Duke Energy Corporation (DUK) vs Southern Company (The) (SO)

Duke Energy Corporation and Southern Company (The) are both Utilities Regulated Electric companies. Duke Energy Corporation and Southern Company (The) are of similar size ($107.4B and $101.4B). Duke Energy Corporation trades at the lower P/E: 19.1× against 21.2×. Southern Company (The) grew revenue faster over the last twelve months: 7.91% against 6.80%. Southern Company (The) has the higher net margin (16.0% vs 15.8%) and the higher return on invested capital (4.15% vs 4.08%). Both pay a dividend; Duke Energy Corporation yields more (3.28% vs 3.22%). Across the 21 metrics below, Duke Energy Corporation leads on 11 and Southern Company (The) on 10.

Valuation

Metric DUK SO Utilities Regulated Electric median
P/E 19.06 21.25 19.45
P/S 3.01 3.46 2.78
P/B 1.82 2.41 1.82
Price to free cash flow n/m n/m 45.34
EV/EBITDA 11.19 12.69 12.40
EV/Sales 5.67 5.75 4.95
Earnings yield 5.25% 4.71% 5.12%
Free cash flow yield (5.08%) (3.19%) (5.93%)

Profitability

Metric DUK SO Utilities Regulated Electric median
Gross margin 0.00% 0.00% 62.00%
Operating margin 28.51% 24.72% 21.72%
Net margin 15.77% 16.00% 13.45%
Free cash flow margin (15.27%) 33.58% (11.71%)
Return on equity 0.00% 12.02% 9.94%
Return on assets 2.69% 3.15% 2.85%
Return on invested capital 4.08% 4.15% 3.95%

Growth

Metric DUK SO Utilities Regulated Electric median
Revenue growth (TTM) 6.80% 7.91% 7.78%
EPS growth (last fiscal year) 10.51% (1.99%) 6.01%
Revenue growth, 5-year CAGR 6.65% 7.72% 6.72%
Net income growth, 5-year CAGR 31.07% 6.84% 6.50%

Health

Metric DUK SO Utilities Regulated Electric median
Debt to equity 1.57 1.63 1.54
Current ratio 0.68 0.84 0.88
Net debt to EBITDA 5.33 5.27 5.27

Dividend

Metric DUK SO Utilities Regulated Electric median
Dividend yield 3.28% 3.22% 3.16%
Payout ratio 0.63 0.68 0.63

Size

Metric DUK SO Utilities Regulated Electric median
Market cap 101.42b 107.37b 26.54b

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