Duke Energy Corporation (DUK)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 30,357,000 | 29,060,000 | 28,768,000 | 25,097,000 | 23,366,000 |
| Property, plant and equipment | US$ in thousands | — | — | 112,781,000 | 112,674,000 | 106,782,000 |
| Fixed asset turnover | — | — | 0.26 | 0.22 | 0.22 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $30,357,000K ÷ $—K
= —
The fixed asset turnover ratio for Duke Energy Corporation has remained relatively stable at 0.22 from December 31, 2020, to December 31, 2021. There was a slight improvement to 0.26 by December 31, 2022. However, data is unavailable for the following years, December 31, 2023, and December 31, 2024. This indicates that the company is generating $0.26 in revenue for every $1 invested in fixed assets by the end of 2022, showcasing a modest increase in efficiency in utilizing its fixed assets to generate sales. It would have been beneficial to have more recent data to track any further trends in the fixed asset turnover ratio.
Peer comparison
Dec 31, 2024