Regulated Electric
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DUK vs EXC
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Electric
DUK vs EXC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Electric | Regulated Electric |
| Market Cap | $97.70B | $46.05B |
| Revenue (TTM) | $33.29B | $24.79B |
| Net Income (TTM) | $5.14B | $2.78B |
| Gross Margin | 58.4% | 29.5% |
| Operating Margin | 27.0% | 21.0% |
| Forward P/E | 18.7x | 15.8x |
| Total Debt | $90.87B | $50.55B |
| Cash & Equiv. | $245M | $1.15B |
DUK vs EXC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Duke Energy Corpora… (DUK) | 100 | 146.6 | +46.6% |
| Exelon Corporation (EXC) | 100 | 164.8 | +64.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DUK vs EXC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DUK carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 6.2%, EPS growth 10.5%, 3Y rev CAGR 3.9%
- Lower volatility, beta -0.24, current ratio 0.55x
- PEG 0.63 vs EXC's 2.50
EXC is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 1 yrs, beta -0.14, yield 3.5%
- 124.7% 10Y total return vs DUK's 106.8%
- Beta -0.14, yield 3.5%, current ratio 0.92x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 6.2% revenue growth vs EXC's 5.3% | |
| Value | PEG 0.63 vs 2.50 | |
| Quality / Margins | 15.4% margin vs EXC's 11.2% | |
| Stability / Safety | Lower D/E ratio (171.4% vs 175.5%) | |
| Dividends | 3.5% yield, 1-year raise streak, vs DUK's 3.4% | |
| Momentum (1Y) | +5.6% vs EXC's +0.8% | |
| Efficiency (ROA) | 3.3% ROA vs DUK's 2.6%, ROIC 5.1% vs 4.6% |
DUK vs EXC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DUK vs EXC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DUK leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DUK and EXC operate at a comparable scale, with $33.3B and $24.8B in trailing revenue. Profitability is closely matched — net margins range from 15.4% (DUK) to 11.2% (EXC). On growth, DUK holds the edge at +11.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $33.3B | $24.8B |
| EBITDAEarnings before interest/tax | $15.3B | $8.9B |
| Net IncomeAfter-tax profit | $5.1B | $2.8B |
| Free Cash FlowCash after capex | $6.6B | -$2.2B |
| Gross MarginGross profit ÷ Revenue | +58.4% | +29.5% |
| Operating MarginEBIT ÷ Revenue | +27.0% | +21.0% |
| Net MarginNet income ÷ Revenue | +15.4% | +11.2% |
| FCF MarginFCF ÷ Revenue | +19.8% | -8.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +11.3% | +7.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +11.9% | 0.0% |
Valuation Metrics
EXC leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 16.4x trailing earnings, EXC trades at a 17% valuation discount to DUK's 19.9x P/E. Adjusting for growth (PEG ratio), DUK offers better value at 0.67x vs EXC's 2.57x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $97.7B | $46.1B |
| Enterprise ValueMkt cap + debt − cash | $188.3B | $95.5B |
| Trailing P/EPrice ÷ TTM EPS | 19.90x | 16.43x |
| Forward P/EPrice ÷ next-FY EPS est. | 18.74x | 15.78x |
| PEG RatioP/E ÷ EPS growth rate | 0.67x | 2.57x |
| EV / EBITDAEnterprise value multiple | 12.64x | 10.86x |
| Price / SalesMarket cap ÷ Revenue | 3.03x | 1.90x |
| Price / BookPrice ÷ Book value/share | 1.84x | 1.58x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
EXC leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
EXC delivers a 9.8% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $10 for DUK. DUK carries lower financial leverage with a 1.71x debt-to-equity ratio, signaling a more conservative balance sheet compared to EXC's 1.76x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.6% | +9.8% |
| ROA (TTM)Return on assets | +2.6% | +3.3% |
| ROICReturn on invested capital | +4.6% | +5.1% |
| ROCEReturn on capital employed | +5.0% | +5.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.71x | 1.76x |
| Net DebtTotal debt minus cash | $90.6B | $49.4B |
| Cash & Equiv.Liquid assets | $245M | $1.2B |
| Total DebtShort + long-term debt | $90.9B | $50.6B |
| Interest CoverageEBIT ÷ Interest expense | 2.57x | 2.42x |
Total Returns (Dividends Reinvested)
DUK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EXC five years ago would be worth $16,447 today (with dividends reinvested), compared to $14,516 for DUK. Over the past 12 months, DUK leads with a +5.6% total return vs EXC's +0.8%. The 3-year compound annual growth rate (CAGR) favors DUK at 11.8% vs EXC's 5.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +7.8% | +3.5% |
| 1-Year ReturnPast 12 months | +5.6% | +0.8% |
| 3-Year ReturnCumulative with dividends | +39.6% | +16.1% |
| 5-Year ReturnCumulative with dividends | +45.2% | +64.5% |
| 10-Year ReturnCumulative with dividends | +106.8% | +124.7% |
| CAGR (3Y)Annualised 3-year return | +11.8% | +5.1% |
Risk & Volatility
DUK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
