TOTAL REV $103.67M
TOTAL EXP $82.59M
NET $21.08M

Investment Profile · FY 2019

Duke University

Durham, North Carolina · NCAA Division I-FBS · Private nonprofit, 4-year or above · Enrollment 6,526

ZIP 27708 · IPEDS unitid 198419

Revenue Percentile (Division)
87th

Key Financial Metrics · 2019

Total Revenue
$103.67M

Total Expenses
$82.59M

Net Result
$21.08M

Unique Athletes
224

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 78.4%Women’s programs 21.6%

$81.32M
$22.35M

Sport Program Investment

Revenue by sport

Football

$39.67M

Basketball

$37.24M

Lacrosse

$3.79M

All Track Combined

$3.67M

Soccer

$3.62M

Rowing

$2.75M

Swimming and Diving

$2.01M

Tennis

$1.96M

Baseball

$1.82M

Golf

$1.79M

Expense by sport

Football

$25.18M

Basketball

$26.62M

Lacrosse

$4.34M

All Track Combined

$3.91M

Soccer

$3.49M

Rowing

$2.77M

Swimming and Diving

$2.47M

Tennis

$2.27M

Baseball

$2.96M

Golf

$1.92M

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 116 0 $39.67M $25.18M $14.49M
Basketball 2 15 14 $37.24M $26.62M $10.63M
Lacrosse 11 52 35 $3.79M $4.34M $-552.1K
All Track Combined 3 110 108 $3.67M $3.91M $-237.8K
Soccer 15 28 23 $3.62M $3.49M $127.4K
Rowing 13 0 49 $2.75M $2.77M $-14.5K
Swimming and Diving 18 23 28 $2.01M $2.47M $-461K
Tennis 22 11 8 $1.96M $2.27M $-316.1K
Baseball 1 43 0 $1.82M $2.96M $-1.13M
Golf 8 11 6 $1.79M $1.92M $-128.8K
Field Hockey 6 0 21 $1.68M $1.69M $-6.3K
Volleyball 26 0 16 $1.63M $1.74M $-112.6K
Softball 16 0 22 $1.24M $1.59M $-353.7K
Fencing 5 19 23 $719.7K $1.15M $-425.8K
Wrestling 28 23 0 $80.1K $499.4K $-419.3K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$462.8K

Athletes Tracked
224

Top Sport Share
Football · 38.3%

Program Count
15

Unique men
116

Unique women
108

Per-sport slots
804

Multi-sport coeff
3.59x

Coed men

Coed women

The program has 224 unique athletes filling 804 sport roster slots — a 3.59x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Private nonprofit, 4-year or above
Total Enrollment
6,526
Revenue Tier
Upper quartile (87th pct.)
Peers in Division
127 schools
Peers in North Carolina
68 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Texas Christian University TX $101.8M $10.63M $-1.87M
Baylor University TX $100.85M $21.13M $-2.82M
Texas A & M University-College Station TX $98.56M $13.73M $-5.11M
Louisiana State University and Agricultural & Mechanical College LA $108.81M $26.2M $5.14M
University of Florida FL $109.52M $32.02M $5.85M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $15.9K Athletic revenue per enrolled student
Expense Ratio 79.7% Expenses as % of revenue
Top Sport Share 38.3% Revenue concentration in top program
Division Percentile 87th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.