Duke Energy Corporation (DUK) Stock

About Duke Energy Corporation

Duke Energy Corporation, an energy provider operating across the United States with its various affiliates, structures its operations into three primary divisions: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure division is responsible for generating, transmitting, distributing, and retailing electricity across the Carolinas, Florida, and the Midwestern states. Its power generation relies on a diverse portfolio of fuel sources, including coal, hydroelectric, natural gas, oil, renewable technologies, and nuclear energy. Beyond direct retail sales, it also provides electricity at wholesale rates to various entities such as municipalities, electric cooperative utilities, and other load-serving organizations. This segment caters to approximately 8.2 million customers spanning six states within the Southeastern and Midwestern U.S., encompassing a service area of about 91,000 square miles, and boasts an impressive generating capacity of approximately 50,259 megawatts. The Gas Utilities and Infrastructure segment focuses on the distribution of natural gas to a broad customer base, including residential homes, commercial enterprises, industrial facilities, and power generation plants. It also manages, operates, and invests in essential pipeline transmission networks and natural gas storage facilities. This segment serves around 1.6 million customers in total, with roughly 1.1 million located in North Carolina, South Carolina, and Tennessee, and an additional 550,000 customers in southwestern Ohio and northern Kentucky. Through its Commercial Renewables division, Duke Energy is actively involved in the acquisition, development, construction, ownership, and operation of wind and solar power projects. This includes offering non-regulated renewable energy and energy storage solutions to a variety of clients, such as utility companies, electric cooperatives, municipal governments, and corporate entities. The division's portfolio comprises 23 wind farms, 178 solar installations, two battery storage sites, and 71 fuel cell locations, totaling a substantial capacity of 3,554 MW spread across 22 different states. Established in 1904, the company was initially known as Duke Energy Holding Corp. before adopting its current name, Duke Energy Corporation, in April 2005. Its corporate headquarters are situated in Charlotte, North Carolina.

Duke Energy Corporation is led by CEO Harry K. Sideris, employs 26,413 people, headquartered in Charlotte, US, publicly traded since 1980.

Duke Energy Corporation (DUK) stock trades at $129.08 with a market capitalization of $100.63B. The stock is valued at a price-to-earnings (P/E) ratio of 19.00, price-to-book of 1.82, price-to-sales of 2.93. Over the past 52 weeks the stock has ranged between $113.90 and $134.49, and currently trades 4.0% below its 52-week high. It pays a dividend yielding 3.41%.

On profitability, Duke Energy Corporation generates a return on equity (ROE) of 9.66%, return on capital employed of 16.18%, an operating margin of 26.61%, a net profit margin of 15.44%.

In its most recent fiscal year, Duke Energy Corporation reported annual revenue of $32.2B, net profit of $5.0B, revenue has compounded at 6.6% a year over the last five years, profit at 29.3% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.67, a current ratio of 0.66, total assets of $195.7B, $245.0M in cash and equivalents.

DUK has an average daily trading volume of 3,540,734 shares, a beta of 0.38 (less volatile than the overall market).

Official website: www.duke-energy.com