Other

First mortgage bonds

Duke Energy First mortgage bonds increased by 6.4% to $39.84B in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), First mortgage bonds shows an upward trend with a 10.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2024

How to read this metric

A stable or growing balance indicates consistent investment in regulated infrastructure, while a decline may signal debt retirement.

Detailed definition

These are bonds secured by a first-priority lien on the company's property and assets. They are a primary financing tool...

Peer comparison

Standard instrument for regulated utilities; peers typically maintain significant levels of first mortgage bonds.

Metric ID: other_first_mortgage_bonds

Historical Data

3 periods
 Q4 '22Q4 '23Q4 '24
Value$32.65B$37.44B$39.84B
QoQ Change—+14.7%+6.4%
YoY Change—+14.7%+6.4%
Range$32.65B – $39.84B
Avg YoY Growth+10.6%
Median YoY Growth+10.6%
Current Streak2+ quarters growth

Frequently Asked Questions

What is Duke Energy's first mortgage bonds?
Duke Energy (DUK) reported first mortgage bonds of $39.84B in Q4 2024.
What is the long-term trend for Duke Energy's first mortgage bonds?
Over 2 years (2022 to 2024), Duke Energy's first mortgage bonds has grown at a 10.5% compound annual growth rate (CAGR), from $32.65B to $39.84B.
What does first mortgage bonds mean?
Bonds secured by a primary claim on the company's physical assets.