Utilities / Utilities - Regulated Electric

Duke Energy Corporation (DUK)

$121.09
+1.00%
$95.7B
Market Cap
18.9
P/E Ratio
0.40
Beta
3.47%
Dividend Yield
Piotroski 7/9Altman Z 0.7 DistressBeneish M -2.76 CleanROIC−WACC -2.0%

Quantitative Summary

Deterministic

DUK trades at 18.9x earnings, roughly in line with its sector average of 24.4x. Strong operational fundamentals (Piotroski 7/9) with Altman Z of 0.7.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Duke Energy Corporation present a complex dichotomy between operational stability and capital efficiency. While the DuPont decomposition reveals that return on equity is driven primarily by leverage rather than organic margin expansion or asset turnover, with an equity multiplier of 3.69x supporting a net margin of 15.4%, this structure comes at the cost of value creation. The negative ROIC-WACC spread of -1.9% indicates that capital allocation currently destroys shareholder value relative to the weighted average cost of capital, despite a robust Piotroski F-Score of 7/9 signaling strong financial health and an Altman Z-Score of 0.7 suggesting low bankruptcy risk. The Beneish M-Score of -2.76 further supports the integrity of these earnings figures, while revenue growth remains steady at 6.2%.

Valuation metrics position the stock slightly below its sector average peer group trade multiple of 22.5x, trading instead at a current P/E of 21.0x, which may reflect market skepticism regarding future capital deployment efficiency rather than immediate distress. A discounted cash flow analysis implies that fair value expectations are contingent on whether management can narrow the negative return gap; however, the market appears to be pricing in moderate growth without demanding a significant premium for the current capital destruction rate. The Fama-French alpha of 7.60% annually suggests the stock has historically outperformed when adjusted for size and book-to-market factors, yet this is offset by a negative profitability factor (RMW) of -0.097, indicating that recent returns have not been bolstered by superior profit margins relative to industry peers.

Risk assessment highlights significant insider activity as a potential divergence signal, with $5,567,523 in net selling over the past 90 days. This outflow contrasts with the company's solid profitability factor and low distress scores, suggesting insiders may be taking profits or hedging against future capital expenditure pressures that could further widen the ROIC-WACC deficit. The value tilt indicated by an HML score of 0.436 aligns with the stock's characteristics as a high-leverage utility, but investors must weigh this defensive positioning against the ongoing drag on absolute returns caused by inefficient capital generation relative to its cost of funds.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

Valuation Context

18.9x
DUK P/E
24.4x
Sector Avg
19.0x
5Y Avg P/E
-23%
vs Sector

Currently trading 10% above its 5-year average P/E of 19.0x.

Price Chart with Moving Averages

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SMA 50 SMA 200

Technical Setup

AI Generated

Duke Energy Corporation's current positioning within the Utilities sector presents a complex risk profile where price stability at $124.56 must be weighed against underlying volatility pressures. The absence of significant drawdown data suggests a potential floor in recent pricing action, yet without corroborating volume trends or moving average support levels, this equilibrium could represent a fragile consolidation rather than a robust structural base. In the utility landscape, such price points often reflect defensive characteristics, but the lack of explicit momentum indicators leaves open whether current stability is driven by genuine fundamental resilience or merely temporary market inertia. The interaction between sector-wide headwinds and individual stock behavior creates an environment where risk dynamics are difficult to isolate from broader macroeconomic noise. If volatility remains elevated despite the static price level, it may indicate that market participants are hesitant to commit capital without clearer directional signals, effectively capping upside potential even if fundamentals appear sound. Conversely, a sudden shift in sentiment could rapidly erode this apparent stability, turning what looks like a steady holding into a volatile asset class overnight. The technical picture remains ambiguous until further data clarifies whether the current price action is part of a sustained trend or a precarious pause before a decisive move.

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

7/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
0.7
Altman Z-Score
Distress Zone — below 1.8 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.76
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

51.2%
Gross Margin
15.4%
Net Margin
4.2%
ROIC
6.2%
WACC
ROIC − WACC Spread: -2.0%— Negative spread.
+6.2%
Revenue Growth (YoY)
+9.8%
Earnings Growth (YoY)
-1.7B
Free Cash Flow

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

15.4%
Net Profit Margin
NI ÷ Revenue
×
0.16x
Asset Turnover
Revenue ÷ Assets
×
3.69x
Equity Multiplier
Assets ÷ Equity
=
9.4%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

2.69x
Debt / Equity
0.55x
Current Ratio
2.6x
Interest Coverage
4.7x
Net Debt / EBITDA
-0.93%
FCF Yield
17.1B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$6M
Net Selling
0
Buy Transactions
6
Sale Transactions
2026-03-02GHARTEY-TAGOE KODWOSold 2/8 qtrsSale$2M
2026-03-02REPKO REGIS TSold 1/8 qtrsSale$86,853
2026-02-26SIDERIS HARRY K.Grant30,540 shares
2026-02-25GILLESPIE THOMAS PRESTON JR.Sold 1/8 qtrsGrant5,989 shares
2026-02-25TITONE BONNIE B.Sold 1/8 qtrsGrant5,375 shares

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $1.59
Act: $1.76
+10.8%
Q3
✓ Beat
Est: $1.17
Act: $1.25
+6.4%
Q2
✓ Beat
Est: $1.75
Act: $1.81
+3.5%
Q1
✓ Beat
Est: $1.49
Act: $1.50
+0.5%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$1.0650
Latest Dividend
$4.22
2025 Total
+1.9%
YoY Growth
9 yrs
Consecutive Increases
Annual Dividends per Share
$1.71
2016
$3.49
2017
$3.64
2018
$3.75
2019
$3.82
2020
$3.90
2021
$3.98
2022
$4.06
2023
$4.14
2024
$4.22
2025
$2.13
2026
DateAmountChange
2026-05-15$1.06500.0%
2026-02-13$1.06500.0%
2025-11-14$1.06500.0%
2025-08-15$1.0650+1.9%
2025-05-16$1.04500.0%
2025-02-14$1.04500.0%
2024-11-15$1.04500.0%
2024-08-16$1.0450+2.0%
2024-05-16$1.02500.0%
2024-02-15$1.02500.0%
2023-11-16$1.02500.0%
2023-08-17$1.0250+2.0%
Stock Splits
2012-07-03: 0.333333:12007-01-03: 1.720874:12001-01-29: 2:11990-10-01: 2:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

16.1%
Annual Volatility
0.74
Sharpe (1Y)
-10.9%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.05
Market β
Mkt-RF
-0.420
Size (SMB)
Large-cap tilt
+0.436
Value (HML)
Value tilt
-0.097
Profit (RMW)
Neutral
+0.277
Invest (CMA)
Conservative
Alpha (annual): +7.60%
R²: 12.2%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

17.1
Forward P/E
2.65
PEG Ratio
1.79
Price/Book
4M
Avg Volume
$134.49
52W High
$113.66
52W Low
36%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$13.5B
Tracked Passive Exposure
8
ETFs Holding DUK
0.22%
Avg Weight in ETFs
$6.1T
Total ETF AUM

When investors buy or sell ETFs like XLU or VPU, the fund manager is mechanically forced to buy or sell DUK shares regardless of Duke Energy Corporation's individual fundamentals. We estimate $13.5B of passive capital is structurally linked to DUK through 8 tracked ETFs. This substantial passive exposure means that ETF inflows and outflows — not company fundamentals — can dominate daily volume on this stock.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Duke Energy Corporation to visualize passive redemption contagion across ETFs and collateral stocks.

DUK Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
DUKEpicenterVTIETFVOOETFIVVETFNEEHigh RiskNEEHigh RiskNEEHigh RiskXOMLow RiskSOHigh Risk
DUK Price Drop (%)0

If Duke Energy Corporation (DUK) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies NEXTERA ENERGY INC (NEE) as the most exposed collateral stock, sharing 1 ETFs with DUK. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 31 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

DUK Ownership Dynamics

Passive funds hold 1 in every 7 DUK shares, reducing daily market volatility.

Ticker
DUK
Total Shares
780M
ETF Lock-Up
13.5%
Display Mode
Total Float Impact
13.5%Locked Float

Duke Energy Corporation (DUK) exerts measurable gravity on the passive index market, currently representing 7.0% of the State Street Utilities Select Sector SPDR ETF (XLU) and 6.3% of the VPU (VPU). Across 28 tracked ETFs, approximately 105M shares (13.5% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 28 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

DUK Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
DUK
PRICE
$121.09
FLOOR (POC)
$122.03
STRENGTH
Medium
$111$113$1146%$1156%$1167%$117$118$1207%$12110%$121.09$122POC 10%$123$124$126$127$128$129$130$132$133$134
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Duke Energy Corporation over the past year sits near $122.03 (10% of 252-day volume). The current price of $121.09 sits 0.8% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

DUK Capital Efficiency

How efficiently does Duke Energy Corporation convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$-1,694,000,000
EBITDA
$17.1B
FCF Conversion
-10%
Reinvestment Rate
110%
-10% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
4.2%
ROIC − WACC Spread
-2.0%

Duke Energy Corporation converts -10% of its EBITDA into free cash flow, negative FCF conversion — the company is consuming cash faster than it generates EBITDA, which is unsustainable long-term. The 110% reinvestment rate signals aggressive capacity expansion. However, the ROIC-WACC spread is negative (-2.0%), suggesting reinvested capital is destroying shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-0710$125.54$1,255.4
2026-04-303,280$126.51$414,952.8
2026-04-2985$127.80$10,863
2026-04-2811,932$127.09$1.5M
2026-04-277,124$127.27$906,671.48
2026-04-20199,374$128.03$25.5M
2026-04-156$129.78$778.68
2026-03-2578$127.38$9,935.64
2026-03-232$126.81$253.62
2026-03-1247,082$130.03$6.1M
2026-03-063$131.61$394.83
2026-02-181,090$126.71$138,113.9
2026-02-17177$128.20$22,691.4
2026-02-1339,080$126.11$4.9M
2026-02-1213,320$125.20$1.7M
2026-02-10996$121.72$121,233.12
2026-02-04320$121.67$38,934.4
2026-01-091,435$117.32$168,354.2
2026-01-0581$117.44$9,512.64
2025-12-303,508$117.52$412,260.16
2025-12-199,223$117.55$1.1M
2025-12-1864$117.43$7,515.52
2025-12-17150$115.59$17,338.5
2025-12-0515,035$117.97$1.8M
2025-12-04131$118.62$15,539.22
2025-12-031,048$119.69$125,435.12
2025-12-02122$120.75$14,731.5
2025-12-01124$123.94$15,368.56
2025-11-28991$123.43$122,319.13
2025-11-20150$122.23$18,334.5

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
SO0.8460.831High co-movement
ED0.8210.795High co-movement
WEC0.8080.764High co-movement
CMS0.7970.792High co-movement
PNW0.7850.776High co-movement
LNT0.7640.795High co-movement
EXC0.7640.691High co-movement
AEE0.7610.731High co-movement
EVRG0.7480.755High co-movement

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare DUK to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.