Financials Duke Energy Corporation

Equities

DUK

US26441C2044

Electric Utilities

Market Closed - Nyse Other stock markets 21:00:02 04/03/2026 GMT			5-day change	1st Jan Change
131.88 ^USD	+0.34%		+2.29%	+12.52%

03-04	Wells Fargo Adjusts Price Target on Duke Energy to $135 From $115, Maintains Equalweight Rating	MT
02-20	Nucor Corporation Announces Executive Changes	CI

Projected Income Statement: Duke Energy Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	25,097	28,768	29,060	30,357	32,237	33,176	34,605	36,583
Change	-	14.63%	1.02%	4.46%	6.19%	2.91%	4.31%	5.72%
EBITDA ¹	10,665	11,691	12,408	14,371	15,670	16,895	18,340	19,946
Change	-	9.62%	6.13%	15.82%	9.04%	7.82%	8.55%	8.76%
EBIT ¹	5,373	6,187	7,070	7,926	8,626	9,628	10,319	11,293
Change	-	15.15%	14.27%	12.11%	8.83%	11.61%	7.18%	9.44%
Interest Paid ¹	-2,280	-2,439	-3,014	-3,384	-3,634	-3,852	-4,142	-4,545
Earnings before Tax (EBT) ¹	3,764	4,253	4,767	5,194	5,712	6,237	6,775	7,083
Change	-	12.99%	12.09%	8.96%	9.97%	9.19%	8.63%	4.54%
Net income ¹	3,802	2,563	2,735	4,402	4,912	5,278	5,719	6,186
Change	-	-32.59%	6.71%	60.95%	11.59%	7.44%	8.36%	8.17%
Announcement Date	10/02/22	09/02/23	08/02/24	13/02/25	10/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	6,150	5,758	6,951	6,238	7,132	6,685	7,968	7,351	7,276	6,578	7,994	7,212	7,671	7,172	8,154	7,360	8,249	7,508	8,542	7,938	8,564	7,423	8,862	7,767	8,863	7,542	9,316	8,061
Change	-	-6.37%	20.72%	-10.26%	14.33%	-6.27%	19.19%	-7.74%	-1.02%	-9.59%	21.53%	-9.78%	6.36%	-6.51%	13.69%	-9.74%	12.08%	-8.98%	13.77%	-7.07%	7.89%	-13.32%	19.38%	-12.36%	14.12%	-14.91%	23.52%	-13.47%
EBITDA ¹	2,682	2,567	3,041	2,374	2,856	2,736	3,382	2,823	3,069	2,763	3,552	3,184	3,536	3,304	3,841	3,690	3,998	3,607	4,158	3,907	4,299	3,951	4,589	-	-	-	-	-
Change	-	-4.29%	18.47%	-21.93%	20.3%	-4.2%	23.61%	-16.53%	8.71%	-9.97%	28.56%	-10.36%	11.06%	-6.56%	16.25%	-3.93%	8.35%	-9.78%	15.28%	-6.04%	10.05%	-8.1%	16.15%	-	-	-	-	-
EBIT ¹	1,450	1,169	1,687	1,067	1,279	1,413	2,024	1,369	1,674	1,430	2,111	1,855	1,963	1,707	2,144	2,112	2,343	1,830	2,334	2,119	2,587	1,972	2,625	2,343	2,821	2,205	2,948	2,619
Change	-	-19.38%	44.31%	-36.75%	19.87%	10.48%	43.24%	-32.36%	22.28%	-14.58%	47.62%	-12.13%	5.82%	-13.04%	25.6%	-1.49%	10.94%	-21.9%	27.54%	-9.21%	22.08%	-23.78%	33.16%	-10.75%	20.38%	-21.83%	33.69%	-11.15%
Charge d'intérêts ¹	-535	-572	-581	-592	-587	-607	-621	-679	-720	-727	-774	-793	-817	-824	-872	-871	-889	-897	-902	-946	-882	-899	-921	-951	-976	-1,004	-1,024	-1,051
Earnings before Tax (EBT) ¹	1,025	734	1,366	639	806	957	1,518	813	1,125	870	1,515	1,257	1,332	1,071	1,453	1,338	1,597	1,127	1,630	1,358	1,718	1,188	1,751	1,534	1,859	1,361	1,948	1,690
Change	-	-28.39%	86.1%	-53.22%	26.13%	18.73%	58.62%	-46.44%	38.38%	-22.67%	74.14%	-17.03%	5.97%	-19.59%	35.67%	-7.91%	19.36%	-29.43%	44.63%	-16.69%	26.5%	-30.85%	47.39%	-12.39%	21.22%	-26.78%	43.09%	-13.24%
Net income ¹	953	751	1,366	732	818	893	1,383	-531	765	-234	1,213	991	1,099	886	1,226	1,191	1,365	971	1,407	1,169	1,216	853.2	1,494	1,321	1,541	1,103	1,595	1,409
Change	-	-21.2%	81.89%	-46.41%	11.75%	9.17%	54.87%	-138.39%	244.07%	-130.59%	618.38%	-18.3%	10.9%	-19.38%	38.37%	-2.85%	14.61%	-28.86%	44.9%	-16.92%	4.01%	-29.83%	75.05%	-11.53%	16.63%	-28.39%	44.53%	-11.65%
Announcement Date	10/05/21	05/08/21	04/11/21	10/02/22	09/05/22	04/08/22	04/11/22	09/02/23	09/05/23	08/08/23	02/11/23	08/02/24	07/05/24	06/08/24	07/11/24	13/02/25	06/05/25	05/08/25	07/11/25	10/02/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Duke Energy Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	66,796	74,758	79,287	83,959	89,591	91,046	95,826	100,831
Change	-	11.92%	6.06%	5.89%	6.71%	1.62%	5.25%	5.22%
Announcement Date	10/02/22	09/02/23	08/02/24	13/02/25	10/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Duke Energy Corporation

Fiscal Period: December	2021	2022	2023	2024	2026	2027	2028
CAPEX ¹	9,715	11,367	12,604	12,280	16,378	17,395	19,071
Change	-	17%	10.88%	-2.57%	-	6.21%	9.64%
Free Cash Flow (FCF) ¹	-1,425	-5,440	-2,816	48	-	-	-
Change	-	-281.75%	48.24%	101.7%	-	-	-
Announcement Date	10/02/22	09/02/23	08/02/24	13/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Duke Energy Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	42.5%	40.64%	42.7%	47.34%	48.61%	50.93%	53%	54.52%
EBIT Margin (%)	21.41%	21.51%	24.33%	26.11%	26.76%	29.02%	29.82%	30.87%
EBT Margin (%)	15%	14.78%	16.4%	17.11%	17.72%	18.8%	19.58%	19.36%
Net margin (%)	15.15%	8.91%	9.41%	14.5%	15.24%	15.91%	16.53%	16.91%
FCF margin (%)	-5.68%	-18.91%	-9.69%	0.16%	-	-	-	-
FCF / Net Income (%)	-37.48%	-212.25%	-102.96%	1.09%	-	-	-	-
Profitability
ROA	2.43%	1.47%	2.41%	2.5%	2.57%	2.66%	2.74%	3.1%
ROE	8.28%	5.19%	8.71%	9.15%	9.63%	9.8%	9.94%	10.23%
Financial Health
Leverage (Debt/EBITDA)	6.26x	6.39x	6.39x	5.84x	5.72x	5.39x	5.23x	5.06x
Debt / Free cash flow	-46.87x	-13.74x	-28.16x	1,749.15x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	38.71%	39.51%	43.37%	40.45%	-	49.37%	50.27%	52.13%
CAPEX / EBITDA (%)	91.09%	97.23%	101.58%	85.45%	-	96.94%	94.85%	95.61%
CAPEX / FCF (%)	-681.75%	-208.95%	-447.59%	25,583.33%	-	-	-	-
Items per share
Cash flow per share ¹	10.78	7.697	12.7	15.91	15.87	16.01	-	-
Change	-	-28.6%	64.93%	25.34%	-0.27%	0.87%	-	-
Dividend per Share ¹	3.9	3.98	4.06	4.14	-	4.38	4.534	4.701
Change	-	2.05%	2.01%	1.97%	-	-	3.52%	3.69%
Book Value Per Share ¹	64.1	64.21	63.7	64.93	66.64	71.16	75.08	82.16
Change	-	0.16%	-0.79%	1.93%	2.62%	6.79%	5.51%	9.43%
EPS ¹	4.94	3.33	3.54	5.71	6.31	6.737	7.158	7.728
Change	-	-32.59%	6.31%	61.3%	10.51%	6.77%	6.25%	7.97%
Nbr of stocks (in thousands)	769,343	770,063	770,712	772,482	777,661	777,671	777,671	777,671
Announcement Date	10/02/22	09/02/23	08/02/24	13/02/25	10/02/26	-	-	-