Duke Energy Corporation (DUK) Financial Ratios
30 years of historical data (1996–2025) · Utilities · Regulated Electric
EV/EBITDA
↓
12.64
+2% vs avg
5yr avg: 12.40
30Y Low4.0·High25.3
P/FCF
N/A
—
5yr avg: 1732.82
30Y Low6.9·High79.4
P/B Ratio
↑
1.84
+16% vs avg
5yr avg: 1.59
30Y Low0.5·High1.7
ROE
↑
9.5%
↓+20% vs avg
5yr avg: 7.9%
30Y Low-8%·High20%
Debt/EBITDA
↓
6.10
↓-0% vs avg
5yr avg: 6.12
30Y Low2.0·High17.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DUK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Duke Energy Corporation trades at 19.9x earnings, 9% below its 5-year average of 21.8x, sitting at the 72nd percentile of its historical range. This is roughly in line with the Utilities sector median P/E of 19.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $97.7B | $91.1B | $83.2B | $74.8B | $79.3B | $80.7B | $67.6B | $66.5B | $61.1B | $58.9B | $53.6B |
| Enterprise Value | $188.3B | $181.7B | $168.1B | $155.0B | $153.8B | $148.6B | $131.4B | $128.9B | $118.6B | $113.4B | $104.4B |
| P/E Ratio → | 19.90 | 18.58 | 18.87 | 17.87 | 32.49 | 21.23 | 53.23 | 18.03 | 22.89 | 19.29 | 24.96 |
| P/S Ratio | 3.03 | 2.83 | 2.74 | 2.57 | 2.76 | 3.28 | 2.89 | 2.65 | 2.49 | 2.50 | 2.36 |
| P/B Ratio | 1.84 | 1.72 | 1.62 | 1.49 | 1.53 | 1.58 | 1.37 | 1.39 | 1.39 | 1.41 | 1.31 |
| P/FCF | — | — | 1732.82 | — | — | — | — | — | — | — | — |
| P/OCF | 7.91 | 7.37 | 6.75 | 7.57 | 13.38 | 9.73 | 7.63 | 8.10 | 8.50 | 8.89 | 7.89 |
P/E links to full P/E history page with 30-year chart
DUK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Duke Energy Corporation's enterprise value stands at 12.6x EBITDA, roughly in line with its 5-year average of 12.4x. The Utilities sector median is 11.3x, placing the stock at a 12% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.64 | 5.54 | 5.33 | 5.35 | 6.04 | 5.62 | 5.14 | 4.84 | 4.81 | 4.59 |
| EV / EBITDA | 12.64 | 12.19 | 11.72 | 11.79 | 12.97 | 13.31 | 13.06 | 11.84 | 12.64 | 11.73 | 11.50 |
| EV / EBIT | 21.96 | 19.44 | 19.60 | 19.92 | 23.60 | 23.97 | 43.55 | 20.45 | 22.95 | 18.14 | 18.48 |
| EV / FCF | — | — | 3501.90 | — | — | — | — | — | — | — | — |
DUK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Duke Energy Corporation earns an operating margin of 26.6%, above the Utilities sector average of 19.9%. Operating margins have expanded from 24.3% to 26.6% over the past 3 years, signaling improving operational efficiency. ROE of 9.5% is modest. ROIC of 4.6% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.6% | 31.6% | 50.1% | 47.3% | 45.1% | 48.6% | 48.6% | 46.1% | 42.9% | 45.4% | 42.3% |
| Operating Margin | 26.6% | 26.6% | 26.1% | 24.3% | 20.9% | 22.3% | 19.6% | 22.8% | 19.1% | 23.9% | 22.9% |
| Net Profit Margin | 15.4% | 15.4% | 14.9% | 14.8% | 8.9% | 15.9% | 5.9% | 14.9% | 10.9% | 13.0% | 11.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.5% | 9.5% | 8.9% | 8.4% | 5.0% | 7.8% | 2.8% | 8.2% | 6.2% | 7.4% | 6.6% |
| ROA | 2.6% | 2.6% | 2.5% | 2.4% | 1.5% | 2.4% | 0.9% | 2.5% | 1.9% | 2.3% | 2.1% |
| ROIC | 4.6% | 4.6% | 4.5% | 4.1% | 3.7% | 3.6% | 3.1% | 4.0% | 3.6% | 4.5% | 4.5% |
| ROCE | 5.0% | 5.0% | 4.9% | 4.4% | 3.8% | 3.7% | 3.2% | 4.2% | 3.7% | 4.6% | 4.5% |
DUK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Duke Energy Corporation carries a Debt/EBITDA ratio of 6.1x, which is highly leveraged (28% above the sector average of 4.8x). Net debt stands at $90.6B ($90.9B total debt minus $245M cash). Interest coverage of just 2.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.71 | 1.71 | 1.66 | 1.60 | 1.44 | 1.33 | 1.30 | 1.31 | 1.32 | 1.30 | 1.23 |
| Debt / EBITDA | 6.10 | 6.10 | 5.94 | 6.12 | 6.32 | 6.12 | 6.37 | 5.76 | 6.18 | 5.63 | 5.55 |
| Net Debt / Equity | — | 1.71 | 1.66 | 1.60 | 1.44 | 1.33 | 1.30 | 1.30 | 1.31 | 1.31 | 1.24 |
| Net Debt / EBITDA | 6.08 | 6.08 | 5.92 | 6.10 | 6.28 | 6.08 | 6.35 | 5.73 | 6.13 | 5.64 | 5.59 |
| Debt / FCF | — | — | 1769.08 | — | — | — | — | — | — | — | — |
| Interest Coverage | 2.57 | 2.57 | 2.53 | 2.58 | 2.67 | 2.81 | 1.40 | 2.86 | 2.47 | 3.15 | 3.27 |
DUK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.55x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.74x to 0.55x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.55 | 0.55 | 0.67 | 0.74 | 0.70 | 0.62 | 0.53 | 0.62 | 0.65 | 0.68 | 0.70 |
| Quick Ratio | 0.33 | 0.33 | 0.44 | 0.49 | 0.51 | 0.43 | 0.34 | 0.40 | 0.44 | 0.42 | 0.39 |
| Cash Ratio | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Asset Turnover | — | 0.16 | 0.16 | 0.16 | 0.16 | 0.15 | 0.14 | 0.16 | 0.17 | 0.17 | 0.17 |
| Inventory Turnover | 4.83 | 4.83 | 3.36 | 3.57 | 4.41 | 4.07 | 3.79 | 4.18 | 4.54 | 3.98 | 3.72 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
DUK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Duke Energy Corporation returns 3.4% to shareholders annually primarily through dividends. A payout ratio of 66.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 5.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.4% | 3.6% | 3.9% | 4.3% | 4.0% | 3.9% | 4.2% | 4.0% | 4.0% | 4.2% | 4.3% |
| Payout Ratio | 66.4% | 66.4% | 71.2% | 75.5% | 124.7% | 79.7% | 204.2% | 71.2% | 92.7% | 80.1% | 87.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.0% | 5.4% | 5.3% | 5.6% | 3.1% | 4.7% | 1.9% | 5.5% | 4.4% | 5.2% | 4.0% |
| FCF Yield | — | — | 0.1% | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.4% | 3.6% | 3.9% | 4.3% | 4.0% | 3.9% | 4.2% | 4.0% | 4.0% | 4.2% | 4.3% |
| Shares Outstanding | — | $777M | $772M | $771M | $770M | $769M | $738M | $729M | $708M | $700M | $691M |
Peer Comparison
Compare DUK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DUKYou | $98B | 19.9 | 12.6 | — | 31.6% | 26.6% | 9.5% | 4.6% | 6.1 |
 SO | $105B | 23.9 | 12.8 | — | 29.8% | 24.6% | 11.5% | 5.3% | 4.9 |
 D | $54B | 17.9 | 15.1 | — | 49.0% | 26.7% | 9.4% | 4.3% | 7.2 |
 EXC | $45B | 16.5 | 10.8 | — | 45.9% | 21.2% | 9.9% | 5.1% | 5.7 |
 AEP | $72B | 19.9 | 13.9 | — | 31.8% | 24.3% | 12.1% | 5.1% | 5.7 |
 PCG | $36B | 13.7 | 9.8 | — | 19.6% | 19.6% | 8.6% | 4.0% | 6.2 |
 ED | $25B | 18.9 | 4.8 | 5.6 | 81.0% | 17.3% | 8.8% | 6.0% | 0.1 |
 XEL | $50B | 23.6 | 14.5 | — | 24.3% | 19.6% | 9.4% | 4.0% | 6.0 |
 NEE | $199B | 29.0 | 19.0 | — | 62.8% | 30.1% | 10.7% | 4.1% | 6.2 |
 ETR | $52B | 28.9 | 14.8 | — | 29.9% | 23.6% | 10.9% | 5.0% | 5.5 |
 PPL | $27B | 23.1 | 12.7 | — | 39.1% | 23.6% | 6.6% | 4.6% | 5.2 |
| Utilities Median | — | 19.8 | 11.3 | 15.1 | 40.9% | 19.9% | 9.4% | 4.8% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Full DUK Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
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View ValuationCompare DUK vs SO
Side-by-side business, growth, and profitability comparison vs The Southern Company.
Start ComparisonDUK — Frequently Asked Questions
Quick answers to the most common questions about buying DUK stock.
What is Duke Energy Corporation's P/E ratio?
Duke Energy Corporation's current P/E ratio is 19.9x. The historical average is 17.7x. This places it at the 72th percentile of its historical range.
What is Duke Energy Corporation's EV/EBITDA?
Duke Energy Corporation's current EV/EBITDA is 12.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.0x.
What is Duke Energy Corporation's ROE?
Duke Energy Corporation's return on equity (ROE) is 9.5%. The historical average is 8.0%.
Is DUK stock overvalued?
Based on historical data, Duke Energy Corporation is trading at a P/E of 19.9x. This is at the 72th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Duke Energy Corporation's dividend yield?
Duke Energy Corporation's current dividend yield is 3.38% with a payout ratio of 66.4%.
What are Duke Energy Corporation's profit margins?
Duke Energy Corporation has 31.6% gross margin and 26.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Duke Energy Corporation have?
Duke Energy Corporation's Debt/EBITDA ratio is 6.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.