Duke Energy (DUK) Financials

$122.11 +0.41 (+0.34%)

As of 03:59 PM Eastern

Annual Income Statements for Duke Energy

This table shows Duke Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	2,816	2,152	3,059	2,666	3,707	1,270	3,802	2,444	2,735	4,402
Consolidated Net Income / (Loss)	2,831	2,170	3,064	2,644	3,571	1,082	3,579	2,455	2,874	4,614
Net Income / (Loss) Continuing Operations	2,654	2,578	3,070	2,625	3,578	1,089	3,723	3,778	4,329	4,604
Total Pre-Tax Income	3,910	3,734	4,266	3,073	4,097	920	3,991	4,078	4,767	5,194
Total Operating Income	5,078	5,202	5,625	4,685	5,709	4,571	5,500	6,012	7,070	7,926
Total Gross Profit	9,289	9,629	10,639	9,947	11,560	11,353	11,958	12,976	13,756	15,197
Total Revenue	22,371	22,743	23,565	24,521	25,079	23,366	24,621	28,768	29,060	30,357
Operating Revenue	22,371	22,743	23,565	24,521	25,079	23,366	24,621	28,768	29,060	30,357
Total Cost of Revenue	13,082	13,114	12,926	14,574	13,519	12,013	12,663	15,792	15,304	15,160
Operating Cost of Revenue	13,082	13,114	12,926	13,294	13,519	12,013	12,663	15,792	15,304	15,160
Total Operating Expenses	4,258	4,427	5,014	5,262	5,851	6,782	6,458	6,964	6,686	7,271
Depreciation Expense	3,053	3,294	3,527	4,074	4,548	4,504	4,762	5,086	5,253	5,793
Other Operating Expenses / (Income)	1,129	1,142	1,233	697	1,307	1,311	1,355	1,466	1,400	1,466
Impairment Charge	106	18	282	402	-8.00	978	353	434	85	38
Other Special Charges / (Income)	-30	-27	-28	89	4.00	-11	-12	-22	-52	-26
Total Other Income / (Expense), net	-1,168	-1,468	-1,359	-1,612	-1,612	-3,651	-1,509	-1,934	-2,303	-2,732
Interest Expense	1,527	1,916	1,986	2,094	2,204	2,097	2,207	2,439	3,014	3,384
Interest & Investment Income	69	-15	119	83	162	-2,005	62	113	113	-9.00
Other Income / (Expense), net	290	463	508	399	430	451	636	392	598	661
Income Tax Expense	1,256	1,156	1,196	448	519	-169	268	300	438	590
Net Income / (Loss) Discontinued Operations	177	-408	-6.00	19	-7.00	-7.00	-144	-1,323	-1,455	10
Preferred Stock Dividends Declared	-	-	0.00	0.00	41	107	106	106	106	106
Net Income / (Loss) Attributable to Noncontrolling Interest	15	18	5.00	-22	-177	-295	-329	-95	33	90
Basic Earnings per Share	$4.05	$3.11	$4.36	$3.76	-	-	$4.94	$4.74	$5.35	$5.70
Weighted Average Basic Shares Outstanding	694M	691M	700M	708M	729M	737M	769M	770M	771M	772M
Diluted Earnings per Share	$4.05	$3.11	$4.36	$3.76	-	-	$4.94	($1.57)	($1.81)	$0.01
Weighted Average Diluted Shares Outstanding	694M	691M	700M	708M	729M	737M	769M	770M	771M	772M
Basic & Diluted Earnings per Share	-	-	$4.36	$3.76	-	-	-	$3.17	$3.54	$5.71
Weighted Average Basic & Diluted Shares Outstanding	695.30M	692M	700M	708M	729M	737M	769M	770M	860.47M	866.12M
Cash Dividends to Common per Share	$3.24	$3.36	$3.49	$3.64	$3.75	$3.82	$3.90	$3.98	$4.06	$4.14

This table shows Duke Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	1,383	-650	765	-234	1,213	991	1,099	886	1,226	1,191
Consolidated Net Income / (Loss)	1,413	-658	761	-204	1,321	996	1,151	921	1,315	1,227
Net Income / (Loss) Continuing Operations	1,410	635	970	751	1,473	1,135	1,154	931	1,290	1,229
Total Pre-Tax Income	1,568	638	1,125	870	1,515	1,257	1,332	1,071	1,453	1,338
Total Operating Income	2,056	1,194	1,674	1,430	2,111	1,855	1,963	1,707	2,144	2,112
Total Gross Profit	3,713	3,062	3,291	2,732	3,938	3,795	3,725	3,153	3,648	4,671
Total Revenue	7,842	7,351	7,276	6,578	7,994	7,212	7,671	7,172	8,154	7,360
Operating Revenue	7,842	7,351	7,276	6,578	7,994	7,212	7,671	7,172	8,154	7,360
Total Cost of Revenue	4,129	4,289	3,985	3,846	4,056	3,417	3,946	4,019	4,506	2,689
Operating Cost of Revenue	4,129	4,289	3,985	3,493	4,056	3,770	3,946	3,626	4,123	3,465
Total Operating Expenses	1,657	1,868	1,617	1,302	1,827	1,940	1,762	1,446	1,504	2,559
Depreciation Expense	1,299	1,293	1,227	1,333	1,353	1,340	1,387	1,409	1,516	1,481
Impairment Charge	-4.00	232	8.00	0.00	88	-11	1.00	43	-5.00	-1.00
Other Special Charges / (Income)	-6.00	-5.00	-7.00	-31	-8.00	-6.00	-12	-6.00	-7.00	-1.00
Total Other Income / (Expense), net	-488	-556	-549	-560	-596	-598	-631	-636	-691	-774
Interest Expense	603	679	720	727	774	793	817	824	872	871
Interest & Investment Income	28	21	20	20	45	28	17	21	15	-62
Other Income / (Expense), net	87	102	151	147	133	167	169	167	166	159
Income Tax Expense	158	3.00	155	119	42	122	178	140	163	109
Net Income / (Loss) Discontinued Operations	3.00	-1,293	-209	-955	-152	-139	-3.00	-10	25	-2.00
Preferred Stock Dividends Declared	39	14	39	14	39	14	39	14	55	-2.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-9.00	-22	-43	16	69	-9.00	13	21	34	22
Basic Earnings per Share	$1.81	$0.76	$1.01	($0.32)	$1.59	$3.07	$1.44	$1.13	$1.60	$1.53
Weighted Average Basic Shares Outstanding	770M	770M	770M	771M	771M	771M	771M	772M	772M	772M
Diluted Earnings per Share	$1.81	($4.54)	$1.01	($0.32)	$1.59	($4.09)	$1.44	$1.13	$1.60	($4.16)
Weighted Average Diluted Shares Outstanding	770M	770M	770M	771M	771M	771M	771M	772M	773M	772M
Weighted Average Basic & Diluted Shares Outstanding	770.06M	770M	770.65M	860.37M	860.38M	860.47M	861.43M	861.86M	862.15M	866.12M

