TTM
27.0%
YoY change
+0.50pp
Trough year (2003)
-3.3%
Peak year (1985)
100.0%
Latest annual
26.6%
Operating Margin history chart for Duke Energy (DUK) from 1985 to 2025
Latest: 26.6%
Operating Margin change chart for Duke Energy (DUK) from 1985 to 2025
Latest: +0.50pp
Operating Margin history table for Duke Energy (DUK) from 1985 to 2025
| 2025 | 26.6% | +0.50pp | ||
| 2024 | 26.1% | +1.78pp | ||
| 2023 | 24.3% | +3.43pp | ||
| 2022 | 20.9% | -1.44pp | ||
| 2021 | 22.3% | +2.78pp | ||
| 2020 | 19.6% | -3.20pp | ||
| 2019 | 22.8% | +3.66pp | ||
| 2018 | 19.1% | -4.76pp | ||
| 2017 | 23.9% | +1.00pp | ||
| 2016 | 22.9% | +0.17pp | ||
| 2015 | 22.7% | +1.19pp | ||
| 2014 | 21.5% | +0.18pp | ||
| 2013 | 21.3% | -0.46pp | ||
| 2012 | 21.8% | +2.68pp | ||
| 2011 | 19.1% | +1.97pp | ||
| 2010 | 17.1% | -0.52pp | ||
| 2009 | 17.7% | -1.35pp | ||
| 2008 | 19.0% | -0.63pp | ||
| 2007 | 19.6% | -1.23pp | ||
| 2006 | 20.9% | -1.32pp | ||
| 2005 | 22.2% | +6.44pp | ||
| 2004 | 15.8% | +19.09pp | ||
| 2003 | -3.3% | -19.75pp | ||
| 2002 | 16.4% | -3.62pp | ||
| 2001 | 20.0% | -0.11pp | ||
| 2000 | 20.1% | +11.78pp | ||
| 1999 | 8.4% | -5.71pp | ||
| 1998 | 14.1% | +1.99pp | ||
| 1997 | 12.1% | -5.47pp | ||
| 1996 | 17.5% | -3.79pp | ||
| 1995 | 21.3% | -4.95pp | ||
| 1994 | 26.3% | -73.72pp | ||
| 1993 | 100.0% | 0.00pp | ||
| 1992 | 100.0% | 0.00pp | ||
| 1991 | 100.0% | 0.00pp | ||
| 1990 | 100.0% | 0.00pp | ||
| 1989 | 100.0% | 0.00pp | ||
| 1988 | 100.0% | 0.00pp | ||
| 1987 | 100.0% | 0.00pp | ||
| 1986 | 100.0% | 0.00pp | ||
| 1985 | 100.0% | — |
- 202526.6%+0.50pp
- 202426.1%+1.78pp
- 202324.3%+3.43pp
- 202220.9%-1.44pp
- 202122.3%+2.78pp
- 202019.6%-3.20pp
- 201922.8%+3.66pp
- 201819.1%-4.76pp
- 201723.9%+1.00pp
- 201622.9%+0.17pp
- 201522.7%+1.19pp
- 201421.5%+0.18pp
- 201321.3%-0.46pp
- 201221.8%+2.68pp
- 201119.1%+1.97pp
- 201017.1%-0.52pp
- 200917.7%-1.35pp
- 200819.0%-0.63pp
- 200719.6%-1.23pp
- 200620.9%-1.32pp
- 200522.2%+6.44pp
- 200415.8%+19.09pp
- 2003-3.3%-19.75pp
- 200216.4%-3.62pp
- 200120.0%-0.11pp
- 200020.1%+11.78pp
- 19998.4%-5.71pp
- 199814.1%+1.99pp
- 199712.1%-5.47pp
- 199617.5%-3.79pp
- 199521.3%-4.95pp
- 199426.3%-73.72pp
- 1993100.0%0.00pp
- 1992100.0%0.00pp
- 1991100.0%0.00pp
- 1990100.0%0.00pp
- 1989100.0%0.00pp
- 1988100.0%0.00pp
- 1987100.0%0.00pp
- 1986100.0%0.00pp
- 1985100.0%—
Operating Margin values are taken from Duke Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Duke Energy (DUK)
According to Duke Energy's latest reported financial statements, the company's latest reported operating margin is 27.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Duke Energy (DUK) reported operating margin of 26.61% – expanded 0.5 percentage points year-over-year.
100.00% stands as the all-time-high annual operating margin, posted in 1985, against a low of -3.34% during 2003.
Duke Energy Operating Margin by Year
Duke Energy Operating Margin 2025: 26.6%
Duke Energy operating margin in 2025 was 26.61%, expanded 0.5 percentage points from 2024.
Duke Energy Operating Margin 2024: 26.1%
2024's operating margin for Duke Energy came in at 26.11%, expanded 1.8 percentage points from 2023.
Duke Energy Operating Margin 2023: 24.3%
Duke Energy posted operating margin of 24.33% in 2023, expanded 3.4 percentage points from 2022.
Duke Energy Operating Margin 2022: 20.9%
In 2022, Duke Energy reported operating margin of 20.90%, contracted 1.4 percentage points from 2021.
Duke Energy Operating Margin 2021: 22.3%
Duke Energy operating margin in 2021 was 22.34%.
See more financial history for Duke Energy (DUK).
Sector peers by Operating Margin
Utilities peers of Duke Energy (DUK), ranked by their latest operating margin
Frequently asked questions
Duke Energy (DUK) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation