Duke Energy Corporation (DUK)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 8,578,000 | 7,205,000 | 6,560,000 | 6,380,000 | 5,453,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 50,127,000 | 49,112,000 | 49,322,000 | 49,296,000 | 47,964,000 |
| Return on total capital | 17.11% | 14.67% | 13.30% | 12.94% | 11.37% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $8,578,000K ÷ ($—K + $50,127,000K)
= 17.11%
Between December 31, 2020, and December 31, 2024, Duke Energy Corporation's return on total capital has shown a consistent upward trend, increasing from 11.37% to 17.11%. This indicates that the company has been effectively utilizing its total capital to generate returns for its investors and stakeholders. The steady improvement in this ratio reflects the company's ability to generate profits relative to the total amount of capital invested in the business. Overall, the increasing trend in the return on total capital suggests that Duke Energy Corporation has been efficiently managing its capital resources and enhancing its financial performance over the years.
Peer comparison
Dec 31, 2024