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DTE Energy Company 2020 Series (DTB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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DTE Energy Company 2020 Series (DTB) stock price & volume — 10-year historical chart
DTE Energy Company 2020 Series (DTB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
DTE Energy Company 2020 Series (DTB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.01vs $2.08-99.7% | $5.1Bvs $4.7B+9.7% |
| Q1 2026 | Feb 17, 2026 | $1.65vs $1.52+8.6% | $4.4Bvs $3.4B+30.7% |
| Q4 2025 | Oct 30, 2025 | $2.02vs $2.11-4.3% | $3.5Bvs $3.2B+8.9% |
| Q3 2025 | Jul 29, 2025 | $1.11vs $1.40-20.7% | $3.4Bvs $2.8B+23.3% |
DTE Energy Company 2020 Series (DTB) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison
DTE Energy Company 2020 Series (DTB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DTE Energy Company 2020 Series (DTB) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 12.58B | 14.2B | 12.17B | 11.53B | 14.96B | 19.23B | 12.74B | 12.46B | 15.28B |
Revenue Growth % | 17.13% | 12.91% | -14.3% | -5.28% | 29.83% | 28.48% | -33.71% | -2.26% | 22.67% |
Cost of Revenue | 10.56B | 12.09B | 9.15B | 9.46B | 11.63B | 16.92B | 8.42B | 2.26B | 12.7B |
Gross Profit | 2.02B▲ 0% | 2.11B▲ 4.6% | 3.02B▲ 43.3% | 2.07B▼ 31.4% | 3.34B▲ 61.2% | 2.31B▼ 30.9% | 4.33B▲ 87.6% | 10.2B▲ 135.6% | 2.58B▼ 74.7% |
Gross Margin % | 16.02% | 14.84% | 24.81% | 17.96% | 22.29% | 11.99% | 33.95% | 81.84% | 16.88% |
Gross Profit Growth % | 4.35% | 4.57% | 43.28% | -31.43% | 61.16% | -30.88% | 87.64% | 135.61% | -74.7% |
Operating Expenses | 391M | 405M | 1.59B | 395M | 1.84B | 457M | 2.08B | 8.1B | 529M |
Other Operating Expenses | - | - | - | - | - | - | - | - | - |
EBITDA | 2.71B | 2.87B | 2.31B | 3B | 2.53B | 3.36B | 3.38B | 3.82B | 3.96B |
EBITDA Margin % | 21.53% | 20.22% | 18.98% | 26.06% | 16.88% | 17.47% | 26.48% | 30.69% | 25.9% |
EBITDA Growth % | 4.32% | 6.06% | -19.54% | 30.04% | -15.91% | 32.98% | 0.48% | 13.27% | 3.53% |
Depreciation & Amortization | 1.08B | 1.17B | 880M | 1.33B | 1.03B | 1.51B | 1.13B | 1.73B | 1.91B |
D&A / Revenue % | 8.61% | 8.23% | 7.23% | 11.53% | 6.89% | 7.85% | 8.88% | 13.9% | 12.49% |
Operating Income (EBIT) | 1.62B▲ 0% | 1.7B▲ 4.8% | 1.43B▼ 16.0% | 1.68B▲ 17.1% | 1.5B▼ 10.7% | 1.85B▲ 23.7% | 2.24B▲ 21.3% | 2.09B▼ 6.8% | 2.05B▼ 2.0% |
Operating Margin % | 12.91% | 11.99% | 11.75% | 14.53% | 9.99% | 9.62% | 17.6% | 16.79% | 13.42% |
Operating Income Growth % | 4.04% | 4.8% | -15.98% | 17.13% | -10.75% | 23.68% | 21.31% | -6.78% | -1.96% |
Interest Expense | 524M | 547M | 680M | 637M | 669M | 717M | 853M | 951M | 1.06B |
Interest Coverage | 3.48x | 3.24x | 2.07x | 2.64x | 2.26x | 2.49x | 2.64x | 2.44x | 1.94x |
Interest / Revenue % | 4.17% | 3.85% | 5.59% | 5.53% | 4.47% | 3.73% | 6.69% | 7.63% | 6.91% |
Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
Pretax Income | 1.29B▲ 0% | 1.22B▼ 5.5% | 1.01B▼ 16.7% | 1.08B▲ 6.8% | 656M▼ 39.4% | 1.11B▲ 69.5% | 1.57B▲ 40.8% | 1.37B▼ 12.5% | 1.55B▲ 13.1% |
Pretax Margin % | 10.23% | 8.56% | 8.33% | 9.39% | 4.38% | 5.78% | 12.29% | 11% | 10.14% |
