Operating Expenses

Operating and maintenance

Duke Energy Operating and maintenance increased by 10.4% to $1.66B in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.4%, from $1.32B to $1.66B. Over 3 years (FY 2021 to FY 2024), Operating and maintenance shows relatively stable performance with a -1.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ2 2025Aug 5, 2025

How to read this metric

Rising costs relative to revenue may indicate aging infrastructure or inflationary pressures on labor and materials.

Detailed definition

This category encompasses the day-to-day costs of operating and maintaining the utility's transmission, distribution, an...

Peer comparison

Standard O&M expense reported by all regulated utilities.

Metric ID: operating_expenses_utilities_operating_expense_maintenan_db3523

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25
Value$1.41B$1.51B$1.38B$1.55B$1.37B$1.31B$1.51B$1.31B$1.38B$1.43B$1.51B$1.38B$1.32B$1.41B$1.28B$1.50B$1.66B
QoQ Change+6.9%-8.2%+11.8%-11.7%-4.3%+15.5%-13.3%+5.0%+3.9%+5.9%-8.7%-4.3%+6.7%-9.1%+17.0%+10.4%
YoY Change-3.0%-13.2%+9.2%-15.4%+0.6%+9.2%+0.1%+5.3%-4.0%-1.3%-15.3%+8.6%+25.4%
Range$1.28B$1.66B
CAGR+4.1%
Avg YoY Growth+0.5%
Median YoY Growth+0.1%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q1 '25Q2 '25
Electric Utilities and Infrastructure$16.00M$5.29B$1.32B$1.26B$1.42B$1.59B
Gas Utilities and Infrastructure$125.00M$129.00M
Other$9.00M$9.00M$9.00M$9.00M-$18.00M$2.00M
Total$1.31B$1.38B$1.43B$1.51B$1.38B$1.32B$1.50B$1.66B

Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Operating and maintenance at Other Companies

Frequently Asked Questions

What is Duke Energy's operating and maintenance?
Duke Energy (DUK) reported operating and maintenance of $1.66B in Q2 2025.
How has Duke Energy's operating and maintenance changed year-over-year?
Duke Energy's operating and maintenance increased by 25.4% year-over-year, from $1.32B to $1.66B.
What is the long-term trend for Duke Energy's operating and maintenance?
Over 3 years (2021 to 2024), Duke Energy's operating and maintenance has grown at a -1.9% compound annual growth rate (CAGR), from $5.70B to $5.39B.
What does operating and maintenance mean?
The ongoing costs to operate and maintain the utility's power grid and infrastructure.