(DTE) DTE Energy - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2333311072

Electricity, Natural Gas, Renewable Energy, Energy Trading

Multi-Utilities
Market Cap in USD: 26,637m
IPO / Inception: 1970-01-02
12m vs SPY: -5.96%

EPS (Earnings per Share)

EPS (Earnings per Share) of DTE over the last years for every Quarter: "2020-12": 1.39, "2021-03": 2.44, "2021-06": 1.7, "2021-09": 1.72, "2021-12": 1.05, "2022-03": 2.31, "2022-06": 0.88, "2022-09": 1.6, "2022-12": 1.31, "2023-03": 1.33, "2023-06": 0.99, "2023-09": 1.44, "2023-12": 1.97, "2024-03": 1.67, "2024-06": 1.43, "2024-09": 2.22, "2024-12": 1.51, "2025-03": 2.1, "2025-06": 1.36, "2025-09": 2.25, "2025-12": 0,
EPS CAGR: -52.77%
EPS Trend: -14.0%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of DTE over the last years for every Quarter: 2020-12: 3288, 2021-03: 3581, 2021-06: 3021, 2021-09: 3715, 2021-12: 4647, 2022-03: 4577, 2022-06: 4924, 2022-09: 5251, 2022-12: 4476, 2023-03: 3779, 2023-06: 2684, 2023-09: 2888, 2023-12: 3394, 2024-03: 3240, 2024-06: 2875, 2024-09: 2906, 2024-12: 3436, 2025-03: 4440, 2025-06: 3419, 2025-09: 3527, 2025-12: null,
Rev. CAGR: -7.09%
Rev. Trend: -53.3%
Last SUE: 0.19
Qual. Beats: 0

Dividends

Dividend Yield 3.32%
Yield on Cost 5y 5.21%
Yield CAGR 5y 3.41%
Payout Consistency 97.2%
Payout Ratio 61.4%
Risk via 5d forecast
Volatility 18.1%
Value at Risk 5%th 30.1%
Relative Tail Risk 1.24%
Reward TTM
Sharpe Ratio 0.45
Alpha 3.48
CAGR/Max DD 0.39
Character TTM
Hurst Exponent 0.413
Beta 0.260
Beta Downside 0.302
Drawdowns 3y
Max DD 18.00%
Mean DD 4.69%
Median DD 3.91%

Description: DTE DTE Energy December 17, 2025

DTE Energy (NYSE:DTE) operates as a regulated utility in southeastern Michigan, serving roughly 2.3 million electric customers and 1.3 million natural-gas customers through its Electric and Gas segments. The Electric segment combines coal, nuclear, hydro-pumped storage, wind, and solar generation, and maintains a distribution network of 702 substations (≈37.7 GW kVA) and over 4.5 million line transformers (≈33.6 GW kVA). The Gas segment manages about 20,500 mi of mains, 1.24 million service pipelines, and 1.35 million meters, plus roughly 2,000 mi of transmission pipelines.

Key recent metrics: DTE reported FY 2023 adjusted EBITDA of $2.3 billion and a regulated rate base of $24 billion, supporting its ability to fund the $2.5 billion capital-expenditure plan that emphasizes renewable capacity (now >1 GW) and grid modernization. A primary economic driver is the Michigan Public Service Commission’s rate-case outcomes, which historically account for >80 % of earnings volatility for multi-utility firms. Sector-wide, the transition to decarbonization is pressuring utilities to replace coal assets-DTE announced the retirement of its last coal unit by 2028, accelerating reliance on nuclear and renewables.

For a deeper, data-driven look at DTE’s valuation and peer benchmarks, check the ValueRay analysis.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (1.38b TTM) > 0 and > 6% of Revenue (6% = 889.3m TTM)
FCFTA -0.02 (>2.0%) and ΔFCFTA 0.22pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 3.35% (prev -9.42%; Δ 12.77pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.07 (>3.0%) and CFO 3.45b > Net Income 1.38b (YES >=105%, WARN >=100%)
Net Debt (25.22b) to EBITDA (4.26b) ratio: 5.92 <= 3.0 (WARN <= 3.5)
Current Ratio 1.15 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (207.0m) change vs 12m ago 0.0% (target <= -2.0% for YES)
Gross Margin 42.59% (prev 35.47%; Δ 7.12pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 29.11% (prev 24.93%; Δ 4.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 2.36 (EBITDA TTM 4.26b / Interest Expense TTM 1.02b) >= 6 (WARN >= 3)

Altman Z'' 1.04

(A) 0.01 = (Total Current Assets 3.76b - Total Current Liabilities 3.27b) / Total Assets 52.03b
(B) 0.10 = Retained Earnings (Balance) 5.36b / Total Assets 52.03b
(C) 0.05 = EBIT TTM 2.42b / Avg Total Assets 50.92b
(D) 0.30 = Book Value of Equity 12.16b / Total Liabilities 39.87b
Total Rating: 1.04 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 43.44

1. Piotroski 3.50pt
2. FCF Yield -1.66%
3. FCF Margin -5.82%
4. Debt/Equity 2.08
5. Debt/Ebitda 5.92
6. ROIC - WACC (= 2.83)%
7. RoE 11.64%
8. Rev. Trend -53.31%
9. EPS Trend -14.03%

What is the price of DTE shares?

As of January 12, 2026, the stock is trading at USD 129.89 with a total of 1,174,301 shares traded.
Over the past week, the price has changed by +0.85%, over one month by +0.24%, over three months by -6.43% and over the past year by +13.58%.

Is DTE a buy, sell or hold?

DTE Energy has received a consensus analysts rating of 3.95. Therefore, it is recommended to buy DTE.
  • Strong Buy: 9
  • Buy: 2
  • Hold: 8
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the DTE price?

Issuer Target Up/Down from current
Wallstreet Target Price 148.4 14.3%
Analysts Target Price 148.4 14.3%
ValueRay Target Price 134.1 3.3%

DTE Fundamental Data Overview January 09, 2026

P/E Trailing = 19.2294
P/E Forward = 16.6113
P/S = 1.7972
P/B = 2.1909
P/EG = 2.2464
Beta = 0.484
Revenue TTM = 14.82b USD
EBIT TTM = 2.42b USD
EBITDA TTM = 4.26b USD
Long Term Debt = 24.48b USD (from longTermDebt, last quarter)
Short Term Debt = 568.0m USD (from shortTermDebt, last quarter)
Debt = 25.30b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 25.22b USD (from netDebt column, last quarter)
Enterprise Value = 51.90b USD (26.64b + Debt 25.30b - CCE 34.0m)
Interest Coverage Ratio = 2.36 (Ebit TTM 2.42b / Interest Expense TTM 1.02b)
EV/FCF = -60.14x (Enterprise Value 51.90b / FCF TTM -863.0m)
FCF Yield = -1.66% (FCF TTM -863.0m / Enterprise Value 51.90b)
FCF Margin = -5.82% (FCF TTM -863.0m / Revenue TTM 14.82b)
Net Margin = 9.32% (Net Income TTM 1.38b / Revenue TTM 14.82b)
Gross Margin = 42.59% ((Revenue TTM 14.82b - Cost of Revenue TTM 8.51b) / Revenue TTM)
Gross Margin QoQ = 83.47% (prev 29.37%)
Tobins Q-Ratio = 1.00 (Enterprise Value 51.90b / Total Assets 52.03b)
Interest Expense / Debt = 1.07% (Interest Expense 271.0m / Debt 25.30b)
Taxrate = -1.45% (negative due to tax credits) (-6.00m / 413.0m)
NOPAT = 2.45b (EBIT 2.42b * (1 - -1.45%)) [negative tax rate / tax credits]
Current Ratio = 1.15 (Total Current Assets 3.76b / Total Current Liabilities 3.27b)
Debt / Equity = 2.08 (Debt 25.30b / totalStockholderEquity, last quarter 12.16b)
Debt / EBITDA = 5.92 (Net Debt 25.22b / EBITDA 4.26b)
Debt / FCF = -29.22 (negative FCF - burning cash) (Net Debt 25.22b / FCF TTM -863.0m)
Total Stockholder Equity = 11.88b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.71% (Net Income 1.38b / Total Assets 52.03b)
RoE = 11.64% (Net Income TTM 1.38b / Total Stockholder Equity 11.88b)
RoCE = 6.65% (EBIT 2.42b / Capital Employed (Equity 11.88b + L.T.Debt 24.48b))
RoIC = 6.88% (NOPAT 2.45b / Invested Capital 35.63b)
WACC = 4.05% (E(26.64b)/V(51.93b) * Re(6.87%) + D(25.30b)/V(51.93b) * Rd(1.07%) * (1-Tc(-0.01)))
Discount Rate = 6.87% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.16%
Fair Price DCF = unknown (Cash Flow -863.0m)
EPS Correlation: -14.03 | EPS CAGR: -52.77% | SUE: -4.0 | # QB: 0
Revenue Correlation: -53.31 | Revenue CAGR: -7.09% | SUE: 0.19 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.96 | Chg30d=+0.000 | Revisions Net=+2 | Analysts=4
EPS next Year (2026-12-31): EPS=7.72 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+7.0% | Growth Revenue=+5.5%

Additional Sources for DTE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle