43/100B35.420
USD
0.21
(0.60%)
Market Open
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 0.47Revenue estimate 2.46B
Q4 FY2026 · Earnings report
EPS estimate 0.47Revenue estimate 2.46B
PPL debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
PPL's debt to equity ratio is 1.37: total debt of 20.89B USD against shareholders' equity of 15.21B USD.
- Today
- 1.37
- Average, 5 years
- 1.14
- Low, 5 years
- 0.82
- High, 5 years
- 1.37
Debt to equity = total debt ÷ shareholders' equity = 20.89B ÷ 15.21B = 1.37
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 1.37 | 20.89B | 15.21B | |
| FY2025 | 31 Dec 2025 | 1.30 | 19.35B | 14.88B |
| FY2024 | 31 Dec 2024 | 1.19 | 16.81B | 14.08B |
| FY2023 | 31 Dec 2023 | 1.12 | 15.60B | 13.93B |
| FY2022 | 31 Dec 2022 | 1.02 | 14.23B | 13.92B |
| FY2021 | 31 Dec 2021 | 0.82 | 11.21B | 13.72B |
| FY2020 | 31 Dec 2020 | 1.19 | 15.86B | 13.37B |
| FY2019 | 31 Dec 2019 | 1.77 | 23.04B | 12.99B |
| FY2018 | 31 Dec 2018 | 1.89 | 22.03B | 11.66B |
| FY2017 | 31 Dec 2017 | 1.98 | 21.28B | 10.76B |
| FY2016 | 31 Dec 2016 | 1.94 | 19.25B | 9.90B |
| FY2015 | 31 Dec 2015 | 2.01 | 19.96B | 9.92B |
| FY2014 | 31 Dec 2014 | 1.39 | 18.89B | 13.63B |
| FY2013 | 31 Dec 2013 | 1.73 | 21.61B | 12.47B |
| FY2012 | 31 Dec 2012 | 1.92 | 20.13B | 10.48B |
| FY2011 | 31 Dec 2011 | 1.72 | 18.57B | 10.78B |
| FY2010 | 31 Dec 2010 | 1.63 | 13.36B | 8.21B |
| FY2009 | 31 Dec 2009 | 1.42 | 7.78B | 5.50B |
| FY2008 | 31 Dec 2008 | 1.68 | 8.52B | 5.08B |
| FY2007 | 31 Dec 2007 | 1.38 | 7.66B | 5.56B |
| FY2006 | 31 Dec 2006 | 1.54 | 7.88B | 5.12B |
| FY2005 | 31 Dec 2005 | 1.65 | 7.38B | 4.47B |
| FY2004 | 31 Dec 2004 | 1.82 | 7.79B | 4.29B |
| FY2003 | 31 Dec 2003 | 2.60 | 8.60B | 3.31B |
| FY2002 | 31 Dec 2002 | 3.13 | 7.21B | 2.31B |
| FY2001 | 31 Dec 2001 | 2.94 | 5.70B | 1.94B |
| FY2000 | 31 Dec 2000 | 2.76 | 5.82B | 2.11B |
| FY1999 | 31 Dec 1999 | 3.06 | 5.24B | 1.71B |
| FY1998 | 31 Dec 1998 | 2.20 | 4.14B | 1.89B |
| FY1997 | 31 Dec 1997 | 1.13 | 3.29B | 2.91B |
| FY1996 | 31 Dec 1996 | 1.00 | 3.22B | 3.21B |
| FY1995 | 31 Dec 1995 | 1.03 | 3.17B | 3.06B |
| FY1994 | 31 Dec 1994 | — | — | — |
| FY1993 | 31 Dec 1993 | — | — | — |
| FY1992 | 31 Dec 1992 | — | — | — |
| FY1991 | 31 Dec 1991 | — | — | — |
| FY1990 | 31 Dec 1990 | — | — | — |
| FY1989 | 31 Dec 1989 | — | — | — |
| FY1988 | 31 Dec 1988 | — | — | — |
| FY1987 | 31 Dec 1987 | — | — | — |
| FY1986 | 31 Dec 1986 | — | — | — |
| FY1985 | 31 Dec 1985 | — | — | — |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 1.37 | 20.89B | 15.21B |
| Q2 FY2026 | 30 Jun 2026 | 1.35 | 20.32B | 15.05B |
