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. 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. Gas Utilities and Infrastructure segment conducts natural gas operations and serves residential, commercial, industrial and power generation natural gas customers. 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, US
Websiteduke-energy.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2019)28,793(-4%)
Job Openings54
Revenue (FY, 2019)$24.3 B
Share Price (Oct 2020)$92.1
Cybersecurity ratingBMore

Key People/Management at Duke Energy

Michael G. Browning

Michael G. Browning

Independent Lead Director
Lynn J. Good

Lynn J. Good

Chair, President and Chief Executive Officer
Annette K. Clayton

Annette K. Clayton

Director
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
Theodore F. Craver

Theodore F. Craver

Director
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Duke Energy Office Locations

Duke Energy has offices in Charlotte, Raleigh, St. Petersburg and Plainfield
Charlotte, US (HQ)
550 S Tryon St
Charlotte, US
526 S Church St
Raleigh, US
410 S Wilmington St
St. Petersburg, US
100 Central Ave
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Duke Energy Financials and Metrics

Duke Energy Revenue

Duke Energy's revenue was reported to be $24.35 b in FY, 2019
USD

Revenue (Q2, 2020)

5.3b

Net income (Q2, 2020)

(892.0m)

EBIT (Q2, 2020)

1.2b

Market capitalization (19-Oct-2020)

67.7b

Closing stock price (19-Oct-2020)

92.1

Cash (30-Jun-2020)

341.0m

EV

132.6b
Duke Energy's current market capitalization is $67.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

14.3b14.5b19.6b24.6b23.9b23.5b22.7b23.6b24.5b24.3b

Revenue growth, %

(3%)(2%)(3%)4%4%

Cost of goods sold

7.0b6.8b

Gross profit

16.6b17.5b
Quarterly
USDQ2, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q2, 2020

Revenue

3.3b3.7b3.5b4.0b3.6b3.6b6.7b5.9b5.9b6.7b6.6b5.9b6.4b6.1b5.6b6.5b5.6b5.5b6.8b5.7b5.6b6.5b6.1b5.6b6.6b6.2b5.8b5.3b

Cost of goods sold

2.0b1.7b2.0b

Gross profit

4.1b4.0b4.6b

Gross profit Margin, %

68%71%70%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.1b1.4b1.5b2.0b857.0m392.0m358.0m442.0m311.0m

Accounts Receivable

784.0m1.5b64.4m2.0b2.2b2.0b

Prepaid Expenses

1.1b2.4b1.0b764.0m

Inventories

1.6b1.8b3.3b3.5b3.8b3.5b3.3b3.1b3.2b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020Q2, 2020

Cash

35.0m2.0m1.4b1.4b2.0b1.1b1.5b1.8b1.3b1.6b2.2b1.5b2.0b1.9b2.8b960.0m1.4b778.0m676.0m6.2b878.0m298.0m282.0m421.0m304.0m303.0m377.0m1.5b341.0m

Accounts Receivable

304.0m744.0m796.0m764.0m613.0m610.0m1.6b1.5b1.6b1.6b597.0m877.0m854.0m650.0m722.0m609.0m575.0m583.0m623.0m498.0m528.0m2.0b2.2b2.4b2.0b1.8b2.0b

Prepaid Expenses

95.0m845.0m879.0m758.0m1.1b1.1b2.1b2.1b2.1b976.0m1.0b1.0b

Inventories

280.0m1.3b1.4b1.4b1.8b1.8b3.0b3.1b3.1b3.1b2.9b3.1b3.2b3.4b3.5b3.5b3.7b3.6b3.4b3.4b3.4b3.3b3.1b3.2b3.1b3.1b3.3b3.3b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.3b1.7b1.8b2.7b1.9b2.8b2.2b3.1b2.7b3.7b

Depreciation and Amortization

1.8b2.0b2.7b3.2b3.5b3.6b3.9b4.0b4.7b5.2b

Inventories

198.0m(247.0m)(258.0m)(31.0m)(269.0m)(237.0m)272.0m268.0m156.0m(122.0m)

Accounts Payable

167.0m41.0m131.0m73.0m(30.0m)(6.0m)266.0m(204.0m)479.0m(164.0m)
USDQ1, 2010

Financial Leverage

2.7 x
Show all financial metrics

Duke Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Piedmont Natural Gas CompanyOctober 26, 2015$4.90 b
Phoenix Energy TechnologiesOctober 22, 2015

Duke Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Duke Energy Revenue Breakdown

Embed Graph

Duke Energy revenue breakdown by business segment: 7.4% from Gas Utilities and Infrastructure, 90.6% from Electric Utilities and Infrastructure and 2.0% from Other

Duke Energy Online and Social Media Presence

Embed Graph

Duke Energy News and Updates

Duke Energy awards $260,000 to power community needs in Florida

ST. PETERSBURG, Fla., Oct. 20, 2020 /PRNewswire/ -- The Duke Energy Foundation is powering Florida communities with nearly $260,000 in grants to fund accessibility to the arts, promote diversity and inclusion, and address storm preparedness and COVID-19 challenges. "Giving back to...

Duke Energy to expand electric vehicle charging in South Carolina

GREENVILLE, S.C., Oct. 7, 2020 /PRNewswire/ -- As new electric vehicles (EV) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina (PSCSC) has approved two Duke Energy electric transportation (ET) pilot programs that will allow...

Duke Energy Jumps 10% On Takeover Rebuff News – What’s Going To Happen Now?

Did you notice that Duke Energy jumped more than 10% in the last 5 trading days, with Sep 30 accounting for the bulk of the increase? It appears that the trigger was news of Duke rebuffing a takeover bid from NextEra. But what does this trigger mean for investors over the next month or a year?...

The Wall Street Journal: Duke Energy spurned NextEra bid, but deal may still be in the works

NextEra Energy Inc. recently made a takeover approach to Duke Energy Corp., according to people familiar with the matter, testing the waters for what would be a $60 billion-plus combination of two Southern utilities.

Duke Energy invests more than $350,000 in projects that help preserve, enhance South Carolina's natural places

GREENVILLE, S.C., Sept. 29, 2020 /PRNewswire/ -- The Duke Energy Foundation recently awarded more than $350,000 in grants to South Carolina organizations that will fund environmental projects, wildlife conservation efforts and environmental educational programs across the state. As a...

Duke Energy Could Have 20% Upside. What Are The Catalysts?

Despite a 30% rise since the March 23 lows of this year, at the current price of around $83 per share, we believe that Duke Energy stock has more upside potential. The stock has risen from $64 to $83 off the recent bottom, underperforming the S&P which moved over 45% over the same period...
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Duke Energy Blogs

Duke Energy assessing massive damage on Florida Panhandle following Hurricane Michael

Bay, Franklin, Gulf, Jefferson, Wakulla counties among hardest-hit areas. Assessment will help determine estimated power restoration times. Crews must repair transmission towers, substations, other key electric system components. ST. PETERSBURG, Fla. – Duke Energy crews today are u…

Duke Energy projects Hurricane Michael could cause 300,000 to 500,000 power outages in Carolinas

Some outages could last several days Crews will begin repairs as soon as conditions safely allow CHARLOTTE, N.C. – Duke Energy projects Hurricane Michael could cause 300,000 to 500,000 power outages in North Carolina and South Carolina this week, based on the storm’s current forecasted …

Duke Energy to invest $500 million in battery storage in the Carolinas over the next 15 years

About 300 megawatts of battery energy storage slated for the Carolinas Battery storage in region will increase almost twentyfold, delivering system benefits to customers and communities Filing recently made with regulators for Madison County, N.C., project CHARLOTTE, N.C. -- Duke…

Duke Energy estimates Hurricane Michael could cause between 100,000 and 200,000 power outages in Florida

Some outages could last several days to more than a week Crews will begin repairs as soon as weather conditions allow ST. PETERSBURG, Fla. – Based on Hurricane Michael’s current forecasted track, Duke Energy Florida projects 100,000 to 200,000 power outages in the northern part of its s…

Duke Energy encourages Carolinas customers to prepare for Hurricane Michael

Power outages likely in South Carolina, North Carolina Crews will begin repairs as soon as weather conditions allow CHARLOTTE, N.C. -- Duke Energy is preparing for Hurricane Michael – forecasted to impact South Carolina and North Carolina later this week – and is asking customers to p…

Duke Energy announces executive rotations across the company

CHARLOTTE, N.C. – Duke Energy today announced six executive transitions intended to further advance the company’s customer-focused strategy and broaden leadership capabilities across the enterprise. In North Carolina, Stephen De May, senior vice president of Tax and Treasurer for Duke Energy, has b…
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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 Michael G. Browning, Lynn J. Good and Annette K. Clayton.

  • How many employees does Duke Energy have?

    Duke Energy has 28,793 employees.

  • What is Duke Energy revenue?

    Latest Duke Energy annual revenue is $24.3 b.

  • What is Duke Energy revenue per employee?

    Latest Duke Energy revenue per employee is $845.6 k.

  • Who are Duke Energy competitors?

    Competitors of Duke Energy include Qualitrol, Siemens Gamesa and Public Service Enterprise Group.

  • 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, Raleigh, St. Petersburg and Plainfield.

  • How many offices does Duke Energy have?

    Duke Energy has 5 offices.