Other

Progress Energy merger purchase accounting adjustments

Duke Energy Progress Energy merger purchase accounting adjustments decreased by 12.7% to $227.00M in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Progress Energy merger purchase accounting adjustments shows a downward trend with a -13.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2024

How to read this metric

These assets represent historical tax benefits that are gradually realized over time, supporting future cash flows.

Detailed definition

This represents deferred tax assets resulting from purchase accounting adjustments made during a business combination, s...

Peer comparison

Specific to companies that have undergone significant M&A activity; not directly comparable to companies without such history.

Metric ID: other_deferred_tax_assets_business_combination_recognize_3ece5e

Historical Data

3 periods
 Q4 '22Q4 '23Q4 '24
Value$301.00M$260.00M$227.00M
QoQ Change—-13.6%-12.7%
YoY Change—-13.6%-12.7%
Range$227.00M – $301.00M
Avg YoY Growth-13.2%
Median YoY Growth-13.2%
Current Streak2+ quarters decline

Frequently Asked Questions

What is Duke Energy's progress energy merger purchase accounting adjustments?
Duke Energy (DUK) reported progress energy merger purchase accounting adjustments of $227.00M in Q4 2024.
What is the long-term trend for Duke Energy's progress energy merger purchase accounting adjustments?
Over 2 years (2022 to 2024), Duke Energy's progress energy merger purchase accounting adjustments has grown at a -13.2% compound annual growth rate (CAGR), from $301.00M to $227.00M.
What does progress energy merger purchase accounting adjustments mean?
Tax assets created by accounting adjustments from past business acquisitions.