Cash flow PPL Corporation

Equities

PPL

US69351T1060

Multiline Utilities

Market Closed - Nyse Other stock markets 04:00:02 2025-01-15 pm EST			5-day change	1st Jan Change
32.11 ^USD	+0.41%		-0.19%	-1.08%

Jan. 14	PPL to Eliminate Role of COO	MT
Jan. 14	PPL Corporation Announces Executive Changes, Effective April 4, 2025	CI

f457a42f98b7378ff1339.NMCZu1CpKXVu82vOkna5_79VNCQqeXmh5eeePZUpVJM.Vpbd_xmZU1gFoCKY2QzbiewRfm4aPRHIvN_4S-9hPsJ4iOvOBOxuWC2ZJg

Published financial data: PPL CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues - (Utility Template)	7.77B	7.61B	5.78B	7.9B	8.31B
Total Revenues	7.77B	7.61B	5.78B	7.9B	8.31B
Fuel & Purchased Power	1.43B	1.27B	1.46B	2.62B	2.57B
Operations And Maintenance	1.94B	1.89B	1.54B	2.36B	2.3B
Depreciation & Amortization - (IS) - (Collected)	1.2B	1.29B	1.08B	1.18B	1.25B
Other Operating Expenses	33M	74M	220M	321M	385M
Total Operating Expenses	4.61B	4.51B	4.3B	6.48B	6.51B
Operating Income (REIT / Utility Template)	3.16B	3.09B	1.48B	1.42B	1.8B
Interest Expense, Total	-994M	-1B	-918M	-513M	-666M
Interest and Investment Income	16M	10M	12M	4M	32M
Net Interest Expenses	-978M	-991M	-906M	-509M	-634M
Income (Loss) on Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	41M	153M	-	-	-
Allowance For Equity Funds Used During Construction	23M	20M	18M	22M	30M
Other Non Operating Income (Expenses)	-23M	-3M	-36M	-19M	-19M
EBT, Excl. Unusual Items	2.22B	2.27B	558M	915M	1.18B
Restructuring Charges	-	-	-	-	-
Total Merger & Related Restructuring Charges	-	-	-	-	-82M
Gain (Loss) on Sale of Investments	-	-	-	-	-
Asset Writedown	-	-	-37M	-	-
Legal Settlements	-	-	-	-	-124M
Other Unusual Items	-69M	-301M	-	-	-48M
EBT, Incl. Unusual Items	2.16B	1.97B	521M	915M	924M
Income Tax Expense	409M	502M	503M	201M	184M
Earnings From Continuing Operations	1.75B	1.47B	18M	714M	740M
Earnings Of Discontinued Operations	-	-	-1.5B	42M	-
Net Income to Company	1.75B	1.47B	-1.48B	756M	740M
Net Income - (IS)	1.75B	1.47B	-1.48B	756M	740M
Preferred Dividend and Other Adjustments	1M	1M	-	1M	1M
Net Income to Common Incl Extra Items	1.74B	1.47B	-1.48B	755M	739M
Net Income to Common Excl. Extra Items	1.74B	1.47B	18M	713M	739M
Per Share Items
Net EPS - Basic	2.4	1.91	-1.94	1.03	1
Basic EPS - Continuing Operations	2.4	1.91	0.02	0.97	1
Basic Weighted Average Shares Outstanding	729M	769M	763M	736M	737M
Net EPS - Diluted	2.37	1.91	-1.94	1.02	1
Diluted EPS - Continuing Operations	2.37	1.91	0.02	0.96	1
Diluted Weighted Average Shares Outstanding	737M	769M	765M	737M	738M
Normalized Basic EPS	1.91	1.85	0.46	0.78	1
Normalized Diluted EPS	1.89	1.85	0.46	0.78	1
Dividend Per Share	1.65	1.66	1.66	0.88	0.96
Payout Ratio	68.27	86.79	-86.42	104.1	95.14
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Utility Revenues	7.73B	7.57B	5.75B	7.88B	8.31B
