PPL Return On Tangible Equity 2010-2024 | PPL
- PPL average return on tangible equity for 2023 was 6.75, a 17.8% increase from 2022.
- PPL average return on tangible equity for 2022 was 5.73, a 154.68% increase from 2021.
- PPL average return on tangible equity for 2021 was -10.48, a 158.45% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.