DUK vs ED vs NGG Stock Comparison

Duke Energy, Consolidated Edison and National Grid Prices as of Oct 26, 2026 Peers: Industry group
DUK Duke Energy CORP
$124.46 +9.8% 1M -2.3% 1Y
Market cap
$97.05B
P/E
18.7x
Revenue (TTM)
$33.25B
Div. yield
–
Regulated Electric Utilities Utilities
3 wins
ED Consolidated Edison Inc
$115.44 +11.9% 1M +15.4% 1Y
Market cap
$42.43B
P/E
20.9x
Revenue (TTM)
$17.69B
Div. yield
0.03%
Regulated Electric Utilities Utilities
3 wins
NGG National Grid Plc
$81.77 +8.4% 1M +6.3% 1Y
Market cap
$80.91B
P/E
18.6x
Revenue (TTM)
—
Div. yield
–
Regulated Electric Utilities Utilities
2 wins

Head to Head

8 decided of 12

Duke Energy leads on 3 of the 12 questions below (Duke Energy 3, Consolidated Edison 3, National Grid 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDUKEDNGGLeader
Larger companyMarket capitalisation $97.05B $42.43B $80.91B DUK
Cheaper on earningsLower P/E, profitable companies only 18.7x 20.9x 18.6x NGG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.0x 18.2x 14.0x NGG
Faster revenue growthRevenue growth, trailing twelve months +6.3% +9.5% — ED
More profitableNet margin, trailing twelve months — 11.5% — –
Better return on capitalReturn on invested capital — 9.1% — –
Less leveragedLower net debt / EBITDA — -0.1x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.03% 0.00% –
Better 1-year returnPrice return, last 12 months -2.3% +15.4% +6.3% ED
Better 5-year returnAnnualised price return, 5 years +3.9%/yr +8.7%/yr +5.0%/yr ED
Less volatileAnnualised volatility, 1 year 16.7% 18.0% 22.5% DUK
Higher overall scoreMean of the five percentile scores vs peers 74/100 53/100 73/100 DUK

Percentile Scorecard

DUKEDNGG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDUKEDNGG
Valuation 83 #12 of 67 80 #14 of 67 55 #31 of 67
Growth 83 #12 of 65 30 #46 of 65 –
Profitability 57 #28 of 64 33 #43 of 64 –
Financial Health – 89 #8 of 64 76 #16 of 64
Shareholder Returns 73 #19 of 67 33 #45 of 67 89 #8 of 67
Overall 74 53 73
  • DUK ranked among 67 companies in Regulated Utilities
  • ED ranked among 67 companies in Regulated Utilities
  • NGG ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDUKEDNGGSPY
1 month +9.8%+11.9%+8.4% -0.8%
3 months -3.4%+3.6%+0.7% +3.5%
6 months -2.1%+6.1%-6.3% +7.0%
Year to date +6.2%+16.2%+5.7% +12.2%
1 year -2.3%+15.4%+6.3% +13.0%
3 years +42.2%+32.0%+36.6% +86.3%
3 years, per year +12.5%+9.7%+11.0% +23.1%
5 years +21.1%+51.9%+27.6% +68.6%
5 years, per year +3.9%+8.7%+5.0% +11.0%
10 years +58.0%+56.3%+15.9% +258.0%
10 years, per year +4.7%+4.6%+1.5% +13.6%

Risk

MeasureDUKEDNGGSPY
Volatility, 1Y 16.7%18.0%22.5% 12.7%
Downside volatility, 1Y 16.9%17.7%24.2% 12.7%
Beta vs S&P 500, 1Y -0.32-0.510.31 1.00
Return / volatility, 1Y -0.140.850.28 1.02
Max drawdown, 5Y -26.0%-22.0%-40.9% -25.4%
From 52-week high -6.7%-0.7%-12.9% -1.8%
52-week high $133.46$116.25$93.93 $779.14
52-week low $113.24$95.41$73.54 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDUKEDNGG
P/E now vs peer median 18.7xmedian 20.8x 21.0xmedian 20.8x 18.6xmedian 20.8x
P/S now vs peer median 2.9xmedian 2.9x 2.4xmedian 2.9x 3.6xmedian 2.9x
EV/EBITDA now vs peer median —median 13.1x 7.6xmedian 13.1x —median 13.1x
P/FCF now vs peer median —median 36.7x -49.5xmedian 36.7x -29.4xmedian 36.7x
P/B now vs peer median 1.7xmedian 1.7x 1.7xmedian 1.7x 1.6xmedian 1.7x
PEG now vs peer median 0.31median 2.23 -2.55median 2.23 —median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDUKEDNGG
Revenue $33.25B $17.69B –
Gross profit – $9.44B –
Operating income $9.23B $3.18B –
Net income $5.38B $2.22B –
Free cash flow – -$862.00M –
EPS (diluted) $6.66 $5.48 –
Cash & equivalents $673.00M $1.47B $493.98M
Total debt – $5.26B $61.59B
Shares (diluted) 779.00M 370.00M 994.20M
Enterprise value $97.05B $39.01B $53.20B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDUKEDNGG
P/E 18.7x 21.0x 18.6x
P/FCF – -49.5x -29.4x
P/Operating cash flow 8.4x 10.8x –
P/S 2.9x 2.4x 3.6x
P/B 1.7x 1.7x 1.6x
P/Tangible book 1.7x 1.7x 1.8x
EV/EBITDA – 7.6x –
EV/EBIT – 13.3x –
EV/Revenue 2.9x 2.4x –
EV/FCF – -48.9x –
EV/Operating cash flow 8.4x 10.7x –
PEG (3Y EPS CAGR) 0.31 -2.55 –