Non Utility Revenues	38M	38M	33M	23M	1M
EBITDA	4.44B	4.45B	2.6B	2.65B	3.14B
EBITA	3.24B	3.16B	1.52B	1.47B	1.88B
EBIT	3.16B	3.09B	1.48B	1.42B	1.8B
EBITDAR	4.48B	4.49B	2.63B	2.68B	3.17B
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	18.98	25.47	96.55	21.97	19.91
Current Domestic Taxes	9M	15M	35M	22M	-138M
Current Foreign Taxes	91M	85M	-1M	-	-
Total Current Taxes	100M	100M	34M	22M	-138M
Deferred Domestic Taxes	186M	187M	86M	179M	325M
Deferred Foreign Taxes	123M	215M	383M	-	-
Total Deferred Taxes	309M	402M	469M	179M	325M
Normalized Net Income	1.39B	1.42B	349M	572M	736M
Interest Capitalized	10M	9M	6M	7M	12M
Interest on Long-Term Debt	24M	33M	-	-	-
Non-Cash Pension Expense	-324M	-244M	-15M	-50M	-113M
Supplemental Operating Expense Items
Net Rental Expense, Total	40M	39M	30M	26M	33M
Imputed Operating Lease Interest Expense	14.17M	13.1M	16.24M	8.43M	11.91M
Imputed Operating Lease Depreciation	25.83M	25.9M	13.76M	17.57M	21.09M
Stock-Based Comp., COGS (Total)	36M	29M	34M	36M	33M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	36M	29M	34M	36M	33M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	815M	708M	3.57B	356M	331M
Short Term Investments - (Utility / Insurance Templates)	-	-	-	-	-
Accounts Receivable, Total	1.19B	1.29B	890M	1.45B	1.38B
Other Receivables	105M	91M	58M	150M	271M
Accounts Receivable (Summary Subtotal)	1.3B	1.38B	948M	1.6B	1.65B
Inventory - (Utility Template)	332M	361M	322M	443M	505M
Prepaid Expenses	79M	96M	60M	92M	103M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	3M	1M	1M	1M	-
Other Current Assets, Total	242M	223M	105M	334M	344M
Total Current Assets	2.77B	2.77B	5.01B	2.82B	2.93B
Gross Property Plant And Equipment	44.74B	47.98B	32.06B	38.7B	40.67B
Accumulated Depreciation	-8.16B	-9B	-6.53B	-8.4B	-9.18B
Net Property Plant And Equipment	36.58B	38.98B	25.53B	30.3B	31.49B
Regulatory Assets	1.49B	1.26B	1.24B	1.82B	1.87B
Goodwill	3.2B	3.27B	716M	2.25B	2.25B
Other Intangibles, Total	742M	764M	343M	313M	306M
Long-Term Investments - (Utility Template)	-	-	-	-	-
Deferred Tax Assets Long-Term (Collected)	24M	17M	12M	6M	9M
Other Long-Term Assets, Total	879M	1.05B	377M	329M	376M
Total Assets	45.68B	48.12B	33.22B	37.84B	39.24B
Liabilities
Accounts Payable, Total	956M	965M	679M	1.2B	1.1B
Accrued Expenses, Total	317M	324M	112M	148M	175M
Short-Term Borrowings	1.15B	1.66B	69M	985M	992M
Current Portion of Long-Term Debt	1.18B	1.58B	475M	355M	2M
Current Portion of Leases	26M	24M	22M	22M	22M
Current Income Taxes Payable	99M	91M	96M	124M	130M
Unearned Revenue, Current	-	-	-	-	-
Other Current Liabilities - (Bank / Utility Template)	1.18B	1.34B	870M	954M	915M
Total Current Liabilities	4.9B	5.98B	2.32B	3.79B	3.34B
Long-Term Debt	20.81B	21.64B	10.74B	12.96B	14.67B
