DUK Duke Energy

FY2025 10-K
Filed: Feb 26, 2026
Utilities
Electric & Other Services CombinedSEC EDGAR

Duke Energy (DUK) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Regulated electric (~8.7M customers, 6 states) and gas (~1.8M customers) utility serving Southeast/Midwest; earns regulated return on invested capital
  • $6B investment agreement signed Aug 2025 with Brookfield Super-Core Infrastructure Partners for anticipated 19.7% indirect stake in Duke Energy Florida
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Management Discussion & Analysis

  • EU&I revenue $29.4B (+$1.3B YoY); GU&I revenue $3.0B (+$613M); total driven by rate cases, storm recovery, and volume growth
  • GAAP EPS $6.31 vs $5.71; adjusted EPS $6.31 vs $5.90; EU&I segment income $5.34B vs $4.77B; EU&I ETR 13.7% vs 14.4%
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Risk Factors

  • EPA April 2024 rules impose stringent GHG limits on coal/gas plants and new CCR groundwater monitoring requirements under 2024 CCR Rule
  • Supply chain exposed to rare earth export controls and tariff-driven cost inflation delaying critical grid equipment procurement
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Financial Summary
XBRL

Revenue

$31.7B

Net Income

$5.0B

Operating Margin

27.2%

Net Margin

15.7%

ROE

9.6%

Total Assets

$195.7B

EPS (Diluted)

$6.31

Operating Cash Flow

$12.3B

Source: XBRL data from Duke Energy FY2025 10-K filing on SEC EDGAR. All figures in USD.

Other Duke Energy Annual Reports

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