DTE Stock Analysis: DTE Energy | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 26.681m USD | 12M Return: -7.6% | US2333311072 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 251M
EPS Trend: 82.2%
Qual. Beats: 1
Rev. Trend: 82.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
DTE Energy Company is a multi-utility holding company headquartered in Detroit, Michigan, that operates across four segments: Electric, Gas, DTE Vantage, and Energy Trading. Its Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million customers in southeastern Michigan using a mix of coal, natural gas, hydroelectric, nuclear, wind, and solar assets. The Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan, supplemented by storage and transportation capacity sales.
DTE Vantage provides specialized energy-related products and services, including metallurgical and petroleum coke to steelmakers, as well as power generation, steam, chilled water, wastewater treatment, and compressed air for industrial customers, and also operates renewable generation and gas recovery sites. The Energy Trading segment conducts power, natural gas, and environmental marketing and trading, structured transactions, and the optimization of contracted pipeline transportation and storage positions. The company was founded in 1849 and is listed on the NYSE under the ticker DTE.
As a multi-utility operating in the regulated Utilities sector, DTE functions largely as a state-regulated monopoly within its Michigan service territory, with rates and infrastructure investments typically reviewed by the Michigan Public Service Commission. Vertically integrated utilities like DTE generally own generation, transmission, and distribution assets, which provides stable, rate-base-driven earnings alongside exposure to commodity price fluctuations through its non-regulated trading and Vantage businesses.
- Michigan rate case rulings drive electric segment ROE
- Multi-year grid modernization capex accelerates rate base growth
- Industrial gas demand tied to Michigan auto manufacturing cycle
| Net Income: 1.32b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.15 > 1.0 |
| NWC/Revenue: -8.00% < 20% (prev -1.69%; Δ -6.31% < -1%) |
| CFO/TA 0.06 > 3% & CFO 3.38b > Net Income 1.32b |
| Net Debt (28.0b) to EBITDA (4.26b): 6.57 < 3 |
| Current Ratio: 0.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (208.0m) vs 12m ago 0.48% < -2% |
| Gross Margin: 36.75% > 18% (prev 31.28%; Δ 5.47% > 0.5%) |
| Asset Turnover: 30.51% > 50% (prev 28.26%; Δ 2.25% > 0%) |
| Interest Coverage Ratio: 2.03 > 6 (EBIT TTM 2.32b / Interest Expense TTM 1.14b) |
| A: -0.02 (Total Current Assets 4.05b - Total Current Liabilities 5.35b) / Total Assets 56.2b |
| B: 0.09 (Retained Earnings 5.28b / Total Assets 56.2b) |
| C: 0.04 (EBIT TTM 2.32b / Avg Total Assets 53.2b) |
| D: 0.28 (Book Value of Equity 12.1b / Total Liabilities 44.1b) |
| Altman-Z'' = 0.74 = B |
| DSRI: 0.97 (Receivables 1.95b/1.76b, Revenue 16.2b/14.2b) |
| GMI: 0.85 (GM 31.28% / 36.75%) |
| AQI: 0.97 (AQ_t 0.29 / AQ_t-1 0.30) |
| SGI: 1.14 (Revenue 16.2b / 14.2b) |
| TATA: -0.04 (NI 1.32b - CFO 3.38b) / TA 56.2b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at USD 127.24 with a total of 1,391,185 shares traded. Over the past week, the price has changed by +4.47%, over one month by -6.45%, over three months by -16.53% and over the past year by -7.57%.
Current recommended Stop Loss: 123.80 (which is 2.7% or 1.5 ATR below the current price).
DTE Energy has received a consensus analysts rating of 4.12. Therefore, it is recommended to buy DTE.
- StrongBuy: 9
- Buy: 1
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 152.7 | 20% |
P/E Trailing = 20.3201
P/E Forward = 15.5763
P/S = 1.6205
P/B = 2.2342
P/EG = 1.6757
Revenue TTM = 16.2b USD
EBIT TTM = 2.32b USD
EBITDA TTM = 4.26b USD
Long Term Debt = 23.8b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.96b USD (from shortTermDebt, last quarter)
Debt = 28.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 272.0m
Net Debt = 28.0b USD (calculated: Debt 28.1b - CCE 84.0m)
Enterprise Value = 54.7b USD (26.7b + Debt 28.1b - CCE 84.0m)
Interest Coverage Ratio = 2.03 (Ebit TTM 2.32b / Interest Expense TTM 1.14b)
EV/FCF = -28.35x (Enterprise Value 54.7b / FCF TTM -1.93b)
FCF Yield = -3.53% (FCF TTM -1.93b / Enterprise Value 54.7b)
FCF Margin = -11.88% (FCF TTM -1.93b / Revenue TTM 16.2b)
Net Margin = 8.12% (Net Income TTM 1.32b / Revenue TTM 16.2b)
Gross Margin = 36.75% ((Revenue TTM 16.2b - Cost of Revenue TTM 10.3b) / Revenue TTM)
Gross Margin QoQ = 16.10% (prev 34.60%)
Tobins Q-Ratio = 0.97 (Enterprise Value 54.7b / Total Assets 56.2b)
Interest Expense / Debt = 4.07% (Interest Expense 1.14b / Debt 28.1b)
Taxrate = 0.45% (6.00m / 1.32b)
NOPAT = 2.31b (EBIT 2.32b * (1 - 0.45%))
Current Ratio = 0.76 (Total Current Assets 4.05b / Total Current Liabilities 5.35b)
Debt / Equity = 2.31 (Debt 28.1b / totalStockholderEquity, last quarter 12.1b)
Debt / EBITDA = 6.57 (Net Debt 28.0b / EBITDA 4.26b)
Debt / FCF = -14.52 (negative FCF - burning cash) (Net Debt 28.0b / FCF TTM -1.93b)
Total Stockholder Equity = 12.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.48% (Net Income 1.32b / Total Assets 56.2b)
RoE = 10.78% (Net Income TTM 1.32b / Total Stockholder Equity 12.2b)
RoCE = 6.45% (EBIT 2.32b / Capital Employed (Equity 12.2b + L.T.Debt 23.8b))
RoIC = 4.38% (NOPAT 2.31b / Invested Capital 52.8b)
WACC = 4.98% (E(26.7b)/V(54.8b) * Re(5.96%) + D(28.1b)/V(54.8b) * Rd(4.07%) * (1-Tc(0.00)))
Discount Rate = 5.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.30 | Cagr: 0.21%
[DCF] Fair Price = unknown (Cash Flow -1.93b)
EPS Correlation: 82.20 | EPS CAGR: 11.47% | SUE: 1.33 | # QB: 1
Revenue Correlation: 82.29 | Revenue CAGR: 10.47% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.40 | Chg30d=-0.30% | Revisions=+0% | Analysts=8
EPS current Year (2026-12-31): EPS=7.71 | Chg30d=+0.00% | Revisions=-44% | GrowthEPS=+4.7% | GrowthRev=+1.6%
EPS next Year (2027-12-31): EPS=8.36 | Chg30d=-0.01% | Revisions=-29% | GrowthEPS=+8.5% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: -32% (up=5, down=11)