PPL Stock Analysis: PPL | NYSE

Electricity, Natural Gas, Renewable Energy, Power Generation

Total Rating 33

Safety 58

Buy Signal -0.15

Utilities - Regulated Electric
Industry Rotation: +11.4

Market Cap: 27.1B
Avg Turnover: 244M

Risk 3d forecast

Volatility17.0%

VaR 5^th Pctl3.13%

VaR vs Median11.9%

Reward TTM

Sharpe Ratio-0.06

Rel. Str. IBD52.7

Rel. Str. Peer Group41.5 pctl

Character TTM

Beta-0.126

Beta Downside-0.028

Hurst Exponent0.486

Choppyness45.6%

Drawdowns 3y

Max DD18.37%

CAGR/Max DD0.88

CAGR/Mean DD3.62

EPS (Earnings per Share)

EPS CAGR: 4.79%
EPS Trend: 79.3%

Last SUE: 0.32
Qual. Beats: 0

Revenue

Rev. CAGR: 6.27%
Rev. Trend: 97.4%

Last SUE: 0.82
Qual. Beats: 0

Warnings

Altman Z'' In Financial Distress Zone

Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan +0.7% 5

Feb -1.9% 18

Mar +2.3% 19

Apr -0.4% 20

May -0.9% 8

Jun -3.3% 20

Jul +0.7% 21

Aug +0.2% 5

Sep -2.3% 34

Oct +1.1% 2

Nov +0.4% 2

Dec -0.2% 13

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: PPL PPL

PPL Corporation is a U.S. regulated utility holding company that delivers electricity and natural gas to roughly 3.6 million customers across Kentucky, Pennsylvania, and Rhode Island, operating through three state-aligned regulated segments. Its business model is the classic vertically integrated, rate-regulated utility structure common to the Electric Utilities sub-industry, where state public utility commissions set allowed rates of return in exchange for the obligation to serve customers within a defined service territory.

The company transmits and distributes electricity in eastern and central Pennsylvania, while in Kentucky, Virginia, and Rhode Island it owns and operates generation, transmission, and distribution assets. It also distributes natural gas in Kentucky and Rhode Island, sells wholesale electricity in Kentucky, and operates a generation fleet fueled by coal, natural gas, hydroelectric, and solar sources. This diversified but coal-anchored generation mix is increasingly relevant given sector-wide decarbonization and ESG pressures facing U.S. electric utilities.

Founded in 1920 and headquartered in Allentown, Pennsylvania, PPL rebranded from PP&L Resources, Inc. in 2000 and has been publicly traded on the NYSE since 1985. As a regulated utility, its earnings are largely insulated from commodity price volatility, with returns driven primarily by rate base growth, capital investment recovered through rate cases, and authorized returns on equity granted by regulators in each jurisdiction.

Headlines to Watch Out For

Pennsylvania and Kentucky rate cases drive earnings growth
Higher interest rates pressure utility valuations and capex costs
Transmission modernization capex expands regulated rate base

Piotroski VR-10 (Strict) 2.0

Net Income: 1.31b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 3.12 > 1.0
NWC/Revenue: -11.12% < 20% (prev -11.79%; Δ 0.67% < -1%)
CFO/TA 0.05 > 3% & CFO 2.60b > Net Income 1.31b
Net Debt (20.5b) to EBITDA (4.04b): 5.07 < 3
Current Ratio: 0.75 > 1.5 & < 3
Outstanding Shares: last quarter (755.3m) vs 12m ago 1.48% < -2%
Gross Margin: 26.79% > 18% (prev 38.11%; Δ -11.32% > 0.5%)
Asset Turnover: 21.16% > 50% (prev 20.44%; Δ 0.72% > 0%)
Interest Coverage Ratio: 2.81 > 6 (EBIT TTM 2.52b / Interest Expense TTM 898.0m)

Altman Z'' 0.97

A: -0.02 (Total Current Assets 3.20b - Total Current Liabilities 4.28b) / Total Assets 47.3b
B: 0.08 (Retained Earnings 3.61b / Total Assets 47.3b)
C: 0.06 (EBIT TTM 2.52b / Avg Total Assets 45.6b)
D: 0.47 (Book Value of Equity 15.2b / Total Liabilities 32.1b)
Altman-Z'' = 0.97 = BB

Beneish M -2.58

DSRI: 1.03 (Receivables 1.61b/1.46b, Revenue 9.66b/8.98b)
GMI: 1.42 (GM 38.11% / 26.79%)
AQI: 0.98 (AQ_t 0.11 / AQ_t-1 0.12)
SGI: 1.08 (Revenue 9.66b / 8.98b)
TATA: -0.03 (NI 1.31b - CFO 2.60b) / TA 47.3b)
Beneish M = -2.58 (Cap -4..+1) = A

What is the price of PPL shares?

