Duke Energy (DUK) Tax Rate (2009 - 2026)
Duke Energy (DUK) posted Tax Rate of 17.55% for Q1 2026, up 5.47 percentage points from 12.09% a year earlier and up 6.21 percentage points from the prior quarter.
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Analysis
Duke Energy (DUK) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Tax Rate at Duke Energy was 13.01%, up 1.92 percentage points year-over-year; for FY2025, it was 11.24%, down 0.12 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +4.52 percentage points (FY2021 to FY2025).
- In prior years, Duke Energy's Tax Rate was 11.36% in FY2024 (+2.17 pp), 9.19% in FY2023 (+1.83 pp), 7.36% in FY2022 (+0.64 pp) and 6.72% in FY2021.
- The Q1 2026 figure stands as the highest quarterly Tax Rate since Q1 2018.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +1.34 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2023, with a gain of 10.87 percentage points; the weakest was Q3 2023, with a drop of 7.30 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 11.34% (Q4 2025), 10.80% (Q3 2025) and 10.56% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 13.16% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 13.60% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 17.55% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 6.75% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 16.49% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 22.09% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 21.26% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | - |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - | 20.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 17.55% |
| Dec 31, 2025 | 11.34% |
| Sep 30, 2025 | 10.80% |
| Jun 30, 2025 | 10.56% |
| Mar 31, 2025 | 12.09% |
| Dec 31, 2024 | 8.15% |
| Sep 30, 2024 | 11.22% |
| Jun 30, 2024 | 13.07% |
| Mar 31, 2024 | 13.36% |
| Dec 31, 2023 | 9.71% |
| Sep 30, 2023 | 2.77% |
| Jun 30, 2023 | 13.68% |
| Mar 31, 2023 | 13.78% |
| Dec 31, 2022 | 0.47% |
| Sep 30, 2022 | 10.08% |
| Jun 30, 2022 | 11.26% |
| Mar 31, 2022 | 2.91% |
| Dec 31, 2021 | 6.70% |
| Sep 30, 2021 | 6.59% |
| Jun 30, 2021 | 4.90% |
API Access
Duke Energy Tax Rate 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=tax-rate&ticker=DUK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DUK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();