Duke Energy Corporation (DUK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 60.87% | 48.81% | 44.07% | 48.18% | 47.34% | 45.97% | 50.22% | 55.01% | 60.65% | 61.36% | 57.65% | 53.30% | 48.19% | 48.60% | 48.46% | 48.34% | 48.47% | 47.97% | 47.74% | 47.12% |
| Operating profit margin | 26.11% | 25.39% | 25.41% | 24.98% | 24.33% | 22.58% | 22.30% | 22.16% | 20.90% | 20.64% | 20.17% | 19.95% | 21.41% | 17.78% | 18.47% | 18.76% | 19.08% | 23.10% | 23.36% | 23.42% |
| Pretax margin | 17.11% | 16.93% | 17.22% | 16.89% | 16.40% | 14.94% | 14.96% | 15.21% | 14.18% | 13.99% | 13.95% | 13.59% | 15.00% | 11.39% | 11.39% | 3.48% | 3.52% | 7.72% | 8.35% | 16.63% |
| Net profit margin | 14.90% | 14.31% | 14.29% | 10.78% | 9.78% | 4.16% | 4.72% | 8.51% | 8.61% | 13.48% | 13.48% | 13.26% | 14.46% | 11.78% | 12.01% | 5.95% | 5.77% | 8.74% | 8.81% | 15.23% |
Duke Energy Corporation's profitability ratios have shown some fluctuations over the past few years.
The gross profit margin has demonstrated a general upward trend from around 47% in early 2020 to a peak of over 60% by the end of 2024, indicating the company's ability to effectively manage the cost of goods sold and generate a higher gross profit on its operations.
The operating profit margin has also displayed an increasing trend, improving steadily from about 19% in late 2020 to over 26% by the end of 2024. This suggests that Duke Energy has been able to enhance its operational efficiency and control its operating expenses.
The pretax margin, reflecting the company's profitability before taxes, exhibited some variability but generally increased from around 3% in late 2020 to about 17% at the end of 2024. This indicates that Duke Energy has been able to generate higher profits relative to its total revenues over the years.
The net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, fluctuated significantly over the period, but notably improved from around 5% in late 2020 to almost 15% by the end of 2024. This improvement indicates that Duke Energy has become more effective in controlling its costs and boosting its net earnings.
Overall, Duke Energy Corporation has shown improvements in its profitability ratios over the years, with increasing margins suggesting enhanced operational efficiency and better cost management practices. However, the fluctuations in some ratios indicate the challenges and variability inherent in the energy sector.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 2.43% | 2.36% | 2.37% | 1.78% | 1.61% | 0.66% | 0.76% | 1.38% | 1.39% | 2.14% | 2.11% | 2.02% | 2.14% | 1.74% | 1.77% | 0.88% | 0.85% | 1.31% | 1.34% | 2.37% |
| Return on total capital | 16.72% | 16.51% | 16.05% | 15.10% | 14.67% | 13.92% | 13.99% | 14.09% | 13.50% | 12.75% | 12.80% | 12.46% | 12.84% | 10.60% | 10.37% | 5.92% | 5.59% | 8.09% | 8.72% | 12.85% |
| Return on equity (ROE) | 9.03% | 8.80% | 8.64% | 6.41% | 5.78% | 2.45% | 2.82% | 5.00% | 5.02% | 7.50% | 7.32% | 6.99% | 7.36% | 5.89% | 6.09% | 2.97% | 2.87% | 4.60% | 4.73% | 8.07% |
Duke Energy Corporation's profitability ratios show a mixed performance over the analyzed period. The Operating return on assets (Operating ROA) has generally been in a downward trend, declining from 3.64% as of March 31, 2020, to 3.38% by December 31, 2022. However, there was an uptick in performance in the subsequent quarters, reaching 4.25% by December 31, 2024.
The Return on assets (ROA) ratio also exhibited fluctuations, starting at 2.37% on March 31, 2020, dropping to 0.66% by September 30, 2023, but then recovering to 2.43% by December 31, 2024. The Return on total capital increased steadily over the period, from 12.85% on March 31, 2020, to 16.72% by December 31, 2024, indicating an improvement in utilizing all sources of capital.
Similarly, the Return on equity (ROE) ratio varied significantly, with a peak of 9.03% on December 31, 2024, after hitting a low of 2.45% on September 30, 2023. This suggests fluctuations in the company's ability to generate profit from shareholders' equity.
Overall, Duke Energy Corporation's profitability ratios reflect a mix of performance trends, indicating the company's ability to generate returns on assets, total capital, and equity. The recent uptrends in some ratios may signify a potential improvement in profitability and operational efficiency.