This table details how cash moves in and out of Duke Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-95	42	0.00	86	-18	-17	-36	83	-246	64
Net Cash From Operating Activities	6,685	6,845	6,624	7,186	8,209	8,856	8,290	5,927	9,878	12,328
Net Cash From Continuing Operating Activities	6,685	6,845	6,619	7,186	8,209	8,856	8,303	5,949	9,945	12,416
Net Income / (Loss) Continuing Operations	2,816	2,152	3,059	2,644	3,571	1,082	3,579	2,455	2,874	4,614
Consolidated Net Income / (Loss)	2,816	2,152	3,059	2,644	3,571	1,082	3,579	2,455	2,874	4,614
Depreciation Expense	3,613	3,880	4,046	4,696	5,176	5,486	5,663	5,843	6,084	6,419
Non-Cash Adjustments To Reconcile Net Income	-403	-83	-670	-27	-422	2,829	-262	1,157	737	205
Changes in Operating Assets and Liabilities, net	659	896	184	-127	-116	-541	-677	-3,506	250	1,178
Net Cash From Investing Activities	-5,277	-11,528	-8,442	-10,060	-11,957	-10,604	-10,935	-11,973	-12,475	-13,123
Net Cash From Continuing Investing Activities	-5,277	-11,528	-8,442	-10,060	-11,957	-10,604	-10,935	-11,973	-12,475	-13,123
Purchase of Property, Plant & Equipment	-6,766	-7,901	-8,052	-9,389	-11,122	-9,907	-9,715	-11,367	-12,604	-12,280
Purchase of Investments	-4,037	-5,153	-4,071	-3,762	-3,672	-8,381	-6,179	-4,301	-3,795	-5,711
Sale of Property, Plant & Equipment	2,968	1,418	-	-	-	-	0.00	83	149	49
Divestitures	0.00	0.00	-	-	-	-	0.00	0.00	734	0.00
Sale and/or Maturity of Investments	4,043	5,237	4,379	3,884	3,354	7,949	6,103	4,339	3,824	5,803
Other Investing Activities, net	112	-44	-284	-377	-517	-265	-1,144	-727	-783	-984
Net Cash From Financing Activities	-2,602	4,251	1,782	2,960	3,730	1,731	2,609	6,129	2,351	859
Net Cash From Continuing Financing Activities	-2,602	4,251	1,209	2,960	3,730	1,731	2,609	6,129	2,351	859
Repayment of Debt	-3,996	-4,105	-2,997	-3,200	-4,253	-7,967	-5,147	-4,733	-5,205	-4,841
Repurchase of Preferred Equity	-	-	-	-	-	-	-	0.00	0.00	-1,000
Payment of Dividends	-2,254	-2,332	-3,023	-2,471	-2,668	-2,812	-3,114	-3,179	-3,244	-3,213
Issuance of Debt	5,131	9,957	7,229	6,752	7,488	9,339	9,384	12,655	10,638	9,513
Issuance of Common Equity	17	731	0.00	1,879	1,227	3,171	1,580	1,386	286	452
Other Financing Activities, net	0.00	0.00	0.00	-	-26	0.00	-94	-	-124	-52
Cash Interest Paid	1,607	1,794	1,963	2,086	2,195	2,186	2,248	2,361	2,883	3,284
Cash Income Taxes Paid	170	229	4.00	-266	-651	-585	-3.00	-6.00	1.00	-400

This table details how cash moves in and out of Duke Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-10	-26	21	-57	7.00	-217	161	-35	-36	-26
Net Cash From Operating Activities	1,153	739	1,483	2,302	3,524	2,569	2,474	2,953	3,524	3,377
Net Cash From Continuing Operating Activities	1,153	761	1,490	2,325	3,544	2,586	2,484	2,917	3,636	3,379
Net Income / (Loss) Continuing Operations	1,413	-658	761	-204	1,321	996	1,151	921	1,315	1,227
Consolidated Net Income / (Loss)	1,413	-658	761	-204	1,321	996	1,151	921	1,315	1,227
Depreciation Expense	1,491	1,429	1,344	1,572	1,622	1,546	1,534	1,566	1,692	1,627
Non-Cash Adjustments To Reconcile Net Income	-141	1,515	102	836	-62	-139	-53	-101	-126	485
Changes in Operating Assets and Liabilities, net	-1,610	-1,525	-717	121	663	183	-148	531	755	40
Net Cash From Investing Activities	-3,138	-3,343	-3,209	-3,299	-3,243	-2,724	-3,342	-3,233	-3,276	-3,272
Net Cash From Continuing Investing Activities	-3,138	-3,343	-3,209	-3,299	-3,243	-2,724	-3,342	-3,233	-3,276	-3,272
Purchase of Property, Plant & Equipment	-3,031	-3,219	-3,146	-3,119	-3,045	-3,294	-3,208	-2,996	-2,987	-3,089
Purchase of Investments	-1,440	-645	-872	-744	-1,225	-954	-953	-1,330	-1,105	-2,323
Sale of Property, Plant & Equipment	-	83	76	35	19	19	0.00	1.00	-	48
Sale and/or Maturity of Investments	1,466	648	882	746	1,220	976	985	1,334	1,131	2,353
Other Investing Activities, net	-133	-210	-149	-217	-212	-205	-166	-242	-315	-261
Net Cash From Financing Activities	1,975	2,578	1,747	940	-274	-62	1,029	245	-284	-131
Net Cash From Continuing Financing Activities	1,975	2,578	1,747	940	-274	-62	1,029	245	-284	-131
Repayment of Debt	-995	-1,119	-1,647	-1,367	-1,597	-594	-1,877	-2,092	69	-941
Payment of Dividends	-815	-790	-815	-791	-832	-806	-806	-784	-821	-802
Issuance of Debt	3,802	3,109	4,087	3,067	2,125	1,359	3,775	3,099	1,438	1,201
Issuance of Common Equity	6.00	1,254	206	42	30	8.00	4.00	63	6.00	379
Other Financing Activities, net	-23	-	-84	-11	-	-29	-67	-41	24	32

