GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PPL Corp (NYSE:PPL) » Definitions » Tax Rate %

PPL (PPL) Tax Rate % : 11.02% (As of Dec. 2023)


View and export this data going back to 1948. Start your Free Trial

What is PPL Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PPL's Tax Expense for the three months ended in Dec. 2023 was $14 Mil. PPL's Pre-Tax Income for the three months ended in Dec. 2023 was $127 Mil. Therefore, PPL's Tax Rate % for the quarter that ended in Dec. 2023 was 11.02%.


PPL Tax Rate % Historical Data

The historical data trend for PPL's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PPL Tax Rate % Chart

PPL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.91 32.91 96.55 21.97 19.91

PPL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.73 21.70 22.76 20.14 11.02

PPL Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

PPL's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=184/924
=19.91 %

PPL's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=14/127
=11.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PPL Tax Rate % Related Terms

Thank you for viewing the detailed overview of PPL's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


PPL (PPL) Business Description

Traded in Other Exchanges
Address
Two North Ninth Street, Allentown, PA, USA, 18101-1179
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission, and distribution in Kentucky. The Kentucky utilities also serve gas customers. Narragansett operates electric and gas utilities in Rhode Island.
Executives
Tadd J Henninger officer: Vice President and Treasurer TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Crockett John R Iii officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
David J Bonenberger officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Linda G Sullivan director P.O.BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Francis X Sullivan officer: EVP and COO TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Bergstein Joseph P Jr officer: VP-IR and Treasurer TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Vincent Sorgi officer: Vice President and Controller TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Stephanie R Raymond officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Gregory N Dudkin officer: President of a PPL Subsidiary TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Angela K Gosman officer: SVP and CHRO TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Heather B Redman director TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Wendy E Stark officer: SVP, GC and Corp Sec TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Joanne H Raphael officer: SVP, GC & Corp Sec TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Art P Beattie director 600 NORTH 18TH STREET, BIRMINGHAM AL 35291
William H Spence officer: Executive VP and COO UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066

PPL (PPL) Headlines

From GuruFocus

Q1 2020 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

PPL Corp's Dividend Analysis

By GuruFocus Research 12-07-2023

Q1 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

PPL Corp Virtual Investor Day Transcript

By GuruFocus Research 01-23-2024

Q4 2020 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024