Duke Energy Corporation (DUK) vs NextEra Energy, Inc. (NEE)

Duke Energy Corporation and NextEra Energy, Inc. are both Utilities Regulated Electric companies. NextEra Energy, Inc. is the larger, with a market value of $158.3B against $88.1B — 1.8× the size. Duke Energy Corporation trades at the lower P/E: 17.0× against 17.1×. NextEra Energy, Inc. grew revenue faster over the last twelve months: 10.8% against 6.33%. NextEra Energy, Inc. has the higher net margin (32.4% vs 15.6%) and the lower return on invested capital (3.05% vs 3.97%). Both pay a dividend; Duke Energy Corporation yields more (4.54% vs 3.63%). Across the 22 metrics below, Duke Energy Corporation leads on 15 and NextEra Energy, Inc. on 7.

Valuation

Metric DUK NEE Utilities Regulated Electric median
P/E 17.02 17.11 18.84
P/S 2.66 5.53 2.52
P/B 1.58 2.33 1.63
Price to free cash flow n/m n/m 36.22
EV/EBITDA 10.40 16.83 11.82
EV/Sales 5.31 9.27 4.58
Earnings yield 5.88% 5.84% 5.30%
Free cash flow yield (4.84%) (10.44%) (5.06%)

Profitability

Metric DUK NEE Utilities Regulated Electric median
Gross margin 71.37% 81.54% 66.28%
Operating margin 27.75% 29.82% 21.79%
Net margin 15.61% 32.40% 12.94%
Free cash flow margin (12.85%) (57.72%) (11.51%)
Return on equity 9.70% 14.42% 9.75%
Return on assets 2.66% 4.31% 2.75%
Return on invested capital 3.97% 3.05% 3.87%

Growth

Metric DUK NEE Utilities Regulated Electric median
Revenue growth (TTM) 6.33% 10.81% 7.43%
EPS growth (last fiscal year) 10.51% (2.08%) —
Revenue growth, 5-year CAGR 6.65% 8.78% 6.75%
Net income growth, 5-year CAGR 31.07% 18.55% 6.44%

Health

Metric DUK NEE Utilities Regulated Electric median
Debt to equity 1.56 1.62 1.53
Current ratio 0.66 0.53 0.81
Net debt to EBITDA 5.33 6.10 5.25

Dividend

Metric DUK NEE Utilities Regulated Electric median
Dividend yield 4.54% 3.63% 4.33%
Payout ratio 0.86 0.44 0.66

Size

Metric DUK NEE Utilities Regulated Electric median
Market cap 88.11b 158.26b 22.90b

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