| Q1 FY2026 | 31 Mar 2026 | 1.35 | 20.24B | 15.02B |
| Q4 FY2025 | 31 Dec 2025 | 1.30 | 19.35B | 14.88B |
| Q3 FY2025 | 30 Sept 2025 | 1.32 | 18.99B | 14.41B |
| Q2 FY2025 | 30 Jun 2025 | 1.25 | 17.80B | 14.29B |
| Q1 FY2025 | 31 Mar 2025 | 1.21 | 17.29B | 14.30B |
| Q4 FY2024 | 31 Dec 2024 | 1.19 | 16.81B | 14.08B |
| Q3 FY2024 | 30 Sept 2024 | 1.17 | 16.50B | 14.09B |
| Q2 FY2024 | 30 Jun 2024 | 1.15 | 16.15B | 14.07B |
| Q1 FY2024 | 31 Mar 2024 | 1.14 | 16.05B | 14.06B |
| Q4 FY2023 | 31 Dec 2023 | 1.12 | 15.60B | 13.93B |
| Q3 FY2023 | 30 Sept 2023 | 1.06 | 14.86B | 14.01B |
| Q2 FY2023 | 30 Jun 2023 | 1.06 | 14.82B | 13.96B |
| Q1 FY2023 | 31 Mar 2023 | 1.04 | 14.59B | 14.03B |
| Q4 FY2022 | 31 Dec 2022 | 1.02 | 14.23B | 13.92B |
| Q3 FY2022 | 30 Sept 2022 | 0.99 | 13.75B | 13.88B |
| Q2 FY2022 | 30 Jun 2022 | 0.98 | 13.64B | 13.87B |
| Q1 FY2022 | 31 Mar 2022 | 0.87 | 12.13B | 13.87B |
| Q4 FY2021 | 31 Dec 2021 | 0.82 | 11.21B | 13.72B |
| Q3 FY2021 | 30 Sept 2021 | 0.76 | 11.14B | 14.58B |
| Q2 FY2021 | 30 Jun 2021 | 0.89 | 13.30B | 14.95B |
| Q1 FY2021 | 31 Mar 2021 | 1.41 | 16.24B | 11.55B |
| Q4 FY2020 | 31 Dec 2020 | 1.19 | 15.86B | 13.37B |
| Q3 FY2020 | 30 Sept 2020 | 1.76 | 24.14B | 13.69B |
| Q2 FY2020 | 30 Jun 2020 | 1.84 | 23.98B | 13.04B |
| Q1 FY2020 | 31 Mar 2020 | 1.78 | 23.54B | 13.24B |
| Q4 FY2019 | 31 Dec 2019 | 1.77 | 23.04B | 12.99B |
| Q3 FY2019 | 30 Sept 2019 | 1.93 | 22.93B | 11.90B |
| Q2 FY2019 | 30 Jun 2019 | 1.90 | 22.74B | 11.98B |
| Q1 FY2019 | 31 Mar 2019 | 1.87 | 22.74B | 12.17B |
| Q4 FY2018 | 31 Dec 2018 | 1.89 | 22.03B | 11.66B |
| Q3 FY2018 | 30 Sept 2018 | 1.85 | 21.80B | 11.78B |
| Q2 FY2018 | 30 Jun 2018 | 1.98 | 22.28B | 11.24B |
| Q1 FY2018 | 31 Mar 2018 | 1.96 | 21.92B | 11.18B |
| Q4 FY2017 | 31 Dec 2017 | 1.98 | 21.28B | 10.76B |
| Q3 FY2017 | 30 Sept 2017 | 1.94 | 20.77B | 10.69B |
| Q2 FY2017 | 30 Jun 2017 | 1.96 | 20.57B | 10.49B |
| Q1 FY2017 | 31 Mar 2017 | 1.98 | 20.04B | 10.11B |
| Q4 FY2016 | 31 Dec 2016 | 1.94 | 19.25B | 9.90B |
| Q3 FY2016 | 30 Sept 2016 | 1.92 | 19.15B | 9.98B |
| Q2 FY2016 | 30 Jun 2016 | 1.94 | 20.02B | 10.33B |
| Q1 FY2016 | 31 Mar 2016 | 2.03 | 19.82B | 9.76B |
| Q4 FY2015 | 31 Dec 2015 | 2.01 | 19.96B | 9.92B |
| Q3 FY2015 | 30 Sept 2015 | 1.93 | 19.76B | 10.22B |
| Q2 FY2015 | 30 Jun 2015 | 1.93 | 19.20B | 9.94B |
| Q1 FY2015 | 31 Mar 2015 | 1.56 | 21.90B | 14.04B |
| Q4 FY2014 | 31 Dec 2014 | 1.39 | 18.89B | 13.63B |
| Q3 FY2014 | 30 Sept 2014 | 1.56 | 21.86B | 13.97B |
| Q2 FY2014 | 30 Jun 2014 | 1.60 | 21.93B | 13.74B |
| Q1 FY2014 | 31 Mar 2014 | 1.76 | 22.40B | 12.72B |
