Items 1. and 2. Business and Properties In 1995, DTE Energy incorporated in the State of Michigan. DTE Energy's utility operations consist primarily of DTE Electric and DTE Gas. DTE Energy also has two other segments that are engaged in a variety of energy-related businesses. DTE Electric is a Michigan corporation organized in 1903 and is an indirect wholly-owned subsidiary of DTE Energy. DTE Electric is a public utility engaged in the generation, purchase, distribution, and sale of electricity to approximately 2.3 million customers in southeastern Michigan. DTE Gas is a Michigan corporation organized in 1898 and is an indirect wholly-owned subsidiary of DTE Energy. DTE Gas is a public utility engaged in the purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.4 million customers throughout Michigan and the sale of storage and transportation capacity.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 15.8B | 15.8B | 12.5B | 12.7B | 19.2B | 15.0B |
| Net Income | 1.5B | 1.5B | 1.4B | 1.4B | 1.1B | 907M |
| EPS | $7.03 | $7.03 | $6.77 | $6.76 | $5.52 | $4.67 |
| Free Cash Flow | 2.8B | 2.8B | 3.2B | 2.7B | 1.5B | 2.7B |
| ROIC | 6.2% | 6.5% | 6.3% | 6.6% | 6.0% | 5.8% |
| Gross Margin | 33.3% | 33.3% | 38.3% | 36.4% | 20.2% | 24.0% |
| Debt/Equity | 1.95 | 1.95 | 1.84 | 1.74 | 1.75 | 1.99 |
| Dividends/Share | $4.19 | $4.44 | $4.15 | $3.88 | $3.61 | $3.88 |
| Operating Income | 2.4B | 2.4B | 2.1B | 2.2B | 1.7B | 1.5B |
| Operating Margin | 15.0% | 15.0% | 16.8% | 17.6% | 9.1% | 10.0% |
| ROE | 11.9% | 12.2% | 12.0% | 12.6% | 10.4% | 10.4% |
| Shares Outstanding | 208M | 208M | 207M | 207M | 196M | 194M |
DTE ENERGY CO passes 3 of 9 quality checks, indicating weak fundamentals.
DTE ENERGY CO trades at 2.4x trailing earnings, compared to its 15-year median P/E of 2.7x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 1.2x vs a median of 1.3x. The company's 5-year average ROIC is 6.2% with a gross margin of 30.4%. Total shareholder yield (dividends) is 24.7%. At current prices, the estimated annualized return to fair value is -5.0%.
DTE ENERGY CO (DTB) has a current P/E ratio of 2.4, compared to its historical median P/E of 2.7. The stock is currently considered Fair based on its historical valuation range.
DTE ENERGY CO (DTB) has a 5-year average return on invested capital (ROIC) of 6.2%. This is below average and may indicate limited pricing power.
DTE ENERGY CO (DTB) has a market capitalization of $3.5B. It is classified as a mid-cap stock.
Yes, DTE ENERGY CO (DTB) pays a dividend with a trailing twelve-month yield of 24.66%.
Based on historical P/E analysis, DTE ENERGY CO (DTB) appears fair. The current P/E of 2.4 is 11% below its historical median of 2.7. The estimated fair value CAGR (P/E method) is -0.2%.
DTE ENERGY CO (DTB) operates in the Electric Services industry, within the Utilities sector.
DTE ENERGY CO (DTB) reported annual revenue of $15.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
DTE ENERGY CO (DTB) has a net profit margin of 9.2%. This is a modest margin.
DTE ENERGY CO (DTB) generated $2.8 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
DTE ENERGY CO (DTB) has a debt-to-equity ratio of 1.95. This indicates higher leverage, which may increase financial risk.
DTE ENERGY CO (DTB) reported earnings per share (EPS) of $7.03 in its most recent fiscal year.
DTE ENERGY CO (DTB) has a return on equity (ROE) of 12.2%. This indicates moderate shareholder returns.
DTE ENERGY CO (DTB) has a 5-year average gross margin of 30.4%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for DTE ENERGY CO (DTB), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DTE ENERGY CO (DTB) has a book value per share of $59.16, based on its most recent annual SEC filing.
No recent press releases.