/
(All Registrants) PPL, headquartered in Allentown, Pennsylvania, is a utility holding company, incorporated in 1994. PPL, through its regulated utility subsidiaries, delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.
23.55% operating margin is above average. ROIC at 5.65%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 6.9%, steady but not accelerating.
Negative free cash flow of -$1.40B. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$9.31B
▲ +6.9% YoY
Net Income (TTM)
$1.22B
▲ +33.0% YoY
Op. Margin
23.58%
▲ +3.0pp YoY
ROIC
5.63%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$1.62B
▼ -201.3% YoY
Op. Cash Flow (TTM)
$2.67B
▲ +12.4% YoY
Net Debt
$19.00B
Cash & Equiv.
$1.24B
5Y CAGR: +10.6%
Continue Research