Income Tax | 175M | 98M | 71M | 37M | -130M | 29M | 169M | -34M | 88M |
Effective Tax Rate % | 13.6% | 8.06% | 7.01% | 3.42% | -19.82% | 2.61% | 10.79% | -2.48% | 5.68% |
Net Income | 1.13B▲ 0% | 1.12B▼ 1.2% | 1.17B▲ 4.6% | 1.37B▲ 16.9% | 907M▼ 33.6% | 1.08B▲ 19.1% | 1.4B▲ 29.4% | 1.4B▲ 0.5% | 1.46B▲ 4.1% |
Net Margin % | 9% | 7.87% | 9.61% | 11.85% | 6.06% | 5.62% | 10.96% | 11.27% | 9.57% |
Net Income Growth % | 30.72% | -1.24% | 4.56% | 16.85% | -33.6% | 19.07% | 29.35% | 0.5% | 4.13% |
EPS (Diluted) | 6.32▲ 0% | 6.18▼ 2.2% | 6.31▲ 2.1% | 7.08▲ 12.2% | 4.67▼ 34.0% | 5.51▲ 18.0% | 6.77▲ 22.9% | 6.78▲ 0.1% | 7.06▲ 4.1% |
EPS Growth % | 30.58% | -2.22% | 2.1% | 12.2% | -34.04% | 17.99% | 22.87% | 0.15% | 4.13% |
EPS (Basic) | 6.32 | 6.18 | 6.31 | 7.08 | 4.69 | 5.54 | 6.77 | 6.78 | 7.06 |
Diluted Shares Outstanding | 179M | 181M | 185M | 193M | 194M | 196M | 206M | 207M | 207M |
DTE Energy Company 2020 Series (DTB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Total Assets | 33.77B | 36.29B | 42.27B | 45.5B | 39.72B | 42.68B | 44.76B | 48.84B | 54.07B |
Asset Growth % | 5.39% | 7.47% | 16.48% | 7.64% | -12.7% | 7.46% | 4.85% | 9.13% | 10.7% |
PP&E (Net) | 20.72B | 21.65B | 25.49B | 24.61B | 27.04B | 28.86B | 28.3B | 0 | 0 |
PP&E / Total Assets % | 61.36% | 59.66% | 60.3% | 54.08% | 68.08% | 67.61% | 63.24% | 0% | 0% |
Total Current Assets | 3.08B | 3.26B | 3.09B | 3.5B | 3.32B | 4.18B | 3.54B | 3.61B | 4.35B |
Cash & Equivalents | 89M | 76M | 93M | 474M | 35M | 43M | 51M | 88M | 250M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Inventory | 779M | 811M | 759M | 708M | 858M | 942M | 1.05B | 0 | 0 |
Other Current Assets | 478M | 589M | 347M | 649M | 736M | 1.16B | 647M | 1.69B | 1.95B |
Long-Term Investments | 2.92B | 3.46B | 4.03B | 2.53B | 2.85B | 2.59B | 2.9B | 3.54B | 4.41B |
Goodwill | 2.29B | 2.29B | 2.46B | 1.99B | 1.99B | 1.99B | 1.99B | 1.99B | 1.99B |
Intangible Assets | 867M | 849M | 2.39B | 199M | 177M | 166M | 156M | 144M | 188M |
Other Assets | 2B | 2.8B | 4.81B | 9.85B | 2.18B | 4.87B | 7.86B | 39.56B | 43.13B |
Total Liabilities | 23.78B | 25.57B | 30.43B | 32.91B | 31.01B | 32.28B | 33.7B | 37.14B | 41.76B |
Total Debt | 12.91B | 14.24B | 17.61B | 19.61B | 18.25B | 19.24B | 20.97B | 23.24B | 26.52B |
Net Debt | 12.83B | 14.17B | 17.52B | 19.13B | 18.22B | 19.2B | 20.92B | 23.22B | 26.27B |
Long-Term Debt | 12.18B | 12.13B | 15.92B | 18.98B | 14.51B | 16.86B | 17.41B | 20.67B | 24.01B |
Short-Term Borrowings | 725M | 2.1B | 1.55B | 500M | 3.62B | 2.28B | 3.44B | 2.36B | 2.27B |
Capital Lease Obligations | 6M | 11M | 138M | 130M | 115M | 100M | 121M | 211M | 249M |
Total Current Liabilities | 2.81B | 4.44B | 4B | 2.69B | 6.35B | 5.17B | 5.88B | 5.11B | 5.41B |
Accounts Payable | 1.17B | 1.33B | 1.08B | 1B | 1.41B | 1.6B | 1.36B | 1.39B | 1.75B |
Accrued Expenses | 111M | 127M | 0 | 158M | 140M | 154M | 0 | 0 | 0 |
Deferred Revenue | 158M | 172M | 379M | 210M | 171M | 2.39B | 0 | 0 | 0 |
Other Current Liabilities | 642M | 874M | 994M | 800M | 975M | -1.28B | 1.08B | 1.33B | 1.39B |
Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Other Liabilities | 8.78B | 9B | 7.89B | 9.06B | 7.89B | 7.77B | 7.64B | 8.22B | 8.69B |
Total Equity | 9.99B▲ 0% | 10.72B▲ 7.3% | 11.84B▲ 10.4% | 12.59B▲ 6.4% | 8.71B▼ 30.8% | 10.4B▲ 19.4% | 11.05B▲ 6.3% | 11.7B▲ 5.9% | 12.31B▲ 5.2% |
Equity Growth % | 5.17% | 7.28% | 10.44% | 6.36% | -30.79% | 19.37% | 6.29% | 5.87% | 5.16% |
Shareholders Equity | 9.51B | 10.24B | 11.67B | 12.43B | 8.71B | 10.4B | 11.05B | 11.7B | 12.3B |
Minority Interest | 478M | 480M | 164M | 164M | 8M | 4M | 5M | 5M | 5M |
Common Stock | 3.99B | 4.25B | 5.23B | 5.41B | 5.38B | 6.65B | 6.71B | 6.78B | 6.86B |
Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | 5.64B | 6.11B | 6.59B | 7.16B | 3.44B | 3.81B | 4.4B | 4.95B | 5.48B |
Accumulated OCI | -120M | -120M | -148M | -137M | -112M | -62M | -67M | -26M | -39M |
Return on Assets (ROA) | 3.44% | 3.19% | 2.98% | 3.11% | 2.13% | 2.62% | 3.2% | 3% | 2.84% |
Return on Equity (ROE) | 11.62% | 10.8% | 10.37% | 11.19% | 8.52% | 11.3% | 13.02% | 12.34% | 12.18% |
Debt / Equity | 1.29x | 1.33x | 1.49x | 1.56x | 2.09x | 1.85x | 1.90x | 1.99x | 2.16x |
Debt / Assets | 38.25% | 39.25% | 41.66% | 43.1% | 45.95% | 45.08% | 46.86% | 47.59% | 49.06% |
Net Debt / EBITDA | 4.74x | 4.93x | 7.58x | 6.37x | 7.21x | 5.72x | 6.20x | 6.07x | 6.64x |
Book Value per Share | 55.81 | 59.21 | 63.98 | 65.23 | 44.91 | 53.07 | 53.67 | 56.54 | 59.46 |
DTE Energy Company 2020 Series (DTB) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.13B | 2.69B | 2.66B | 3.72B | 3.08B | 1.99B | 3.25B | 3.67B | 3.43B |
Operating CF Growth % | 1.53% | 26.42% | -1.12% | 39.94% | -17.09% | -35.4% | 62.82% | 13.19% | -6.7% |
Operating CF / Revenue % | 16.91% | 18.94% | 21.85% | 32.28% | 20.62% | 10.37% | 25.46% | 29.49% | 22.43% |
Net Income | 1.13B | 1.12B | 1.17B | 1.37B | 907M | 1.08B | 1.39B | 1.4B | 1.46B |
Depreciation & Amortization | 1.08B | 1.17B | 1.32B | 1.33B | 1.44B | 1.51B | 1.67B | 1.79B | 1.91B |
Deferred Taxes | 196M | 114M | 329M | 407M | -32M | 44M | 181M | 194M | 358M |
Other Non-Cash Items | 2.27B | 2.22B | -17M | 153M | 423M | -59M | 2M | -37M | -79M |
Working Capital Changes | -261M | 336M | -214M | 401M | 281M | -644M | 3M | 328M | -219M |
Capital Expenditures | -2.25B | -2.71B | -6B | -3.86B | -3.77B | -3.38B | -3.93B | -4.47B | -4.43B |
CapEx / Revenue % | 17.89% | 19.11% | 49.34% | 33.46% | 25.21% | 17.57% | 30.87% | 35.86% | 28.98% |
CapEx / D&A | 2.08x | 2.32x | 4.54x | 2.90x | 2.63x | 2.24x | 2.36x | 2.50x | 2.32x |
CapEx Coverage (OCF/CapEx) | 0.95x | 0.99x | 0.44x | 0.96x | 0.82x | 0.59x | 0.82x | 0.82x | 0.77x |
Cash from Investing | -2.52B | -3.3B | -6B | -4.06B | -3.84B | -3.44B | -4.12B | -4.98B | -5.32B |
Acquisitions | 50M | 53M | -2.73B | -77M | 47M | 27M | 5M | 46M | -178M |
Purchase of Investments | -1.52B | -1.82B | -943M | -2.39B | -1.05B | -891M | -705M | -1.64B | -720M |
Sale of Investments | 1.24B | 1.2B | 788M | 2.35B | 1.05B | 879M | 681M | 1.6B | 717M |
Other Investing | -37M | -21M | -120M | -87M | -105M | -81M | -165M | -529M | -712M |
Cash from Financing | 371M | 601M | 3.36B | 760M | 271M | 1.46B | 881M | 1.34B | 2.06B |
Dividends Paid | -592M | -620M | -692M | -760M | -791M | -685M | -752M | -810M | -871M |
