Duke Energy Corporation (DUK)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 8,381,000 8,112,000 7,978,000 7,482,000 7,205,000 6,822,000 6,763,000 6,941,000 6,657,000 6,420,000 6,364,000 6,160,000 6,329,000 5,225,000 4,989,000 2,852,000 2,683,000 3,723,000 3,966,000 6,029,000
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 50,127,000 49,133,000 49,707,000 49,551,000 49,112,000 49,006,000 48,333,000 49,260,000 49,322,000 50,345,000 49,720,000 49,446,000 49,296,000 49,307,000 48,132,000 48,186,000 47,964,000 46,006,000 45,484,000 46,921,000
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%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $8,381,000K ÷ ($—K + $50,127,000K)
= 16.72%

Duke Energy Corporation's return on total capital has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 12.85% in March 2020, then decreased to 5.59% by December 2020, before gradually increasing again.

There was a significant improvement in the return on total capital from March 31, 2021 (5.92%) to June 30, 2022 (12.80%), indicating a positive trend in capital utilization efficiency. The ratio remained above 12% for most of the later periods, peaking at 16.72% by December 31, 2024.

Overall, Duke Energy Corporation's return on total capital has shown positive performance in recent periods, demonstrating a strong ability to generate profits from its invested capital. This trend suggests effective capital allocation and management strategies by the company.