FirstEnergy Corporation (FE) vs PPL Corporation (PPL)

FirstEnergy Corporation and PPL Corporation are both Utilities Regulated Electric companies. FirstEnergy Corporation and PPL Corporation are of similar size ($25.1B and $24.1B). PPL Corporation trades at the lower P/E: 18.8× against 23.0×. FirstEnergy Corporation grew revenue faster over the last twelve months: 12.6% against 6.72%. PPL Corporation has the higher net margin (13.5% vs 6.86%) and the higher return on invested capital (4.04% vs 3.34%). Both pay a dividend; FirstEnergy Corporation yields more (4.64% vs 3.74%). Across the 22 metrics below, PPL Corporation leads on 15 and FirstEnergy Corporation on 7.

Valuation

Metric FE PPL Utilities Regulated Electric median
P/E 23.05 18.84 18.84
P/S 1.58 2.56 2.52
P/B 1.74 1.60 1.63
Price to free cash flow n/m n/m 36.22
EV/EBITDA 14.61 11.71 11.82
EV/Sales 3.40 4.69 4.58
Earnings yield 4.34% 5.31% 5.30%
Free cash flow yield (7.80%) (8.37%) (5.06%)

Profitability

Metric FE PPL Utilities Regulated Electric median
Gross margin 63.48% 68.62% 66.28%
Operating margin 14.60% 24.10% 21.79%
Net margin 6.86% 13.45% 12.94%
Free cash flow margin (12.35%) (21.20%) (11.51%)
Return on equity 7.59% 8.62% 9.75%
Return on assets 1.93% 2.85% 2.75%
Return on invested capital 3.34% 4.04% 3.87%

Growth

Metric FE PPL Utilities Regulated Electric median
Revenue growth (TTM) 12.63% 6.72% 7.43%
EPS growth (last fiscal year) 3.53% 32.50% —
Revenue growth, 5-year CAGR 6.94% 10.56% 6.75%
Net income growth, 5-year CAGR (1.12%) (4.30%) 6.44%

Health

Metric FE PPL Utilities Regulated Electric median
Debt to equity 2.01 1.35 1.53
Current ratio 0.54 0.91 0.81
Net debt to EBITDA 7.04 5.16 5.25

Dividend

Metric FE PPL Utilities Regulated Electric median
Dividend yield 4.64% 3.74% 4.33%
Payout ratio 1.95 0.96 0.66

Size

Metric FE PPL Utilities Regulated Electric median
Market cap 25.11b 24.06b 22.90b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack