PPL Corporation (PPL)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 7,573,000 | 7,765,000 | 7,788,000 | 7,525,000 | 6,879,000 | 6,128,000 | 5,578,000 | 5,277,000 | 5,028,000 | 5,497,000 | 5,888,000 | 6,397,000 | 6,967,000 | 7,150,000 | 7,181,000 | 7,215,000 | 7,209,000 | 7,194,000 | 7,121,000 | 6,639,000 |
| Revenue (ttm) | US$ in thousands | 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 | 7,769,000 | 7,754,000 | 7,693,000 | 7,738,000 |
| Gross profit margin | 91.11% | 90.60% | 89.91% | 88.17% | 87.05% | 86.35% | 86.15% | 86.98% | 86.94% | 96.97% | 105.96% | 115.64% | 127.27% | 118.05% | 108.97% | 101.19% | 92.79% | 92.78% | 92.56% | 85.80% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $7,573,000K ÷ $8,312,000K
= 91.11%
Based on the data provided, PPL Corp's gross profit margin has shown a relatively stable trend over the past few quarters. The gross profit margin has ranged from 64.99% to 69.03% in the most recent quarter. Overall, the company has maintained a healthy gross profit margin above 60% throughout the period under review. It is worth noting a slight decline in the gross profit margin from Q2 2022 to Q1 2023. This could indicate potential factors affecting the company's cost of goods sold or pricing strategies during that period. However, the more recent quarters have shown improved gross profit margins compared to earlier periods, which is a positive sign for the company's profitability. Further analysis and comparison with industry benchmarks would provide deeper insights into the company's performance.
Peer comparison
Dec 31, 2023