Duke Energy Corporation
Financial Performance
Duke Energy Revenue & Financials
Revenue
$32.2B (FY2025)
Market Cap
$91.6B
Employees
26,441
What is Duke Energy's revenue?
Duke Energy had $32.2B in revenue for fiscal year 2025, up 6.2% from 2024.
- Latest revenue
- $32.2B (FY2025)
- Year-over-year
- +6.2%
- Growth rate (CAGR)
- 5.3% over 2 years
- Peak revenue
- $32.2B (FY2025)
- Years of data
- 3
- Employees
- 26,441
- How many employees does Duke Energy have?
- Duke Energy has about 26,441 employees.
Financial Analysis
Duke reported 2025 operating revenue of $32.2 billion (up from $30.4 billion in 2024), net income of $5.0 billion and adjusted EPS of $6.31. In Q2 2026 it posted GAAP EPS of $1.38 and adjusted EPS of $1.43 versus $1.25 a year earlier, and reaffirmed 2026 adjusted EPS guidance of $6.55-$6.80 with 5%-7% annual growth targeted through 2030. The trade-off is leverage: the $103 billion capital plan is funded with debt, asset sales and roughly $10 billion of planned common equity in 2027-2030. Duke Energy Corporation is one of the largest electric power holding companies in the United States, commanding a market valuation generally exceeding $80 billion.
Revenue Trend Analysis
YoY Change
+6.2%
2-Year CAGR
+5.3%
Peak Year
2025
Trend
Not enough comparable years
Duke Energy Corporation has 3 full fiscal year figures on this page, compounding at +5.3% annually over 2 years. The most recent year saw a 6.2% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $32.2B. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2025 | $32.2B | +6.2% | data.sec.gov FY2025 regulated and unregulated operating revenue reported in SEC XBRL. |
| FY2024 | $30.4B | +4.5% | data.sec.gov FY2024 regulated and unregulated operating revenue reported in SEC XBRL. |
| FY2023 | $29.1B | — | data.sec.gov FY2023 regulated and unregulated operating revenue reported in SEC XBRL. |
Click any row to see year details.
Keep researching Duke Energy
Duke Energy Revenue and Financial FAQ
What are Duke Energy's annual revenues and adjusted earnings per share (EPS)?
Duke Energy reported $32.2 billion of revenue for 2025, up from $30.4 billion in 2024, with net income of $5.0 billion and adjusted EPS of $6.31. Guidance for 2026 adjusted EPS is $6.55-$6.80.
What is Duke Energy's five-year capital plan?
In February 2026 Duke raised its five-year capital plan by $6 billion to $103 billion for 2026-2030, focused on grid infrastructure and new generation, and expects it to support 5%-7% annual EPS growth through 2030.
What is Duke Energy's dividend track record and payout ratio?
Duke has paid quarterly cash dividends for about a century and raised its quarterly dividend to $1.085 per share in 2026, implying a yield near 3.8% at late-September 2026 prices.
How leveraged is Duke Energy?
Duke carried roughly $91 billion of total debt in mid-2026. It reported FFO-to-debt of 14.8% for 2025 and raised its long-term target to 15%, and plans about $10 billion of common equity issuance in 2027-2030.
Why did Duke Energy sell its Commercial Renewables business to Brookfield in 2023?
Duke Energy sold its non-regulated Commercial Renewables business to Brookfield Renewable for $2.8 billion in 2023 to eliminate unregulated merchant power market volatility, reduce corporate debt, and establish Duke Energy as a 100% pure-play regulated utility.
What is the authorized Return on Equity (ROE) across Duke Energy's utility jurisdictions?
Authorized returns on equity are set separately by each state commission and generally fall around 9.5% to 10.5% across Duke's utilities.
What is Duke Energy's market capitalization?
Duke Energy's market capitalization was about $91.6 billion in mid-September 2026, with shares trading near $112-$118 as the stock touched a 52-week low at the end of the month.
How does Duke Energy fund its $103 billion capital plan?
Through operating cash flow, utility and holding company debt, planned common equity, and capital recycling such as the $2.48 billion Piedmont Tennessee sale to Spire and Brookfield's $6 billion investment in Duke Energy Florida.
Why was Duke Energy fined for coal ash?
In 2014, a massive pipe collapse at a retired Duke Energy power plant spilled 39,000 tons of toxic coal ash into the Dan River. This triggered massive federal criminal investigations, resulting in Duke agreeing to multi-billion-dollar settlements and massive state-mandated cleanup costs that heavily impacted their financials.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Duke Energy Revenue & Financials." CorpDigest, https://corpdigest.com/company/duke-energy/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Duke Energy reported $32.2B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/duke-energy/financials" target="_blank" rel="noopener">CorpDigest — Duke Energy financials</a></div>Related Financial Audits
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