Duke Energy Corporation (DUK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 72.66% | 71.87% | 72.03% | 72.32% | 71.13% | 69.48% | 67.84% | 66.57% | 66.74% | 37.57% | 38.34% | 38.34% | 37.77% | 60.37% | 60.59% | 61.26% | 61.33% | 54.44% | 53.93% | 53.40% |
| Operating profit margin | 27.14% | 24.66% | 24.33% | 24.19% | 22.83% | 23.14% | 22.72% | 22.52% | 24.10% | 20.00% | 20.55% | 20.75% | 21.20% | 25.83% | 26.34% | 26.55% | 25.78% | 24.65% | 23.37% | 22.12% |
| 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% |
| Net profit margin | 10.91% | 4.62% | 5.25% | 9.48% | 9.69% | 15.35% | 15.89% | 15.89% | 17.13% | 13.83% | 13.48% | 6.53% | 6.39% | 9.77% | 9.94% | 17.26% | 16.93% | 15.94% | 14.96% | 13.57% |
Duke Energy Corp.'s profitability ratios over the past eight quarters show some fluctuations. The gross profit margin has generally been high, ranging from 63.92% to 67.51%, indicating efficient cost management and pricing strategies. The operating profit margin has also been relatively stable, ranging from 21.40% to 24.44%, reflecting the company's ability to generate profits from its core operations.
However, there have been more significant variations in the pretax and net profit margins. The pretax margin ranged from 13.59% to 16.40%, with a slight upward trend in recent quarters, suggesting improving operational efficiency in generating profits before accounting for taxes. The net profit margin, on the other hand, showed more significant fluctuations, ranging from 3.84% to 14.11%. The sharp increase in Q1 2023 compared to the previous quarter could be due to specific one-time factors or changes in tax liabilities.
Overall, Duke Energy Corp.'s profitability ratios demonstrate a generally strong performance, with solid gross and operating margins. However, the fluctuations in net profit margin indicate the need for further analysis to understand the underlying factors impacting the company's bottom line profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.00% | 3.54% | 3.53% | 3.56% | 3.38% | 3.36% | 3.25% | 3.12% | 3.24% | 2.68% | 2.76% | 2.78% | 2.81% | 3.46% | 3.56% | 3.64% | 3.59% | 3.51% | 3.34% | 3.18% |
| Return on assets (ROA) | 1.61% | 0.66% | 0.76% | 1.40% | 1.43% | 2.23% | 2.27% | 2.20% | 2.30% | 1.86% | 1.81% | 0.88% | 0.85% | 1.31% | 1.34% | 2.37% | 2.36% | 2.27% | 2.14% | 1.95% |
| Return on total capital | 5.18% | 3.67% | 3.83% | 4.66% | 4.59% | 5.64% | 5.72% | 5.57% | 5.82% | 5.01% | 4.95% | 3.20% | 3.19% | 4.22% | 4.41% | 6.35% | 6.36% | 6.09% | 5.85% | 5.50% |
| Return on equity (ROE) | 5.78% | 2.45% | 2.83% | 5.07% | 5.17% | 7.81% | 7.87% | 7.63% | 7.93% | 6.29% | 6.23% | 2.97% | 2.87% | 4.60% | 4.73% | 8.07% | 8.00% | 7.62% | 7.25% | 6.54% |
Duke Energy Corp.'s profitability ratios have shown some fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA): This ratio measures the operating profit generated per dollar of assets. Duke Energy's Operating ROA has been relatively stable, ranging from 3.67% to 4.02% over the past eight quarters. This indicates that the company has been generating consistent operating profits relative to its asset base.
2. Return on assets (ROA): This ratio assesses the overall profitability of the company by measuring the net income generated per dollar of assets. Duke Energy's ROA has varied significantly, with the highest value at 2.21% in Q3 2022 and the lowest at 0.61% in Q3 2023. This indicates fluctuations in the company's ability to generate profits from its total assets.
3. Return on total capital: This ratio evaluates the return generated from all sources of capital, including debt and equity. Duke Energy's Return on Total Capital has also shown some variability, fluctuating between 4.91% and 5.61% over the past eight quarters. This suggests that the company has been able to maintain a relatively consistent return on its total invested capital.
4. Return on equity (ROE): This ratio measures the return generated for shareholders' equity investment. Duke Energy's ROE has fluctuated as well, with the highest value at 7.66% in Q3 2022 and the lowest at 2.26% in Q3 2023. This indicates that the company's ability to generate returns for its shareholders has not been consistently improving.
Overall, Duke Energy Corp.'s profitability ratios demonstrate some level of stability in terms of operating performance but also exhibit fluctuations in overall profitability and returns to shareholders. It may be important for stakeholders to further analyze the underlying factors driving these variations to assess the company's long-term financial health and sustainability.