What is Duke Energy's preferred stock redemption premium?

Duke Energy (DUK) reported preferred stock redemption premium of $16M in Q3 2024.

What does preferred stock redemption premium mean?

This represents the additional cost incurred by a company when it repurchases or redeems preferred shares at a price higher than their par or carrying value. It reflects the financial impact of retiring specific capital instruments before their maturity or scheduled redemption date.

Duke Energy DUK Preferred Stock Redemption Premium

Discontinued — last reported Q3 '24

Preferred Stock Redemption Premium at other companies

Merchants BancorpMBIN

$5.37M—

Primo BrandsPRMB

$0—

Equity ResidentialEQR

$0-100%

FTAI Aviation Ltd.FTAI

$0-100%

EFC

Ellington Financial Inc.EFC

$83.75K—

WesBancoWSBC

$1.38M—

Segments

By segment

See full

Other$16M—

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

See full

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

See full

Operating cash flow$2.9B-3.0%

CapEx$3.3B+9.5%

Free cash flow-$417.0M-870%

Valuation

See full

Market cap$101.75B+11.3%

Enterprise value$183.7B+6.0%

P/E21×+2.1×

P/S3.3×+0.3×

Profitability

See full

Gross margin74%—

Operating margin27.2%+1.6pp

Net margin15.7%+1.3pp

FCF margin-1.8%—

Returns & leverage

See full

Return on equity9.6%+0.9pp

Debt / equity1.6×0.0×

Current ratio0.7×-0.2×

Where this comes from

Reported directly by Duke Energy in its filing.

Tagged under the XBRL concept us-gaap:PreferredStockRedemptionPremium.

The official record: Duke Energy’s 10-Q, filed November 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Duke Energy's preferred stock redemption premium?: Duke Energy (DUK) reported preferred stock redemption premium of $16M in Q3 2024.
What does preferred stock redemption premium mean?: This represents the additional cost incurred by a company when it repurchases or redeems preferred shares at a price higher than their par or carrying value. It reflects the financial impact of retiring specific capital instruments before their maturity or scheduled redemption date.