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DUK

Utilities · Electric Utilities

Duke Energy: revenue, profit and dividends

In fiscal 2025, Duke Energy had revenue of $31.7B, up 3.6% a year on average since 2015, and net income of $4.97B (15.7% of revenue). Its dividend per share has gone up 10 years in a row, to $4.22. It has 12% more shares than in 2015.

Revenue, fiscal 2025

$31.7B+3.6% a year

average annual revenue growth since 2015 · +5.6% vs 2024

Net income, 2025
$4.97B
15.7% of revenue
Diluted EPS, 2025
$6.31
4.5% a year since 2015
Dividend per share, 2025
$4.22
raised 10 years in a row
Revenue growth, 5 years
6.4% a year
since 2020
Shares, 2025
777M
+12.0% since 2015
Free cash flow, 2025
−$1.69B
$12.3B from operations − $14B capex
Ticker
DUK · NYSE
Sector
Utilities
Sub-industry
Electric Utilities
Headquarters
Charlotte, North Carolina
Founded
1904
In the S&P 500 since
June 30, 1976
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Duke Energy CORP · CIK 0001326160

Revenue and net income

Revenue went from $12.7B in 2007 to $31.7B in 2025.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $3.54 in 2007 to $6.31 in 2025. Ten-year growth: 4.5% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 10 years in a row, every year from 2016 to 2025. Ten-year growth: 2.7% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

12.0% more shares in 2025 than in 2015 (694M → 777M): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was −$1.69B in 2025, −5.3% of revenue. Negative in 2008–2012, 2015–2023, 2025.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2025$31.7B$4.97B15.7%$6.31$4.22777M$12.3B$14B−$1.69B
2024$30.1B$4.52B15.1%$5.71$4.14772M$12.3B$12.3B$48M
2023$28.7B$2.84B9.9%$3.54$4.06771M$9.88B$12.6B−$2.73B
2022$28.7B$2.55B8.9%$3.17$3.98770M$5.93B$11.4B−$5.44B
2021$24.5B$3.91B16.0%$4.94$3.90769M$8.29B$9.71B−$1.43B
2020$23.3B$1.38B5.9%$1.72$3.82738M$8.86B$9.91B−$1.05B
2019$24.3B$3.75B15.4%$5.06$3.75729M$8.21B$11.1B−$2.91B
2018$23.8B$2.67B11.2%$3.76$3.64708M$7.19B$9.39B−$2.2B
2017$23.6B$3.06B13.0%$4.36$3.49700M$6.62B$8.05B−$1.43B
2016$22.7B$2.15B9.5%$3.11$3.36691M$6.86B$7.9B−$1.04B
2015$22.4B$2.82B12.6%$4.05$3.24694M$6.7B$6.77B−$66M
2014$22.5B$1.88B8.4%$2.66—707M$6.59B$5.38B$1.2B
2013$22.8B$2.67B11.7%$3.76$3.09706M$6.38B$5.53B$856M
2012$19.6B$1.77B9.0%$3.07$3.03575M$5.24B$5.5B−$257M
2011$14.5B$1.71B11.7%$3.83$2.97444M$3.67B$4.36B−$691M
2010$14.3B$1.32B9.2%$3.00$2.91440M$4.51B$4.8B−$292M
2009$12.7B$1.07B8.4%$2.49$2.82431M$3.46B$4.3B−$833M
2008$13.2B$1.36B10.3%$3.21$2.70422M$3.33B$4.39B−$1.06B
2007$12.7B$1.5B11.8%$3.54$2.58422M$3.21B$3.12B$83M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

Stock splits

Found in the filings; per-share figures and share counts on this page are on today’s share basis.

About these figures

Other Electric Utilities companies

All 31 Utilities companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.