Cash flow Duke Energy Corporation

Equities

DUK

US26441C2044

Electric Utilities

Market Closed - Nyse Other stock markets 04:00:02 2025-01-17 pm EST			Pre-market 07:24:31 am
109.26 ^USD	+0.18%		109.82	+0.52%

Jan. 20	GE Vernova : commits to deploying an SMR in the United States	CF
Jan. 15	JPMorgan Lowers Duke Energy's Price Target to $114 From $125	MT

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Published financial data: DUKE ENERGY CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues - (Utility Template)	24.66B	23.45B	24.68B	28.32B	28.6B
Total Revenues	24.66B	23.45B	24.68B	28.32B	28.6B
Fuel & Purchased Power	6.83B	6.05B	6.26B	8.78B	9.09B
Operations And Maintenance	6.07B	5.76B	5.93B	5.6B	5.52B
Selling General & Admin Expenses, Total	-	-	-	-	-
Depreciation & Amortization - (IS) - (Collected)	4.55B	4.7B	4.97B	5.09B	5.25B
Other Operating Expenses	1.51B	1.38B	1.67B	2.29B	1.54B
Total Operating Expenses	18.95B	17.9B	18.83B	21.76B	21.4B
Operating Income (REIT / Utility Template)	5.7B	5.55B	5.84B	6.56B	7.2B
Interest Expense, Total	-2.2B	-2.16B	-2.28B	-2.44B	-3.01B
Interest and Investment Income	31M	32M	16M	27M	29M
Net Interest Expenses	-2.17B	-2.13B	-2.26B	-2.41B	-2.98B
Income (Loss) on Equity Invest.	162M	-2B	28M	113M	113M
Currency Exchange Gains (Loss)	-	-	-	-	-
Allowance For Equity Funds Used During Construction	-	154M	171M	197M	198M
Other Non Operating Income (Expenses)	399M	267M	456M	168M	371M
EBT, Excl. Unusual Items	4.09B	1.84B	4.24B	4.63B	4.9B
Restructuring Charges	-	85M	-261M	-136M	-102M
Total Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	-4M	10M	13M	22M	52M
Asset Writedown	8M	-984M	-223M	-434M	-85M
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-112M	-	-	-
EBT, Incl. Unusual Items	4.1B	839M	3.76B	4.08B	4.77B
Income Tax Expense	519M	-236M	192M	300M	438M
Earnings From Continuing Operations	3.58B	1.08B	3.57B	3.78B	4.33B
Earnings Of Discontinued Operations	-7M	7M	7M	-1.32B	-1.46B
Net Income to Company	3.57B	1.08B	3.58B	2.46B	2.87B
Minority Interest	177M	295M	329M	95M	-33M
Net Income - (IS)	3.75B	1.38B	3.91B	2.55B	2.84B
Preferred Dividend and Other Adjustments	61M	108M	110M	108M	112M
Net Income to Common Incl Extra Items	3.69B	1.27B	3.8B	2.44B	2.73B
Net Income to Common Excl. Extra Items	3.69B	1.26B	3.79B	3.76B	4.18B
Per Share Items
Net EPS - Basic	5.06	1.72	4.94	3.17	3.54
Basic EPS - Continuing Operations	5.07	1.71	4.93	4.89	5.43
Basic Weighted Average Shares Outstanding	729M	737M	769M	770M	771M
Net EPS - Diluted	5.06	1.72	4.94	3.17	3.54
Diluted EPS - Continuing Operations	5.07	1.71	4.93	4.89	5.43
Diluted Weighted Average Shares Outstanding	729M	738M	769M	770M	771M
Normalized Basic EPS	3.75	1.96	3.87	3.88	3.93
Normalized Diluted EPS	3.75	1.96	3.87	3.88	3.93
