PPLFRA:PP9 +0.85%84 Net Margin % is 16.29% as of Mar. 2026, which is 15% above its 10-year median of 14.11. GuruFocus rates FRA:PP9 with a GF Score™ of 84/100 and a GF Value™ of €30.91 (Fairly Valued). The stock has 9 warning signs investors should review. Among 501 Utilities - Regulated companies, PPL ranks better than 66.07% on this metric.
Net margin is calculated as Net Income divided by its Revenue. PPL's Net Income for the
three
months ended in Mar. 2026 was €391 Mil. PPL's Revenue for the
three
months ended in Mar. 2026 was €2,400 Mil. Therefore, PPL's net margin for the quarter that ended in Mar. 2026 was 16.29%.
The historical rank and industry rank for PPL's Net Margin % or its related term are showing as below:
FRA:PP9'
s Net Margin % Range Over the Past 10 Years
Min: -25.59 Med: 14.11 Max: 31.17
Current: 13.09
FRA:PP9's Net Margin % is ranked better than 66.07% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs FRA:PP9: 13.09
PPL (FRA:PP9) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
PPL Net Margin % Related Terms
PPL Net Margin % Historical Data
* Premium members only.
The historical data trend for PPL's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, PPL's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PPL Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, PPL's Net Margin % distribution charts can be found below:
* The bar in red indicates where PPL's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PPL (FRA:PP9) has a Net Margin % of 16.29% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on PPL and its competitors. This is 15% above median its historical median of 14.11. According to the industry distribution chart, PPL ranks #170 out of 501 companies in the Utilities - Regulated industry, placing it in the top 33.9%.
Is PPL's Net Margin % too high?
PPL's current Net Margin % of 16.29% is 15% above median its 10-year median of 14.11. The Utilities - Regulated industry median Net Margin % is 8.80. PPL's value of 16.29% is 85.1% above this industry median. Based on the distribution chart, PPL ranks #170 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, PPL has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPL's Net Margin % compare to FE and EIX?
According to the Utilities - Regulated industry distribution chart, PPL ranks #170 out of 501 companies for Net Margin %. This puts PPL in the upper half of its industry. The industry median Net Margin % is 8.80. PPL's value of 16.29% is 85.1% above this benchmark. While the company's 10-year median is 14.11 vs. the industry median of 8.80, PPL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PPL's current Net Margin % of 16.29% is 85.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on PPL and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPL's current Net Margin % is 16.29%, which is 15% above median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPL stock overvalued right now?
Based on GuruFocus' analysis, PPL (FRA:PP9) is currently considered Fairly Valued. The stock's GF Value™ is €30.91, compared to a current price of €30.98 — trading 0.2% above its estimated fair value. The current Net Margin % is 16.29%, which is 15% above median its 10-year median of 14.11 and 85.1% above the Utilities - Regulated industry median of 8.80. PPL's overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For PPL (FRA:PP9), the current Net Margin % is 16.29% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PPL (FRA:PP9) Overvalued in 2026?
Based on GuruFocus' analysis, PPL stock appears to be overvalued.
The current stock price of €30.98 is trading 0.2% above its estimated GF Value™ of €30.91.
GuruFocus considers PPL to be Fairly Valued.
Key valuation signals for FRA:PP9:
Net Margin %: 16.29% (15% above median its 10-year median of 14.11)
GF Value™: €30.91 vs. price of €30.98 (0.2% above fair value)
Industry Position: 85.1% above the Utilities - Regulated median (#170 of 501)
No single metric tells the full story. See the FRA:PP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. In Kentucky, LG&E and KU are involved in regulated electricity generation, transmission, and distribution. LG&E also provides regulated natural gas distribution. Rhode Island Energy operates electric and gas utilities in the state.
84GF Score
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