Duke Energy Corporation (DUK)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,524,000 | 2,841,000 | 2,550,000 | 3,579,000 | 1,377,000 |
| Total stockholders’ equity | US$ in thousands | 50,127,000 | 49,112,000 | 49,322,000 | 49,296,000 | 47,964,000 |
| ROE | 9.03% | 5.78% | 5.17% | 7.26% | 2.87% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,524,000K ÷ $50,127,000K
= 9.03%
Based on the data provided for Duke Energy Corporation's Return on Equity (ROE) over the five-year period from December 31, 2020, to December 31, 2024, we observe the following trends:
1. In 2020, Duke Energy Corporation had an ROE of 2.87%, indicating that for every dollar of shareholder equity, the company generated a return of 2.87%.
2. By the end of 2021, Duke Energy's ROE improved to 7.26%, signifying a significant increase in the company's profitability and efficiency in generating returns for its shareholders.
3. However, in 2022, the ROE decreased slightly to 5.17%, suggesting a potential dip in the company's profitability compared to the previous year.
4. The trend continued into 2023, with the ROE slightly increasing to 5.78%, indicating a modest recovery in the company's profitability.
5. By the end of 2024, Duke Energy's ROE improved significantly to 9.03%, showcasing a notable rebound in the company's ability to generate returns for its shareholders compared to the previous years.
Overall, Duke Energy Corporation's ROE experienced fluctuations over the five-year period, with a notable improvement in 2021 and 2024. It is essential for investors and stakeholders to monitor these changes in ROE to assess the company's financial performance and efficiency in generating returns on equity.
Peer comparison
Dec 31, 2024