PerpEquities

Equity · Utilities

Is Duke Energy (DUK) tradable as a perp? Not yet

Duke Energy operates electric and gas utilities across the U.S., serving millions of customers through regulated and commercial renewable divisions.

Not yet listed on any perp exchange

No perpetual-futures venue lists DUK yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

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TradingView symbol NYSE:DUK

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Company data

Company fundamentals

Updated 58m ago
Market cap
$91.6B
Updated 58m ago
Revenue
$33.4B
Trailing 12 months
Revenue growth
+4%
Next fiscal year
Profit margin
+15.7%
P/E
17.6
Peer P/E 7.4
Free cash flow
$1.5B
Trailing 12 months
More metrics
Net income
$5.2B
Trailing 12 months
P/S
2.7
Peer P/E
7.4
Similar listed perps
Revenue estimate
$33.6B
Next fiscal year
Earnings
2026-11-05
Revenue est. $8.9B · Updated 58m ago
Dividend
$1.085
2026-08-14

Fundamental detail

Annual + quarterly
Latest revenue$32.2B
Net margin+15.4%
Free cash flow-$1.7B
Net debt$90.6B
2020$23.4B
2021$24.6B
2022$28.8B
2023$29.1B
2024$30.4B
2025$32.2B
PeriodRevenueGrowthNet incomeFCF
2020$23.4B-7%$1.4B-$1.1B
2021$24.6B+5%$3.9B-$1.4B
2022$28.8B+17%$2.6B-$5.4B
2023$29.1B+1%$4.3B-$2.7B
2024$30.4B+4%$4.5B$48M
2025$32.2B+6%$5B-$1.7B
PeriodGross marginOperating marginNet marginROEROA
2020+48.6%+19.6%+5.9%+2.9%+0.8%
2021+48.6%+22.3%+15.9%+7.9%+2.3%
2022+45.1%+20.9%+8.9%+5.2%+1.4%
2023+47.3%+24.3%+14.8%+8.7%+2.4%
2024+50.1%+26.1%+14.9%+9.0%+2.4%
2025+31.6%+26.6%+15.4%+9.6%+2.5%
PeriodCashDebtNet debtCurrent ratio
2020$259M$64.1B$63.8B0.53
2021$341M$68.3B$67.9B0.62
2022$409M$74.9B$74.5B0.70
2023$253M$80.5B$80.2B0.74
2024$314M$85.2B$84.9B0.67
2025$245M$90.9B$90.6B0.55
PeriodMarket capEnterprise valueP/SP/E
2020$67.5B$131.3B2.953.2
2021$80.7B$148.6B3.321.2
2022$79.3B$153.8B2.832.5
2023$74.8B$155B2.617.9
2024$83.2B$168.1B2.718.9
2025$91.1B$181.7B2.818.6
Q3 2024$8.2B
Q4 2024$7.4B
Q1 2025$8.2B
Q2 2025$7.5B
Q3 2025$8.7B
Q4 2025$7.9B
Q1 2026$9.2B
Q2 2026$7.6B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$8.2B+2%$1.3B$537M
Q4 2024$7.4B+2%$1.2B$288M
Q1 2025$8.2B+8%$1.4B-$971M
Q2 2025$7.5B+5%$984M-$417M
Q3 2025$8.7B+6%$1.4B$10.1B
Q4 2025$7.9B+8%$1.2B-$463M
Q1 2026$9.2B+11%$1.6B-$2.6B
Q2 2026$7.6B+1%$1.1B-$5.5B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+49.4%+26.3%+15.5%+2.6%+0.7%
Q4 2024+52.9%+28.7%+16.5%+2.4%+0.7%
Q1 2025+51.8%+28.4%+16.7%+2.7%+0.7%
Q2 2025+29.8%+24.2%+13.1%+1.9%+0.5%
Q3 2025+98.7%+26.9%+16.4%+2.8%+0.7%
Q4 2025+30.5%+26.5%+14.9%+2.3%+0.6%
Q1 2026+67.9%+29.7%+16.9%+2.8%+0.8%
Q2 2026+73.1%+27.0%+14.4%+2.0%+0.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$376M$85B$84.6B0.70
Q4 2024$314M$85.2B$84.9B0.67
Q1 2025$475M$87.5B$87B0.77
Q2 2025$344M$88.5B$88.1B0.66
Q3 2025$688M$89.2B$88.5B0.63
Q4 2025$245M$90.9B$90.6B0.55
Q1 2026$2.1B$91.2B$89.1B0.66
Q2 2026$673M$91.2B$90.6B0.66
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$89B$173.7B10.918.4
Q4 2024$83.3B$168.2B11.317.5
Q1 2025$94.8B$181.8B11.517.3
Q2 2025$91.7B$179.8B12.223.6
Q3 2025$96.3B$184.8B11.117.1
Q4 2025$91.1B$181.7B11.519.5
Q1 2026$101.9B$190.9B11.116.6
Q2 2026$98.6B$189.2B13.022.9

Refreshed 58m ago

Charts: revenue, profit, cash flow & valuation
Revenue$7.6BQ2 2026
$2.3B$4.6B$6.9B$9.2BQ3 2023: $8BQ4 2023: $7.2BQ1 2024: $7.7BQ2 2024: $7.2BQ3 2024: $8.2BQ4 2024: $7.4BQ1 2025: $8.2BQ2 2025: $7.5BQ3 2025: $8.7BQ4 2025: $7.9BQ1 2026: $9.2BQ2 2026: $7.6BQ3 2023Q2 2026
Net income$1.1BQ2 2026
$387.5M$775M$1.2B$1.6BQ3 2023: $1.3BQ4 2023: $1.1BQ1 2024: $1.1BQ2 2024: $885MQ3 2024: $1.3BQ4 2024: $1.2BQ1 2025: $1.4BQ2 2025: $984MQ3 2025: $1.4BQ4 2025: $1.2BQ1 2026: $1.6BQ2 2026: $1.1BQ3 2023Q2 2026
EBITDA$3.7BQ2 2026
$1.1B$2.3B$3.4B$4.6BQ3 2023: $3.9BQ4 2023: $3.6BQ1 2024: $3.7BQ2 2024: $3.5BQ3 2024: $4BQ4 2024: $3.8BQ1 2025: $4.2BQ2 2025: $3.6BQ3 2025: $4.2BQ4 2025: $3.7BQ1 2026: $4.6BQ2 2026: $3.7BQ3 2023Q2 2026
Free cash flow-$5.5BQ2 2026
-$1.6B$2.3B$6.2B$10.1BQ3 2023: $479MQ4 2023: -$725MQ1 2024: -$734MQ2 2024: -$43MQ3 2024: $537MQ4 2024: $288MQ1 2025: -$971MQ2 2025: -$417MQ3 2025: $10.1BQ4 2025: -$463MQ1 2026: -$2.6BQ2 2026: -$5.5BQ3 2023Q2 2026
EPS$1.38Q2 2026
$0.49$0.99$1.48$1.97Q3 2023: $1.57Q4 2023: $1.43Q1 2024: $1.44Q2 2024: $1.13Q3 2024: $1.57Q4 2024: $1.54Q1 2025: $1.76Q2 2025: $1.25Q3 2025: $1.81Q4 2025: $1.5Q1 2026: $1.97Q2 2026: $1.38Q3 2023Q2 2026
Cash / Debt$673MQ2 2026
$22.8B$45.6B$68.4B$91.2BQ3 2023 · Cash: $324MQ3 2023 · Debt: $79.4BQ4 2023 · Cash: $253MQ4 2023 · Debt: $80.5BQ1 2024 · Cash: $459MQ1 2024 · Debt: $82.3BQ2 2024 · Cash: $390MQ2 2024 · Debt: $83.4BQ3 2024 · Cash: $376MQ3 2024 · Debt: $85BQ4 2024 · Cash: $314MQ4 2024 · Debt: $85.2BQ1 2025 · Cash: $475MQ1 2025 · Debt: $87.5BQ2 2025 · Cash: $344MQ2 2025 · Debt: $88.5BQ3 2025 · Cash: $688MQ3 2025 · Debt: $89.2BQ4 2025 · Cash: $245MQ4 2025 · Debt: $90.9BQ1 2026 · Cash: $2.1BQ1 2026 · Debt: $91.2BQ2 2026 · Cash: $673MQ2 2026 · Debt: $91.2BQ3 2023Q2 2026
CashDebt
Profitability+73.1%Q2 2026
+24.7%+49.4%+74.0%+98.7%Q3 2023 · Gross margin: +49.3%Q4 2023 · Gross margin: +47.7%Q1 2024 · Gross margin: +48.5%Q2 2024 · Gross margin: +49.4%Q3 2024 · Gross margin: +49.4%Q4 2024 · Gross margin: +52.9%Q1 2025 · Gross margin: +51.8%Q2 2025 · Gross margin: +29.8%Q3 2025 · Gross margin: +98.7%Q4 2025 · Gross margin: +30.5%Q1 2026 · Gross