PPL - NYSE
PPL Corporation
$35.16
+0.40%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 SnapshotPPL Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
PPL Corporation Cash Flow Statement
PPL • NYSE
| PPL Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
1.2B | 888M | 740M | 714M | 18M | 640M | 736M | 1.8B | 1.1B | 1.9B | 1.6B | 1.4B | 1.4B | 1.5B | 1.5B | 959M | 426M | 950M | 1.3B | 865M | |
1.4B | 1.4B | 1.3B | 1.2B | 1.1B | 1.1B | 1B | 1.2B | 1.1B | 1B | 942M | 988M | 909M | 1.3B | 1.2B | 780M | 860M | 461M | 891M | 755M | |
192M | 196M | 322M | 179M | 87M | 169M | 169M | 355M | 707M | 560M | 428M | 666M | 387M | 424M | 582M | 241M | 104M | 43M | 42M | -25M | |
0.0 | 46M | 33M | 37M | 37M | 29M | 36M | 26M | 38M | 28M | 31M | 64M | 0.0 | 49M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-87M | -140M | -533M | -41M | 985M | 713M | 656M | -712M | -471M | -522M | -258M | 38M | 420M | -508M | -962M | 409M | 356M | 144M | -384M | -29M | |
(0.0) | (123M) | (281M) | (163M) | (284M) | (4M) | (93M) | (127M) | (65M) | (70M) | (179M) | (190M) | (128M) | (73M) | (76M) | (313M) | (16M) | (300M) | (376M) | (270M) | |
-79M | -7M | -139M | -392M | 22M | 115M | -177M | 153M | -46M | -84M | -131M | 210M | -228M | -18M | 160M | -356M | 106M | -9M | -266M | 192M | |
2.6B | 2.3B | 1.8B | 1.7B | 2.3B | 2.7B | 2.4B | 2.8B | 2.5B | 2.9B | 2.6B | 3.4B | 2.9B | 2.7B | 2.5B | 2B | 1.9B | 1.6B | 1.6B | 1.8B | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-4B | -2.8B | -2.4B | -2.2B | -2B | -3.2B | -3.1B | -3.2B | -3.2B | -3B | -3.5B | -4.2B | -4.3B | -3.1B | -2.5B | -1.7B | -1.3B | -1.8B | -1.7B | -1.4B | |
(0.0) | (0.0) | (0.0) | -3.5B | (10.6B) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (900M) | -95M | -84M | -5.8B | (161M) | (81M) | (444M) | (898M) | (110M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -55M | -65M | (0.0) | (0.0) | (0.0) | -290M | -159M | -154M | -169M | -128M | -36M | -514M | -601M | -923M | |
0.0 | 0.0 | 0.0 | 146M | 0.0 | 9M | 69M | 0.0 | 0.0 | 2M | 136M | 154M | 144M | 159M | 319M | 114M | 154M | 392M | 860M | 611M | |
26M | -13M | 7M | -131M | -630M | -18M | -11M | -64M | -28M | -8M | -191M | -435M | -651M | 81M | 148M | 32M | 136M | -114M | -86M | -21M | |
-4B | -2.8B | -2.4B | -5.7B | (8B) | -3.3B | -3.1B | -3.4B | -3.2B | -2.9B | -3.6B | -3.3B | -4.3B | -3.1B | -8B | -8.2B | -880M | -1.6B | -614M | -1.6B | |
FINANCING ACTIVITIES | ||||||||||||||||||||
401M | 0.0 | 0.0 | 0.0 | -994M | 0.0 | 1.2B | 698M | 453M | 144M | 203M | 1.1B | -74M | 72M | 2.3B | 2.4B | 60M | -19M | -680M | 266M | |
2.6B | 1.2B | 1.4B | 1.5B | -5.1B | 1.2B | 887M | 1.1B | 1.5B | 441M | 1.3B | 206M | 1.3B | 1.2B | 4.3B | 4.7B | -770M | 1.3B | -170M | 277M | |
-794M | -747M | -704M | -787M | -1.3B | -1.3B | -1.2B | -1.1B | -1.1B | -1B | -1B | -967M | -878M | -833M | -746M | -566M | -517M | -491M | -459M | -409M | |
(0.0) | (0.0) | (0.0) | (0.0) | -1B | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -74M | -250M | (0.0) | -54M | (0.0) | -38M | -712M | (0.0) | |
-67M | -23M | -51M | -6M | -72M | 458M | -26M | -20M | -19M | 6M | -461M | 1.3B | 1.3B | -130M | -92M | -206M | -44M | -24M | -17M | -39M | |
2.1B | 435M | 650M | 709M | -7.4B | 386M | 836M | 690M | 824M | -439M | 68M | 583M | 1.6B | 48M | 5.8B | 6.3B | -1.3B | 721M | -1.3B | 95M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 292M | -249M | 10M | -18M | 15M | -28M | -10M | -8M | 8M | 10M | -45M | 13M | 0.0 | -13M | 5M | 3M | |
747M | -43M | 25M | -3.2B | 3.1B | -375M | 193M | 132M | 144M | -495M | -563M | 649M | 201M | -301M | 277M | 124M | -299M | 670M | -364M | 239M | |
339M | 382M | 357M | 3.6B | 443M | 818M | 643M | 511M | 341M | 836M | 1.4B | 1.1B | 901M | 1.2B | 925M | 801M | 1.1B | 430M | 794M | 555M | |
1.1B | 339M | 382M | 357M | 3.6B | 443M | 836M | 643M | 485M | 341M | 836M | 1.8B | 1.1B | 901M | 1.2B | 925M | 801M | 1.1B | 430M | 794M | |
-1.4B | -465M | -632M | -425M | 297M | 476M | -656M | -417M | -710M | -67M | -955M | -782M | -1.5B | -341M | 20M | 345M | 555M | -161M | -114M | 364M |
SEC Filings
PPL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 04, 2026 | June 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 18, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 15, 2026 | May 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 08, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 01, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 24, 2026 | March 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 13, 2026 | March 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 06, 2026 | March 05, 2026 | 2026 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.