PPL Corporation (PPL)

Solvency & Capital Structure

Total Debt

$20.24B

Net Debt

$18.99B

PPL Corporation currently has $20.24B in total debt. Net debt is $18.99B after cash offsets.

Financial Fundamentals

PPL • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	20.24	1.25	18.99	46.30	43.7%
2025-12-31	19.35	1.07	18.28	45.24	42.8%
2025-09-30	18.99	1.10	17.88	43.94	43.2%
2025-06-30	17.80	0.29	17.50	42.36	42.0%
2025-03-31	17.29	0.31	16.97	41.81	41.3%
2024-12-31	16.81	0.31	16.50	41.07	40.9%
2024-09-30	16.50	0.54	15.96	40.47	40.8%
2024-06-30	16.15	0.28	15.86	39.84	40.5%
2024-03-31	16.05	0.28	15.77	39.63	40.5%
2023-12-31	15.60	0.33	15.27	39.24	39.8%
2023-09-30	14.86	0.35	14.51	38.63	38.5%
2023-06-30	14.81	0.33	14.49	38.30	38.7%
2023-03-31	14.59	0.46	14.13	38.30	38.1%
2022-12-31	14.23	0.36	13.87	37.84	37.6%
2022-09-30	13.75	0.30	13.45	37.38	36.8%
2022-06-30	13.64	0.34	13.31	37.06	36.8%
2022-03-31	12.13	4.25	7.88	34.11	35.6%
2021-12-31	11.21	3.57	7.64	33.22	33.7%
2021-09-30	11.14	4.77	6.37	34.17	32.6%
2021-06-30	13.29	7.63	5.67	36.76	36.2%
2021-03-31	16.24	0.42	15.82	47.78	34.0%
2020-12-31	15.86	0.44	15.41	48.12	33.0%
2020-09-30	24.14	0.75	23.39	47.92	50.4%
2020-06-30	23.98	1.28	22.71	46.52	51.6%
2020-03-31	23.54	0.92	22.62	46.33	50.8%
2019-12-31	23.04	0.81	22.23	45.68	50.4%
2019-09-30	22.93	0.67	22.26	44.56	51.5%
2019-06-30	22.74	0.41	22.33	44.20	51.4%
2019-03-31	22.74	0.52	22.23	44.57	51.0%
2018-12-31	22.03	0.62	21.41	43.40	50.8%
2018-09-30	21.80	0.84	20.96	43.04	50.7%
2018-06-30	22.28	0.85	21.43	42.83	52.0%
2018-03-31	21.92	0.63	21.29	42.39	51.7%
2017-12-31	21.27	0.48	20.79	41.48	51.3%
2017-09-30	20.77	0.68	20.09	40.76	51.0%
2017-06-30	20.57	0.47	20.10	39.96	51.5%
2017-03-31	20.04	0.41	19.63	39.03	51.3%
2016-12-31	19.25	0.34	18.91	38.31	50.2%
2016-09-30	19.15	0.42	18.73	38.04	50.3%
2016-06-30	20.02	0.49	19.53	39.53	50.7%
2016-03-31	19.82	0.81	19.01	38.71	51.2%
2015-12-31	19.96	0.84	19.13	39.30	50.8%
2015-09-30	19.76	0.98	18.78	39.25	50.4%
2015-06-30	19.20	0.85	18.36	38.24	50.2%
2015-03-31	21.90	1.47	20.43	48.92	44.8%
2014-12-31	18.89	1.52	17.37	48.86	38.7%
2014-09-30	21.86	1.19	20.67	48.19	45.4%
2014-06-30	21.93	1.27	20.66	48.19	45.5%
2014-03-31	22.40	1.26	21.14	47.97	46.7%
2013-12-31	21.61	1.10	20.51	46.26	46.7%
2013-09-30	20.34	1.29	19.05	44.99	45.2%
2013-06-30	20.83	0.71	20.12	43.75	47.6%
2013-03-31	20.69	0.85	19.84	43.34	47.7%
2012-12-31	20.13	0.90	19.23	43.63	46.1%
2012-09-30	19.55	0.95	18.60	43.24	45.2%
2012-06-30	19.60	0.98	18.62	43.51	45.0%
2012-03-31	18.75	1.10	17.65	44.08	42.5%
2011-12-31	18.57	1.22	17.35	42.65	43.5%
2011-09-30	18.61	1.53	17.08	40.96	45.4%
2011-06-30	18.46	1.27	17.20	40.54	45.6%
2011-03-31	13.63	1.25	12.38	32.74	41.6%
2010-12-31	13.36	1.09	12.27	32.84	40.7%
2010-09-30	9.02	4.85	4.17	26.73	33.7%
2010-06-30	9.18	4.50	4.67	25.91	35.4%
2010-03-31	8.24	1.72	6.52	24.93	33.0%
2009-12-31	7.78	0.80	6.98	22.16	35.1%
2009-09-30	7.87	0.70	7.17	21.94	35.9%
2009-06-30	8.32	0.97	7.35	22.41	37.1%
2009-03-31	7.86	0.78	7.08	21.79	36.1%
2008-12-31	8.52	1.25	7.27	21.41	39.8%
2008-09-30	6.91	0.35	6.57	20.51	33.7%
2008-06-30	7.69	0.95	6.74	23.90	32.2%
2008-03-31	7.91	0.77	7.13	21.05	37.5%
2007-12-31	7.66	0.63	7.03	19.97	38.4%
2007-09-30	7.83	0.57	7.26	19.82	39.5%
2007-06-30	7.68	0.74	6.94	20.01	38.4%
2007-03-31	8.02	0.96	7.05	20.11	39.9%
2006-12-31	7.88	0.79	7.08	19.75	39.9%
2006-09-30	7.32	0.80	6.52	18.86	38.8%
2006-06-30	6.98	0.47	6.51	18.34	38.1%
2006-03-31	7.12	0.34	6.78	17.89	39.8%
2005-12-31	7.38	0.56	6.83	17.93	41.2%
2005-09-30	6.88	0.23	6.64	17.76	38.7%
2005-06-30	7.21	0.48	6.73	17.43	41.4%
2005-03-31	7.79	0.75	7.03	18.18	42.8%
2004-12-31	7.79	0.62	7.17	17.76	43.9%
2004-09-30	7.95	0.78	7.17	17.57	45.2%
2004-06-30	7.67	0.36	7.32	17.23	44.5%
2004-03-31	8.57	0.57	7.99	17.58	48.7%
2003-12-31	8.60	0.48	8.12	17.12	50.2%
2003-09-30	7.54	0.59	6.96	15.93	47.3%
2003-06-30	7.03	0.37	6.66	16.01	43.9%
2003-03-31	7.39	0.40	7.00	15.95	46.4%
2002-12-31	7.21	0.24	6.96	15.57	46.3%
2002-09-30	7.39	0.34	7.05	15.70	47.0%
2002-06-30	5.73	0.19	5.54	12.19	47.0%
2002-03-31	5.63	0.49	5.14	12.37	45.5%
2001-12-31	5.70	0.93	4.76	12.57	45.3%
2001-09-30	5.54	0.85	4.69	12.78	43.3%
2001-06-30	5.00	0.17	4.83	12.16	41.1%
2001-03-31	5.74	0.27	5.47	12.55	45.7%
2000-12-31	5.82	0.48	5.34	12.36	47.1%
2000-09-30	5.59	0.28	5.31	11.97	46.7%
2000-06-30	5.67	0.21	5.46	11.87	47.8%
2000-03-31	5.23	0.16	5.07	11.43	45.8%
1999-12-31	5.24	0.13	5.11	11.17	46.9%
1999-09-30	5.06	0.34	4.72	10.61	47.7%
1999-06-30	4.38	0.39	3.98	10.10	43.3%
1999-03-31	4.09	0.14	3.95	9.73	42.0%
1998-12-31	4.14	0.20	3.95	9.61	43.1%
1998-09-30	4.08	0.08	4.00	9.48	43.0%
1998-06-30	3.64	0.04	3.61	9.20	39.6%
1998-03-31	3.46	0.15	3.31	9.78	35.4%
1997-12-31	3.29	0.06	3.23	9.48	34.7%
1997-09-30	3.32	0.08	3.24	9.48	35.0%
1997-06-30	2.48	0.00	2.48	9.51	26.1%
1997-03-31	3.31	0.09	3.21	9.90	33.4%
1996-12-31	3.22	0.17	3.05	9.64	33.4%
1996-09-30	3.19	0.11	3.08	9.63	33.1%
1996-06-30	3.22	0.12	3.10	9.64	33.4%