DTE Energy is a Michigan-based energy company whose main businesses are DTE Electric and DTE Gas, regulated utilities serving customers across the state. It also operates non-utility businesses that include energy trading, renewable natural gas and industrial energy services. Revenue from the utilities comes from rates approved by the Michigan Public Service Commission, which cover costs and allow a return on investment in power plants and grid infrastructure.
Return on invested capital is 5%. Net debt is 6.6 times of EBITDA. It pays a dividend, and the yield is 7.4%. Overall, the X-Ray Score is 62 out of 100. These numbers describe past results and current financial position, and they are shown for reference only.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $14.41 – $17.33Volume 54,400Daily, split-adjusted
Vitals
Market cap$3.1B
52-week range$14.41 – $17.33
Volume (last day)54,400
P/E (TTM)2.4
EBIT / EV yield7.3%
Free-cash-flow yield–
Dividend yield7.4%
Revenue (TTM)$58M
Net income (TTM)$1.3B
Operating margin3,727.6%
Return on capital5.0%
Debt incl. leases$26.7B
Cash & securities$238M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$44model spread $44 – $44
Data under review+0.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Multiples use through-the-cycle earnings (0.60x of the last twelve months)
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so the fair value range is widened
Price $15
Undervalued < $26Fair $26 – $61Overvalued > $61
10-year DCF (market-scaled)
$-88
Peer multiples
$46
Earnings power floor (not blended)
$-40
Fundamentals-adjusted multiple
$42
Growth the price implies
5.4%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Read the lenses below
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
ValuationStrong
96/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield7.3%
Fair value vs price3.0×
GrowthWeak
16/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-9.4%
EPS growth (3y)8.4%
Growth consistency30%
ProfitabilityWeak
49/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital5.0%
Operating margin3,727.6%
Financial healthWeak
47/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA6.6×
Interest cover2.0×
DividendsFair
64/100
Dividend is typical for its sector.
See the numbers →
Dividend yield7.4%
Dividend growth8.3%
Quarterly results: last 6 quarters
+0.0%Dec '24
+7.1%Mar '25
+16.7%Jun '25
-10.5%Sep '25
+0.0%Dec '25
-20.0%Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $12M, diluted EPS $1.19.
Each check is graded against the company's sector, not a fixed number. Checklist score 57/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$198M
$82M
$59M
$60M
$61M
Operating income
$1.5B
$1.7B
$2.2B
$2.1B
$2.4B
Net income
$907M
$1.1B
$1.4B
$1.4B
$1.5B
Operating cash flow
$3.1B
$2.0B
$3.2B
$3.6B
$3.4B
Operating margin
755.1%
2,131.7%
3,801.7%
3,485.0%
3,891.8%
Free cash flow
–
–
–
–
–
Diluted EPS
$4.67
$5.52
$6.76
$6.77
$7.03
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
3 bullish · 4 neutral · 9 bearish
Weekly
Strongly bearish
1 bullish · 0 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
SMA 10
14.73
Bullish
EMA 10
14.76
Bullish
SMA 20
14.85
Bearish
EMA 20
14.88
Bearish
SMA 50
15.28
Bearish
EMA 50
15.23
Bearish
SMA 100
15.77
Bearish
EMA 100
15.59
Bearish
SMA 200
16.12
Bearish
EMA 200
15.93
Bearish
Oscillators (daily)
RSI (14)
42.92
Neutral
MACD (12, 26)
-0.17
Bearish
Momentum (12)
1.79
Bullish
Stochastic %K (14)
49.30
Neutral
Williams %R (14)
-50.70
Neutral
CCI (20)
-15.99
Neutral
Pivot points (classic, last session)
S3
14.36
S2
14.53
S1
14.65
Pivot
14.82
R1
14.94
R2
15.11
R3
15.23
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.09 USD
Yield on today's price
7.40%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
30 Sep 2026
0.2730
30 Jun 2026
0.2730
31 Mar 2026
0.2730
31 Dec 2025
0.2730
30 Sep 2025
0.2730
30 Jun 2025
0.2730
31 Mar 2025
0.2730
31 Dec 2024
0.2730
30 Sep 2024
0.2730
28 Jun 2024
0.2730
27 Mar 2024
0.2730
28 Dec 2023
0.2730
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.