Duke Energy Corporation (DUK) vs Xcel Energy Inc. (XEL)

Duke Energy Corporation and Xcel Energy Inc. are both Utilities Regulated Electric companies. Duke Energy Corporation is the larger, with a market value of $88.1B against $43.4B — 2.0× the size. Duke Energy Corporation trades at the lower P/E: 17.0× against 19.0×. Duke Energy Corporation grew revenue faster over the last twelve months: 6.33% against 4.72%. Duke Energy Corporation has the higher net margin (15.6% vs 15.3%) and the higher return on invested capital (3.97% vs 2.83%). Both pay a dividend; Duke Energy Corporation yields more (4.54% vs 3.79%). Across the 22 metrics below, Duke Energy Corporation leads on 19 and Xcel Energy Inc. on 3.

Valuation

Metric DUK XEL Utilities Regulated Electric median
P/E 17.02 19.02 18.84
P/S 2.66 2.98 2.52
P/B 1.58 1.81 1.63
Price to free cash flow n/m n/m 36.22
EV/EBITDA 10.40 13.89 11.82
EV/Sales 5.31 5.55 4.58
Earnings yield 5.88% 5.26% 5.30%
Free cash flow yield (4.84%) (17.63%) (5.06%)

Profitability

Metric DUK XEL Utilities Regulated Electric median
Gross margin 71.37% 67.57% 66.28%
Operating margin 27.75% 19.08% 21.79%
Net margin 15.61% 15.28% 12.94%
Free cash flow margin (12.85%) (52.63%) (11.51%)
Return on equity 9.70% 9.92% 9.75%
Return on assets 2.66% 2.75% 2.75%
Return on invested capital 3.97% 2.83% 3.87%

Growth

Metric DUK XEL Utilities Regulated Electric median
Revenue growth (TTM) 6.33% 4.72% 7.43%
EPS growth (last fiscal year) 10.51% (0.58%) —
Revenue growth, 5-year CAGR 6.65% 4.94% 6.75%
Net income growth, 5-year CAGR 31.07% 6.50% 6.44%

Health

Metric DUK XEL Utilities Regulated Electric median
Debt to equity 1.56 1.64 1.53
Current ratio 0.66 0.70 0.81
Net debt to EBITDA 5.33 5.93 5.25

Dividend

Metric DUK XEL Utilities Regulated Electric median
Dividend yield 4.54% 3.79% 4.33%
Payout ratio 0.86 0.64 0.66

Size

Metric DUK XEL Utilities Regulated Electric median
Market cap 88.11b 43.36b 22.90b

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