Non-Current Assets
Deferred Tax Assets - Tax Credit Carryforwards
Duke Energy Deferred Tax Assets - Tax Credit Carryforwards decreased by 14.3% to $3.85B in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Deferred Tax Assets - Tax Credit Carryforwards shows a downward trend with a -6.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2024Feb 27, 2025
How to read this metric
Higher levels indicate significant potential for future tax savings, which enhances cash flow and project returns.
Detailed definition
This represents the value of tax credits that have been earned but not yet utilized to offset tax liabilities, which can...
Peer comparison
Highly relevant for utilities investing in renewable energy, where tax credits are a primary driver of project economics.
Metric ID:
dta_tax_credit_carryforwardsHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | $4.43B | $4.49B | $3.85B |
| QoQ Change | — | +1.4% | -14.3% |
| YoY Change | — | +1.4% | -14.3% |
Range$3.85B – $4.49B
Avg YoY Growth-6.5%
Median YoY Growth-6.5%
Deferred Tax Assets - Tax Credit Carryforwards at Other Companies
Frequently Asked Questions
- What is Duke Energy's deferred tax assets - tax credit carryforwards?
- Duke Energy (DUK) reported deferred tax assets - tax credit carryforwards of $3.85B in Q4 2024.
- What is the long-term trend for Duke Energy's deferred tax assets - tax credit carryforwards?
- Over 2 years (2022 to 2024), Duke Energy's deferred tax assets - tax credit carryforwards has grown at a -6.8% compound annual growth rate (CAGR), from $4.43B to $3.85B.
- What does deferred tax assets - tax credit carryforwards mean?
- Unused tax credits that can be applied to reduce future tax bills.