Duke Energy CORP (DUK)
Utilities · Electric Utilities · US stock · S&P 500 component
$121.47
▲ +2.59 (2.18%)
Fair valueFair
$130 +6.9% to fair value
$65fair band $91–$169$195
Day's range
$119.00 – $121.61
52-week range
$110.99 – $132.18
About Duke Energy CORP
Duke Energy is a large regulated utility holding company that provides electricity and natural gas service to customers in several states in the Carolinas, Florida, the Midwest and nearby areas. It generates power from nuclear, natural gas, coal, hydro and renewable sources, then delivers it through its own grid. Revenue is determined mainly by rates approved by state regulators that allow cost recovery and an authorized return.
Over the last twelve months Duke Energy CORP reported revenue of $32.5 billion, which expanded at 3.4% a year across three years. Its operating margin is 27.7% and its return on invested capital is 5%. Leverage, measured as net debt to EBITDA, is 5.2 times. A dividend is paid, with a yield of 3.5%. The X-Ray Score is 58 out of 100, a summary of these measures.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $110.99 – $132.18Volume 3,751,900Daily, split-adjusted
Vitals
Market cap$94.6B
52-week range$110.99 – $132.18
Volume (last day)3,751,900
P/E (TTM)18.4
EBIT / EV yield4.9%
Free-cash-flow yield-3.5%
Dividend yield3.5%
Revenue (TTM)$32.5B
Net income (TTM)$5.1B
Operating margin27.7%
Return on capital5.5%
Debt incl. leases$90.2B
Cash & securities$2.1B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$130model spread $120 – $152
Fair
+6.9% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Terminal value >80% of DCF: lower confidence
Price $121
Undervalued < $91Fair $91 – $169Overvalued > $169
10-year DCF (market-scaled)
$102
Peer multiples
$143
Earnings power floor (not blended)
$27
Fundamentals-adjusted multiple
$145
Growth the price implies
10.3%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
Valuation
Fair
67/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.9%
Free-cash-flow yield-3.5%
Fair value vs price1.1×
Growth
Fair
62/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)3.4%
EPS growth (3y)25.8%
Growth consistency90%
Profitability
Fair
65/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital5.5%
Operating margin27.7%
Financial health
Weak
48/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA5.2×
Interest cover2.4×
Dividends
Fair
53/100
Dividend is typical for its sector.
See the numbers →
Dividend yield3.5%
Dividend growth1.3%
Quarterly results: last 6 quarters
+1.6%
Dec '24
+9.1%
Mar '25
+3.1%
Jun '25
+3.1%
Sep '25
+7.4%
Dec '25
+9.5%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $9.0B, diluted EPS $1.97.
Compare with peers
EIX Edison International71 EXC Exelon Corp66 ES Eversource Energy66 AEP American Electric Powe...63Other Electric Utilities companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 8 Average · ● 1 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioAverage
Net debt / EBITDAGood
Interest coverAverage
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 64/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $24.5B | $28.7B | $28.7B | $30.1B | $31.7B |
| Operating income | $5.5B | $6.0B | $7.1B | $7.9B | $8.6B |
| Net income | $3.9B | $2.6B | $2.8B | $4.5B | $5.0B |
| Operating cash flow | $8.3B | $5.9B | $9.9B | $12.3B | $12.3B |
| Operating margin | 22.5% | 21.0% | 24.7% | 26.4% | 27.2% |
| Free cash flow | −$1.4B | −$5.4B | −$2.7B | $48M | −$1.7B |
| Diluted EPS | $4.94 | $3.17 | $3.54 | $5.71 | $6.31 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 1 neutral · 5 bearish
Weekly
Bullish
7 bullish · 1 neutral · 4 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 117.4 | Bullish |
| EMA 10 | 118.0 | Bullish |
| SMA 20 | 115.9 | Bullish |
| EMA 20 | 117.4 | Bullish |
| SMA 50 | 118.9 | Bullish |
| EMA 50 | 118.8 | Bullish |
| SMA 100 | 121.7 | Bearish |
| EMA 100 | 120.5 | Bullish |
| SMA 200 | 122.5 | Bearish |
| EMA 200 | 120.8 | Bullish |
Oscillators (daily)
| RSI (14) | 66.83 | Neutral |
| MACD (12, 26) | 0.23 | Bullish |
| Momentum (12) | 6.54 | Bullish |
| Stochastic %K (14) | 98.16 | Bearish |
| Williams %R (14) | -1.84 | Bearish |
| CCI (20) | 177.6 | Bearish |
Pivot points (classic, last session)
S3 117.2 | S2 118.1 | S1 119.8 | Pivot 120.7 | R1 122.4 | R2 123.3 | R3 125.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
4.28 USD
Yield on today's price
3.52%
Frequency
Quarterly
Next ex-dividend date
13 Nov 2026
| Ex-dividend date | Amount per share |
|---|---|
| 13 Nov 2026 (upcoming) | 1.0850 |
| 14 Aug 2026 | 1.0850 |
| 15 May 2026 | 1.0650 |
| 13 Feb 2026 | 1.0650 |
| 14 Nov 2025 | 1.0650 |
| 15 Aug 2025 | 1.0650 |
| 16 May 2025 | 1.0450 |
| 14 Feb 2025 | 1.0450 |
| 15 Nov 2024 | 1.0450 |
| 16 Aug 2024 | 1.0450 |
| 16 May 2024 | 1.0250 |
| 15 Feb 2024 | 1.0250 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
DUK SEC filings
25 Sep 2026
8-KSEC EDGAR
Director or officer change; Other events
13 Aug 2026
8-KSEC EDGAR
Other events
12 Aug 2026
424B5SEC EDGAR
424B5
10 Aug 2026
424B5SEC EDGAR
424B5
5 Aug 2026
8-KSEC EDGAR
Regulation FD disclosure
4 Aug 2026
10-QSEC EDGAR
Quarterly report
4 Aug 2026
8-KSEC EDGAR
Results of operations
17 Jul 2026
8-KSEC EDGAR
Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.