PPL Quarterly Balance Sheet
NYSE: PPLUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PPL financial position
As of Mar 31, 2026, PPL reported total assets of $46.30 billion, up 10.8% from a year earlier against total liabilities of $31.29 billion. Shareholders' equity stood at $15.02 billion, or 32.4% of assets. The company held $1.24 billion in cash and equivalents against $20.24 billion of debt, a net debt position of $19.00 billion.
The current ratio (current assets divided by current liabilities) was 1.00, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.35.
Summary generated from market data by MetaCap's automated system. Methodology
PPL balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20222023-09-30 | Q3 20222023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.24B | 1.07B | 1.10B | 294.00M | 312.00M | 306.00M | 542.00M | 282.00M | 276.00M | 331.00M | 353.00M | 326.00M |
| Receivables | 1.33B | 1.11B | 1.00B | 998.00M | 1.21B | 961.00M | 939.00M | 933.00M | 999.00M | 950.00M | 1.02B | 979.00M |
| Inventory | 536.00M | 551.00M | 517.00M | 504.00M | 476.00M | 511.00M | 517.00M | 502.00M | 477.00M | 505.00M | 488.00M | 474.00M |
| Total Current Assets | 4.32B | 3.93B | 3.63B | 2.92B | 3.10B | 2.88B | 2.97B | 2.80B | 3.04B | 2.93B | 2.75B | 2.73B |
| Property, Plant & Equipment | 36.74B | 36.13B | 35.15B | 34.36B | 33.64B | 33.15B | 32.63B | 32.17B | 31.75B | 31.42B | 31.07B | 30.76B |
| Goodwill | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B | 2.25B |
| Intangible Assets | 326.00M | 327.00M | 312.00M | 312.00M | 312.00M | 314.00M | 314.00M | 314.00M | 304.00M | 306.00M | 307.00M | 309.00M |
| Total Assets | 46.30B | 45.24B | 43.94B | 42.36B | 41.81B | 41.07B | 40.47B | 39.84B | 39.63B | 39.24B | 38.63B | 38.30B |
| Accounts Payable | 1.40B | 1.56B | 1.19B | 1.14B | 1.10B | 1.20B | 920.00M | 980.00M | 903.00M | 1.10B | 1.18B | 975.00M |
| Short-Term Debt | 1.21B | 1.36B | 2.05B | 2.50B | 1.35B | 854.00M | 1.00M | 390.00M | 292.00M | 993.00M | 378.00M | 334.00M |
| Total Current Liabilities | 4.31B | 4.55B | 4.69B | 4.98B | 3.83B | 3.33B | 2.31B | 2.52B | 2.38B | 3.34B | 2.88B | 2.50B |
| Long-Term Debt | 19.02B | 17.99B | 16.94B | 15.29B | 15.94B | 15.95B | 16.50B | 15.76B | 15.75B | 14.61B | 14.48B | 14.48B |
| Total Liabilities | 31.29B | 30.36B | 29.53B | 28.08B | 27.51B | 26.99B | 26.38B | 25.77B | 25.57B | 25.30B | 24.62B | 24.34B |
| Shareholders' Equity | 15.02B | 14.88B | 14.41B | 14.29B | 14.30B | 14.08B | 14.09B | 14.06B | 14.06B | 13.93B | 14.01B | 13.96B |
| Retained Earnings | 3.44B | 3.21B | 3.14B | 3.03B | 3.05B | 2.83B | 2.85B | 2.83B | 2.83B | 2.71B | 2.77B | 2.72B |
| Total Debt | 20.24B | 19.35B | 18.99B | 17.80B | 17.29B | 16.81B | 16.50B | 16.15B | 16.05B | 15.60B | 14.86B | 14.81B |
| Net Cash (Debt) | -19.00B | -18.28B | -17.88B | -17.50B | -16.97B | -16.50B | -15.96B | -15.86B | -15.77B | -15.27B | -14.51B | -14.49B |
| Shares Outstanding | 752.18M | 751.04M | 739.54M | 739.31M | 739.07M | 738.03M | 737.78M | 737.76M | 737.74M | 737.13M | 737.12M | 737.09M |
This table shows 12 quarterly periods of PPL's balance sheet, from Q1 2026 back to Q3 2022, 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?