Duke Energy Corp
Exchange: NYSESector: UtilitiesIndustry: Utilities - Regulated Electric
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida. Duke Energy Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.
Did you know?
Pays a 3.21% dividend yield.
Current Price
$132.22
+1.01%GoodMoat Value
$109.05
17.5% overvaluedProfile
Valuation (TTM)
Market Cap$102.82B
P/E20.93
EV$189.65B
P/B1.98
Shares Out777.66M
P/Sales3.19
Revenue$32.24B
EV/EBITDA11.41
Duke Energy Corp (DUK) Stock Analysis
GoodMoat Analysis
Duke Energy is a regulated electric utility with a moderate moat based on regulatory barriers and scale, but its valuation appears unfavourable relative to its intrinsic value. The business model is stable but lacks the high-quality financial metrics typical of a strong value compounder. Based on the GoodMoat framework, it fails the initial quality gate for further analysis.
Read full analysis
Duke Energy Corp is a large, regulated electric utility serving customers in the Southeast and Midwest United States. Its primary competitive advantages, or moat, stem from its status as a regulated monopoly. Applying the GoodMoat framework's Moat Identification section, it scores points for Regulatory Barriers (criterion 5) and Scale Privilege (criterion 8) due to its vast, capital-intensive infrastructure. However, it likely lacks many other moat sources like network effects or high switching costs, resulting in a moderate Moat Score. The business is stable but does not exhibit the high-quality financial profile the framework seeks. Key metrics like an ROE of 9.6% fall well below the 15-20% high-quality threshold, and its negative Free Cash Flow Yield of -1.7% and high Debt/Equity ratio of 1.75 signal a capital-intensive model with significant leverage, which are Weak ratings in the Quality Indicators section. The GoodMoat Target price is $109.05, suggesting the current price of $128.16 is above fair value, indicating a negative margin of safety. Following the Decision Framework, the combination of a likely moderate moat score, multiple weak quality indicators, and an unfavourable valuation means the stock fails the initial Moat & Quality Gate (Step 1). Therefore, it does not qualify for further valuation analysis under this value-focused framework, making it an unfavourable candidate for deeper investigation by investors seeking high-return, durable compounders. Analysis based on data as of 2024-05-15.
Market Cap$102.82B
Current Price$132.22
P/E Ratio20.93
Forward P/E—
PEG Ratio-8.06
EPS$6.31
Book Value$66.66
P/B Ratio1.98
DUK Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 90.6B
Revenue
25.1B
FY19
23.4B
FY20
24.6B
FY21
28.8B
FY22
29.1B
FY23
30.4B
FY24
32.2B
FY25
Net Income
3.7B
FY19
1.4B
FY20
3.9B
FY21
2.5B
FY22
2.8B
FY23
4.5B
FY24
5.0B
FY25
DUK 52-Week Range
$108.64
$133.46
50-Day MA: $126.82200-Day MA: $121.00
Did you know?
Profit margin stands at 15.4%.
Duke Energy Corp (DUK) Financial Summary
Duke Energy Corp (DUK) is a Utilities company in the Utilities - Regulated Electric industry, listed on NYSE. The stock currently trades at $132.22 with a market capitalization of $102.82B.
Key valuation metrics include a P/E ratio of 20.93, price-to-book ratio of 1.98, and EPS of $6.31. The company reports a profit margin of 15.4% and return on equity of 9.6%.
DUK Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $102.82B |
| P/E Ratio | 20.93 |
| EPS | $6.31 |
| P/B Ratio | 1.98 |
| P/S Ratio | 3.19 |
| EV/EBITDA | 11.41 |
| Dividend Yield | 3.21% |
| Profit Margin | 15.4% |
| Return on Equity | 9.6% |
| Debt/Equity | 1.75 |
DUK Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $25.08B | $3.75B |
| FY20 | $23.37B | $1.38B |
| FY21 | $24.62B | $3.91B |
| FY22 | $28.77B | $2.55B |
| FY23 | $29.06B | $2.84B |
| FY24 | $30.36B | $4.52B |
| FY25 | $32.24B | $4.97B |
Duke Energy Corp (DUK) Valuation
Based on GoodMoat's DCF model, Duke Energy Corp has a fair value estimate of $109.05. At the current price of $132.22, the stock appears 21.2% overvalued relative to our intrinsic value estimate.
DUK Quality Indicators
Duke Energy Corp maintains a profit margin of 15.4% and an operating margin of 26.8%. Return on equity stands at 9.6%. The current ratio is 0.55. Debt-to-equity ratio is 1.75.
About Duke Energy Corp
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida. Duke Energy Duke Energy, a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.
DUK Free Cash Flow
Duke Energy Corp generated $-1.69B in trailing twelve-month free cash flow, representing an FCF yield of -1.65%. This low FCF yield may reflect heavy reinvestment or growth spending.
DUK Shares Outstanding
Duke Energy Corp has 0.78 billion shares outstanding at a share price of $132.22, giving it a market capitalization of $102.82B.
DUK Recent Insider Trades
Recent insider transactions at Duke Energy Corp include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Ghartey-Tagoe Kodwo (EVP&CEO DECarolinas&NatGasBus) | SELL | 17,066 | $2.24M |
| Repko Regis T. (SVP, System Planning&Construct) | SELL | 663 | $86853.00 |
| Repko Regis T. (SVP, System Planning&Construct) | SELL | 962 | $123001.32 |