PPL Corporation
PPL Corporation (NYSE: PPL) operates as a regulated utility holding company headquartered in Allentown, Pennsylvania, serving customers across multiple states through its principal subsidiaries. The company's website is www.pplweb.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What PPL Corporation does
In the company’s own words
PPL Corporation (NYSE: PPL) operates as a regulated utility holding company headquartered in Allentown, Pennsylvania, serving customers across multiple states through its principal subsidiaries. The company's website is www.pplweb.com.
PPL delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island, while also providing natural gas distribution services in Kentucky and Rhode Island. The company generates electricity from power plants located in Kentucky. PPL's business is organized into three reportable segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated, which collectively generated approximately $9.1 billion in operating revenues during 2025.
The Kentucky Regulated segment, representing the largest portion of operations, consists primarily of Louisville Gas and Electric Company and Kentucky Utilities Company. This segment generated $3.8 billion in revenues and serves approximately 1.4 million customers across 8,000 square miles. LG&E provides electric service to approximately 443,000 customers and natural gas service to approximately 336,000 customers in Louisville and surrounding counties. KU provides electric service to approximately 553,000 customers in Kentucky and approximately 28,000 customers in Virginia.
The Pennsylvania Regulated segment operates PPL Electric Utilities Corporation, which delivers electricity to approximately 1.5 million customers across 10,000 square miles in 29 counties of eastern and central Pennsylvania. This segment generated $3.1 billion in revenues. PPL Electric operates as a regulated distribution monopoly and provides electricity supply to retail customers as a Provider of Last Resort under Pennsylvania's Customer Choice Act.
The Rhode Island Regulated segment operates Rhode Island Energy, serving approximately 0.8 million customers across 1,200 square miles, generating $2.2 billion in revenues.
PPL's generation portfolio includes coal, natural gas, hydroelectric, and solar facilities. As of December 31, 2025, LG&E owned 2,466 megawatts of generating capacity while KU owned 4,798 megawatts. The company has retired approximately 1,500 megawatts of coal-fired generation since 2010 and continues developing renewable energy resources, including solar and battery storage facilities. PPL operates under cost-based regulation in its service territories, with rates subject to approval by state public utility commissions and certain transmission activities subject to Federal Energy Regulatory Commission jurisdiction.
Company details
- Sector
- Utilities
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- ALLENTOWN, PA
- Fiscal year end
- December
- CIK
- 922224
- SIC
- 4911
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns PPL Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · PPL Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
PPL Corporation’s bonds, as funds hold them
Funds report holding 40 issues of PPL Corporation’s debt, $1.83B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.52%, maturing 2026 to 2067.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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