Duke Energy (DUK) stock
Utilities · Electric Utilities
Duke Energy (DUK) is an Electric Utilities company in the Utilities sector, headquartered in Charlotte, North Carolina. As of October 23, 2026, DUK closed at $124.98, a market capitalization of $97.45 billion, the 122nd largest company in the S&P 500. Over the last twelve months it generated $32.80 billion in revenue (+1% year over year) and -$4.27 billion in free cash flow. The stock trades at 18.8x trailing earnings and 17.4x forward earnings.
- 1-year total return: +1.7% (dividends reinvested)
- 5-year return: +7.9% a year
- 52-week range: $112.40 – $134.49
- Gross margin 52.0%, operating margin 27.5%
- Dividend yield: 3.47%, 21 straight years of increases
- FI Handbook report card: C- across 10 metrics
- 3rd largest of 31 Utilities stocks in the S&P 500
DUK price chart
1Y price change: -1.8% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| DUK | +9.5% | +9.4% | +1.7% | +17.5% | +7.9% | +9.2% | +11.7% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
DUK key statistics
- Market cap
- $97.4B
- #122 in S&P 500
- P/E (TTM)
- 18.8x
- Forward P/E
- 17.4x
- EPS (TTM)
- $6.64
- Revenue (TTM)
- $32.8B
- +1%
- Free cash flow
- -$4.3B
- Gross margin
- 52.0%
- Operating margin
- 27.5%
- Return on equity
- 9.9%
- Dividend yield
- 3.47%
- 52-week range
- $112.40 – $134.49
- Beta
- 0.34
- Price / sales
- 3.0x
- EV / EBITDA
- 11.6x
- Debt / equity
- 1.62x
- Employees
- 26,441
DUK report card
C-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth1.1%D
- Gross margin52.0%B
- Operating margin27.5%B
- FCF margin-13.0%F
- Return on equity9.9%D
- Net debt / EBITDA5.5xF
- Forward P/E17.4xB
- PEG ratio2.2xD
- Shareholder yield3.5%B
- Share count change / yr1.0%D
Duke Energy Corporation (Holdin financials
Revenue went from $22.4B in fiscal 2015 to $31.7B in fiscal 2025, growing 3.6% a year.
| Fiscal year | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.4B | $22.7B | $23.8B | $24.3B | $23.3B | $24.5B | $28.7B | $28.7B | $30.1B | $31.7B |
| Gross profit | — | $16.1B | $16.9B | $17.5B | — | — | — | — | — | — |
| Operating income | $5.1B | $5.2B | $4.7B | $5.7B | $4.6B | $5.5B | $6.0B | $7.1B | $7.9B | $8.6B |
| Net income | $2.8B | $2.2B | $2.7B | $3.7B | $1.4B | $3.9B | $2.5B | $2.8B | $4.5B | $5.0B |
| EPS (diluted) | $4.05 | $3.11 | $3.76 | $5.06 | $1.72 | $4.94 | $3.17 | $3.54 | $5.71 | $6.31 |
| Free cash flow | -$66.0M | -$1.0B | -$2.2B | -$2.9B | -$1.1B | -$1.4B | -$5.4B | -$2.7B | $48.0M | -$1.7B |
| Buybacks | $1.5B | — | — | — | — | — | — | — | — | — |
| Dividends paid | $2.3B | $2.3B | $2.5B | $2.7B | $2.8B | $3.1B | $3.2B | — | — | — |
| Diluted shares | 694.0M | 691.0M | 708.0M | 729.0M | 738.0M | 769.0M | 770.0M | 771.0M | 772.0M | 777.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into DUK?
A reverse DCF asks what growth the current price requires. With an enterprise value of $189.0B and -$4.3B of trailing free cash flow, Duke Energy Corporation (Holdin needs to grow free cash flow at a rate outside our model for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 19.8x vs. median 21.5x (10th–90th percentile 15.6x–30.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
DUK dividend
- Dividend yield
- 3.47%
- Annual dividend
- $4.34
- Years of increases
- 21
- 5-yr dividend growth
- 2.0%
- per year
- Payout ratio
- 64%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
DUK earnings
Next report: November 5, 2026. Duke Energy Corporation (Holdin has beaten EPS estimates 7 quarters in a row. Last quarter's revenue was $7.6B (+1% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 4, 2026 | $1.30 | $1.43 | +9.6% |
| May 5, 2026 | $1.80 | $1.93 | +7.2% |
| Feb 10, 2026 | $1.49 | $1.50 | +0.5% |
| Nov 7, 2025 | $1.75 | $1.81 | +3.5% |
| Aug 5, 2025 | $1.17 | $1.25 | +6.4% |
| May 6, 2025 | $1.59 | $1.76 | +10.8% |
| Feb 13, 2025 | $1.65 | $1.66 | +0.7% |
| Nov 7, 2024 | $1.72 | $1.62 | -5.7% |
Stocks like DUK
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 SO Southern | -0.99% | -0% | $106.9B | 22.4x | Compare |
 CEG Constellation Energy Corporatio | -0.69% | -30% | $89.8B | 24.8x | Compare |
 AEP American Electric Power | -0.73% | +15% | $70.6B | 22.5x | Compare |
 ETR Entergy | -0.79% | +15% | $51.3B | 27.5x | Compare |
 VST Vistra | -0.48% | -26% | $47.0B | 23.6x | Compare |
 EXC Exelon | -0.94% | -3% | $45.8B | 16.3x | Compare |
 WEC WEC Energy | -0.95% | -1% | $36.2B | 21.6x | Compare |
 PEG Public Service Enterprise | -0.96% | -10% | $35.9B | 17.9x | Compare |
DUK news
- Duke Energy (DUK) Stock Could Be 19% Overvalued Despite Data Center Cost Deal · Oct 22, 2026
- Duke Energy lineworkers earn six awards at International Lineman's Rodeo, showcasing the skills that deliver safe, reliable service to customers · Oct 21, 2026
- Duke Energy Corporation (DUK) is Attracting Investor Attention: Here is What You Should Know · Oct 21, 2026
- Better Dividend Stock for Retirees: Enbridge vs. Duke Energy · Oct 19, 2026
- NextEra Energy Lost 15% in 6 Months: A Respected Analyst Predicts 40% Returns in 12 Months · Oct 22, 2026
DUK stock FAQ
What is DUK's market cap?
Duke Energy's market capitalization is $97.45 billion as of October 23, 2026, ranking 122nd in the S&P 500.
What is DUK's P/E ratio?
DUK trades at a trailing price-to-earnings ratio of 18.8x and a forward P/E of 17.4x. Its median P/E over the period we track is 21.5x.
Does DUK pay a dividend?
Yes. Duke Energy pays $4.34 per share a year, a 3.47% yield. It has raised its dividend 21 years in a row. Dividends grew 2.0% a year over the last five years.
How much has DUK stock returned?
Including reinvested dividends, DUK returned +1.7% over one year, +7.9% a year over five years, +9.2% a year over ten years through October 23, 2026.
When does DUK report earnings?
Duke Energy is expected to report earnings on November 5, 2026. It has beaten EPS estimates 7 quarters in a row.
How many employees does Duke Energy have?
Duke Energy has about 26,441 full-time employees, or $1.2 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology