DTE Energy Company(DTE) Stock Research - Grey Stern Research
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DTE Energy Company (DTE) Stock Analysis

$123.66 (0.54%)

DTE Financial Performance


Use the table below to view DTE Energy Company's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $123.66 -
52 Week Low $102.17 -
52 Week High $131.67 -
Market Cap $25.6 Billion 3/12
Gross Margin 37% 12/12
Profit Margin 16% 8/12
EBITDA margin 36% 7/12
Q3 - 2024 Revenue $2.9 Billion 4/12
Q3 - 2024 Earnings $477.0 Million 4/12
Q3 - 2024 Free Cash Flow $2.8 Million 2/12
Trailing 4 Quarters Revenue $12.4 Billion 3/12
Trailing 4 Quarters Earnings $1.5 Billion 3/12
Quarterly Earnings Growth 44% 3/12
Annual Earnings Growth 64% 1/12
Quarterly Revenue Growth 1% 9/12
Annual Revenue Growth 13% 3/12
Cash On Hand $1.0 Billion 1/12
Short Term Debt $4.4 Billion 2/12
Long Term Debt $20.4 Billion 4/12

DTE Energy Company Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare DTE Energy Company's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 16.74 10/12
PS 2.07 9/12
PB 0.00 9/12
PC 25.03 8/12
Liabilities to Equity 3.30 3/12
ROA 0.56 2/12
ROE 0.13 3/12
Current Ratio 0.07 10/12
Quick Ratio 0.05 3/12
Long Term Debt to Equity 1.76 5/12
Debt to Equity 0.38 10/12
Burn Rate 0.71 1/12
Cash to Cap 0.04 2/12
CCR 5.94 2/12
EV to EBITDA 27.68 10/12
EV to Revenue 2.34 12/12

Company Details

DTE 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.

CEO: Mr. Gerardo Norcia

Website: https://newlook.dteenergy.com

Address: 1 Energy Plz Detroit, MICHIGAN

Exchange: New York Stock Exchange

Industry: Utilities—Regulated Electric

DTE Energy Company Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to DTE Energy Company. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Alliant Energy Corporation LNT $15.5 Billion
CenterPoint Energy, Inc. CNP $21.2 Billion
Edison International EIX $24.3 Billion
CMS Energy Corporation CMS $20.3 Billion
Pinnacle West Capital Corporation PNW $9.9 Billion
FirstEnergy Corp. FE $23.0 Billion
Public Service Enterprise Group Incorporated PEG $43.9 Billion
Ameren Corporation AEE $25.1 Billion
Entergy Corporation ETR $35.2 Billion
MGE Energy, Inc. MGEE $3.4 Billion
Evergy, Inc. EVRG $14.5 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
DTE Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 2.9 Billion $477.0 Million
Q2 2024 $ 2.7 Billion $322.0 Million
Q1 2024 $ 3.3 Billion $313.0 Million
Q4 2023 $ 3.4 Billion $418.0 Million
Q3 2023 $ 2.9 Billion $332.0 Million
Q2 2023 $ 2.7 Billion $201.0 Million
Q1 2023 $ 3.8 Billion $445.0 Million
Q4 2022 $ 4.5 Billion $265.0 Million

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DTE Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $1.0 Billion $2.7 Billion $4.4 Billion $11.6 Billion
Q2 2024 $87.0 Million $47.8 Billion $23.2 Billion $11.1 Billion
Q1 2024 $349.0 Million $45.9 Billion $22.1 Billion $11.2 Billion
Q4 2023 $26.0 Million $44.8 Billion $21.0 Billion $11.1 Billion
Q3 2023 $0 $2.6 Billion $2.0 Billion $10.9 Billion
Q2 2023 $30.0 Million $42.9 Billion $19.9 Billion $10.5 Billion
Q1 2023 $115.0 Million $42.5 Billion $19.6 Billion $10.6 Billion
Q4 2022 $33.0 Million $42.7 Billion $19.2 Billion $10.4 Billion

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DTE Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $2.8 Billion $2.1 Billion $936.0 Million
Q2 2024 -$266.0 Million -$1.0 Billion -$262.0 Million
Q1 2024 -$6.0 Million -$1.1 Billion $298.0 Million
Q4 2023 -$276.0 Million -$1.1 Billion -$15.0 Million
Q3 2023 -$321.0 Million -$937.0 Million $25.0 Million
Q2 2023 -$104.0 Million -$939.0 Million -$96.0 Million
Q1 2023 -$13.0 Million -$937.0 Million $94.0 Million
Q4 2022 -$416.0 Million -$981.0 Million -$8.0 Million

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