Duke Energy Corporation (DUK)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 30,357,000 | 30,209,000 | 30,049,000 | 29,455,000 | 29,060,000 | 28,831,000 | 28,805,000 | 28,912,000 | 28,768,000 | 28,023,000 | 27,006,000 | 26,079,000 | 25,097,000 | 24,636,000 | 24,406,000 | 24,069,000 | 23,868,000 | 24,194,000 | 24,413,000 | 24,865,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 117,020,000 | 114,480,000 | 112,942,000 | 112,781,000 | 117,106,000 | 113,851,000 | 112,316,000 | 112,674,000 | 110,236,000 | 110,015,000 | 107,629,000 | 106,782,000 | 105,760,000 | 104,325,000 | 104,741,000 |
| Fixed asset turnover | — | — | — | — | — | 0.25 | 0.25 | 0.26 | 0.26 | 0.24 | 0.24 | 0.23 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.23 | 0.23 | 0.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $30,357,000K ÷ $—K
= —
Duke Energy Corporation's fixed asset turnover ratio has shown a fluctuating trend over the years. The fixed asset turnover ratio measures how efficiently the company is using its fixed assets to generate revenue. A higher ratio indicates that the company is generating more revenue per dollar of fixed assets.
From March 2020 to June 2022, Duke Energy's fixed asset turnover ratio remained relatively stable, ranging between 0.22 to 0.24. This could indicate consistent efficiency in utilizing its fixed assets to generate revenue during this period.
In the latter half of 2022, the ratio saw a slight increase, reaching 0.26 by December 2022. This uptick suggests a potential improvement in the company's ability to generate revenue from its fixed assets.
However, from March 2023 onwards, the fixed asset turnover ratio began to decline, settling at 0.25 by June 2023. This downward trend may raise concerns about a potential decrease in efficiency in utilizing fixed assets to generate revenue.
The absence of data for the years ending December 2023 and beyond limits our ability to provide a complete analysis of the trend in Duke Energy's fixed asset turnover ratio. Further monitoring of the ratio and additional financial data would be necessary to assess the company's ongoing performance in this aspect.
Peer comparison
Dec 31, 2024