Dividend Per Share	3.74	3.82	3.9	3.98	4.06
Payout Ratio	71.18	204.21	79.68	124.67	114.19
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Utility Revenues	24.37B	23.1B	24.33B	28.48B	28.77B
Non Utility Revenues	705M	765M	770M	285M	291M
EBITDA	10.88B	11.04B	11.51B	12.4B	13.29B
EBITA	6.21B	6.1B	6.36B	7.06B	7.73B
EBIT	5.7B	5.55B	5.84B	6.56B	7.2B
EBITDAR	11.24B	11.36B	11.8B	12.7B	13.56B
Total Revenues (As Reported)	25.08B	23.87B	25.1B	28.77B	29.06B
Effective Tax Rate - (Ratio)	12.67	-28.13	5.1	7.36	9.19
Current Domestic Taxes	-289M	-290M	0	-7M	72M
Current Foreign Taxes	2M	1M	2M	4M	3M
Total Current Taxes	-287M	-289M	2M	-3M	75M
Deferred Domestic Taxes	806M	53M	190M	303M	363M
Total Deferred Taxes	806M	53M	190M	303M	363M
Normalized Net Income	2.74B	1.44B	2.98B	2.99B	3.03B
Interest Capitalized	159M	112M	72M	118M	201M
Interest on Long-Term Debt	61M	61M	55M	50M	46M
Non-Cash Pension Expense	-168M	-189M	-225M	-190M	-229M
Supplemental Operating Expense Items
Net Rental Expense, Total	355M	317M	296M	294M	268M
Imputed Operating Lease Interest Expense	111M	90.71M	83.97M	83.25M	88.71M
Imputed Operating Lease Depreciation	244M	226M	212M	211M	179M
Stock-Based Comp., Other (Total)	84M	79M	83M	95M	91M
Stock-Based Comp., Net of Tax (Total)	-	-	-	-	-
Total Stock-Based Compensation	84M	79M	83M	95M	91M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	311M	259M	343M	409M	253M
Trading Asset Securities, Total	-	18M	5M	-	-
Accounts Receivable, Total	3.06B	3.15B	3.61B	4.42B	4.13B
Other Receivables	357M	-	-	-	-
Accounts Receivable (Summary Subtotal)	3.42B	3.15B	3.61B	4.42B	4.13B
Inventory - (Utility Template)	3.23B	3.17B	3.2B	3.58B	4.29B
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	222M	194M	170M	173M	76M
Other Current Assets, Total	1.98B	1.89B	2.61B	4.64B	4.02B
Total Current Assets	9.16B	8.68B	9.94B	13.22B	12.77B
Gross Property Plant And Equipment	146B	154B	160B	162B	169B
Accumulated Depreciation	-43.97B	-47B	-48.76B	-50.42B	-54.24B
Net Property Plant And Equipment	102B	107B	111B	111B	115B
Net Nuclear Fuel	1.45B	1.45B	1.38B	1.4B	1.51B
Regulatory Assets	13.22B	12.42B	12.49B	14.64B	13.62B
Goodwill	19.3B	19.3B	19.3B	19.3B	19.3B
Other Intangibles, Total	249M	295M	304M	265M	-
Long-Term Investments - (Utility Template)	2.37B	1.52B	1.46B	455M	492M
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	10.75B	11.86B	13.41B	17.41B	14.3B
Total Assets	159B	162B	170B	178B	177B
Liabilities
Accounts Payable, Total	3.49B	3.14B	3.63B	4.75B	4.23B
Accrued Expenses, Total	1.44B	2.66B	2.11B	1.41B	745M
Short-Term Borrowings	3.14B	2.87B	3.3B	3.95B	4.29B
Current Portion of Long-Term Debt	3.02B	4.11B	3.24B	4B	2.68B
Current Portion of Leases	327M	306M	338M	332M	303M
Current Income Taxes Payable	392M	482M	749M	722M	816M