This table presents Duke Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,658	1,137	41,895	145,392	158,838	162,388	6,927	178,086	176,893	186,343
Total Current Assets	746	0.00	0.00	9,714	9,163	8,682	232	13,222	12,769	12,950
Cash & Equivalents	-	-	-	442	311	259	-	409	253	314
Accounts Receivable	-	-	-	3,134	3,060	3,153	-	4,415	4,131	4,121
Inventories, net	-	-	-	3,084	3,232	3,167	-	3,584	4,292	4,509
Prepaid Expenses	-	-	-	1,049	764	462	-	973	431	695
Other Current Assets	-	-	-	2,005	1,796	1,641	-	3,485	3,648	2,756
Other Current Nonoperating Assets	746	-	-	-	-	-	232	356	14	4.00
Plant, Property, & Equipment, net	0.00	0.00	0.00	91,694	102,127	106,782	0.00	111,748	115,315	123,303
Plant, Property & Equipment, gross	-	-	-	134,820	147,900	155,609	-	163,839	171,353	180,806
Accumulated Depreciation	-	-	-	43,126	45,773	48,827	-	52,100	56,038	57,503
Total Noncurrent Assets	2,912	1,137	41,895	43,984	47,548	46,924	6,695	53,116	48,809	50,090
Long-Term Investments	499	1,137	-	1,409	1,936	961	-	455	492	353
Goodwill	-	-	19,396	19,303	19,303	19,303	-	19,303	19,303	19,303
Other Noncurrent Operating Assets	-	-	22,499	23,272	26,309	26,660	-	27,724	28,817	30,345
Other Noncurrent Nonoperating Assets	2,413	-	-	-	-	-	6,695	5,634	197	89
Total Liabilities & Shareholders' Equity	54,998	52,342	40,953	145,392	158,838	162,388	50,294	178,086	176,893	186,343
Total Liabilities	4,812	2,817	2,163	101,558	110,887	113,204	4,083	126,233	126,706	135,087
Total Current Liabilities	3,912	2,817	2,163	15,041	14,752	16,305	3,471	18,873	17,283	19,357
Short-Term Debt	3,633	2,817	2,163	6,816	6,276	7,111	3,304	7,830	7,088	7,933
Accounts Payable	-	-	-	3,487	3,487	3,144	-	4,754	4,228	5,479
Current Deferred & Payable Income Tax Liabilities	-	-	-	577	392	482	-	722	816	851
Other Current Liabilities	-	-	-	3,602	4,032	5,031	-	4,406	4,284	4,159
Other Current Nonoperating Liabilities	279	-	-	559	565	537	167	1,161	867	935
Total Noncurrent Liabilities	900	0.00	0.00	86,517	96,135	96,899	612	107,360	109,423	115,730
Long-Term Debt	-	-	-	51,123	54,985	55,625	-	65,873	72,452	76,340
Asset Retirement Reserve & Litigation Obligation	-	-	-	24,382	27,701	27,315	-	25,537	22,599	24,036
Noncurrent Deferred Revenue	-	-	-	1,650	1,581	1,719	-	1,502	1,393	1,556
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	8,374	9,502	9,931	-	10,813	11,420	12,318
Noncurrent Employee Benefit Liabilities	-	-	-	988	934	969	-	832	485	434
Other Noncurrent Operating Liabilities	-	-	-	-	1,432	-	-	876	917	957
Other Noncurrent Nonoperating Liabilities	900	-	-	-	-	-	612	1,927	157	89
Commitments & Contingencies	-	-	-	0.00	0.00	0.00	-	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	50,186	49,525	38,790	43,834	47,951	49,184	46,211	51,853	50,187	51,256
Total Preferred & Common Equity	50,164	49,530	38,792	43,817	46,822	47,964	44,371	49,322	49,112	50,127
Preferred Stock	-	-	-	0.00	1,962	1,962	-	1,962	1,962	973
Total Common Equity	50,164	49,530	38,792	43,817	44,860	46,002	44,371	47,360	47,150	49,154
Common Stock	50,164	49,530	38,792	40,796	40,882	43,768	44,371	44,863	44,921	45,495
Retained Earnings	-	-	-	3,113	4,108	2,471	-	2,637	2,235	3,431
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-92	-130	-237	-	-140	-6.00	228
Noncontrolling Interest	22	-5.00	-2.00	17	1,129	1,220	1,840	2,531	1,075	1,129

This table presents Duke Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	176,340	178,086	52,467	180,076	181,160	176,893	178,670	181,575	183,566	186,343
Total Current Assets	12,972	13,222	374	13,088	13,048	12,769	12,091	12,557	12,142	12,950
Cash & Equivalents	453	409	-	174	324	253	459	390	376	314
Accounts Receivable	4,212	4,415	-	4,031	4,075	4,131	3,899	4,136	4,132	4,121
Inventories, net	3,487	3,584	-	4,100	4,118	4,292	4,281	4,390	4,338	4,509
Prepaid Expenses	1,244	973	-	633	602	431	359	436	447	695
Other Current Assets	3,576	3,485	-	3,760	3,489	3,648	3,082	2,663	2,300	2,756
Other Current Nonoperating Assets	-	356	374	390	440	14	11	4.00	4.00	4.00
Plant, Property, & Equipment, net	115,907	111,748	0.00	114,480	115,947	115,315	116,891	120,100	121,396	123,303
Plant, Property & Equipment, gross	169,148	163,839	-	168,506	170,941	171,353	173,926	177,974	179,542	180,806
Accumulated Depreciation	53,241	52,100	-	54,030	54,994	56,038	57,035	57,874	58,146	57,503
Total Noncurrent Assets	47,461	53,116	52,093	52,508	52,165	48,809	49,688	48,918	50,028	50,090
Long-Term Investments	951	455	-	479	505	492	502	483	477	353
Goodwill	19,303	19,303	19,303	19,303	19,303	19,303	19,303	19,303	19,303	19,303
Other Noncurrent Operating Assets	27,207	27,724	27,252	28,165	27,761	28,817	29,575	29,054	30,167	30,345
Other Noncurrent Nonoperating Assets	-	5,634	5,538	4,561	4,596	197	308	78	81	89
Total Liabilities & Shareholders' Equity	176,340	178,086	53,666	180,076	181,160	176,893	178,670	181,575	183,566	186,343
Total Liabilities	124,171	126,233	6,138	129,005	129,334	126,706	128,032	130,769	133,317	135,087
Total Current Liabilities	16,912	18,873	4,207	17,375	17,160	17,283	15,546	15,482	17,427	19,357
Short-Term Debt	6,855	7,830	3,731	8,064	7,188	7,088	6,429	6,010	7,544	7,933
Accounts Payable	4,175	4,754	-	3,225	3,539	4,228	3,364	3,777	3,953	5,479
Current Deferred & Payable Income Tax Liabilities	946	722	-	708	991	816	708	748	1,016	851
Other Current Liabilities	4,340	4,406	-	4,089	4,103	4,284	3,996	4,076	4,028	4,159
Other Current Nonoperating Liabilities	596	1,161	476	1,289	1,339	867	1,049	871	886	935
Total Noncurrent Liabilities	107,259	107,360	1,931	111,630	112,174	109,423	112,486	115,287	115,890	115,730
Long-Term Debt	66,060	65,873	-	69,914	71,353	72,452	74,979	76,439	76,524	76,340
Asset Retirement Reserve & Litigation Obligation	26,169	25,537	-	25,935	25,009	22,599	23,058	24,275	24,437	24,036
Noncurrent Deferred Revenue	1,936	1,502	-	1,353	1,325	1,393	1,352	1,466	1,731	1,556
Noncurrent Deferred & Payable Income Tax Liabilities	11,095	10,813	-	11,059	11,294	11,420	11,583	11,633	11,725	12,318
Noncurrent Employee Benefit Liabilities	995	832	-	808	662	485	473	437	432	434
Other Noncurrent Operating Liabilities	1,004	876	-	841	897	917	915	925	956	957
Other Noncurrent Nonoperating Liabilities	-	1,927	1,931	1,720	1,634	157	126	112	85	89
Commitments & Contingencies	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	52,169	51,853	47,528	51,071	51,826	50,187	50,638	50,806	50,249	51,256
Total Preferred & Common Equity	50,345	49,322	44,837	48,333	49,006	49,112	49,551	49,707	49,133	50,127
Preferred Stock	1,962	1,962	-	1,962	1,962	1,962	1,962	1,962	973	973
Total Common Equity	48,383	47,360	44,837	46,371	47,044	47,150	47,589	47,745	48,160	49,154
Common Stock	44,398	44,863	44,837	44,867	44,887	44,921	44,938	45,008	45,061	45,495
Retained Earnings	4,063	2,637	-	1,615	2,036	2,235	2,542	2,635	3,052	3,431
Accumulated Other Comprehensive Income / (Loss)	-78	-140	-	-111	121	-6.00	109	102	47	228
Noncontrolling Interest	1,824	2,531	2,691	2,738	2,820	1,075	1,087	1,099	1,116	1,129

This table displays calculated financial ratios and metrics derived from Duke Energy's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.61%	1.66%	3.61%	4.06%	2.28%	-6.83%	5.37%	16.84%	1.02%	4.46%
EBITDA Growth	3.60%	6.28%	6.64%	-3.92%	15.70%	-7.13%	12.29%	3.80%	12.29%	9.12%
EBIT Growth	3.99%	5.53%	8.26%	-17.10%	20.75%	-18.20%	22.18%	4.37%	19.74%	11.98%
NOPAT Growth	5.54%	4.20%	12.71%	-1.14%	24.58%	8.52%	-5.18%	8.56%	15.27%	9.43%
Net Income Growth	49.87%	-23.35%	41.20%	-13.71%	35.06%	-69.70%	230.78%	-31.41%	17.07%	60.54%
EPS Growth	52.26%	-23.21%	40.19%	-13.76%	0.00%	0.00%	0.00%	-131.78%	-15.29%	100.55%
Operating Cash Flow Growth	1.50%	2.39%	-3.23%	8.48%	14.24%	7.88%	-6.39%	-28.50%	66.66%	24.80%
Free Cash Flow Firm Growth	-96.77%	4.20%	-1,153.79%	-44.22%	96.22%	117.63%	32,266.36%	-198.74%	98.64%	199.63%
Invested Capital Growth	0.00%	0.00%	0.00%	139.84%	7.02%	4.69%	-100.00%	0.00%	6.57%	4.20%
Revenue Q/Q Growth	0.41%	6.28%	32.51%	-17.62%	-0.05%	-3.42%	2.02%	5.85%	-0.48%	0.49%
EBITDA Q/Q Growth	2.78%	3.25%	27.94%	-9.09%	3.51%	-15.40%	37.44%	-0.70%	6.53%	2.25%
EBIT Q/Q Growth	3.39%	3.66%	55.94%	-18.72%	4.92%	-28.21%	105.15%	-0.64%	10.46%	2.99%
NOPAT Q/Q Growth	4.66%	-30.14%	47.03%	-26.83%	2.48%	-22.65%	71.54%	0.97%	8.52%	3.86%
Net Income Q/Q Growth	15.60%	-24.50%	289.82%	-37.73%	4.48%	-67.67%	184.73%	-35.00%	135.57%	5.27%
EPS Q/Q Growth	16.05%	-25.06%	44.37%	-8.29%	0.00%	0.00%	0.00%	-140.15%	-172.98%	-99.82%
Operating Cash Flow Q/Q Growth	-1.91%	-0.80%	6.63%	-1.74%	14.71%	-5.16%	-11.02%	-5.18%	22.74%	7.01%
Free Cash Flow Firm Q/Q Growth	-96.81%	-30.14%	4.52%	-1,109.18%	96.58%	-90.42%	8,240.23%	-3,164.02%	-158.32%	263.28%
Invested Capital Q/Q Growth	0.00%	0.00%	-1.17%	136.69%	-0.03%	1.64%	-100.00%	-2.00%	1.82%	1.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.52%	42.34%	45.15%	40.57%	46.09%	48.59%	48.57%	45.11%	47.34%	50.06%
EBITDA Margin	40.15%	41.97%	43.20%	39.88%	45.12%	44.97%	47.92%	42.57%	47.32%	49.43%
Operating Margin	22.70%	22.87%	23.87%	19.11%	22.76%	19.56%	22.34%	20.90%	24.33%	26.11%
EBIT Margin	24.00%	24.91%	26.03%	20.73%	24.48%	21.49%	24.92%	22.26%	26.39%	28.29%
Profit (Net Income) Margin	12.65%	9.54%	13.00%	10.78%	14.24%	4.63%	14.54%	8.53%	9.89%	15.20%
Tax Burden Percent	72.40%	58.11%	71.82%	86.04%	87.16%	117.61%	89.68%	60.20%	60.29%	88.83%
Interest Burden Percent	72.84%	65.91%	69.56%	60.44%	66.74%	18.32%	65.04%	63.68%	62.17%	60.49%
Effective Tax Rate	32.12%	30.96%	28.04%	14.58%	12.67%	-18.37%	6.72%	7.36%	9.19%	11.36%
Return on Invested Capital (ROIC)	0.00%	0.00%	19.32%	5.62%	4.79%	4.92%	9.12%	9.15%	5.10%	5.30%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	23.56%	1.08%	2.36%	-2.12%	-8.95%	-17.11%	0.36%	2.35%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-12.39%	0.78%	2.99%	-2.69%	-1.61%	-4.14%	0.53%	3.80%
Return on Equity (ROE)	0.00%	0.00%	6.94%	6.40%	7.78%	2.23%	7.50%	5.01%	5.63%	9.10%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	-180.68%	-76.68%	-1.98%	0.33%	209.12%	-190.85%	-1.26%	1.19%
Operating Return on Assets (OROA)	107.98%	236.29%	28.50%	5.43%	4.04%	3.13%	7.25%	6.92%	4.32%	4.73%
Return on Assets (ROA)	56.94%	90.51%	14.24%	2.82%	2.35%	0.67%	4.23%	2.65%	1.62%	2.54%
Return on Common Equity (ROCE)	0.00%	0.00%	6.94%	6.40%	7.52%	2.08%	7.11%	4.68%	5.22%	8.64%
Return on Equity Simple (ROE_SIMPLE)	5.64%	4.38%	7.90%	6.03%	7.63%	2.26%	8.07%	4.98%	5.85%	9.20%
Net Operating Profit after Tax (NOPAT)	3,447	3,592	4,048	4,002	4,986	5,411	5,131	5,570	6,420	7,026
NOPAT Margin	15.41%	15.79%	17.18%	16.32%	19.88%	23.16%	20.84%	19.36%	22.09%	23.14%
Net Nonoperating Expense Percent (NNEP)	-1.19%	-2.85%	-4.24%	4.55%	2.43%	7.04%	18.06%	26.26%	4.74%	2.95%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	4.44%	4.95%	5.18%
Cost of Revenue to Revenue	58.48%	57.66%	54.85%	59.43%	53.91%	51.41%	51.43%	54.89%	52.66%	49.94%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.03%	19.47%	21.28%	21.46%	23.33%	29.03%	26.23%	24.21%	23.01%	23.95%
Earnings before Interest and Taxes (EBIT)	5,368	5,665	6,133	5,084	6,139	5,022	6,136	6,404	7,668	8,587
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8,981	9,545	10,179	9,780	11,315	10,508	11,799	12,247	13,752	15,006
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.68	0.78	1.14	1.11	1.22	1.26	1.63	1.53	1.69	1.87
Price to Tangible Book Value (P/TBV)	0.68	0.78	2.29	1.98	2.14	2.17	1.63	2.58	2.85	3.08
Price to Revenue (P/Rev)	1.52	1.70	1.88	1.98	2.18	2.48	2.93	2.51	2.74	3.03
Price to Earnings (P/E)	12.10	17.98	14.52	18.22	14.78	45.62	18.98	29.59	29.06	20.91
Dividend Yield	6.54%	5.98%	5.50%	5.33%	4.98%	4.85%	4.16%	4.24%	4.40%	3.88%
Earnings Yield	8.26%	5.56%	6.89%	5.49%	6.77%	2.19%	5.27%	3.38%	3.44%	4.78%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.11	1.04	1.09	1.10	0.00	1.23	1.24	1.31
Enterprise Value to Revenue (EV/Rev)	1.66	1.77	1.98	4.27	4.66	5.31	3.14	5.20	5.55	5.86
Enterprise Value to EBITDA (EV/EBITDA)	4.15	4.23	4.57	10.70	10.33	11.80	6.55	12.22	11.73	11.84
Enterprise Value to EBIT (EV/EBIT)	6.94	7.13	7.59	20.59	19.04	24.69	12.60	23.37	21.04	20.70
Enterprise Value to NOPAT (EV/NOPAT)	10.80	11.24	11.50	26.16	23.44	22.91	15.06	26.87	25.12	25.30
Enterprise Value to Operating Cash Flow (EV/OCF)	5.57	5.90	7.03	14.57	14.24	14.00	9.32	25.25	16.33	14.42
Enterprise Value to Free Cash Flow (EV/FCFF)	10.80	11.24	0.00	0.00	0.00	340.91	0.66	0.00	0.00	112.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.07	0.06	0.06	1.32	1.28	1.30	0.07	1.42	1.58	1.64
Long-Term Debt to Equity	0.00	0.00	0.00	1.17	1.15	1.16	0.00	1.27	1.44	1.49
Financial Leverage	-1.00	-1.00	-0.53	0.72	1.27	1.27	0.18	0.24	1.47	1.61
Leverage Ratio	0.10	0.05	0.49	2.27	3.31	3.31	1.77	1.89	3.48	3.58
Compound Leverage Factor	0.07	0.03	0.34	1.37	2.21	0.61	1.15	1.20	2.16	2.17
Debt to Total Capital	6.75%	5.38%	5.28%	56.93%	56.09%	56.57%	6.67%	58.70%	61.31%	62.18%
Short-Term Debt to Total Capital	6.75%	5.38%	5.28%	6.70%	5.75%	6.28%	6.67%	6.24%	5.46%	5.85%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	50.23%	50.35%	50.30%	0.00%	52.47%	55.85%	56.33%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	1.80%	1.73%	0.00%	1.56%	1.51%	0.72%
Noncontrolling Interests to Total Capital	0.04%	-0.01%	0.00%	0.02%	1.03%	1.08%	3.72%	2.02%	0.83%	0.83%
Common Equity to Total Capital	93.21%	94.63%	94.72%	43.05%	41.08%	40.62%	89.61%	37.72%	36.35%	36.27%
Debt to EBITDA	0.40	0.30	0.21	5.92	5.41	6.10	0.28	6.02	5.78	5.62
Net Debt to EBITDA	0.35	0.18	0.21	5.74	5.22	5.98	0.28	5.95	5.73	5.57
Long-Term Debt to EBITDA	0.00	0.00	0.00	5.23	4.86	5.42	0.00	5.38	5.27	5.09
Debt to NOPAT	1.05	0.78	0.53	14.48	12.29	11.84	0.64	13.23	12.39	12.00
Net Debt to NOPAT	0.91	0.47	0.53	14.02	11.84	11.62	0.64	13.08	12.27	11.90
Long-Term Debt to NOPAT	0.00	0.00	0.00	12.77	11.03	10.53	0.00	11.83	11.28	10.87
Altman Z-Score	14.17	41.71	13.30	0.56	0.58	0.52	16.52	0.61	0.67	0.71
Noncontrolling Interest Sharing Ratio	0.01%	0.02%	-0.01%	0.02%	3.39%	6.46%	5.26%	6.46%	7.38%	5.07%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.19	0.00	0.00	0.65	0.62	0.53	0.07	0.70	0.74	0.67
Quick Ratio	0.00	0.00	0.00	0.24	0.23	0.21	0.00	0.26	0.25	0.23
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,447	3,592	-37,847	-54,584	-2,063	364	117,708	-116,220	-1,585	1,579
Operating Cash Flow to CapEx	176.01%	105.58%	82.27%	76.54%	73.81%	89.39%	85.33%	52.53%	79.31%	100.79%
Free Cash Flow to Firm to Interest Expense	2.26	1.87	-19.06	-26.07	-0.94	0.17	53.33	-47.65	-0.53	0.47
Operating Cash Flow to Interest Expense	4.38	3.57	3.34	3.43	3.72	4.22	3.76	2.43	3.28	3.64
Operating Cash Flow Less CapEx to Interest Expense	1.89	0.19	-0.72	-1.05	-1.32	-0.50	-0.65	-2.20	-0.86	0.03
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	4.50	9.49	1.10	0.26	0.16	0.15	0.29	0.31	0.16	0.17
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	8.10	7.52	0.00	0.00	6.80	7.36
Inventory Turnover	0.00	0.00	0.00	0.00	4.28	3.75	0.00	0.00	3.89	3.45
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.26	0.22	0.00	0.00	0.26	0.25
Accounts Payable Turnover	0.00	0.00	0.00	0.00	3.88	3.62	0.00	0.00	3.41	3.12
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	45.07	48.53	0.00	0.00	53.67	49.61
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	85.26	97.21	0.00	0.00	93.92	105.95
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	94.15	100.74	0.00	0.00	107.11	116.86
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	36.19	45.00	0.00	0.00	40.48	38.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	0.00	41,895	100,481	107,530	112,577	0.00	121,790	129,795	135,242
Invested Capital Turnover	0.00	0.00	1.13	0.34	0.24	0.21	0.44	0.47	0.23	0.23
Increase / (Decrease) in Invested Capital	0.00	0.00	41,895	58,586	7,049	5,047	-112,577	121,790	8,005	5,447
Enterprise Value (EV)	37,232	40,364	46,563	104,678	116,888	123,981	77,291	149,645	161,312	177,744
Market Capitalization	34,076	38,689	44,402	48,573	54,783	57,943	72,147	72,313	79,480	92,036
Book Value per Share	$72.88	$71.89	$55.42	$61.47	$61.53	$62.51	$57.67	$61.50	$54.80	$57.01
Tangible Book Value per Share	$72.88	$71.89	$27.71	$34.39	$35.06	$36.28	$57.67	$36.43	$32.37	$34.62
Total Capital	53,819	52,342	40,953	101,773	109,212	113,260	49,515	125,556	129,727	135,529
Total Debt	3,633	2,817	2,163	57,939	61,261	64,076	3,304	73,703	79,540	84,273
Total Long-Term Debt	0.00	0.00	0.00	51,123	54,985	56,965	0.00	65,873	72,452	76,340
Net Debt	3,134	1,680	2,163	56,088	59,014	62,856	3,304	72,839	78,795	83,606
Capital Expenditures (CapEx)	3,798	6,483	8,052	9,389	11,122	9,907	9,715	11,284	12,455	12,231
Debt-free, Cash-free Net Working Capital (DFCFNWC)	467	0.00	0.00	1,047	376	-771	65	1,770	2,321	1,212
Debt-free Net Working Capital (DFNWC)	467	0.00	0.00	1,489	687	-512	65	2,179	2,574	1,526
Net Working Capital (NWC)	-3,166	-2,817	-2,163	-5,327	-5,589	-7,623	-3,239	-5,651	-4,514	-6,407
Net Nonoperating Expense (NNE)	616	1,422	984	1,358	1,415	4,329	1,552	3,115	3,546	2,412
Net Nonoperating Obligations (NNO)	-50,186	-49,525	3,105	56,647	59,579	63,393	-46,211	69,937	79,608	83,986
Total Depreciation and Amortization (D&A)	3,613	3,880	4,046	4,696	5,176	5,486	5,663	5,843	6,084	6,419
Debt-free, Cash-free Net Working Capital to Revenue	2.09%	0.00%	0.00%	4.27%	1.50%	-3.30%	0.26%	6.15%	7.99%	3.99%
Debt-free Net Working Capital to Revenue	2.09%	0.00%	0.00%	6.07%	2.74%	-2.19%	0.26%	7.57%	8.86%	5.03%
Net Working Capital to Revenue	-14.15%	-12.39%	-9.18%	-21.72%	-22.29%	-32.62%	-13.16%	-19.64%	-15.53%	-21.11%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.05	$3.11	$0.00	$3.76	$5.07	$1.72	$4.94	$0.00	$3.54	$5.70
Adjusted Weighted Average Basic Shares Outstanding	694M	691M	0.00	708M	733.32M	737M	769M	770M	771M	772M
Adjusted Diluted Earnings per Share	$4.05	$3.11	$0.00	$3.76	$5.07	$1.72	$4.94	$0.00	$3.54	$0.01
Adjusted Weighted Average Diluted Shares Outstanding	694M	691M	0.00	708M	733.32M	738M	769M	770M	771M	772M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$5.07	$1.72	$0.00	$0.00	$0.00	$5.71
Adjusted Weighted Average Basic & Diluted Shares Outstanding	688.38M	699.61M	0.00	727.01M	729M	768.66M	769M	770M	860.47M	866.12M
Normalized Net Operating Profit after Tax (NOPAT)	3,498	3,585	4,231	4,421	4,982	3,877	5,449	5,951	6,450	7,036
Normalized NOPAT Margin	15.64%	15.76%	17.95%	18.03%	19.87%	16.59%	22.13%	20.69%	22.20%	23.18%
Pre Tax Income Margin	17.48%	16.42%	18.10%	12.53%	16.34%	3.94%	16.21%	14.18%	16.40%	17.11%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.52	2.96	3.09	2.43	2.79	2.39	2.78	2.63	2.54	2.54
NOPAT to Interest Expense	2.26	1.87	2.04	1.91	2.26	2.58	2.32	2.28	2.13	2.08
EBIT Less CapEx to Interest Expense	1.03	-0.43	-0.97	-2.06	-2.26	-2.33	-1.62	-2.00	-1.59	-1.08
NOPAT Less CapEx to Interest Expense	-0.23	-1.51	-2.02	-2.57	-2.78	-2.14	-2.08	-2.34	-2.00	-1.54
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	79.62%	107.47%	98.66%	93.46%	74.71%	259.89%	87.01%	129.49%	112.87%	69.64%
Augmented Payout Ratio	132.60%	107.47%	98.66%	93.46%	74.71%	259.89%	87.01%	129.49%	112.87%	69.64%

This table displays calculated financial ratios and metrics derived from Duke Energy's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.82%	27.58%	3.78%	0.21%	1.94%	-1.89%	5.43%	9.03%	2.00%	2.05%
EBITDA Growth	8.12%	-3.06%	9.92%	4.79%	6.38%	30.94%	15.68%	9.24%	3.52%	9.25%
EBIT Growth	11.32%	-3.07%	30.08%	0.96%	4.71%	56.02%	16.82%	18.83%	2.94%	12.31%
NOPAT Growth	17.32%	6.67%	13.13%	-3.93%	11.02%	40.94%	17.83%	20.21%	-7.26%	15.82%
Net Income Growth	10.74%	-199.10%	-7.20%	-123.18%	-6.51%	251.37%	51.25%	551.47%	-0.45%	23.19%
EPS Growth	1.12%	-582.98%	4,950.00%	-128.07%	-12.15%	9.91%	42.57%	453.13%	0.63%	-1.71%
Operating Cash Flow Growth	-65.62%	-30.48%	-17.38%	2.77%	205.64%	247.63%	66.82%	28.28%	0.00%	31.45%
Free Cash Flow Firm Growth	-152.63%	-206.08%	2,284.35%	16.93%	84.14%	94.75%	-212.74%	-11.80%	-286.08%	44.60%
Invested Capital Growth	7.88%	0.00%	-60.99%	4.58%	2.57%	6.57%	183.41%	4.97%	4.97%	4.20%
Revenue Q/Q Growth	19.47%	-6.26%	-1.02%	-9.59%	21.53%	-9.78%	6.36%	-6.51%	13.69%	-9.74%
EBITDA Q/Q Growth	20.93%	-25.01%	16.29%	-0.63%	22.77%	-7.71%	2.75%	-6.16%	16.34%	-2.60%
EBIT Q/Q Growth	37.20%	-39.52%	40.82%	-13.59%	42.30%	-9.89%	5.44%	-12.10%	23.27%	-1.69%
NOPAT Q/Q Growth	43.89%	-35.72%	21.46%	-14.48%	66.27%	-18.39%	1.54%	-12.75%	28.28%	1.92%
Net Income Q/Q Growth	60.57%	-146.57%	215.65%	-126.81%	747.55%	-24.60%	15.56%	-19.98%	42.78%	-6.69%
EPS Q/Q Growth	58.77%	-350.83%	405.00%	-131.68%	596.88%	-357.23%	14.29%	-21.53%	41.59%	-360.00%
Operating Cash Flow Q/Q Growth	-48.53%	-35.91%	100.68%	55.23%	53.08%	-27.10%	-3.70%	19.36%	19.34%	-4.17%
Free Cash Flow Firm Q/Q Growth	-39.64%	-1,568.49%	161.55%	-105.79%	73.33%	-452.11%	-1,222.03%	94.26%	7.92%	20.77%
Invested Capital Q/Q Growth	2.78%	-2.00%	-61.77%	171.62%	0.81%	1.82%	1.65%	0.61%	0.80%	1.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	47.35%	41.65%	45.23%	41.53%	49.26%	52.62%	48.56%	43.96%	44.74%	63.46%
EBITDA Margin	46.34%	37.07%	43.55%	47.87%	48.36%	49.47%	47.79%	47.96%	49.08%	52.96%
Operating Margin	26.22%	16.24%	23.01%	21.74%	26.41%	25.72%	25.59%	23.80%	26.29%	28.70%
EBIT Margin	27.33%	17.63%	25.08%	23.97%	28.07%	28.04%	27.79%	26.13%	28.33%	30.86%
Profit (Net Income) Margin	18.02%	-8.95%	10.46%	-3.10%	16.52%	13.81%	15.00%	12.84%	16.13%	16.67%
Tax Burden Percent	90.11%	-103.13%	67.64%	-23.45%	87.19%	79.24%	86.41%	85.99%	90.50%	91.70%
Interest Burden Percent	73.17%	49.23%	61.64%	55.17%	67.51%	62.17%	62.48%	57.15%	62.90%	58.92%
Effective Tax Rate	10.08%	0.47%	13.78%	13.68%	2.77%	9.71%	13.36%	13.07%	11.22%	8.15%
Return on Invested Capital (ROIC)	5.35%	7.64%	6.94%	4.41%	5.96%	5.37%	7.32%	4.80%	5.40%	6.04%
ROIC Less NNEP Spread (ROIC-NNEP)	4.71%	-7.93%	4.91%	2.42%	4.97%	4.46%	5.95%	4.08%	4.66%	5.17%
Return on Net Nonoperating Assets (RNNOA)	6.20%	-1.92%	3.34%	3.41%	7.06%	6.53%	4.87%	6.30%	7.27%	8.33%
Return on Equity (ROE)	11.55%	5.72%	10.28%	7.82%	13.01%	11.90%	12.18%	11.10%	12.66%	14.37%
Cash Return on Invested Capital (CROIC)	-2.97%	-190.85%	94.67%	0.13%	2.16%	-1.26%	-88.19%	0.49%	0.33%	1.19%
Operating Return on Assets (OROA)	4.33%	5.48%	6.51%	3.95%	4.59%	4.59%	7.08%	4.34%	4.69%	5.16%
Return on Assets (ROA)	2.85%	-2.78%	2.72%	-0.51%	2.70%	2.26%	3.82%	2.13%	2.67%	2.79%
Return on Common Equity (ROCE)	10.69%	5.35%	9.61%	7.17%	11.94%	11.02%	11.47%	10.25%	11.81%	13.64%
Return on Equity Simple (ROE_SIMPLE)	7.50%	0.00%	5.34%	2.71%	2.49%	0.00%	6.59%	8.83%	8.92%	0.00%
Net Operating Profit after Tax (NOPAT)	1,849	1,188	1,443	1,234	2,052	1,675	1,701	1,484	1,903	1,940
NOPAT Margin	23.58%	16.17%	19.84%	18.77%	25.68%	23.22%	22.17%	20.69%	23.34%	26.36%
Net Nonoperating Expense Percent (NNEP)	0.64%	15.56%	2.03%	1.99%	0.99%	0.91%	1.37%	0.72%	0.74%	0.87%
Return On Investment Capital (ROIC_SIMPLE)	-	0.95%	-	-	-	1.29%	-	-	-	1.43%
Cost of Revenue to Revenue	52.65%	58.35%	54.77%	58.47%	50.74%	47.38%	51.44%	56.04%	55.26%	36.54%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.13%	25.41%	22.22%	19.79%	22.85%	26.90%	22.97%	20.16%	18.44%	34.77%
Earnings before Interest and Taxes (EBIT)	2,143	1,296	1,825	1,577	2,244	2,022	2,132	1,874	2,310	2,271
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,634	2,725	3,169	3,149	3,866	3,568	3,666	3,440	4,002	3,898
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.36	1.53	1.56	1.41	1.55	1.69	1.72	1.79	2.06	1.87
Price to Tangible Book Value (P/TBV)	2.26	2.58	2.73	2.42	2.62	2.85	2.89	3.01	3.44	3.08
Price to Revenue (P/Rev)	2.42	2.51	2.40	2.26	2.49	2.74	2.77	2.85	3.29	3.03
Price to Earnings (P/E)	17.21	29.59	29.16	51.88	66.55	29.06	26.60	20.42	23.65	20.91
Dividend Yield	4.63%	4.24%	4.42%	4.72%	4.77%	4.40%	4.30%	4.13%	3.57%	3.88%
Earnings Yield	5.81%	3.38%	3.43%	1.93%	1.50%	3.44%	3.76%	4.90%	4.23%	4.78%
Enterprise Value to Invested Capital (EV/IC)	1.14	1.23	1.64	1.17	1.22	1.24	1.25	1.28	1.38	1.31
Enterprise Value to Revenue (EV/Rev)	5.19	5.20	2.62	5.08	5.32	5.55	5.61	5.66	6.11	5.86
Enterprise Value to EBITDA (EV/EBITDA)	11.45	12.22	6.08	11.64	12.03	11.73	11.59	11.70	12.58	11.84
Enterprise Value to EBIT (EV/EBIT)	21.90	23.37	11.15	21.58	22.37	21.04	20.70	20.57	22.15	20.70
Enterprise Value to NOPAT (EV/NOPAT)	25.59	26.87	13.26	25.91	26.25	25.12	24.73	24.58	27.30	25.30
Enterprise Value to Operating Cash Flow (EV/OCF)	22.58	25.25	13.56	26.00	19.30	16.33	15.19	14.77	16.03	14.42
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.97	910.72	57.16	0.00	0.00	268.52	424.98	112.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.40	1.42	0.08	1.53	1.52	1.58	1.61	1.62	1.67	1.64
Long-Term Debt to Equity	1.27	1.27	0.00	1.37	1.38	1.44	1.48	1.50	1.52	1.49
Financial Leverage	1.32	0.24	0.68	1.41	1.42	1.47	0.82	1.54	1.56	1.61
Leverage Ratio	3.32	1.89	2.26	3.43	3.44	3.48	2.35	3.55	3.57	3.58
Compound Leverage Factor	2.43	0.93	1.40	1.89	2.32	2.16	1.47	2.03	2.25	2.11
Debt to Total Capital	58.29%	58.70%	7.28%	60.43%	60.25%	61.31%	61.65%	61.87%	62.59%	62.18%
Short-Term Debt to Total Capital	5.48%	6.24%	7.28%	6.25%	5.51%	5.46%	4.87%	4.51%	5.62%	5.85%
