VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemes
DCF ValuationCalculate intrinsic value of US stocks
Market ValuationBuffett indicator, CAPE & macro gauges
Total ReturnSee dividends + price return history
DCA CalculatorSimulate recurring buys & compounding
Earnings
FAANG & Tech
AAPL vs MSFTNVDA vs AMDGOOGL vs META
Cloud & Cyber
CRM vs NOWCRWD vs PANWSNOW vs DDOG
Consumer & Auto
TSLA vs FAMZN vs WMTNFLX vs DIS
Finance & Crypto
JPM vs BACV vs MACOIN vs MSTR
Pharma & Energy
LLY vs NVOJNJ vs PFEXOM vs CVX
Compare Any Stocks...
WatchlistInsider
ScreenerThemes
Earnings
WatchlistInsider
DTG
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist
DTGDTE Energy Company 2021 Series
$17.05$3.5B
Overview & Verdict
Overview
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice HistoryTechnical Analysis
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Ownership
Holders
  1. Home
  2. Financial Ratios

  1. Home
  2. Stocks
  3. DTG
  4. Financial Ratios

DTE Energy Company 2021 Series (DTG) Financial Ratios

Latest Ratios: P/E Ratio 2.4x · EV/EBITDA 7.5x · ROE 12.2%. (2001–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

DTG Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$3.5B$3.6B$3.8B$4.3B$3.4B$5.1B—————
Enterprise Value$29.8B$29.8B$27.0B$25.3B$22.6B$23.3B—————
P/E Ratio →2.422.432.713.093.175.63—————
P/S Ratio0.230.230.300.340.180.34—————
P/B Ratio0.290.290.320.390.330.59—————
P/FCF———————————
P/OCF1.031.041.031.331.721.65—————

P/E links to full P/E history page with 30-year chart

DTG EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.952.171.981.181.56—————
EV / EBITDA7.537.547.077.488.079.23—————
EV / EBIT14.5511.4511.6411.2312.9715.43—————
EV / FCF———————————

DTG Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin16.9%16.9%81.8%34.0%19.1%22.3%28.7%24.8%14.8%16.0%18.0%
Operating Margin13.4%13.4%16.8%17.6%9.1%10.0%13.6%11.8%12.0%12.9%14.5%
Net Profit Margin9.6%9.6%11.3%11.0%5.6%6.1%12.0%9.6%7.9%9.0%8.1%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE12.2%12.2%12.3%13.0%11.3%8.5%11.2%10.4%10.8%11.6%9.5%
ROA2.8%2.8%3.0%3.2%2.6%2.1%3.1%3.0%3.2%3.4%2.9%
ROIC4.2%4.2%4.7%5.5%4.6%3.8%3.8%4.0%5.4%5.5%5.9%
ROCE4.4%4.4%5.1%5.9%4.9%3.9%3.8%4.1%5.4%5.4%5.6%

DTG Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity2.162.161.991.901.852.091.561.491.331.291.24
Debt / EBITDA6.706.706.086.216.877.237.817.624.964.774.54
Net Debt / Equity—2.131.981.891.852.091.521.481.321.281.23
Net Debt / EBITDA6.646.646.076.216.857.217.627.584.934.744.50
Debt / FCF———————————
Interest Coverage2.472.472.442.642.432.262.422.073.243.483.49

DTG Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.800.800.710.600.810.521.300.770.731.101.13
Quick Ratio0.550.550.460.420.630.391.040.580.550.820.82
Cash Ratio0.050.050.020.000.010.010.180.020.020.030.05
Asset Turnover—0.280.260.280.450.380.250.290.390.370.34
Inventory Turnover9.249.241.827.9916.5213.5511.5012.0514.9113.5611.41
Days Sales Outstanding———————————

DTG Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield24.7%24.5%21.3%17.4%20.0%15.5%—————
Payout Ratio59.6%59.6%57.7%53.8%63.3%87.2%55.6%59.2%55.5%52.3%61.3%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield41.4%41.1%37.0%32.3%31.6%17.8%—————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%1.6%1.3%—————
Total Shareholder Yield24.7%24.5%21.3%17.4%21.6%16.8%—————
Shares Outstanding—$207M$207M$206M$196M$194M$193M$185M$181M$179M$179M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Regulatory lag and leverage

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Disconnects Amidst Earnings Volatility

According to current market data, DTE Energy trades at a TTM P/E of 2.40, a figure that appears significantly detached from historical utility norms and suggests the market is heavily discounting the company's earnings quality due to recent regulatory and operational headwinds in the Michigan jurisdiction.

