PPL Corporation PPL
- Market cap
- $24.1B
- P/E
- 18.8×
Follow PPL
PPL Corporation (PPL) EV/EBITDA
As of 25 September 2026, PPL Corporation (PPL) trades at a EV/EBITDA of 11.7×. Over the past ten years it has ranged from 9.5× (March 2015) to 32.5× (November 2020); the current reading is higher than 46% of that period. That is in line with the Utilities Regulated Electric industry median of 11.8× and in line with the Utilities sector median of 12.1×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 12.5× | (4.59%) |
| FY2024 | 13.1× | 8.93% |
| FY2023 | 12.0× | (11.61%) |
| FY2022 | 13.6× | 12.93% |
| FY2021 | 12.0× | (13.66%) |
| FY2020 | 13.9× | (27.14%) |
| FY2019 | 19.1× | 85.76% |
| FY2018 | 10.3× | (1.39%) |
| FY2017 | 10.4× | (2.09%) |
| FY2016 | 10.6× | (4.34%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 12.6× | (3.55%) |
| Mar 2026 | 13.0× | 4.65% |
| Dec 2025 | 12.5× | (6.09%) |
| Sep 2025 | 13.3× | 1.61% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PCG Pacific Gas & Electric Co. compare | 9.1× |
| ES Eversource Energy compare | 9.7× |
| PPL PPL Corporation | 11.7× |
| AEE Ameren Corporation compare | 12.2× |
| CNP CenterPoint Energy, Inc. compare | 12.4× |
| DTE DTE Energy Company compare | 12.7× |
| CMS CMS Energy Corporation compare | 12.8× |
| FTS Fortis compare | 13.1× |
| FE FirstEnergy Corporation compare | 14.6× |
| Utilities Regulated Electric industry median | 11.8× |
| Utilities sector median | 12.1× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on PPL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement