PPL Corporation (PPL)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 740,000 | 817,000 | 761,000 | 768,000 | 756,000 | 700,000 | 733,000 | 633,000 | -1,480,000 | -1,324,000 | -1,250,000 | -925,000 | 1,469,000 | 1,543,000 | 1,737,000 | 1,834,000 | 1,746,000 | 1,797,000 | 1,767,000 | 1,841,000 |
| 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 |
| Net profit margin | 8.90% | 9.53% | 8.79% | 9.00% | 9.57% | 9.86% | 11.32% | 10.43% | -25.59% | -23.36% | -22.49% | -16.72% | 26.84% | 25.47% | 26.36% | 25.72% | 22.47% | 23.18% | 22.97% | 23.79% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $740,000K ÷ $8,312,000K
= 8.90%
The net profit margin of PPL Corp has shown some variability over the past eight quarters, ranging from a high of 11.32% in Q2 2022 to a low of 8.77% in Q2 2023. Overall, the net profit margin has generally remained in the range of 8.77% to 11.32% during this period, indicating a consistent level of profitability relative to the company's revenue.
The downward trend observed in the most recent quarters, from 9.86% in Q3 2022 to 8.89% in Q4 2023, may suggest challenges or changes in the company's operations or financial performance. It is essential for stakeholders to monitor this trend closely to assess the long-term sustainability of PPL Corp's profitability.
It is recommended that further analysis be conducted to uncover the underlying factors contributing to the fluctuations in PPL Corp's net profit margin and to determine whether they are indicative of any potential issues or opportunities for improvement in the company's financial performance.
Peer comparison
Dec 31, 2023