Question 1

What is Duke Energy's P/FCF ratio?

Accepted Answer

Duke Energy (DUK) P/FCF ratio is 15.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Duke Energy?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Duke Energy specifically, the relevant sector benchmark is the current sector median of 45.4×.

Question 5

Is Duke Energy's P/FCF ratio high or low?

Accepted Answer

Duke Energy's P/FCF ratio of 15.1× is below its own 5-year average of 443.1× and below the sector median of 45.4×. That places the current reading at the 74th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Duke Energy's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Duke Energy (DUK) P/FCF ratio has ranged from a low of 5.1× in 2004 to a high of 1997.7× in 2025. The 5-year average is 443.1× and the 5-year median is 13.3×.

Question 7

What was Duke Energy's P/FCF ratio in 2025?

Accepted Answer

Duke Energy (DUK) P/FCF ratio at the end of 2025 was 11.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Duke Energy's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$91.1B	$8.21B	11.1×	-1724.0×	Dec 31, 2025
2024	$83.3B	$48M	1735.1×	—	Dec 31, 2024
2023	$74.8B	-$2.73B	—	—	Dec 31, 2023
2022	$79.3B	-$5.44B	—	—	Dec 31, 2022
2021	$80.7B	-$1.43B	—	—	Dec 31, 2021
2020	$68.9B	-$1.05B	—	—	Dec 31, 2020
2019	$66.5B	-$2.91B	—	—	Dec 31, 2019
2018	$64.7B	-$2.2B	—	—	Dec 31, 2018
2017	$58.9B	-$1.46B	—	—	Dec 31, 2017
2016	$53.6B	-$1.1B	—	—	Dec 31, 2016
2015	$49.1B	-$90M	—	—	Dec 31, 2015
2014	$62.3B	$1.2B	51.9×	-5.1×	Dec 31, 2014
2013	$48.7B	$856M	56.9×	—	Dec 31, 2013
2012	$36.6B	-$257M	—	—	Dec 31, 2012
2011	$29.3B	-$700M	—	—	Dec 31, 2011
2010	$23.6B	-$301M	—	—	Dec 31, 2010
2009	$22.3B	-$926M	—	—	Dec 31, 2009
2008	$19B	-$1.06B	—	—	Dec 31, 2008
2007	$25.5B	$83M	306.9×	+235.4×	Dec 31, 2007
2006	$24.3B	$340M	71.5×	+38.1×	Dec 31, 2006
2005	$14.8B	$443M	33.4×	+26.9×	Dec 31, 2005
2004	$13.8B	$2.12B	6.5×	-1.2×	Dec 31, 2004
2003	$10.8B	$1.4B	7.7×	—	Dec 31, 2003
2002	$10.2B	-$1.01B	—	—	Dec 31, 2002


Eversource Energy (ES)	110.1×
Constellation Energy (CEG)	86.9×
NextEra Energy (NEE)	82.1×
American States Water (AWR)	77.8×
Middlesex Water (MSEX)	63.1×
Vistra (VST)	45.4×
UGI (UGI)	32.9×
FirstEnergy (FE)	16.3×
Consolidated Edison (ED)	14.6×
American Electric Power Company (AEP)	9.3×

P/FCF Ratio for Duke Energy (DUK) 2003-2026

P/FCF Ratio daily chart for Duke Energy (DUK)

Historical P/FCF Ratio for Duke Energy (DUK) from 2002 to 2025

About P/FCF Ratio at Duke Energy (DUK)

Duke Energy P/FCF Ratio by Year

Duke Energy P/FCF Ratio 2025: 11.1×

Duke Energy P/FCF Ratio 2024: 1735.1×

Duke Energy P/FCF Ratio 2014: 51.9×

Duke Energy P/FCF Ratio 2013: 56.9×

Duke Energy P/FCF Ratio 2007: 306.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Duke Energy (DUK) Key Financials