Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Duke Energy Corp

DUK · NYSE · Utilities

Fundamental quality

REASONABLE

58

out of 100

Duke Energy Corp earns a fundamental-quality score of 58 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +6.6%/yr). Its weakest area is its financial strength (net debt 5.19× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Duke Energy is one of the largest regulated U.S. utilities: it generates and distributes electricity and gas to millions of customers in the Southeast. A regulated business: the regulator sets how much it can earn in exchange for near-total stability.

What will shape its future

  • Electricity demand growth (data centers, electrification) in its territories, especially the Carolinas.
  • Regulators' rate decisions, which literally define its allowed profitability.
  • Interest rates and its heavy debt, the structural cost of the whole sector.

Breakdown by area

I.Growth
79

EPS growth: 28.9% · Revenue growth: 6.6%

II.Profitability
68

Net margin: 15.8% · ROE: 9.4% · ROIC: 5.5%

III.Financial health
27

Net debt/EBITDA: 5.19x · FCF: -10.1%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 24 Utilities companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 71%
ROEbeats 29%
Growthbeats 33%
Cash generationbeats 33%
Less debtbeats 52%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Duke Energy Corp strengths

  • Growing earnings per share (28.9% annualized).
  • Expanding margins: net margin has risen from 6% to 16% in recent years.
  • High net margin (15.8%): the business is clearly profitable.

Duke Energy Corp risks and weaknesses

  • Negative free cash flow: the business burns cash.
  • Very high leverage (net debt of 5.19× EBITDA): more exposed to rates and to a rough patch.
  • Its net debt has grown over the period.
  • Erratic free cash flow, with several years in the red.

Duke Energy Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202023,2531,377-1,05162,477
202124,4863,908-1,42566,798
202228,6752,550-5,44073,294
202328,6742,841-2,72679,287
202430,0504,5244883,959
202531,7414,968-1,69489,591

Between 2020 and 2025, revenue went from $23,253M to $31,741M (+37%) and net income went from $1,377M to $4,968M (+261%). Meanwhile, its margins have widened (from 6% to 16%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+9.5%
  • Net income+12.4%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$4.22

per share, yearly

124.7% of earnings

Payout

at least 17 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Duke Energy Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Duke Energy Corp a good company to invest in?

In terms of business quality, Duke Energy Corp scores 58 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Duke Energy Corp a profitable company?

Yes. Duke Energy Corp shows a net margin of 15.8% and an ROE of 9.4%, a sign of a profitable business.

Does Duke Energy Corp have a lot of debt?

Yes, its leverage is high: net debt is 5.19 times its EBITDA, and it has been rising.

Is Duke Energy Corp growing?

Its revenue has grown 6.6% annualized in recent years and its earnings per share 28.9%.

Does Duke Energy Corp generate cash?

Over the last twelve months its free cash flow was negative.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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