Non-Current Assets
Construction work in progress
Duke Energy Construction work in progress decreased by 6.2% to $7.85B in Q4 2024 compared to the prior quarter. Over 2 years (FY 2022 to FY 2024), Construction work in progress shows relatively stable performance with a 3.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ4 2022
Last reportedQ4 2024Feb 27, 2025
How to read this metric
High levels indicate significant future growth potential and capital expenditure, though it may temporarily depress current return on equity until the assets are operational.
Detailed definition
This represents the accumulated costs of utility infrastructure projects that are currently under construction but not y...
Peer comparison
Commonly tracked by investors to gauge the utility's future rate base growth and capital intensity.
Metric ID:
utility_construction_wipHistorical Data
3 periods
| Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|
| Value | $7.38B | $8.37B | $7.85B |
| QoQ Change | — | +13.4% | -6.2% |
| YoY Change | — | +13.4% | -6.2% |
Range$7.38B – $8.37B
Avg YoY Growth+3.6%
Median YoY Growth+3.6%
Construction work in progress at Other Companies
Frequently Asked Questions
- What is Duke Energy's construction work in progress?
- Duke Energy (DUK) reported construction work in progress of $7.85B in Q4 2024.
- What is the long-term trend for Duke Energy's construction work in progress?
- Over 2 years (2022 to 2024), Duke Energy's construction work in progress has grown at a 3.1% compound annual growth rate (CAGR), from $7.38B to $7.85B.
- What does construction work in progress mean?
- The total cost of utility infrastructure projects currently being built but not yet operational.