PPL (PPL) FY2022 results: revenue $7.9 billion, up 36.6% on the year
PPL Corp. (PPL) reported revenue of $7.9 billion for fiscal 2022, the year ended 31 December 2022, up 36.6% on the year before. Net income was $756 million, and diluted earnings per share $1.02. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$7.9 billion
+36.6% on the year
FY2015FY2022
Operating margin
17.4%
24.6% a year earlier
FY2015FY2022
Net income
$756 million
FY2015FY2022
Diluted EPS
$1.02
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,730
2,270
2,746
-23.8%
Capital expenditure
2,155
1,973
2,270
+9.2%
Free cash flow
-425
297
476
Free cash flow margin
-5.4%
5.1%
8.7%
Cash from investing
-5,654
7,957
-3,258
Cash from financing
709
-7,390
386
Depreciation
1,181
1,082
1,022
+9.1%
Share-based compensation
37.0
37.0
29.0
0.0%
Buybacks
0.0
1,003
0.0
Dividends paid
787
1,279
1,275
-38.5%
Dividend per share
$0.88
$1.66
$1.66
-47.3%
Diluted shares, weighted
737m
765m
769m
-3.7%
Shares outstanding at period end
736m
735m
769m
+0.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
13,915
13,723
13,373
+1.4%
Non-controlling interest
3.0
0.0
n/a
Short-term borrowings
n/a
69.0
1,168
Debt
14,228
11,140
14,689
+27.7%
Operating lease liabilities
42.0
47.0
n/a
-10.6%
Other liabilities
9,649
8,244
18,886
+17.0%
Total liabilities and equity
37,837
33,223
48,116
+13.9%
Fixed assets
30,238
25,470
24,500
+18.7%
Goodwill
2,248
716
716
+214.0%
Intangible assets
313
343
351
-8.7%
Cash and equivalents
356
3,571
442
-90.0%
Receivables
896
583
603
+53.7%
Inventory
443
322
302
+37.6%
Other assets
3,343
2,218
21,202
+50.7%
Total assets
37,837
33,223
48,116
+13.9%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.