033 managers reported a position.

Holder	Shares	Value	Change on quarter
BlackRock, Inc.	67,100,264	$2.44B	+3,875,549
Vanguard Capital Management LLC	47,876,837	$1.74B	+678,199
State Street Corp	40,497,920	$1.48B	+1,082,096
Vanguard Portfolio Management LLC	37,684,426	$1.37B	+1,072,455
Invesco Ltd.	28,821,623	$1.05B	-98,532
Wellington Management Group Llp	21,372,119	$776.9M	-3,137,182
Geode Capital Management, LLC	19,940,050	$722M	+572,722
Morgan Stanley	16,397,552	$596.1M	-566,898
Fmr LLC	16,262,056	$591.1M	+3,747,971
Franklin Resources Inc	16,174,111	$587.9M	-27,662,001
Barclays PLC	14,738,460	$535.7M	+1,352,962
Citadel Advisors LLC	14,356,145	$521.8M	+6,030,510
Bank of America Corp	11,327,646	$411.8M	-3,078,692
Millennium Management LLC	10,337,308	$375.8M	+1,751,130
Federated Hermes, Inc.	9,477,781	$344.5M	+1,260,815
Qube Research & Technologies Ltd	9,378,230	$340.9M	+7,512,690
Jane Street Group, LLC	9,241,378	$335.9M	+9,199,716
Point72 Asset Management, L.P.	8,354,771	$303.7M	+2,695,447
Northern Trust Corp	7,626,715	$277.2M	-238,915
Goldman Sachs Group Inc	6,912,520	$251.3M	-1,787,131

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

12 insiders reported holding 1,289,520 shares in total, about $41.3M at the last price.

Holder	Shares	As of
Sorgi VincentPresident and CEO	612,492	April 8, 2026
Bergstein Joseph P JrEVP and CFO	214,496	February 20, 2026
Stark Wendy EEVP & CLO	104,626	February 20, 2026
Bonenberger David JEVP & COO-Utilities	71,961	April 24, 2026
Gosman Angela KEVP and CHRO	56,615	February 20, 2026
Beers Marlene CVice President and Controller	54,953	February 20, 2026
Crockett John R IIIPresident of a PPL Subsidiary	52,184	February 20, 2026
Martin Christine MPresident of a PPL Subsidiary	47,602	September 1, 2026
Bellar Lonnie EEVP-Eng, Constr and Gen	42,205	April 24, 2026
Henninger Tadd JSVP-Finance and Treasurer	22,965	February 20, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about PPL

What does PPL Corp do?

PPL Corp is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker PPL.

Is PPL Corp profitable?

Yes. Over the twelve months to March 31, 2026 it reported net income of $1.2B on revenue of $9.4B, a net margin of 13.0%.

How much revenue does PPL Corp make?

Over the twelve months to March 31, 2026 PPL Corp reported revenue of $9.4B. That is 8.1% more than a year earlier.

When did PPL Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 2, 2026.

Similar companies

KEP

Korea Electric Power Corp

Energy Co of Minas Gerais

Compare PPL with

Compare PPL with any company

Follow PPL

Get an email when PPL Corp files with the SEC: results, executive changes, material agreements and annual reports.

Follow PPL: get an email when it files

Where the numbers come from

Financial figures are the values PPL Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.