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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

DTE Energy Company (DTE) Quarterly Financial Ratios

Last 48 quarters of trend data · Utilities · Regulated Electric

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

DTE Energy Company's quarterly P/E stands at 17.9x, down 16.3% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 43.4% YoY to 6.8x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →21.0017.9117.5030.1016.1521.4113.9617.9018.5713.5815.4228.3612.68
—-16.3%+25.4%+68.1%-13.0%+57.7%-9.5%-36.9%+46.4%-37.6%+6.7%-83.0%-22.1%
P/S Ratio1.301.572.082.001.611.822.292.001.791.681.772.111.49
—-13.5%-9.3%+0.3%-10.0%+8.6%+29.2%-5.3%+20.0%+26.1%+66.6%+69.1%+6.6%
P/B Ratio2.492.172.412.342.402.142.292.072.082.061.882.162.12
—+1.5%+5.0%+13.1%+15.6%+3.8%+21.6%-4.3%-2.0%-10.0%-24.1%-24.6%-26.7%
P/FCF7.561.95——48.68————————
—————————————
EV / EBITDA5.336.8312.5814.0912.0912.0713.2012.1511.9710.1410.7212.9010.14
—-43.4%-4.7%+15.9%+1.0%+19.0%+23.1%-5.8%+18.1%-19.5%-5.7%-33.9%-15.8%
EV / EBIT9.6112.6219.9226.4019.2121.1520.7319.5320.3915.8318.4624.8815.32
—-40.4%-3.9%+35.2%-5.8%+33.6%+12.3%-21.5%+33.1%-28.9%-1.4%-59.9%-21.6%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

DTE Energy Company's operating margin was 13.7% in Q4 2025, down 3.9 pp QoQ and down 2.5 pp YoY. Gross margin contracted 50.1% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin84.9%16.7%83.5%29.4%27.3%33.5%37.0%36.6%32.7%35.8%36.1%33.9%30.6%
—-50.1%+125.9%-19.7%-16.6%-6.5%+2.2%+8.0%+6.9%+69.9%+85.0%+153.1%+35.0%
Operating Margin15.0%13.7%17.6%12.5%14.1%16.2%17.8%17.5%16.0%19.3%18.6%14.8%17.3%
—-15.5%-1.4%-28.5%-11.9%-16.4%-4.5%+18.0%-7.5%+87.3%+79.5%+298.0%+41.5%
Net Margin9.2%8.8%11.9%6.7%10.0%8.5%16.4%11.2%9.7%12.3%11.5%7.5%11.8%
—+3.2%-27.8%-40.5%+3.5%-31.2%+42.8%+49.6%-18.0%+108.5%+56.0%+896.6%+36.8%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE12.2%3.0%3.5%1.9%3.8%2.5%4.2%2.9%2.8%3.8%3.1%1.9%4.2%
—+21.3%-16.7%-33.3%+33.5%-34.5%+35.0%+51.9%-33.4%+39.9%-29.4%+348.5%-5.7%
ROA2.8%0.7%0.8%0.5%0.9%0.6%1.0%0.7%0.7%0.9%0.8%0.5%1.0%
—+18.5%-16.4%-33.5%+30.7%-37.5%+27.5%+46.1%-33.9%+51.2%-17.6%+419.3%+6.2%
ROIC7.2%1.7%1.3%0.9%1.3%1.2%1.1%1.1%1.2%1.6%1.3%1.0%1.6%
—+41.3%+14.4%-19.4%+11.6%-23.9%-15.1%+13.6%-27.1%+31.2%-9.3%+97.4%+6.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

DTE Energy Company's Debt/EBITDA ratio is 2.4x, down from 23.4x last quarter — at a moderate level that warrants monitoring. The current ratio has improved 44.1% YoY to 1.02x, strengthening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.200.202.082.051.971.992.142.091.981.901.891.891.84
—-89.7%-2.7%-2.1%-0.6%+4.7%+13.3%+10.2%+7.4%+2.5%-15.0%-15.2%-12.3%
Debt / EBITDA0.592.3523.3626.3421.7823.2625.9724.4323.5019.4721.4724.1118.89
—-89.9%-10.1%+7.8%-7.3%+19.5%+21.0%+1.3%+24.4%-13.7%+0.0%-29.6%-7.0%
Current Ratio1.021.021.150.940.870.710.830.690.750.600.850.890.88
—+44.1%+39.2%+34.9%+15.5%+17.4%-2.1%-22.1%-13.9%-25.6%+7.2%+50.0%+37.9%
Quick Ratio1.021.020.680.920.590.460.620.520.540.420.570.630.68
—+120.0%+8.6%+79.3%+9.1%+9.5%+9.0%-18.2%-19.7%-32.5%-4.3%+34.1%+33.4%
Interest Coverage2.252.082.281.672.502.242.052.152.373.152.692.073.41
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is DTE Energy Company's quarterly P/E ratio trend?

DTE Energy Company's current P/E is 21.0x. The average P/E over the last 4 quarters is 20.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do DTE Energy Company's margins change by quarter?

DTE Energy Company's current operating margin is 15.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at DTE quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking DTE Energy Company's business trajectory between earnings reports.

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