PPLC
PPL Corporation Corporate UnitUtilities·Regulated Electric
$47.91
$35.6B market cap
Revenue
$5.0B
Free Cash Flow
$-1.1B
Rev Growth
+0.0%
FCF Margin
-22.1%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
PPL Corp. engages in the generation, transmission and distribution of electricity. It operates through the following segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The Kentucky Regulated segment consists of LKE's regulated electricity generation, transmission and distribution operations of Louisville Gas and Electric Company and Kentucky Utilities Company as well as regulated distribution and sale of natural gas of Louisville Gas and Electric Company. The Rhode
2-Year Price History
$48.86-0.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 2,775 | 1,129 | 738.0 | 452.0 | 557.0 | -501.0 | -1,058 | 1,251 | 20,238 | 757.2 | 10.0% | 5.1x | -- |
| Act | 2025-Q4 | 2,274 | 903.0 | 476.0 | 266.0 | 548.0 | -614.0 | -1,162 | 1,071 | 19,350 | 745.1 | 6.8% | 4.3x | -- |
Valuation & Metrics
Market Stats
Price$47.91
Market Cap$35.6B
Enterprise Value$54.6B
P/S Ratio7.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)-22.1%
FCF Yield-3.1%
Dividend Yield (TTM)3.4%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$5.0B
Net Income$718.0M
Free Cash Flow$-1.1B
Revenue Growth (YoY)+0.0%
EBITDA Margin40.2%
Net Margin14.2%
FCF Margin-22.1%
CapEx % of Revenue44.0%
SBC % of Revenue0.0%
ROIC8.4%
WC Change % Rev-3.8%
Interest Coverage4.7x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)+50.3%
Need at least 2 settlement dates for chart
Employees
Headcount6,546
Revenue / Employee$771,311
Gross Profit / Employee$271,922
Cash Runway
13.5months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
2.5%
39 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.3%
2 filers
Vanguard, iShares, SPDR
Market makers
0.1%
2 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
Not enough quarterly ownership history to chart yet.
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| FRANKLIN RESOURCES INC | $161M | $50.52 | +$159M | +$161M | — | $403.03B |
| Calamos Advisors LLC | $115M | $50.52 | +$113M | +$115M | — | $20.82B |
| CAMDEN ASSET MANAGEMENT L P /CA | $90.8M | $50.52 | +$89.9M | +$90.8M | — | $2.93B |
| BlackRock, Inc.Passive | $80.9M | $50.52 | +$79.7M | +$80.9M | — | $5.69T |
| Portman Square Capital LLP | $78.3M | $50.52 | +$77.3M | +$78.3M | — | $576M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $66.6M | $50.52 | +$65.8M | +$66.6M | — | $113.45B |
| Weiss Asset Management LP | $47.5M | $50.52 | +$47.0M | +$47.5M | — | $4.24B |
| TWO SIGMA INVESTMENTS, LP | $34.9M | $50.52 | +$34.4M | +$34.9M | — | $117.03B |
| AMERIPRISE FINANCIAL INC | $32.1M | $50.52 | +$31.8M | +$32.1M | — | $430.96B |
| D. E. Shaw & Co., Inc. | $30.6M | $50.52 | +$30.3M | +$30.6M | — | $118.02B |
| WELLINGTON MANAGEMENT GROUP LLP | $30.0M | $50.52 | +$29.9M | +$30.0M | — | $533.98B |
| Sculptor Capital LP | $22.7M | $50.52 | +$22.4M | +$22.7M | — | $4.63B |
| Aequim Alternative Investments LP | $20.5M | $50.52 | +$20.2M | +$20.5M | — | $1.19B |
| SUSQUEHANNA ADVISORS GROUP, INC.MM | $20.5M | $50.52 | +$20.2M | +$20.5M | — | $1.90B |
| TPG GP A, LLC | $18.9M | $50.52 | +$18.7M | +$18.9M | — | $3.32B |
| Context Capital Management, LLC | $15.4M | $50.52 | +$15.2M | +$15.4M | — | $541M |
| STATE STREET CORPPassive | $13.7M | $50.52 | +$13.6M | +$13.7M | — | $2.89T |
| Nuveen, LLC | $13.4M | $50.52 | +$13.2M | +$13.4M | — | $368.63B |
| FMR LLC | $12.7M | $50.52 | +$12.6M | +$12.7M | — | $1.89T |
| BlueCrest Capital Management Ltd | $11.7M | $50.52 | +$11.5M | +$11.7M | — | $920M |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.30%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
-0.30%
43 buyers · $1.01B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-2.9%
how holders react when this stock falls
On quiet Qs
-3.7%
−10% to +10% baseline
On rallies (+10%+)
-14.5%
how they react when this stock rises
Holders' portfolio flow this Q
+7.4%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
New buyers this quarter
FRANKLIN RESOURCES INC+$0.16BCalamos Advisors LLC+$0.11BCAMDEN ASSET MANAGEMENT L P /CA+$0.09BBlackRock, Inc.+$0.08BPortman Square Capital LLP+$0.08BMANUFACTURERS LIFE INSURANCE COMPANY, THE+$0.07BWeiss Asset Management LP+$0.05BTWO SIGMA INVESTMENTS, LP+$0.03BAMERIPRISE FINANCIAL INC+$0.03BD. E. Shaw & Co., Inc.+$0.03B
Top-5 holders · 52.1%
FRANKLIN RESOURCES INC--
Calamos Advisors LLC--
CAMDEN ASSET MANAGEMENT L P /CA--
BlackRock, Inc.--
Portman Square Capital LLP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
Not enough holder history to plot.
Corporate
Order Flow (FINRA, ~3w lag)
96.4%retail
0.6%dark
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.