PPL Corp

10-K & 10-Q Filings

PPL Corporation is a utility holding company based in Allentown, Pennsylvania, incorporated in 1994. The company delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island, and delivers natural gas to customers in Kentucky and Rhode Island. PPL's principal subsidiaries include PPL Corporation, PPL Capital Funding, PPL Electric, LKE (a holding company owning regulated utility operations through its subsidiaries LG&E and KU), and RIE (engaged in the regulated transmission, distribution, and sale of electricity and regulated distribution and sale of natural gas). The company's website is www.pplweb.com, and its ticker symbol is not provided in the text.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$12737.00
12286.00
11860.00
11499.00
7669.00
7517.00
7447.00
7785.00
7769.00
7607.00
5783.00
7902.00
8312.00
2415.00
2304.00
-3.49%-4.60%Cost of Revenue (-)
$
799.00
709.00
632.00
710.00
931.00
733.00
201.00
209.00
3.98%Gross Profit (+)
$8124.00
7614.00
7091.00
6535.00
4868.00
4981.00
5053.00
6986.00
7060.00
6975.00
5073.00
6971.00
7579.00
2214.00
2095.00
-0.58%-5.37%Depreciation & Amortization (-)
$
883.00
926.00
1008.00
1094.00
1199.00
1287.00
1082.00
1181.00
1254.00
316.00
Non-recurring Operating Expenses (-)
$
Operating Expenses (-)
$9636.00
9177.00
9521.00
8227.00
4838.00
4469.00
4379.00
4933.00
4929.00
4804.00
4359.00
6528.00
6682.00
1917.00
1759.00
-3.00%-8.24%Costs & Expenses (Total) (-)
$9636.00
9177.00
9521.00
8227.00
4838.00
4469.00
4379.00
5732.00
5638.00
5436.00
5069.00
7459.00
7415.00
2118.00
1968.00
-2.16%-7.08%Operating Income/Loss (+)
$3101.00
3109.00
2339.00
3272.00
2831.00
3048.00
3068.00
2852.00
2840.00
2803.00
1424.00
1374.00
1630.00
498.00
545.00
-5.22%9.44%Non-operating Income/Expense (+)
$2.00
-35.00
-720.00
118.00
108.00
390.00
-255.00
396.00
309.00
169.00
15.00
54.00
-40.00
30.00
22.00
-26.67%Interest Expense (-)
$898.00
964.00
1010.00
1037.00
889.00
905.00
919.00
988.00
1025.00
1038.00
918.00
513.00
666.00
164.00
179.00
-2.46%9.15%Earnings before Tax (+)
$2201.00
2082.00
1309.00
2364.00
2068.00
2550.00
1912.00
2285.00
2155.00
1971.00
521.00
915.00
924.00
364.00
388.00
-6.98%6.59%Tax Expense (-)
$691.00
545.00
180.00
781.00
465.00
648.00
784.00
458.00
409.00
502.00
503.00
201.00
184.00
79.00
81.00
-10.44%2.53%Income/Loss (Continuing Operations) (+)
$1510.00
1537.00
1129.00
1583.00
1603.00
1902.00
1128.00
1827.00
1746.00
1469.00
18.00
714.00
740.00
285.00
307.00
-5.77%7.72%Income/Loss (Discontinued Operations) (+)
$2.00
-6.00
2.00
154.00
-921.00
-1498.00
42.00
Profit/Loss (+)
$1512.00
1531.00
1131.00
1737.00
682.00
1902.00
1128.00
Net Income/Loss (NCI) (-)
$17.00
5.00
1.00
Net Income/Loss (+)
$1495.00
1526.00
1130.00
1737.00
682.00
1902.00
1128.00
1827.00
1746.00
1469.00
-1480.00
756.00
740.00
285.00
307.00
-5.69%7.72%Preferred & Other Distributions (-)
$16.00
4.00
Net Income/Loss (Common) (+)
$173.00
132.00
209.00
263.00
682.00
1902.00
1128.00
1827.00
1746.00
1469.00
-1480.00
756.00
740.00
285.00
307.00
12.88%7.72%EPS (Basic)
$2.71
2.61
1.85
2.64
1.01
2.80
1.64
2.59
2.39
1.91
-1.93
1.03
1.00
0.42
-7.97%EPS (Diluted)
$2.70
2.60
1.76
2.61
1.01
2.79
1.64
2.58
2.37
1.91
-1.93
1.02
1.00
0.39
0.42
-7.94%7.69%Weighted Avg Shares (Basic)
550.39
580.28
608.98
653.50
669.81
677.59
685.24
704.44
728.51
768.59
762.90
736.03
737.04
736.83
737.51
2.46%0.09%Weighted Avg Shares (Diluted)
550.95
581.63
663.07
665.97
672.59
680.45
687.33
708.62
736.75
769.38
764.82
736.90
738.17
737.70
738.82
2.47%0.15%Cash
$1354.00
955.00
1185.00
1931.00
836.00
341.00
485.00
621.00
815.00
708.00
3571.00
356.00
331.00
460.00
276.00
-11.08%-40.00%Short-term Investments
$16.00
120.00
Receivables
$827.00
828.00
1020.00
1094.00
733.00
712.00
781.00
770.00
792.00
881.00
641.00
1046.00
1221.00
1154.00
1270.00
3.30%10.05%Inventory
$654.00
673.00
702.00
836.00
357.00
356.00
320.00
303.00
332.00
361.00
322.00
443.00
505.00
434.00
477.00
-2.13%9.91%Prepaid Expenses (Current)
$160.00
166.00
153.00
87.00
66.00
63.00
66.00
70.00
79.00
96.00
60.00
92.00
103.00
175.00
212.00
-3.60%21.14%Other Assets (Current)
$3415.00
2446.00
2093.00
2091.00
654.00
595.00
642.00
668.00
749.00
722.00
413.00
887.00
772.00
815.00
802.00
-11.65%-1.60%Assets (Current)
$6426.00
5068.00
5153.00
6159.00
2646.00
2067.00
2294.00
2432.00
2767.00
2768.00
5007.00
2824.00
2932.00
3038.00
3037.00
-6.33%-0.03%Securities & Long-term Investments
$718.00
759.00
907.00
985.00
15555.00
Property, Plant & Equipment (Net)
$27266.00
30032.00
33087.00
34597.00
30382.00
30074.00
33092.00
34458.00
36482.00
38892.00
25470.00
30238.00
31418.00
30457.00
31747.00
1.19%4.24%Accumulated Depreciation
$9210.00
10106.00
11045.00
11765.00
5848.00
6147.00
6895.00
7411.00
8164.00
8996.00
41.00
8398.00
9179.00
8602.00
9351.00
-0.03%8.71%Goodwill & Intangibles
$5179.00
5083.00
5172.00
4930.00
4229.00
3760.00
3955.00
3878.00
3940.00
4038.00
1059.00
2561.00
2553.00
2558.00
2551.00
-5.72%-0.27%Other Assets
$14875.00
15223.00
15276.00
15077.00
2177.00
2414.00
2138.00
2628.00
2491.00
2418.00
1737.00
2214.00
2333.00
7056.00
7143.00
-14.31%1.23%Assets (Non-current)
$36222.00
38566.00
41106.00
42705.00
36655.00
36248.00
39185.00
40964.00
42913.00
45348.00
28216.00
35013.00
36304.00
35264.00
36594.00
0.02%3.77%Assets (Total)
$42648.00
43634.00
46259.00
48864.00
39301.00
38315.00
41479.00
43396.00
45680.00
48116.00
33223.00
37837.00
39236.00
38302.00
39631.00
-0.69%3.47%Accounts Payable
$1864.00
1981.00
1979.00
2149.00
1455.00
1450.00
1584.00
1673.00
1666.00
1678.00
1161.00
1588.00
1531.00
1552.00
1386.00
-1.63%-10.70%Debt (Current)
$578.00
1403.00
1016.00
3001.00
1401.00
1441.00
1428.00
1960.00
2323.00
3236.00
543.00
1339.00
993.00
104.00
292.00
4.61%180.77%Other Liabilities (Current)
$2813.00
2241.00
1917.00
2293.00
1020.00
946.00
1011.00
930.00
911.00
1063.00
619.00
862.00
816.00
824.00
697.00
-9.80%-15.41%Liabilities (Current)
$5255.00
5625.00
4912.00
7443.00
3876.00
3837.00
4023.00
4563.00
4900.00
5977.00
2323.00
3789.00
3340.00
2480.00
2375.00
-3.71%-4.23%Debt (Non-current)
$17993.00
18725.00
20592.00
18856.00
18563.00
17808.00
19847.00
20069.00
20721.00
21553.00
12889.00
14611.00
14481.00
15753.00
-1.72%8.78%Other Liabilities
$8304.00
8786.00
8289.00
8937.00
6943.00
6771.00
6892.00
7139.00
7102.00
7255.00
17177.00
7247.00
7358.00
7312.00
7449.00
-1.00%1.87%Liabilities (Non-current)
$26297.00
27511.00
28881.00
8937.00
6943.00
6771.00
26739.00
27208.00
27823.00
28808.00
17177.00
20136.00
21969.00
21793.00
23202.00
-1.49%6.47%Liabilities (Total)
$31804.00
33136.00
33793.00
35236.00
29382.00
28416.00
30718.00
31739.00
32689.00
34743.00
19500.00
23919.00
25303.00
24266.00
25573.00
-1.89%5.39%Treasury Stock
$
1003.00
967.00
948.00
950.00
931.00
-2.00%Retained Earnings
$4797.00
5478.00
5709.00
6462.00
2953.00
3829.00
3871.00
4593.00
5127.00
5315.00
2572.00
2681.00
2710.00
2788.00
2828.00
-4.65%1.43%AOCI
$-788.00
-1940.00
-1565.00
-2274.00
-2728.00
-3778.00
-3422.00
-3964.00
-4358.00
-4220.00
-157.00
-124.00
-163.00
-123.00
-161.00
-30.89%Shareholder's Equity
$11096.00
10498.00
12466.00
13628.00
9919.00
9899.00
10761.00
11657.00
12991.00
13373.00
13723.00
13918.00
13933.00
14036.00
14058.00
1.92%0.16%Liabilities & Equity
$42648.00
43634.00
46259.00
48864.00
39301.00
38315.00
41479.00
43396.00
45680.00
48116.00
33223.00
37837.00
39236.00
38302.00
39631.00
-0.69%3.47%Net Income/Loss
$1512.00
1531.00
1131.00
1737.00
682.00
1902.00
1128.00
1827.00
1746.00
1469.00
-1480.00
756.00
740.00
285.00
307.00
-5.78%7.72%Depreciation & Amortization
$
186.00
222.00
228.00
942.00
1006.00
1105.00
1172.00
1280.00
1359.00
1121.00
1233.00
1335.00
330.00
340.00
3.03%Increase/Decrease in Working Capital
$159.00
103.00
384.00
-664.00
-216.00
126.00
29.00
-126.00
367.00
219.00
-508.00
1036.00
593.00
202.00
345.00
11.59%70.79%Share-based Compensation
$-462.00
-441.00
-387.00
-265.00
-443.00
-467.00
-57.00
-166.00
-227.00
-172.00
-12.00
-27.00
-40.00
-10.00
-15.00
-50.00%Adjustments to Reconcile Net Income
$995.00
1233.00
1726.00
1666.00
1933.00
1008.00
1333.00
994.00
681.00
1277.00
3750.00
974.00
1018.00
145.00
-25.00
0.19%-117.24%Net Cash (Operating)
$2507.00
2764.00
2857.00
3403.00
2615.00
2890.00
2461.00
2821.00
2427.00
2746.00
2270.00
1730.00
1758.00
430.00
282.00
-2.91%-34.42%Capital Expenditure
$2553.00
3150.00
4307.00
3285.00
3570.00
2957.00
3171.00
3242.00
3090.00
3258.00
-8581.00
5671.00
2396.00
499.00
597.00
-0.53%19.64%Net Cash (Investing)
$-7952.00
-3123.00
-4295.00
-3329.00
-3588.00
-2918.00
-3156.00
-3361.00
-3080.00
-3258.00
7957.00
-5654.00
-2383.00
-503.00
-591.00
-17.50%Increase/Decrease in Debt
$4410.00
1189.00
1340.00
527.00
1730.00
441.00
1462.00
1395.00
887.00
1672.00
-4755.00
1502.00
1582.00
392.00
447.00
-8.19%14.03%Increase/Decrease in Equity
$2297.00
72.00
1337.00
1074.00
203.00
144.00
453.00
698.00
1167.00
34.00
-994.00
-14.00
-12.00
-5.00
58.33%Interest Expenses
$696.00
847.00
916.00
959.00
822.00
854.00
845.00
910.00
905.00
939.00
191.00
462.00
604.00
-1.17%Dividends Paid
$762.00
