Duke Energy Corporation (DUK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
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 March 1, 2026, Duke Energy Corporation (DUK) generated trailing twelve-month (TTM) revenue of $31.79 billion, reflecting solid growth of +6.3% year-over-year. The most recent quarter (Q3 2025) recorded $8.67 billion in revenue, up 15.5% 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 XEL (+3.4% YoY), ETR (+9.0% YoY), and PEG (+18.3% YoY), DUK has underperformed the peer group in terms of revenue growth. Compare DUK vs XEL →
Peer Comparison
Compare DUK's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DUKCurrent | $31.8B | +6.3% | +6.6% | 26.6% | |
| XEL | $13.4B | +3.4% | +3.1% | 17.8% | |
| ETR | $12.9B | +9.0% | +5.1% | 23.6% | |
| PEG | $12.2B | +18.3% | +4.8% | 24.5% | |
| WEC | $9.8B | +14.0% | +6.2% | 24.2% | |
| AEE | $8.8B | +15.4% | +8.7% | 23.0% |
Historical Revenue Data
| 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% |
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Start ComparisonFrequently Asked Questions
Is DUK's revenue growth accelerating or slowing?
DUK maintains +6.3% revenue growth, in line with its 5-year CAGR of +6.6%. TTM revenue stands at $31.8B. 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 +6.3% 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.