Duke Energy is one of the largest utilities in the United States. It has significant regulatory clarity across its numerous subsidiaries, with the majority of investment recovered through customer ratemaking mechanisms that significantly reduce regulatory lag.
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.
Equity issuances and capital investment delays have hurt management's relationships with key stakeholders.
|
Metric
|
DUK
|
D
|
NEE
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.26 | 20.66 | 23.31 |
Price/Book Value | 1.82 | 2.22 | 3.35 |
Price/Sales | 2.93 | 3.51 | 6.62 |
Price/Cash Flow | 7.41 | 8.69 | 13.87 |
|
Metric
|
DUK
|
D
|
NEE
|
|---|---|---|---|
Quick Ratio | 0.30 | 0.32 | 0.32 |
Current Ratio | 0.66 | 0.78 | 0.54 |
Interest Coverage | 2.61 | 2.76 | 2.42 |
|
Metric
|
DUK
|
D
|
NEE
|
|---|---|---|---|
Return on Assets (Normalized) | 2.21% | 2.70% | 3.84% |
Return on Equity (Normalized) | 8.36% | 11.10% | 14.96% |
Return on Invested Capital (Normalized) | 5.21% | 6.00% | 7.01% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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NEE
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SO
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NGG
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| American Electric Power Co Inc
AEP
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| Dominion Energy Inc
D
| LOCK|@&?f?&! | LOCK|&r?< | $62B | |||
| Entergy Corp
ETR
| LOCK|ywQ<yPp | LOCK|@r@&V | $53B | |||
| Xcel Energy Inc
XEL
| LOCK|c&fyh? | LOCK|QPh!n | $49B | |||
| Exelon Corp
EXC
| LOCK|<^#QN^ | LOCK|?NB@Y | $47B | |||
| Consolidated Edison Inc
ED
| LOCK|k@sn^l | LOCK|>m# | $41B |
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United States