PPL Past Earnings Performance

Past criteria checks 5/6

PPL has been growing earnings at an average annual rate of 0.4%, while the Electric Utilities industry saw earnings growing at 5.4% annually. Revenues have been growing at an average rate of 9.3% per year. PPL's return on equity is 6.3%, and it has net margins of 10.5%.

Key information

0.4%

Earnings growth rate

0.9%

EPS growth rate

Electric Utilities Industry Growth6.3%
Revenue growth rate9.3%
Return on equity6.3%
Net Margin10.5%
Next Earnings Update30 Apr 2025

Recent past performance updates

We Think PPL's (NYSE:PPL) Solid Earnings Are Understated

Nov 08
We Think PPL's (NYSE:PPL) Solid Earnings Are Understated

Recent updates

PPL Corporation: Good Prospects, But Appears Overvalued Right Now

Apr 21

Do PPL's (NYSE:PPL) Earnings Warrant Your Attention?

Mar 09
Do PPL's (NYSE:PPL) Earnings Warrant Your Attention?

PPL's (NYSE:PPL) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 16
PPL's (NYSE:PPL) Shareholders Will Receive A Bigger Dividend Than Last Year

What You Can Learn From PPL Corporation's (NYSE:PPL) P/E

Feb 10
What You Can Learn From PPL Corporation's (NYSE:PPL) P/E

PPL: I Am Not Electrified Despite Industry Demand

Feb 02

Is PPL Corporation (NYSE:PPL) Potentially Undervalued?

Jan 15
Is PPL Corporation (NYSE:PPL) Potentially Undervalued?

Be Wary Of PPL (NYSE:PPL) And Its Returns On Capital

Dec 18
Be Wary Of PPL (NYSE:PPL) And Its Returns On Capital

Does PPL (NYSE:PPL) Have A Healthy Balance Sheet?

Dec 05
Does PPL (NYSE:PPL) Have A Healthy Balance Sheet?

PPL: Recovery Of Underlying At Risk Earning <5% Return On Capital

Nov 16

We Think PPL's (NYSE:PPL) Solid Earnings Are Understated

Nov 08
We Think PPL's (NYSE:PPL) Solid Earnings Are Understated

Getting In Cheap On PPL Corporation (NYSE:PPL) Might Be Difficult

Oct 30
Getting In Cheap On PPL Corporation (NYSE:PPL) Might Be Difficult

With EPS Growth And More, PPL (NYSE:PPL) Makes An Interesting Case

Oct 17
With EPS Growth And More, PPL (NYSE:PPL) Makes An Interesting Case

When Should You Buy PPL Corporation (NYSE:PPL)?

Oct 05
When Should You Buy PPL Corporation (NYSE:PPL)?

Is There An Opportunity With PPL Corporation's (NYSE:PPL) 37% Undervaluation?

Sep 09
Is There An Opportunity With PPL Corporation's (NYSE:PPL) 37% Undervaluation?

PPL: Outperformed My 'Hold' Rating, But I Still Believe It's Overvalued

Aug 28

PPL's (NYSE:PPL) Returns On Capital Not Reflecting Well On The Business

Aug 28
PPL's (NYSE:PPL) Returns On Capital Not Reflecting Well On The Business

PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet

Jul 15
PPL (NYSE:PPL) Has A Somewhat Strained Balance Sheet

If EPS Growth Is Important To You, PPL (NYSE:PPL) Presents An Opportunity

Jun 30
If EPS Growth Is Important To You, PPL (NYSE:PPL) Presents An Opportunity

Is It Time To Consider Buying PPL Corporation (NYSE:PPL)?

Jun 18
Is It Time To Consider Buying PPL Corporation (NYSE:PPL)?

PPL Corporation: Slow Growth But A Secure Dividend

Jun 14

PPL (NYSE:PPL) Will Be Looking To Turn Around Its Returns

May 22
PPL (NYSE:PPL) Will Be Looking To Turn Around Its Returns

Shareholders Will Probably Not Have Any Issues With PPL Corporation's (NYSE:PPL) CEO Compensation

May 09
Shareholders Will Probably Not Have Any Issues With PPL Corporation's (NYSE:PPL) CEO Compensation

We Think PPL's (NYSE:PPL) Solid Earnings Are Understated

May 08
We Think PPL's (NYSE:PPL) Solid Earnings Are Understated

PPL Corporation: A Bright Outlook And Good Entry Point, Buy

Apr 03

PPL Corporation's Geographic Footprint Limits Upside

Dec 06

PPL: A Similar Story Again

Sep 25

PPL: A Growth-Rich Utility, But Near Fair Value, Neutral Chart

Jul 13

Revenue & Expenses Breakdown

How PPL makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:PPL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 248,462886420
30 Sep 248,282822-420
30 Jun 248,259839-410
31 Mar 248,201762-310
31 Dec 238,312739400
30 Sep 238,571773-500
30 Jun 238,662717-170
31 Mar 238,535724-540
31 Dec 227,902713470
30 Sep 227,097708-300
30 Jun 226,475743-290
31 Mar 226,06788-270
31 Dec 215,78318-210
30 Sep 215,66941-120
30 Jun 215,557-51-70
31 Mar 215,532638-10
31 Dec 205,47463920
30 Sep 206,057839-830
30 Jun 206,5901,196-1590
31 Mar 207,1301,483-2370
31 Dec 195,602735-80
30 Sep 197,7541,795-2990
30 Jun 197,6931,765-2830
31 Mar 197,7381,840-2690
31 Dec 187,7851,825-2570
30 Sep 187,7721,488-2390
30 Jun 187,7451,398-2190
31 Mar 187,6221,175-1970
31 Dec 177,4471,126-1670
30 Sep 177,3531,511-1230
30 Jun 177,3971,629-820
31 Mar 177,4571,819-380
31 Dec 167,5171,896-1120
30 Sep 167,4651,84100
30 Jun 167,4541,76200
31 Mar 167,4501,52900
31 Dec 157,6691,60100
30 Sep 157,8351,59700
30 Jun 157,8361,61200
31 Mar 157,9041,59200
31 Dec 147,8521,42800
30 Sep 148,72592200
30 Jun 149,92091500

Quality Earnings: PPL has high quality earnings.

Growing Profit Margin: PPL's current net profit margins (10.5%) are higher than last year (8.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PPL's earnings have grown by 0.4% per year over the past 5 years.

Accelerating Growth: PPL's earnings growth over the past year (19.9%) exceeds its 5-year average (0.4% per year).

Earnings vs Industry: PPL earnings growth over the past year (19.9%) exceeded the Electric Utilities industry 8.3%.


Return on Equity

High ROE: PPL's Return on Equity (6.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 22:35
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PPL Corporation is covered by 40 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Nathan JudgeAtlantic Equities LLP
Nicholas CampanellaBarclays