GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duke Energy Corp (NYSE:DUK) » Definitions » Debt-to-Equity

Duke Energy (Duke Energy) Debt-to-Equity : 1.64 (As of Dec. 2023)


View and export this data going back to 1964. Start your Free Trial

What is Duke Energy Debt-to-Equity?

Duke Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,088 Mil. Duke Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $73,369 Mil. Duke Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $49,112 Mil. Duke Energy's debt to equity for the quarter that ended in Dec. 2023 was 1.64.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Duke Energy's Debt-to-Equity or its related term are showing as below:

DUK' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.04   Med: 1.33   Max: 1.64
Current: 1.64

During the past 13 years, the highest Debt-to-Equity Ratio of Duke Energy was 1.64. The lowest was 1.04. And the median was 1.33.

DUK's Debt-to-Equity is ranked worse than
77.47% of 475 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs DUK: 1.64

Duke Energy Debt-to-Equity Historical Data

The historical data trend for Duke Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Duke Energy Debt-to-Equity Chart

Duke Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.34 1.39 1.51 1.64

Duke Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 1.56 1.63 1.62 1.64

Competitive Comparison of Duke Energy's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Duke Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duke Energy's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Duke Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Duke Energy's Debt-to-Equity falls into.



Duke Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Duke Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Duke Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Duke Energy  (NYSE:DUK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Duke Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Duke Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Duke Energy (Duke Energy) Business Description

Address
550 South Tryon Street, Charlotte, NC, USA, 28202-1803
Duke Energy is one of the largest U.S. utilities, with regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to 8.2 million customers. Its natural gas utilities serve more than 1.6 million customers. Duke sold its commercial renewable energy portfolio in 2023.
Executives
Kodwo Ghartey-tagoe officer: EVP & Chief Legal Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
E Marie Mckee director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Louis E. Renjel officer: SVP, External Affairs & Comm 550 S. TRYON STREET, CHARLOTTE NC 28202
Gillespie Thomas Preston Jr. officer: EVP-Chf Gen Off-Entrp Op Excel 526 S. CHURCH ST., CHARLOTTE NC 28202
Steven K Young officer: Sr. VP & Controller DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Dhiaa M. Jamil officer: Grp Exec & Chief Nuclear Offic DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Ronald R Reising officer: SVP & Chief HR Officer 526 SOUTH CHURCH STREET, EC03T, CHARLOTTE NC 28202
Craver Theodore F Jr director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Julia S Janson officer: Sr. VP & Corporate Secretary DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Robert Alexander Glenn officer: SVP & CEO DEF & Midwest 550 S. TRYON STREET, CHARLOTTE NC 28202
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Idalene Fay Kesner director 101 OAKLEY STREET, EVANSVILLE IN 47710
Cynthia S. Lee officer: VP, Chf Acct Off & Controller 550 S. TRYON STREET, CHARLOTTE NC 28202
Caroline Dorsa director BIOGEN INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Michael J. Pacilio director 550 S. TRYON STREET, CHARLOTTE NC 28202

Duke Energy (Duke Energy) Headlines