How many subsidiaries does PPL Corp file with the SEC?

10, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Kentucky, Pennsylvania, Rhode Island). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is PPL Corp financially healthy?

PPL Corp scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of PPL Corp?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), WELLINGTON MANAGEMENT GROUP LLP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

PPL Corp (PPL)

NYSE, NYSE · Common Stock · Electric Services

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

10 entities across 4 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-20 — see the exhibit.

Which other public companies file entities in the same places:

Delaware4 Kentucky3 Pennsylvania2 Rhode Island1

Subsidiaries of PPL Corp as disclosed in its SEC filing
Entity	Jurisdiction	Note
CEP Reserves, Inc.	Delaware
LG&E and KU Capital LLC	Kentucky
LG&E and KU Energy LLC	Kentucky
Louisville Gas and Electric Company	Kentucky
PPL Capital Funding, Inc.	Delaware
PPL Electric Utilities Corporation	Pennsylvania
PPL Energy Funding Corporation	Pennsylvania
PPL Energy Holdings, LLC	Delaware
PPL Rhode Island Holdings, LLC	Delaware
The Narragansett Electric Company	Rhode Island

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

PASSReturn on assets positiveROA 2.6%
PASSOperating cash flow positiveOCF 2.6B
PASSReturn on assets improving2.2% → 2.6%
PASSCash flow exceeds earningsOCF 2.6B vs NI 1.2B
FAILLong-term debt ratio falling38.8% → 39.8% of assets
PASSCurrent ratio improving0.86 → 0.86
FAILNo share dilution740M → 743M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.21× → 0.20×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$7.6B	$1.5B	−$503.0M	—	769,384,000
FY2021	$5.8B	−$1.5B	$297.0M	—	764,819,000
FY2022	$7.9B	$756.0M	−$425.0M	—	736,902,000
FY2023	$8.3B	$740.0M	−$632.0M	—	738,166,000
FY2024	$8.5B	$888.0M	−$465.0M	—	739,853,000
FY2025

Ownership flow

15 institutions tracked — 11 added, 3 reduced, 1 opened a new position.

Institutional holders of PPL Corp and their share-count change
Manager	Kind	Shares	Change	Value
CITADEL ADVISORS LLC	Hedge fund	15,698,045	+6,560,310	$570.6M
FMR LLC	Active fund	16,508,628	+3,745,771	$603.2M
BlackRock, Inc.	Index	68,515,897	+3,713,811	$2.5B
WELLINGTON MANAGEMENT GROUP LLP	Active fund	21,607,366	−3,494,361	$788.2M

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q1: $0.28
2025Q3: $0.27
2025Q2: $0.27
2025Q1: $0.27
2024Q4: $0.27
2024Q3: $0.26

Identity

CIK: 0000922224
FIGI: BBG000BRJL00
SIC: 4911 · Electric Services
Headquarters: ALLENTOWN, PA

Ownership

Institutional: 92.4%
Institutions: 1,339
Insiders: 0.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about PPL Corp

How many subsidiaries does PPL Corp file with the SEC?: 10, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Kentucky, Pennsylvania, Rhode Island). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is PPL Corp financially healthy?: PPL Corp scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of PPL Corp?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), WELLINGTON MANAGEMENT GROUP LLP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.