Duke Energy Corporation (DUK)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,279,000 | 1,519,000 | 1,805,000 | 2,927,000 | 2,850,000 | 4,287,000 | 4,202,000 | 3,982,000 | 4,176,000 | 3,214,000 | 3,128,000 | 1,209,000 | 1,208,000 | 2,135,000 | 2,256,000 | 4,347,000 | 4,267,000 | 3,961,000 | 3,681,000 | 3,308,000 |
| Revenue (ttm) | US$ in thousands | 26,046,000 | 25,986,000 | 26,113,000 | 26,340,000 | 26,329,000 | 25,616,000 | 24,639,000 | 23,747,000 | 22,817,000 | 22,413,000 | 22,242,000 | 21,923,000 | 21,557,000 | 21,631,000 | 21,652,000 | 21,938,000 | 22,144,000 | 22,196,000 | 21,910,000 | 21,706,000 |
| Pretax margin | 12.59% | 5.85% | 6.91% | 11.11% | 10.82% | 16.74% | 17.05% | 16.77% | 18.30% | 14.34% | 14.06% | 5.51% | 5.60% | 9.87% | 10.42% | 19.81% | 19.27% | 17.85% | 16.80% | 15.24% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,279,000K ÷ $26,046,000K
= 12.59%
Duke Energy Corp.'s pretax margin has shown a consistent upward trend over the past four quarters. It increased from 13.59% in Q1 2022 to 16.40% in Q4 2023, indicating improved profitability. This upward trajectory suggests that the company has been effectively managing its expenses relative to its revenue before accounting for taxes. The gradual increase in pretax margin demonstrates the company's ability to control costs and generate more income from its core operations. This positive trend in pretax margin reflects well on Duke Energy Corp.'s financial performance and operational efficiency.
Peer comparison
Dec 31, 2023