margin: +67.9%Q2 2026 · Gross margin: +73.1%Q3 2023 · Operating margin: +26.4%Q4 2023 · Operating margin: +25.7%Q1 2024 · Operating margin: +25.6%Q2 2024 · Operating margin: +23.8%Q3 2024 · Operating margin: +26.3%Q4 2024 · Operating margin: +28.7%Q1 2025 · Operating margin: +28.4%Q2 2025 · Operating margin: +24.2%Q3 2025 · Operating margin: +26.9%Q4 2025 · Operating margin: +26.5%Q1 2026 · Operating margin: +29.7%Q2 2026 · Operating margin: +27.0%Q3 2023 · Net margin: +15.7%Q4 2023 · Net margin: +15.4%Q1 2024 · Net margin: +15.0%Q2 2024 · Net margin: +12.3%Q3 2024 · Net margin: +15.5%Q4 2024 · Net margin: +16.5%Q1 2025 · Net margin: +16.7%Q2 2025 · Net margin: +13.1%Q3 2025 · Net margin: +16.4%Q4 2025 · Net margin: +14.9%Q1 2026 · Net margin: +16.9%Q2 2026 · Net margin: +14.4%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+1.1%Q2 2026
+2.8%+5.6%+8.4%+11.3%Q3 2024: +2.0%Q4 2024: +2.1%Q1 2025: +7.5%Q2 2025: +4.7%Q3 2025: +6.3%Q4 2025: +7.9%Q1 2026: +11.3%Q2 2026: +1.1%Q3 2023Q2 2026
Shares outstanding779MQ2 2026
194.8M389.5M584.3M779MQ3 2023: 771MQ4 2023: 771MQ1 2024: 771MQ2 2024: 772MQ3 2024: 773MQ4 2024: 773MQ1 2025: 777MQ2 2025: 777MQ3 2025: 778MQ4 2025: 777MQ1 2026: 779MQ2 2026: 779MQ3 2023Q2 2026
Valuation22.9Q2 2026
5.911.817.723.6Q3 2023 · P/E: 14.1Q4 2023 · P/E: 17.0Q1 2024 · P/E: 16.7Q2 2024 · P/E: 22.0Q3 2024 · P/E: 18.4Q4 2024 · P/E: 17.5Q1 2025 · P/E: 17.3Q2 2025 · P/E: 23.6Q3 2025 · P/E: 17.1Q4 2025 · P/E: 19.5Q1 2026 · P/E: 16.6Q2 2026 · P/E: 22.9Q3 2023 · P/S: 8.5Q4 2023 · P/S: 10.4Q1 2024 · P/S: 9.7Q2 2024 · P/S: 10.7Q3 2024 · P/S: 10.9Q4 2024 · P/S: 11.3Q1 2025 · P/S: 11.5Q2 2025 · P/S: 12.2Q3 2025 · P/S: 11.1Q4 2025 · P/S: 11.5Q1 2026 · P/S: 11.1Q2 2026 · P/S: 13.0Q3 2023Q2 2026
P/EP/S
Revenue$32.2B2025
$8.1B$16.1B$24.2B$32.2B2018: $24.5B2019: $25.1B2020: $23.4B2021: $24.6B2022: $28.8B2023: $29.1B2024: $30.4B2025: $32.2B20182025
Net income$5B2025
$1.2B$2.5B$3.7B$5B2018: $2.7B2019: $3.7B2020: $1.4B2021: $3.9B2022: $2.6B2023: $4.3B2024: $4.5B2025: $5B20182025
EBITDA$15.7B2025
$3.9B$7.8B$11.8B$15.7B2018: $9.9B2019: $11.5B2020: $8.5B2021: $11.9B2022: $12.4B2023: $13.9B2024: $15B2025: $15.7B20182025