Dividend Payout Ratio % | 52.3% | 55.46% | 59.2% | 55.64% | 87.21% | 63.43% | 53.83% | 57.69% | 59.58% |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Stock Issued | 0 | 0 | 2.29B | 2M | 0 | 1.3B | 0 | 0 | 0 |
Share Repurchases | -51M | 0 | 0 | 0 | -66M | -55M | 0 | 0 | 0 |
Other Financing | -121M | -106M | -138M | -502M | -527M | -89M | -39M | -23M | -25M |
Net Change in Cash | -24M▲ 0% | -13M▲ 45.8% | 17M▲ 230.8% | 381M▲ 2141.2% | -439M▼ 215.2% | 8M▲ 101.8% | 8M▲ 0.0% | 37M▲ 362.5% | 162M▲ 337.8% |
Exchange Rate Effect | 0 | 0 | 0 | -42M | 42M | 0 | 0 | 0 | 0 |
Cash at Beginning | 113M | 89M | 76M | 93M | 474M | 35M | 43M | 51M | 88M |
Cash at End | 89M | 76M | 93M | 474M | 35M | 43M | 51M | 88M | 250M |
Free Cash Flow | -123M▲ 0% | -24M▲ 80.5% | -3.35B▼ 13837.5% | -136M▲ 95.9% | -687M▼ 405.1% | -1.39B▼ 101.6% | -689M▲ 50.3% | -794M▼ 15.2% | -1B▼ 26.2% |
FCF Growth % | 89.67% | 80.49% | -13837.5% | 95.93% | -405.15% | -101.6% | 50.25% | -15.24% | -26.2% |
FCF Margin % | -0.98% | -0.17% | -27.49% | -1.18% | -4.59% | -7.2% | -5.41% | -6.37% | -6.56% |
FCF / Net Income % | -10.87% | -2.15% | -286.14% | -9.96% | -75.74% | -128.24% | -49.32% | -56.55% | -68.54% |
DTE Energy Company 2020 Series (DTB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 9.47% | 11.62% | 10.8% | 10.37% | 11.19% | 8.52% | 11.3% | 13.02% | 12.34% | 12.18% |
EBITDA Margin | 24.17% | 21.53% | 20.22% | 18.98% | 26.06% | 16.88% | 17.47% | 26.48% | 30.69% | 25.9% |
Net Debt / EBITDA | 4.50x | 4.74x | 4.93x | 7.58x | 6.37x | 7.21x | 5.72x | 6.20x | 6.07x | 6.64x |
Interest Coverage | 3.49x | 3.48x | 3.24x | 2.07x | 2.64x | 2.26x | 2.49x | 2.64x | 2.44x | 1.94x |
CapEx / Revenue | 30.6% | 17.89% | 19.11% | 49.34% | 33.46% | 25.21% | 17.57% | 30.87% | 35.86% | 28.98% |
Dividend Payout Ratio | 61.32% | 52.3% | 55.46% | 59.2% | 55.64% | 87.21% | 63.43% | 53.83% | 57.69% | 59.58% |
Debt / Equity | 1.24x | 1.29x | 1.33x | 1.49x | 1.56x | 2.09x | 1.85x | 1.90x | 1.99x | 2.16x |
EPS Growth | 19.51% | 30.58% | -2.22% | 2.1% | 12.2% | -34.04% | 17.99% | 22.87% | 0.15% | 4.13% |
DTE Energy Company 2020 Series (DTB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 23, 2026·SEC
Mar 17, 2026·SEC
Mar 9, 2026·SEC
DTE Energy Company 2020 Series (DTB) stock FAQ — growth, dividends, profitability & financials explained
DTE Energy Company 2020 Series (DTB) reported $15.28B in revenue for fiscal year 2025. This represents a 125% increase from $6.79B in 2001.
DTE Energy Company 2020 Series (DTB) grew revenue by 22.7% over the past year. This is strong growth.
Yes, DTE Energy Company 2020 Series (DTB) is profitable, generating $1.46B in net income for fiscal year 2025 (9.6% net margin).
Yes, DTE Energy Company 2020 Series (DTB) pays a dividend with a yield of 24.74%. This makes it attractive for income-focused investors.
DTE Energy Company 2020 Series (DTB) has a return on equity (ROE) of 12.2%. This is reasonable for most industries.
DTE Energy Company 2020 Series (DTB) had negative free cash flow of $1.00B in fiscal year 2025, likely due to heavy capital investments.
DTE Energy Company 2020 Series (DTB) has a dividend payout ratio of 60%. This suggests the dividend is well-covered and sustainable.