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.
High levels indicate significant future growth potential and capital expenditure, though it may temporarily depress current return on equity until the assets are operational.
This represents the accumulated costs of utility infrastructure projects that are currently under construction but not y...
Commonly tracked by investors to gauge the utility's future rate base growth and capital intensity.
utility_construction_wip| 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% |