PPLC NYSE
Credit Risk of going bust: lower than 81% of companies Debt: 43.0% of company value Bonds: $463.0M held by 341 funds, 80 bp over Treasuries → details ▾
If the stock fell to about $1.34 (down 97%), PPL Corporation would be worth roughly what it owes.
Total debt $19.85B against a stock market value of $26.28B.
Distance to default 9.84 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $9.96B (short-term plus half of long-term), stock volatility 18.2%; Altman Z'' 1.51. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Allentown, PA 18101
US
PPL Corp. engages in the generation, transmission and distribution of electricity. It operates through the following segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The Kentucky Regulated segment consists of LKE's regulated electricity generation, transmission and distribution operations of Louisville Gas and Electric Company and Kentucky Utilities Company as well as regulated distribution and sale of natural gas of Louisville Gas and Electric Company. The Rhode Island Regulated segment primarily consists of regulated electricity transmission and distribution operations and regulated distribution and sale of natural gas conducted by RIE. The Pennsylvania Regulated segment consists of the regulated electricity transmission and distribution operations of PPL Electric Utilities Corporation. The company was founded on June 4, 1920 and is headquartered in Allentown, PA.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Stark Wendy E | S-Sale | 5,406 | $35.11 | 2026-10-15 |
| DE LIMA ARMANDO ZAGA | A-Award | 1,908 | — | 2026-10-01 |
| Williamson Keith H | A-Award | 1,335 | — | 2026-10-01 |
| WOOD PHOEBE A | A-Award | 1,335 | — | 2026-10-01 |
| ROGERSON CRAIG A | A-Award | 1,335 | — | 2026-10-01 |