Duke Energy Corporation (DUK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
DUK Revenue Growth
Revenue Breakdown (FY 2024)
DUK's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
DUK Revenue Analysis (2014–2025)
As of May 6, 2026, Duke Energy Corporation (DUK) generated trailing twelve-month (TTM) revenue of $33.29 billion, reflecting strong growth of +11.3% year-over-year. The most recent quarter (Q1 2026) recorded $9.18 billion in revenue, up 15.6% sequentially.
Looking at the longer-term picture, DUK's 5-year compound annual growth rate (CAGR) stands at +6.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $32.24 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows DUK's business is primarily driven by Electric Utilities and Infrastructure (92%), and Gas Utilities and Infrastructure (8%). With over half of revenue concentrated in Electric Utilities and Infrastructure, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including SO (+8.3% YoY), D (+17.1% YoY), and EXC (+6.1% YoY), DUK has underperformed the peer group in terms of revenue growth. Compare DUK vs SO →
DUK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DUKCurrent | $33.3B | +11.3% | +6.6% | 26.6% | |
 SO | $29.6B | +8.3% | +7.7% | 24.6% | |
 D | $16.5B | +17.1% | +3.1% | 26.7% | |
 EXC | $24.3B | +6.1% | -6.0% | 21.2% | |
 AEP | $21.8B | +8.3% | +7.9% | 24.3% | |
 PCG | $24.9B | +5.3% | +6.2% | 19.6% |
DUK Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $32.24B | +6.2% | $10.17B | 31.6% | $8.58B | 26.6% |
| 2024 | $30.36B | +4.5% | $15.20B | 50.1% | $7.93B | 26.1% |
| 2023 | $29.06B | +1.0% | $13.76B | 47.3% | $7.07B | 24.3% |
| 2022 | $28.77B | +16.8% | $12.98B | 45.1% | $6.01B | 20.9% |
| 2021 | $24.62B | +5.4% | $11.96B | 48.6% | $5.50B | 22.3% |
| 2020 | $23.37B | -6.8% | $11.35B | 48.6% | $4.57B | 19.6% |
| 2019 | $25.08B | +2.3% | $11.56B | 46.1% | $5.71B | 22.8% |
| 2018 | $24.52B | +4.1% | $10.53B | 42.9% | $4.68B | 19.1% |
| 2017 | $23.57B | +3.6% | $10.70B | 45.4% | $5.63B | 23.9% |
| 2016 | $22.74B | +1.7% | $9.63B | 42.3% | $5.20B | 22.9% |
Full DUK Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See DUK's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs DUK Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare DUK vs GEV
Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..
Start ComparisonDUK — Frequently Asked Questions
Quick answers to the most common questions about buying DUK stock.
Is DUK's revenue growth accelerating or slowing?
DUK maintains +11.3% revenue growth, in line with its 5-year CAGR of +6.6%. TTM revenue stands at $33.3B. Growth rate remains consistent with historical average.
What is DUK's long-term revenue growth rate?
Duke Energy Corporation's 5-year revenue CAGR of +6.6% reflects the sustained expansion pattern. Current YoY growth of +11.3% is near this long-term average.
How is DUK's revenue distributed by segment?
DUK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.