DTE Energy Company (DTE) 10-Year Financial Performance & Capital Metrics

DTE • • Utilities

UtilitiesElectric UtilitiesElectric and gas combination utilities

AboutDTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.Show more

Revenue $15.81B +26.9%
EBITDA $4.28B +12.0%
Net Income $1.46B +4.4%
Free Cash Flow $2.72B +430.0%
EBITDA Margin 27.08% -11.8%
Net Margin 9.24% -17.8%
ROE 12.18% -1.1%
Interest Coverage 2.25 +2.2%
Debt/Equity 0.20 -89.7%
Net Debt/EBITDA 0.59 -90.3%
CapEx / Revenue 0% -100.0%
CapEx Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 8/9
✓Healthy dividend yield of 2.8%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y4.34%

5Y6.72%

3Y-6.31%

TTM25.44%

Profit (Net Income) CAGR

10Y7.24%

5Y1.34%

3Y10.52%

TTM4.13%

EPS CAGR

10Y5.71%

5Y-0.06%

3Y8.55%

TTM4.28%

ROCE

10Y Avg4.88%

5Y Avg4.97%

3Y Avg5.34%

Latest5.08%

Peer Comparison

Electric and gas combination utilities

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ESEversource Energy	28.59B	76.21	33.57	-0.08%	10.22%	8.3%		1.92
ETREntergy Corporation	48.45B	107.11	27.39	8.98%	13.68%	10.28%		1.80
LNTAlliant Energy Corporation	18.6B	72.34	26.89	-1.14%	19.13%	11.19%		1.49
XELXcel Energy Inc.	49.3B	83.36	24.23	-5.38%	13.46%	9.04%		1.55
WECWEC Energy Group, Inc.	38.07B	116.96	24.22	13.96%	15.9%	3.82%		0.09
FTSFortis Inc.	29.17B	57.50	23.14	5.75%	14.79%	6.48%		1.34
CMSCMS Energy Corporation	6.57B	78.07	22.12	13.63%	12.62%	11.1%	34.04%	1.99
AEEAmeren Corporation	31.31B	113.28	21.17	15.43%	16.55%	10.76%		1.47

