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Duke Energy Corporation
🇺🇸 DUK · NYSE/NASDAQ · US26441C2044
Utilities
Price at analysis: USD 120.81 Current price: USD 120.73 * updated every night
Scores
Key Metrics
Powered by EODHDP/E (TTM)
17.9
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
Net Debt/EBITDA (TTM)
5.6x
Latest quarter: 24.2x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
Latest quarter (2026-06-30): 24.2x
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
ROE
9.9%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
10.5x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Dividend Summary
Powered by EODHDDividend Yield (Fwd)
3.44%
TTM: 3.54%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Forward Yield (estimated): 3.44%
Trailing Yield (TTM, last 12 months): 3.54%
Payout Ratio (Fwd)
64.2% TTM
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Announced dividend / actual earnings (TTM)
Dividend History
EODHD Dividends API| Status | Type | Decl. Date | Ex-Div Date | Pay Date | Currency | Amount |
|---|---|---|---|---|---|---|
| Forecast* | Quarterly | — | 14 Aug 2027 | — | USD | 1.085 |
| Forecast* | Quarterly | — | 15 May 2027 | — | USD | 1.065 |
| Forecast* | Quarterly | — | 13 Feb 2027 | — | USD | 1.065 |
| Forecast* | Quarterly | — | 14 Nov 2026 | — | USD | 1.065 |
| Declared | Quarterly | 14 Jul 2026 | 14 Aug 2026 | 16 Sep 2026 | USD | 1.085 |
| Paid | Quarterly | 07 May 2026 | 15 May 2026 | 16 Jun 2026 | USD | 1.065 |
| Paid | Quarterly | 06 Jan 2026 | 13 Feb 2026 | 16 Mar 2026 | USD | 1.065 |
| Paid | Quarterly | 14 Oct 2025 | 14 Nov 2025 | 16 Dec 2025 | USD | 1.065 |
* Extrapolated from past dividend history. Not an official announcement — treat as an estimate, not a confirmed date or amount.
Summary
Duke Energy is a premier regulated utility offering a secure 3.54% dividend yield and a robust regional monopoly position. While the underlying business is highly defensible, the massive capital expenditure requirements driving negative free cash flow and a fully priced P/E of 17.92x limit the upside from here. Existing holders should maintain their positions, but wait for a more attractive valuation dip before initiating new capital.
Sector Context
Regulated Electric Utility. Regulated utilities are essential monopolies that enjoy guaranteed returns on equity in exchange for heavy regulatory oversight. They inherently require massive, continuous capital expenditures (often funded by debt and equity dilution) to maintain and upgrade grid infrastructure.
📊 Strategy Analysis
- • Irreplaceable regional regulated monopoly with highly predictable earnings, displaying steady 10-year revenue growth of +3.5%.
- • Offers a secure current dividend yield of 3.54%, supported by 8 consecutive years of dividend growth.
- • Maintains robust structural profitability for a utility, featuring a 15.4% net margin over 5 years and an EBITDA margin of 48.5%.
⚠ What to Watch
- • A massive $103 billion multi-year capital expenditure program drives deeply negative free cash flow (-$5.48 billion), necessitating ongoing equity dilution (e.g., recent 35 million equity units offering).
- • Current valuation remains fully priced with a TTM P/E of 17.92x, sitting above the optimal 8-15x target range for new capital deployment.
- • Elevated Net Debt/EBITDA of 5.59x reduces financial flexibility, exacerbated by regional regulatory friction such as the recent rejection of a 6.8% rate hike settlement.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-09-05
Disclaimer: This information is for educational purposes only. Not financial advice.