Operating Expenses

Taxes other than income taxes

Duke Energy Taxes other than income taxes increased by 8.9% to $452.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $428.00M to $452.00M. Over 3 years (FY 2021 to FY 2024), Taxes other than income taxes shows relatively stable performance with a 1.8% 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 reportedQ1 2026May 5, 2026

How to read this metric

An increase often signals higher property valuations or changes in local tax legislation, which may be passed on to ratepayers.

Detailed definition

This category includes taxes levied on the utility that are not based on net income, such as property taxes, franchise t...

Peer comparison

Standard line item for regulated utilities subject to local and state tax jurisdictions.

Metric ID: nee_taxes_other_than_income_taxes

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q1 '26
Value$349.00M$371.00M$316.00M$392.00M$379.00M$378.00M$317.00M$389.00M$353.00M$394.00M$264.00M$386.00M$393.00M$383.00M$304.00M$428.00M$415.00M$452.00M
QoQ Change+6.3%-14.8%+24.1%-3.3%-0.3%-16.1%+22.7%-9.3%+11.6%-33.0%+46.2%+1.8%-2.5%-20.6%+40.8%-3.0%+8.9%
YoY Change+8.6%+1.9%+0.3%-0.8%-6.9%+4.2%-16.7%-0.8%+11.3%-2.8%+15.2%+10.9%+5.6%+5.6%
Range$264.00M$452.00M
CAGR+6.3%
Avg YoY Growth+2.5%
Median YoY Growth+3.1%

Business Segments

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q1 '25Q2 '25
Electric Utilities and Infrastructure$378.00M$371.00M
Gas Utilities and Infrastructure$47.00M$41.00M
Other$3.25M-$12.25M-$12.25M-$12.25M-$12.25M$3.00M$3.00M
Total$317.00M$389.00M$353.00M$394.00M$264.00M$386.00M$428.00M$415.00M

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

Frequently Asked Questions

What is Duke Energy's taxes other than income taxes?
Duke Energy (DUK) reported taxes other than income taxes of $452.00M in Q1 2026.
How has Duke Energy's taxes other than income taxes changed year-over-year?
Duke Energy's taxes other than income taxes increased by 5.6% year-over-year, from $428.00M to $452.00M.
What is the long-term trend for Duke Energy's taxes other than income taxes?
Over 3 years (2021 to 2024), Duke Energy's taxes other than income taxes has grown at a 1.8% compound annual growth rate (CAGR), from $1.39B to $1.47B.
What does taxes other than income taxes mean?
Taxes paid by the company that are not based on its profit, such as property or franchise taxes.