How did Duke Energy's revenue and expenses trend in Q4 2024?
5/8/2025 09:37pm
Duke Energy's revenue and expenses in Q4 2024 showed the following trends:
1. **Revenue by Business**: The company's revenue was distributed across various business segments, with the most significant portion coming from the Electric Utilities and Infrastructure segment, amounting to $28.09 billion. This segment, along with others, contributed to the total revenue of $30.48 billion for the quarter.
2. **Net Income**: Duke Energy reported a net income of $1.23 billion for Q4 2024. This figure indicates the company's profitability for the period, which is a key financial metric.
3. **Operating Expenses**: The company's operating expenses were not provided in the specific figure, but the Selling, General, and Administrative (SG&A) expenses were reported at $1.48 billion. This figure is an important component of the total expenses, though it may not fully represent all operational costs.
4. **General and Administrative Expenses**: The General and Administrative (G&A) expenses were also reported at $1.48 billion. These expenses are a part of the SG&A and are crucial in understanding the overhead costs incurred by the company.
In conclusion, Duke Energy showed a robust revenue stream with a strong net income in Q4 2024, although the specific operating and G&A expenses were not detailed, the reported figures suggest efficient management of costs relative to revenue generation.