PPL's Improving Cash Flow Supports Its Long-Term Growth Plan

Earnings

โดย Zacks Investment Research·

Summary · why it matters

PPL Corporation's cash generation is improving, supported by higher earnings and operating performance, providing greater financial flexibility for its ongoing infrastructure investments. In the first six months of 2026, PPL generated $1.14 billion of operating cash flow, up 2.24% from $1.12 billion in the year-ago period, and its operating cash flow increased 4.67% sequentially to approximately $583 million in the second quarter of 2026 compared with $557 million in the first quarter. The company aims to invest approximately $23 billion in regulated capital investments through 2029, supporting average annual rate-base growth of 10.3%, and expects earnings per share of $1.90 to $1.98 in 2026 with 6% to 8% annual EPS growth through 2029. PPL's debt-to-capital ratio currently stands at 57.46%, lower than the electric power industry's 61.32%, and its shares have risen 2.9% in the past month against the industry's 2.5% decline.

PPL Corporation ▲