Other
Progress Energy merger purchase accounting adjustments
Duke Energy Progress Energy merger purchase accounting adjustments decreased by 12.7% to $227M 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 2024Feb 27, 2025
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_3ece5eHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | $301M | $260M | $227M |
| QoQ Change | — | -13.6% | -12.7% |
| YoY Change | — | -13.6% | -12.7% |
Range$227M – $301M
Avg YoY Growth-13.2%
Median YoY Growth-13.2%
Current Streak2+ quarters decline
Progress Energy merger purchase accounting adjustments at Other Companies
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 $227M 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 $301M to $227M.
- What does progress energy merger purchase accounting adjustments mean?
- Tax assets created by accounting adjustments from past business acquisitions.