PPL Corporation (PPL)

Operating 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
Operating income (ttm) US$ in thousands 1,630,000 1,576,000 1,480,000 1,418,000 1,374,000 1,346,000 1,436,000 1,463,000 1,424,000 1,494,000 1,500,000 1,577,000 1,586,000 1,901,000 2,190,000 2,483,000 2,840,000 2,804,000 2,764,000 2,782,000
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
Operating profit margin 19.61% 18.39% 17.09% 16.61% 17.39% 18.97% 22.18% 24.11% 24.62% 26.35% 26.99% 28.51% 28.97% 31.39% 33.23% 34.82% 36.56% 36.16% 35.93% 35.95%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,630,000K ÷ $8,312,000K
= 19.61%

The operating profit margin for PPL Corp has shown fluctuations over the past eight quarters. The trend indicates a gradual decline from Q1 2022 to Q2 2023, with the highest margin recorded in Q1 2022 at 24.11% and the lowest in Q1 2023 at 16.61%. This suggests that the company's ability to generate profits from its core operations has been somewhat inconsistent.

While the operating profit margin experienced a significant decrease in Q2 2022, it rebounded in the following quarter (Q3 2022). However, the margins have since been on a downward trajectory leading up to Q4 2023. This decline could be a cause for concern as it may indicate challenges in managing costs and expenses relative to the revenue generated.

Overall, PPL Corp's operating profit margin has fluctuated within a range of 16.61% to 24.11% over the past eight quarters, suggesting that the company's efficiency in generating profits from its operations has been volatile. Further analysis of the underlying factors influencing these fluctuations would be beneficial in understanding the company's financial performance in greater detail.


Peer comparison

Dec 31, 2023