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Duke EnergyDUK

Electric Utilities · Charlotte, North Carolina · In the S&P 500
Solid business
$127.39+1.18%After hours: $127.90 (+0.40%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 2.5% over 1 year
Duke Energy over 1 yearDaily close, $, to 30 Oct 2026
$120$130Nov2026MarMayJulSep$127.39$120$130NovMarJul$127.39
Source: Nasdaq daily closes
Market value$99.33B
Price to earnings19.2x
Forward P/E18.8x
Dividend yield3.41%
Year to date+8.7%
One year+2.5%
Next earningsThu 5 Nov, before the open
SectorUtilities
52-week range (closes)
$113.23$133.46

Quality and valuation

How Duke Energy compares with other utilities stocks. A description, not a recommendation.

Duke Energy and 7 electric utilities peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among utilities companies, priced about in line with them.

Duke Energy trades at 18.8 times the next 12 months of expected earnings, against a median of 18.6x for the 33 utilities stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +5.8% vs +8.3%
  • More profitable (operating margin): 27.7% vs 23.0%
  • Turns more of its sales into cash: −10.1% vs −14.5%
DUK trades at 18.8x forward earnings, above the sector medianForward p/e, Electric Utilities peers
VST15.1xEXC15.7xDUK18.8xAEP19.6xSO20.1xCEG21.4xWEC21.9xETR23.4xSector median 18.6xVST15.1xEXC15.7xDUK18.8xAEP19.6xSO20.1xCEG21.4xWEC21.9xETR23.4xSector median 18.6x
Source: CNBC quotes; Mostly Markets
At 19.5x earnings, DUK is cheaper than its average since May 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
25xAverage 20.5x2025202619.5x25xAverage 20.5x2025202619.5x
Source: Nasdaq prices; SEC filings

Financials

From Duke Energy's SEC filings, through the quarter ending 31 Mar 2026. Hover or tap a bar for its value.

Revenue grew 9.5% from a year earlierQuarterly revenue, $bn, latest Q1 ’26
$0bn$2bn$5bn$8bnQ2 ’24Q4 ’24Q2 ’25$9.0bnQ1 ’26$0bn$5bnQ2 ’24Q4 ’24Q2 ’25$9.0bnQ1 ’26
Source: SEC filings
Growth sped up to +9.5% last quarterRevenue growth, year on year, %
0%5%10%Q2 ’24Q4 ’24Q2 ’259.5%Q1 ’260%5%10%Q2 ’24Q4 ’24Q2 ’259.5%Q1 ’26
Source: SEC filings
Operating margin was 30.3% last quarterOperating income as a share of revenue, %
0%10%20%30%Q2 ’24Q4 ’24Q2 ’2530.3%Q1 ’260%20%Q2 ’24Q4 ’24Q2 ’2530.3%Q1 ’26
Source: SEC filings
Free cash flow was −$3.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$-2bn$-1bn$0bnQ2 ’24Q4 ’24Q2 ’25−$2.6bnQ1 ’26$-2bn$0bnQ2 ’24Q4 ’24Q2 ’25−$2.6bnQ1 ’26
Source: SEC filings
Last 12 monthsDUKSector median
Revenue growth+5.8%+8.3%
Operating margin27.7%23.0%
Free cash flow margin−10.1%−14.5%
Price to earnings19.2x21.1x

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Similar companies

Electric Utilities, by market value.

CompanyPriceTodayYTDValue
SOSouthern$93.71+0.77%+7.5%$108B
CEGConstellation Energy$262.38−0.83%−25.7%$92.96B
AEPAmerican Electric Power$130.21+0.67%+12.9%$70.90B
ETREntergy$110.11+0.13%+19.1%$52.61B
EXCExelon$46.16+0.54%+5.9%$47.65B
VSTVistra$138.37−1.83%−14.2%$46.44B
WECWEC Energy Group$116.07+1.26%+10.1%$37.82B
PEGPublic Service Enterprise Group$74.29+0.90%−7.5%$37.03B