Duke Income Statement Research

DUK Stock

USD 94.50 1.63 1.76%

Most accounts from Duke Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Duke Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Duke Energy Valuation and Duke Energy Correlation analysis.

For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.

At this time, Duke Energy's Tax Provision is quite stable compared to the past year.

For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.At this time, Duke Energy's Tax Provision is quite stable compared to the past year.

	2021	2022	2023	2024 (projected)
Gross Profit	12.1B	13.0B	8.5B	8.3B
Total Revenue	25.1B	28.8B	29.1B	18.8B

Gross Profit Total Revenue

Duke Energy income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Net Income	Income Tax Expense	Depreciation And Amortization	Other Operating Expenses	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Minority Interest	Selling General Administrative	Extraordinary Items	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.77	0.6	0.67	0.6	0.97	0.86	0.02	0.77	0.87	0.82	-0.03	0.49	-0.64	-0.29	-0.65	-0.67	-0.61	0.39	0.01	0.0	-0.68	-0.16	-0.79	0.78
Total Revenue	0.77		0.81	0.82	0.87	0.8	0.65	0.35	0.87	0.97	0.92	0.33	0.7	-0.34	-0.35	-0.82	-0.32	-0.33	0.28	-0.08	-0.03	-0.44	0.01	-0.3	0.42
Gross Profit	0.6	0.81		0.59	0.62	0.65	0.5	0.2	0.8	0.77	0.55	0.76	0.47	-0.35	-0.15	-0.76	-0.13	-0.1	0.15	0.0	-0.17	-0.5	0.24	-0.12	0.31
Operating Income	0.67	0.82	0.59		0.94	0.74	0.65	0.26	0.83	0.75	0.8	0.12	0.79	-0.28	-0.24	-0.43	-0.42	-0.42	0.47	-0.26	0.11	-0.35	-0.15	-0.34	0.41
Ebit	0.6	0.87	0.62	0.94		0.7	0.6	0.4	0.78	0.78	0.82	0.19	0.84	-0.1	-0.25	-0.54	-0.23	-0.24	0.44	-0.28	0.19	-0.24	-0.18	-0.18	0.24
Ebitda	0.97	0.8	0.65	0.74	0.7		0.92	0.12	0.81	0.89	0.84	0.03	0.63	-0.54	-0.31	-0.63	-0.64	-0.6	0.52	-0.14	0.15	-0.59	-0.19	-0.73	0.69
Net Income	0.86	0.65	0.5	0.65	0.6	0.92		0.11	0.7	0.76	0.72	-0.07	0.69	-0.42	-0.43	-0.54	-0.66	-0.58	0.75	-0.26	0.42	-0.44	-0.36	-0.76	0.63
Income Tax Expense	0.02	0.35	0.2	0.26	0.4	0.12	0.11		-0.06	0.32	0.35	0.02	0.64	0.61	-0.58	-0.51	0.24	0.05	0.02	-0.61	0.31	0.62	-0.38	0.35	-0.53
Depreciation And Amortization	0.77	0.87	0.8	0.83	0.78	0.81	0.7	-0.06		0.83	0.75	0.41	0.57	-0.57	-0.15	-0.57	-0.47	-0.39	0.46	-0.01	-0.02	-0.7	0.09	-0.46	0.65
Other Operating Expenses	0.87	0.97	0.77	0.75	0.78	0.89	0.76	0.32	0.83		0.94	0.21	0.66	-0.42	-0.39	-0.84	-0.44	-0.44	0.31	-0.08	0.01	-0.5	-0.04	-0.46	0.51
Cost Of Revenue	0.82	0.92	0.55	0.8	0.82	0.84	0.72	0.35	0.75	0.94		-0.05	0.71	-0.35	-0.41	-0.72	-0.47	-0.49	0.34	-0.11	0.07	-0.38	-0.16	-0.48	0.49
Total Operating Expenses	-0.03	0.33	0.76	0.12	0.19	0.03	-0.07	0.02	0.41	0.21	-0.05		0.06	-0.05	0.11	-0.37	0.31	0.34	-0.11	0.08	-0.24	-0.23	0.45	0.39	-0.11
Income Before Tax	0.49	0.7	0.47	0.79	0.84	0.63	0.69	0.64	0.57	0.66	0.71	0.06		0.17	-0.56	-0.53	-0.28	-0.35	0.67	-0.65	0.58	0.11	-0.48	-0.19	0.05
Total Other Income Expense Net	-0.64	-0.34	-0.35	-0.28	-0.1	-0.54	-0.42	0.61	-0.57	-0.42	-0.35	-0.05	0.17		-0.25	0.19	0.55	0.43	-0.06	-0.56	0.47	0.91	-0.43	0.72	-0.92
Minority Interest	-0.29	-0.35	-0.15	-0.24	-0.25	-0.31	-0.43	-0.58	-0.15	-0.39	-0.41	0.11	-0.56	-0.25		0.49	0.14	0.2	-0.33	0.57	-0.43	-0.27	0.72	0.1	0.02
Selling General Administrative	-0.65	-0.82	-0.76	-0.43	-0.54	-0.63	-0.54	-0.51	-0.57	-0.84	-0.72	-0.37	-0.53	0.19	0.49		0.13	0.16	-0.09	0.08	0.05	0.24	0.04	0.19	-0.23
Extraordinary Items	-0.67	-0.32	-0.13	-0.42	-0.23	-0.64	-0.66	0.24	-0.47	-0.44	-0.47	0.31	-0.28	0.55	0.14	0.13		0.93	-0.55	-0.02	-0.21	0.47	0.16	0.85	-0.69
Discontinued Operations	-0.61	-0.33	-0.1	-0.42	-0.24	-0.6	-0.58	0.05	-0.39	-0.44	-0.49	0.34	-0.35	0.43	0.2	0.16	0.93		-0.51	0.07	-0.26	0.33	0.15	0.77	-0.57
Net Income From Continuing Ops	0.39	0.28	0.15	0.47	0.44	0.52	0.75	0.02	0.46	0.31	0.34	-0.11	0.67	-0.06	-0.33	-0.09	-0.55	-0.51		-0.49	0.81	-0.08	-0.47	-0.5	0.3
Non Recurring	0.01	-0.08	0.0	-0.26	-0.28	-0.14	-0.26	-0.61	-0.01	-0.08	-0.11	0.08	-0.65	-0.56	0.57	0.08	-0.02	0.07	-0.49		-0.7	-0.52	0.67	-0.16	0.36
Non Operating Income Net Other	0.0	-0.03	-0.17	0.11	0.19	0.15	0.42	0.31	-0.02	0.01	0.07	-0.24	0.58	0.47	-0.43	0.05	-0.21	-0.26	0.81	-0.7		0.41	-0.67	-0.13	-0.2
Tax Provision	-0.68	-0.44	-0.5	-0.35	-0.24	-0.59	-0.44	0.62	-0.7	-0.5	-0.38	-0.23	0.11	0.91	-0.27	0.24	0.47	0.33	-0.08	-0.52	0.41		-0.38	0.65	-0.89
Interest Income	-0.16	0.01	0.24	-0.15	-0.18	-0.19	-0.36	-0.38	0.09	-0.04	-0.16	0.45	-0.48	-0.43	0.72	0.04	0.16	0.15	-0.47	0.67	-0.67	-0.38		0.15	0.1
Net Interest Income	-0.79	-0.3	-0.12	-0.34	-0.18	-0.73	-0.76	0.35	-0.46	-0.46	-0.48	0.39	-0.19	0.72	0.1	0.19	0.85	0.77	-0.5	-0.16	-0.13	0.65	0.15		-0.88
Reconciled Depreciation	0.78	0.42	0.31	0.41	0.24	0.69	0.63	-0.53	0.65	0.51	0.49	-0.11	0.05	-0.92	0.02	-0.23	-0.69	-0.57	0.3	0.36	-0.2	-0.89	0.1	-0.88

Click cells to compare fundamentals

Duke Energy Account Relationship Matchups

Duke Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	2.2B	2.2B	2.3B	2.4B	3.0B	3.1B
Total Revenue	25.1B	23.9B	25.1B	28.8B	29.1B	18.8B
Gross Profit	11.6B	11.6B	12.1B	13.0B	8.5B	8.3B
Operating Income	5.7B	4.6B	5.4B	6.2B	7.1B	3.9B
Ebit	5.7B	4.6B	6.4B	6.2B	7.1B	3.9B
Ebitda	10.8B	8.7B	11.4B	12.0B	12.4B	13.0B
Net Income	3.7B	1.4B	3.6B	3.9B	4.3B	4.5B
Income Tax Expense	519M	(236M)	192M	342M	438M	451.8M
Cost Of Revenue	13.5B	12.3B	13.0B	15.8B	20.6B	13.6B
Income Before Tax	4.1B	839M	3.8B	4.3B	4.8B	2.8B
Minority Interest	(177M)	295M	329M	81M	(20M)	(19M)
Extraordinary Items	(1M)	(7M)	7M	(1.3B)	(1.2B)	(1.1B)
Non Recurring	402M	(8M)	984M	356M	409.4M	320.2M
Tax Provision	519M	(236M)	192M	342M	319M	461.5M
Interest Income	31M	4.2B	2.3B	2.3B	29M	27.6M
Net Interest Income	(2.2B)	(2.2B)	(2.3B)	(2.4B)	(2.9B)	(3.0B)

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

0.86

Consolidated Edison Buyout Trend

Pair Corr

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 Correlation Correlation 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:

How To Invest In Duke

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Is Duke Stock a good investment?

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What is Duke Energy's Net Worth?

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Check out Duke Energy Valuation and Duke Energy Correlation analysis.

For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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.

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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.

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Duke Income Statement Research

Duke Energy income statement Correlations

Duke Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Duke Energy income statement Accounts

Pair Trading with Duke Energy

Moving together with Duke Stock

Complementary Tools for Duke Stock analysis

COMMON DESTINATIONS

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COMPANY

Ebitda	+ 0.97	Interest Expense
Other Operating Expenses	+ 0.97	Total Revenue
Ebit	+ 0.94	Operating Income
Cost Of Revenue	+ 0.94	Other Operating Expenses
Discontinued Operations	+ 0.93	Extraordinary Items
Cost Of Revenue	+ 0.92	Total Revenue

Reconciled Depreciation	- 0.92	Total Other Income Expense Net
Reconciled Depreciation	- 0.89	Tax Provision
Reconciled Depreciation	- 0.88	Net Interest Income
Selling General Administrative	- 0.84	Other Operating Expenses
Selling General Administrative	- 0.82	Total Revenue
Net Interest Income	- 0.79	Interest Expense