With a market capitalization (market cap) of $26.94B — a measure of how much the company is worth — PPL Corporation ranks #489 among the 2,440 companies tracked, and 23rd in Utilities as of November 9, 2026. Shares trade at $35.80, down 0.56% on the day.
of 2,440 tracked
Market-cap change uses historical capitalization records. Share-price returns are a different series — they can diverge when the share count changes. Those returns are not a CAGR until you pick a start value, an ending value, and years. CAGR calculator. Market cap vs. stock price.
Year-end values and the chart both come from historical market-cap records, not from applying today's share count to past prices. Latest historical observation November 3, 2026. Ranking headline cap is the snapshot figure as of November 9, 2026.
| Year | As of | Market cap | Annual change | Year-end close |
|---|---|---|---|---|
| 2026 | Nov 3, 2026 | $27.05B | +2.77% | $35.94 |
| 2025 | Dec 31, 2025 | $26.33B | +9.80% | $35.02 |
| 2024 | Dec 31, 2024 | $23.98B | +20.03% | $32.46 |
| 2023 | Dec 29, 2023 | $19.98B | -7.16% | $27.10 |
| 2022 |
Ranking figure $26.94B as of November 9, 2026.
PPL Corporation's ranking market cap is the provider-reported capitalization on the same snapshot as the rest of this site, with a share price of $36.02 as of November 9, 2026. Charts and the year-end table use a separate historical market-cap series, last observed at $27.05B on November 3, 2026. See how the ranking works.
Live shares outstanding are not on the quote used for price, so this page does not invent a current share count. Shares outstanding vs. float.
The latest annual report (FY 2025) used a weighted-average 740,113,000 shares. That figure is an average for the year, not the live count in the market-cap formula.
Book equity: assets minus liabilities on the latest annual report.
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FY 2025 net worth
Largest U.S.-listed names in the same FMP sector — not a hand-picked competitor set.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #80 | NextEra Energy, Inc. NEE | $182.36B | -1.47% |
| #147 | The Southern Company SO | $106.22B | -1.07% |
| #159 | Duke Energy Corporation |
PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated.
Summary from the company profile (Financial Modeling Prep). Principal financial figures above are for FY 2025.
Visit websiteAs of November 9, 2026, PPL Corporation (PPL) is worth $26.94B — that is its market capitalization, the total value of its outstanding shares on MarketCapLens.
A company’s net worth is its shareholders’ equity: assets minus liabilities on the balance sheet. That is book equity, not market cap. For FY 2025, PPL Corporation’s book equity is about $14.88B. Market cap is the market value of the outstanding shares. As of November 9, 2026, its market cap is $26.94B. Book equity is an accounting remainder; market cap is a trading value. Neither is a person’s net worth.
PPL Corporation ranks #489 among the 2,440 companies tracked on MarketCapLens. In Utilities it ranks #23 of 79.
Fundamentals are annual. Figures labeled with their fiscal year. Live ratios use the current price against those annual earnings.
| Dec 30, 2022 |
| $21.52B |
| -2.68% |
| $29.22 |
| 2021 | Dec 31, 2021 | $22.11B | — | $30.06 |
|---|
Last observation of each calendar year from historical market-cap records. The current year is through the latest date, not a completed year-end. Share-price close is the matching session for context — we do not rebuild cap from today's share count.
Not in this snapshot
FY 2025
| $99.63B |
| -1.77% |
| #185 | Constellation Energy Corporation CEG | $88.56B | +4.30% |
| #196 | National Grid plc NGG | $85.63B | -3.22% |
| #246 | American Electric Power Company, Inc. AEP | $68.9B | -0.19% |
Companies immediately above and below in the overall ranking. They may be in a different sector.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #486 | Restaurant Brands International Inc. QSR | $27.06B | -1.09% |
| #487 | PPG Industries, Inc. PPG | $27.03B | -0.72% |
| #488 | CenterPoint Energy, Inc. CNP | $26.95B | +1.73% |
| #490 | Bending Spoons S.p.A. BSP | $26.94B | -5.94% |
| #491 | FirstEnergy Corp. FE | $26.88B | -0.44% |
| #492 | Fox Corporation FOX | $26.66B | -0.82% |
PPL Corporation’s ranking market cap of $26.94B comes from the same snapshot as the rest of this site, as of November 9, 2026. It is not share price multiplied by the FY 2025 weighted-average share count of 740,113,000. The historical market-cap series last observed $27.05B on November 3, 2026.
Over the past year, PPL Corporation’s market cap is up 0.40%, using historical market-cap records rather than today’s share count applied to past prices.
PPL Corporation (PPL) shares trade at $35.80, down 0.56% on the day, as of November 9, 2026.
PPL Corporation trades at a live price-to-earnings (P/E) ratio of 22.5, using the latest share price divided by the latest annual earnings per share. That is not the same as a fiscal-year reported P/E.