Other Current Liabilities - (Bank / Utility Template)	2.95B	2.73B	2.57B	3.7B	4.22B
Total Current Liabilities	14.75B	16.3B	15.93B	18.87B	17.28B
Long-Term Debt	54.14B	54.91B	59.68B	66.45B	71.93B
Long-Term Leases	2.28B	2.06B	1.84B	1.49B	1.44B
Pension & Other Post Retirement Benefits	934M	969M	855M	832M	485M
Deferred Tax Liability Non-Current	9.5B	9.93B	10.21B	10.81B	11.42B
Other Non Current Liabilities, Total	29.28B	29.03B	29.93B	27.78B	24.15B
Total Liabilities	111B	113B	118B	126B	127B
Preferred Stock Redeemable	1.96B	1.96B	1.96B	1.96B	1.96B
Total Preferred Equity	1.96B	1.96B	1.96B	1.96B	1.96B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	40.88B	43.77B	44.37B	44.86B	44.92B
Retained Earnings	4.11B	2.47B	3.26B	2.64B	2.24B
Comprehensive Income and Other	-130M	-237M	-303M	-140M	-6M
Total Common Equity	44.86B	46B	47.33B	47.36B	47.15B
Minority Interest	1.13B	1.22B	1.84B	2.53B	1.08B
Total Equity	47.95B	49.18B	51.14B	51.85B	50.19B
Total Liabilities And Equity	159B	162B	170B	178B	177B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	733M	769M	769M	770M	771M
ECS Total Common Shares Outstanding	733M	769M	769M	770M	771M
Book Value / Share	61.2	59.82	61.55	61.51	61.15
Tangible Book Value	25.31B	26.4B	27.73B	27.79B	27.85B
Tangible Book Value Per Share	34.53	34.34	36.06	36.09	36.12
Total Debt	62.9B	64.25B	68.4B	76.22B	80.64B
Net Debt	62.59B	63.98B	68.05B	75.81B	80.39B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-589M	-703M	-1.03B	-635M	-863M
Debt Equivalent Oper. Leases	2.84B	2.54B	2.37B	2.35B	2.14B
Minority Interest, Total (Incl. Fin. Div)	1.13B	1.22B	1.84B	2.53B	1.08B
Equity Method Investments, Total	1.94B	961M	970M	455M	492M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.88B	2.87B	2.88B	3.22B	3.93B
Inventories - Finished Goods, Total	349M	294M	316M	360M	364M
Land - (BS)	2.09B	2.05B	2.16B	2.23B	2.34B
Buildings, Total	2.3B	2.56B	2.32B	2.91B	2.89B
Machinery, Total	129B	136B	143B	142B	148B
Full Time Employees	28.79K	27.54K	27.6K	27.86K	27.04K
Accumulated Allowance for Doubtful Accounts (Supple)	76M	146M	122M	216M	205M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	3.75B	1.38B	3.91B	2.55B	2.84B
Depreciation, Depletion & Amortization	4.67B	4.94B	5.15B	5.34B	5.56B
Amortization of Goodwill and Intangible Assets - (CF)	508M	542M	512M	501M	523M
Total Depreciation, Depletion & Amortization	5.18B	5.49B	5.66B	5.84B	6.08B
(Gain) Loss On Sale of Asset - (CF)	4M	-10M	-	-	1.67B
Total Asset Writedown	-8M	984M	356M	2.18B	85M
(Income) Loss On Equity Investments - (CF)	-162M	2B	-28M	-114M	-98M
Change in Accounts Receivable	78M	-56M	-297M	-788M	443M
Change In Inventories	-122M	66M	-34M	-476M	-706M
Change in Accounts Payable	-164M	-21M	249M	805M	-800M
Change In Income Taxes	-224M	117M	284M	10M	126M
