DUK vs WEC
Duke Energy Corp. and WEC Energy Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DUK | WEC |
|---|---|---|
| Revenue | $32.2B | $9.8B |
| Net income | $5.0B | $1.6B |
| Gross margin | · | 66.7% |
| Net margin | 16.0% | 15.9% |
| Return on equity | 9.7% | 11.6% |
| Diluted EPS | $6.31 | $4.81 |
| Dividend / share | $4.22 | $3.57 |
| Payout ratio | · | 73.8% |
| Free cash flow | $-1.7B | · |
| Equity | $51.8B | · |
| Net debt / equity | 1.68× | 1.42× |
| Current ratio | 0.55× | 0.59× |
| Revenue CAGR 5y | 6.6% | 6.2% |
| Profit CAGR 5y | 29.3% | 5.3% |
DUK bills 3.3× the revenue of WEC, and keeps more of each dollar of revenue as profit (16.0% against 15.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DUK | WEC |
|---|---|---|
| FY2025 | $32.2B | $9.8B |
| FY2024 | $30.4B | $8.6B |
| FY2023 | $29.1B | $8.9B |
| FY2022 | $28.8B | $9.6B |
| FY2021 | $24.6B | $8.3B |
| FY2020 | $23.4B | $7.2B |
| FY2019 | $25.1B | $7.5B |
| FY2018 | $24.5B | $7.7B |
| FY2017 | $23.6B | $7.6B |
| FY2016 | $22.7B | $7.5B |
Bottom line
| Fiscal year | DUK | WEC |
|---|---|---|
| FY2025 | $5.0B | $1.6B |
| FY2024 | $4.5B | $1.5B |
| FY2023 | $2.8B | $1.3B |
| FY2022 | $2.5B | $1.4B |
| FY2021 | $3.9B | $1.3B |
| FY2020 | $1.4B | $1.2B |
| FY2019 | $3.7B | $1.1B |
| FY2018 | $2.7B | $1.1B |
| FY2017 | $3.1B | $1.2B |
| FY2016 | $2.2B | $939.0M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$22,436,900,000 | DUK |
| FY2024 | +$21,757,100,000 | DUK |
| FY2023 | +$20,167,000,000 | DUK |
| FY2022 | +$19,170,600,000 | DUK |
| FY2021 | +$16,305,000,000 | DUK |
| FY2020 | +$16,124,300,000 | DUK |
| FY2019 | +$17,555,900,000 | DUK |
| FY2018 | +$16,841,500,000 | DUK |
| FY2017 | +$15,916,500,000 | DUK |
| FY2016 | +$15,270,700,000 | DUK |
| FY2015 | +$16,444,900,000 | DUK |
| FY2014 | +$17,511,900,000 | DUK |
| FY2013 | +$18,237,000,000 | DUK |
| FY2012 | +$13,665,600,000 | DUK |
| FY2011 | +$10,042,600,000 | DUK |
DUK has reported the higher revenue in every one of these 15 fiscal years. The gap has widened since the earliest year compared.
15 of 19 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.1 pp | DUK |
| FY2024 | −2.3 pp | WEC |
| FY2023 | −4.9 pp | WEC |
| FY2022 | −6.0 pp | WEC |
| FY2021 | −0.8 pp | WEC |
| FY2020 | −11.9 pp | WEC |
| FY2019 | −0.6 pp | WEC |
| FY2018 | −2.8 pp | WEC |
| FY2017 | −2.5 pp | WEC |
| FY2015 | +2.1 pp | DUK |
| FY2014 | −3.2 pp | WEC |
| FY2013 | −0.7 pp | WEC |
| FY2012 | −2.7 pp | WEC |
| FY2011 | +0.3 pp | DUK |
The higher net margin has changed hands between DUK and WEC over this period.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DUK's net margin has been more volatile than WEC's over the 14 comparable fiscal years — 3.0 percentage points of standard deviation against 2.0.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DUK and WEC over these 14 fiscal years — DUK led in 3 and WEC in 11.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DUK's return on equity has been more volatile than WEC's over the 17 comparable fiscal years — 1.7 percentage points of standard deviation against 1.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
WEC led in return on equity in every one of the 17 comparable fiscal years — a structural lead, not a recent swing.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.