Duke Energy Corp (DUKB) Key Metrics
DUKB key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsDUKB valuation Price multiples at each fiscal year-end price.
DUKB returns How much profit the business earns on the capital it uses.
DUKB per-share figures Results divided by the shares outstanding at year-end.
DUKB financial health Debt, liquidity and how easily interest is covered.
DUKB efficiency & capital use Working capital cycle and where the cash goes.
DUKB valuation history
DUKB returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DUKB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DUKB cash returned to shareholders
DUKB price vs earnings per share
DUKB key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $19.11B | $18.24B | $18.11B | $17.56B | $20.55B | $21.23B | $19.72B | $16.85B | — | — |
| Enterprise value | $110.77B | $103.28B | $98.43B | $93.20B | $88.47B | $85.03B | $82.30B | $74.21B | — | — |
| P/E ratio | 3.8 | 4.0 | 6.4 | 6.9 | 5.3 | 15.4 | 5.3 | 6.3 | — | — |
| Price / sales | 0.6 | 0.6 | 0.6 | 0.6 | 0.8 | 0.9 | 0.8 | 0.7 | — | — |
| Price / book | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | — | — |
| Price / free cash flow | — | 249.9 | — | — | — | — | — | — | — | — |
| Price / operating cash flow | 1.6 | 1.5 | 1.8 | 3.0 | 2.5 | 2.4 | 2.4 | 2.3 | — | — |
| EV / sales | 3.4 | 3.5 | 3.4 | 3.3 | 3.6 | 3.6 | 3.3 | 3.0 | — | — |
| EV / EBITDA | 7.1 | 7.5 | 7.8 | 7.5 | 8.1 | 11.0 | 7.6 | 8.0 | — | — |
| Earnings yield | 26.0% | 24.8% | 15.7% | 14.5% | 19.0% | 6.5% | 19.0% | 15.8% | — | — |
| Free cash flow yield | −8.9% | 0.4% | −15.0% | −31.0% | −6.9% | −5.0% | −14.8% | −13.1% | — | — |
| Dividend yield | 17.3% | 17.6% | 17.9% | 18.1% | 15.2% | 13.2% | 13.5% | 14.7% | — | — |
| Shareholder yield (dividends + buybacks) | 17.3% | 23.1% | 17.9% | 18.1% | 15.2% | 13.2% | 13.5% | 14.7% | — | — |
| Share price at fiscal year-end | $24.60 | $23.63 | $23.49 | $22.80 | $26.72 | $28.77 | $27.05 | $23.80 | — | — |
| Per share | ||||||||||
| Revenue per share | $41.49 | $38.77 | $37.10 | $36.78 | $32.02 | $32.34 | $34.40 | $34.63 | $33.66 | $32.93 |
| Earnings per share | $6.39 | $5.86 | $3.68 | $3.31 | $5.08 | $1.87 | $5.14 | $3.77 | $4.37 | $3.86 |
| Operating cash flow per share | $15.87 | $16.00 | $12.83 | $7.70 | $10.78 | $12.00 | $11.26 | $10.15 | $9.46 | $9.84 |
| Free cash flow per share | −$2.18 | $0.09 | −$3.51 | −$7.06 | −$1.85 | −$1.42 | −$4.00 | −$3.11 | −$2.04 | −$1.60 |
| Cash per share | $0.32 | $0.52 | $0.43 | $0.76 | $0.44 | $0.61 | $0.43 | $0.82 | $0.71 | $0.57 |
| Book value per share | $66.72 | $64.93 | $63.70 | $64.05 | $64.10 | $64.99 | $64.23 | $61.89 | $59.63 | $59.38 |
| Tangible book value per share | $42.25 | $39.57 | $38.30 | $38.64 | $38.70 | $38.44 | $37.41 | $34.28 | $31.59 | $30.94 |
| Dividends per share | $4.25 | $4.16 | $4.21 | $4.13 | $4.05 | $3.81 | $3.66 | $3.49 | $3.50 | $3.37 |
| Capex per share | $18.05 | $15.91 | $16.35 | $14.76 | $12.63 | $13.42 | $15.26 | $13.26 | $11.50 | $11.43 |
| Debt per share | $118.28 | $110.67 | $104.60 | $98.99 | $88.77 | $87.06 | $86.28 | $81.83 | $77.77 | $72.91 |
| Shares outstanding | 777.0M | 772.0M | 771.0M | 770.0M | 769.0M | 738.0M | 729.0M | 708.0M | 700.0M | 691.0M |
| Change in shares outstanding | +0.6% | +0.1% | +0.1% | +0.1% | +4.2% | +1.2% | +3.0% | +1.1% | +1.3% | −0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.7% | 9.1% | 5.8% | 5.2% | 8.0% | 2.9% | 8.3% | 6.2% | 7.4% | 6.6% |
| Return on invested capital (ROIC) | 5.5% | 5.3% | 5.0% | 4.6% | 4.8% | 5.0% | 4.7% | 4.7% | 4.6% | 4.5% |
| Return on assets (ROA) | 2.6% | 2.4% | 1.6% | 1.4% | 2.3% | 0.8% | 2.4% | 1.8% | 2.2% | 2.0% |
| Return on tangible assets | 2.8% | 2.6% | 1.7% | 1.6% | 2.6% | 0.9% | 2.6% | 2.0% | 2.5% | 2.2% |
| Free cash flow margin | −5.3% | 0.2% | −9.5% | −19.2% | −5.8% | −4.4% | −11.6% | −9.0% | −6.1% | −4.8% |
| Income quality (OCF / net income) | 2.48 | 2.73 | 3.48 | 2.32 | 2.12 | 6.43 | 2.19 | 2.70 | 2.17 | 2.55 |
| Financial health | ||||||||||
| Total debt | $91.90B | $85.44B | $80.64B | $76.22B | $68.26B | $64.25B | $62.90B | $57.94B | $54.44B | $50.38B |
| Cash & short-term investments | $245.0M | $398.0M | $329.0M | $582.0M | $341.0M | $453.0M | $317.0M | $583.0M | $496.0M | $392.0M |
| Net debt | $91.66B | $85.04B | $80.32B | $75.64B | $67.92B | $63.80B | $62.58B | $57.36B | $53.95B | $49.99B |
| Debt / equity | 1.77 | 1.70 | 1.64 | 1.55 | 1.38 | 1.34 | 1.34 | 1.32 | 1.30 | 1.23 |
| Debt / assets | 0.47 | 0.45 | 0.44 | 0.42 | 0.40 | 0.38 | 0.38 | 0.38 | 0.38 | 0.36 |
| Net debt / EBITDA | 5.85 | 6.19 | 6.39 | 6.09 | 6.20 | 8.28 | 5.77 | 6.21 | 5.52 | 5.71 |
| Current ratio | 0.55 | 0.67 | 0.74 | 0.70 | 0.62 | 0.53 | 0.62 | 0.65 | 0.68 | 0.70 |
| Quick ratio | 0.33 | 0.44 | 0.49 | 0.51 | 0.43 | 0.34 | 0.40 | 0.44 | 0.42 | 0.39 |
| Interest coverage | 2.4 | 2.3 | 2.3 | 2.5 | 2.6 | 2.6 | 2.6 | 2.6 | 3.0 | 3.0 |
| Working capital | −$9.43B | −$6.41B | −$4.51B | −$5.65B | −$5.99B | −$7.62B | −$5.59B | −$5.33B | −$4.03B | −$3.51B |
| Invested capital | $143.50B | $135.17B | $129.43B | $124.96B | $117.22B | $111.76B | $109.41B | $101.17B | $95.69B | $91.02B |
| Tangible asset value | $34.01B | $31.68B | $30.60B | $32.28B | $31.60B | $29.59B | $28.40B | $24.29B | $22.11B | $21.39B |
| Net current asset value | −$131.10B | −$126.53B | −$119.05B | −$118.27B | −$108.51B | −$109.42B | −$106.44B | −$97.02B | −$92.83B | −$90.39B |
| Graham number | $97.97 | $92.53 | $72.67 | $69.09 | $85.61 | $52.23 | $86.20 | $72.41 | $76.57 | $71.80 |
| Graham net-net per share | −$176.34 | −$172.70 | −$163.75 | −$163.39 | −$148.13 | −$154.06 | −$152.41 | −$143.66 | −$138.33 | −$136.46 |
| Capital allocation | ||||||||||
| Dividends paid | $3.30B | $3.21B | $3.24B | $3.18B | $3.11B | $2.81B | $2.67B | $2.47B | $2.45B | $2.33B |
| Share buybacks (net) | — | $1.00B | $0 | — | $0 | $0 | $0 | $0 | — | $0 |
| Dividend payout ratio | 66.4% | 71.0% | 114.2% | 124.7% | 79.7% | 204.2% | 71.2% | 92.7% | 80.1% | 87.5% |
| Capex / revenue | 43.5% | 41.0% | 44.1% | 40.1% | 39.5% | 41.5% | 44.3% | 38.3% | 34.2% | 34.7% |
| Capex / operating cash flow | 113.7% | 99.4% | 127.4% | 191.8% | 117.2% | 111.9% | 135.5% | 130.7% | 121.6% | 116.2% |
| Capex / depreciation | 2.22 | 2.12 | 2.40 | 1.95 | 1.72 | 1.81 | 2.15 | 2.30 | 2.28 | 2.40 |
| Stock-based compensation / revenue | 0.3% | 0.3% | 0.3% | 0.3% | −21.0% | −21.0% | −20.4% | 0.3% | 0.3% | 0.2% |
| SG&A / revenue | — | — | — | — | — | 5.6% | 5.2% | 5.2% | 5.2% | 5.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 50.4 | 53.7 | 54.5 | 51.1 | 49.5 | 50.2 | 53.0 | 51.9 | 44.5 | 39.4 |
| Days of inventory on hand | 75.1 | 109.0 | 98.3 | 80.5 | 65.8 | 68.7 | 63.9 | 65.0 | 75.6 | 83.1 |
| Days payables outstanding | 88.5 | 120.2 | 112.1 | 99.6 | 69.9 | 71.2 | 70.5 | 67.0 | 67.4 | 61.1 |
| Cash conversion cycle (days) | 37.0 | 42.5 | 40.7 | 32.0 | 45.3 | 47.7 | 46.3 | 49.8 | 52.7 | 61.4 |
| Receivables turnover | 7.24 | 6.80 | 6.69 | 7.14 | 7.38 | 7.27 | 6.89 | 7.04 | 8.20 | 9.27 |
| Payables turnover | 4.12 | 3.04 | 3.26 | 3.66 | 5.22 | 5.13 | 5.18 | 5.45 | 5.41 | 5.97 |
| Inventory turnover | 4.86 | 3.35 | 3.71 | 4.54 | 5.55 | 5.31 | 5.72 | 5.62 | 4.83 | 4.39 |
| Asset turnover | 0.17 | 0.16 | 0.16 | 0.16 | 0.15 | 0.14 | 0.16 | 0.17 | 0.17 | 0.17 |
| Average receivables | $4.45B | $4.40B | $4.27B | $3.97B | $3.34B | $3.29B | $3.64B | $3.48B | $2.87B | $2.45B |
| Average payables | $5.35B | $4.85B | $4.49B | $4.14B | $3.34B | $3.32B | $3.49B | $3.27B | $3.02B | $2.67B |
| Average inventory | $4.54B | $4.40B | $3.94B | $3.35B | $3.14B | $3.20B | $3.16B | $3.17B | $3.39B | $3.63B |
| Intangibles / total assets | 9.7% | 10.3% | 10.8% | 10.7% | 11.5% | 11.7% | 12.0% | 13.0% | 13.7% | 14.1% |
Computed from DUKB's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
DUKB valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Duke Energy traded at 3.8 times earnings, against a 10-year median of 5.8. Duke Energy earned a return on equity of 9.7% and a return on invested capital of 5.5% in fiscal 2025. It ended the year with $91.9 billion of debt and $245.0 million in cash and short-term investments, net debt of $91.7 billion. It returned $3.3 billion to shareholders: $3.3 billion in dividends and $0 in share buybacks. The share count rose 12.4% from 691.0M to 777.0M over 9 years.
See the DUKB income statement, the DUKB chart for price history, or the DUKB stock overview for the latest quote and news.
DUKB key metrics FAQ
What is Duke Energy's P/E ratio?
Duke Energy traded at 3.8 times earnings at the end of fiscal 2025.
What is Duke Energy's EV/EBITDA?
Duke Energy's enterprise value was 7.1 times EBITDA at the end of fiscal 2025 (enterprise value $110.8 billion, EBITDA $15.7 billion).
What is Duke Energy's return on equity?
Duke Energy's return on equity (ROE) was 9.7% in fiscal 2025: net income of $5.0 billion on average shareholders' equity of $51.0 billion.
What is Duke Energy's ROIC?
Duke Energy's return on invested capital was 5.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Duke Energy have?
Duke Energy had total debt of $91.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.77 and $91.7 billion of net debt (5.85 times EBITDA).
What is Duke Energy's dividend yield?
Duke Energy paid $3.3 billion in dividends in fiscal 2025 ($4.25 per share), a payout ratio of 66.4%.
What is Duke Energy's free cash flow yield?
Duke Energy generated -$1.7 billion of free cash flow in fiscal 2025, a free cash flow yield of −8.9% on its market value at year-end ($19.1 billion).
What is Duke Energy's current ratio?
Duke Energy's current ratio was 0.55 at the end of fiscal 2025: current assets were 0.55 times current liabilities.