Duke Energy Corporation (DUK)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 5,194,000 | 4,767,000 | 4,078,000 | 3,764,000 | 920,000 |
| Revenue | US$ in thousands | 30,357,000 | 29,060,000 | 28,768,000 | 25,097,000 | 23,366,000 |
| Pretax margin | 17.11% | 16.40% | 14.18% | 15.00% | 3.94% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $5,194,000K ÷ $30,357,000K
= 17.11%
The pretax margin of Duke Energy Corporation has shown a positive trend over the past five years, increasing from 3.94% in December 2020 to 17.11% in December 2024. This indicates an improvement in the company's ability to generate profits before accounting for taxes relative to its income. The steady growth in pretax margin signifies enhanced operational efficiency and cost management, as well as potentially effective revenue generation strategies. The consistent upward trajectory of this key financial ratio demonstrates Duke Energy Corporation's progress in maximizing profitability and optimizing its financial performance over the specified period.
Peer comparison
Dec 31, 2024