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Duke EnergyFRA:D2MN +0.09%79 Debt-to-EBITDA is 4.80 as of Mar. 2026, which is 16% below its 10-year median of 5.72. GuruFocus rates FRA:D2MN with a GF Score™ of 79/100 and a GF Value™ of €106.81 (Fairly Valued). The stock has 11 warning signs investors should review. Among 449 Utilities - Regulated companies, Duke Energy ranks worse than 64.59% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Duke Energy's Debt-to-EBITDA or its related term are showing as below:
FRA:D2MN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.18 Med: 5.72 Max: 7.54
Current: 5.18
During the past 13 years, the highest Debt-to-EBITDA Ratio of Duke Energy was 7.54. The lowest was 5.18. And the median was 5.72.
FRA:D2MN's Debt-to-EBITDA is ranked worse than 64.59% of 449
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs FRA:D2MN: 5.18
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Duke Energy Debt-to-EBITDA Related Terms
Duke Energy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Duke Energy's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, Duke Energy's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Duke Energy Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Duke Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Duke Energy's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Duke Energy (FRA:D2MN) has a Debt-to-EBITDA of 4.80 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Duke Energy. This is 16% below median its historical median of 5.72. Over the past decade, Duke Energy's Debt-to-EBITDA has ranged from 5.18 to 7.54. According to the industry distribution chart, Duke Energy ranks #290 out of 449 companies in the Utilities - Regulated industry, placing it in the top 64.6%.
Is Duke Energy's Debt-to-EBITDA too high?
Duke Energy's current Debt-to-EBITDA of 4.80 is 16% below median its 10-year median of 5.72. Over the past 10 years, this metric has ranged from a low of 5.18 to a high of 7.54. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Duke Energy's value of 4.80 is 19.7% above this industry median. Based on the distribution chart, Duke Energy ranks #290 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Duke Energy has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Duke Energy's Debt-to-EBITDA compare to SO and AEP?
According to the Utilities - Regulated industry distribution chart, Duke Energy ranks #290 out of 449 companies for Debt-to-EBITDA. This places Duke Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. Duke Energy's value of 4.80 is 19.7% above this benchmark. Historically, Duke Energy's own Debt-to-EBITDA has ranged from 5.18 to 7.54 over the past decade. While the company's 10-year median is 5.72 vs. the industry median of 4.01, Duke Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Duke Energy's current Debt-to-EBITDA of 4.80 is 19.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Duke Energy. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duke Energy's current Debt-to-EBITDA is 4.80, which is 16% below median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duke Energy stock overvalued right now?
Based on GuruFocus' analysis, Duke Energy (FRA:D2MN) is currently considered Fairly Valued. The stock's GF Value™ is €106.81, compared to a current price of €114.00 — trading 6.7% above its estimated fair value. The current Debt-to-EBITDA is 4.80, which is 16% below median its 10-year median of 5.72 and 19.7% above the Utilities - Regulated industry median of 4.01. Duke Energy's overall GF Score™ is 79/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Duke Energy (FRA:D2MN), the current Debt-to-EBITDA is 4.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Duke Energy (FRA:D2MN) Overvalued in 2026?
Based on GuruFocus' analysis, Duke Energy stock appears to be overvalued.
The current stock price of €114.00 is trading 6.7% above its estimated GF Value™ of €106.81.
GuruFocus considers Duke Energy to be Fairly Valued.
Key valuation signals for FRA:D2MN:
Debt-to-EBITDA: 4.80 (16% below median its 10-year median of 5.72)
GF Value™: €106.81 vs. price of €114.00 (6.7% above fair value)
Industry Position: 19.7% above the Utilities - Regulated median (#290 of 449)
No single metric tells the full story. See the FRA:D2MN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Duke Energy is one of the largest US utilities, with subsidiaries in the Carolinas, Indiana, Florida, Ohio, and Kentucky that deliver electricity to more than 8 million customers. Its natural gas utilities serve more than 1.6 million customers.
79GF Score
Get the complete analysis for FRA:D2MN
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