The exceptionally low P/E ratio warrants caution, as it likely reflects investor skepticism regarding the sustainability of earnings rather than a genuine value opportunity. Given the utility's role as a bond proxy, this valuation compression may indicate that the market is pricing in a higher risk premium for regulatory lag and the potential for future dividend adjustments.

ROE Compression Signals Regulatory Friction

As reported in the quarterly financial data, the company's ROE has struggled to maintain momentum, peaking at only 4.2% in 2024Q3 and falling to 0.0% in 2026Q1, which indicates a significant gap between authorized returns and actual performance in the current regulatory environment.

This persistent under-earning relative to typical utility authorized ROEs suggests that DTE is facing substantial regulatory lag or operational inefficiencies that prevent it from capturing its full allowed profit. Investors should monitor whether future rate cases can bridge this gap or if the current cost structure remains fundamentally misaligned with MPSC expectations.

Leverage Metrics Indicate Structural Vulnerability

Based on the provided quarterly figures, the debt-to-capital ratio has remained consistently elevated near 0.68, which, when viewed alongside an interest coverage ratio that dipped to 1.65 in 2026Q1, suggests a balance sheet that is increasingly sensitive to rising interest rate environments.

The reliance on debt to fund aggressive capital expenditure programs appears to be straining the company's financial flexibility. This leverage profile may limit management's ability to navigate unforeseen operational shocks without further diluting equity or risking credit rating pressure.

Dividend Sustainability Faces Cash Constraints

According to recent financial statements, the dividend payout ratio has shown extreme volatility, reaching 95.2% in 2025Q2, which indicates that the company's ability to fund its dividend from internal cash flow is currently compromised by heavy capital investment requirements.

While the dividend yield of 24.8% appears attractive on the surface, it likely reflects a market pricing in significant risk of a dividend reset. The disconnect between cash generation and capital deployment suggests that the current payout level may not be sustainable without continued reliance on external financing.

Misapplication of P/E in Utilities

The most commonly misapplied ratio for DTE Energy is the P/E ratio, which investors often use to compare the company against broader industrial sectors, failing to account for the distortive impact of regulatory accounting and non-recurring items on net income.

Using P/E for a utility like DTE obscures the underlying cash-generating capacity of the rate base, which is better analyzed through EV/EBITDA or price-to-book metrics. Relying on P/E in this context ignores the reality that utility earnings are often a function of accounting decisions regarding regulatory assets rather than pure operational performance.

Download Financial Ratios Data

Includes 30+ ratios · 25 years · Updated daily

Consensus-Based Analysis Tools

Intrinsic Valuation

DCF models, multiple analysis, and analyst estimates.

Check Valuation

Historical Returns

10-year return with dividends reinvested.

Calculate

DCA Calculator

See how regular investing compounds over time.

Run Numbers

Peer Comparison

Compare growth, multiples, and margins vs sector.

Compare

DTG — Frequently Asked Questions

Quick answers to the most common questions about buying DTG stock.

What is DTE Energy Company 2021 Series's P/E ratio?

DTE Energy Company 2021 Series's current P/E ratio is 2.4x. The historical average is 3.4x.

What is DTE Energy Company 2021 Series's EV/EBITDA?

DTE Energy Company 2021 Series's current EV/EBITDA is 7.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.9x.

What is DTE Energy Company 2021 Series's ROE?

DTE Energy Company 2021 Series's return on equity (ROE) is 12.2%. The historical average is 7.7%.

Is DTG stock overvalued?

Based on historical data, DTE Energy Company 2021 Series is trading at a P/E of 2.4x. Compare with industry peers and growth rates for a complete picture.

What is DTE Energy Company 2021 Series's dividend yield?

DTE Energy Company 2021 Series's current dividend yield is 24.68% with a payout ratio of 59.6%.

What are DTE Energy Company 2021 Series's profit margins?

DTE Energy Company 2021 Series has 16.9% gross margin and 13.4% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does DTE Energy Company 2021 Series have?

DTE Energy Company 2021 Series's Debt/EBITDA ratio is 6.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.