Duke Energy Corp vs NextEra Energy Inc

Duke Energy Corp (DUK) is slightly undervalued and NextEra Energy Inc (NEE) is overvalued.

Against our estimates of intrinsic value, DUK trades at the wider discount: a margin of safety of +14%, against -20% for NEE.

Values as of the 22 Sept 2026 close.

Duke Energy Corp (DUK)

Discounting its cash flows at 6.9% (average of 2 methods) values the shares at $135.16; the price of $116.31 is 14% below that value, and 83% of that value comes from beyond year five.

Leak Score 48/100 on 10 of 12 signals

NextEra Energy Inc (NEE)

Discounting its cash flows at 7.7% (average of 3 methods) values the shares at $66.02; the price of $79.26 is 20% above that value, and 81% of that value comes from beyond year five.

Leak Score 33/100 on 10 of 12 signals

MetricDUKNEE
VerdictSlightly undervaluedOvervalued
Price$116.31$79.26
Intrinsic value$135.16$66.02
Margin of safety+14%-20%
Leak Score48/100 (10/12)33/100 (10/12)
Market cap$90.7B$165.3B
Revenue growth, 5 years6.2%9.2%
Operating margin26.6%26.8%
Net margin15.6%33.1%
Return on equity9.9%17.2%
Debt to equity1.681.93
P/E17.4x17.8x
Forward P/E16.2x18.0x
P/B1.7x2.9x
Dividend yield3.8%3.1%

All stocks in Utilities - Regulated Electric