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DUKDuke Energy Corporation
$127.78$99.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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DUK logo

Duke Energy Corporation

DUK
NYSE · Electric & Multi-Utilities
$127.78
At close - Nov 6, 4:00 PM EST - USD
Market Cap$99.62B
P/E18.5x
52W High$134.49
Volume5.48M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Aggressive Rate Base Expansion Drives Revenue Growth

Duke Energy is executing a capital-intensive strategy to modernize its grid and transition to renewable generation, which has successfully driven revenue growth to $9.2 billion in 2026Q1.

GrowthAccelerating
ProfitabilityStable
ValuationAttractive
TechnicalsNeutral
Explore valuation models
MARKET ACTION

DUK price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-11% Peers

P/E is 11% below peer median

03

Market leadership

RS 67 · Avg

Average momentum (RS Rating: 67)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · Feb 5
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 11.3% in 2026Q1, supported by a stable 29.7% operating margin that reflects effective fuel cost pass-through mechanisms.

Analyst Consensus+2.0% target
Hold(32 analysts)
14 Buy18 Hold0 Sell

The Bull Case

Upside Catalysts

Largest Five-Year Capital Plan

Duke Energy increased its five-year capital plan to $103 billion, the largest of any regulated U.S. utility. The investment focuses on grid infrastructure and power generation to meet growing regional demand and enhance reliability.

Projected EPS Growth 5-7%

The company forecasts 5% to 7% earnings per share growth through 2030, supported by its large capital plan, strong balance sheet, and contracted demand from sectors like AI and advanced manufacturing. For 2026, Duke Energy expects an adjusted profit between $6.55 and $6.80 per share.

Stable Regulated Utility Earnings

Duke's regulated utilities provide a stable source of earnings. The focus on regulated infrastructure, operational safety, and meeting long-term regional energy needs is underscored by recent approvals for new natural gas plants.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
DUK+11.54%
S&P 500 (^GSPC)+7.63%
1-Year Return
DUK+6.50%
S&P 500 (^GSPC)+9.69%
3-Year Return
DUK+56.46%
S&P 500 (^GSPC)+66.10%
5-Year Return
DUK+46.30%
S&P 500 (^GSPC)+54.43%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
18.5x
Forward P/E
19.0x
EV/EBITDA0th %ile
11.2x
FCF YieldCash Flow
7.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
18.5x
18.9x
20th· Low
EV/EBITDA
11.2x
12.2x
0th· Low
Price/FCF
13.5x
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$140.85+10.2%
Base (Fair)$142.63+11.6%
Bull$157.03+22.9%
$140.85 Bear$142.63 Base$157.03 Bull
Current Market Price: $127.78
Trades at a 10.4% discount to Base DCF ($142.63)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$32.24B+6.2% YoY
Net income FY25
$4.97B+10.2% YoY
Free cash flow FY25
-$1.67B-3583.3% YoY
Operating margin FY25
26.6%+0.5 pts YoY
ROIC (FY25)4.6%
Avg ROIC 5Y4.1%
ROE (TTM)9.6%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate9/12 (75%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$1.99+7.0%
vs $1.86
$9.1B+2.2%
vs $8.9B
Q3 2026
Aug 4, 2026
$1.43+10.0%
vs $1.30
$7.6B-0.9%
vs $7.7B
Q2 2026
May 5, 2026
$1.93+3.2%
vs $1.87
$9.2B+8.8%
vs $8.4B
Q1 2026
Feb 10, 2026
$1.50+0.7%
vs $1.49
$7.9B+6.9%
vs $7.4B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
MarketBeat·23h ago
Duke Energy Q3 Earnings Call Highlights

Duke Energy NYSE: DUK reported higher third-quarter earnings and narrowed its 2026 adjusted earnings outlook, as electricity demand and infrastructure investment supported growth at its utility businesses.

247 Wallst·1d ago
$600,000 in Dividend Stocks: How a Roth IRA Could Save You $4,460 a Year

Six household-name dividend payers hand you a steady paycheck, but one of them gets taxed far harder than the other five. Find out which holding belongs in a Roth first, and how the bill snowballs over two decades.

Zacks Investment Research·1d ago
Duke Energy Q3 Earnings Call Highlights Rising Capital Needs

Duke Energy's Q3 earnings call highlights surging data center demand, a $103 billion capital plan and regulatory hurdles shaping its long-term growth outlook.

Fool - Investing News·1d ago
These 6 Utility Stocks Offer Income and a Link to Power Demand

NextEra Energy is leaning into electricity demand, but it isn't the only way to play demand growth.

Filtered for Duke Energy CorporationMore Headlines
04

Compare before deciding

Benchmark DUK against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Duke Energy Corporation (DUK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DUK logoDUKDuke Energy CorporationCurrent
$127.78$99.62B18.496.19%15.94%9.63%3.32%
SO logoSOThe Southern Company
$92.34$104.09B21.4610.59%16%12.03%2.94%
D logoDDominion Energy, Inc.
$68.60$60.34B22.3514.16%13.94%8.01%3.88%
EXC logoEXCExelon Corporation
$45.62$46.68B17.935.34%10.17%8.95%3.5%
AEP logoAEPAmerican Electric Power Company, Inc.
$126.53$68.85B20.749.37%14.38%10.12%3.05%
PCG logoPCGPG&E Corporation
$12.97$34.76B9.582.11%12%9.14%0.77%

Compare DUK vs Peers

Duke Energy Corporation (DUK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SO

Most directly comparable listed peer for DUK.

Scale Benchmark

vs GE

Larger-name benchmark to compare DUK against a more recognizable public peer.

Peer Set

Compare Top 5

vs SO, D, EXC, AEP

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

DUK SEC Filings & Documents

Duke Energy Corporation (DUK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Aug 4, 2026·SEC

Material company update

Jul 17, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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DUK Frequently Asked Questions

Duke Energy Corporation (DUK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Duke Energy Corporation's revenue?

Duke Energy Corporation (DUK) reported $33.81B in revenue over the trailing twelve months. Revenue was $32.24B in fiscal year 2025. That is 162% more than the $12.30B of fiscal year 1996.

How fast is Duke Energy Corporation growing?

Duke Energy Corporation (DUK) grew revenue by 6.4% over the trailing twelve months, compared with the twelve months before.

Is DUK profitable?

Yes. Duke Energy Corporation (DUK) earned $5.39B in net income over the trailing twelve months (a 15.9% net margin).

Dividend & Returns
Does DUK pay dividends?

Yes. Duke Energy Corporation (DUK) pays a dividend that yields 3.32% at the current price, a moderate yield.

What is DUK's return on equity?

Duke Energy Corporation (DUK) had a return on equity (ROE) of 9.6% over the trailing twelve months. That is below the market's typical 10-15%.

What is Duke Energy Corporation's free cash flow?

Duke Energy Corporation (DUK) generated $7.40B in free cash flow over the trailing twelve months.

Industry Metrics
Is DUK's dividend sustainable?

Duke Energy Corporation (DUK) has a dividend payout ratio of 66%. This suggests the dividend is well-covered and sustainable.

What if you invested $1,000 in DUK back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →