PPL Corporation (PPL)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 888,000 824,000 840,000 762,000 740,000 817,000 761,000 768,000 756,000 700,000 733,000 633,000 -1,480,000 -1,324,000 -1,250,000 -925,000 1,469,000 1,543,000 1,737,000 1,834,000
Total stockholders’ equity US$ in thousands 14,077,000 14,092,000 14,065,000 14,058,000 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
ROE 6.31% 5.85% 5.97% 5.42% 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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $888,000K ÷ $14,077,000K
= 6.31%

PPL Corporation's Return on Equity (ROE) has shown fluctuations over the analyzed periods. From March 31, 2020, to December 31, 2021, the ROE declined steadily from 13.85% to -10.78%. This downward trend indicates decreasing profitability in relation to shareholders' equity during this period.

However, starting from March 31, 2022, there was a positive turnaround in the ROE, with the ratio gradually increasing from 4.57% to 6.31% by December 31, 2024. This improvement suggests that the company's profitability relative to shareholders' equity has been on the rise over this period.

Overall, the recent positive trend in ROE indicates improved efficiency in generating returns for shareholders compared to the earlier declining trend. This may reflect successful strategic decisions or operational improvements implemented by PPL Corporation to enhance its financial performance.