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

Duke Energy (Duke Energy) Operating Margin % : 25.49% (As of Dec. 2023)


View and export this data going back to 1964. Start your Free Trial

What is Duke Energy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Duke Energy's Operating Income for the three months ended in Dec. 2023 was $1,838 Mil. Duke Energy's Revenue for the three months ended in Dec. 2023 was $7,212 Mil. Therefore, Duke Energy's Operating Margin % for the quarter that ended in Dec. 2023 was 25.49%.

Good Sign:

Duke Energy Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Duke Energy's Operating Margin % or its related term are showing as below:

DUK' s Operating Margin % Range Over the Past 10 Years
Min: 21.11   Med: 22.94   Max: 24.95
Current: 24.44


DUK's Operating Margin % is ranked better than
79.49% of 512 companies
in the Utilities - Regulated industry
Industry Median: 12.365 vs DUK: 24.44

Duke Energy's 5-Year Average Operating Margin % Growth Rate was 2.00% per year.

Duke Energy's Operating Income for the three months ended in Dec. 2023 was $1,838 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $7,103 Mil.


Duke Energy Operating Margin % Historical Data

The historical data trend for Duke Energy's Operating Margin % 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.

* Premium members only.

Duke Energy Operating Margin % Chart

Duke Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.75 23.70 23.72 22.33 24.44

Duke Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.33 23.02 21.27 27.41 25.49

Competitive Comparison of Duke Energy's Operating Margin %

For the Utilities - Regulated Electric subindustry, Duke Energy's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duke Energy's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Duke Energy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Duke Energy's Operating Margin % falls into.



Duke Energy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Duke Energy's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=7103 / 29060
=24.44 %

Duke Energy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1838 / 7212
=25.49 %

* 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.


Duke Energy  (NYSE:DUK) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Duke Energy Operating Margin % Related Terms

Thank you for viewing the detailed overview of Duke Energy's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Duke Energy (Duke Energy) Business Description

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

Duke Energy (Duke Energy) Headlines

From GuruFocus

Q3 2019 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Duke Energy Corp ESG Investor Day Transcript

By GuruFocus Research 01-22-2024

Q4 2018 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2019 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2019 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Duke Energy Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024