PPL Corporation

PPL Utilities Utilities Regulated Electric

PPL Corporation’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 6.85% from fiscal 2024. In the quarter to June 2026, revenue grew 4.25%, EPS grew 24.0%, free cash flow fell 112.8% and total debt rose 14.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for five, operating cash flow growth for three.

35.17 0.69 +2.00%
Market cap
$26.0B
P/E
20.7×
Fwd P/E
18.6×
Dividend yield
3.21%
F-score
5/9
Altman Z
0.95
Beneish M
−2.49
Dividend safety
24/100

PPL Corporation (PPL) Free cash flow margin

Alert me on Free cash flow margin

PPL Corporation's free cash flow margin over the twelve months to 30 June 2026 was −21.2%, down 5.7 percentage points from fiscal 2025 (−15.5%). Over the past ten years it has ranged from −15.5% (fiscal 2025) to 8.70% (fiscal 2020) — the current reading is the lowest in ten years. That is below the Utilities Regulated Electric industry median of −11.5% and below the Utilities sector median of −11.7%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −15.5% (9.99)
FY2024 −5.50% 2.10
FY2023 −7.60% (2.22)
FY2022 −5.38% (10.52)
FY2021 5.14% (3.56)
FY2020 8.70% 5.42
FY2019 3.28% 8.64
FY2018 −5.36% 3.66
FY2017 −9.02% (8.62)
FY2016 −0.40% 12.05

Against its own ten years

Low −15.5% High 8.70%
Ten-year median −5.38%
Current reading's percentile 9

Free cash flow margin against peers

Company Free cash flow margin
ES Eversource Energy compare 2.13%
EIX Edison International compare −2.00%
DTE DTE Energy Company compare −11.7%
FE FirstEnergy Corporation compare −12.4%
PCG Pacific Gas & Electric Co. compare −16.5%
AEE Ameren Corporation compare −16.6%
FTS Fortis compare −16.6%
PPL PPL Corporation −21.2%
CNP CenterPoint Energy, Inc. compare −31.7%
Utilities Regulated Electric industry median −11.5%
Utilities sector median −11.7%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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