Growth

14 metrics
MetricDUKEDNGG
Revenue growth (1Y) 6.3% 9.5% –
Revenue CAGR (3Y) 4.6% 4.4% –
Gross profit growth (1Y) – 9.4% –
Gross profit CAGR (3Y) – 7.5% –
Operating income growth (1Y) 9.5% 12.9% –
Operating income CAGR (3Y) 13.2% -2.8% –
Net income growth (1Y) 8.7% 14.6% –
Net income CAGR (3Y) 59.0% -3.5% –
EPS growth (1Y) 8.9% 2.4% –
EPS CAGR (3Y) 59.6% -8.2% –
Operating cash flow growth (1Y) -3.2% -12.5% –
Operating cash flow CAGR (3Y) 26.8% 8.0% –
Free cash flow growth (1Y) – -210.1% –
Free cash flow CAGR (3Y) – 12.8% –

Profitability

14 metrics
MetricDUKEDNGG
Gross margin – 53.4% –
EBITDA margin – 31.6% –
Operating margin – 18.0% –
Pretax margin – 16.4% –
Net margin – 11.5% –
FCF margin – -4.9% –
Operating cash flow margin 34.8% 22.4% –
Return on equity 9.5% 8.6% –
Return on assets 2.7% 2.9% –
Return on invested capital – 9.1% –
Return on capital employed – 4.5% –
Asset turnover 0.2x 0.2x –
Cash conversion (OCF / net income) 2.1x 1.8x –
Stock comp / revenue – – –

Financial Health

11 metrics
MetricDUKEDNGG
Debt / assets – 1.3% 43.2%
Debt / equity – 0.0x 1.2x
Net debt / EBITDA – -0.1x –
Debt / FCF – -1.1x –
Liabilities / assets – 66.4% 63.7%
Equity / assets 28.3% 33.6% 36.3%
Interest coverage – 2.6x –
Current ratio 0.7x 1.3x 0.8x
Quick ratio – 0.8x 0.7x
Cash ratio – 0.3x 0.3x
Altman Z-score – 1.18 –

Shareholder Returns

7 metrics
MetricDUKEDNGG
Dividend yield 3.4% 3.0% 4.0%
Net buyback yield – -2.2% –
Shareholder yield 3.4% 0.8% 4.0%
Payout ratio (earnings) – 54.8% –
Payout ratio (FCF) – -140.8% –
Dividend growth (1Y) – 7.7% –
Dividend CAGR (3Y) – 3.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDUKEDNGG
Forward P/E 19.0xFY2026 18.2xFY2026 14.0xFY2026
EPS, next fiscal year $6.56FY2026 $6.36FY2026 $5.86FY2026
EPS growth, next FY +4.0%FY2026 +11.6%FY2026 +11.4%FY2026
EPS growth, the year after +15.4% -2.4% +8.9%
Revenue, next fiscal year $32.42BFY2026 $16.78BFY2026 $25.38BFY2026
Revenue growth, next FY +0.6%FY2026 -0.8%FY2026 +6.4%FY2026
Revenue growth, the year after +4.1% +6.2% +8.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDUKEDNGG
Held by institutions 69.7% 76.0% 6.2%
Institutions holding 2,457 1,431 617
Change in shares held, QoQ +0.5% +6.7% +6.6%
Institutions buying 1,297 755 352
Institutions selling 801 385 159
Buyers to sellers 1.62 1.96 2.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DUKEDNGG
DUK 1.00 0.84 0.55
ED 0.84 1.00 0.52
NGG 0.55 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DUK, ED and NGG?

Duke Energy (DUK) is the largest by market capitalisation: Duke Energy (DUK) $97.05B, Consolidated Edison (ED) $42.43B, National Grid (NGG) $80.91B.

Which stock is cheaper, DUK, ED and NGG?

National Grid (NGG) trades on the lowest price-to-earnings ratio (Duke Energy (DUK) 18.7x, Consolidated Edison (ED) 20.9x, National Grid (NGG) 18.6x). On next year's consensus earnings, National Grid (NGG) is cheapest (Duke Energy (DUK) 19.0x, Consolidated Edison (ED) 18.2x, National Grid (NGG) 14.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Consolidated Edison (ED) grew revenue fastest over the trailing twelve months: Duke Energy (DUK) +6.3%, Consolidated Edison (ED) +9.5%.

Which stock has performed better?

Over the past year Consolidated Edison (ED) returned the most: Duke Energy (DUK) -2.3%, Consolidated Edison (ED) +15.4%, National Grid (NGG) +6.3%. Over five years, Consolidated Edison (ED) compounded fastest (Duke Energy (DUK) +3.9%/yr, Consolidated Edison (ED) +8.7%/yr, National Grid (NGG) +5.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Duke Energy (DUK) 0.00%, Consolidated Edison (ED) 0.03%, National Grid (NGG) 0.00%. Duke Energy (DUK) and National Grid (NGG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Duke Energy (DUK) has been the steadiest (Duke Energy (DUK) 16.7%, Consolidated Edison (ED) 18.0%, National Grid (NGG) 22.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DUK, ED and NGG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Duke Energy (DUK) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.