Duke Energy (DUK) Net Margin (2009 - 2026)
Duke Energy (DUK) reported Net Margin of 16.74% for Q1 2026, up 0.19 percentage points from 16.55% a year earlier and up 2.01 percentage points from the prior quarter.
Duke Energy (DUK) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Duke Energy's Net Margin came in at 15.33%, up 0.24 percentage points year-over-year; for FY2025, it came in at 15.24%, up 0.74 percentage points from FY2024.
- Net Margin has increased for three consecutive years, with a five-year change of +9.80 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 14.50% in FY2024 (+5.09 pp), 9.41% in FY2023 (+0.92 pp), 8.50% in FY2022 (-6.95 pp) and 15.44% in FY2021 (+10.01 pp).
- The Q1 2026 figure ranks as the highest quarterly Net Margin since Q3 2022.
- Year over year, Net Margin gained in six of the last eight quarters, with an average year-over-year change of +2.65 percentage points.
- The high point for year-over-year Net Margin in five years was Q2 2021 (a gain of 28.39 percentage points); the low point was Q4 2022 (a drop of 20.81 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 14.73% (Q4 2025), 16.47% (Q3 2025) and 12.93% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 41.73% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 16.83% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 16.74% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 7.77% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 7.59% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 26.56% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 13.70% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 18.79% |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | 6.64% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 16.74% |
| Dec 31, 2025 | 14.73% |
| Sep 30, 2025 | 16.47% |
| Jun 30, 2025 | 12.93% |
| Mar 31, 2025 | 16.55% |
| Dec 31, 2024 | 16.18% |
| Sep 30, 2024 | 15.04% |
| Jun 30, 2024 | 12.35% |
| Mar 31, 2024 | 14.33% |
| Dec 31, 2023 | 13.74% |
| Sep 30, 2023 | 15.17% |
| Jun 30, 2023 | -3.56% |
| Mar 31, 2023 | 10.51% |
| Dec 31, 2022 | -8.84% |
| Sep 30, 2022 | 17.64% |
| Jun 30, 2022 | 13.60% |
| Mar 31, 2022 | 11.67% |
| Dec 31, 2021 | 11.97% |
| Sep 30, 2021 | 19.99% |
| Jun 30, 2021 | 13.32% |
Duke Energy Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=DUK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "DUK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=DUK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();