PPLPPL Corporation
Is it safe?
Solid, nothing alarming. Balance sheet to watch.
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -49% · now 13% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can PPL take a bad year?
PPL Corporation carries $19.0B of net debt at 5.37× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.37×
Net debt / EBITDA · 5.38× a year ago · the load is coming down
- Altman Z-score
- 0.99
Altman Z-score · distress zone, below 1.8
- Cash runway
- 0.8 years
Cash runway · burning $406M a quarter at the current rate
Details›
- Total debtQ1 2026
- $20.2B
- Cash and short-term investments
- $1.24B
- Net debt
- $19.0B
- EBITDA, trailing twelve months
- $3.54B
- Operating profit, trailing twelve months
- $2.20B
- Debt / equity
- 1.35×
- Total debt / EBITDA
- 5.72×
- Annualised volatilitytwo years of daily moves
- 18%
- Worst drawdown on file
- −49%
- Below its 52-week high
- 13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities, Regulated Electric
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