Duke Energy Corporation
DUKCompany Overview
Duke Energy Corp. engages in the distribution of natural gas and energy related services. It operates through the following segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Other. The Electric Utilities and Infrastructure segment conducts operations in regulated electric utilities in the Carolinas, Florida and the Midwest. The Gas Utilities and Infrastructure segment focuses on Piedmont, natural gas local distribution companies in Ohio and Kentucky, and natural gas storage and midstream pipeline investments. The Other segment includes interest expense on holding company debt, unallocated corporate costs, and Bison which is a wholly owned captive insurance company. The company was founded on April 30, 1904 and is headquartered in Charlotte, NC.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Duke Energy Corporation |
| Ticker | DUK |
| Main Business | Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). |
| Type | Securities |
| Industry | Utilities—Regulated Electric |
| Country | US |
| Market Cap | $74.96 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Regulated natural gas | $2,100.0 | $0.0 | - |
| Nonregulated natural gas and other | $24.0 | $0.0 | - |
| Equity in earnings of unconsolidated affiliates | $8.0 | $8.0 | - |
| Other income and expense, net | $46.0 | $18.0 | not stated in segment |
| Total | $2,178.0 | $26.0 | 1.19% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $7,090,000,000.0 | 9.46% |
| long term debt and capital lease obligation | $73,370,000,000.0 | 97.88% |
| Total Interest-Bearing Debt | $80,460,000,000.0 | 107.34% |
| Market Capitalization | $74,961,459,200.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |