PPL Corporation (PPL) Debt to Equity Ratio: 1.30
Is PPL Corporation’s debt to equity ratio high or low?
PPL Corporation's debt to equity ratio of 1.30 is 17% above its 5-year average of 1.11, near the high end of its 5-year range (0.82–1.30).
As of Saturday, June 20, 2026. 4.42% above its 12-month average of 1.25.
PPL Debt to Equity Ratio Chart
PPL Average Debt to Equity Ratio Chart
PPL Current vs Average Debt to Equity Ratio Chart
PPL Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
1.30
DEBT TO EQUITY RATIO AVG TTM
1.25
DEBT TO EQUITY RATIO AVG 3Y
1.16
DEBT TO EQUITY RATIO AVG 5Y
1.11
DEBT TO EQUITY RATIO AVG 10Y
1.48
DEBT TO EQUITY RATIO AVG 15Y
1.54
DEBT TO EQUITY RATIO AVG 20Y
1.54
CURRENT VS TTM AVG
+4.42%
CURRENT VS 3Y AVG
+12.31%
CURRENT VS 5Y AVG
+17.47%
CURRENT VS 10Y AVG
-11.89%
CURRENT VS 15Y AVG
-15.52%
CURRENT VS 20Y AVG
-15.45%
PPL Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPL Corporation (PPL) | $26.62B | 1.30 | 1.25 | 1.16 | 1.11 |
| FirstEnergy Corp. (FE)vs › | $26.87B | 2.16 | 2.06 | 2.16 | 2.46 |
| Eversource Energy (ES)vs › | $26.17B | 1.87 | 1.91 | 1.80 | 1.64 |
| CenterPoint Energy, Inc. (CNP)vs › | $28.01B | 2.12 | 2.04 | 1.93 | 1.84 |
| Atmos Energy Corporation (ATO)vs › | $28.39B | 0.69 | 0.68 | 0.73 | 0.76 |
| American Water Works Company, Inc. (AWK)vs › | $24.42B | 1.47 | 1.42 | 1.43 | 1.49 |
| Ameren Corporation (AEE)vs › | $30.07B | 1.48 | 1.52 | 1.48 | 1.44 |
| CMS Energy Corporation (CMS)vs › | $22.67B | 2.07 | 2.04 | 2.05 | 2.06 |
| NiSource Inc. (NI)vs › | $22.66B | 1.72 | 1.67 | 1.64 | 1.62 |
| Talen Energy Corporation (TLN)vs › | $19.81B | 6.24 | 4.21 | 3.19 | 4.01 |
Financial Health
Debt/Equity
1.30
Current Ratio
0.86
PPL Corporation Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PPL Corporation Debt to Equity Ratio FAQ
- What is the debt to equity ratio for PPL Corporation (PPL)?
- The debt to equity ratio for PPL stock is 1.30.
- Is PPL Corporation's debt to equity ratio high or low?
- PPL Corporation's debt to equity ratio of 1.30 is 17% above its 5-year average of 1.11, near the high end of its 5-year range (0.82–1.30).
- What is the TTM average debt to equity ratio for PPL Corporation (PPL)?
- The TTM average debt to equity ratio for PPL stock is 1.25.
- What is the 3Y average debt to equity ratio for PPL Corporation (PPL)?
- The 3Y average debt to equity ratio for PPL stock is 1.16.
- What is the 5Y average debt to equity ratio for PPL Corporation (PPL)?
- The 5Y average debt to equity ratio for PPL stock is 1.11.
- What is the 10Y average debt to equity ratio for PPL Corporation (PPL)?
- The 10Y average debt to equity ratio for PPL stock is 1.48.
- What is the 15Y average debt to equity ratio for PPL Corporation (PPL)?
- The 15Y average debt to equity ratio for PPL stock is 1.54.
- What is the 20Y average debt to equity ratio for PPL Corporation (PPL)?
- The 20Y average debt to equity ratio for PPL stock is 1.54.
PPL Corporation Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 1.30 |
| 2024-12-31 | 1.19 |
| 2023-12-31 | 1.12 |
| 2022-12-31 | 1.02 |
| 2021-12-31 | 0.82 |
| 2020-12-31 | 1.19 |
| 2019-12-31 | 1.77 |
| 2018-12-31 | 1.89 |
| 2017-12-31 | 1.98 |
| 2016-12-31 | 1.94 |
| 2015-12-31 | 2.01 |
| 2014-12-31 | 1.39 |
| 2013-12-31 | 1.73 |
| 2012-12-31 | 1.92 |
| 2011-12-31 | 1.72 |
| 2010-12-31 | 1.63 |
| 2009-12-31 | 1.42 |
| 2008-12-31 | 1.68 |
| 2007-12-31 | 1.38 |
| 2006-12-31 | 1.54 |
| 2005-12-31 | 1.65 |
| 2004-12-31 | 1.82 |
| 2003-12-31 | 2.60 |
| 2002-12-31 | 3.13 |
| 2001-12-31 | 2.94 |
| 2000-12-31 | 2.76 |
| 1999-12-31 | 3.06 |
| 1998-12-31 | 2.20 |
| 1997-12-31 | 1.13 |
| 1996-12-31 | 1.00 |
Related Metrics
About PPL Corporation
PPL Corporation functions as a utility holding company, primarily engaged in the distribution of electricity and natural gas throughout both the United States and the United Kingdom. Its operational footprint in the U.S. is segmented into two regulated divisions: one in Kentucky and another in Pennsylvania. In Kentucky, the company supplies electricity to approximately 429,000 customers and natural gas to about 333,000 in the Louisville region and surrounding areas. It also serves an additional 538,000 electric customers across central, southeastern, and western parts of the state. Furthermore, PPL reaches around 28,000 electric customers in five counties located in southwestern Virginia. Its most significant customer base is in Pennsylvania, where it provides electric services to roughly 1.4 million individuals. Beyond mere delivery, PPL is also involved in electricity generation within Kentucky, utilizing a mix of sources including coal, natural gas, hydro, and solar power. The company also sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was established in 1920 and its main office is situated in Allentown, Pennsylvania.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Vincent Sorgi