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue+	10.63B	12.61B	14.21B	12.17B	11.42B	14.96B	19.23B	12.74B	12.46B	15.81B
Revenue Growth %	2.83%	18.6%	12.73%	-14.38%	-6.12%	31%	28.5%	-33.72%	-2.26%	26.95%
Cost of Revenue	7.79B	9.43B	11.06B	9.15B	8.14B	11.63B	15.56B	8.42B	8.12B	2.38B
Gross Profit+	2.84B	3.17B	3.15B	3.02B	3.28B	3.34B	3.67B	4.33B	4.34B	13.43B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	10.86%	11.76%	-0.72%	-4.16%	8.61%	1.74%	9.95%	17.97%	0.25%	209.64%
Operating Expenses+	1.35B	1.46B	1.56B	1.59B	1.72B	1.84B	1.92B	2.08B	2.25B	11.06B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	2.46B	2.74B	2.72B	2.69B	3B	2.95B	3.22B	3.85B	3.82B	4.28B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	17.74%	11.33%	-0.84%	-0.92%	11.33%	-1.47%	8.87%	19.68%	-0.68%	12.01%
Depreciation & Amortization+	976M	1.03B	1.12B	1.26B	1.44B	1.46B	1.47B	1.61B	1.73B	1.91B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	1.49B	1.71B	1.59B	1.43B	1.55B	1.5B	1.75B	2.24B	2.09B	2.37B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	19.94%	15.14%	-6.84%	-10.29%	8.74%	-3.86%	16.92%	28.32%	-6.78%	13.53%
Interest Expense+	472M	536M	559M	568M	601M	630M	675M	791M	951M	1.06B
Interest Coverage	3.15x	3.19x	2.85x	2.52x	2.59x	2.37x	2.59x	2.84x	2.20x	2.25x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	1.1B	1.29B	1.22B	1.01B	1.08B	656M	1.11B	1.57B	1.37B	1.55B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	271M	175M	98M	71M	37M	-130M	29M	169M	-34M	88M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	868M	1.13B	1.12B	1.17B	1.37B	907M	1.08B	1.4B	1.4B	1.46B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	19.39%	30.65%	-1.23%	4.38%	17.02%	-33.7%	19.4%	28.99%	0.29%	4.35%
EPS (Diluted)+	4.83	6.32	6.17	6.31	7.08	4.67	5.52	6.76	6.77	7.06
EPS Growth %	19.26%	30.85%	-2.37%	2.27%	12.2%	-34.04%	18.2%	22.46%	0.15%	4.28%
EPS (Basic)	4.84	6.32	6.18	6.32	7.09	4.68	5.53	6.77	6.78	7.06
Diluted Shares Outstanding	179M	179M	181M	185M	193M	194M	196M	206M	207M	207M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets+	32.04B	33.77B	36.29B	42.27B	45.5B	39.72B	42.68B	44.76B	48.85B	54.07B
Asset Growth %	11.79%	5.39%	7.47%	16.48%	7.64%	-12.7%	7.46%	4.85%	9.14%	10.69%
PP&E (Net)+	19.73B	20.72B	21.65B	25.49B	24.61B	27.04B	28.86B	28.3B	31.08B	0
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	2.76B	3.08B	3.26B	3.09B	3.5B	3.32B	4.18B	3.54B	3.61B	4.35B
Cash & Equivalents	92M	66M	71M	93M	472M	28M	33M	26M	24M	250M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	772M	779M	811M	759M	708M	858M	942M	1.05B	1.25B	0
Other Current Assets	305M	380M	481M	347M	776M	601M	1.02B	672M	447M	1.95B
Long-Term Investments	2.27B	2.8B	3.37B	3.79B	2.23B	381M	330M	334M	304M	4.41B
Goodwill	2.29B	2.29B	2.29B	2.46B	1.99B	1.99B	1.99B	1.99B	1.99B	1.99B
Intangible Assets	842M	867M	849M	2.39B	199M	177M	166M	156M	144M	188M
Other Assets	4.15B	2.12B	2.89B	5.05B	12.97B	6.81B	4.76B	7.78B	11.72B	43.13B
Total Liabilities	22.54B	23.78B	25.57B	30.43B	32.91B	31.01B	32.28B	33.7B	37.14B	41.76B
Total Debt+	11.78B	12.91B	14.24B	17.61B	19.61B	18.25B	19.24B	20.97B	23.24B	2.52B
Net Debt	11.69B	12.85B	14.17B	17.52B	19.14B	18.22B	19.21B	20.94B	23.22B	2.52B
Long-Term Debt	11.26B	12.18B	12.13B	15.92B	18.98B	14.51B	16.86B	17.41B	20.67B	24.01B
Short-Term Borrowings	513M	730M	2.11B	1.51B	507M	3.63B	2.29B	3.42B	2.36B	2.52B
Capital Lease Obligations	7M	1M	7M	171M	123M	107M	92M	138M	206M	249M
Total Current Liabilities+	2.44B	2.81B	4.44B	4B	2.69B	6.35B	5.17B	5.88B	5.11B	4.27B
Accounts Payable	1.08B	1.17B	1.33B	1.08B	1B	1.41B	1.6B	1.36B	1.39B	1.75B
Accrued Expenses	96M	111M	127M	147M	158M	140M	154M	170M	224M	0
Deferred Revenue	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	749M	800M	874M	1.23B	1.01B	1.15B	1.12B	910M	885M	0
Deferred Taxes	1000K	1000K	1000K	0	0	1000K	1000K	1000K	1000K	1000K
Other Liabilities	4.67B	6.89B	7.02B	10.37B	11.13B	7.89B	7.77B	7.64B	8.22B	8.69B
Total Equity+	9.5B	9.99B	10.72B	11.84B	12.59B	8.71B	10.4B	11.05B	11.7B	12.31B
Equity Growth %	8%	5.17%	7.28%	10.44%	6.36%	-30.79%	19.37%	6.29%	5.87%	5.16%
Shareholders Equity	9.01B	9.51B	10.24B	11.67B	12.43B	8.71B	10.4B	11.05B	11.7B	12.3B
Minority Interest	488M	478M	480M	164M	164M	8M	4M	5M	5M	5M
Common Stock	4.03B	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	0
Retained Earnings	5.11B	5.64B	6.11B	6.59B	7.16B	3.44B	3.81B	4.4B	4.95B	5.48B
Accumulated OCI	-133M	-120M	-120M	-148M	-137M	-112M	-62M	-67M	-26M	-39M
Return on Assets (ROA)	2.86%	3.45%	3.2%	2.98%	3.12%	2.13%	2.63%	3.2%	2.99%	2.84%
Return on Equity (ROE)	9.49%	11.64%	10.82%	10.37%	11.2%	8.52%	11.33%	13.02%	12.31%	12.18%
Debt / Equity	1.24x	1.29x	1.33x	1.49x	1.56x	2.09x	1.85x	1.90x	1.99x	0.20x
Debt / Assets	36.77%	38.25%	39.25%	41.66%	43.1%	45.95%	45.08%	46.86%	47.58%	4.66%
Net Debt / EBITDA	4.75x	4.69x	5.21x	6.50x	6.38x	6.17x	5.97x	5.44x	6.07x	0.59x
Book Value per Share	53.07	55.81	59.21	63.98	65.23	44.91	53.07	53.67	56.54	59.46

