PPL Corporation (PPL)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	13,933,000	14,012,000	13,959,000	14,033,000	13,915,000	13,881,000	13,870,000	13,865,000	13,723,000	14,576,000	14,952,000	11,554,000	13,373,000	13,686,000	13,044,000	13,241,000	12,991,000	11,902,000	11,983,000	12,172,000
ROE		5.31%	5.83%	5.45%	5.47%	5.43%	5.04%	5.28%	4.57%	-10.78%	-9.08%	-8.36%	-8.01%	10.98%	11.27%	13.32%	13.85%	13.44%	15.10%	14.75%	15.12%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $740,000K ÷ $13,933,000K
= 5.31%

Based on the provided data, PPL Corp's return on equity (ROE) has shown relatively stable performance over the past eight quarters, ranging from 4.57% to 5.82%. The ROE for Q4 2023 stands at 5.30%, indicating a moderate return generated on shareholder equity during that period.

Overall, PPL Corp's ROE has generally remained within a consistent range, reflecting the company's ability to generate earnings relative to the equity invested by shareholders. While the ROE has experienced some fluctuations, the figures indicate a reasonable level of profitability and efficiency in utilizing shareholder funds.

It is important to assess other financial metrics and consider external factors to gain a more comprehensive understanding of PPL Corp's financial performance and potential future outlook.