Company Overview

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. It also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. This segment serves approximately 8.2 million customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 91,000 square miles; and owns approximately 50,259 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in pipeline transmission and natural gas storage facilities. It has approximately 1.6 million customers, including 1.1 million customers in North Carolina, South Carolina, and Tennessee, as well as 550,000 customers in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, owns, develops, builds, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and corporate customers. It has 23 wind, 178 solar, and 2 battery storage facilities, as well as 71 fuel cell locations with a capacity of 3,554 MW across 22 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.

  • Name

    Duke Energy Corporation

  • CEO

    Harry K. Sideris

  • Website

    www.duke-energy.com

  • Sector

    Electric Utilities

  • Year Founded

    1904

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • Duke's regulated utilities provide a stable source of earnings. The company's large capital expenditure plan should drive rate base and earnings growth for the next several years. We think Duke can achieve the high end of management's 5%-7% earnings growth target.

  • The company operates in constructive regulatory jurisdictions, which supports capital investment growth.

  • Duke's management team has focused on core regulated operations and moaty growth investments.

Bears Say

  • Equity issuances and capital investment delays have hurt management's relationships with key stakeholders.

  • Duke's aggressive investment plan increases regulatory risk.

  • As with all regulated utilities, rising interest rates will raise financing costs and could make the dividend less attractive for income investors.

Source: Morningstar Analysis - Aug 05, 2025

What's happening

Nov 12, 2025 - Dec 12, 2025

Duke Energy Faces Significant Challenges Amid Mixed Analyst Sentiment

  • Duke Energy Corp's stock performance has been negatively impacted by regulatory pressures and mixed analyst ratings.
  • The company's proposed rate increase in North Carolina raises affordability concerns for consumers.
  • Insider transactions have contributed to uncertainty regarding investor confidence in future growth.

Over the past month, Duke Energy Corp (DUK) experienced a decline of 7.8%, significantly underperforming the S&P 500, which returned 0.7%. This resulted in an underperformance of 8.5% relative to the S&P index, highlighting challenges faced by DUK amid various financial and operational factors affecting its outlook.

Analyst sentiments surrounding DUK have shown divergence; Jefferies Financial Group lowered its price target from $138 to $126 while maintaining a "hold" rating on the stock. Conversely, Evercore ISI initiated coverage with an “outperform” rating and set a target of $143, indicating some optimism despite broader market concerns. Although Duke holds one Strong Buy rating along with several other positive evaluations from analysts, negative market reactions were evident through daily declines in stock performance.

Regulatory pressures also played a significant role in shaping investor sentiment during this period. The company sought approval for a substantial rate increase in North Carolina that could lead to additional monthly charges for residential customers starting in 2028 as part of efforts to enhance reliability amid rising demand. This proposal raised affordability concerns among consumers already facing economic difficulties.

Duke's strategic initiatives included endorsing a grant from the U.S. Department of Energy aimed at advancing small modular reactor technology and planning further investments into North Carolina’s utility infrastructure. However, insider transactions involving sales made by executives added layers of uncertainty regarding future growth prospects and overall investor confidence.

Despite some positive developments such as new leadership appointments within its foundation and partial settlements related to regulatory matters affecting operations in South Carolina, these were overshadowed by persistent negative sentiment surrounding cost increases and mixed analyst evaluations throughout the month. Notably, it is important to mention that Duke Energy Corp outperformed the Utilities (XLU) sector by 44.2%.

NYSE:DUK