PPL (PPL) Debt-to-Asset : 0.44 (As of Mar. 2026)

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PPL PPL Corp PPL
84 GF Score
Price $35.18
GF Value $36.48
Valuation Fairly Valued
! 6 Warning Signs
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What is PPL Debt-to-Asset?

PPL PPL -0.06% 84 Debt-to-Asset is 0.44 as of Mar. 2026. GuruFocus rates PPL with a GF Score™ of 84/100 and a GF Value™ of $36.48 (Fairly Valued). The stock has 6 warning signs investors should review.

PPL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,214 Mil. PPL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $19,024 Mil. PPL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $46,304 Mil. PPL's debt to asset for the quarter that ended in Mar. 2026 was 0.44.

PPL  (NYSE:PPL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

PPL Debt-to-Asset Related Terms

PPL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for PPL's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PPL Debt-to-Asset Chart

PPL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.38 0.40 0.41 0.43

PPL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.42 0.43 0.43 0.44

PPL vs ES, FE, CNP: Debt-to-Asset Comparison

For the Utilities - Regulated Electric subindustry, PPL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PPL Debt-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PPL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where PPL's Debt-to-Asset falls into.


PPL
84GF Score
PPL Corp PPL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PPL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

PPL's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1360 + 17990) / 45244
=0.43

PPL's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1214 + 19024) / 46304
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.44 mean?
PPL (PPL) has a Debt-to-Asset of 0.44 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on PPL and its competitors.
Is PPL's Debt-to-Asset too high?
PPL's current Debt-to-Asset is 0.44. Overall, PPL has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPL's Debt-to-Asset compare to ES and FE?
PPL's Debt-to-Asset of 0.44 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Utilities - Regulated company?
A good Debt-to-Asset depends on the Utilities - Regulated industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on PPL and its competitors. PPL's current Debt-to-Asset is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPL stock overvalued right now?
Based on GuruFocus' analysis, PPL (PPL) is currently considered Fairly Valued. The stock's GF Value™ is $36.48, compared to a current price of $35.18 — trading 3.6% below its estimated fair value. The current Debt-to-Asset is 0.44. PPL's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For PPL (PPL), the current Debt-to-Asset is 0.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PPL (PPL) Overvalued in 2026?

Based on GuruFocus' analysis, PPL stock appears to be undervalued. The current stock price of $35.18 is trading 3.6% below its estimated GF Value™ of $36.48. GuruFocus considers PPL to be Fairly Valued.

Key valuation signals for PPL:

  • Debt-to-Asset: 0.44
  • GF Value™: $36.48 vs. price of $35.18 (3.6% below fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PPL Business Description

Address 645 Hamilton Street, Allentown, PA, USA, 18101
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. In Kentucky, LG&E and KU are involved in regulated electricity generation, transmission, and distribution. LG&E also provides regulated natural gas distribution. Rhode Island Energy operates electric and gas utilities in the state.
84GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.18
Price
$36.48
GF Value