Duke Earnings before Tax from 2010 to 2024

DUK Stock  USD 96.09  2.42  2.58%   
Check Duke Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Duke main balance sheet or income statement drivers, such as Interest Expense of 3.1 B, Total Revenue of 18.8 B or Gross Profit of 8.3 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.29, Price Earnings Ratio of 10.91 or Price To Sales Ratio of 2.7. Duke financial statements analysis is a perfect complement when working with Duke Energy Valuation or Volatility modules.
  
This module can also supplement Duke Energy's financial leverage analysis and stock options assessment as well as various Duke Energy Technical models . Check out the analysis of Duke Energy Correlation against competitors.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.

About Duke Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Duke Energy income statement, its balance sheet, and the statement of cash flows. Duke Energy investors use historical funamental indicators, such as Duke Energy's Earnings before Tax, to determine how well the company is positioned to perform in the future. Although Duke Energy investors may use each financial statement separately, they are all related. The changes in Duke Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Duke Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Duke Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Duke Energy. Please read more on our technical analysis and fundamental analysis pages.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. The company was founded in 1904 and is headquartered in Charlotte, North Carolina. Duke Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 27605 people.

Pair Trading with Duke Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Duke Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Duke Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Duke Stock

  0.88ED Consolidated Edison Financial Report 2nd of May 2024 PairCorr

Moving against Duke Stock

  0.66PCG-PG Pacific Gas AndPairCorr
  0.63PCG-PI Pacific Gas AndPairCorr
  0.59PCG-PD Pacific Gas AndPairCorr
  0.59PCG-PE Pacific Gas AndPairCorr
  0.58PCG-PH Pacific Gas AndPairCorr
The ability to find closely correlated positions to Duke Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duke Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Duke Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Duke Energy to buy it.
The correlation of Duke Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duke Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duke Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Duke Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Duke Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Duke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Duke Energy Stock. Highlighted below are key reports to facilitate an investment decision about Duke Energy Stock:
Check out the analysis of Duke Energy Correlation against competitors.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Duke Stock analysis

When running Duke Energy's price analysis, check to measure Duke Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Duke Energy is operating at the current time. Most of Duke Energy's value examination focuses on studying past and present price action to predict the probability of Duke Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duke Energy's price. Additionally, you may evaluate how the addition of Duke Energy to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Is Duke Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Duke Energy. If investors know Duke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Duke Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
4.06
Earnings Share
5.35
Revenue Per Share
37.097
Quarterly Revenue Growth
(0.02)
The market value of Duke Energy is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Duke Energy's market value can be influenced by many factors that don't directly affect Duke Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.