PPL Corporation

PPL Corporation

PPLยทNYSE

$35.16

+0.40%
UtilitiesRegulated Electric

PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$26.45B
EPS1.6000
P/E Ratio21.97
Earnings Date07/30/2026
PPL Corporation

PPL Corporation Fair Value Envelope

PPL ยท NYSE

Our analysis suggests that PPL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $35.16, this represents a potential HIDDEN relative to our calculated worth for PPL Corporation.

Intrinsic Value
Current Price: $35.16

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.6B
+ Cash & Equivalents$1.1B
Firm Value$2.7B
- Debt$19.4B
Equity Value-$16.7B
/ Shares Outstanding739,597,315B
DCF Value-$23
OVERVALUED BY 164%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.3B
$657.3M
$328.6M
$164.3M
$82.2M
$41.1M
$20.5M
$10.3M
$5.1M
$2.6M
Maintenance CapEx
-$403.0M
-$201.5M
-$100.8M
-$50.4M
-$25.2M
-$12.6M
-$6.3M
-$3.1M
-$1.6M
-$787.1K
Owner Earnings
$911.5M
$455.8M
$227.9M
$113.9M
$57.0M
$28.5M
$14.2M
$7.1M
$3.6M
$1.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$844.0M
$390.7M
$180.9M
$83.7M
$38.8M
$17.9M
$8.3M
$3.8M
$1.8M
$824.6K
Terminal Value represents 0.9% of Enterprise Value