Duke Energy Corporation (DUK) vs Xcel Energy Inc. (XEL)

DUK leads on 15 of 15 compared metrics.

A side-by-side comparison of Duke Energy Corporation and Xcel Energy Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — DUK vs XEL

growth of $100 · last 30y
DUK +192.0%XEL +243.5%XEL compounded faster
100200300Start $100200120062011201620212026$292$344
DUK XEL

DUK vs XEL: by the numbers

  • DUK is the larger company ($97.43B vs $49.45B market cap).
  • DUK trades at the lower earnings multiple (19.14 vs 22.63 P/E).
  • DUK converts more revenue to profit (15.44% vs 14.14% net margin).
  • DUK grew revenue faster over the past five years (6.70% vs 3.82% CAGR).
  • DUK pays the higher dividend yield (3.41% vs 2.19%).

Which is better, DUK or XEL?

Metric tally: DUK 15 · XEL 0

It depends on what you're optimizing for:

ValueDUK(lower P/E)
GrowthDUK(faster 5Y revenue CAGR)
IncomeDUK(higher dividend yield)
QualityDUK(higher ROIC)

Valuation

MetricDUKXEL
P/E ratio19.1422.63
Forward P/E17.4317.45
P/S ratio2.923.35
P/B ratio1.792.08
PEG ratio1.745.39
EV / EBITDA11.6214.00
FCF yield6.78%

Profitability

MetricDUKXEL
Gross margin58.41%18.91%
Operating margin26.98%19.85%
Net margin15.44%14.14%
ROE9.44%8.78%
ROIC4.13%3.77%

Dividends

MetricDUKXEL
Dividend yield3.41%2.19%
Payout ratio67.51%50.36%

Growth (annualized)

MetricDUKXEL
Revenue CAGR (5Y)6.70%3.82%
EPS CAGR (5Y)29.69%4.20%
FCF CAGR (5Y)131.21%-15.80%
Total return CAGR (5Y)8.25%5.94%

Frequently asked

Which is better, DUK or XEL?
It depends on your goal. value: DUK (lower P/E); growth: DUK (faster 5Y revenue CAGR); income: DUK (higher dividend yield); quality: DUK (higher ROIC). Across all compared metrics, DUK leads 15 to 0.
Is DUK or XEL cheaper?
On trailing earnings, DUK is cheaper: DUK trades at a 19.14 P/E and XEL at 22.63.
Which has grown faster, DUK or XEL?
Over the past five years, DUK grew revenue faster — DUK at a 6.70% CAGR versus XEL at 3.82%.
Does DUK or XEL pay a bigger dividend?
DUK yields 3.41% and XEL yields 2.19% based on trailing dividends and the latest price.
Is DUK or XEL more profitable?
DUK runs the higher net margin — DUK at 15.44% versus XEL at 14.14%.
Which has been the better investment, DUK or XEL?
Over the past 10-year, XEL delivered the higher annualized total return — DUK at 8.73% versus XEL at 9.68%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.