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Duke Energy Corporation

DUK Utilities Utilities Regulated Electric

Duke Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $32.2 billion, up 6.19% from fiscal 2024. In the quarter to June 2026, revenue grew 1.12%, EPS grew 10.4%, free cash flow fell 233.8% and total debt rose 5.89%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

121.49 2.61 +2.20%
Market cap
$92.7B
P/E
18.2×
Fwd P/E
18.4×
Dividend yield
3.52%
F-score
7/9
Altman Z
0.67
Beneish M
−2.79
Dividend safety
32/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K
Officer departure Receivables outpacing revenue
All filings →

Insider Decisions trades per month

Total sells 7.12
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 2 — — 4 — — 2 — — — — —
Insider Ownership 0.04%

Capital & Financial Ratios $m

Market Cap 92,690.00
Revenue 33,250.00
Net Income 5,382.00
Free Cash Flow (4,274.00)
Net Debt 88,235.00
Current Ratio 0.66 (below 1: weak)
Debt/Equity 1.56
P/E ratio 18.24
Fwd P/E 18.40
P/S ratio 2.85
P/B ratio 1.69
Past 5Y EPS Growth 29.69% (at or above 15%: strong)
This Y EPS Growth 6.42%
Next Y EPS Growth 6.74%
Next Y revenue growth 4.65%
Next 5Y EPS Growth 6.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 5.5×, against a ten-year median of 5.1×; over the ten years it ranged from 4.0× in 2016 to 6.0× in 2021.
P/E against its own 10 years 10.10%
10-year low 10-year high
P/S against its own 10 years 66.57%
10-year low 10-year high
P/B against its own 10 years 77.59%
10-year low 10-year high
EV/Sales against its own 10 years 69.37%
10-year low 10-year high

Dividends

Payout Ratio 0.64
Annual Dividend Rate 4.28
Annual Dividend Yield 3.52%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 4.36
1.07
1.07
1.09
2025 4.22
1.05
1.05
1.07
1.07
2024 4.14
1.03
1.03
1.05
1.05
2023 4.06
1.01
1.01
1.03
1.03
2022 3.98
0.99
0.99
1.01
1.01
2021 3.90
0.97
0.97
0.99
0.99
2020 3.82
0.95
0.95
0.97
0.97
2019 3.75
0.93
0.93
0.95
0.95
2018 3.64
0.89
0.89
0.93
0.93
2017 3.49
0.86
0.86
0.89
0.89
2016 3.36
0.83
0.83
0.86
0.86
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 253 314 245 673
Receivables 4,131 4,610 4,230 4,482
Inventory 4,292 4,496 4,569 4,665
Other 4,093 3,530 2,569 3,329
12,769 12,950 11,613 13,149
2023 2024 2025 Q'26
Payables 4,228 5,436 5,223 4,940
ST’ Debt 2,800 4,349 7,104 6,666
Other 4,406 4,283 4,199 4,018
17,283 19,357 21,047 19,888

Compound Annual Growth %

10y 5y 3y
Sales 3.72% 6.65% 3.87%
Cash Flow 6.29% 6.84% 27.66%
Earnings 5.72% 31.07% 26.20%
Book Value 2.92% 1.51% 0.74%

