Duke Energy vs Nextera Energy (DUK vs NEE)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Duke Energy is the larger company by revenue ($31.7B vs $25.8B). Nextera Energy carries the larger market value ($184.3B vs $97.8B). Nextera Energy has grown revenue faster over the last 4 fiscal years (+37.2% cumulative vs +29.6%). Nextera Energy runs the higher operating margin (32.1% vs 27.2%). Duke Energy trades at the lower trailing P/E (19.3x vs 22.4x).
About Duke Energy
Duke Energy is an energy company that provides retail electric service through its regulated public utilities in the Southeast and Midwest regions of the United States. It generates, transmits, distributes, and sells electricity to approximately 8.7 million customers across six states. The company operates a diverse generation portfolio primarily fueled by natural gas, nuclear, and coal, and serves residential, commercial, and industrial customers.
About Nextera Energy
NextEra Energy Inc is a large electric power and energy infrastructure company in North America. It operates two main businesses: Florida Power & Light Company (FPL), the largest electric utility in Florida serving over six million customer accounts, and NextEra Energy Resources (NEER), which develops, constructs, and operates long-term contracted generation facilities including renewables, nuclear, and natural gas. The company provides electric generation, storage, transmission, and distribution services primarily to residential, commercial, and industrial customers across Florida and other U.S. regions.
Head to head (DUK FY2025 vs NEE FY2025)
| Metric | DUKFY2025 | NEEFY2025 |
|---|---|---|
| Revenue | $31.74B | $25.80B |
| Revenue growth (YoY) | 5.6% | 9.8% |
| Gross margin | — | — |
| Operating margin | 27.2% | 32.1% |
| Net margin | 15.7% | 26.5% |
| Net income | $4.97B | $6.83B |
| Diluted EPS | $6.31 | $3.30 |
| FCF margin | -5.3% | — |
| ROE | 9.4% | 10.3% |
| Debt / equity | 1.5× | 1.3× |
| Market cap | $97.82B | $184.33B |
| P/E (TTM) | 19.3× | 22.4× |
Fundamentals are from each company’s SEC filings (DUK FY2025, NEE FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| DUK | $24.49B | $28.68B | $28.67B | $30.05B | $31.74B |
| NEE | $18.80B | $23.00B | $24.80B | $23.50B | $25.80B |
Peer standing
Where each company ranks among the 98 Utilities companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | DUK | NEE |
|---|---|---|
| Operating margin | 27.2%78th percentile of 86 | 32.1%86th percentile of 86 |
| Net margin | 15.7%71st percentile of 91 | 26.5%94th percentile of 91 |
| Revenue growth (YoY) | +5.6%35th percentile of 94 | +9.8%56th percentile of 94 |
| ROE | 9.4%59th percentile of 89 | 10.3%67th percentile of 89 |
| P/E (TTM) | 19.3×30th percentile of 82 | 22.4×53rd percentile of 82 |
| Debt / equity | 1.51×73rd percentile of 84 | 1.35×61st percentile of 84 |
| Short interest (days to cover) | 4.21d59th percentile of 98 | 4.34d62nd percentile of 98 |
Short interest
| FINRA settlement data | DUK | NEE |
|---|---|---|
| Shares sold short | 18.0M | 58.0M |
| Change vs prior settlement | +15.3% | +16.6% |
| Days to cover | 4.21 | 4.34 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | DUK | NEE |
|---|---|---|
| Buys | 0 | — |
| Sells | 2 ($2.9M) | — |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
6 tracked 13F managers hold both Duke Energy and Nextera Energy as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.