PPL: brands it owns and its ownership tree
PPL (NYSE: PPL) is a publicly listed company headquartered in Allentown, United States that owns 4 consumer brands.[1][2]
PPL's 2025 Form 10-K describes it as a utility holding company headquartered in Allentown, Pennsylvania, incorporated in 1994. Its regulated businesses are PPL Electric in Pennsylvania, LKE (parent of LG&E and KU) in Kentucky and Rhode Island Energy.
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brands owned
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acquisitions recorded
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divestitures recorded
Company facts
- Legal name
- PPL Corporation
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Allentown, United States
- Tickers
- NYSE: PPL
- Revenue
- $9.17 billion (2025)[2]
- SEC CIK
- 0000922224
- Last verified
- · 2 sources
What PPL's annual report says about its business
Read from PPL's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Kentucky Regulated, Pennsylvania Regulated, Rhode Island Regulated:
PPL is organized into three reportable segments as depicted in the chart above: Kentucky Regulated, which primarily represents the results of LG&E and KU, Pennsylvania Regulated, which primarily represents the results of PPL Electric, and Rhode Island Regulated, which primarily represents the results of RIE.
- PPL Electric:
PPL Electric has two operating segments, distribution and transmission, which are aggregated into a single reportable segment.
- LG&E, KU:
Each of LG&E and KU operates as a single operating and reportable segment.
Acquisitions and disposals named in the filing
- Acquired: RIE (May 2022).
As a condition of its approval of the acquisition of RIE in May 2022, the Rhode Island Division of Public Utilities and Carriers required PPL to hold harmless Rhode Island customers from the impact of future rate increases resulting from changes in Accumulated Deferred Income Taxes as a result of the Acquisition (the Hold Harmless Commitment).
PPL in numbers
- PPL owns 4 consumer brands tracked here across 1 top-level categories; the largest is energy with 4 brands.[1]
PPL financial history
Headline figures from PPL's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $5.43bn to $9.17bn, an average of 11.1% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $9.17bn | $2.13bn | 23.2% | $1.18bn | $45.2bn | $18bn | 10-K | |
| $8.44bn | $1.74bn | 20.6% | $888m | $41.1bn | $16bn | 10-K | |
| $8.29bn | $1.63bn | 19.7% | $740m | $39.2bn | $14.6bn | 10-K | |
| $7.79bn | $1.37bn | 17.6% | $756m | $37.8bn | $12.9bn | 10-K | |
| $5.84bn | $1.42bn | 24.4% | $-1,480,000,000 | $33.2bn | $10.7bn | 10-K | |
| $5.43bn | $1.59bn | 29.2% | $1.47bn | $48.1bn | $13.6bn | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything PPL owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
PPL SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Other events | |
| 8-K | Other events | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 8-K | Other events | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Creation of a direct financial obligation; Other events | |
| 8-K | Departure or appointment of directors or officers; Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Other events | |
| 8-K | Other events | |
| 8-K | Other events |
Frequently asked questions
What brands does PPL own?
PPL owns 4 consumer brands tracked here, including Rhode Island Energy, PPL Electric Utilities, Louisville Gas and Electric and Kentucky Utilities.
Is PPL an American company?
Yes. PPL is headquartered in Allentown, United States.
Who owns PPL?
PPL is a publicly listed company owned by its shareholders; it trades as PPL on the NYSE.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] PPL Corporation Annual Report on Form 10-K filed 2026-02-20 — SEC EDGAR, SEC Form 10-K, published 20 February 2026; retrieved 5 October 2026.
- [2] PPL Corporation: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 20 February 2026; retrieved 5 October 2026.
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