Revenue $m

Mar Jun Sep Dec Year
’26 9,178 7,592 — — —
’25 8,249 7,508 8,542 7,938 32,237
’24 7,671 7,172 8,154 7,360 30,357
’23 7,276 6,578 7,994 7,212 29,060
’22 7,011 6,564 7,842 7,351 28,768
’21 6,150 5,758 6,951 5,762 24,621
’20 5,949 5,421 6,721 5,275 23,366
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,512 2,760 — — —
’25 2,177 2,863 3,632 3,658 12,330
’24 2,474 2,953 3,524 3,377 12,328
’23 1,483 2,302 3,524 2,569 9,878
’22 1,795 2,240 1,153 739 5,927
’21 2,088 1,785 3,354 1,063 8,290
’20 1,554 1,803 3,409 2,090 8,856
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2,576) (1,392) — — —
’25 (971) (417) 179 (485) (1,694)
’24 (734) (43) 537 288 48
’23 (1,663) (817) 479 (725) (2,726)
’22 (756) (326) (1,878) (2,480) (5,440)
’21 (127) (636) 901 (1,563) (1,425)
’20 (1,278) (468) 1,104 (409) (1,051)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.97 1.38 — — —
’25 1.76 1.25 1.81 1.50 6.31
’24 1.44 1.13 1.60 1.54 5.71
’23 1.01 (0.32) 1.59 1.27 3.54
’22 1.08 1.14 1.81 (0.71) 3.33
’21 1.25 0.96 1.79 0.93 4.94
’20 1.24 (1.13) 1.74 (0.12) 1.72
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 70.16 76.14 71.96 82.46 62.13 85.56 83.76 83.06 90.09 105.20

Analyst estimates 2026–2028

Powerpack
High 87.75 91.80 91.35 97.37 103.79 108.38 116.33 106.43 121.25 130.03
People
People Employees 28,798 29,060 30,083 28,793 27,535 27,605 27,859 27,037 26,413 26,441
Revenue/emp, $m 0.79 0.81 0.82 0.87 0.85 0.89 1.03 1.07 1.15 1.22
Income, $m
Income, $m Revenue 22,743 23,565 24,521 25,079 23,366 24,621 28,768 29,060 30,357 32,237
Gross margin, % 69.70 70.37 69.30 70.28 72.13 71.73 65.04 66.69 67.81 71.95
EBT 3,734 4,266 3,073 4,097 920 3,991 4,078 4,767 5,194 5,712
EBT margin, % 16.42 18.10 12.53 16.34 3.94 16.21 14.18 16.40 17.11 17.72
Net income 2,170 3,064 2,644 3,571 1,082 3,579 2,455 2,874 4,614 5,071
Depreciation 3,880 4,046 4,696 5,176 5,486 5,663 5,843 6,084 6,419 7,704
Per share, $
Per share, $ Revenue 32.91 33.66 34.63 34.40 31.70 32.02 37.36 37.69 39.32 41.49
Earnings 3.11 4.36 3.76 5.06 1.72 4.94 3.33 3.54 5.71 6.31
Cash flow 9.93 9.46 10.15 11.26 12.02 10.78 7.70 12.81 15.97 15.87
Capex (11.43) (11.50) (13.26) (15.26) (13.44) (12.63) (14.76) (16.35) (15.91) (18.05)
Free cash flow (1.50) (2.04) (3.11) (4.00) (1.43) (1.85) (7.06) (3.54) 0.06 (2.18)
Book value 59.39 59.62 61.91 65.78 66.74 66.50 67.34 65.09 66.39 68.24
Shares, m 691 700 708 729 737 769 770 771 772 777
Valuation, ×
Valuation, × P/E 24.83 19.09 23.01 17.99 52.92 21.28 31.23 27.55 18.87 18.55
P/S 2.36 2.47 2.49 2.65 2.89 3.28 2.78 2.60 2.74 2.83
P/B 1.31 1.40 1.39 1.45 1.43 1.64 1.60 1.56 1.65 1.75
EV/Sales 4.45 4.68 4.70 4.96 5.44 5.86 5.19 5.18 5.39 5.52
EV/FCF (97.51) (77.16) (52.29) (42.67) (120.92) (101.17) (27.42) (55.18) 3,407.30 (105.10)
Cash, $m
Cash, $m Operating cash flow 6,863 6,624 7,186 8,209 8,856 8,290 5,927 9,878 12,328 12,330
Capex (7,901) (8,052) (9,389) (11,122) (9,907) (9,715) (11,367) (12,604) (12,280) (14,024)
Free cash flow (1,038) (1,428) (2,203) (2,913) (1,051) (1,425) (5,440) (2,726) 48 (1,694)
Balance, $m
Balance, $m Working capital (3,512) (4,029) (5,327) (5,589) (7,623) (5,991) (5,651) (4,514) (6,407) (9,434)
