Latest period
$20.2B
YoY change
+15.1%
5Y CAGR
+4.1%
Peak year (FY2019)
$23B
Latest annual
$19.4B
Total Debt history chart for PPL (PPL) from 2016 to 2025
Latest: $19.4B
Total Debt growth chart for PPL (PPL) from 2016 to 2025
Latest: +15.1%
Total Debt history table for PPL (PPL) from 1995 to 2025
| FY2025 | $19.4B | +15.1% | +$2.54B | ||
| FY2024 | $16.8B | +7.7% | +$1.2B | ||
| FY2023 | $15.6B | +9.7% | +$1.38B | ||
| FY2022 | $14.2B | +26.9% | +$3.02B | ||
| FY2021 | $11.2B | -29.3% | -$4.65B | ||
| FY2020 | $15.9B | -31.2% | -$7.19B | ||
| FY2019 | $23B | +4.6% | +$1.02B | ||
| FY2018 | $22B | +3.5% | +$754M | ||
| FY2017 | $21.3B | +10.5% | +$2.03B | ||
| FY2016 | $19.2B | -3.6% | -$715M | ||
| FY2015 | $20B | +5.7% | +$1.07B | ||
| FY2014 | $18.9B | -12.6% | -$2.72B | ||
| FY2013 | $21.6B | +7.4% | +$1.48B | ||
| FY2012 | $20.1B | +8.4% | +$1.56B | ||
| FY2011 | $18.6B | +39.0% | +$5.21B | ||
| FY2010 | $13.4B | +71.6% | +$5.58B | ||
| FY2009 | $7.78B | -8.6% | -$735M | ||
| FY2008 | $8.52B | +11.2% | +$857M | ||
| FY2007 | $7.66B | -2.8% | -$217M | ||
| FY2006 | $7.88B | +6.7% | +$493M | ||
| FY2005 | $7.38B | -5.2% | -$405M | ||
| FY2004 | $7.79B | -9.4% | -$807M | ||
| FY2003 | $8.6B | +19.2% | +$1.39B | ||
| FY2002 | $7.21B | +26.6% | +$1.51B | ||
| FY2001 | $5.7B | -2.1% | -$124M | ||
| FY2000 | $5.82B | +11.1% | +$583M | ||
| FY1999 | $5.24B | +26.4% | +$1.1B | ||
| FY1998 | $4.14B | +25.9% | +$852M | ||
| FY1997 | $3.29B | +2.1% | +$68M | ||
| FY1996 | $3.22B | +1.8% | +$55.5M | ||
| FY1995 | $3.17B | — | — |
- FY2025$19.4B+15.1%
- FY2024$16.8B+7.7%
- FY2023$15.6B+9.7%
- FY2022$14.2B+26.9%
- FY2021$11.2B-29.3%
- FY2020$15.9B-31.2%
- FY2019$23B+4.6%
- FY2018$22B+3.5%
- FY2017$21.3B+10.5%
- FY2016$19.2B-3.6%
- FY2015$20B+5.7%
- FY2014$18.9B-12.6%
- FY2013$21.6B+7.4%
- FY2012$20.1B+8.4%
- FY2011$18.6B+39.0%
- FY2010$13.4B+71.6%
- FY2009$7.78B-8.6%
- FY2008$8.52B+11.2%
- FY2007$7.66B-2.8%
- FY2006$7.88B+6.7%
- FY2005$7.38B-5.2%
- FY2004$7.79B-9.4%
- FY2003$8.6B+19.2%
- FY2002$7.21B+26.6%
- FY2001$5.7B-2.1%
- FY2000$5.82B+11.1%
- FY1999$5.24B+26.4%
- FY1998$4.14B+25.9%
- FY1997$3.29B+2.1%
- FY1996$3.22B+1.8%
- FY1995$3.17B—
Total Debt values are taken from PPL's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at PPL (PPL)
According to PPL's latest reported financial statements, the company's latest reported total debt is $20.2B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, PPL (PPL) total debt totalled $19.4B – grew 15.1% year-over-year.
Over 2020–2025 (5 years), PPL total debt expanded at a +4.1% compound annual rate, with mixed annual results across the window.
The record annual total debt stands at $23B, reached in 2019; the historical low of $3.17B was recorded in 1995.
PPL Total Debt by Year
PPL Total Debt 2025: $19.4B
In 2025, PPL reported total debt of $19.4B, grew 15.1% from 2024.
PPL Total Debt 2024: $16.8B
PPL total debt in 2024 was $16.8B, grew 7.7% from 2023.
PPL Total Debt 2023: $15.6B
2023's total debt for PPL came in at $15.6B, grew 9.7% from 2022.
PPL Total Debt 2022: $14.2B
PPL posted total debt of $14.2B in 2022, grew 26.9% from 2021.
PPL Total Debt 2021: $11.2B
PPL total debt in 2021 was $11.2B.
See more financial history for PPL (PPL).
Sector peers by Total Debt
Utilities peers of PPL (PPL), ranked by their latest total debt
| $95.6B | |
| $90.9B | |
| $65.8B | |
| $50.2B | |
| $48.9B | |
| $36.3B | |
| $8.99B | |
| $0.00 |
- $95.6B
- $90.9B
- $65.8B
- $48.9B
- $36.3B
- $0.00
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