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NYSE · Utilities

Duke Energy CORP (DUK)

As-reported financials and SEC filings for Duke Energy CORP. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Duke Energy CORP

Duke Energy is an energy company that provides retail electric service through its regulated public utilities in the Southeast and Midwest regions of the United States. It generates, transmits, distributes, and sells electricity to approximately 8.7 million customers across six states. The company operates a diverse generation portfolio primarily fueled by natural gas, nuclear, and coal, and serves residential, commercial, and industrial customers.

Snapshot

Revenue
$31.74B
Revenue growth (YoY)
5.6%
Net income
$4.97B
Diluted EPS
$6.31
Gross margin
Operating margin
27.2%
Net margin
15.7%
FCF margin
-5.3%
ROE
9.4%
net income / fiscal-year-end equity
P/E
18.0×
trailing when available, otherwise FY EPS
Market cap
$93.07B
Long-term debt / equity
1.51×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Duke Energy

  • Revenue grew 5.6% to $31.7B in FY2025, in line with the 4.8% the year before.
  • Operating margin is 27.2% in FY2025, +4.7 pp against 22.5% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $9.0B, up 9.5% from Q1 FY2025.
  • Free cash flow was negative $1.7B in FY2025.
  • Net income rose 9.8% to $5.0B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Duke Energy’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin27.2%
78th percentile of 86
Net margin15.7%
71st percentile of 91
FCF margin-5.3%
47th percentile of 76
Revenue growth (YoY)+5.6%
35th percentile of 94
ROE9.4%
59th percentile of 89
P/E18.0×
26th percentile of 83
Long-term debt / equity1.51×
73rd percentile of 84
Short interest4.77d
36th percentile of 98

No reported insider transactions (codes P/S) in the last 90 days. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$608.9M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$255.0M2.0MReduced
Renaissance TechnologiesquantQ2 2026$93.6M739.5KAdded
AQR Capital ManagementquantQ2 2026$70.8M559.1KReduced
Gotham Asset ManagementQ2 2026$60.7M479.3KReduced
Bridgewater AssociatesQ2 2026$56.0M442.1KNew
Two Sigma InvestmentsquantQ2 2026$27.2M215.0KReduced
D. E. ShawquantQ2 2026$24.0M189.6KAdded
Millennium ManagementquantQ2 2026$21.7M171.2KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-11
filed 2026-05-12
Renjel Louis E.EVP&CEO DEF&MW&ChiefCorpAffOffSell3.5K$125.15$438K
2026-05-08
filed 2026-05-11
Sideris Harry K.President, CEOSell20.0K$124.37$2.5M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
17.1M
settled 2026-08-31
Change vs prior
-4.0%
vs previous settlement
Days to cover
4.77
at avg daily volume
Avg daily volume
3.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-3117.1M-4.0%4.77
2026-08-1417.9M+8.8%3.15
2026-07-3116.4M-7.4%4.29
2026-07-1517.7M-1.5%4.93
2026-06-3018.0M+15.3%4.21
2026-06-1515.6M-0.1%4.80
2026-05-2915.6M-3.1%4.87
2026-05-1516.1M+11.6%4.78

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$31.74B$30.05B$28.67B$28.68B$24.49B
Gross profit
Operating income$8.63B$7.93B$7.07B$6.01B$5.50B
Net income$4.97B$4.52B$2.84B$2.55B$3.91B
Diluted EPS$6.31$5.71$3.54$3.17$4.94

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$245.0M$314.0M$253.0M$409.0M$341.0M
Current assets$11.61B$12.95B$12.77B$13.22B$9.94B
Total assets$195.74B$186.34B$176.89B$178.09B$169.59B
Current liabilities$21.05B$19.36B$17.28B$18.87B$15.93B
Long-term debt$80.11B$76.34B$72.45B$65.87B$60.45B
Total liabilities$142.72B$135.09B$126.71B$126.23B$118.45B
Total equity$53.02B$51.26B$50.19B$51.85B$51.14B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$12.33B$12.33B$9.88B$5.93B$8.29B
Capital expenditure$14.02B$12.28B$12.60B$11.37B$9.71B
Free cash flow$-1.69B$48.0M$-2.73B$-5.44B$-1.43B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$8.99B9.5%$1.55B$1.97
Q4 FY2025$7.77B7.4%$1.18B$1.52
Q3 FY2025$8.38B3.1%$1.42B$1.81
Q2 FY2025$7.37B3.1%$984.0M$1.25
Q1 FY2025$8.22B9.1%$1.38B$1.76
Q4 FY2024$7.24B1.6%$1.21B$1.56
Q3 FY2024$8.13B1.9%$1.28B$1.60
Q2 FY2024$7.15B10.5%$900.0M$1.13

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorUtilities
SIC industryElectric & Other Services Combined
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2019
SEC CIK1326160

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-K2025-02-27
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
10-Q2025-11-07
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-08-05
View on EDGAR →

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DUK head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.