What is Duke Energy Corp's earnings per share (EPS)?

Duke Energy Corp (DUKB) reported diluted earnings per share of $6.31 for fiscal year 2025. This represents a 10.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Duke Energy Corp Financials

DUKB

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Duke Energy Corp (DUKB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 41/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Duke Energy Corp has an operating margin of 27.2%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 83/100, reflecting efficient cost management and pricing power. This is up from 26.4% the prior year.

Growth

Duke Energy Corp's revenue grew 5.6% year-over-year to $31.7B, a solid pace of expansion. This earns a growth score of 43/100.

Leverage

Duke Energy Corp carries a low D/E ratio of 1.55, meaning only $1.55 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 71/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Duke Energy Corp's current ratio of 0.55 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 5/100, which could limit financial flexibility.

Cash Flow

While Duke Energy Corp generated $12.3B in operating cash flow, capex of $14.0B consumed most of it, leaving -$1.7B in free cash flow. This results in a low score of 12/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Duke Energy Corp's ROE of 9.6% shows moderate profitability relative to equity, earning a score of 32/100. This is up from 9.0% the prior year.

Piotroski F-Score Neutral

6/9

Duke Energy Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.48x

For every $1 of reported earnings, Duke Energy Corp generates $2.48 in operating cash flow ($12.3B OCF vs $5.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.4x

Duke Energy Corp earns $2.4 in operating income for every $1 of interest expense ($8.6B vs $3.6B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$31.7B

YoY+5.6%

5Y CAGR+6.4%

10Y CAGR+3.6%

Duke Energy Corp generated $31.7B in revenue in fiscal year 2025. This represents an increase of 5.6% from the prior year.

EBITDA

$16.3B

YoY+13.8%

5Y CAGR+10.2%

10Y CAGR+6.5%

Duke Energy Corp's EBITDA was $16.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 13.8% from the prior year.

Net Income

$5.0B

YoY+9.8%

5Y CAGR+29.3%

10Y CAGR+5.8%

Duke Energy Corp reported $5.0B in net income in fiscal year 2025. This represents an increase of 9.8% from the prior year.

EPS (Diluted)

$6.31

YoY+10.5%

5Y CAGR+29.7%

10Y CAGR+4.5%

Duke Energy Corp earned $6.31 per diluted share (EPS) in fiscal year 2025. This represents an increase of 10.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$1.7B

YoY-3629.2%

Duke Energy Corp generated -$1.7B in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 3629.2% from the prior year.

Cash & Debt

$245.0M

YoY-22.0%

5Y CAGR-1.1%

10Y CAGR-4.4%

Duke Energy Corp held $245.0M in cash against $80.1B in long-term debt as of fiscal year 2025.

Dividends Per Share

$4.22

YoY+1.9%

5Y CAGR+2.0%

10Y CAGR+2.7%

Duke Energy Corp paid $4.22 per share in dividends in fiscal year 2025. This represents an increase of 1.9% from the prior year.

Shares Outstanding

778M

YoY+0.2%

5Y CAGR+0.2%

10Y CAGR+1.2%

Duke Energy Corp had 778M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

27.2%

YoY+0.8pp

5Y CAGR+7.5pp

10Y CAGR+4.5pp

Duke Energy Corp's operating margin was 27.2% in fiscal year 2025, reflecting core business profitability. This is up 0.8 percentage points from the prior year.

Net Margin

15.7%

YoY+0.6pp

5Y CAGR+9.7pp

10Y CAGR+3.1pp

Duke Energy Corp's net profit margin was 15.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.

Return on Equity

9.6%

YoY+0.5pp

5Y CAGR+6.7pp

10Y CAGR+2.5pp

Duke Energy Corp's ROE was 9.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$14.0B

YoY+14.2%

5Y CAGR+7.2%

10Y CAGR+7.6%

Duke Energy Corp invested $14.0B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 14.2% from the prior year.

