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Stockholders' Equity (Tables)
12 Months Ended
Dec. 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.
Years Ended December 31,
(in millions, except per share amounts)202520242023
Net Income available to Duke Energy common stockholders$4,912 $4,402 $2,735 
Less: Income (Loss) from discontinued operations attributable to Duke Energy common stockholders
1 (1,391)
Accumulated preferred stock dividends adjustment 14 — 
Less: Impact of participating securities6 
Income from continuing operations available to Duke Energy common stockholders$4,905 $4,403 $4,120 
Income (Loss) from discontinued operations, net of tax
$1 $10 $(1,455)
Add: Loss (Income) attributable to NCI
 (3)64 
Income (Loss) from discontinued operations attributable to Duke Energy common stockholders
$1 $$(1,391)
Weighted average common shares outstanding – basic and diluted
777 772 771 
EPS from continuing operations available to Duke Energy common stockholders
Basic and Diluted(a)
$6.31 $5.70 $5.35 
Earnings (Loss) Per Share from discontinued operations attributable to Duke Energy common stockholders
   Basic and Diluted(a)
$ $0.01 $(1.81)
Potentially dilutive items excluded from the calculation(b)
2 
Dividends declared per common share$4.22 $4.14 $4.06 
Dividends declared on Series A preferred stock per depositary share(c)
$1.437 $1.437 $1.437 
Dividends declared on Series B preferred stock per share(d)
$ $48.750 $48.750 
(a)    For the year ended December 31, 2025, the convertible notes were included in the calculation of diluted EPS, but the impact was immaterial. For the years ended December 31, 2024, and 2023, 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.
Schedule of ATM Equity Issuances Pursuant to Forward Contracts
The following table shows ATM equity issuances pursuant to forward contracts executed during February and March 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