PPLIPeople Incorporated
Is the business good?
The checks split: margins steady and returns not propped up by debt.
Margins have held roughly steady, a stable cost structure.
Margin-driven, fat margins on slower asset turns. ROE 0% = margin × turnover × leverage.
All from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is PPLI?
People Incorporated earns −2.8% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 12 points below what the capital costs: growth destroys value
- Operating margin
- −9.0%
Operating margin · Internet Content & Information median 4.9% · 12 months to Q2 2026
- Share count, year on year
- −7.6%
Share count, year on year · bought back, each share owns more of the company
- R&D as % of revenue
- 8.1%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | −19% |
| FY2021 | −3.7% |
| FY2022 | −9.1% |
| FY2023 | −8.1% |
| FY2024 | −1.1% |
| FY2025 | −4.1% |
Details›
- Gross margin12 months to Q2 2026
- 66%
- Operating margin12 months to Q2 2026
- −9.0%
- Net margin12 months to Q2 2026
- 16%
- Free cash flow margin
- 5.9%
- R&D as % of revenue
- 8.1%
- Revenue, trailing twelve months
- $2.10B
- Free cash flow, trailing twelve months
- $124M
- Net income, trailing twelve months
- $336M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −2.8%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Internet Content & Information
Ranks #22 of 31 by RyuScore