Duke Energy
-1.41 %
17.23 %
Yet to be announced
Company Overview
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. The company operates through three segments: Electric Utilities, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest. The Commercial Renewable segment acquires, develops, builds, and operates wind and solar renewable generation projects.
Revenue Sources
PassDuke Energy's primary revenue streams come from regulated utility operations, specifically electricity generation, transmission, and distribution, as well as natural gas distribution. These core business activities are halal as they provide essential services and involve the exchange of real assets and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $8.25b | $6.79b | - | $889.0m | 0.00% | 13.08% |
| Dec. 31, 2024 | $7.36b | $6.12b | - | $871.0m | 0.00% | 14.23% |
| Sept. 30, 2024 | $8.15b | $6.88b | - | $872.0m | 0.00% | 12.67% |
| June 30, 2024 | $7.17b | $6.29b | - | $824.0m | 0.00% | 13.10% |
Based on the financial data from the last four quarters, Duke Energy's interest expenses represent a material portion of their total expenses. The interest expense to total expense ratio consistently exceeds the 5% threshold across all quarters analyzed.
The company relies heavily on debt financing for its operations and infrastructure investments, which is reflected in its substantial interest expenses.
Operational Ethics
PassAfter reviewing Duke Energy's operations and partnerships, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States, and there are no current material ties to Israel or the Chinese Communist Party.
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