Long-Term Debt to Total Capital	52.81%	52.47%	0.00%	54.18%	54.73%	55.85%	56.78%	57.36%	56.97%	56.33%
Preferred Equity to Total Capital	1.57%	1.56%	0.00%	1.52%	1.51%	1.51%	1.49%	1.47%	0.72%	0.72%
Noncontrolling Interests to Total Capital	1.46%	2.02%	5.25%	2.12%	2.16%	0.83%	0.82%	0.82%	0.83%	0.83%
Common Equity to Total Capital	38.68%	37.72%	87.47%	35.93%	36.09%	36.35%	36.04%	35.83%	35.86%	36.27%
Debt to EBITDA	5.91	6.02	0.30	6.15	6.08	5.78	5.71	5.67	5.73	5.62
Net Debt to EBITDA	5.80	5.95	0.30	6.10	6.02	5.73	5.65	5.61	5.67	5.57
Long-Term Debt to EBITDA	5.36	5.38	0.00	5.52	5.53	5.27	5.26	5.26	5.21	5.09
Debt to NOPAT	13.22	13.23	0.65	13.69	13.28	12.39	12.19	11.91	12.43	12.00
Net Debt to NOPAT	12.96	13.08	0.65	13.58	13.14	12.27	12.05	11.78	12.30	11.90
Long-Term Debt to NOPAT	11.98	11.83	0.00	12.27	12.06	11.28	11.23	11.04	11.31	10.87
Altman Z-Score	0.52	0.51	7.40	0.48	0.53	0.57	0.58	0.59	0.64	0.60
Noncontrolling Interest Sharing Ratio	7.43%	6.46%	6.54%	8.31%	8.24%	7.38%	5.85%	7.62%	6.73%	5.07%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.77	0.70	0.09	0.75	0.76	0.74	0.78	0.81	0.70	0.67
Quick Ratio	0.28	0.26	0.00	0.24	0.26	0.25	0.28	0.29	0.26	0.23
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-7,228	-120,602	74,228	-4,300	-1,147	-6,330	-83,685	-4,807	-4,427	-3,507
Operating Cash Flow to CapEx	38.04%	23.57%	48.31%	74.64%	116.46%	78.44%	77.12%	98.60%	117.98%	111.05%
Free Cash Flow to Firm to Interest Expense	-11.99	-177.62	103.09	-5.91	-1.48	-7.98	-102.43	-5.83	-5.08	-4.03
Operating Cash Flow to Interest Expense	1.91	1.09	2.06	3.17	4.55	3.24	3.03	3.58	4.04	3.88
Operating Cash Flow Less CapEx to Interest Expense	-3.11	-3.53	-2.20	-1.08	0.64	-0.89	-0.90	-0.05	0.62	0.39
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.16	0.31	0.26	0.16	0.16	0.16	0.25	0.17	0.17	0.17
Accounts Receivable Turnover	7.11	0.00	0.00	7.30	7.05	6.80	0.00	7.36	7.36	7.36
Inventory Turnover	4.61	0.00	0.00	4.45	4.25	3.89	0.00	3.64	3.76	3.45
Fixed Asset Turnover	0.24	0.00	0.00	0.25	0.25	0.26	0.00	0.26	0.25	0.25
Accounts Payable Turnover	4.17	0.00	0.00	4.52	4.19	3.41	0.00	4.41	4.24	3.12
Days Sales Outstanding (DSO)	51.31	0.00	0.00	50.01	51.80	53.67	0.00	49.60	49.58	49.61
Days Inventory Outstanding (DIO)	79.21	0.00	0.00	82.08	85.80	93.92	0.00	100.36	97.13	105.95
Days Payable Outstanding (DPO)	87.60	0.00	0.00	80.82	87.03	107.11	0.00	82.77	86.06	116.86
Cash Conversion Cycle (CCC)	42.92	0.00	0.00	51.26	50.57	40.48	0.00	67.19	60.65	38.70
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	124,276	121,790	46,555	126,454	127,475	129,795	131,941	132,745	133,805	135,242
Invested Capital Turnover	0.23	0.47	0.35	0.23	0.23	0.23	0.33	0.23	0.23	0.23
Increase / (Decrease) in Invested Capital	9,077	121,790	-72,785	5,534	3,199	8,005	85,386	6,291	6,330	5,447
Enterprise Value (EV)	141,152	149,645	76,143	147,595	155,304	161,312	165,117	170,181	184,677	177,744
Market Capitalization	65,855	72,313	69,721	65,570	72,810	79,480	81,621	85,544	99,373	92,036
Book Value per Share	$62.84	$61.50	$58.22	$60.17	$54.68	$54.80	$61.72	$55.43	$55.88	$57.01
Tangible Book Value per Share	$37.77	$36.43	$33.16	$35.12	$32.24	$32.37	$36.69	$33.02	$33.48	$34.62
Total Capital	125,084	125,556	51,259	129,049	130,367	129,727	132,046	133,255	134,317	135,529
Total Debt	72,915	73,703	3,731	77,978	78,541	79,540	81,408	82,449	84,068	84,273
Total Long-Term Debt	66,060	65,873	0.00	69,914	71,353	72,452	74,979	76,439	76,524	76,340
Net Debt	71,511	72,839	3,731	77,325	77,712	78,795	80,447	81,576	83,215	83,606
Capital Expenditures (CapEx)	3,031	3,136	3,070	3,084	3,026	3,275	3,208	2,995	2,987	3,041
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,462	1,770	-102	3,603	2,752	2,321	2,515	2,695	1,883	1,212
Debt-free Net Working Capital (DFNWC)	2,915	2,179	-102	3,777	3,076	2,574	2,974	3,085	2,259	1,526
Net Working Capital (NWC)	-3,940	-5,651	-3,833	-4,287	-4,112	-4,514	-3,455	-2,925	-5,285	-6,407
Net Nonoperating Expense (NNE)	436	1,846	682	1,438	731	679	550	563	588	713
Net Nonoperating Obligations (NNO)	72,107	69,937	-973	75,383	75,649	79,608	81,303	81,939	83,556	83,986
Total Depreciation and Amortization (D&A)	1,491	1,429	1,344	1,572	1,622	1,546	1,534	1,566	1,692	1,627
Debt-free, Cash-free Net Working Capital to Revenue	9.06%	6.15%	-0.35%	12.40%	9.43%	7.99%	8.54%	8.97%	6.23%	3.99%
Debt-free Net Working Capital to Revenue	10.73%	7.57%	-0.35%	13.00%	10.53%	8.86%	10.10%	10.27%	7.48%	5.03%
Net Working Capital to Revenue	-14.50%	-19.64%	-13.20%	-14.76%	-14.08%	-15.53%	-11.73%	-9.73%	-17.49%	-21.11%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.81	$0.76	$1.20	($0.32)	$1.59	$3.07	$1.44	$1.13	$1.60	$1.53
Adjusted Weighted Average Basic Shares Outstanding	770M	770M	770M	771M	771M	771M	771M	772M	772M	772M
Adjusted Diluted Earnings per Share	$1.81	($4.54)	($0.19)	($0.32)	$1.59	($4.09)	$1.44	$1.13	$1.60	($4.16)
Adjusted Weighted Average Diluted Shares Outstanding	770M	770M	770M	771M	771M	771M	771M	772M	773M	772M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$1.01	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	770.06M	770M	770.65M	860.37M	860.38M	860.47M	861.43M	861.86M	862.15M	866.12M
Normalized Net Operating Profit after Tax (NOPAT)	1,840	1,414	1,444	1,208	2,130	1,660	1,691	1,516	1,893	1,938
Normalized NOPAT Margin	23.46%	19.24%	19.85%	18.36%	26.65%	23.01%	22.05%	21.14%	23.21%	26.33%
Pre Tax Income Margin	19.99%	8.68%	15.46%	13.23%	18.95%	17.43%	17.36%	14.93%	17.82%	18.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.55	1.91	2.53	2.17	2.90	2.55	2.61	2.27	2.65	2.61
NOPAT to Interest Expense	3.07	1.75	2.00	1.70	2.65	2.11	2.08	1.80	2.18	2.23
EBIT Less CapEx to Interest Expense	-1.47	-2.71	-1.73	-2.07	-1.01	-1.58	-1.32	-1.36	-0.78	-0.88
NOPAT Less CapEx to Interest Expense	-1.96	-2.87	-2.26	-2.54	-1.26	-2.02	-1.84	-1.83	-1.24	-1.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	83.74%	129.49%	133.35%	244.74%	264.59%	112.87%	99.11%	73.55%	73.40%	69.64%
Augmented Payout Ratio	83.74%	129.49%	133.35%	244.74%	264.59%	112.87%	99.11%	73.55%	73.40%	69.64%

