--- title: Duke Energy (DUK) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/duk ticker: DUK as_of: 2026-10-17 sector: Utilities industry: Regulated Electric --- # Duke Energy (DUK) Duke Energy (DUK) closed at $121.47 on Oct 16, 2026, undervalued by 16% vs its model value of $144.69 (from its own five-year median P/E applied to its earnings). ## Key figures | Figure | Value | | --- | ---: | | Last close | $121.47 (Oct 16, 2026) | | Model value (from its own five-year median P/E applied to its earnings) | $144.69 | | Price vs model | undervalued by 16% vs model | | Range of that model | $133.01 – $190.47 | | Market value | $94.7B | | P/E (fiscal 2025) | 19.3 | | Net margin (fiscal 2025) | 15.4% | | Free cash flow (fiscal 2025) | -$1.7B | | Dividend yield (trailing twelve months) | 3.52% | | Beta | 0.34 | | Cost of capital (WACC) | 6.00% | | Business classification | Mature & Stable (Low/slowing growth (~5% recent), Moderate margins (16% net margin), Highly cyclical earnings, Negative free cash flow) | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 3.52% | | Dividends per share, last 12 months | $4.28 | | Coverage | — | | Raised | 21 years in a row | | Growth over 5 years | 2.0% a year | | Latest payment | $1.085, ex-date Aug 14, 2026, paid Sep 16, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To Aug 12, 2021 | $3.88 | | To Aug 11, 2022 | $3.96 | | To Aug 17, 2023 | $4.04 | | To Aug 16, 2024 | $4.12 | | To Aug 15, 2025 | $4.20 | | Trailing twelve months (to Aug 14, 2026) | $4.28 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | cross check | $194.41 | $46.13 | $518.46 | | DCF · Perpetuity growth · 10y | cross check | $206.98 | $57.65 | $560.03 | | DCF · EBITDA exit · 5y | cross check | $257.10 | $134.25 | $402.63 | | DCF · EBITDA exit · 10y | cross check | $261.33 | $128.94 | $440.78 | | P/E · peers | cross check | $124.09 | $121.27 | $142.32 | | P/E · own history | primary | $144.69 | $133.01 | $190.47 | | PEG | sanity check | $53.70 | $53.70 | $53.70 | | EV/EBITDA · peers | cross check | $165.80 | $143.44 | $195.34 | | EV/Revenue · peers | cross check | $94.47 | $54.31 | $133.23 | | Earnings power value | cross check | $0.00 | $0.00 | $0.00 | | Dividend discount | cross check | $104.73 | $65.99 | $210.23 | ## Insider activity (SEC Form 4) No open-market insider buys or sales filed in the past 90 days. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Oct 6, 2026 | Kesner Idalene Fay | Director | Grant / award | 303 | $35,045 | | Sep 28, 2026 | Mullen Joyce A | Director | Grant / award | 1,066 | $120,895.1 | | Jul 2, 2026 | Kesner Idalene Fay | Director | Grant / award | 266 | $34,473.6 | | May 20, 2026 | Weintraub Alexander J. | EVP, Chief Customer Officer | Discretionary transaction | 394 | $48,781.1 | | May 19, 2026 | Weintraub Alexander J. | EVP, Chief Customer Officer | Discretionary transaction | 3,265 | $406,688.4 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Sep 25, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1326160/000110465926110588/tm2626114d1_8k.htm | | Aug 13, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1326160/000110465926095903/tm2623082d1_8k.htm | | Aug 12, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/1326160/000110465926094253/tm2622403-2_424b5.htm | | Aug 10, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/1326160/000110465926093014/tm2622403-1_424b5.htm | | Aug 5, 2026 | 8-K | 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1326160/000110465926091159/tm2622337d1_8k.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | Bridgewater | 2026-06-30 | 442,098 | $56.0M | 1 tracked managers in all. ## About 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 S… --- Source: https://sweetvaluelab.com/stocks/duk (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.