DUKB Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$31.7B+5.6%	$30.1B+4.8%	$28.7B0.0%	$28.7B+17.1%	$24.5B+5.3%	$23.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	$6.1B
Gross Profit	N/A	N/A	N/A	N/A	N/A	$17.2B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$8.6B+8.8%	$7.9B+12.1%	$7.1B+17.6%	$6.0B+9.3%	$5.5B+20.3%	$4.6B
Interest Expense	$3.6B+7.4%	$3.4B+12.3%	$3.0B+23.6%	$2.4B+10.5%	$2.2B+5.2%	$2.1B
Income Tax	$642.0M+8.8%	$590.0M+34.7%	$438.0M+46.0%	$300.0M+11.9%	$268.0M+258.6%	-$169.0M
Net Income	$5.0B+9.8%	$4.5B+59.2%	$2.8B+11.4%	$2.5B-34.7%	$3.9B+183.8%	$1.4B
EPS (Diluted)	$6.31+10.5%	$5.71+61.3%	$3.54+11.7%	$3.17-35.8%	$4.94+187.2%	$1.72

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$7.8B-7.2%	$8.4B+13.6%	$7.4B-10.3%	$8.2B+13.5%	$7.2B-10.9%	$8.1B+13.6%	$7.2B-5.1%	$7.5B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$2.1B-9.2%	$2.3B+27.5%	$1.8B-21.9%	$2.3B+10.9%	$2.1B-1.5%	$2.1B+25.6%	$1.7B-13.0%	$2.0B
Interest Expense	$946.0M+4.9%	$902.0M+0.6%	$897.0M+0.9%	$889.0M+2.1%	$871.0M-0.1%	$872.0M+5.8%	$824.0M+0.9%	$817.0M
Income Tax	$154.0M-12.5%	$176.0M+47.9%	$119.0M-38.3%	$193.0M+77.1%	$109.0M-33.1%	$163.0M+16.4%	$140.0M-21.3%	$178.0M
Net Income	$1.2B-16.7%	$1.4B+44.4%	$984.0M-28.6%	$1.4B+14.4%	$1.2B-5.9%	$1.3B+42.3%	$900.0M-20.9%	$1.1B
EPS (Diluted)	N/A	$1.81+44.8%	$1.25-29.0%	$1.76	N/A	$1.60+41.6%	$1.13-21.5%	$1.44

DUKB Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$195.7B+5.0%	$186.3B+5.3%	$176.9B-0.7%	$178.1B+5.0%	$169.6B+4.4%	$162.4B
Current Assets	$11.6B-10.3%	$12.9B+1.4%	$12.8B-3.4%	$13.2B+33.0%	$9.9B+14.5%	$8.7B
Cash & Equivalents	$245.0M-22.0%	$314.0M+24.1%	$253.0M-38.1%	$409.0M+19.9%	$341.0M+31.7%	$259.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$16.0M-99.2%	$1.9B-37.4%	$3.0B-2.8%	$3.1B+27.5%	$2.4B+13.7%	$2.1B
Goodwill	$19.0B0.0%	$19.0B-1.5%	$19.3B0.0%	$19.3B0.0%	$19.3B0.0%	$19.3B
Total Liabilities	$143.9B+5.6%	$136.2B+6.6%	$127.8B-0.8%	$128.8B+7.0%	$120.3B+5.1%	$114.4B
Current Liabilities	$21.0B+8.7%	$19.4B+12.0%	$17.3B-8.4%	$18.9B+18.5%	$15.9B-2.3%	$16.3B
Long-Term Debt	$80.1B+4.9%	$76.3B+5.4%	$72.5B+10.0%	$65.9B+9.0%	$60.4B+8.7%	$55.6B
Total Equity	$51.8B+3.4%	$50.1B+2.1%	$49.1B-0.4%	$49.3B+0.1%	$49.3B+2.8%	$48.0B
Retained Earnings	$5.1B+47.4%	$3.4B+53.5%	$2.2B-15.2%	$2.6B-19.2%	$3.3B+32.1%	$2.5B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$195.7B+1.8%	$192.3B+1.4%	$189.7B+1.2%	$187.5B+0.6%	$186.3B+1.5%	$183.6B+1.1%	$181.6B+1.6%	$178.7B
Current Assets	$11.6B-4.9%	$12.2B+0.5%	$12.1B-4.9%	$12.8B-1.4%	$12.9B+6.7%	$12.1B-3.3%	$12.6B+3.9%	$12.1B
Cash & Equivalents	$245.0M-64.4%	$688.0M+100.0%	$344.0M-27.6%	$475.0M+51.3%	$314.0M-16.5%	$376.0M-3.6%	$390.0M-15.0%	$459.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$16.0M+33.3%	$12.0M+9.1%	$11.0M+10.0%	$10.0M-99.5%	$1.9B-4.2%	$2.0B-1.9%	$2.0B+22.1%	$1.6B
Goodwill	$19.0B0.0%	$19.0B-1.5%	$19.3B0.0%	$19.3B+1.5%	$19.0B-1.5%	$19.3B0.0%	$19.3B0.0%	$19.3B
Total Liabilities	$143.9B+2.2%	$140.8B+1.4%	$138.8B+1.5%	$136.8B+0.4%	$136.2B+1.3%	$134.4B+1.9%	$131.9B+2.1%	$129.1B
Current Liabilities	$21.0B+8.5%	$19.4B+5.4%	$18.4B+10.7%	$16.6B-14.1%	$19.4B+11.1%	$17.4B+12.6%	$15.5B-0.4%	$15.5B
Long-Term Debt	$80.1B+1.0%	$79.3B+0.5%	$78.9B-1.0%	$79.7B+4.4%	$76.3B-0.2%	$76.5B+0.1%	$76.4B+1.9%	$75.0B
Total Equity	$51.8B+0.7%	$51.5B+1.1%	$50.9B+0.4%	$50.7B+1.1%	$50.1B+2.0%	$49.1B-1.2%	$49.7B+0.3%	$49.6B
Retained Earnings	$5.1B+7.2%	$4.7B+13.9%	$4.1B+3.9%	$4.0B+16.2%	$3.4B+12.4%	$3.1B+15.8%	$2.6B+3.7%	$2.5B

DUKB Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$12.3B0.0%	$12.3B+24.8%	$9.9B+66.7%	$5.9B-28.5%	$8.3B-6.4%	$8.9B
Capital Expenditures	$14.0B+14.2%	$12.3B-2.6%	$12.6B+10.9%	$11.4B+17.0%	$9.7B-1.9%	$9.9B
Free Cash Flow	-$1.7B-3629.2%	$48.0M+101.8%	-$2.7B+49.9%	-$5.4B-281.8%	-$1.4B-35.6%	-$1.1B
Investing Cash Flow	-$14.3B-9.3%	-$13.1B-5.2%	-$12.5B-4.2%	-$12.0B-9.5%	-$10.9B-3.1%	-$10.6B
Financing Cash Flow	$1.9B+127.0%	$859.0M-63.5%	$2.4B-61.6%	$6.1B+134.9%	$2.6B+50.7%	$1.7B
Dividends Paid	$3.3B+2.7%	$3.2B+2.1%	$3.1B-1.3%	$3.2B+2.1%	$3.1B+10.7%	$2.8B
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$3.7B+0.7%	$3.6B+26.9%	$2.9B+31.5%	$2.2B-35.5%	$3.4B-4.2%	$3.5B+19.3%	$3.0B+19.4%	$2.5B
Capital Expenditures	$4.1B+20.0%	$3.5B+5.3%	$3.3B+4.2%	$3.1B+1.9%	$3.1B+3.4%	$3.0B-0.3%	$3.0B-6.6%	$3.2B
Free Cash Flow	-$485.0M-370.9%	$179.0M+142.9%	-$417.0M+57.1%	-$971.0M-437.2%	$288.0M-46.4%	$537.0M+1348.8%	-$43.0M+94.1%	-$734.0M
Investing Cash Flow	-$4.4B-17.5%	-$3.7B-25.2%	-$3.0B+10.2%	-$3.3B-0.9%	-$3.3B+0.1%	-$3.3B-1.3%	-$3.2B+3.3%	-$3.3B
Financing Cash Flow	$328.0M-13.0%	$377.0M+5285.7%	$7.0M-99.4%	$1.2B+1045.0%	-$131.0M+53.9%	-$284.0M-215.9%	$245.0M-76.2%	$1.0B
Dividends Paid	$830.0M-0.1%	$831.0M+2.0%	$815.0M+0.1%	$814.0M+0.2%	$812.0M+0.7%	$806.0M+1.5%	$794.0M+0.3%	$792.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

