Other
Unrecognized tax benefits
Duke Energy Unrecognized tax benefits increased by 19.4% to $74M in Q4 2024 compared to the prior quarter. Over 4 years (FY 2020 to FY 2024), Unrecognized tax benefits shows a downward trend with a -12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2024Feb 27, 2025
How to read this metric
A decrease suggests the resolution of tax audits or the expiration of statutes of limitations, while an increase suggests new tax positions with higher uncertainty.
Detailed definition
This represents the aggregate amount of tax benefits that have not been recognized in the financial statements because t...
Peer comparison
Peers generally maintain low levels of unrecognized tax benefits to minimize audit risk and financial statement volatility.
Metric ID:
other_unrecognized_tax_benefitsHistorical Data
4 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $51M | $65M | $62M | $74M |
| QoQ Change | — | +27.5% | -4.6% | +19.4% |
| YoY Change | — | +27.5% | -4.6% | +19.4% |
Range$51M – $74M
Avg YoY Growth+14.1%
Median YoY Growth+19.4%
Unrecognized tax benefits at Other Companies
Frequently Asked Questions
- What is Duke Energy's unrecognized tax benefits?
- Duke Energy (DUK) reported unrecognized tax benefits of $74M in Q4 2024.
- What is the long-term trend for Duke Energy's unrecognized tax benefits?
- Over 4 years (2020 to 2024), Duke Energy's unrecognized tax benefits has grown at a -12.3% compound annual growth rate (CAGR), from $125M to $74M.
- What does unrecognized tax benefits mean?
- The total value of tax savings the company has claimed or expects to claim but has not yet recorded due to uncertainty.