Frequently Asked Questions About Duke Energy's Financials

When does Duke Energy's fiscal year end?

According to the most recent income statement we have on file, Duke Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Duke Energy's net income changed over the last 9 years?

Duke Energy's net income appears to be on an upward trend, with a most recent value of $4.61 billion in 2024, rising from $2.83 billion in 2015. The previous period was $2.87 billion in 2023.

What is Duke Energy's operating income?

Duke Energy's total operating income in 2024 was $7.93 billion, based on the following breakdown:

Total Gross Profit: $15.20 billion
Total Operating Expenses: $7.27 billion

How has Duke Energy revenue changed over the last 9 years?

Over the last 9 years, Duke Energy's total revenue changed from $22.37 billion in 2015 to $30.36 billion in 2024, a change of 35.7%.

How much debt does Duke Energy have?

Duke Energy's total liabilities were at $135.09 billion at the end of 2024, a 6.6% increase from 2023, and a 2,707.3% increase since 2015.

How much cash does Duke Energy have?

In the past 9 years, Duke Energy's cash and equivalents has ranged from $0.00 in 2015 to $442 million in 2018, and is currently $314 million as of their latest financial filing in 2024.

How has Duke Energy's book value per share changed over the last 9 years?

Over the last 9 years, Duke Energy's book value per share changed from 72.88 in 2015 to 57.01 in 2024, a change of -21.8%.

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This page (NYSE:DUK) was last updated on 4/30/2025 by MarketBeat.com Staff

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Duke Energy (DUK) Financials

Frequently Asked Questions About Duke Energy's Financials

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Duke Energy (DUK) Financials

Annual Income Statements for Duke Energy

Quarterly Income Statements for Duke Energy

Annual Cash Flow Statements for Duke Energy

Quarterly Cash Flow Statements for Duke Energy

Annual Balance Sheets for Duke Energy

Quarterly Balance Sheets for Duke Energy

Annual Metrics and Ratios for Duke Energy

Quarterly Metrics and Ratios for Duke Energy

Frequently Asked Questions About Duke Energy's Financials

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