Duke Energy Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

March 03, 2025

Duke Energy (NYSE:DUK) Full Year 2024 Results

Key Financial Results

Revenue: US$29.9b (up 4.7% from FY 2023).
Net income: US$4.39b (up 4.8% from FY 2023).
Profit margin: 15% (in line with FY 2023).
EPS: US$5.69 (up from US$5.44 in FY 2023).

revenue-and-expenses-breakdown — NYSE:DUK Revenue and Expenses Breakdown March 3rd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Duke Energy EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%.

The primary driver behind last 12 months revenue was the Electric Utilities and Infrastructure segment contributing a total revenue of US$28.1b (94% of total revenue). The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$5.79b (54% of total expenses). Explore how DUK's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Electric Utilities industry in the US.

Performance of the American Electric Utilities industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Duke Energy (at least 1 which is potentially serious), and understanding them should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.