PPL Corporation (PPL)

Return on assets (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
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
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
ROA 1.89% 2.11% 1.99% 2.01% 2.00% 1.87% 1.98% 1.86% -4.45% -3.87% -3.40% -1.94% 3.05% 3.22% 3.73% 3.96% 3.82% 4.03% 4.00% 4.13%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $740,000K ÷ $39,236,000K
= 1.89%

PPL Corp's return on assets (ROA) has shown fluctuations over the past eight quarters, ranging from a low of 1.86% in Q1 2022 to a high of 2.11% in Q3 2023. The average ROA over this period is approximately 1.98%.

These variations indicate that PPL Corp's ability to generate profit from its assets has not been consistent. It is important for the company to closely monitor and manage its asset utilization to ensure sustainable profitability.

Overall, the ROA trend suggests that PPL Corp has been able to effectively generate returns from its assets but may benefit from further efficiency improvements to enhance profitability.


Peer comparison

Dec 31, 2023