Duke Energy Corporation (DUK)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,524,000 | 2,841,000 | 2,550,000 | 3,579,000 | 1,377,000 |
| Revenue | US$ in thousands | 30,357,000 | 29,060,000 | 28,768,000 | 25,097,000 | 23,366,000 |
| Net profit margin | 14.90% | 9.78% | 8.86% | 14.26% | 5.89% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $4,524,000K ÷ $30,357,000K
= 14.90%
The net profit margin of Duke Energy Corporation has fluctuated over the last five years. In December 2020, the net profit margin was 5.89%, indicating that for every dollar of revenue generated, the company retained $0.0589 as profit.
By December 2021, the net profit margin had significantly improved to 14.26%, suggesting efficient cost management or revenue growth relative to the previous year. In the following year, December 2022, the net profit margin slightly decreased to 8.86%, potentially indicating changes in expenses or revenue patterns.
In December 2023, the net profit margin increased to 9.78%, showing a positive trend in profitability compared to the previous year. The latest available data for December 2024 reflects a notable rise in the net profit margin to 14.90%, which may signify improved operational efficiency, higher revenues, or better cost control.
Overall, Duke Energy Corporation's net profit margin has demonstrated variability over the analyzed period, with notable improvements in 2021 and 2024, potential challenges in 2020, and fluctuations in between. Monitoring and analyzing these trends can provide insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024