DUK is the less volatile stock with a -0.24 beta — it tends to amplify market swings less than EXC's -0.14 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DUK currently trades 93.3% from its 52-week high vs EXC's 88.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.24x | -0.14x |
| 52-Week HighHighest price in past year | $134.49 | $50.65 |
| 52-Week LowLowest price in past year | $111.22 | $41.71 |
| % of 52W HighCurrent price vs 52-week peak | +93.3% | +88.9% |
| RSI (14)Momentum oscillator 0–100 | 46.7 | 40.6 |
| Avg Volume (50D)Average daily shares traded | 3.6M | 8.2M |
Analyst Outlook
EXC leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates DUK as "Hold" and EXC as "Hold". Consensus price targets imply 9.2% upside for EXC (target: $49) vs 7.9% for DUK (target: $135). For income investors, EXC offers the higher dividend yield at 3.55% vs DUK's 3.38%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $135.44 | $49.18 |
| # AnalystsCovering analysts | 31 | 35 |
| Dividend YieldAnnual dividend ÷ price | +3.4% | +3.5% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $4.25 | $1.60 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
DUK leads in 3 of 6 categories (Income & Cash Flow, Total Returns). EXC leads in 3 (Valuation Metrics, Profitability & Efficiency).
DUK vs EXC: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is DUK or EXC a better buy right now?
For growth investors, Duke Energy Corporation (DUK) is the stronger pick with 6.
2% revenue growth year-over-year, versus 5. 3% for Exelon Corporation (EXC). Exelon Corporation (EXC) offers the better valuation at 16. 4x trailing P/E (15. 8x forward), making it the more compelling value choice. Analysts rate Duke Energy Corporation (DUK) a "Hold" — based on 31 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — DUK or EXC?
On trailing P/E, Exelon Corporation (EXC) is the cheapest at 16.
4x versus Duke Energy Corporation at 19. 9x. On forward P/E, Exelon Corporation is actually cheaper at 15. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Duke Energy Corporation wins at 0. 63x versus Exelon Corporation's 2. 50x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — DUK or EXC?
Over the past 5 years, Exelon Corporation (EXC) delivered a total return of +64.
5%, compared to +45. 2% for Duke Energy Corporation (DUK). Over 10 years, the gap is even starker: EXC returned +124. 7% versus DUK's +106. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — DUK or EXC?
By beta (market sensitivity over 5 years), Duke Energy Corporation (DUK) is the lower-risk stock at -0.
24β versus Exelon Corporation's -0. 14β — meaning EXC is approximately -43% more volatile than DUK relative to the S&P 500. On balance sheet safety, Duke Energy Corporation (DUK) carries a lower debt/equity ratio of 171% versus 176% for Exelon Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — DUK or EXC?
By revenue growth (latest reported year), Duke Energy Corporation (DUK) is pulling ahead at 6.
2% versus 5. 3% for Exelon Corporation (EXC). On earnings-per-share growth, the picture is similar: Exelon Corporation grew EPS 11. 8% year-over-year, compared to 10. 5% for Duke Energy Corporation. Over a 3-year CAGR, EXC leads at 8. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — DUK or EXC?
Duke Energy Corporation (DUK) is the more profitable company, earning 15.
4% net margin versus 11. 4% for Exelon Corporation — meaning it keeps 15. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DUK leads at 26. 6% versus 21. 2% for EXC. At the gross margin level — before operating expenses — DUK leads at 31. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is DUK or EXC more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Duke Energy Corporation (DUK) is the more undervalued stock at a PEG of 0. 63x versus Exelon Corporation's 2. 50x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Exelon Corporation (EXC) trades at 15. 8x forward P/E versus 18. 7x for Duke Energy Corporation — 3. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for EXC: 9. 2% to $49. 18.
08Which pays a better dividend — DUK or EXC?
All stocks in this comparison pay dividends.
Exelon Corporation (EXC) offers the highest yield at 3. 5%, versus 3. 4% for Duke Energy Corporation (DUK).
09Is DUK or EXC better for a retirement portfolio?
For long-horizon retirement investors, Duke Energy Corporation (DUK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
24), 3. 4% yield, +106. 8% 10Y return). Both have compounded well over 10 years (DUK: +106. 8%, EXC: +124. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between DUK and EXC?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: DUK is a mid-cap income-oriented stock; EXC is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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