Long-Term Leases	78M	70M	47M	42M	69M
Pension & Other Post Retirement Benefits	638M	260M	278M	393M	527M
Deferred Tax Liability Non-Current	4.97B	5.38B	4.86B	5.22B	5.2B
Other Non Current Liabilities, Total	1.3B	1.42B	1.25B	1.52B	1.5B
Total Liabilities	32.69B	34.74B	19.5B	23.92B	25.3B
Common Stock, Total	8M	8M	8M	8M	8M
Additional Paid In Capital	12.21B	12.27B	12.3B	12.32B	12.33B
Retained Earnings	5.13B	5.32B	2.57B	2.68B	2.71B
Treasury Stock	-	-	-1B	-967M	-948M
Comprehensive Income and Other	-4.36B	-4.22B	-157M	-124M	-163M
Total Common Equity	12.99B	13.37B	13.72B	13.92B	13.93B
Minority Interest	-	-	-	3M	-
Total Equity	12.99B	13.37B	13.72B	13.92B	13.93B
Total Liabilities And Equity	45.68B	48.12B	33.22B	37.84B	39.24B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	768M	769M	735M	737M	738M
ECS Total Common Shares Outstanding	767M	769M	735M	736M	737M
Book Value / Share	16.93	17.39	18.67	18.89	18.9
Tangible Book Value	9.05B	9.34B	12.66B	11.35B	11.38B
Tangible Book Value Per Share	11.8	12.14	17.23	15.42	15.44
Total Debt	23.24B	24.97B	11.36B	14.36B	15.76B
Net Debt	22.42B	24.26B	7.79B	14B	15.43B
Debt Equivalent of Unfunded Proj. Benefit Obligation	131M	-489M	102M	184M	278M
Debt Equivalent Oper. Leases	320M	312M	240M	208M	264M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	3M	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	297M	331M	268M	352M	447M
Inventories - Finished Goods, Total	35M	30M	54M	91M	58M
Machinery, Total	42.71B	45.89B	30.48B	36.96B	38.61B
Full Time Employees	12.28K	12.32K	5.61K	6.53K	6.63K
Accumulated Allowance for Doubtful Accounts (Supple)	58M	75M	65M	87M	123M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.75B	1.47B	-1.48B	756M	740M
Depreciation, Depletion & Amortization	1.2B	1.29B	1.08B	1.18B	1.25B
Amortization of Goodwill and Intangible Assets - (CF)	81M	72M	39M	52M	81M
Total Depreciation, Depletion & Amortization	1.28B	1.36B	1.12B	1.23B	1.34B
(Gain) Loss On Sale of Asset - (CF)	-	-	-	60M	-
Total Asset Writedown	-	-	37M	-	-
Stock-Based Compensation (CF)	36M	29M	-	-	33M
Change in Trading Asset Securities	-	-	-	-	-
Change in Accounts Receivable	-1M	-72M	-14M	-373M	-42M
Change In Inventories	-26M	-17M	-	-90M	-60M
Change in Accounts Payable	-77M	10M	24M	358M	-72M
Change In Income Taxes	-	-	27M	-80M	6M
Change in Other Net Operating Assets (Collected)	-628M	-501M	-171M	-306M	-402M
Other Operating Activities	97M	469M	2B	172M	220M
Net Cash From Discontinued Operations	-	-	726M	-	-
Cash from Operations	2.43B	2.75B	2.27B	1.73B	1.76B
Capital Expenditure	-3.08B	-3.25B	-1.97B	-2.16B	-2.39B
Cash Acquisitions	-	-	-	-3.66B	-
Divestitures	-	-	-	146M	-
Purchase / Sale of Intangible Assets	-	-	-	-	-
Contributions to Nuclear Decommissioning Trust	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	14M	9M	-	-	-
Other Investing Activities, Total	-11M	-18M	9.93B	15M	7M
Cash from Investing	-3.08B	-3.26B	7.96B	-5.65B	-2.38B
Short Term Debt Issued, Total	-	200M	-	916M	7M
Long-Term Debt Issued, Total	1.46B	2.64B	669M	850M	3.25B
Total Debt Issued	1.46B	2.84B	669M	1.77B	3.26B
Short Term Debt Repaid, Total	-278M	-	-799M	-	-
Long-Term Debt Repaid, Total	-300M	-1.17B	-4.91B	-264M	-1.85B
Total Debt Repaid	-578M	-1.17B	-5.7B	-264M	-1.85B
Issuance of Common Stock	1.17B	34M	9M	-	-
Repurchase of Common Stock	-	-	-1B	-	-
Common Dividends Paid	-1.19B	-1.28B	-1.28B	-787M	-704M
Common & Preferred Stock Dividends Paid	-1.19B	-1.28B	-1.28B	-787M	-704M
Other Financing Activities, Total	-26M	-41M	-81M	-6M	-51M
Cash from Financing	836M	386M	-7.39B	709M	650M
Foreign Exchange Rate Adjustments	10M	17M	8M	-	-
Miscellaneous Cash Flow Adjustments	-	-	284M	-	-
Net Change in Cash	193M	-109M	3.13B	-3.22B	25M
Supplemental Items
Cash Interest Paid	905M	939M	191M	462M	604M
Cash Income Tax Paid (Refund)	93M	95M	284M	163M	281M
Net Debt Issued / Repaid	887M	1.67B	-5.04B	1.5B	1.4B
Levered Free Cash Flow	-606M	-520M	7.5B	-702M	-571M
Unlevered Free Cash Flow	15.62M	106M	8.08B	-382M	-154M
Change In Net Working Capital	193M	-34M	-7.97B	384M	258M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.44	4.12	2.28	2.5	2.92
Return on Total Capital	5.64	5.19	3.41	3.33	3.89
Return On Equity %	14.17	11.14	0.13	5.17	5.31
Return on Common Equity	14.16	11.14	0.13	5.16	5.31
Margin Analysis
Gross Profit Margin %	56.08	58.17	47.55	36.54	40.99
SG&A Margin	-4.07	-3.44	-0.36	-0.59	-0.48
EBITDA Margin %	57.16	58.52	45.01	33.59	37.73
EBITA Margin %	41.73	41.61	26.3	18.64	22.64
EBIT Margin %	40.69	40.66	25.63	17.98	21.67
Income From Continuing Operations Margin %	22.47	19.31	0.31	9.04	8.9
Net Income Margin %	22.47	19.31	-25.59	9.57	8.9
Net Avail. For Common Margin %	22.46	19.3	0.31	9.02	8.89
Normalized Net Income Margin	17.89	18.67	6.03	7.24	8.86
Levered Free Cash Flow Margin	-7.8	-6.83	129.73	-8.89	-6.86
Unlevered Free Cash Flow Margin	0.2	1.4	139.66	-4.83	-1.86
Asset Turnover
Asset Turnover	0.17	0.16	0.14	0.22	0.22
Fixed Assets Turnover	0.22	0.2	0.23	0.28	0.27
Receivables Turnover (Average Receivables)	6.61	6.14	6.45	6.76	5.88
Inventory Turnover (Average Inventory)	10.75	9.18	9.72	13.11	10.35
Short Term Liquidity
Current Ratio	0.56	0.46	2.16	0.75	0.88
Quick Ratio	0.43	0.35	1.95	0.52	0.59
Operating Cash Flow to Current Liabilities	0.5	0.46	0.98	0.46	0.53
Days Sales Outstanding (Average Receivables)	55.2	59.64	56.61	54	62.05
Days Outstanding Inventory (Average Inventory)	33.96	39.85	37.55	27.84	35.27
Average Days Payable Outstanding	103.16	109.48	85.12	66.8	84.69
Cash Conversion Cycle (Average Days)	-13.99	-9.99	9.04	15.03	12.63
Long Term Solvency