| Q4 FY2013 | 31 Dec 2013 | 1.73 | 21.61B | 12.47B |
| Q3 FY2013 | 30 Sept 2013 | 1.65 | 20.34B | 12.34B |
| Q2 FY2013 | 30 Jun 2013 | 1.90 | 20.83B | 10.94B |
| Q1 FY2013 | 31 Mar 2013 | 1.97 | 20.69B | 10.52B |
| Q4 FY2012 | 31 Dec 2012 | 1.92 | 20.13B | 10.48B |
| Q3 FY2012 | 30 Sept 2012 | 1.74 | 19.55B | 11.21B |
| Q2 FY2012 | 30 Jun 2012 | 1.79 | 19.60B | 10.96B |
| Q1 FY2012 | 31 Mar 2012 | 1.66 | 18.75B | 11.27B |
| Q4 FY2011 | 31 Dec 2011 | 1.72 | 18.57B | 10.83B |
| Q3 FY2011 | 30 Sept 2011 | 1.72 | 18.61B | 10.85B |
| Q2 FY2011 | 30 Jun 2011 | 1.73 | 18.47B | 10.65B |
| Q1 FY2011 | 31 Mar 2011 | 1.60 | 13.63B | 8.53B |
| Q4 FY2010 | 31 Dec 2010 | 1.63 | 13.36B | 8.21B |
| Q3 FY2010 | 30 Sept 2010 | 1.08 | 9.02B | 8.32B |
| Q2 FY2010 | 30 Jun 2010 | 1.16 | 9.18B | 7.94B |
| Q1 FY2010 | 31 Mar 2010 | 1.40 | 8.24B | 5.89B |
| Q4 FY2009 | 31 Dec 2009 | 1.42 | 7.78B | 5.50B |
| Q3 FY2009 | 30 Sept 2009 | 1.40 | 7.87B | 5.62B |
| Q2 FY2009 | 30 Jun 2009 | 1.51 | 8.32B | 5.52B |
| Q1 FY2009 | 31 Mar 2009 | 1.50 | 7.86B | 5.24B |
| Q4 FY2008 | 31 Dec 2008 | 1.68 | 8.52B | 5.08B |
| Q3 FY2008 | 30 Sept 2008 | 1.24 | 6.91B | 5.58B |
| Q2 FY2008 | 30 Jun 2008 | 1.48 | 7.69B | 5.18B |
| Q1 FY2008 | 31 Mar 2008 | 1.42 | 7.91B | 5.58B |
| Q4 FY2007 | 31 Dec 2007 | 1.38 | 7.66B | 5.56B |
| Q3 FY2007 | 30 Sept 2007 | 1.52 | 7.83B | 5.16B |
| Q2 FY2007 | 30 Jun 2007 | 1.43 | 7.68B | 5.37B |
| Q1 FY2007 | 31 Mar 2007 | 1.52 | 8.02B | 5.27B |
| Q4 FY2006 | 31 Dec 2006 | 1.54 | 7.88B | 5.12B |
| Q3 FY2006 | 30 Sept 2006 | 1.36 | 7.32B | 5.39B |
| Q2 FY2006 | 30 Jun 2006 | 1.35 | 6.98B | 5.19B |
| Q1 FY2006 | 31 Mar 2006 | 1.49 | 7.12B | 4.77B |
| Q4 FY2005 | 31 Dec 2005 | 1.65 | 7.38B | 4.47B |
| Q3 FY2005 | 30 Sept 2005 | 1.58 | 6.88B | 4.36B |
| Q2 FY2005 | 30 Jun 2005 | 1.66 | 7.21B | 4.36B |
| Q1 FY2005 | 31 Mar 2005 | 1.78 | 7.79B | 4.37B |
| Q4 FY2004 | 31 Dec 2004 | 1.82 | 7.79B | 4.29B |
| Q3 FY2004 | 30 Sept 2004 | 1.88 | 7.95B | 4.22B |
| Q2 FY2004 | 30 Jun 2004 | 1.87 | 7.68B | 4.11B |
| Q1 FY2004 | 31 Mar 2004 | 2.46 | 8.57B | 3.48B |
| Q4 FY2003 | 31 Dec 2003 | 2.60 | 8.60B | 3.31B |
| Q3 FY2003 | 30 Sept 2003 | 2.49 | 7.54B | 3.02B |
| Q2 FY2003 | 30 Jun 2003 | 2.38 | 7.03B | 2.95B |
| Q1 FY2003 | 31 Mar 2003 | 2.90 | 7.40B | 2.55B |
| Q4 FY2002 | 31 Dec 2002 | 3.13 | 7.21B | 2.31B |
| Q3 FY2002 | 30 Sept 2002 | 2.93 | 7.39B | 2.52B |
| Q2 FY2002 | 30 Jun 2002 | 2.93 | 5.73B | 1.95B |
| Q1 FY2002 | 31 Mar 2002 | 2.97 | 5.63B | 1.90B |
| Q4 FY2001 | 31 Dec 2001 | 2.94 | 5.70B | 1.94B |
| Q3 FY2001 | 30 Sept 2001 | 2.28 | 5.54B | 2.43B |
