Duke Energy or NextEra Energy: which stock is cheaper in 2026?
As of October 5, 2026, Duke Energy (DUK) trades at 17.1× earnings (P/E) and NextEra Energy (NEE) at 17.2×, according to Kaplio. The median across the 84 utilities companies above $2bn in Kaplio's universe is 20.1×. Kaplio's verdict: Duke Energy, fairly priced; NextEra Energy, cheap. Value range by multiples: $134 for Duke Energy and $90–$105 for NextEra Energy. Both trade at a similar distance from their value range.
According to the Kaplio Summary
The same verdict as each company's page: price range by multiples, the four lights, the expected return if consensus is right and what Buffett and Lynch would say today.
| Duke Energy (DUK) | NextEra Energy (NEE) | |
|---|---|---|
| Summary valuation | fairly priced ($134) | cheap ($90–$105) |
| The four lights | Valuation: P/E 17.1× (fairly priced) Business: ROE 9.6 % (solid) Balance sheet: Net debt/EBITDA 5.8× (watch) Results: 7 of 8 (on track) | Valuation: P/E 17.2× (cheap) Business: ROE 16.8 % (por encima del rango) Balance sheet: Net debt/EBITDA 5.7× (watch) Results: 6 of 8 (on track) |
| Expected return (per year) | +11.1 % a year (to 2028) | +6.5 % a year (to 2028) |
| Buffett method | quality 61 · would not approve | quality 64 · would not approve |
| Lynch method | slow grower · would not approve | stalwart · would not approve |
Metrics side by side
| Metric | Duke Energy (DUK) | NextEra Energy (NEE) |
|---|---|---|
| Overview | ||
| Market Cap | $89.0B | $160B |
| Price | $114.13 | $76.83 |
| Valuation | ||
| P/E | 17.1× | 17.2× |
| P/B | 1.6× | 2.8× |
| P/S | 2.7× | 5.5× |
| EV/EBITDA | 11.1× | 15.1× |
| FCF Yield | 1.7 % | -6.3 % |
| Dividend Yield | 3.8 % | 3.2 % |
| Profitability | ||
| ROIC | 4.2 % | 4.0 % |
| ROE | 9.6 % | 16.8 % |
| Gross Margin | 68.2 % | 71.8 % |
| Operating Margin | 27.6 % | 29.5 % |
| Net Margin | 15.7 % | 32.0 % |
| Growth | ||
| Revenue 5Y CAGR | 6.6 % | 8.8 % |
| EPS 5Y CAGR | 29.7 % | 17.3 % |
| FCF 5Y CAGR | — | 70.3 % |
| Balance Sheet | ||
| Net Debt / EBITDA | 5.8× | 5.7× |
| Debt / Equity | 1.7× | 1.9× |
Trailing twelve months where available; otherwise the latest fiscal year. Growth: five-year compound annual rate.