DUKB Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	74.0%
Operating Margin	27.2%+0.8pp	26.4%+1.7pp	24.7%+3.7pp	21.0%-1.5pp	22.5%+2.8pp	19.7%
Net Margin	15.7%+0.6pp	15.0%+5.1pp	9.9%+1.0pp	8.9%-7.1pp	16.0%+10.0pp	5.9%
Return on Equity	9.6%+0.5pp	9.0%+3.3pp	5.8%+0.6pp	5.2%-2.8pp	7.9%+5.1pp	2.9%
Return on Assets	2.5%+0.1pp	2.4%+0.8pp	1.6%+0.2pp	1.4%-0.9pp	2.3%+1.4pp	0.9%
Current Ratio	0.55-0.1	0.67-0.1	0.74+0.0	0.70+0.1	0.62+0.1	0.53
Debt-to-Equity	1.55+0.0	1.52+0.0	1.48+0.1	1.34+0.1	1.23+0.1	1.16
FCF Margin	-5.3%-5.5pp	0.2%+9.7pp	-9.5%+9.5pp	-19.0%-13.2pp	-5.8%-1.3pp	-4.5%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	27.3%-0.6pp	27.9%+3.0pp	24.8%-3.7pp	28.5%-0.7pp	29.2%+2.8pp	26.4%+2.5pp	23.9%-2.2pp	26.1%
Net Margin	15.2%-1.7pp	17.0%+3.6pp	13.4%-3.4pp	16.8%+0.1pp	16.6%+0.9pp	15.8%+3.2pp	12.6%-2.5pp	15.1%
Return on Equity	2.3%-0.5pp	2.8%+0.8pp	1.9%-0.8pp	2.7%+0.3pp	2.4%-0.2pp	2.6%+0.8pp	1.8%-0.5pp	2.3%
Return on Assets	0.6%-0.1pp	0.7%+0.2pp	0.5%-0.2pp	0.7%+0.1pp	0.7%-0.1pp	0.7%+0.2pp	0.5%-0.1pp	0.6%
Current Ratio	0.55-0.1	0.63-0.0	0.66-0.1	0.77+0.1	0.67-0.0	0.70-0.1	0.81+0.0	0.78
Debt-to-Equity	1.550.0	1.540.0	1.55-0.0	1.57+0.1	1.52-0.0	1.56+0.0	1.54+0.0	1.51
FCF Margin	-6.2%-8.4pp	2.1%+7.8pp	-5.7%+6.2pp	-11.8%-15.8pp	4.0%-2.6pp	6.6%+7.2pp	-0.6%+9.2pp	-9.8%

Note: The current ratio is below 1.0 (0.55), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Duke Energy Corp's annual revenue?

Duke Energy Corp (DUKB) reported $31.7B in total revenue for fiscal year 2025. This represents a 5.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Duke Energy Corp's revenue growing?

Duke Energy Corp (DUKB) revenue grew by 5.6% year-over-year, from $30.1B to $31.7B in fiscal year 2025.

Is Duke Energy Corp profitable?

Yes, Duke Energy Corp (DUKB) reported a net income of $5.0B in fiscal year 2025, with a net profit margin of 15.7%.

What is Duke Energy Corp's EBITDA?

Duke Energy Corp (DUKB) had EBITDA of $16.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Duke Energy Corp have?

As of fiscal year 2025, Duke Energy Corp (DUKB) had $245.0M in cash and equivalents against $80.1B in long-term debt.

What is Duke Energy Corp's operating margin?

Duke Energy Corp (DUKB) had an operating margin of 27.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Duke Energy Corp's net profit margin?

Duke Energy Corp (DUKB) had a net profit margin of 15.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Duke Energy Corp pay dividends?

Yes, Duke Energy Corp (DUKB) paid $4.22 per share in dividends during fiscal year 2025.

What is Duke Energy Corp's return on equity (ROE)?

Duke Energy Corp (DUKB) has a return on equity of 9.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Duke Energy Corp's free cash flow?

Duke Energy Corp (DUKB) generated -$1.7B in free cash flow during fiscal year 2025. This represents a -3629.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Duke Energy Corp's operating cash flow?

Duke Energy Corp (DUKB) generated $12.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Duke Energy Corp's total assets?

Duke Energy Corp (DUKB) had $195.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Duke Energy Corp's capital expenditures?

Duke Energy Corp (DUKB) invested $14.0B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Duke Energy Corp have outstanding?

Duke Energy Corp (DUKB) had 778M shares outstanding as of fiscal year 2025.

What is Duke Energy Corp's current ratio?

Duke Energy Corp (DUKB) had a current ratio of 0.55 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Duke Energy Corp's debt-to-equity ratio?

Duke Energy Corp (DUKB) had a debt-to-equity ratio of 1.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Duke Energy Corp's return on assets (ROA)?

Duke Energy Corp (DUKB) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Duke Energy Corp's Piotroski F-Score?

Duke Energy Corp (DUKB) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Duke Energy Corp's earnings high quality?

Duke Energy Corp (DUKB) has an earnings quality ratio of 2.48x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Duke Energy Corp cover its interest payments?

Duke Energy Corp (DUKB) has an interest coverage ratio of 2.4x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Duke Energy Corp?

Duke Energy Corp (DUKB) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.