U.S. regulated utility
Duke Energy Corporation
Duke Energy sells regulated electricity and natural gas across six U.S. states. Large corporate and public-sector loads broaden its revenue base, while major equipment vendors supply the turbines and grid hardware required for expansion.
DUK Updated Sep 11, 2026 4 AI consumers· 2 recurring
Per the valuechain.wiki graph, Duke Energy Corporation is directly linked to 4 companies (2 supply, 1 revenue, 1 investment relationships) and reaches 27 companies within two hops; the links are backed by 7 dated sources, 1 of them primary filings (as of 2026-09-11).
Financials & Segments
- Total revenue · FY2025 total revenue of $31.741 billion (SEC 10-K XBRL)
- Segments · Electric Utilities and Infrastructure · Gas Utilities and Infrastructure · Other
Revenue from
- U.S. Department of Defense Medium confidence· Amount 4,800,000 MWh · 15 years · Green Source Advantage renewable energy volume for five major U.S. Department of Defense installations
The U.S. Department of Defense joined Duke Energy's Green Source Advantage program for five major military installations in the Carolinas. The arrangement covers about 4.8 million MWh of renewable energy over 15 years.Confirms EN Duke Energy News Center Published Jun 18, 2024: U.S. Department of Defense Joins Duke Energy's Green Source Advantage Program - Alphabet (Google) Medium confidence· capacity 61 MW · 2015 Green Source Rider project · Solar project capacity tied to demand from Google's Lenoir data center
Google sources part of the electricity for its Lenoir, North Carolina data center through Duke Energy's Green Source Rider. The arrangement links a 61 MW solar project and its incremental costs to Google's load.Confirms EN Duke Energy News Center Published Nov 24, 2015: Duke Energy, Google team up on solar power project in N.C.
Pays to
- GE Vernova Medium confidence· Count 11 gas_turbines · April 2025 arrangement · Number of GE Vernova 7HA gas turbines that may advance under the arrangement
Duke Energy entered an arrangement to secure GE Vernova 7HA gas turbines and associated equipment for rising generation needs. The announced plan covers projects for up to 11 turbines.Confirms EN Duke Energy News Center Published Apr 24, 2025: Duke Energy and GE Vernova announce significant arrangement for gas turbines and associated equipment - Siemens Energy Medium confidence
Duke Energy identified purchases of Siemens Energy gas turbines made in Charlotte as part of its North Carolina supply-chain spending. It did not disclose the amount paid to this supplier.Confirms EN Duke Energy Investor Relations Published Jun 30, 2026: Duke Energy's nearly $1 billion investment with North Carolina suppliers strengthens American supply chains, local economies and the nation's energy future
Investors
- Brookfield Asset Management Ltd. High confidence· Amount $6B · 2025 agreement; staged closings through 2028 · Brookfield's aggregate committed investment for a 19.7% indirect interest in Duke Energy Florida
An affiliate of Brookfield's Super-Core Infrastructure strategy agreed to acquire a 19.7% indirect non-controlling interest in Duke Energy Florida in stages. The committed investment totals $6 billion, while Duke Energy retains control and operating responsibility.Confirms EN Duke Energy News Center Published Aug 5, 2025: Duke Energy partners with Brookfield to secure investment in Duke Energy Florida, expands capital plan to $87 billion
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| eBay Inc. | lead2 | +33.8 | -36.5 | +7.7 | +44.8 | +42.7 | +19.8 |
| Colgate-Palmolive Company | lead2 | +2.1 | -5.4 | +3.8 | +16.6 | -11 | +14.4 |
| Cintas Corporation | lead2 | +26.5 | +3 | +34.8 | +22.2 | +3.8 | +7.4 |
| Costco Wholesale | lead2 | +51.8 | -19 | +49 | +39.6 | -5.4 | +6.7 |
| Honeywell Technologies | lead2 | -0.3 | +4.9 | +0 | +10 | -6.4 | +3.8 |
| Salesforce, Inc. | lead2 | +14.2 | -47.8 | +98.5 | +27.8 | -20.2 | -1.6 |
| MercadoLibre, Inc. | lead2 | -19.5 | -37.2 | +85.7 | +8.2 | +18.5 | -1.8 |
| Walmart Inc | lead2 | +2 | -0.5 | +12.9 | +74 | +24.5 | -3.2 |
| DoorDash, Inc. | lead2 | · | -67.2 | +102.6 | +69.6 | +35 | -6.5 |
| Uber | lead2 | -17.8 | -41 | +149 | -2 | +35.5 | -7.3 |
| Planet Labs | lead2 | · | -29.3 | -43.2 | +63.6 | +388.1 | -8.1 |
| Workday, Inc. | lead2 | +14 | -38.7 | +65 | -6.5 | -16.8 | -8.8 |
| Booking Holdings Inc. | lead2 | +7.7 | -16 | +76 | +41.3 | +8.6 | -9.3 |
| Recursion Pharmaceuticals | lead2 | · | -55 | +27.9 | -31.4 | -39.5 | -11.2 |
| AutoZone | lead2 | +76.8 | +17.6 | +4.8 | +23.8 | +5.9 | -12 |
| Stryker Corporation | lead2 | +10.2 | -7.4 | +23.8 | +21.3 | -1.5 | -13.3 |
| McDonald's | lead2 | +27.8 | +0.5 | +15.1 | +0.1 | +7.9 | -14.7 |
| LVMH Moet Hennessy Louis Vuitton | lead2 | +46.6 | +12.7 | -1.8 | -7.3 | -20.4 | -20.3 |
| Intuit Inc. | lead2 | +70.3 | -39.1 | +61.8 | +1.2 | +6.1 | -49.3 |
| AppLovin Corporation | lead2 | · | -88.8 | +278.4 | +712.6 | +108.1 | -52.4 |
| Alphabet (Google) | lead1 | +65.3 | -39.1 | +58.3 | +36 | +66 | +8.3 |
| Duke Energy Corporation | node | +19.1 | +2 | -1.6 | +15.6 | +12.7 | +5.3 |
| GE Vernova | benef1 | · | · | · | · | +99 | +44.4 |
| Siemens Energy | benef1 | -35.4 | -2.7 | -27 | +314.2 | +149.9 | +1.8 |
| Brookfield Asset Management Ltd. | benef1 | · | · | +45.6 | +39.7 | -0.2 | -0.4 |
| Siemens AG | benef2 | +12.2 | +5.1 | +20.1 | +28 | +26.4 | +8.6 |
| Workday, Inc. | benef2 | +14 | -38.7 | +65 | -6.5 | -16.8 | -8.8 |
| D-Wave Quantum | benef2 | · | -85.3 | -38.9 | +854.5 | +211.3 | -36.6 |
YTD as of 2026-09-04 · source: Yahoo Finance
Duke Energy Corporation operates across U.S. regulated utility. It is +5.3% in 2026. Demand side (avg +8.3%), the stock (+5.3%) and supply side (avg +23.1%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is GE Vernova (+44.4%) and the furthest behind is Siemens Energy (+1.8%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Large corporate and public-sector loads broaden its revenue base, while major equipment vendors supply the turbines and grid hardware required for expansion.
Analysis generated from returns as of 2026-09-04