DUK (Duke Energy) Gross Margin %: 48.83% (As of Mar. 2026) — Near Median


DUK Duke Energy Corp DUK
75 GF Score
Price $127.11
GF Value $122.67
Valuation Fairly Valued
! 10 Warning Signs
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What is Duke Energy Gross Margin %?

Duke Energy DUK +0.46% 75 Gross Margin % is 48.83% as of Mar. 2026, which is 5% above its 10-year median of 46.72. GuruFocus rates DUK with a GF Score™ of 75/100 and a GF Value™ of $122.67 (Fairly Valued). The stock has 10 warning signs investors should review. Among 489 Utilities - Regulated companies, Duke Energy ranks better than 80.78% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Duke Energy's Gross Profit for the three months ended in Mar. 2026 was $4,482 Mil. Duke Energy's Revenue for the three months ended in Mar. 2026 was $9,178 Mil. Therefore, Duke Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 48.83%.


The historical rank and industry rank for Duke Energy's Gross Margin % or its related term are showing as below:

DUK' s Gross Margin % Range Over the Past 10 Years
Min: 42.34   Med: 46.72   Max: 51.18
Current: 50.36


During the past 13 years, the highest Gross Margin % of Duke Energy was 51.18%. The lowest was 42.34%. And the median was 46.72%.

DUK's Gross Margin % is ranked better than
80.78% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs DUK: 50.36

Duke Energy had a gross margin of 48.83% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Duke Energy was 1.20% per year.


Duke Energy  (NYSE:DUK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Duke Energy had a gross margin of 48.83% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Duke Energy Gross Margin % Related Terms


Duke Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for Duke Energy's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Duke Energy Gross Margin % Chart

Duke Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.57 45.11 47.34 50.06 51.18

Duke Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.85 50.84 51.29 50.68 48.83

DUK vs SO, AEP, D: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Duke Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duke Energy Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Duke Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Duke Energy's Gross Margin % falls into.


DUK
75GF Score
Duke Energy Corp DUK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Duke Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Duke Energy's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=16498 / 32237
=(Revenue - Cost of Goods Sold) / Revenue
=(32237 - 15739) / 32237
=51.18 %

Duke Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=4482 / 9178
=(Revenue - Cost of Goods Sold) / Revenue
=(9178 - 4696) / 9178
=48.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 48.83% mean?
Duke Energy (DUK) has a Gross Margin % of 48.83% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Duke Energy and its competitors. This is near median its historical median of 46.72. Over the past decade, Duke Energy's Gross Margin % has ranged from 42.34 to 51.18. According to the industry distribution chart, Duke Energy ranks #94 out of 489 companies in the Utilities - Regulated industry, placing it in the top 19.2%.
Is Duke Energy's Gross Margin % too high?
Duke Energy's current Gross Margin % of 48.83% is near median its 10-year median of 46.72. Over the past 10 years, this metric has ranged from a low of 42.34 to a high of 51.18. The Utilities - Regulated industry median Gross Margin % is 30.88. Duke Energy's value of 48.83% is 58.1% above this industry median. Based on the distribution chart, Duke Energy ranks #94 out of 489 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Duke Energy has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Duke Energy's Gross Margin % compare to SO and AEP?
According to the Utilities - Regulated industry distribution chart, Duke Energy ranks #94 out of 489 companies for Gross Margin %. This places Duke Energy in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.88. Duke Energy's value of 48.83% is 58.1% above this benchmark. Historically, Duke Energy's own Gross Margin % has ranged from 42.34 to 51.18 over the past decade. While the company's 10-year median is 46.72 vs. the industry median of 30.88, Duke Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duke Energy's current Gross Margin % of 48.83% is 58.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Duke Energy and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duke Energy's current Gross Margin % is 48.83%, which is near median its own 10-year median of 46.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duke Energy stock overvalued right now?
Based on GuruFocus' analysis, Duke Energy (DUK) is currently considered Fairly Valued. The stock's GF Value™ is $122.67, compared to a current price of $127.11 — trading 3.6% above its estimated fair value. The current Gross Margin % is 48.83%, which is near median its 10-year median of 46.72 and 58.1% above the Utilities - Regulated industry median of 30.88. Duke Energy's overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Duke Energy (DUK), the current Gross Margin % is 48.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Duke Energy (DUK) Overvalued in 2026?

Based on GuruFocus' analysis, Duke Energy stock appears to be overvalued. The current stock price of $127.11 is trading 3.6% above its estimated GF Value™ of $122.67. GuruFocus considers Duke Energy to be Fairly Valued.

Key valuation signals for DUK:

  • Gross Margin %: 48.83% (near median its 10-year median of 46.72)
  • GF Value™: $122.67 vs. price of $127.11 (3.6% above fair value)
  • GF Score™: 75/100 with 10 warning signs
  • Industry Position: 58.1% above the Utilities - Regulated median (#94 of 489)

No single metric tells the full story. See the DUK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duke Energy Business Description

Address 525 South Tryon Street, Charlotte, NC, USA, 28202
Duke Energy is one of the largest US utilities, with subsidiaries in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to more than 8 million customers. Its natural gas utilities serve more than 1.6 million customers.
75GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$127.11
Price
$122.67
GF Value