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	2.08B	2.12B	2.68B	2.65B	3.7B	3.07B	1.98B	3.22B	3.64B	2.72B
Operating CF Growth %	8.77%	1.58%	26.59%	-1.16%	39.56%	-17.04%	-35.54%	62.87%	13.14%	-25.36%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	834M	1.11B	1.12B	1.17B	1.37B	907M	1.08B	1.4B	1.4B	1.15B
Depreciation & Amortization	976M	1.03B	1.12B	1.26B	1.44B	1.46B	1.47B	1.25B	1.33B	1.53B
Deferred Taxes	265M	196M	114M	329M	407M	-32M	44M	181M	194M	339M
Other Non-Cash Items	45M	40M	-57M	99M	-32M	335M	133M	323M	385M	-83M
Working Capital Changes	-36M	-261M	381M	-214M	508M	398M	-751M	65M	328M	-219M
Capital Expenditures+	-3.39B	-2.25B	-2.71B	-5.73B	-3.86B	-3.77B	-3.38B	-3.93B	-4.47B	-4.43B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-3.39B	-2.56B	-3.35B	-5.73B	-4.07B	-3.86B	-3.43B	-4.09B	-4.95B	-4.01B
Acquisitions	-1.39B	-299M	-637M	-2.62B	-163M	-8M	-13M	-27M	-27M	0
Purchase of Investments	-1.46B	-1.52B	-1.19B	-794M	-2.35B	-1.05B	-878M	-678M	-1.61B	0
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Investing	49M	272M	-12M	-110M	-50M	-76M	-41M	-137M	-453M	-4.01B
Cash from Financing+	1.36B	421M	654M	3.1B	796M	315M	1.46B	883M	1.34B	1.35B
Dividends Paid	-531M	-592M	-620M	-692M	-760M	-791M	-685M	-752M	-810M	-846M
Dividend Payout Ratio %	61.18%	52.2%	55.36%	59.2%	55.56%	87.21%	63.25%	53.83%	55.39%	59.58%
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Stock Issued	654M	0	0	2.29B	2M	0	1.3B	0	0	0
Share Repurchases	-33M	-51M	0	0	0	-66M	-55M	0	0	0
Other Financing	100M	-71M	-41M	-400M	-466M	-483M	1.21B	-37M	-23M	-756M
Net Change in Cash+	76M	-24M	-13M	17M	423M	-481M	8M	8M	37M	64M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	37M	113M	89M	76M	93M	516M	35M	43M	51M	59M
Cash at End	113M	89M	76M	93M	516M	35M	43M	51M	88M	123M
Free Cash Flow+	-1.3B	-133M	-33M	-3.08B	-160M	-705M	-1.4B	-714M	-824M	2.72B
FCF Growth %	-1153.85%	89.8%	75.19%	-9242.42%	94.81%	-340.63%	-98.72%	49.04%	-15.41%	429.98%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	9.49%	11.64%	10.82%	10.37%	11.2%	8.52%	11.33%	13.02%	12.31%	12.18%
EBITDA Margin	23.16%	21.74%	19.12%	22.13%	26.25%	19.74%	16.73%	30.2%	30.69%	27.08%
Net Debt / EBITDA	4.75x	4.69x	5.21x	6.50x	6.38x	6.17x	5.97x	5.44x	6.07x	0.59x
Interest Coverage	3.15x	3.19x	2.85x	2.52x	2.59x	2.37x	2.59x	2.84x	2.20x	2.25x
CapEx / Revenue	31.87%	17.85%	19.09%	47.11%	33.77%	25.21%	17.57%	30.87%	35.86%	0%
Dividend Payout Ratio	61.18%	52.2%	55.36%	59.2%	55.56%	87.21%	63.25%	53.83%	55.39%	59.58%
Debt / Equity	1.24x	1.29x	1.33x	1.49x	1.56x	2.09x	1.85x	1.90x	1.99x	0.20x
EPS Growth	19.26%	30.85%	-2.37%	2.27%	12.2%	-34.04%	18.2%	22.46%	0.15%	4.28%