Free cash flow-$1.7B2025
-$4.1B-$2.7B-$1.3B$48M2018: -$2.2B2019: -$2.9B2020: -$1.1B2021: -$1.4B2022: -$5.4B2023: -$2.7B2024: $48M2025: -$1.7B20182025
EPS$6.312025
$1.58$3.16$4.73$6.312018: $3.772019: $5.062020: $1.722021: $4.942022: $3.172023: $5.432024: $5.712025: $6.3120182025
Cash / Debt$245M2025
$22.7B$45.4B$68.2B$90.9B2018 · Cash: $442M2018 · Debt: $57.9B2019 · Cash: $311M2019 · Debt: $62.7B2020 · Cash: $259M2020 · Debt: $64.1B2021 · Cash: $341M2021 · Debt: $68.3B2022 · Cash: $409M2022 · Debt: $74.9B2023 · Cash: $253M2023 · Debt: $80.5B2024 · Cash: $314M2024 · Debt: $85.2B2025 · Cash: $245M2025 · Debt: $90.9B20182025
CashDebt
Profitability+31.6%2025
+12.5%+25.0%+37.5%+50.1%2018 · Gross margin: +42.9%2019 · Gross margin: +46.1%2020 · Gross margin: +48.6%2021 · Gross margin: +48.6%2022 · Gross margin: +45.1%2023 · Gross margin: +47.3%2024 · Gross margin: +50.1%2025 · Gross margin: +31.6%2018 · Operating margin: +19.1%2019 · Operating margin: +22.8%2020 · Operating margin: +19.6%2021 · Operating margin: +22.3%2022 · Operating margin: +20.9%2023 · Operating margin: +24.3%2024 · Operating margin: +26.1%2025 · Operating margin: +26.6%2018 · Net margin: +10.9%2019 · Net margin: +14.9%2020 · Net margin: +5.9%2021 · Net margin: +15.9%2022 · Net margin: +8.9%2023 · Net margin: +14.8%2024 · Net margin: +14.9%2025 · Net margin: +15.4%20182025
Gross marginOperating marginNet margin
Revenue growth+6.2%2025
-0.9%+5.0%+10.9%+16.8%2019: +2.3%2020: -6.8%2021: +5.4%2022: +16.8%2023: +1.0%2024: +4.5%2025: +6.2%20182025
Shares outstanding777M2025
194.3M388.5M582.8M777M2018: 708M2019: 729M2020: 738M2021: 769M2022: 770M2023: 771M2024: 772M2025: 777M20182025
Valuation18.62025
13.326.639.953.22018 · P/E: 22.92019 · P/E: 18.02020 · P/E: 53.22021 · P/E: 21.22022 · P/E: 32.52023 · P/E: 17.92024 · P/E: 18.92025 · P/E: 18.62018 · P/S: 2.52019 · P/S: 2.72020 · P/S: 2.92021 · P/S: 3.32022 · P/S: 2.82023 · P/S: 2.62024 · P/S: 2.72025 · P/S: 2.820182025
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20266.71$33.6B+4%13
FY 20277.17$35.2B+9%13
FY 20287.68$36.6B+14%8
FY 20298.19$38.1B+18%5
FY 20308.73$39.6B+23%5
Q1 20292.13$8.2B-11%3

Company events

6
2026-11-05EarningsActual - / Estimate 1.88-
2026-08-14Dividend$1.085-
2026-08-04EarningsActual 1.43 / Estimate 1.3Beat
2026-05-15Dividend$1.065-
2026-05-05EarningsActual 1.93 / Estimate 1.87Beat
2026-02-13Dividend$1.065-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
CEG$91.5B2.924.8+11.1%3VST$47.4B3.023.5+13.9%14NEE$167.9B5.818.0+32.0%3OKLO$6.6B5,464.2-40.0-12,625.5%6FRMI$3.2B--3.60.0%1SMR$2.5B78.2-3.2-3,888.7%2FLNC$1.4B0.5-12.2-3.1%17GEV$250.4B6.126.7+23.0%13

Analyst track record

How the analysts covering DUK have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings97266
Analysts1927
Buy / hold / sell55 / 42 / 0157 / 108 / 1
Upgrades / downgrades / initiations2 / 2 / 58 / 4 / 7
Price targets hit / missed1 / 93 (1%)76 / 171 (31%)
Avg. return after a rating (TipRanks)-13.6%-3.3%
Best / worst call+3.1% / -21.0%+33.2% / -21.0%

After buy calls on this stock: median 21-day move +0.1% vs S&P 500 -2.0% (n = 158)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Nicholas CampanellaBarclays100% hit rate on this stock · 12 targets measuredBuytarget $132Aug 5, 2026
  2. Sophie KarpKeyBanc100% hit rate on this stock · 8 targets measuredBuytarget $139Aug 6, 2026
  3. James ThalackerBMO Capital90% hit rate on this stock · 21 targets measuredBuytarget $132Aug 5, 2026

Latest ratings

DateAnalystCallTarget
Sep 18, 2026David ArcaroMorgan StanleyHoldReiterated$127article ↗
Aug 21, 2026David ArcaroMorgan StanleyHoldReiterated$133article ↗
Aug 19, 2026Jeremy TonetJ.P. MorganHoldMaintained$137article ↗
Aug 17, 2026Richard SunderlandTruist FinancialBuyMaintained$135article ↗
Aug 6, 2026Sophie KarpKeyBancBuyReiterated$139article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$120$125$130$135$140Oct 25 · Buy 11 · Hold 8 · Sell 1Oct 25Nov 25 · Buy 8 · Hold 8 · Sell 1Dec 25 · Buy 8 · Hold 8 · Sell 1Dec 25Jan 26 · Buy 8 · Hold 8 · Sell 0Feb 26 · Buy 8 · Hold 8 · Sell 0Feb 26Mar 26 · Buy 7 · Hold 9 · Sell 0Apr 26 · Buy 8 · Hold 9 · Sell 0Apr 26May 26 · Buy 9 · Hold 9 · Sell 0Jun 26 · Buy 9 · Hold 8 · Sell 0Jun 26Jul 26 · Buy 10 · Hold 7 · Sell 0Aug 26 · Buy 9 · Hold 6 · Sell 0Aug 26Sep 26 · Buy 9 · Hold 6 · Sell 0Oct 25 · avg. target $138Nov 25 · avg. target $138Dec 25 · avg. target $136Jan 26 · avg. target $134Feb 26 · avg. target $135Mar 26 · avg. target $136Apr 26 · avg. target $138May 26 · avg. target $137Jun 26 · avg. target $138Jul 26 · avg. target $139Aug 26 · avg. target $137Sep 26 · avg. target $137Oct 25 · month-end close $124Nov 25 · month-end close $124Dec 25 · month-end close $117Jan 26 · month-end close $121Feb 26 · month-end close $131Mar 26 · month-end close $131Apr 26 · month-end close $130May 26 · month-end close $123Jun 26 · month-end close $127Jul 26 · month-end close $125Aug 26 · month-end close $120Sep 26 · month-end close $119

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 97 ratings