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