What is Duke Energy's secured debt?

Duke Energy (DUK) reported secured debt of $3.67B in Q4 2024.

What is the long-term trend for Duke Energy's secured debt?

Over 2 years (2022 to 2024), Duke Energy's secured debt has grown at a -5.5% compound annual growth rate (CAGR), from $4.12B to $3.67B.

What does secured debt mean?

Debt that is backed by specific assets the company owns.

Non-Current Liabilities

Secured Debt

Duke Energy Secured Debt decreased by 12.6% to $3.67B in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Secured Debt shows a downward trend with a -5.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryLeverage

SignalLower is better

VolatilityStable

First reportedQ4 2014

Last reportedQ1 2026

How to read this metric

Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.

Detailed definition

This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...

Peer comparison

Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.

Metric ID: secured_debt

Historical Data

3 periods

	Q4 '22	Q4 '23	Q4 '24
Value	$4.12B	$4.20B	$3.67B
QoQ Change	—	+2.1%	-12.6%
YoY Change	—	+2.1%	-12.6%

Range$3.67B – $4.20B

Avg YoY Growth-5.3%

Median YoY Growth-5.3%

Frequently Asked Questions

What is Duke Energy's secured debt?: Duke Energy (DUK) reported secured debt of $3.67B in Q4 2024.
What is the long-term trend for Duke Energy's secured debt?: Over 2 years (2022 to 2024), Duke Energy's secured debt has grown at a -5.5% compound annual growth rate (CAGR), from $4.12B to $3.67B.
What does secured debt mean?: Debt that is backed by specific assets the company owns.