COVERAGE / DUK / Utilities

Duke Energy CORP

Electric & Other Services Combined

COVERAGE STATUSACTIVE

DATA THROUGH2025-12-31

RESEARCH REPORTS2

SELECTED FILINGS1

Fundamental matrix

Latest / 2025-12-31 · Prior / 2024-12-31 · USD · Annual periods

Revenue

$31.74bn

Prior / $30.05bn

Change / +5.63%

SOURCE / 2026-02-26

Operating income

$8.63bn

Prior / $7.93bn

Change / +8.83%

SOURCE / 2026-02-26

Net income

$4.97bn

Prior / $4.52bn

Change / +9.81%

SOURCE / 2026-02-26

Diluted EPS

$6.31

Prior / $5.71

Change / +10.51%

SOURCE / 2026-02-26

Free cash flow

$-1.69bn

Prior / $0.05bn

Change / -3629.17%

SOURCE / 2026-02-26

Gross margin

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

Operating margin

27.18%

Prior / 26.38%

Change / +0.80 pp

SOURCE / 2026-02-26

Return on avg. equity

9.74%

Prior / 9.12%

Change / +0.63 pp

SOURCE / 2026-02-26

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 31741000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 4968000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "frame": "CY2025",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 8626000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 6.31,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 12330000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 14024000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 195736000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 51842000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 11613000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 21047000000,
    "accn": "0001326160-26-000014",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-26",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2025-12-31	$31.74bn	$4.97bn	$-1.69bn	$6.31
2024-12-31	$30.05bn	$4.52bn	$0.05bn	$5.71
2023-12-31	$28.67bn	$2.84bn	$-2.73bn	$3.54
2022-12-31	$28.68bn	$2.55bn	$-5.44bn	$3.17

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2025-12-31. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	18.79x	Unavailable	20.46x	6
P/S	Unavailable	Unavailable	3.42x	3
P/B	Unavailable	Unavailable	2.13x	3
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	Unavailable	Unavailable	1.38%	1

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 118.54,
  "tradingDate": "2026-09-17",
  "marketCap": null,
  "source": "Yahoo Finance completed daily-bar snapshot; not live"
}

Company & operating context

Duke Energy CORP is an SEC-reporting issuer listed on NYSE under DUK. Its SEC industry description is Electric & Other Services Combined. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Regulated networks and generation businesses have different exposure to tariffs, commodity costs and investment cycles.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

10-KFILED / 2026-02-26PERIOD / 2025-12-31

Annual-disclosure reading guide for DUK: Capital expenditure, allowed returns, financing needs and operating cash flow. Filing metadata only; this note is not a substantive review of the full document.

ORIGINAL SEC DISCLOSURE ↗

Research archive

HR-0055DUKEarnings Review

DUK: the annual earnings and cash-flow comparison ↗

Duke Energy CORP

Research abstract

A two-period review of DUK revenue, profitability and cash conversion; reported revenue growth was 5.63%.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

HR-0056DUKCompany Research

DUK: reading the FY2025 financial structure ↗

Duke Energy CORP

Research abstract

Annual revenue of USD 31.741 billion and net income of USD 4.968 billion for the period ended 2025-12-31.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Rate decisions, financing costs, weather, asset reliability and large construction projects.

Capital expenditure, allowed returns, financing needs and operating cash flow.

UTILITIES SYSTEM ↗

Sources & dates

SEC annual filing · 2025-12-31 ↗Source date 2026-02-26
SEC annual filing · 2024-12-31 ↗Source date 2026-02-26
SEC annual filing · 2023-12-31 ↗Source date 2026-02-26
SEC annual filing · 2022-12-31 ↗Source date 2025-02-27
SEC issuer record ↗Source date 2026-09-18