Sector: Utilities|Industry: Utilities - Regulated Electric|Market Cap: $81.70B|Employees: 27K
Duke Energy Corporation is an energy company operating primarily in the U.S. through its regulated utilities. They provide retail electric service through generation, transmission, and distribution to approximately 8.4 million customers in the Southeast and Midwest. Duke Energy also has a natural gas distribution business serving over 1.7 million customers. The company's market position is supported by its regulated operations and diverse energy resources.
Total operating revenues increased to $8,154 million for the three months ended September 30, 2024, compared to $7,994 million for the same period in 2023. This represents a modest increase, indicating growth in the company's top-line performance.
Operating income rose to $2,144 million for the three months ended September 30, 2024, from $2,111 million for the same period in 2023. This indicates a slight improvement in the company's profitability from its core operations.
Net income increased to $1,315 million for the three months ended September 30, 2024, compared to $1,321 million for the same period in 2023. This indicates a slight decrease in the company's overall profitability.