| Q2 FY2001 | 30 Jun 2001 | 2.13 | 5.00B | 2.35B |
| Q1 FY2001 | 31 Mar 2001 | 2.73 | 5.74B | 2.10B |
| Q4 FY2000 | 31 Dec 2000 | 2.76 | 5.82B | 2.11B |
| Q3 FY2000 | 30 Sept 2000 | 2.80 | 5.59B | 2.00B |
| Q2 FY2000 | 30 Jun 2000 | 3.03 | 5.67B | 1.87B |
| Q1 FY2000 | 31 Mar 2000 | 2.85 | 5.23B | 1.83B |
| Q4 FY1999 | 31 Dec 1999 | 3.06 | 5.24B | 1.71B |
| Q3 FY1999 | 30 Sept 1999 | 3.15 | 5.06B | 1.61B |
| Q2 FY1999 | 30 Jun 1999 | 2.21 | 4.38B | 1.98B |
| Q1 FY1999 | 31 Mar 1999 | 2.08 | 4.09B | 1.97B |
| Q4 FY1998 | 31 Dec 1998 | 2.20 | 4.14B | 1.89B |
| Q3 FY1998 | 30 Sept 1998 | 2.23 | 4.08B | 1.83B |
| Q2 FY1998 | 30 Jun 1998 | 1.82 | 3.64B | 2.00B |
| Q1 FY1998 | 31 Mar 1998 | 1.17 | 3.46B | 2.95B |
| Q4 FY1997 | 31 Dec 1997 | 1.13 | 3.29B | 2.91B |
| Q3 FY1997 | 30 Sept 1997 | 1.15 | 3.32B | 2.89B |
| Q2 FY1997 | 30 Jun 1997 | 0.79 | 2.48B | 3.15B |
| Q1 FY1997 | 31 Mar 1997 | 1.01 | 3.31B | 3.27B |
| Q4 FY1996 | 31 Dec 1996 | 1.00 | 3.22B | 3.21B |
| Q3 FY1996 | 30 Sept 1996 | 1.01 | 3.19B | 3.17B |
| Q2 FY1996 | 30 Jun 1996 | 1.03 | 3.22B | 3.14B |
| Q1 FY1996 | 31 Mar 1996 | 0.99 | 3.09B | 3.13B |
| Q4 FY1995 | 31 Dec 1995 | 1.03 | 3.17B | 3.06B |
| Q3 FY1995 | 30 Sept 1995 | 1.04 | 3.14B | 3.02B |
| Q2 FY1995 | 30 Jun 1995 | 1.11 | 3.32B | 2.98B |
| Q1 FY1995 | 31 Mar 1995 | 1.07 | 3.20B | 2.98B |
| Q4 FY1994 | 31 Dec 1994 | — | — | — |
| Q3 FY1994 | 30 Sept 1994 | — | — | — |
| Q2 FY1994 | 30 Jun 1994 | — | — | — |
| Q1 FY1994 | 31 Mar 1994 | 1.06 | 3.22B | 3.04B |
| Q4 FY1993 | 31 Dec 1993 | — | — | — |
| Q3 FY1993 | 30 Sept 1993 | — | — | — |
| Q2 FY1993 | 30 Jun 1993 | — | — | — |
| Q1 FY1993 | 31 Mar 1993 | — | — | — |
| Q4 FY1992 | 31 Dec 1992 | — | — | — |
| Q3 FY1992 | 30 Sept 1992 | — | — | — |
| Q2 FY1992 | 30 Jun 1992 | — | — | — |
| Q1 FY1992 | 31 Mar 1992 | — | — | — |
| Q4 FY1991 | 31 Dec 1991 | — | — | — |
| Q3 FY1991 | 30 Sept 1991 | — | — | — |
| Q2 FY1991 | 30 Jun 1991 | — | — | — |
| Q1 FY1991 | 31 Mar 1991 | — | — | — |
| Q4 FY1990 | 31 Dec 1990 | — | — | — |
| Q3 FY1990 | 30 Sept 1990 | — | — | — |
| Q2 FY1990 | 30 Jun 1990 | — | — | — |
| Q1 FY1990 | 31 Mar 1990 | — | — | — |
| Q4 FY1989 | 31 Dec 1989 | — | — | — |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | — | — | — |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | — | — | — |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | — | — | — |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | — | — | — |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about PPL's debt to equity
Source: Financial Modeling PrepVerified against SEC filings