PPL
PPL Corporation is a leading utility holding company that provides essential energy services through its regulated subsidiaries. The company delivers electricity and natural gas to millions of customers across Pennsylvania, Kentucky, Virginia, and Rhode Island, while also operating a significant power generation portfolio in Kentucky. Its core value proposition centers on maintaining a reliable, modernized energy grid and transitioning toward a net-zero carbon emission goal by 2050.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
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Kentucky Regulated
primaryComprises the operations of LG&E and KU, focusing on the regulated generation, transmission, distribution, and sale of electricity, as well as natural gas distribution in Kentucky and Virginia.
Electricity Generation, Electricity Transmission, Electricity Distribution, Natural Gas Distribution, Solar Share program
Residential, Commercial, Industrial, Municipalities
Pennsylvania Regulated
majorConsists of PPL Electric's operations, providing regulated electricity transmission and distribution services in eastern and central Pennsylvania.
Electricity Transmission, Electricity Distribution, Provider of Last Resort (PLR) supply
Residential, Small Commercial, Large Commercial, Industrial
Rhode Island Regulated
majorOperated through RIE, this segment manages the regulated transmission and distribution of electricity and natural gas throughout Rhode Island.
Electricity Transmission, Electricity Distribution, Natural Gas Distribution, Last Resort Service (LRS)
Residential, Commercial, Industrial
Segment Financials
Pennsylvania Regulated — Expenditures for long-lived assets
View metricBusiness Overview
Competitive Position
PPL operates as a regulated monopoly in its distribution service territories, facing indirect competition from alternative energy sources and competitive generation suppliers in deregulated markets.
Geographies
Pennsylvania, Kentucky, Virginia, Rhode Island, United States
Customer Segments
Retail Consumers, Commercial Enterprises, Industrial Manufacturers, Wholesale Municipalities
Upstream Dependencies
Coal suppliers, Natural gas producers, Interstate pipeline operators, Solar facility developers, Power plant equipment manufacturers
Downstream Customers
Residential households, Small and large businesses, Industrial facilities, Municipal utility systems
Competitors & Partners
Competitors
Partners
Tennessee Valley Authority
Acts as transmission reliability coordinator for Kentucky operations
TranServ International, Inc.
Acts as independent transmission organization for Kentucky operations
PJM Interconnection
Regional Transmission Operator for Pennsylvania transmission assets
ISO New England
Coordinates transmission services for Rhode Island operations
Subsidiaries
PPL Electric Utilities Corporation
Pennsylvania regulated electric utility
Louisville Gas and Electric Company
Kentucky regulated electric and gas utility
Kentucky Utilities Company
Kentucky and Virginia regulated electric utility
Rhode Island Energy
Rhode Island regulated electric and gas utility
PPL Capital Funding
Financing vehicle for PPL and its subsidiaries
PPL FAQ
Common questions about PPL
PPL Corporation is a leading utility holding company that provides essential energy services through its regulated subsidiaries. The company delivers electricity and natural gas to millions of customers across Pennsylvania, Kentucky, Virginia, and Rhode Island, while also operating a significant power generation portfolio in Kentucky. Its core value proposition centers on maintaining a reliable, modernized energy grid and transitioning toward a net-zero carbon emission goal by 2050.
PPL (PPL) has a market capitalization of $26.3B and trades on NYSE.
PPL generated $9.3B in trailing twelve-month revenue with net income of $1.2B, representing a net margin of 13.1%, with free cash flow of -$1.6B. These figures are based on the Q1 2026 filing.
PPL's key competitors include FirstEnergy Corp., Exelon Corporation, American Electric Power, and others. These companies compete in similar markets and product categories.
PPL has approximately 6,629 employees.