PPL Corporation (PPL)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 41,069,000 | 39,236,000 | 37,837,000 | 33,223,000 | 48,116,000 |
| ROA | 2.16% | 1.89% | 2.00% | -4.45% | 3.05% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $888,000K ÷ $41,069,000K
= 2.16%
Based on the data provided, the return on assets (ROA) for PPL Corporation has fluctuated over the years. In December 2020, the ROA was 3.05%, indicating that the company generated a profit of 3.05% for every dollar of assets it had. However, by December 2021, the ROA turned negative at -4.45%, suggesting that the company experienced a loss in relation to its assets.
In the following years, PPL Corporation managed to improve its ROA, reaching 2.00% by December 2022, 1.89% by December 2023, and 2.16% by December 2024. While the ROA remained positive in these years, it is worth noting that the ROA figures were lower compared to the initial performance in December 2020.
Overall, the fluctuating ROA figures suggest that PPL Corporation has had varying levels of success in generating profits from its assets over the years. The negative ROA in 2021 indicates a period of financial challenge, which the company was able to partially recover from in the subsequent years.
Peer comparison
Dec 31, 2024