OverviewSuggest Edit

Duke Energy is an electric power holding company. It operates through three business segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure and Commercial Renewables. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution, and sale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. The Gas Utilities and Infrastructure segment conducts natural gas operations and serves residential, commercial, industrial, and power generation natural gas customers. The Commercial Renewables segment acquires, develops, builds, operates, and owns wind and solar renewable generation. Its portfolio includes nonregulated renewable energy and energy storage businesses.

TypePublic
Founded1904
HQCharlotte, NC, US
Websiteduke-energy.com
Employee Ratings4
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2020)27,535(-4%)
Job Openings46
Revenue (FY, 2020)$23.9 B(-4%)
Share Price (Jul 2021)$102.9
Cybersecurity ratingBMore

Key People/Management at Duke Energy

Lynn J. Good

Lynn J. Good

Chair, President and Chief Executive Officer
Kodwo Ghartey-Tagoe

Kodwo Ghartey-Tagoe

Executive Vice President, Chief Legal Officer and Corporate Secretary
Douglas F Esamann

Douglas F Esamann

Executive Vice President, Energy Solutions and President, Midwest and Florida Regions and Natural Gas Business
Dhiaa M. Jamil

Dhiaa M. Jamil

Executive Vice President and Chief Operating Officer
Steven K. Young

Steven K. Young

Executive Vice President and Chief Financial Officer
Michael P. Callahan

Michael P. Callahan

State President – South Carolina
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Duke Energy Office Locations

Duke Energy has offices in Charlotte, Cincinnati, Raleigh, St. Petersburg and in 1 other location
Charlotte, NC, US (HQ)
550 S Tryon St
Charlotte, NC, US
526 S Church St
Cincinnati, OH, US
139 E 4th St
Raleigh, NC, US
410 S Wilmington St
St. Petersburg, FL, US
299 1st Ave N
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Duke Energy Financials and Metrics

Duke Energy Revenue

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Duke Energy's revenue was reported to be $23.87 b in FY, 2020 which is a 4.8% decrease from the previous period.
USD

Revenue (FY, 2020)

23.9b

Revenue growth (FY, 2019 - FY, 2020), %

(4.8%)

Gross profit (FY, 2020)

17.8b

Gross profit margin (FY, 2020), %

74.6%

Net income (FY, 2020)

1.1b

EBIT (FY, 2020)

4.6b

Market capitalization (22-Jul-2021)

79.4b

Closing stock price (22-Jul-2021)

102.9

Cash (31-Dec-2020)

259.0m

EV

143.7b
Duke Energy's current market capitalization is $79.4 b.
USDFY, 2018FY, 2019FY, 2020

Revenue

24.5b25.1b23.9b

Revenue growth, %

4%2%(5%)

Cost of goods sold

7.5b6.8b6.1b

Gross profit

17.0b18.3b17.8b
USDFY, 2018FY, 2019FY, 2020

Cash

442.0m311.0m259.0m

Accounts Receivable

2.2b2.0b3.2b

Inventories

3.1b3.2b3.2b

Current Assets

9.7b9.2b8.7b
USDFY, 2018FY, 2019FY, 2020

Net Income

2.6b3.6b1.1b

Depreciation and Amortization

4.7b5.2b5.5b

Inventories

156.0m(122.0m)66.0m

Accounts Payable

479.0m(164.0m)(21.0m)
USDFY, 2018

EV/EBIT

25.8 x

EV/CFO

16.8 x

Revenue/Employee

815.1k

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.3 x

P/E Ratio

23.0
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Duke Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Piedmont Natural Gas CompanyOctober 26, 2015$4.9 b
Phoenix Energy TechnologiesOctober 22, 2015

Duke Energy Revenue Breakdown

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Duke Energy revenue breakdown by business segment: 91.0% from Electric Utilities and Infrastructure, 6.9% from Gas Utilities and Infrastructure and 2.1% from Other

Duke Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Duke Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Duke Energy Online and Social Media Presence

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Duke Energy Company Culture

  • Overall Culture

    B-

    77/100

  • CEO Rating

    F

    50/100

  • Compensation

    A+

    100/100

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Duke Energy News and Updates

Global Nuclear Electricity Market Report 2021-2030 Featuring EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA and NextEra Energy, Inc

Dublin, July 20, 2021 (GLOBE NEWSWIRE) -- The "Nuclear Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. Nuclear Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategis…

Duke Energy used computer vision and robots to cut costs by $74M

More power to AI: Duke Energy used computer vision and robots to improve processes and cut costs by $74 million.

Duke Energy to announce second-quarter 2021 financial results on Aug. 5

CHARLOTTE, N.C., July 14, 2021 /PRNewswire/ -- Duke Energy will announce its second-quarter 2021 financial results at 7 a.m. ET on Thursday, Aug. 5 in a news release to be posted on the company's website at duke-energy.com/investors. An earnings conference call for analysts is scheduled...

Daily Dividend Report: Conagra Brands, Fastenal, Baxter International, AON, Duke Energy

The Company's new quarterly dividend payment of $0.3125 per share of Conagra common stock will be paid on September 2, 2021 to stockholders of record as of the close of business on August 3, 2021.

Duke Energy Florida urges customers to prepare for Tropical Storm Elsa

ST. PETERSBURG, Fla., July 4, 2021 /PRNewswire/ -- Duke Energy Florida is preparing for Tropical Storm Elsa and is urging customers to prepare as well. Company meteorologists are tracking the storm and crews are preparing to safely and quickly respond if the storm impacts Duke Energy...

Duke Energy Foundation grants seek to expand broadband internet access in Indiana's underserved areas

PLAINFIELD, Ind., June 9, 2021 /PRNewswire/ -- Two Duke Energy Foundation grants totaling more than $113,000 will help improve broadband internet access in underserved areas in 15 Indiana counties. The foundation has awarded a grant of $100,000 to the Purdue Center for Regional...
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Duke Energy Blogs

Duke Energy Florida restores more than 75,000 customer outages in the Panhandle following Hurricane Michael rebuilding efforts continue

Nearly 3,800 customers in Gulf and Bay counties are unable to receive power due to the loss or destruction of their homes or businesses Duke Energy Florida had about 33,600 customer outages at the peak of the storm ST. PETERSBURG, Fla. -- Duke Energy Florida has restored power to all customer…

Power restoration to Duke Energy’s Florida customers continues after Hurricane Michael; company provides updated information

ST. PETERSBURG, Fla. – About 4,000 repair workers today continued to restore power to Duke Energy customers on the Florida Panhandle following Hurricane Michael. About 14,800 customers remained without power as of 4:30 p.m.  The company has repaired more than 62,000 outages. About 77,700 Duke Ener…

Duke Energy provides information about power restoration for Florida customers impacted by Hurricane Michael

ST. PETERSBURG, Fla. -- Duke Energy tonight provided additional information about power restoration for Florida customers impacted by Hurricane Michael. Damage assessment and repairs to the electric system are continuing in all areas that crews are able to access. The hurricane damaged numerous …

Duke Energy provides information about power restoration for Carolinas customers following Tropical Storm Michael

CHARLOTTE, N.C. – Duke Energy today provided information about power restoration for North Carolina and South Carolina customers impacted by Tropical Storm Michael. Damage assessment and repairs to the electric system are under way in all areas. Power restoration information, by geographical zone,…

Duke Energy restores power to 180,000 customers in Carolinas following Tropical Storm Michael

490,000 customers remain without power as of 6:30 p.m. ET. More outages likely as storm rolls through eastern North Carolina. CHARLOTTE, N.C. -- Duke Energy has restored power to 180,000 customers in North Carolina and South Carolina following Tropical Storm Michael. 490,000 custom…
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Duke Energy Frequently Asked Questions

  • When was Duke Energy founded?

    Duke Energy was founded in 1904.

  • Who are Duke Energy key executives?

    Duke Energy's key executives are Lynn J. Good, Kodwo Ghartey-Tagoe and Douglas F Esamann.

  • How many employees does Duke Energy have?

    Duke Energy has 27,535 employees.

  • What is Duke Energy revenue?

    Latest Duke Energy annual revenue is $23.9 b.

  • What is Duke Energy revenue per employee?

    Latest Duke Energy revenue per employee is $866.8 k.

  • Who are Duke Energy competitors?

    Competitors of Duke Energy include CenterPoint Energy, Qualitrol and Siemens Gamesa.

  • Where is Duke Energy headquarters?

    Duke Energy headquarters is located at 550 S Tryon St, Charlotte.

  • Where are Duke Energy offices?

    Duke Energy has offices in Charlotte, Cincinnati, Raleigh, St. Petersburg and in 1 other location.

  • How many offices does Duke Energy have?

    Duke Energy has 6 offices.