PPL Balance Sheet
NYSE: PPLUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PPL financial position
At the end of fiscal 2025, PPL reported total assets of $45.24 billion, up 10.2% from a year earlier against total liabilities of $30.36 billion. Shareholders' equity stood at $14.88 billion, or 32.9% of assets. The company held $1.07 billion in cash and equivalents against $19.35 billion of debt, a net debt position of $18.28 billion.
The current ratio (current assets divided by current liabilities) was 0.86, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.30.
Summary generated from market data by MetaCap's automated system. Methodology
PPL balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20212022-12-31 | FY 20212021-12-31 | FY 20192020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.07B | 306.00M | 331.00M | 356.00M | 3.57B | 442.00M | 815.00M | 621.00M | 485.00M | 341.00M |
| Receivables | 1.11B | 961.00M | 950.00M | 896.00M | 583.00M | 603.00M | 687.00M | 663.00M | 681.00M | 666.00M |
| Inventory | 551.00M | 511.00M | 505.00M | 443.00M | 322.00M | 302.00M | 332.00M | 303.00M | 320.00M | 356.00M |
| Total Current Assets | 3.93B | 2.88B | 2.93B | 2.82B | 5.01B | 20.90B | 2.77B | 2.43B | 2.29B | 2.07B |
| Property, Plant & Equipment | 36.13B | 33.15B | 31.42B | 30.24B | 25.47B | 24.50B | 36.48B | 34.46B | 33.09B | 30.07B |
| Goodwill | 2.25B | 2.25B | 2.25B | 2.25B | 716.00M | 716.00M | 3.20B | 3.16B | 3.26B | 3.06B |
| Intangible Assets | 327.00M | 314.00M | 306.00M | 313.00M | 343.00M | 351.00M | 742.00M | 716.00M | 697.00M | 700.00M |
| Total Assets | 45.24B | 41.07B | 39.24B | 37.84B | 33.22B | 48.12B | 45.68B | 43.40B | 41.48B | 38.31B |
| Accounts Payable | 1.56B | 1.20B | 1.10B | 1.20B | 679.00M | 745.00M | 956.00M | 989.00M | 924.00M | 820.00M |
| Short-Term Debt | 1.36B | 854.00M | 993.00M | 1.34B | 543.00M | 2.24B | 2.32B | 1.96B | 1.43B | 1.44B |
| Total Current Liabilities | 4.55B | 3.33B | 3.34B | 3.79B | 2.32B | 15.05B | 4.90B | 4.56B | 4.02B | 3.84B |
| Long-Term Debt | 17.99B | 15.95B | 14.61B | 12.89B | 10.67B | 13.62B | 20.72B | 20.07B | 19.85B | 17.81B |
| Total Liabilities | 30.36B | 26.99B | 25.30B | 23.92B | 19.50B | 34.74B | 32.69B | 31.74B | 30.72B | 28.42B |
| Shareholders' Equity | 14.88B | 14.08B | 13.93B | 13.91B | 13.72B | 13.37B | 12.99B | 11.66B | 10.76B | 9.90B |
| Retained Earnings | 3.21B | 2.83B | 2.71B | 2.68B | 2.57B | 5.32B | 5.13B | 4.59B | 3.87B | 3.83B |
| Total Debt | 19.35B | 16.81B | 15.60B | 14.23B | 11.21B | 15.86B | 23.04B | 22.03B | 21.27B | 19.25B |
| Net Cash (Debt) | -18.28B | -16.50B | -15.27B | -13.87B | -7.64B | -15.41B | -22.23B | -21.41B | -20.79B | -18.91B |
| Shares Outstanding | 751.04M | 738.03M | 737.13M | 736.49M | 735.11M | 768.91M | 767.23M | 720.32M | 693.40M | 679.73M |
This table shows 10 annual periods of PPL's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow PPL's reporting calendar. What is a balance sheet?