Duke Energy Corporation (DUK)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 7,926,000 | 7,070,000 | 6,012,000 | 5,373,000 | 4,571,000 |
| Total assets | US$ in thousands | 186,343,000 | 176,893,000 | 178,086,000 | 169,587,000 | 162,388,000 |
| Operating ROA | 4.25% | 4.00% | 3.38% | 3.17% | 2.81% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $7,926,000K ÷ $186,343,000K
= 4.25%
Duke Energy Corporation's operating return on assets (ROA) has shown a positive trend over the past five years. The operating ROA increased from 2.81% as of December 31, 2020, to 4.25% as of December 31, 2024. This indicates that the company has been able to generate more operating income relative to its total assets over this period.
The consistent improvement in operating ROA suggests that Duke Energy Corporation is effectively utilizing its assets to generate operating profits. This trend can be seen as a positive indicator of the company's operational efficiency and financial health. The steady growth in operating ROA reflects management's ability to make strategic decisions that enhance profitability and generate value for shareholders.
Overall, the increasing trend in Duke Energy Corporation's operating ROA demonstrates a positive performance for the company in terms of asset utilization and operational effectiveness.
Peer comparison
Dec 31, 2024