US Stock Screener

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DTE Energy Company (DTE) 10-Year Financial Performance & Capital Metrics

DTE • • Utilities

UtilitiesElectric UtilitiesElectric and gas combination utilities

Revenue $15.81B +26.9%
EBITDA $4.28B +12.0%
Net Income $1.46B +4.4%
Free Cash Flow $2.72B +430.0%
EBITDA Margin 27.08% -11.8%
Net Margin 9.24% -17.8%
ROE 12.18% -1.1%
Interest Coverage 2.25 +2.2%
Debt/Equity 0.20 -89.7%
Net Debt/EBITDA 0.59 -90.3%
CapEx / Revenue 0% -100.0%
CapEx Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 8/9
✓Healthy dividend yield of 2.8%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y4.34%

5Y6.72%

3Y-6.31%

TTM25.44%

Profit (Net Income) CAGR

10Y7.24%

5Y1.34%

3Y10.52%

TTM4.13%

EPS CAGR

10Y5.71%

5Y-0.06%

3Y8.55%

TTM4.28%

ROCE

10Y Avg4.88%

5Y Avg4.97%

3Y Avg5.34%

Latest5.08%

Peer Comparison

Electric and gas combination utilities

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ESEversource Energy	28.59B	76.21	33.57	-0.08%	10.22%	8.3%		1.92
ETREntergy Corporation	48.45B	107.11	27.39	8.98%	13.68%	10.28%		1.80
LNTAlliant Energy Corporation	18.6B	72.34	26.89	-1.14%	19.13%	11.19%		1.49
XELXcel Energy Inc.	49.3B	83.36	24.23	-5.38%	13.46%	9.04%		1.55
WECWEC Energy Group, Inc.	38.07B	116.96	24.22	13.96%	15.9%	3.82%		0.09
FTSFortis Inc.	29.17B	57.50	23.14	5.75%	14.79%	6.48%		1.34
CMSCMS Energy Corporation	6.57B	78.07	22.12	13.63%	12.62%	11.1%	34.04%	1.99
AEEAmeren Corporation	31.31B	113.28	21.17	15.43%	16.55%	10.76%		1.47

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue+	10.63B	12.61B	14.21B	12.17B	11.42B	14.96B	19.23B	12.74B	12.46B	15.81B
Revenue Growth %	2.83%	18.6%	12.73%	-14.38%	-6.12%	31%	28.5%	-33.72%	-2.26%	26.95%
Cost of Revenue	7.79B	9.43B	11.06B	9.15B	8.14B	11.63B	15.56B	8.42B	8.12B	2.38B
Gross Profit+	2.84B	3.17B	3.15B	3.02B	3.28B	3.34B	3.67B	4.33B	4.34B	13.43B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	10.86%	11.76%	-0.72%	-4.16%	8.61%	1.74%	9.95%	17.97%	0.25%	209.64%
Operating Expenses+	1.35B	1.46B	1.56B	1.59B	1.72B	1.84B	1.92B	2.08B	2.25B	11.06B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	2.46B	2.74B	2.72B	2.69B	3B	2.95B	3.22B	3.85B	3.82B	4.28B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	17.74%	11.33%	-0.84%	-0.92%	11.33%	-1.47%	8.87%	19.68%	-0.68%	12.01%
Depreciation & Amortization+	976M	1.03B	1.12B	1.26B	1.44B	1.46B	1.47B	1.61B	1.73B	1.91B
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	1.49B	1.71B	1.59B	1.43B	1.55B	1.5B	1.75B	2.24B	2.09B	2.37B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	19.94%	15.14%	-6.84%	-10.29%	8.74%	-3.86%	16.92%	28.32%	-6.78%	13.53%
Interest Expense+	472M	536M	559M	568M	601M	630M	675M	791M	951M	1.06B
Interest Coverage	3.15x	3.19x	2.85x	2.52x	2.59x	2.37x	2.59x	2.84x	2.20x	2.25x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	1.1B	1.29B	1.22B	1.01B	1.08B	656M	1.11B	1.57B	1.37B	1.55B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	271M	175M	98M	71M	37M	-130M	29M	169M	-34M	88M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	868M	1.13B	1.12B	1.17B	1.37B	907M	1.08B	1.4B	1.4B	1.46B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	19.39%	30.65%	-1.23%	4.38%	17.02%	-33.7%	19.4%	28.99%	0.29%	4.35%
EPS (Diluted)+	4.83	6.32	6.17	6.31	7.08	4.67	5.52	6.76	6.77	7.06
EPS Growth %	19.26%	30.85%	-2.37%	2.27%	12.2%	-34.04%	18.2%	22.46%	0.15%	4.28%
EPS (Basic)	4.84	6.32	6.18	6.32	7.09	4.68	5.53	6.77	6.78	7.06
Diluted Shares Outstanding	179M	179M	181M	185M	193M	194M	196M	206M	207M	207M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets+	32.04B	33.77B	36.29B	42.27B	45.5B	39.72B	42.68B	44.76B	48.85B	54.07B
Asset Growth %	11.79%	5.39%	7.47%	16.48%	7.64%	-12.7%	7.46%	4.85%	9.14%	10.69%
PP&E (Net)+	19.73B	20.72B	21.65B	25.49B	24.61B	27.04B	28.86B	28.3B	31.08B	0
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	2.76B	3.08B	3.26B	3.09B	3.5B	3.32B	4.18B	3.54B	3.61B	4.35B
Cash & Equivalents	92M	66M	71M	93M	472M	28M	33M	26M	24M	250M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	772M	779M	811M	759M	708M	858M	942M	1.05B	1.25B	0
Other Current Assets	305M	380M	481M	347M	776M	601M	1.02B	672M	447M	1.95B
Long-Term Investments	2.27B	2.8B	3.37B	3.79B	2.23B	381M	330M	334M	304M	4.41B
Goodwill	2.29B	2.29B	2.29B	2.46B	1.99B	1.99B	1.99B	1.99B	1.99B	1.99B
Intangible Assets	842M	867M	849M	2.39B	199M	177M	166M	156M	144M	188M
Other Assets	4.15B	2.12B	2.89B	5.05B	12.97B	6.81B	4.76B	7.78B	11.72B	43.13B
Total Liabilities	22.54B	23.78B	25.57B	30.43B	32.91B	31.01B	32.28B	33.7B	37.14B	41.76B
Total Debt+	11.78B	12.91B	14.24B	17.61B	19.61B	18.25B	19.24B	20.97B	23.24B	2.52B
Net Debt	11.69B	12.85B	14.17B	17.52B	19.14B	18.22B	19.21B	20.94B	23.22B	2.52B
Long-Term Debt	11.26B	12.18B	12.13B	15.92B	18.98B	14.51B	16.86B	17.41B	20.67B	24.01B
Short-Term Borrowings	513M	730M	2.11B	1.51B	507M	3.63B	2.29B	3.42B	2.36B	2.52B
Capital Lease Obligations	7M	1M	7M	171M	123M	107M	92M	138M	206M	249M
Total Current Liabilities+	2.44B	2.81B	4.44B	4B	2.69B	6.35B	5.17B	5.88B	5.11B	4.27B
Accounts Payable	1.08B	1.17B	1.33B	1.08B	1B	1.41B	1.6B	1.36B	1.39B	1.75B
Accrued Expenses	96M	111M	127M	147M	158M	140M	154M	170M	224M	0
Deferred Revenue	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	749M	800M	874M	1.23B	1.01B	1.15B	1.12B	910M	885M	0
Deferred Taxes	1000K	1000K	1000K	0	0	1000K	1000K	1000K	1000K	1000K
Other Liabilities	4.67B	6.89B	7.02B	10.37B	11.13B	7.89B	7.77B	7.64B	8.22B	8.69B
Total Equity+	9.5B	9.99B	10.72B	11.84B	12.59B	8.71B	10.4B	11.05B	11.7B	12.31B
Equity Growth %	8%	5.17%	7.28%	10.44%	6.36%	-30.79%	19.37%	6.29%	5.87%	5.16%
Shareholders Equity	9.01B	9.51B	10.24B	11.67B	12.43B	8.71B	10.4B	11.05B	11.7B	12.3B
Minority Interest	488M	478M	480M	164M	164M	8M	4M	5M	5M	5M
Common Stock	4.03B	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	0
Retained Earnings	5.11B	5.64B	6.11B	6.59B	7.16B	3.44B	3.81B	4.4B	4.95B	5.48B
Accumulated OCI	-133M	-120M	-120M	-148M	-137M	-112M	-62M	-67M	-26M	-39M
Return on Assets (ROA)	2.86%	3.45%	3.2%	2.98%	3.12%	2.13%	2.63%	3.2%	2.99%	2.84%
Return on Equity (ROE)	9.49%	11.64%	10.82%	10.37%	11.2%	8.52%	11.33%	13.02%	12.31%	12.18%
Debt / Equity	1.24x	1.29x	1.33x	1.49x	1.56x	2.09x	1.85x	1.90x	1.99x	0.20x
Debt / Assets	36.77%	38.25%	39.25%	41.66%	43.1%	45.95%	45.08%	46.86%	47.58%	4.66%
Net Debt / EBITDA	4.75x	4.69x	5.21x	6.50x	6.38x	6.17x	5.97x	5.44x	6.07x	0.59x
Book Value per Share	53.07	55.81	59.21	63.98	65.23	44.91	53.07	53.67	56.54	59.46

