v3.26.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2026
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)20262025
Net Income available to Duke Energy common stockholders
$1,536 $1,365 
Less: Income from discontinued operations attributable to Duke Energy common stockholders
13 — 
Less: Impact of participating securities2 
Income from continuing operations available to Duke Energy common stockholders$1,521 $1,364 
Weighted average common shares outstanding – basic
778 777 
Convertible notes / equity forwards
1 — 
Weighted average common shares outstanding – diluted
779 777 
EPS from continuing operations available to Duke Energy common stockholders
Basic and diluted(a)
$1.95 $1.76 
Potentially dilutive items excluded from the calculation(b)
2 
Dividends declared per common share$1.065 $1.045 
Dividends declared on Series A preferred stock per depositary share(c)
$0.359 $0.359 
(a)Convertible notes were included in the calculation of diluted EPS for the three months ended March 30, 2026, but the impact was immaterial. For the three months ended March 31, 2025, convertible notes were excluded from the calculation 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.
Equity Issuances Pursuant to Forward Contracts
The following table shows ATM equity issuances pursuant to forward contracts executed in March 2026.
Tranche
Shares Priced
Initial Forward Price
1
1,129,654$131.82 
2
1,164,943$127.84 
Total
2,294,597
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