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?

Tax credits earned but not yet used that can lower future tax bills.

Discontinued — last reported Q4 '15

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

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2015

Last reportedQ4 2015

How to read this metric

An increase suggests the company is generating significant tax-advantaged investments or R&D activity.

Detailed definition

A specific component of deferred tax assets representing tax credits that could not be utilized in the current period bu...

Peer comparison

Common in large manufacturing and technology firms with significant R&D or capital investment.

Metric ID: dta_tax_credit_carryforwards

Historical 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%

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?: Tax credits earned but not yet used that can lower future tax bills.