Short answer
Duke Energy (DUK) filed its fiscal 2024 10-K annual report with the SEC on Feb 27, 2025. It reported revenue of $30.1B (+4.8% year over year) and net income of $4.5B.
- Top risk flagged: Regulatory risk from April 2024 EPA rules on GHG, air toxics, wastewater; may raise costs and jeopardize carbon-reduction timeline
FY2024 key financial metrics · XBRL
- Revenue
- $30.1B
- +4.8% YoY
- Net income
- $4.5B
- +59.2% YoY
- Operating margin
- 26.4%
- +1.7 pp YoY
- EPS (diluted)
- $5.71
- +61.3% YoY
- ROE
- 9.0%
- +3.2 pp YoY
- Operating cash flow
- $12.3B
- +24.8% YoY
Source: XBRL data from the Duke Energy (DUK) FY2024 10-K on SEC EDGAR. USD.
Duke Energy FY2024 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Electric power generation, transmission, and distribution primarily through regulated utilities
- No new products or business segments explicitly introduced or emphasized in 2025 filing
- Continued emphasis on long-term financing stability, maintaining $6B credit facility amended last in 2020
- Long-Term Incentive Plan updated in 2023, reflecting focus on executive compensation alignment
- Extensive incorporation by reference to prior agreements and settlements, no new material legal or regulatory changes disclosed
Management Discussion & Analysis
- MD&A section contains no financial data or performance metrics; primarily legal, contractual exhibits and signatures
- No revenue, profitability, margin, segment performance, cash flow, or capital allocation details disclosed
- No management outlook, guidance, or emerging risk commentary provided in this content
- Document focuses on agreements, amendments, and certifications related to Duke Energy and subsidiaries without operational results
Risk Factors
- Regulatory risk from April 2024 EPA rules on GHG, air toxics, wastewater; may raise costs and jeopardize carbon-reduction timeline
- Geopolitical threat of natural gas supply/pipeline disruptions from hurricanes, cyberattacks, or legislative actions affecting fuel availability
- Operational vulnerability from storm-related outages and restoration costs of hurricanes Helene and Milton in 2024 impacting financials
- Market disruption risk from increasing customer adoption of private solar, battery storage, and net energy metering reducing Duke's fixed cost recovery
- Financial risk from potential downgrade below investment grade causing higher borrowing costs, collateral requirements, and liquidity constraints
Generated from the filing text; verify against the original. How to read a 10-K
Other Duke Energy annual reports
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.