PPL Corporation (PPL) Enterprise Value (EV): $44.84B
The enterprise value (EV) for PPL Corporation (PPL) is $44.84B as of Wednesday, June 17, 2026.
PPL Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$44.84B
PPL Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| PPL Corporation (PPL) | $26.58B | $44.84B |
| FirstEnergy Corp. (FE)vs › | $26.66B | $52.80B |
| Eversource Energy (ES)vs › | $25.97B | $55.12B |
| CenterPoint Energy, Inc. (CNP)vs › | $27.89B | $48.65B |
| American Water Works Company, Inc. (AWK)vs › | $24.95B | $41.25B |
| Atmos Energy Corporation (ATO)vs › | $28.31B | $36.24B |
| Ameren Corporation (AEE)vs › | $30.14B | $46.83B |
| CMS Energy Corporation (CMS)vs › | $22.87B | $39.34B |
| NiSource Inc. (NI)vs › | $22.65B | $35.85B |
| Alliant Energy Corporation (LNT)vs › | $19.07B | $28.50B |
Enterprise Value Calculation
Market Cap
$26.58B
Total Debt
$19.35B
Cash
$1.09B
Enterprise Value
$44.84B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
PPL Corporation Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PPL Corporation Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for PPL Corporation (PPL)?
- The enterprise value (EV) for PPL stock is $44.84B.
Related Metrics
About PPL Corporation
PPL Corporation functions as a utility holding company, primarily engaged in the distribution of electricity and natural gas throughout both the United States and the United Kingdom. Its operational footprint in the U.S. is segmented into two regulated divisions: one in Kentucky and another in Pennsylvania. In Kentucky, the company supplies electricity to approximately 429,000 customers and natural gas to about 333,000 in the Louisville region and surrounding areas. It also serves an additional 538,000 electric customers across central, southeastern, and western parts of the state. Furthermore, PPL reaches around 28,000 electric customers in five counties located in southwestern Virginia. Its most significant customer base is in Pennsylvania, where it provides electric services to roughly 1.4 million individuals. Beyond mere delivery, PPL is also involved in electricity generation within Kentucky, utilizing a mix of sources including coal, natural gas, hydro, and solar power. The company also sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was established in 1920 and its main office is situated in Allentown, Pennsylvania.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Vincent Sorgi