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DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.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 coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. 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 1849 and is based in Detroit, Michigan.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
DTE Energy Company is an integrated energy firm providing regulated electric and gas utilities in Michigan and owning non‑regulated generation and energy services businesses. Long-term growth may be driven by capital investment in grid modernization, expansion of renewables and electrification, and regulated rate base increases, which could support stable cash flows and dividend capacity.
Key risks include regulatory and rate case outcomes, execution and capital‑intensity of the transition to lower‑carbon generation, commodity exposure in unregulated operations and potential weather-driven demand variability.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 1550.00M | 1370.00M | 1566.00M | 1112.00M | 656.00M |
| Minority interest | - | - | 0.00M | 0.00M | -10.00M |
| Net income | 1462.00M | 1401.00M | 1397.00M | 1083.00M | 907.00M |
| Selling general administrative | - | - | 9.00M | 457.00M | 431.00M |
| Gross profit | 13432.00M | 4338.00M | 4327.00M | 3668.00M | 3336.00M |
| Reconciled depreciation | 1283.00M | 1332.00M | 1606.00M | 1468.00M | 1459.00M |
| Ebit | 2050.00M | 2321.00M | 2357.00M | 1748.00M | 1495.00M |
| Ebitda | 3958.00M | 4053.00M | 3963.00M | 3247.00M | 3022.00M |
| Depreciation and amortization | 1908.00M | 1732.00M | 1606.00M | 1499.00M | 1527.00M |
| Non operating income net other | - | - | - | 39.00M | -209.00M |
| Operating income | 2374.00M | 2091.00M | 2243.00M | 1748.00M | 1495.00M |
| Other operating expenses | 13440.00M | 10366.00M | 10502.00M | 17456.00M | 13409.00M |
| Interest expense | 1056.00M | 951.00M | 791.00M | 675.00M | 630.00M |
| Tax provision | 72.00M | -34.00M | 169.00M | 29.00M | -130.00M |
| Interest income | 889.00M | 136.00M | 57.00M | 46.00M | 22.00M |
| Net interest income | -953.00M | -815.00M | -734.00M | -629.00M | -608.00M |
| Extraordinary items | -16.00M | - | 0.00M | 0.00M | 111.00M |
| Non recurring | - | - | - | -5.00M | 33.00M |
| Income tax expense | 88.00M | -34.00M | 169.00M | 29.00M | -130.00M |
| Total revenue | 15814.00M | 12457.00M | 12745.00M | 19228.00M | 14964.00M |
| Total operating expenses | 11058.00M | 2247.00M | 2084.00M | 1896.00M | 1781.00M |
| Cost of revenue | 2382.00M | 8119.00M | 8418.00M | 15560.00M | 11628.00M |
| Total other income expense net | -824.00M | -721.00M | -677.00M | -636.00M | -839.00M |
| Discontinued operations | - | - | - | - | 117.00M |
| Net income from continuing ops | 1462.00M | 1404.00M | 1397.00M | 1083.00M | 786.00M |
| Net income applicable to common shares | 1459.00M | 1401.00M | 1394.00M | 1083.00M | 907.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 54066.00M | 48846.00M | 44755.00M | 42683.00M | 39719.00M |
| Intangible assets | 188.00M | 144.00M | 156.00M | 166.00M | 177.00M |
| Other current assets | 1949.00M | 511.00M | 672.00M | 685.00M | 413.00M |
| Total liab | 41758.00M | 37142.00M | 33700.00M | 32282.00M | 31006.00M |
| Total stockholder equity | 12303.00M | 11699.00M | 11050.00M | 10397.00M | 8705.00M |
| Deferred long term liab | - | - | - | 4139.00M | 3482.00M |
| Other current liab | 1386.00M | 1335.00M | 1080.00M | -1124.00M | 975.00M |
| Common stock | 6858.00M | 6779.00M | 6713.00M | 6651.00M | 5379.00M |
| Capital stock | 6858.00M | 6779.00M | 6713.00M | 6651.00M | 5379.00M |
| Retained earnings | 5484.00M | 4946.00M | 4404.00M | 3808.00M | 3438.00M |
| Other liab | - | - | - | 10168.00M | 10055.00M |
| Good will | 1993.00M | 1993.00M | 1993.00M | 1993.00M | 1993.00M |
| Other assets | 9201.00M | 8478.00M | 7862.00M | 4897.00M | 6810.00M |
| Cash | 250.00M | 24.00M | 26.00M | 33.00M | 28.00M |
| Cash and equivalents | 208.00M | 24.00M | 26.00M | 33.00M | 28.00M |
| Total current liabilities | 5409.00M | 5106.00M | 5883.00M | 5173.00M | 6346.00M |
| Current deferred revenue | - | 20.00M | 380.00M | 2394.00M | 311.00M |
| Net debt | 26275.00M | 23217.00M | 20944.00M | 19207.00M | 18223.00M |
| Short term debt | 2270.00M | 2384.00M | 3442.00M | 2299.00M | 3646.00M |
| Short long term debt | 2238.00M | 2363.00M | 3425.00M | 2286.00M | 3632.00M |
| Short long term debt total | 26525.00M | 23241.00M | 20970.00M | 19240.00M | 18251.00M |