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	2.08B	2.12B	2.68B	2.65B	3.7B	3.07B	1.98B	3.22B	3.64B	2.72B
Operating CF Growth %	8.77%	1.58%	26.59%	-1.16%	39.56%	-17.04%	-35.54%	62.87%	13.14%	-25.36%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	834M	1.11B	1.12B	1.17B	1.37B	907M	1.08B	1.4B	1.4B	1.15B
Depreciation & Amortization	976M	1.03B	1.12B	1.26B	1.44B	1.46B	1.47B	1.25B	1.33B	1.53B
Deferred Taxes	265M	196M	114M	329M	407M	-32M	44M	181M	194M	339M
Other Non-Cash Items	45M	40M	-57M	99M	-32M	335M	133M	323M	385M	-83M
Working Capital Changes	-36M	-261M	381M	-214M	508M	398M	-751M	65M	328M	-219M
Capital Expenditures+	-3.39B	-2.25B	-2.71B	-5.73B	-3.86B	-3.77B	-3.38B	-3.93B	-4.47B	-4.43B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-3.39B	-2.56B	-3.35B	-5.73B	-4.07B	-3.86B	-3.43B	-4.09B	-4.95B	-4.01B
Acquisitions	-1.39B	-299M	-637M	-2.62B	-163M	-8M	-13M	-27M	-27M	0
Purchase of Investments	-1.46B	-1.52B	-1.19B	-794M	-2.35B	-1.05B	-878M	-678M	-1.61B	0
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Investing	49M	272M	-12M	-110M	-50M	-76M	-41M	-137M	-453M	-4.01B
Cash from Financing+	1.36B	421M	654M	3.1B	796M	315M	1.46B	883M	1.34B	1.35B
Dividends Paid	-531M	-592M	-620M	-692M	-760M	-791M	-685M	-752M	-810M	-846M
Dividend Payout Ratio %	61.18%	52.2%	55.36%	59.2%	55.56%	87.21%	63.25%	53.83%	55.39%	59.58%
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Stock Issued	654M	0	0	2.29B	2M	0	1.3B	0	0	0
Share Repurchases	-33M	-51M	0	0	0	-66M	-55M	0	0	0
Other Financing	100M	-71M	-41M	-400M	-466M	-483M	1.21B	-37M	-23M	-756M
Net Change in Cash+	76M	-24M	-13M	17M	423M	-481M	8M	8M	37M	64M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	37M	113M	89M	76M	93M	516M	35M	43M	51M	59M
Cash at End	113M	89M	76M	93M	516M	35M	43M	51M	88M	123M
Free Cash Flow+	-1.3B	-133M	-33M	-3.08B	-160M	-705M	-1.4B	-714M	-824M	2.72B
FCF Growth %	-1153.85%	89.8%	75.19%	-9242.42%	94.81%	-340.63%	-98.72%	49.04%	-15.41%	429.98%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	9.49%	11.64%	10.82%	10.37%	11.2%	8.52%	11.33%	13.02%	12.31%	12.18%
EBITDA Margin	23.16%	21.74%	19.12%	22.13%	26.25%	19.74%	16.73%	30.2%	30.69%	27.08%
Net Debt / EBITDA	4.75x	4.69x	5.21x	6.50x	6.38x	6.17x	5.97x	5.44x	6.07x	0.59x
Interest Coverage	3.15x	3.19x	2.85x	2.52x	2.59x	2.37x	2.59x	2.84x	2.20x	2.25x
CapEx / Revenue	31.87%	17.85%	19.09%	47.11%	33.77%	25.21%	17.57%	30.87%	35.86%	0%
Dividend Payout Ratio	61.18%	52.2%	55.36%	59.2%	55.56%	87.21%	63.25%	53.83%	55.39%	59.58%
Debt / Equity	1.24x	1.29x	1.33x	1.49x	1.56x	2.09x	1.85x	1.90x	1.99x	0.20x
EPS Growth	19.26%	30.85%	-2.37%	2.27%	12.2%	-34.04%	18.2%	22.46%	0.15%	4.28%

DTE Energy Company (DTE) 10-Year Financial Performance & Capital Metrics

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Price & Volume

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Revenue CAGR

Profit (Net Income) CAGR

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DTE Energy Company (DTE) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare DTE vs Peers

vs DUK

vs XEL

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios