PPL Corporation

PPL

Regulated Electric · Utilities

Price

$35.85

-0.53 (-1.46%)

Market Cap

$26.97B

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Share count falling — buybacks

−2.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 764.8M (2021) → 743.3M (2025)

PPL Corporation is a regulated electric and gas utility company. It delivers electricity and natural gas to homes, businesses, and industrial customers across Pennsylvania, Kentucky, and the United Kingdom. PPL owns and operates the power lines, pipes, and equipment that move energy from generators to end users.

PPL makes money by charging customers for delivering energy through its network. Because it operates as a regulated utility, government agencies set the rates it can charge, which limits big swings in revenue but also provides steady, predictable income. The company serves roughly 3.5 million customers across its service territories, and its main competitive advantage is that it holds exclusive licenses to operate in its regions — customers cannot simply switch to a different delivery company. The key risk PPL faces is rising capital costs, since utilities must constantly invest in upgrading aging infrastructure, and regulators may not always approve rate increases large enough to cover those expenses.

Winston Score History

Politician Trades

4 trades / 12mo

4 Congressional buys and 0 sells on PPL in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+10.8% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+7.1% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

0.2%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~7 months

$1.3B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

PPL Corporation has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

31.0%

Modest — 31.0% gross margin

Operating Margin

26.6%

Excellent — 26.6% operating margin

ROCE

2.1%

Weak — 2.1% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+7.5%

Steady sales growth (7.5% YoY)

EPS YoY

+21.5%

Earnings growing fast (21.5% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

219%

Turns 219% of profit into real cash

FCF Margin

-17.4%

Burning cash (-17.4%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

1.35

Elevated debt (1.35)

Interest Cover

2.61x

Tight — interest eats into profit (2.6x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

21.9x

Growth-priced — P/E 21.9

P/E above the market average. People are paying up for expected growth.

P/E vs Forward

+5.8

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (21.9 → 16.0)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

1.54%

Small dividend — 1.54% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth

+5.2%

Dividend growing modestly (5.2% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial