PPL Corporation (PPL)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 7,675,000 | 7,513,000 | 7,498,000 | 7,454,000 | 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 |
| 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 |
| Gross profit margin | 90.70% | 90.71% | 90.79% | 90.89% | 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% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $7,675,000K ÷ $8,462,000K
= 90.70%
The gross profit margin for PPL Corporation has seen fluctuations over the past few years. It increased steadily from March 31, 2020, to December 31, 2020, reaching a peak of 127.27%. However, the margin started declining in the subsequent quarters, dropping to 86.94% by December 31, 2021. The margin continued to hover around the 86-91% range through December 31, 2024, with slight fluctuations.
Overall, PPL Corporation's gross profit margin has shown some volatility but has remained relatively stable in recent quarters, indicating the company's ability to generate profits after accounting for the cost of goods sold. It would be beneficial to further analyze the underlying factors contributing to these fluctuations to gain a comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2024