DUKE ENERGY CORP
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 89,836 | 63.4 |
| Stockholders' equity | 51,842 | 36.6 |
| Total capitalization | 141,678 | 100.0 |
779,596,217 shares outstanding at 30 April 2026 (cover page of the 10-Q filed 5 May 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 87,212 |
| Long-term debt, noncurrent | 80,108 |
| Current maturities | 7,104 |
| Short-term borrowings / commercial paper | 2,624 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 2,000,000,000 |
| Par or stated value per share ($) | 0.001 |
| Outstanding at 4/30/26 | 779,596,217 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 4.22 | 66.9 |
| 2024 | 4.14 | 72.5 |
| 2023 | 4.06 | 114.7 |
| 2022 | 3.98 | 125.6 |
| 2021 | 3.90 | 78.9 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as Duke Energy Holding Corp. (to 3 April 2006); Deer Holding Corp. (to 22 June 2005).
BUSINESS: Classified by the SEC under Standard Industrial Classification 4931, Electric & Other Services Combined. Large accelerated filer. Principal executive office: 525 South Tryon Street, Charlotte, NC 28202-1803. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Operating revenues | 31,741 | 30,050 | 28,674 |
| Operation and maintenance | 6,698 | 5,389 | 5,625 |
| Depreciation and amortization | 7,704 | 6,419 | 6,084 |
| Taxes other than income taxes | 1,597 | 1,466 | 1,400 |
| Total operating expenses | 23,656 | 22,457 | 22,042 |
| Operating income | 8,626 | 7,926 | 7,070 |
| Interest charges | 3,634 | 3,384 | 3,014 |
| Income before income taxes | 5,712 | 5,194 | 4,767 |
| Income taxes | 642 | 590 | 438 |
| Net income | 4,968 | 4,524 | 2,841 |
| Earned per share, diluted ($) | 6.31 | 5.71 | 3.54 |
| Dividends per share ($) | 4.22 | 4.14 | 4.06 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Utility plant, net | 129,959 | 121,626 |
| Cash and equivalents | 245 | 314 |
| Total current assets | 11,613 | 12,950 |
| Regulatory assets | 14,379 | 14,220 |
| Total assets | 195,736 | 186,343 |
| Total current liabilities | 21,047 | 19,357 |
| Long-term debt | 80,108 | 76,340 |
| Regulatory liabilities | 15,682 | 14,521 |
| Common stockholders' equity | 51,842 | 50,127 |
| Total capitalization and liabilities | 195,736 | 186,343 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 31,741 | 8,626 | 4,968 | 15.7 | 6.31 | 4.22 | 12,330 | 14,024 | (1,694) | 195,736 | 142,717d | 89,836 | 51,842 | 9.6 | 1.73 |
| 12/31/24 | 30,050 | 7,926 | 4,524 | 15.1 | 5.71 | 4.14 | 12,328 | 12,280 | 48 | 186,343 | 135,087d | 84,273 | 50,127 | 9.0 | 1.68 |
| 12/31/23 | 28,674 | 7,070 | 2,841 | 9.9 | 3.54 | 4.06 | 9,878 | 12,604 | (2,726) | 176,893 | 126,706d | 79,540 | 49,112 | 5.8 | 1.62 |
| 12/31/22 | 28,675 | 6,012 | 2,550 | 8.9 | 3.17 | 3.98 | 5,927 | 11,367 | (5,440) | 178,086 | 126,233d | 73,703 | 49,322 | 5.2 | 1.49 |
| 12/31/21 | 24,486 | 5,500 | 3,908 | 16.0 | 4.94 | 3.90 | 8,290 | 9,715 | (1,425) | 169,587 | 118,451d | 67,139 | 49,296 | 7.9 | 1.36 |
| 12/31/20 | 23,253 | 4,571 | 1,377 | 5.9 | 1.72 | 3.82 | 8,856 | 9,907 | (1,051) | 162,388 | 113,204d | 62,736 | 47,964 | 2.9 | 1.31 |
| 12/31/19 | 24,348 | 5,709 | 3,748 | 15.4 | 5.06 | 3.75 | 8,209 | 11,122 | (2,913) | 158,838 | 110,887d | 61,261 | 46,822 | 8.0 | 1.31 |
| 12/31/18 | 23,757 | 4,685 | 2,666 | 11.2 | 3.76 | 3.64 | 7,186 | 9,389 | (2,203) | 145,392 | 101,558d | 57,939 | 43,817 | 6.1 | 1.32 |
| 12/31/17 | 23,565 | 5,625 | 3,059 | 13.0 | 4.36 | 3.49 | 6,624 | 8,052 | (1,428) | 137,914 | 96,177d | 54,442 | 41,739 | 7.3 | 1.30 |
| 12/31/16 | 22,743 | 5,202 | 2,152 | 9.5 | 3.11 | 3.36 | 6,863 | 7,901 | (1,038) | 132,761 | 91,720d | 50,382 | 41,033 | 5.2 | 1.23 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Duke Energy CORP
CIK 1326160 · EIN 20-2777218
PRINCIPAL OFFICE:
525 South Tryon Street, Charlotte, NC 28202-1803
Tel.: 800-488-3853
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
4931 · Electric & Other Services Combined
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 26 February 2026
FORMER NAMES:
Duke Energy Holding Corp.; Deer Holding Corp.
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/26/26) · 10-K FY2024 (filed 2/27/25) · 10-K FY2023 (filed 2/23/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/20/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.