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.
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PPL Corporation (PPL) P/B ratio
As of 16 October 2026, PPL Corporation (PPL) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 1.0× (March 2020) to 2.7× (June 2016); the current reading is higher than 49% of that period. That is in line with the Utilities Regulated Electric industry median of 1.8× and above the Utilities sector median of 1.6×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.7× | 2.29% |
| FY2024 | 1.7× | 16.90% |
| FY2023 | 1.5× | (5.76%) |
| FY2022 | 1.5× | (7.59%) |
| FY2021 | 1.7× | 3.11% |
| FY2020 | 1.6× | (19.45%) |
| FY2019 | 2.0× | 17.53% |
| FY2018 | 1.7× | (12.14%) |
| FY2017 | 1.9× | (16.35%) |
| FY2016 | 2.3× | 1.07% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.8× | (4.93%) |
| Mar 2026 | 1.9× | 9.88% |
| Dec 2025 | 1.7× | (8.74%) |
| Sep 2025 | 1.9× | 8.72% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| PCG Pacific Gas & Electric Co. compare | 0.9× |
| EIX Edison International compare | 1.1× |
| FTS Fortis compare | 1.5× |
| ES Eversource Energy compare | 1.5× |
| PPL PPL Corporation | 1.8× |
| FE FirstEnergy Corporation compare | 1.9× |
| AEE Ameren Corporation compare | 2.1× |
| DTE DTE Energy Company compare | 2.2× |
| CNP CenterPoint Energy, Inc. compare | 2.3× |
| Utilities Regulated Electric industry median | 1.8× |
| Utilities sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on PPL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement