Duke Energy Corporation (DUK) — Capital Reinvestment Ratio
Duke Energy Corporation (DUK) has a Capital Reinvestment Ratio of 2.99x as of June 2026, meaning it reinvests 3% of its operating cash flow ($2.76 Billion) in capital expenditures ($8.24 Billion). Check tangible equity quality of Duke Energy Corporation to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Duke Energy Corporation Capital Reinvestment Ratio (1994–2025)
This chart tracks Duke Energy Corporation's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see DUK cash flow metrics.
Annual Capital Reinvestment Ratio for Duke Energy Corporation (1994–2025)
Year-by-year Capital Reinvestment Ratio for Duke Energy Corporation from 1994 to 2025. See DUK FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | $12.35 Billion | $14.02 Billion | ▲ +14.0% |
| 2024 | 1.00x | $12.33 Billion | $12.28 Billion | ▼ -21.9% |
| 2023 | 1.28x | $9.88 Billion | $12.60 Billion | ▼ -33.5% |
| 2022 | 1.92x | $5.93 Billion | $11.37 Billion | ▲ +63.7% |
| 2021 | 1.17x | $8.29 Billion | $9.71 Billion | ▲ +4.8% |
| 2020 | 1.12x | $8.86 Billion | $9.91 Billion | ▼ -17.4% |
| 2019 | 1.35x | $8.21 Billion | $11.12 Billion | ▲ +3.7% |
| 2018 | 1.31x | $7.19 Billion | $9.39 Billion | ▲ +7.5% |
| 2017 | 1.22x | $6.62 Billion | $8.05 Billion | ▲ +4.6% |
| 2016 | 1.16x | $6.80 Billion | $7.90 Billion | ▲ +14.7% |
| 2015 | 1.01x | $6.68 Billion | $6.77 Billion | ▲ +24.0% |
| 2014 | 0.82x | $6.59 Billion | $5.38 Billion | ▼ -5.6% |
| 2013 | 0.87x | $6.38 Billion | $5.53 Billion | ▼ -17.5% |
| 2012 | 1.05x | $5.24 Billion | $5.50 Billion | ▼ -11.7% |
| 2011 | 1.19x | $3.67 Billion | $4.36 Billion | ▲ +11.6% |
| 2010 | 1.06x | $4.51 Billion | $4.80 Billion | ▼ -16.0% |
| 2009 | 1.27x | $3.46 Billion | $4.39 Billion | ▼ -3.8% |
| 2008 | 1.32x | $3.33 Billion | $4.39 Billion | ▲ +35.3% |
| 2007 | 0.97x | $3.21 Billion | $3.12 Billion | ▲ +7.4% |
| 2006 | 0.91x | $3.73 Billion | $3.38 Billion | ▲ +10.9% |
| 2005 | 0.82x | $2.82 Billion | $2.31 Billion | ▲ +67.6% |
| 2004 | 0.49x | $4.21 Billion | $2.06 Billion | ▼ -34.0% |
| 2003 | 0.74x | $3.34 Billion | $2.47 Billion | ▼ -32.0% |
| 2002 | 1.09x | $4.53 Billion | $4.92 Billion | ▼ -20.1% |
| 2001 | 1.36x | $4.36 Billion | $5.93 Billion | ▼ -46.2% |
| 2000 | 2.53x | $2.23 Billion | $5.63 Billion | ▲ +16.6% |
| 1999 | 2.17x | $2.73 Billion | $5.94 Billion | ▲ +138.3% |
| 1998 | 0.91x | $2.37 Billion | $2.16 Billion | ▲ +47.4% |
| 1997 | 0.62x | $2.14 Billion | $1.32 Billion | ▲ +41.8% |
| 1996 | 0.44x | $1.48 Billion | $646.50 Million | ▼ -19.8% |
| 1995 | 0.54x | $1.31 Billion | $713.30 Million | ▼ -27.1% |
| 1994 | 0.75x | $1.04 Billion | $772.50 Million | — |