PPL Corp
Close on Oct 19, 2026
- Market cap
- $25.98B
- P/E (TTM)
- 20.9
- Dividend yield
- 3.18%
About PPL
Electric Services, SIC 4911
PPL Corporation is a utility holding company that provides regulated electricity and natural gas services through its operating subsidiaries. The company structures its core activities into three primary business segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. Through these units, it generates, transmits, distributes, and sells electricity, while also handling the distribution and sale of natural gas. Its customer base consists of retail consumers, encompassing residential, commercial, and industrial end-users, along with wholesale municipal electric customers. In certain territories, its utilities also act as providers of last resort for electric supply.
The company operates across Pennsylvania, Kentucky, Virginia, and Rhode Island. Its utility network encompasses expansive service areas totaling thousands of square miles, including approximately 10,000 square miles in eastern and central Pennsylvania, over 5,500 square miles across Kentucky and southwestern Virginia, and a territory covering substantially all of Rhode Island. Across these jurisdictions, its operating subsidiaries collectively serve millions of electric and natural gas utility customer accounts. PPL maintains its corporate headquarters in Allentown, Pennsylvania.
Summary of the business section of PPL's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PPL Corp
- Founded
- 1994
- Headquarters
- Allentown, PA
- Address
- Two N Ninth St 18101-1179
- Phone
- (610) 774-5151
- Website
- www.pplweb.com
- Employees
- 1,820, Dec 31, 2020
- Industry
- Electric Services
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Morristown, New Jersey
Stock & identifiers
- Ticker
- PPL
- Other tickers
- PPLC
- Exchange
- NYSE
- Shares outstanding
- 753M, Jul 31, 2026
- Public float
- $25.06B, Jun 30, 2023
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Aug 25, 2005; 2-for-1, May 12, 1992
- SEC CIK
- 922224
- CUSIP
- 69351T106
- ISIN
- US69351T1060
- LEI
- 9N3UAJSNOUXFKQLF3V18
- EIN
- 23-2758192
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christine M. Martin | President of a PPL Subsidiary | 48,197 |
| John Gregory Cornett | President of a PPL Subsidiary | 7,769 |
| David J. Bonenberger | EVP & COO-Utilities | 77,172 |
| Lonnie E. Bellar | EVP-Eng, Constr and Gen | 42,205 |
| Vincent Sorgi | President and CEO | 612,672 |
| Marlene C. Beers | Vice President and Controller | 56,453 |
| Wendy E. Stark | EVP & CLO | 104,626 |
| John R. Crockett III | President of a PPL Subsidiary | 52,184 |
| Angela K. Gosman | EVP and CHRO | 56,615 |
| Joseph P. Bergstein Jr | EVP and CFO | 224,197 |
| Tadd J. Henninger | SVP-Finance and Treasurer | 23,066 |
| Vecchio Dean A. Del | EVP and CTIO | 1,651 |
| Francis X. Sullivan | EVP and COO | 5,990 |
| Kenneth Michael Hartwick | Director | 0 |
| Phoebe A. Wood | Director | 0 |
| Venkata R. Madabhushi | Director | 0 |
| Heather B. Redman | Director | 0 |
| Craig A. Rogerson | Director | – |
| Keith H. Williamson | Director | – |
| Art P. Beattie | Director | 0 |
| Lima Armando Zagalo De | Director | 0 |
| Linda G. Sullivan | Director | 0 |
| Althann Natica von | Director | 0 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Sorgi | $13.22M | $15.91M | $3.64M | $150 | $144 |
| FY2024 Mr Sorgi | $11.36M | $21.06M | $3.45M | $135 | $129 |
| FY2023 Mr Sorgi | $11.97M | $10.65M | $3.03M | $109 | $108 |
| FY2022 Mr Sorgi | $9.15M | $9.09M | $2.71M | $113 | $118 |
| FY2022 Mr.Sorgi | $9.15M | $9.09M | $2.71M | $113 | $118 |
| FY2021 Mr Sorgi | $11.36M | $11.50M | $3.98M | $113 | $117 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“PPL's domestic workforce has 1,820 employees, or 32%, who are members of labor unions.”
Corporate history
Events identified from SEC filings