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.
Peer comparison
Dec 31, 2023