PPLNEUTRAL

PPL Debt-to-Equity Ratio Analysis

1.35x

Higher than 25% of Utilities sector peers

Updated 153h ago·SEC filings & market data

Key Takeaway

A debt-to-equity ratio of 1.35x means PPL carries $1.35 in debt for every $1 of shareholder equity.

Sector Performance

25th percentile

PPL

1.35x

Sector Median

1.52x

Sector Avg

1.87x

Prior Period

1.28x(May 2026)

↓ Declining

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Deep Analysis

A debt-to-equity ratio of 1.35x means PPL carries $1.35 in debt for every $1 of shareholder equity.

That level sits below the utilities sector median of 1.42x, and the 30th percentile rank shows the company carries less leverage than about 70% of its sector peers. The trend is not measurable: the year-over-year change is N/A, and the quarter-over-quarter change is also N/A, so only a single current value is available. Since the ratio is moderately below the sector median and no directional data exists, the risk profile is stable but without a clear catalyst for improvement or deterioration. This supports the overall NEUTRAL verdict, because the leverage level is close to the sector norm and does not make PPL stand out as either a high-risk or a delever

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about PPL?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does PPL's Debt-to-Equity Ratio compare to its sector?

PPL's Debt-to-Equity Ratio of 1.35x compares to a Utilities sector median of 1.52x, placing it in the 25th percentile.

Who are PPL's closest peers by Debt-to-Equity Ratio?

The closest Utilities peers by Debt-to-Equity Ratio include: NEP (1.52x), PNW (1.56x), LNT (1.60x), PEG (1.42x), AEP (1.63x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.