DTE Energy Company Website

DTE Energy Company

NYSE-DTE

Company Overview

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.

  • Name

    DTE Energy Company

  • CEO

    Joi Harris

  • Website

    www.dteenergy.com

  • Sector

    Multi-Utilities

  • Year Founded

    1849

Company Statistics

Profile

  • Market Cap

    —

  • EV

    —

  • Shares Out

    —

  • Revenue

    —

  • Employees

    —

Margins

  • Gross

    —

  • EBITDA

    —

  • Operating

    —

  • Pre-Tax

    —

  • Net

    —

  • FCF

    —

Returns (5Yr Avg)

  • ROA

    —

  • ROTA

    —

  • ROE

    —

  • ROCE

    —

  • ROIC

    —

Valuation (TTM)

  • P/E

    —

  • P/B

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

  • EV/Gross Profit

    —

Valuation (NTM)

  • Price Target

    —

  • P/E

    —

  • PEG

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    —

  • Net Debt

    —

  • Debt/Equity

    —

  • EBIT/Interest

    —

Growth (CAGR)

  • Rev 3Yr

    —

  • Rev 5Yr

    —

  • Rev 10Yr

    —

  • Dil EPS 3Yr

    —

  • Dil EPS 5Yr

    —

  • Dil EPS 10Yr

    —

  • Rev Fwd 2Yr

    —

  • EBITDA Fwd 2Yr

    —

  • EPS Fwd 2Yr

    —

  • EPS LT Growth Est

    —

Dividends

  • Yield

    —

  • Payout

    —

  • DPS

    —

  • DPS Growth 3Yr

    —

  • DPS Growth 5Yr

    —

  • DPS Growth 10Yr

    —

  • DPS Growth Fwd 2Yr

    —

Bulls Say

  • We expect annual dividend increases to remain 6%-7% for the foreseeable future.

  • Michigan's energy infrastructure needs investment to attract customers like data centers, which means ample growth opportunities for DTE's gas and electric utilities.

  • Over the past 10 years, Michigan regulation has been constructive for shareholders and we expect it to remain favorable.

Bears Say

  • Although changes to Michigan's regulatory framework were signed into law in late 2016, DTE still faces regulatory lag based on the timing of rate case filings.

  • DTE's regulated utilities primarily serve Detroit and the surrounding metropolitan area whereas other utilities have more geographically diverse service territories.

  • Higher interest rates and inflation could raise DTE's financing and operating costs while making the dividend less attractive.

Source: Morningstar Analysis - Nov 11, 2025

What's happening

Nov 12, 2025 - Dec 12, 2025

DTE Energy Faces Stock Decline Amidst Mixed Developments

  • DTE Energy reported strong quarterly earnings with an EPS of $2.25 and revenue of $3.53 billion, yet investor confidence waned.
  • The announcement of a quarterly dividend of $1.165 per share provided temporary relief but could not reverse the overall bearish trend in stock performance.
  • Despite challenges, DTE Energy outperformed its peers in the Utilities sector by 45%.

Over the past month, DTE Energy experienced a notable decline of 7.0% in its stock price, significantly underperforming compared to the S&P 500's modest gain of 0.7%. This downturn was largely influenced by several bearish developments that overshadowed positive news regarding the company's operations and financial health. On December 1, DTE reported strong quarterly earnings with an EPS of $2.25 and revenue reaching $3.53 billion; however, this did not translate into sustained investor confidence as market sentiment remained negative.

The announcement on December 3 regarding a quarterly dividend of $1.165 per share provided a brief boost to sentiment but failed to offset broader concerns impacting stock performance during early December. Although this declaration highlighted DTE’s commitment to returning value to shareholders while maintaining its long-standing tradition of cash dividends for over a century, it was insufficient in reversing the prevailing bearish trend.

On December 4, further negative pressure emerged when DTE announced details about its upcoming Annual Meeting scheduled for May 2026 as part of their operational transparency efforts and community initiatives focused on carbon reduction goals; however, this news did not inspire investor enthusiasm or stabilize stock prices amid ongoing market volatility surrounding utility stocks.

Analysts maintained a consensus rating of "Moderate Buy," with adjustments from firms like Bank of America reflecting some optimism about future performance based on recent earnings reports and strategic focus areas such as renewable energy generation; nevertheless, these positive indicators were overshadowed by persistent selling pressure resulting in significant losses for investors during this period.

Despite these challenges affecting overall stock movement negatively relative to broader indices like the S&P 500 (which saw an underperformance margin for DTE Energy Co at -7.7%), it is noteworthy that DTE Energy Co outperformed the Utilities (XLU) sector by an impressive margin of 45%.

NYSE:DTE