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Duke Energy Corporation  (DUK)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities


Duke Energy's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Duke Energy's ROA in the second quarter of 2024?
Duke Energy Corporation achieved a return on average assets (ROA) of 2.29 % in its second quarter of 2024, this is above DUK's average return on assets of 2.17%.
Duke Energy Corporations assets during the 12 months ending in the second quarter of 2024 are valued at $191 billion

Despite the company's net income deteriorating, Duke Energy was able to improve its ROA compared to the first quarter of 2024.

However, within the Utilities sector 62 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2024 quarter, so far to 1236, from total ROA ranking in the first quarter of 2024 at 1569.

What is ROA?


Return On Assets (Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
Y / Y Total Assets Change 0.83 % -0.09 % -2.38 % 2.73 % 4.46 %
Y / Y Net Income Change - 51.25 % - -6.51 % -
Net Income (TTM) in million 4,389 3,264 2,874 1,220 1,312
Return On Assets (TTM) 2.29 % 1.71 % 1.5 % 0.63 % 0.68 %
DUK's Total Ranking # 1236 # 1569 # 1780 # 2382 # 2482
Total Assets (TTM) in million 181,575 178,670 225,702 181,160 180,076
Seq. Total Assets Change 1.63 % -20.84 % 24.59 % 0.6 % 0.7 %
Seq. Net Income Change -19.98 % 15.56 % -24.6 % - -



Return On Assets Company Ranking
Within: No.
Industry # 24
Sector # 63
Overall # 1232

Return On Assets Statistics
High Average Low
3.51 %
2.17 %
0.67 %
(June 30. 2011)   (Dec 31 2020)





Financial Statements
Duke Energy's Assets $ 181,575 million DUK's Balance sheet
Duke Energy's Income $ 921 million Quarterly DUK's Income Statement
DUK's Income by Division See DUK's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change -0.67 % 5.01 % 4.43 % 2.23 % 9.25 %
Total Assets in million 176,893 178,086 169,587 162,388 158,838
Y / Y Net Income Change 17.07 % -31.41 % 230.78 % -69.7 % 35.06 %
Net Income in million 2,874 2,455 3,579 1,082 3,571
Return On Assets 1.62 % 1.38 % 2.11 % 0.67 % 2.25 %




Comment on DUK's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 1.62 % compared to prior year, due to annual net income growth of 17.07 % to $2,874.00 million, and due to decline of value in Duke Energy's assets by -0.67 % to $176,893.00 million, compared to $176,893.00 a year before.


More Return On Assets Ratios
DUK's' Return on Assets at Yahoo Finance
Electric Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
DUK's Roa Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for DUK's Competitors
Roa for Duke Energy's Suppliers
Return On Assets for DUK's Customers

You may also want to know
DUK's Roi DUK's Inventory Turnover Ratio DUK's Growth Rates DUK's Dividend Comparisons
DUK's Profitability Ratios DUK's Asset Turnover Ratio DUK's Dividend Growth
DUK's Roe DUK's Valuation Ratios DUK's Financial Strength Ratios DUK's Dividend Payout Ratio



Companies with similar Return On Assets at Jun 30 2024, within Utilities Sector ROA
Oneok Inc   5.78 %
Williams companies inc   5.64 %
Energy Transfer Lp  5.50 %
Archrock inc   5.19 %
Plains All American Pipeline Lp  4.95 %
American States Water Co  4.71 %
Dt Midstream Inc   4.67 %
Plains Gp Holdings Lp  4.53 %
Pure Cycle Corporation  4.44 %
Ugi Corporation  4.36 %
Atmos Energy Corp  4.32 %
Northwest Natural Holding Company  4.20 %
Summit Midstream Partners Lp  4.19 %
York Water Co  4.06 %
Rgc Resources Inc   4.06 %
Equitrans Midstream Corporation  3.97 %
Sempra  3.92 %
Kinder Morgan Inc   3.62 %
New Jersey Resources Corporation  3.53 %
California Water Service Group  3.48 %
American Water Works Company Inc   3.48 %
Enlink Midstream Llc  3.42 %
Wisconsin Public Service Corporation  3.42 %
Stabilis Solutions Inc   3.33 %
Essential Utilities Inc   3.29 %
Idacorp Inc   3.26 %
Chesapeake Utilities Corp  3.24 %
Public Service Enterprise Group Incorporated  3.22 %
Usa Compression Partners Lp  3.20 %
Enbridge Inc   3.19 %


Date modified: 2024-09-07T13:19:05+00:00


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