Duke Energy Unrecognized tax benefits increased by 19.4% to $74.00M 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.
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.
This represents the aggregate amount of tax benefits that have not been recognized in the financial statements because t...
Peers generally maintain low levels of unrecognized tax benefits to minimize audit risk and financial statement volatility.
other_unrecognized_tax_benefits| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $51.00M | $65.00M | $62.00M | $74.00M |
| QoQ Change | — | +27.5% | -4.6% | +19.4% |
| YoY Change | — | +27.5% | -4.6% | +19.4% |