Duke Energy Net Worth (Updated 2025).

Duke Energy, a name that’s become synonymous with power and innovation, traces its roots back to the early 20th century. It all began in 1900 when James B. Duke, a visionary entrepreneur, saw the potential in harnessing the power of electricity. He started the Catawba Power Company in North Carolina, marking the humble beginning of what would later become Duke Energy.

In the following decades, the company grew through strategic acquisitions and mergers. In 1924, the Catawba Power Company merged with several other utilities to form the Carolina Power & Light Company. This expansion allowed the company to serve a larger customer base and invest in more advanced power generation technologies. By the mid-20th century, the company had established itself as a major player in the energy industry, laying the groundwork for its future fame.

Duke Energy’s Current Net Worth (2025)

As of 2025, Duke Energy’s current net worth is approximately $72.5 billion, according to the latest available information. This figure reflects the company’s extensive operations and significant market presence in the United States.

Duke Energy’s Career

Duke Energy, originally known as the Southern Power Company, was founded in 1900. Over the past century, the company has grown from a small regional power provider to one of the largest electric power holding companies in the U.S. Today, Duke Energy serves approximately 7.4 million customers across six states.

Other Ventures

In addition to its primary electric power generation and delivery services, Duke Energy has diversified into other ventures. These include renewable energy initiatives, such as wind and solar power, as well as natural gas infrastructure and distribution. The company is also involved in energy storage solutions and electric vehicle charging infrastructure.

Assets

Duke Energy’s assets are predominantly in the form of utility infrastructure, including power plants, transmission lines, and distribution systems. As of 2025, the company’s total assets are valued at around $135 billion. This includes investments in renewable energy projects and other growth initiatives.

Annual Income

In 2024, Duke Energy reported an annual income of $10.3 billion. This figure reflects the company’s revenue from electricity sales, as well as its other operations and investments. Duke Energy’s annual income has shown steady growth over the past decade, driven by its expanding customer base and diversified business model.

Frequently Asked Questions about  Duke Energy

Frequently Asked Questions: Duke Energy Net Worth

1. What is Duke Energy’s net worth?

Duke Energy’s net worth is estimated to be around $60 billion.

2. How does Duke Energy generate its revenue?

Duke Energy generates revenue primarily through the sale of electricity and natural gas to its customers. It also earns income from its regulated utilities, as well as its non-regulated businesses such as its commercial renewables division.

3. How many customers does Duke Energy serve?

Duke Energy serves approximately 7.4 million electric customers and 1.6 million natural gas customers across the U.S.

4. In which states does Duke Energy operate?

Duke Energy operates in six states: North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky.

5. What is Duke Energy’s market capitalization?

Duke Energy’s market capitalization is around $55 billion.

6. How many employees does Duke Energy have?

Duke Energy employs approximately 27,000 people.

7. What is Duke Energy’s dividend yield?

Duke Energy’s dividend yield is around 4.5%.

8. When was Duke Energy founded?

Duke Energy was founded in 1904.

9. What is Duke Energy’s ticker symbol?

Duke Energy’s ticker symbol is ‘DUK’ on the New York Stock Exchange.

10. How does Duke Energy contribute to sustainability?

Duke Energy is committed to reducing its carbon emissions and increasing its use of renewable energy. By 2050, the company aims to achieve a 50% reduction in its carbon emissions from 2005 levels, and to have net-zero emissions by 2050.