Projected Income Statement: PPL Corporation

Forecast Balance Sheet: PPL Corporation

Forecast Balance Sheet - PPL Corporation
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 7,638 13,872 15,273 16,500 18,279 20,352 22,453 24,392
Change - 81.62% 10.1% 8.03% 10.78% 11.34% 10.32% 8.64%
Announcement Date 2/18/22 2/17/23 2/16/24 2/13/25 2/20/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: PPL Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 1,973 2,155 2,390 2,805 4,030 5,093 6,048 6,226
Change - 9.22% 10.9% 17.36% 43.67% 26.37% 18.77% 2.94%
Free Cash Flow (FCF) 1 297 -425 -632 -465 -1,401 -1,777 -2,274 -2,113
Change - -243.1% -48.71% 26.42% -201.29% -26.84% -28% 7.1%
Announcement Date 2/18/22 2/17/23 2/16/24 2/13/25 2/20/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: PPL Corporation

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 44.01% 32.99% 35.67% 36.6% 39.21% 42.28% 44.79% 47.13%
EBIT Margin (%) 24.62% 17.39% 19.61% 20.56% 23.55% 26.74% 28.34% 30.08%
EBT Margin (%) 9.01% 11.58% 11.12% 13.19% 16.28% 18.76% 19.92% 20.79%
Net margin (%) -25.59% 9.57% 8.9% 10.49% 13.06% 15.11% 15.93% 16.58%
FCF margin (%) 5.14% -5.38% -7.6% -5.5% -15.49% -18.42% -22.28% -19.55%
FCF / Net Income (%) -20.07% -56.22% -85.41% -52.36% -118.63% -121.88% -139.91% -117.92%

Profitability

        
ROA 1.98% 2.93% 3.07% 3.11% 2.74% 6.35% 6.55% 6.65%
ROE 5.95% 7.53% 8.5% 8.93% 8.16% 9.46% 9.84% 9.96%

Financial Health

        
Leverage (Debt/EBITDA) 3x 5.32x 5.15x 5.33x 5.16x 4.99x 4.91x 4.79x
Debt / Free cash flow 25.72x -32.64x -24.17x -35.48x -13.05x -11.45x -9.87x -11.54x

Capital Intensity

        
CAPEX / Current Assets (%) 34.12% 27.27% 28.75% 33.15% 44.57% 52.79% 59.26% 57.6%
CAPEX / EBITDA (%) 77.52% 82.66% 80.61% 90.57% 113.68% 124.84% 132.28% 122.22%
CAPEX / FCF (%) 664.31% -507.06% -378.16% -603.23% -287.65% -286.58% -265.92% -294.66%

Items per share

        
Cash flow per share 1 2.968 2.348 - 3.163 3.537 4.194 4.455 -
Change - -20.9% - - 11.82% 18.59% 6.23% -
Dividend per Share 1 1.66 0.875 0.96 1.03 1.09 1.143 1.207 1.268
Change - -47.29% 9.71% 7.29% 5.83% 4.87% 5.62% 5.03%
Book Value Per Share 1 18.67 18.07 18.9 19.07 19.81 20.88 22.23 23.5
Change - -3.18% 4.58% 0.91% 3.88% 5.4% 6.46% 5.72%
EPS 1 -1.93 1.02 1 1.2 1.59 1.933 2.105 2.282
Change - 152.85% -1.96% 20% 32.5% 21.57% 8.92% 8.38%
Nbr of stocks (in thousands) 750,716 736,318 737,124 737,970 739,739 752,545 752,545 752,545
Announcement Date 2/18/22 2/17/23 2/16/24 2/13/25 2/20/26 - - -
1USD
Estimates
2026 *2027 *
P/E 18x 16.5x
PBR 1.66x 1.56x
EV / Sales 4.82x 4.76x
Yield 3.29% 3.47%

EPS & Dividend

EPS & Dividend - PPL Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - PPL Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - PPL Corporation
Trader
Investor
Global
Quality
ESG MSCI
AA
MarketScreener Ratings - PPL Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
34.75USD
Average target price
39.81USD
Spread / Average Target
+14.57%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - PPL Corporation
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