Duke Energy (Duke Energy) ROCE %

: 5.07% (As of Dec. 2023)

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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Duke Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.07%.

Duke Energy ROCE % Historical Data

The historical data trend for Duke Energy's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Duke Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.59

2.08

4.14

4.17

4.88

Duke Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.31	4.58	3.92	5.61	5.07

Duke Energy ROCE % Calculation

Duke Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	7781	/	( ( (178086 - 18873)	+	(176893 - 17283) )	/ 2 )
	=	7781	/	( (159213	+	159610)	/ 2 )
	=	7781	/	159411.5
	=	4.88 %

Duke Energy's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	8200	/	( ( (181160 - 17160)	+	(176893 - 17283) )	/ 2 )
	=	8200	/	( ( 164000	+	159610 )	/ 2 )
	=	8200	/	161805
	=	5.07 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Duke Energy (NYSE:DUK) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Duke Energy ROCE % Related Terms

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Duke Energy (Duke Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duke Energy Corp (NYSE:DUK) » Definitions » ROCE %

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DUKpA.PFD:USA D2MN:Germany D2MN:Germany D2MN:Germany DUKB34:Brazil

Address

550 South Tryon Street, Charlotte, NC, USA, 28202-1803

Website

https://www.duke-energy.com

Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.

Executives

Kodwo Ghartey-tagoe	officer: EVP & Chief Legal Officer	550 S. TRYON STREET, CHARLOTTE NC 28202
E Marie Mckee	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Louis E. Renjel	officer: SVP, External Affairs & Comm	550 S. TRYON STREET, CHARLOTTE NC 28202
Gillespie Thomas Preston Jr.	officer: EVP-Chf Gen Off-Entrp Op Excel	526 S. CHURCH ST., CHARLOTTE NC 28202
Steven K Young	officer: Sr. VP & Controller	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dhiaa M. Jamil	officer: Grp Exec & Chief Nuclear Offic	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ronald R Reising	officer: SVP & Chief HR Officer	526 SOUTH CHURCH STREET, EC03T, CHARLOTTE NC 28202
Craver Theodore F Jr	director	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Julia S Janson	officer: Sr. VP & Corporate Secretary	DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert Alexander Glenn	officer: SVP & CEO DEF & Midwest	550 S. TRYON STREET, CHARLOTTE NC 28202
Derrick Burks	director	C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Idalene Fay Kesner	director	101 OAKLEY STREET, EVANSVILLE IN 47710
Cynthia S. Lee	officer: VP, Chf Acct Off & Controller	550 S. TRYON STREET, CHARLOTTE NC 28202
Caroline Dorsa	director	BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Michael J. Pacilio	director	550 S. TRYON STREET, CHARLOTTE NC 28202