PPL Corporation (PPL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 888,000 | 740,000 | 756,000 | -1,480,000 | 1,469,000 |
| Revenue | US$ in thousands | 8,462,000 | 8,312,000 | 7,902,000 | 5,783,000 | 5,474,000 |
| Net profit margin | 10.49% | 8.90% | 9.57% | -25.59% | 26.84% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $888,000K ÷ $8,462,000K
= 10.49%
Based on the data provided for PPL Corporation's net profit margin over the years, we observe the following trends:
1. In December 31, 2020, PPL Corporation had a net profit margin of 26.84%, indicating that for every dollar of revenue generated, the company retained approximately $0.27 as net profit. This reflects a healthy level of profitability.
2. However, there was a significant decrease in the net profit margin to -25.59% by December 31, 2021. A negative net profit margin implies that the company incurred losses, indicating challenges in managing expenses relative to revenue during that period.
3. Subsequently, there was an improvement in the net profit margin to 9.57% by December 31, 2022, and further to 8.90% by December 31, 2023. These improvements suggest that the company has made efforts to enhance its profitability and control costs.
4. By December 31, 2024, PPL Corporation's net profit margin increased to 10.49%, indicating a continued upward trend in profitability. This could be a result of effective cost management strategies or revenue growth initiatives implemented by the company.
Overall, PPL Corporation's net profit margin has shown fluctuations over the years, with periods of both strong profitability and challenges. It is essential for the company to continue monitoring and managing its expenses effectively to sustain and improve its profitability in the future.
Peer comparison
Dec 31, 2024