Duke Energy Corporation (DUK)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,926,000 | 7,669,000 | 7,636,000 | 7,359,000 | 7,070,000 | 6,511,000 | 6,424,000 | 6,407,000 | 6,012,000 | 5,783,000 | 5,446,000 | 5,202,000 | 5,373,000 | 4,380,000 | 4,507,000 | 4,515,000 | 4,553,000 | 5,588,000 | 5,703,000 | 5,824,000 |
| Total assets | US$ in thousands | 186,343,000 | 183,566,000 | 181,575,000 | 178,670,000 | 176,893,000 | 181,160,000 | 180,076,000 | 178,833,000 | 178,086,000 | 176,340,000 | 172,383,000 | 171,220,000 | 169,587,000 | 167,007,000 | 165,385,000 | 163,465,000 | 162,388,000 | 161,409,000 | 160,049,000 | 160,072,000 |
| Operating ROA | 4.25% | 4.18% | 4.21% | 4.12% | 4.00% | 3.59% | 3.57% | 3.58% | 3.38% | 3.28% | 3.16% | 3.04% | 3.17% | 2.62% | 2.73% | 2.76% | 2.80% | 3.46% | 3.56% | 3.64% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $7,926,000K ÷ $186,343,000K
= 4.25%
Operating return on assets (Operating ROA) measures the company's ability to generate earnings from its operations relative to its total assets. For Duke Energy Corporation, the Operating ROA has shown a fluctuating trend over the reported periods.
From March 31, 2020, to December 31, 2022, the Operating ROA decreased steadily from 3.64% to 2.62%, indicating a decline in the company's operational efficiency in generating profits from its assets during that period.
However, starting from March 31, 2023, there was a positive turnaround in the Operating ROA for Duke Energy Corporation. The ratio increased consistently, reaching its peak at 4.25% by December 31, 2024. This upward trend suggests an improvement in the company's ability to generate higher earnings from its operating activities per dollar of assets employed.
Overall, the recent uptrend in Operating ROA reflects a positive operational performance for Duke Energy Corporation, indicating an increase in profitability and efficiency in utilizing its assets effectively to generate profits.
Peer comparison
Dec 31, 2024