Duke Energy vs Southern
Duke Energy and Southern are similar in size: $32.24bn and $29.55bn of revenue in their latest fiscal years. Southern grew faster (10.6% against 6.2%). Duke Energy kept more of each dollar of sales as profit: a net margin of 15.4% against 14.7%. Duke Energy carries less debt relative to equity (173.3% against 201.6%).
| Latest fiscal year | Duke EnergyDUK, 2025 | SouthernSO, 2025 |
|---|---|---|
| Revenue | $32.24bn | $29.55bn |
| Revenue growth | 6.2% | 10.6% |
| Net income | $4.97bn | $4.34bn |
| Operating margin | 26.8% | 24.7% |
| Net margin | 15.4% | 14.7% |
| Return on equity | 9.7% | 12.5% |
| Free cash flow | −$1.69bn | −$2.94bn |
| Cash | $245m | $1.64bn |
| Total debt | $89.84bn | $72.59bn |
| Debt to equity | 173.3% | 201.6% |
| Dividend per share | $4.22 | $2.94 |
| Dividend yield | 3.4% | 2.9% |
| Share buybacks | — | — |
| Employees | 26,441 | — |
| Market value | $98.67bn | $106.90bn |
| Price vs our value range | — | — |
| Moat score | 41 (Weak) | 36 (Weak) |
| Insider trades, 12 months | 0 buys, 12 sales | 0 buys, 13 sales |