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Duke Energy DUK Gross margin

Discontinued — last reported Q4 '20

Gross margin at other companies

CNP
CenterPoint EnergyCNP
100%0.0pp
Quanta Services logo
Quanta ServicesPWR
15.1%+0.1pp
Hubbell logo
HubbellHUBB
35.5%+1.2pp
EMCOR Group logo
EMCOR GroupEME
19.3%0.0pp
Atmos Energy logo
Atmos EnergyATO
75.1%+15.5pp
GE Vernova logo
GE VernovaGEV
19.9%+2.0pp

Other financials

Income statement

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Revenue$7.4B+3.1%
Operating income$1.8B+7.2%
Net income$984.0M+9.3%
EPS (diluted)$1.25+10.6%

Balance sheet

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Cash & equivalents$442.0M-8.5%
Total debt$82.4B+2.8%
Total equity$50.9B+2.4%
Total assets$189.71B+4.5%

Cash flow

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Operating cash flow$2.9B-3.1%
CapEx$3.3B+9.5%
Free cash flow-$417.0M-870%

Valuation

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Market cap$96.46B+17.5%
Enterprise value$178.4B+10.1%
P/E19.9×+0.7×
P/S3.1×+0.4×

Profitability

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Operating margin27.2%+1.6pp
Net margin15.7%+1.3pp

Returns & leverage

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Return on equity9.6%+0.9pp
Debt / equity1.6×0.0×
Current ratio0.7×-0.2×

Where this comes from

Calculated from Duke Energy’s reported figures.

Based on trailing twelve months.

The official record: Duke Energy’s 10-K, filed February 23, 2024, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.