PPL Corporation (PPL)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,462,000 | 8,282,000 | 8,259,000 | 8,201,000 | 8,312,000 | 8,571,000 | 8,662,000 | 8,535,000 | 7,902,000 | 7,097,000 | 6,475,000 | 6,067,000 | 5,783,000 | 5,669,000 | 5,557,000 | 5,532,000 | 5,474,000 | 6,057,000 | 6,590,000 | 7,130,000 |
| Total assets | US$ in thousands | 41,069,000 | 40,472,000 | 39,839,000 | 39,631,000 | 39,236,000 | 38,629,000 | 38,296,000 | 38,302,000 | 37,837,000 | 37,378,000 | 37,062,000 | 34,107,000 | 33,223,000 | 34,171,000 | 36,759,000 | 47,781,000 | 48,116,000 | 47,924,000 | 46,520,000 | 46,328,000 |
| Total asset turnover | 0.21 | 0.20 | 0.21 | 0.21 | 0.21 | 0.22 | 0.23 | 0.22 | 0.21 | 0.19 | 0.17 | 0.18 | 0.17 | 0.17 | 0.15 | 0.12 | 0.11 | 0.13 | 0.14 | 0.15 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $8,462,000K ÷ $41,069,000K
= 0.21
The total asset turnover ratio of PPL Corporation has shown fluctuations over the periods analyzed. It decreased from 0.15 in March 2020 to 0.11 in December 2020 indicating a decrease in the company's ability to generate revenue from its assets. However, the ratio started to improve from March 2021 and reached its peak at 0.23 in June 2023, implying that the company was effectively utilizing its assets to generate sales. Subsequently, the ratio fluctuated around 0.21 and 0.22 until December 2024. Overall, the trend in total asset turnover indicates variability in the company's efficiency in generating sales from its total assets during the period under review.
Peer comparison
Dec 31, 2024