Change in Other Net Operating Assets (Collected)	-441M	-637M	-892M	-2.82B	1.19B
Other Operating Activities	324M	-455M	-919M	-1.26B	-957M
Cash from Operations	8.21B	8.86B	8.29B	5.93B	9.88B
Capital Expenditure	-11.12B	-9.91B	-9.72B	-11.37B	-12.6B
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-318M	-299M	-32M	38M	45M
Other Investing Activities, Total	-517M	-398M	-1.19B	-644M	84M
Cash from Investing	-11.96B	-10.6B	-10.94B	-11.97B	-12.48B
Short Term Debt Issued, Total	397M	3.01B	1.48B	861M	610M
Long-Term Debt Issued, Total	7.09B	6.33B	9.05B	11.87B	10.03B
Total Debt Issued	7.49B	9.34B	10.53B	12.74B	10.64B
Short Term Debt Repaid, Total	-777M	-3.33B	-997M	-287M	-468M
Long-Term Debt Repaid, Total	-3.48B	-4.51B	-5.29B	-4.4B	-4.74B
Total Debt Repaid	-4.25B	-7.83B	-6.29B	-4.68B	-5.2B
Issuance of Common Stock	384M	2.74B	5M	9M	8M
Repurchase of Common Stock	-	-	-	-	-
Issuance of Preferred Stock	1.96B	-	-	-	-
Common Dividends Paid	-	-	-3.01B	-3.07B	-3.14B
Preferred Dividends Paid	-	-	-106M	-106M	-106M
Common & Preferred Stock Dividends Paid	-2.67B	-2.81B	-	-	-
Common & Preferred Stock Dividends Paid	-2.67B	-2.81B	-3.11B	-3.18B	-3.24B
Other Financing Activities, Total	817M	293M	1.48B	1.25B	154M
Cash from Financing	3.73B	1.73B	2.61B	6.13B	2.35B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-18M	-17M	-36M	83M	-246M
Supplemental Items
Cash Interest Paid	2.2B	2.19B	2.25B	2.36B	2.88B
Cash Income Tax Paid (Refund)	-651M	-585M	-3M	-6M	1M
Net Debt Issued / Repaid	3.24B	1.5B	4.24B	8.05B	5.43B
Levered Free Cash Flow	-3.21B	-1.03B	-2.89B	-4.54B	-4.37B
Unlevered Free Cash Flow	-1.83B	319M	-1.47B	-3.01B	-2.49B
Change In Net Working Capital	-463M	-1.19B	1.15B	1.68B	560M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.34	2.16	2.2	2.36	2.54
Return on Total Capital	3.35	3.1	3.14	3.31	3.5
Return On Equity %	7.8	2.21	7.12	7.34	8.48
Return on Common Equity	8.33	2.78	8.12	7.95	8.85
Margin Analysis
Gross Profit Margin %	46.88	49.44	49.46	46.3	48.45
SG&A Margin	-	-	-	-	-
EBITDA Margin %	44.13	47.07	46.63	43.8	46.46
EBITA Margin %	25.2	25.99	25.76	24.93	27.02
EBIT Margin %	23.14	23.68	23.68	23.16	25.19
Income From Continuing Operations Margin %	14.51	4.58	14.48	13.34	15.14
Net Income Margin %	15.2	5.87	15.84	9	9.93
Net Avail. For Common Margin %	14.98	5.38	15.36	13.29	14.63
Normalized Net Income Margin	11.09	6.16	12.06	10.54	10.6
Levered Free Cash Flow Margin	-13.02	-4.4	-11.72	-16.02	-15.28
Unlevered Free Cash Flow Margin	-7.44	1.36	-5.95	-10.63	-8.69
Asset Turnover
Asset Turnover	0.16	0.15	0.15	0.16	0.16
Fixed Assets Turnover	0.26	0.22	0.23	0.26	0.25
Receivables Turnover (Average Receivables)	7.96	7.55	7.3	7.14	6.69
Inventory Turnover (Average Inventory)	4.15	3.71	3.92	4.54	3.74
Short Term Liquidity
Current Ratio