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DUK Financials Duke Energy

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 6.4% per year over the past 5 years.
  • Net income has grown faster than revenue (29.3% vs 6.4% per year).
  • Operating margin has expanded, at 27.2% in the latest year.

Financial health

  • Total debt ($89.8B) exceeds cash ($245M); net debt is $89.6B.
  • Total debt has grown in line with revenue (7.4% vs 6.4% per year).
  • Operating income covered interest expense 2.4× in the latest year, up from 2.2× 5 years ago.
  • Total debt is 5.5× EBITDA.
Revenue & net income
$0 $16B $32B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 36% 72% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 5% 10% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$5B -$2B $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $45B $90B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$14B -$1B $12B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $31.7B $5.0B 0.0% 27.2% 9.6% 2.5% -$1.7B $89.8B $245M
2024 $30.1B $4.5B 0.0% 26.4% 9.0% 2.4% $48M $84.3B $314M
2023 $28.7B $2.8B 0.0% 24.7% 5.8% 1.6% -$2.7B $79.5B $253M
2022 $28.7B $2.5B 0.0% 21.0% 5.2% 1.4% -$5.4B $73.7B $409M
2021 $24.5B $3.9B 0.0% 22.5% 7.9% 2.3% -$1.4B $67.1B $341M
2020 $23.3B $1.4B 0.0% 19.7% 2.9% 0.8% -$1.1B $62.7B $259M
2019 $24.3B $3.7B 72.0% 23.4% 8.0% 2.4% -$2.9B $61.3B $311M
2018 $23.8B $2.7B 71.2% 19.7% 6.1% 1.8% -$2.2B $57.9B $442M
2017 — $3.1B — — 7.3% 2.2% -$1.4B $54.4B $358M
2016 — $2.2B — — 5.2% 1.6% -$1.0B $50.4B $392M
2015 — $2.8B — — 7.1% 2.3% -$66M $42.5B $383M
2014 — $1.9B — — 4.6% 1.6% $1.2B $42.4B $463M
2013 — $2.7B — — 6.4% 2.3% $856M $41.1B $476M
2012 — $1.8B — — 4.3% 1.6% -$257M $41.3B $1.4B
2011 — $1.7B — — 7.5% 2.7% -$691M $20.7B $2.1B

Valuation over time

How the market has priced DUK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 16.1 32.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.6 3.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 2.3 4.6 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is DUK growing its revenue and profit?

Over the past 5 years, Duke Energy's revenue has grown 6.4% per year, and net income grown 29.3% per year. These are computed facts, not advice.

How much debt does DUK have?

As of FY2025, Duke Energy reported $89.8B of total debt against $245M of cash; operating income covered interest expense 2.4×.

What is DUK's profit margin?

In FY2025, gross margin was —, operating margin 27.2%, and net margin 15.7%.

What is DUK's P/E ratio?

Duke Energy's P/E (TTM) is 19.48 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DUK stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 20.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.