Duke Energy Corporation, through its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I); and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity to approximately 8.6 million customers in the Southeast and Midwest regions. It generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. This segment also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities. The GU&I segment distributes natural gas to approximately 1.7 million customers in the residential, commercial, industrial, and power generation natural gas sectors; and invests in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2006. Duke Energy Corporation was founded in 1904 and is headquartered in Charlotte, North Carolina.
Clean Energy Pionee | Duke Energy leads the utility sector's transition to renewable energy, balancing ambitious clean energy goals with regulatory compliance and financial stability |
Regulatory Triumphs | Recent favorable regulatory outcomes in Indiana and Florida bolster Duke Energy's growth prospects, providing a solid foundation for its 5-7% EPS growth target |
Financial Fortitude | Analysts project steady EPS growth, with estimates ranging from $5.56 in 2023 to $6.73 in 2026, underpinned by a strengthening balance sheet and consistent dividend increases |
Market Valuation | Duke Energy trades at a premium with a P/E of 20.8x, reflecting investor confidence in its regulated utility model and clean energy strategy, with analyst price targets ranging from $112 to $135 |
Metrics to compare | DUK | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipDUKPeersSector | |
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P/E Ratio | 19.4x | 21.5x | 12.0x | |
PEG Ratio | 0.38 | 3.78 | 0.02 | |
Price/Book | 1.8x | 2.1x | 1.3x | |
Price / LTM Sales | 3.0x | 3.0x | 1.5x | |
Upside (Analyst Target) | 9.5% | 6.4% | 13.2% | |
Fair Value Upside | Unlock | −15.1% | 5.2% | Unlock |