(DTE) DTE Energy - Overview
Sector: Utilities | Industry: Utilities - Regulated Electric | Exchange: NYSE (USA) | Market Cap: 29.779m USD | Total Return: -11.3% in 12m
Avg Turnover: 225M
EPS Trend: 88.9%
Qual. Beats: 0
Rev. Trend: 38.3%
Qual. Beats: 2
Warnings
High Debt/EBITDA (6.6) with thin interest coverage (2.0)
High Debt while negative Cash Flow
Altman Z'' 0.88 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
DTE Energy Company is a Detroit-based diversified energy provider operating through four primary segments: Electric, Gas, DTE Vantage, and Energy Trading. The company serves 2.3 million electric customers and 1.4 million gas customers across Michigan, utilizing a generation mix that includes coal, natural gas, nuclear, and renewable energy assets. Its infrastructure includes 702 distribution substations and a 21,000-mile natural gas distribution network.
As a regulated multi-utility, DTE operates under a business model where state commissions approve rates to ensure a fair return on capital investments in infrastructure. This sector is characterized by high capital intensity and geographical monopolies, which typically provide stable cash flows compared to cyclical industries. Beyond regulated utilities, the DTE Vantage segment provides specialized industrial services, including metallurgical coke production and renewable gas recovery.
Investors can evaluate the company’s long-term valuation metrics and dividend sustainability by reviewing the detailed financial data on ValueRay. Founded in 1849, the company maintains a significant footprint in the Great Lakes region through its integrated energy trading and storage operations.
- Michigan Public Service Commission rate case outcomes dictate utility revenue and ROE
- Multi-billion dollar clean energy transition capital expenditures drive long-term rate base growth
- Industrial demand fluctuations in Michigan automotive sector impact electric and gas volumes
- DTE Vantage renewable energy projects provide diversified non-utility earnings and tax credits
- Interest rate volatility affects financing costs for intensive infrastructure and grid modernization projects
| Net Income: 1.26b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -1.32 > 1.0 |
| NWC/Revenue: -1.34% < 20% (prev -3.92%; Δ 2.58% < -1%) |
| CFO/TA 0.06 > 3% & CFO 3.31b > Net Income 1.26b |
| Net Debt (27.0b) to EBITDA (4.08b): 6.60 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (208.0m) vs 12m ago 0.48% < -2% |
| Gross Margin: 39.42% > 18% (prev 0.33%; Δ 3.91k% > 0.5%) |
| Asset Turnover: 31.20% > 50% (prev 27.56%; Δ 3.64% > 0%) |
| Interest Coverage Ratio: 1.97 > 6 (EBITDA TTM 4.08b / Interest Expense TTM 1.10b) |
| A: -0.00 (Total Current Assets 4.39b - Total Current Liabilities 4.61b) / Total Assets 55.1b |
| B: 0.10 (Retained Earnings 5.49b / Total Assets 55.1b) |
| C: 0.04 (EBIT TTM 2.16b / Avg Total Assets 52.3b) |
| D: 0.29 (Book Value of Equity 12.3b / Total Liabilities 42.8b) |
| Altman-Z'' = 0.88 = B |
| DSRI: 0.93 (Receivables 2.11b/1.89b, Revenue 16.3b/13.7b) |
| GMI: 0.83 (GM 39.42% / 32.88%) |
| AQI: 0.99 (AQ_t 0.29 / AQ_t-1 0.30) |
| SGI: 1.20 (Revenue 16.3b / 13.7b) |
| TATA: -0.04 (NI 1.26b - CFO 3.31b) / TA 55.1b) |
| Beneish M = -3.14 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 143.75 with a total of 1,404,681 shares traded.
Over the past week, the price has changed by +5.89%,
over one month by +6.16%,
over three months by -9.18% and
over the past year by -11.34%.
DTE Energy has received a consensus analysts rating of 3.95. Therefore, it is recommended to buy DTE.
- StrongBuy: 9
- Buy: 2
- Hold: 8
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 159.4 | 10.9% |
P/E Forward = 18.3486
P/S = 1.8032
P/B = 2.3735
P/EG = 1.9514
Revenue TTM = 16.3b USD
EBIT TTM = 2.16b USD
EBITDA TTM = 4.08b USD
Long Term Debt = 25.2b USD (from longTermDebt, last quarter)
Short Term Debt = 1.54b USD (from shortTermDebt, last quarter)
Debt = 27.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 272.0m
Net Debt = 27.0b USD (calculated: Debt 27.2b - CCE 278.0m)
Enterprise Value = 56.7b USD (29.8b + Debt 27.2b - CCE 278.0m)
Interest Coverage Ratio = 1.97 (Ebit TTM 2.16b / Interest Expense TTM 1.10b)
EV/FCF = -38.55x (Enterprise Value 56.7b / FCF TTM -1.47b)
FCF Yield = -2.59% (FCF TTM -1.47b / Enterprise Value 56.7b)
FCF Margin = -9.02% (FCF TTM -1.47b / Revenue TTM 16.3b)
Net Margin = 7.75% (Net Income TTM 1.26b / Revenue TTM 16.3b)
Gross Margin = 39.42% ((Revenue TTM 16.3b - Cost of Revenue TTM 9.89b) / Revenue TTM)
Gross Margin QoQ = 34.60% (prev 16.72%)
Tobins Q-Ratio = 1.03 (Enterprise Value 56.7b / Total Assets 55.1b)
Interest Expense / Debt = 4.03% (Interest Expense 1.10b / Debt 27.2b)
Taxrate = 5.68% (88.0m / 1.55b)
NOPAT = 2.04b (EBIT 2.16b * (1 - 5.68%))
Current Ratio = 0.95 (Total Current Assets 4.39b / Total Current Liabilities 4.61b)
Debt / Equity = 2.21 (Debt 27.2b / totalStockholderEquity, last quarter 12.3b)
Debt / EBITDA = 6.60 (Net Debt 27.0b / EBITDA 4.08b)
Debt / FCF = -18.32 (negative FCF - burning cash) (Net Debt 27.0b / FCF TTM -1.47b)
Total Stockholder Equity = 12.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.42% (Net Income 1.26b / Total Assets 55.1b)
RoE = 10.43% (Net Income TTM 1.26b / Total Stockholder Equity 12.1b)
RoCE = 5.79% (EBIT 2.16b / Capital Employed (Equity 12.1b + L.T.Debt 25.2b))
RoIC = 3.92% (NOPAT 2.04b / Invested Capital 52.0b)
WACC = 5.01% (E(29.8b)/V(57.0b) * Re(6.12%) + D(27.2b)/V(57.0b) * Rd(4.03%) * (1-Tc(0.06)))
Discount Rate = 6.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 48.69 | Cagr: 0.35%
[DCF] Fair Price = unknown (Cash Flow -1.47b)
EPS Correlation: 88.86 | EPS CAGR: 14.39% | SUE: -0.52 | # QB: 0
Revenue Correlation: 38.32 | Revenue CAGR: 4.73% | SUE: 0.95 | # QB: 2
EPS current Quarter (2026-06-30): EPS=1.51 | Chg30d=+0.61% | Revisions=-9% | Analysts=10
EPS next Quarter (2026-09-30): EPS=2.34 | Chg30d=+0.11% | Revisions=-27% | Analysts=10
EPS current Year (2026-12-31): EPS=7.71 | Chg30d=-0.05% | Revisions=-50% | GrowthEPS=+4.8% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=8.35 | Chg30d=+0.43% | Revisions=+45% | GrowthEPS=+8.3% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -50%