Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Earnings Per Share

The following table presents Duke Energy’s basic and diluted EPS calculations, the weighted average number of common shares outstanding and common and preferred share dividends declared.

	Three Months Ended March 31,
(in millions, except per share amounts)	2025		2024
Net Income available to Duke Energy common stockholders	$	1,365	$	1,099
Less: Loss from discontinued operations attributable to Duke Energy common stockholders	—		(3)
Accumulated preferred stock dividends adjustment	—		12
Less: Impact of participating securities	1		2
Income from continuing operations available to Duke Energy common stockholders	$	1,364	$	1,112
Loss from discontinued operations, net of tax	$	—	$	(3)
Add: Loss attributable to NCI	—		—
Loss from discontinued operations attributable to Duke Energy common stockholders	$	—	$	(3)
Weighted average common shares outstanding – basic and diluted	777		771
EPS from continuing operations available to Duke Energy common stockholders
Basic and diluted(a)	$	1.76	$	1.44
Potentially dilutive items excluded from the calculation(b)	2		2
Dividends declared per common share	$	1.045	$	1.025
Dividends declared on Series A preferred stock per depositary share(c)	$	0.359	$	0.359
Dividends declared on Series B preferred stock per share(d)	$	—	$	24.375

(a)The convertible notes were excluded from the calculations of diluted EPS because the effect was antidilutive.

(b)Performance stock awards were not included in the dilutive securities calculation because the performance measures related to the awards had not been met.

(c)5.75% Series A Cumulative Redeemable Perpetual Preferred Stock dividends are payable quarterly in arrears on the 16th day of March, June, September and December. The preferred stock has a $25 liquidation preference per depositary share.

(d)4.875% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock dividends were payable semiannually in arrears on the 16th day of March and September. The preferred stock was redeemed on September 16, 2024.

Equity Issuances Pursuant to Forward Contracts

The following table shows ATM equity issuances pursuant to forward contracts executed during the three months ended March 31, 2025.

Tranche	Shares Priced	Initial Forward Price
1	1,710,979	$	116.02
2	1,262,618	$	117.94
3	1,264,410	$	117.79
Total	4,238,007