As of November 07, 2026, the stock is trading at USD 35.80 with a total of 18,188,721 shares traded. Over the past week, the price has changed by +0.42%, over one month by +6.23%, over three months by +4.27% and over the past year by +1.26%.

Current recommended Stop Loss: 34.90 (which is 2.5% or 1.5 ATR below the current price).

Is PPL a buy, sell or hold?

PPL has received a consensus analysts rating of 4.37. Therefore, it is recommended to buy PPL.

StrongBuy: 11
Buy: 4
Hold: 4
Sell: 0
StrongSell: 0

What are the forecasts/targets for the PPL price?

Analysts Target Price	39.7	10.9%

PPL (PPL) - Fundamental Data Overview as of 07 November 2026

Market Cap USD = 27.1b (27.1b USD * 1.0 USD.USD)
P/E Trailing = 21.3018
P/E Forward = 17.0068
P/S = 2.8827
P/B = 1.7867
P/EG = 1.3084
Revenue TTM = 9.66b USD
EBIT TTM = 2.52b USD
EBITDA TTM = 4.04b USD
Long Term Debt = 18.0b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.04b USD (from shortTermDebt, last quarter)
Debt = 20.9b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.5b USD (calculated: Debt 20.9b - CCE 393.0m)
Enterprise Value = 47.6b USD (27.1b + Debt 20.9b - CCE 393.0m)
Interest Coverage Ratio = 2.81 (Ebit TTM 2.52b / Interest Expense TTM 898.0m)
EV/FCF = 189.6x (Enterprise Value 47.6b / FCF TTM 251.0m)
FCF Yield = 0.53% (FCF TTM 251.0m / Enterprise Value 47.6b)
FCF Margin = 2.60% (FCF TTM 251.0m / Revenue TTM 9.66b)
Net Margin = 13.62% (Net Income TTM 1.31b / Revenue TTM 9.66b)
Gross Margin = 26.79% ((Revenue TTM 9.66b - Cost of Revenue TTM 7.07b) / Revenue TTM)
Gross Margin QoQ = 26.63% (prev 22.50%)
Tobins Q-Ratio = 1.01 (Enterprise Value 47.6b / Total Assets 47.3b)
Interest Expense / Debt = 4.30% (Interest Expense 898.0m / Debt 20.9b)
Taxrate = 19.18% (312.0m / 1.63b)
NOPAT = 2.04b (EBIT 2.52b * (1 - 19.18%))
Current Ratio = 0.75 (Total Current Assets 3.20b / Total Current Liabilities 4.28b)
Debt / Equity = 1.37 (Debt 20.9b / totalStockholderEquity, last quarter 15.2b)
Debt / EBITDA = 5.07 (Net Debt 20.5b / EBITDA 4.04b)
Debt / FCF = 81.66 (Net Debt 20.5b / FCF TTM 251.0m)
Total Stockholder Equity = 15.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.88% (Net Income 1.31b / Total Assets 47.3b)
RoE = 8.74% (Net Income TTM 1.31b / Total Stockholder Equity 15.0b)
RoCE = 7.64% (EBIT 2.52b / Capital Employed (Equity 15.0b + L.T.Debt 18.0b))
RoIC = 4.67% (NOPAT 2.04b / Invested Capital 43.7b)
WACC = 4.47% (E(27.1b)/V(48.0b) * Re(5.23%) + D(20.9b)/V(48.0b) * Rd(4.30%) * (1-Tc(0.19)))
Discount Rate = 5.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 89.95 | Cagr: 0.94%
[DCF] Terminal Value 75.44% ; FCFF base≈251.0m ; Y1≈252.0m ; Y5≈267.0m
[DCF] Fair Price = N/A (negative equity: EV 4.15b - Net Debt 20.5b = -16.3b; debt exceeds intrinsic value)
EPS Correlation: 79.31 | EPS CAGR: 4.79% | SUE: 0.32 | # QB: 0
Revenue Correlation: 97.41 | Revenue CAGR: 6.27% | SUE: 0.82 | # QB: 0
EPS current Year (2026-12-31): EPS=1.95 | Chg30d=-0.13% | Revisions=-40% | GrowthEPS=+7.6% | GrowthRev=+6.6%
EPS next Year (2027-12-31): EPS=2.12 | Chg30d=-0.05% | Revisions=-40% | GrowthEPS=+8.7% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -57% (up=0, down=4)