Total debt 47,895 52,279 54,529 58,126 59,863 63,835 69,751 75,252 80,689 87,212
Net debt 47,503 51,921 54,087 57,815 59,604 63,494 69,342 74,999 80,375 86,967
Shareholders’ equity 41,041 41,737 43,834 47,951 49,184 51,136 51,853 50,187 51,256 53,019
Returns, %
Returns, % ROA 1.70 2.26 1.88 2.44 0.79 2.29 1.41 1.54 2.42 2.57
ROIC 3.67 3.75 2.99 3.37 2.63 3.00 3.10 3.53 3.76 3.85
ROE 5.33 7.39 6.23 8.25 2.73 7.89 4.93 5.58 8.94 9.60
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Duke Energy Corporation vs peers in Utilities Regulated Electric (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NEE NextEra Energy, Inc. $164.7B 17.9× 21.6× +12.45% (above 0%: growing) +53.06% (above 0%: growing) −46.89% (below 0%: shrinking) 81.76% 29.71% Compare
SO Southern Company (The) $102.6B 21.9× 20.8× +0.06% (above 0%: growing) +28.75% (above 0%: growing) +23.51% (above 0%: growing) 75.71% 25.46% Compare
DUK Duke Energy Corporation $92.7B 18.2× 18.4× +1.12% (above 0%: growing) +10.40% (above 0%: growing) −233.81% (below 0%: shrinking) 73.06% 26.99%
NGG National Grid Transco, PLC $79.5B 22.3× 13.6× +10.37% (above 0%: growing) +115.14% (above 0%: growing) −2,663.95% (below 0%: shrinking) 23.34% 0.00% Compare
AEP American Electric Power Company, Inc. $67.7B 21.8× 20.3× +7.04% (above 0%: growing) −42.79% (below 0%: shrinking) −28.81% (below 0%: shrinking) 70.56% 22.90% Compare
D Dominion Energy Inc. $55.3B 22.2× 18.6× +17.59% (above 0%: growing) −57.95% (below 0%: shrinking) +31.64% (above 0%: growing) 67.68% 7.34% Compare
ETR Entergy Corporation $49.7B 26.5× 25.3× +5.85% (above 0%: growing) −1.87% (below 0%: shrinking) −16.71% (below 0%: shrinking) 69.73% 24.13% Compare
XEL Xcel Energy Inc. $46.9B 20.8× 19.2× −5.11% (below 0%: shrinking) +23.68% (above 0%: growing) −37.30% (below 0%: shrinking) 75.22% 22.64% Compare
EXC Exelon Corporation $43.9B 15.9× 16.0× +9.95% (above 0%: growing) 0.00% +49.00% (above 0%: growing) 62.95% 16.41% Compare
Median of peers $61.5B 21.8× 19.8× +8.50% +11.84% −22.76% 70.15% 22.77%

All 40 Utilities Regulated Electric stocks →

DUK metrics, ten years each

Duke Energy Corporation (DUK) key facts

  • Strength: Duke Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $32.2 billion, up 6.19% from fiscal 2024.
  • Strength: Net income was $5.1 billion, or $6.31 per share (basic), a net margin of 15.2%.
  • Duke Energy Corporation (DUK) is an Utilities Regulated Electric company in the Utilities sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, DUK traded at $121.49, a market capitalization of $92.7 billion.
  • At that price the stock trades at 18.2× trailing-twelve-month earnings and 2.8× sales; its P/E is higher than 10% of its own readings over the past ten years.
  • Duke Energy Corporation pays an annual dividend of $4.28 per share, a yield of 3.52%, with a payout ratio of 64.3%.
  • Return on equity was 9.60% and debt-to-equity 1.56.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 0.67 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Duke Energy Corporation (DUK) Latest News

10 Jul

Impact 5 ·
stockrow.com/DUK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com