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Duke Energy DUK Construction work in progress

Construction work in progress at other companies

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$92.6M+0.1%
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Xcel EnergyXEL
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Other financials

Income statement

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Revenue$7.6B+3.0%
Operating income$2.0B+12.0%
Net income$1.1B+9.5%
EPS (diluted)$1.38+10.4%

Balance sheet

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Cash & equivalents$673.0M+52.3%
Total debt$88.9B+7.9%
Total equity$56.9B+11.7%
Total assets$201.09B+6.0%

Cash flow

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Operating cash flow$2.9B-3.0%
CapEx$3.3B+9.5%
Free cash flow-$417.0M-870%

Valuation

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Market cap$96.17B-1.2%
Enterprise value$184.4B+2.8%
P/E20.7×+0.8×
P/S3.2×+0.4×

Profitability

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Gross margin74%
Operating margin27.2%+1.6pp
Net margin15.7%+1.3pp
FCF margin-1.8%

Returns & leverage

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Return on equity9.6%+0.9pp
Debt / equity1.6×-0.1×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Duke Energy in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress.

The source filing: Duke Energy’s 10-K, filed February 27, 2025.

Filed
Feb 27, 2025
Fiscal year
FY2024
Accession
0001326160-25-000072
(in millions)Duke / EnergyDuke / Energy / CarolinasProgress / EnergyDuke / Energy / ProgressDuke / Energy / FloridaDuke / Energy / OhioDuke / Energy / IndianaPiedmont
Other buildings and improvements2,9821,256698391307418372238
Nuclear fuel3,5182,0031,5151,515
Equipment3,8639971,252753499542490170
Construction in process7,8502,7353,6571,8841,773385406405
Other6,8551,2271,9531,349594426254498
Total property, plant and equipment(a)180,80658,38272,56042,06030,49013,91819,97012,780
Total accumulated depreciation – regulated(b)(c)(55,535)(19,090)(23,586)(15,930)(7,650)(3,674)(6,848)(2,432)
Total accumulated depreciation – other(d)(1,968)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

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?
This represents the accumulated costs of utility infrastructure projects that are currently under construction but not yet placed into service. Once completed, these assets are transferred to the rate base and begin earning a return for the utility.

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