Company / Working Capital
PPL Corporation Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$615.0M
FY2025
5-year range
-$965.0M / $2.7B
FY2021-FY2025
Trend
-35.8%
vs FY2024
Sector context
#49 of 73
Utilities
What the data says
At -$615M, PPL Corporation's working capital ranks #49 of 73 in the Utilities sector. Working Capital has fluctuated over the past 10 years, ranging from -$2.1B in FY2019 to $5.8B in FY2020.
Based on SEC 10-K filings.
-$615M in FY2025.
Declined from -$408M to -$615M over the past 2 years.
Utilities sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
In line with sector averageTop 67% of 73This company -$615.0M Sector average -$608.9M
▼
In line with sector average
Key checks
Key Insights
- In FY2025, working capital decreased 35.8% year-over-year.
- Ranks #49 out of 73 companies in the Utilities sector.
- Peak working capital was recorded in FY2020.
- Lowest working capital in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.60 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$615.0M | -35.8% |
| FY2024 | -$453.0M | -11.0% |
| FY2023 | -$408.0M | +57.7% |
| FY2022 | -$965.0M | -136.0% |
| FY2021 | $2.7B | -54.1% |
| FY2020 | $5.8B | +374.0% |
| FY2019 | -$2.1B | -0.1% |
| FY2018 | -$2.1B | -23.3% |
| FY2017 | -$1.7B | +2.3% |
| FY2016 | -$1.8B | -43.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026