PPL Debt to Equity Ratio 2012-2025 | PPL
Current and historical debt to equity ratio values for PPL (PPL) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. PPL debt/equity for the three months ending September 30, 2025 was 1.18.
| PPL Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2025-09-30 | $29.53B | $14.41B | 2.05 |
| 2025-06-30 | $28.08B | $14.29B | 1.97 |
| 2025-03-31 | $27.51B | $14.30B | 1.92 |
| 2024-12-31 | $26.99B | $14.08B | 1.92 |
| 2024-09-30 | $26.38B | $14.09B | 1.87 |
| 2024-06-30 | $25.77B | $14.07B | 1.83 |
| 2024-03-31 | $25.57B | $14.06B | 1.82 |
| 2023-12-31 | $25.30B | $13.93B | 1.82 |
| 2023-09-30 | $24.62B | $14.01B | 1.76 |
| 2023-06-30 | $24.34B | $13.96B | 1.74 |
| 2023-03-31 | $24.27B | $14.04B | 1.73 |
| 2022-12-31 | $23.92B | $13.92B | 1.72 |
| 2022-09-30 | $23.49B | $13.88B | 1.69 |
| 2022-06-30 | $23.19B | $13.87B | 1.67 |
| 2022-03-31 | $20.24B | $13.87B | 1.46 |
| 2021-12-31 | $19.50B | $13.72B | 1.42 |
| 2021-09-30 | $19.60B | $14.58B | 1.34 |
| 2021-06-30 | $21.81B | $14.95B | 1.46 |
| 2021-03-31 | $36.23B | $11.55B | 3.14 |
| 2020-12-31 | $34.74B | $13.37B | 2.60 |
| 2020-09-30 | $34.24B | $13.69B | 2.50 |
| 2020-06-30 | $33.48B | $13.04B | 2.57 |
| 2020-03-31 | $33.09B | $13.24B | 2.50 |
| 2019-12-31 | $32.69B | $12.99B | 2.52 |
| 2019-09-30 | $32.66B | $11.90B | 2.74 |
| 2019-06-30 | $32.22B | $11.98B | 2.69 |
| 2019-03-31 | $32.40B | $12.17B | 2.66 |
| 2018-12-31 | $31.74B | $11.66B | 2.72 |
| 2018-09-30 | $31.26B | $11.78B | 2.65 |
| 2018-06-30 | $31.59B | $11.24B | 2.81 |
| 2018-03-31 | $31.21B | $11.18B | 2.79 |
| 2017-12-31 | $30.72B | $10.76B | 2.86 |
| 2017-09-30 | $30.07B | $10.69B | 2.81 |
| 2017-06-30 | $29.47B | $10.49B | 2.81 |
| 2017-03-31 | $28.93B | $10.11B | 2.86 |
| 2016-12-31 | $28.42B | $9.90B | 2.87 |
| 2016-09-30 | $28.06B | $9.98B | 2.81 |
| 2016-06-30 | $29.20B | $10.33B | 2.83 |
| 2016-03-31 | $28.95B | $9.76B | 2.97 |
| 2015-12-31 | $29.38B | $9.92B | 2.96 |
| 2015-09-30 | $29.02B | $10.22B | 2.84 |
| 2015-06-30 | $28.30B | $9.94B | 2.85 |
| 2015-03-31 | $34.89B | $14.04B | 2.49 |
| 2014-12-31 | $34.98B | $13.63B | 2.57 |
| 2014-09-30 | $34.22B | $13.97B | 2.45 |
| 2014-06-30 | $34.46B | $13.74B | 2.51 |
| 2014-03-31 | $35.26B | $12.72B | 2.77 |
| 2013-12-31 | $33.79B | $12.47B | 2.71 |
| 2013-09-30 | $32.63B | $12.36B | 2.64 |
| 2013-06-30 | $32.79B | $10.95B | 2.99 |
| 2013-03-31 | $32.80B | $10.54B | 3.11 |
| 2012-12-31 | $33.14B | $10.50B | 3.16 |
| 2012-09-30 | $32.01B | $11.23B | 2.85 |
| 2012-06-30 | $32.53B | $10.98B | 2.96 |
| 2012-03-31 | $32.55B | $11.54B | 2.82 |
| 2011-12-31 | $31.55B | $11.10B | 2.84 |
| 2011-09-30 | $29.84B | $11.12B | 2.68 |
| 2011-06-30 | $29.62B | $10.92B | 2.71 |
| 2011-03-31 | $23.94B | $8.80B | 2.72 |
| 2010-12-31 | $24.36B | $8.48B | 2.87 |
| 2010-09-30 | $18.14B | $8.59B | 2.11 |
| 2010-06-30 | $17.71B | $8.21B | 2.16 |
| 2010-03-31 | $18.72B | $6.21B | 3.02 |
| 2009-12-31 | $16.35B | $5.82B | 2.81 |
| 2009-09-30 | $16.01B | $5.94B | 2.70 |
| 2009-06-30 | $16.57B | $5.84B | 2.84 |
| 2009-03-31 | $16.23B | $5.56B | 2.92 |
| 2008-12-31 | $16.33B | $5.08B | 3.22 |
| 2008-09-30 | $14.92B | $5.58B | 2.67 |
| 2008-06-30 | $18.72B | $5.18B | 3.61 |
| 2008-03-31 | $15.47B | $5.58B | 2.77 |
| 2007-12-31 | $14.42B | $5.56B | 2.60 |
| 2007-09-30 | $14.67B | $5.16B | 2.84 |
| 2007-06-30 | $14.64B | $5.37B | 2.73 |
| 2007-03-31 | $14.83B | $5.27B | 2.81 |
| 2006-12-31 | $14.63B | $5.12B | 2.86 |
| 2006-09-30 | $13.77B | $5.09B | 2.71 |
| 2006-06-30 | $13.45B | $4.89B | 2.75 |
| 2006-03-31 | $13.17B | $4.72B | 2.79 |
| 2005-12-31 | $13.51B | $4.42B | 3.06 |
| 2005-09-30 | $13.46B | $4.31B | 3.13 |
| 2005-06-30 | $13.12B | $4.31B | 3.05 |
| 2005-03-31 | $13.86B | $4.32B | 3.21 |
| 2004-12-31 | $13.49B | $4.24B | 3.18 |
| 2004-09-30 | $13.41B | $4.17B | 3.22 |
| 2004-06-30 | $13.18B | $4.06B | 3.25 |
| 2004-03-31 | $14.15B | $3.43B | 4.12 |
| 2003-12-31 | $13.86B | $3.26B | 4.25 |
| 2003-09-30 | $12.96B | $2.97B | 4.36 |
| 2003-06-30 | $13.13B | $2.88B | 4.56 |
| 2003-03-31 | $13.48B | $2.47B | 5.46 |
| 2002-12-31 | $13.33B | $2.22B | 5.99 |
| 2002-09-30 | $13.27B | $2.44B | 5.45 |
| 2002-06-30 | $10.32B | $1.87B | 5.52 |
| 2002-03-31 | $10.55B | $1.81B | 5.82 |
| 2001-12-31 | $10.71B | $1.86B | 5.77 |
| 2001-09-30 | $10.45B | $2.33B | 4.49 |
| 2001-06-30 | $9.91B | $2.25B | 4.40 |
| 2001-03-31 | $10.54B | $2.00B | 5.27 |
| 2000-12-31 | $10.35B | $2.01B | 5.14 |
| 2000-09-30 | $9.98B | $2.00B | 5.00 |
| 2000-06-30 | $10.00B | $1.87B | 5.34 |
| 2000-03-31 | $9.59B | $1.83B | 5.23 |
| 1999-12-31 | $9.46B | $1.71B | 5.54 |
| 1999-09-30 | $9.00B | $1.61B | 5.60 |
| 1999-06-30 | $8.12B | $1.98B | 4.10 |
| 1999-03-31 | $7.76B | $1.97B | 3.94 |
| 1998-12-31 | $6.64B | $2.20B | 3.03 |
| 1998-09-30 | $6.71B | $2.22B | 3.03 |
| 1998-06-30 | $6.76B | $2.14B | 3.16 |
| 1998-03-31 | $6.54B | $3.11B | 2.11 |
| 1997-12-31 | $6.58B | $2.91B | 2.26 |
| 1997-09-30 | $6.35B | $3.14B | 2.02 |
| 1997-06-30 | $6.61B | $2.90B | 2.28 |
| 1997-03-31 | $6.63B | $3.27B | 2.03 |
| 1996-12-31 | $6.43B | $3.21B | 2.00 |
| 1996-09-30 | $6.46B | $3.17B | 2.04 |
| 1996-06-30 | $6.47B | $2.98B | 2.18 |
| 1996-03-31 | $6.40B | $3.13B | 2.05 |
| 1995-12-31 | $6.43B | $3.06B | 2.10 |
| 1995-09-30 | $6.45B | $3.02B | 2.14 |
| 1995-06-30 | $6.47B | $2.93B | 2.21 |
| 1995-03-31 | $6.45B | $2.98B | 2.17 |
| 1994-12-31 | $6.45B | $2.92B | 2.21 |
| 1994-09-30 | $6.47B | $2.97B | 2.18 |
| 1994-06-30 | $6.57B | $2.94B | 2.23 |
| 1994-03-31 | $6.66B | $3.04B | 2.19 |
| 1993-12-31 | $6.52B | $2.93B | 2.22 |
| 1993-09-30 | $6.49B | $2.91B | 2.23 |
| 1993-06-30 | $6.39B | $3.02B | 2.11 |
| 1993-03-31 | $6.39B | $2.94B | 2.17 |
| 1992-12-31 | $5.28B | $2.92B | 1.81 |
| 1992-09-30 | $5.17B | $2.90B | 1.78 |
| 1992-06-30 | $5.21B | $2.90B | 1.80 |
| 1992-03-31 | $5.14B | $2.90B | 1.77 |
| 1991-12-31 | $5.04B | $2.89B | 1.74 |
| 1991-09-30 | $5.01B | $2.88B | 1.74 |
| 1991-06-30 | $5.00B | $2.88B | 1.74 |
| 1991-03-31 | $4.98B | $2.88B | 1.73 |
| 1990-12-31 | $4.90B | $2.84B | 1.73 |
| 1990-09-30 | $4.86B | $2.82B | 1.73 |
| 1990-06-30 | $4.86B | $2.81B | 1.73 |
| 1990-03-31 | $4.88B | $2.81B | 1.74 |
| 1989-12-31 | $4.82B | $2.78B | 1.73 |
| 1989-09-30 | $4.79B | $2.74B | 1.75 |
| 1989-06-30 | $4.84B | $2.73B | 1.77 |
| 1989-03-31 | $4.79B | $2.74B | 1.75 |
| 1988-12-31 | $4.81B | $2.72B | 1.77 |
| 1988-09-30 | $4.77B | $2.71B | 1.76 |
| 1988-06-30 | $4.88B | $2.73B | 1.79 |
| 1988-03-31 | $4.79B | $2.73B | 1.76 |
| 1987-12-31 | $4.76B | $2.70B | 1.77 |
| 1987-09-30 | $4.44B | $2.69B | 1.65 |
| 1987-06-30 | $4.49B | $2.68B | 1.68 |
| 1987-03-31 | $4.45B | $2.68B | 1.66 |
| 1986-12-31 | $4.52B | $2.62B | 1.72 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Utilities | Utility - Electric Power Distribution | $26.682B | $8.462B |
| PPL Corp. is a diversified utility holding company which serves more than 10 million utility customers in the U.S. and the UK. The company primarily generates electricity from power plants in the northeastern, northwestern and southeastern U.S.; markets wholesale or retail energy chiefly in northeastern and northwestern portions of the U.S.; delivers electricity to customers in Pennsylvania, Kentucky, Virginia, Tennessee in the U.S.; and the UK and supplies natural gas in Kentucky. PPL Corp.'s principal subsidiaries are: Louisville Gas and Electric Company and Kentucky Utilities Company (LKE), PPL Electric Utilities Corporation, and Western Power Distribution (WPD).The company has two reportable segments. Kentucky Regulated and Pennsylvania Regulated. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| NextEra Energy (NEE) | United States | $189.163B | 24.48 |
| Iberdrola S.A (IBDRY) | Spain | $155.957B | 25.86 |
| Southern (SO) | United States | $99.892B | 21.40 |
| Duke Energy (DUK) | United States | $96.150B | 19.56 |
| ENGIE - (ENGIY) | France | $75.640B | 0.00 |
| American Electric Power (AEP) | United States | $64.748B | 20.17 |
| Dominion Energy (D) | United States | $54.477B | 19.21 |
| Vistra (VST) | United States | $54.077B | 36.61 |
| Xcel Energy (XEL) | United States | $45.844B | 20.45 |
| Exelon (EXC) | United States | $45.099B | 15.89 |
| Entergy (ETR) | United States | $44.530B | 24.56 |
| Public Service Enterprise Group (PEG) | United States | $41.530B | 19.95 |
| Consolidated Edison Inc (ED) | United States | $39.136B | 18.69 |
| Pacific Gas & Electric (PCG) | United States | $36.815B | 11.55 |
| WEC Energy (WEC) | United States | $36.732B | 21.39 |
| NRG Energy (NRG) | United States | $33.582B | 18.25 |
| DTE Energy (DTE) | United States | $28.627B | 19.09 |
| Ameren (AEE) | United States | $28.613B | 21.07 |
| Fortis (FTS) | Canada | $27.696B | 22.47 |
| FirstEnergy (FE) | United States | $27.532B | 17.72 |
| CenterPoint Energy (CNP) | United States | $26.748B | 23.82 |
| Eversource Energy (ES) | United States | $26.001B | 14.87 |
| AXIA Energia (AXIA) | Brazil | $25.545B | 17.20 |
| Edison (EIX) | United States | $25.188B | 11.42 |
| CLP Holdings (CLPHY) | Hong Kong, SAR China | $24.582B | 0.00 |
| Hydro One (HRNNF) | Canada | $24.261B | 0.00 |
| Terna Rete Elettrica Nazionale SpA (TEZNY) | Italy | $22.827B | 0.00 |
| CMS Energy (CMS) | United States | $22.444B | 20.43 |
| NiSource (NI) | United States | $21.345B | 23.79 |
| Evergy (EVRG) | United States | $18.129B | 21.06 |
| Alliant Energy (LNT) | United States | $17.482B | 20.42 |
| Power Assets Holdings (HGKGY) | Hong Kong, SAR China | $17.028B | 0.00 |
| China Resources Power Holdings (CRPJY) | Hong Kong, SAR China | $12.235B | 0.00 |
| United Utilities Group (UUGRY) | United Kingdom | $12.018B | 0.00 |
| AES (AES) | United States | $11.572B | 7.85 |
| Pinnacle West Capital (PNW) | United States | $11.395B | 19.55 |
| OGE Energy (OGE) | United States | $9.074B | 18.09 |
| Brookfield Renewable Partners (BEP) | Bermuda | $8.770B | 0.00 |
| Companhia Paranaense De Energia - Copel (ELPC) | $8.023B | 22.00 | |
| IDACORP (IDA) | United States | $7.410B | 23.56 |
| Portland General Electric (POR) | United States | $5.766B | 17.61 |
| Companhia Paranaense De Energia (COPEL) (ELP) | Brazil | $5.520B | 84.27 |
| Black Hills (BKH) | United States | $5.464B | 17.62 |
| Algonquin Power & Utilities (AQN) | Canada | $5.086B | 20.06 |
| NorthWestern (NWE) | United States | $4.200B | 19.31 |
| Kenon Holdings (KEN) | Singapore | $3.984B | 0.00 |
| Allete (ALE) | United States | $3.945B | 23.02 |
| TransAlta (TAC) | Canada | $3.933B | 441.67 |
| Otter Tail (OTTR) | United States | $3.643B | 13.11 |
| Avista (AVA) | United States | $3.378B | 17.66 |
| Centuri Holdings (CTRI) | United States | $3.031B | 74.24 |
| MGE Energy (MGEE) | United States | $2.920B | 21.65 |
| Hawaiian Electric Industries (HE) | United States | $2.883B | 20.37 |
| Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) | Argentina | $1.348B | 7.12 |
| Unitil (UTL) | United States | $0.917B | 15.99 |
| Ballard Power Systems (BLDP) | Canada | $0.650B | 0.00 |
| Genie Energy (GNE) | United States | $0.377B | 0.00 |
| Polar Power (POLA) | United States | $0.004B | 0.00 |
| Pampa Energia S.A (PAM) | Argentina | $0.000B | 14.75 |
| Eletrobras (EBR.B) | Brazil | $0.000B | 0.00 |
| Korea Electric Power (KEP) | South Korea | $0.000B | 4.58 |
| Great Plains Energy Inc (GXP) | United States | $0.000B | 0.00 |
| Enel Chile S.A (ENIC) | Chile | $0.000B | 71.83 |
| Comp En De Mn Cemig ADS (CIG) | Brazil | $0.000B | 7.33 |