833.00
878.00
967.00
1004.00
1030.00
1072.00
1133.00
1192.00
1275.00
1279.00
787.00
704.00
171.00
177.00
-0.66%3.51%Net Cash (Financing)
$5767.00
48.00
1631.00
583.00
68.00
-439.00
824.00
690.00
836.00
386.00
-7390.00
709.00
650.00
177.00
248.00
-16.63%40.11%Cash Taxes Paid
$-76.00
73.00
128.00
190.00
179.00
70.00
65.00
127.00
93.00
95.00
284.00
163.00
281.00
Effect of Exchange Rate
$-45.00
10.00
8.00
-8.00
-10.00
-28.00
15.00
-18.00
10.00
17.00
8.00
Increase/Decrease in Cash
$277.00
-301.00
201.00
649.00
-563.00
-495.00
71.00
120.00
199.00
-105.00
3129.00
-3215.00
25.00
104.00
-61.00
-18.16%-158.65%Cash (Beginning)
$925.00
1202.00
901.00
1102.00
1399.00
836.00
341.00
996.00
1264.00
1651.00
443.00
3572.00
357.00
357.00
713.00
-7.63%99.72%Cash (Ending)
$1202.00
901.00
1102.00
1751.00
836.00
341.00
485.00
1264.00
1651.00
1435.00
3572.00
357.00
382.00
461.00
597.00
-9.11%29.50%NOPAT
$2127.45
2999.99
2110.28
3009.02
2585.96
2964.33
2963.70
2693.49
2717.44
2667.90
647.77
1129.23
1134.30
389.92
431.22
-5.11%10.59%Gross Margin %
63.78%
61.97%
59.79%
56.83%
63.48%
66.26%
67.85%
89.74%
90.87%
91.69%
87.72%
88.22%
91.18%
91.68%
90.93%
Operating Margin %
24.35%
25.31%
19.72%
28.45%
36.91%
40.55%
41.20%
36.63%
36.56%
36.85%
24.62%
17.39%
19.61%
20.62%
23.65%
NOPAT Margin %
16.70%
24.42%
17.79%
26.17%
33.72%
39.44%
39.80%
34.60%
34.98%
35.07%
11.20%
14.29%
13.65%
16.15%
18.72%
Net Margin %
11.74%
12.42%
9.53%
15.11%
8.89%
25.30%
15.15%
23.47%
22.47%
19.31%
-25.59%
9.57%
8.90%
11.80%
13.32%
Tax Rate %
31.39%
3.51%
9.78%
8.04%
8.66%
2.75%
3.40%
5.56%
4.32%
4.82%
54.51%
17.81%
30.41%
21.70%
20.88%
ROA
4.99%
6.88%
4.56%
6.16%
6.58%
7.74%
7.15%
6.21%
5.95%
5.54%
1.95%
2.98%
2.89%
1.02%
1.09%
ROE
19.17%
28.58%
16.93%
22.08%
26.07%
29.95%
27.54%
23.11%
20.92%
19.95%
4.72%
8.11%
8.14%
2.78%
3.07%
ROIC
6.63%
8.66%
5.50%
7.64%
7.48%
8.88%
8.10%
7.10%
6.75%
6.24%
2.43%
3.45%
3.32%
1.18%
1.24%
Asset Turnover
0.30
0.28
0.26
0.24
0.20
0.20
0.18
0.18
0.17
0.16
0.17
0.21
0.21
0.06
0.06
Inventory Turnover
2.64
2.14
1.75
2.20
2.10
1.45
0.46
0.44
Equity Multiplier
3.84
4.16
3.71
3.59
3.96
3.87
3.85
3.72
3.52
3.60
2.42
2.72
2.82
2.73
2.82
Current Ratio
1.22
0.90
1.05
0.83
0.68
0.54
0.57
0.53
0.56
0.46
2.16
0.75
0.88
1.23
1.28
Quick Ratio
0.42
0.32
0.45
0.42
0.40
0.27
0.31
0.30
0.33
0.27
1.81
0.37
0.46
0.65
0.65
Debt/Equity Ratio
1.67
1.92
1.73
1.60
2.01
1.94
1.98
1.89
1.77
1.85
0.04
1.02
1.12
1.04
1.14
Interest Coverage Ratio
4.46
3.67
2.55
3.41
3.44
3.57
3.63
3.13
3.14
2.99
7.46
2.97
2.70
Working Capital/Sales
-0.03
-0.04
0.01
-0.01
-0.01
-0.06
-0.06
-0.05
-0.02
-0.02
0.02
-0.01
0.03
0.02
0.20
Dividend Payout Ratio %
35.82%
27.77%
41.61%
32.14%
38.83%
34.75%
36.17%
42.06%
43.86%
47.79%
197.45%
69.69%
62.06%
43.86%
41.05%
Total Payout
$-5249.00
419.00
-883.00
325.00
-107.00
1299.00
2.00
-50.00
43.00
508.00
7219.00
-253.00
-260.00
-209.00
-265.00
-26.79%Payout Ratio %
-246.73%
13.97%
-41.84%
10.80%
-4.14%
43.82%
0.07%
-1.86%
1.58%
19.04%
1114.44%
-22.40%
-22.92%
-53.60%
-61.45%