PPL Corporation (PPL)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 39,236,000 | 38,629,000 | 38,296,000 | 38,302,000 | 37,837,000 | 37,378,000 | 37,062,000 | 34,107,000 | 33,223,000 | 34,171,000 | 36,759,000 | 47,781,000 | 48,116,000 | 47,924,000 | 46,520,000 | 46,328,000 | 45,680,000 | 44,559,000 | 44,204,000 | 44,567,000 |
| Operating ROA | 4.15% | 4.08% | 3.86% | 3.70% | 3.63% | 3.60% | 3.87% | 4.29% | 4.29% | 4.37% | 4.08% | 3.30% | 3.30% | 3.97% | 4.71% | 5.36% | 6.22% | 6.29% | 6.25% | 6.24% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,630,000K ÷ $39,236,000K
= 4.15%
PPL Corp's operating return on assets (operating ROA) has been relatively stable over the past eight quarters, ranging from 3.60% to 4.29%. The trend shows a slight increase from Q1 2022 to Q2 2022, followed by a fluctuation between 3.60% and 4.29% in subsequent quarters. Overall, the company's performance in generating operating income from its assets has been consistent, indicating efficiency in utilizing its assets to generate profits. It is important for PPL Corp to continue monitoring and potentially improving its operating ROA to ensure sustained financial performance and profitability.
Peer comparison
Dec 31, 2023