Duke Energy Corporation (DUK)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 18,477,000 | 14,744,000 | 13,242,000 | 14,190,000 | 13,756,000 | 13,253,000 | 14,465,000 | 15,904,000 | 17,447,000 | 17,195,000 | 15,570,000 | 13,900,000 | 12,095,000 | 11,972,000 | 11,828,000 | 11,634,000 | 11,569,000 | 11,605,000 | 11,654,000 | 11,716,000 |
| 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 |
| Gross profit margin | 60.87% | 48.81% | 44.07% | 48.18% | 47.34% | 45.97% | 50.22% | 55.01% | 60.65% | 61.36% | 57.65% | 53.30% | 48.19% | 48.60% | 48.46% | 48.34% | 48.47% | 47.97% | 47.74% | 47.12% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $18,477,000K ÷ $30,357,000K
= 60.87%
The gross profit margin of Duke Energy Corporation has shown fluctuations over the years based on the provided data. From March 31, 2020, to December 31, 2020, there was a steady increase in the gross profit margin from 47.12% to 48.47%. However, there was a slight decrease by March 31, 2021, which then started to rise again until December 31, 2021. The gross profit margin increased significantly to 53.30% by March 31, 2022, followed by a substantial jump to 57.65% by June 30, 2022, and further to 61.36% by September 30, 2022.
However, there was a significant decrease in the gross profit margin by December 31, 2022, dropping to 60.65%. Subsequently, there was a decline to 55.01% by March 31, 2023, and 50.22% by June 30, 2023. The trend continued to decrease to 45.97% by September 30, 2023, before a slight recovery to 47.34% by December 31, 2023. The gross profit margin increased to 48.18% by March 31, 2024, but saw a decline to 44.07% by June 30, 2024. However, there was a substantial improvement by December 31, 2024, with the gross profit margin reaching 60.87%.
Overall, the gross profit margin of Duke Energy Corporation has displayed fluctuations, indicating varying levels of profitability over the periods analyzed. It is essential for stakeholders to closely monitor these fluctuations to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024