| Other stockholder equity | -39.00M | -26.00M | -67.00M | 7414.00M | 8.00M |
| Property plant equipment | 1216.00M | 997.00M | 896.00M | 28767.00M | 26944.00M |
| Total current assets | 4348.00M | 3607.00M | 3539.00M | 4180.00M | 3317.00M |
| Long term investments | 316.00M | 304.00M | 334.00M | 330.00M | 2452.00M |
| Net tangible assets | - | - | - | 10397.00M | 8705.00M |
| Short term investments | - | - | - | - | 187.00M |
| Net receivables | 2149.00M | 1827.00M | 1787.00M | 2182.00M | 1830.00M |
| Long term debt | 23771.00M | 20672.00M | 17407.00M | 16862.00M | 14531.00M |
| Inventory | 1375.00M | 1245.00M | 1054.00M | 942.00M | 858.00M |
| Accounts payable | 1753.00M | 1387.00M | 1361.00M | 1604.00M | 1414.00M |
| Noncontrolling interest in consolidated entity | - | - | - | 4.00M | 8.00M |
| Accumulated other comprehensive income | -39.00M | -26.00M | -67.00M | -62.00M | -112.00M |
| Common stock total equity | - | - | - | 6651.00M | 5379.00M |
| Retained earnings total equity | - | - | - | 3808.00M | 3438.00M |
| Non currrent assets other | 43125.00M | 11717.00M | 7783.00M | 4764.00M | 2250.00M |
| Non current assets total | 49718.00M | 45239.00M | 41216.00M | 38503.00M | 36402.00M |
| Capital lease obligations | 281.00M | 206.00M | 138.00M | 92.00M | 107.00M |
| Long term debt total | 23785.00M | 20690.00M | 17420.00M | 16873.00M | 14531.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -2.00M | -4951.00M | -3919.00M | -3431.00M | -63.00M |
| Change to liabilities | - | - | - | 77.00M | -199.00M |
| Total cashflows from investing activities | -5322.00M | -4951.00M | -4095.00M | -3431.00M | -3863.00M |
| Net borrowings | 2953.00M | 2178.00M | 1672.00M | 988.00M | 1294.00M |
| Total cash from financing activities | 2057.00M | 1345.00M | 883.00M | 1462.00M | 315.00M |
| Change to operating activities | - | - | - | -303.00M | 272.00M |
| Net income | 1459.00M | 1404.00M | 1397.00M | 1083.00M | 903.00M |
| Change in cash | 162.00M | 37.00M | 8.00M | 8.00M | -481.00M |
| Begin period cash flow | 88.00M | 51.00M | 43.00M | 35.00M | 516.00M |
| End period cash flow | 250.00M | 88.00M | 51.00M | 43.00M | 35.00M |
| Total cash from operating activities | 3427.00M | 3643.00M | 3220.00M | 1977.00M | 3067.00M |
| Issuance of capital stock | - | 0.00M | 0.00M | 1300.00M | 0.00M |
| Depreciation | 1908.00M | 1332.00M | 1254.00M | 1468.00M | 1459.00M |
| Other cashflows from investing activities | -712.00M | -453.00M | -137.00M | -3405.00M | -3800.00M |
| Dividends paid | 871.00M | 810.00M | 752.00M | -685.00M | -791.00M |
| Change to inventory | -127.00M | -191.00M | -110.00M | -98.00M | -153.00M |
| Change to account receivables | -316.00M | -40.00M | 398.00M | -352.00M | -146.00M |
| Sale purchase of stock | - | 0.00M | 0.00M | -55.00M | -66.00M |
| Other cashflows from financing activities | -25.00M | -23.00M | -37.00M | 2489.00M | -483.00M |
| Change to netincome | - | - | - | 33.00M | 316.00M |
| Capital expenditures | 4429.00M | 4467.00M | 3934.00M | 3378.00M | 3772.00M |
| Change receivables | - | - | - | -352.00M | -146.00M |
| Cash flows other operating | - | - | - | -234.00M | 887.00M |
| Cash and cash equivalents changes | - | - | - | 8.00M | -481.00M |
| Change in working capital | -219.00M | 328.00M | 65.00M | -751.00M | 398.00M |
| Stock based compensation | - | - | 48.00M | - | 375.00M |
| Other non cash items | -79.00M | 385.00M | 323.00M | 133.00M | -36.00M |
| Free cash flow | -1002.00M | -824.00M | -714.00M | -1401.00M | -705.00M |
Sector: Utilities Industry: Utilities - Regulated Electric
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| DTE DTE Energy Company |
1.02 0.73% |
140.71 | 20.41 | 19.05 | 1.89 | 2.47 | 3.57 | 12.69 |
| NEE Nextera Energy Inc |
0.43 0.51% |
86.42 | 18.34 | 18.80 | 5.89 | 2.98 | 9.67 | 15.69 |
| DUK Duke Energy Corporation |
0.81 0.63% |
129.59 | 20.24 | 18.76 | 3.08 | 1.92 | 5.88 | 11.11 |
| NGGTF National Grid plc |
- -% |
16.40 | 16.58 | 12.18 | 4.29 | 1.39 | 5.62 | 12.31 |
| SO Southern Company |
-0.67 0.71% |
93.17 | 25.35 | 17.76 | 2.89 | 2.48 | 5.27 | 13.35 |
DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.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 coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. 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 1849 and is based in Detroit, Michigan.
One Energy Plaza, Detroit, MI, United States, 48226-1221
313 235 4000
9650
| Name | Title | Year Born |
|---|---|---|
| Mr. Gerardo Norcia | CEO & Chairman | 1963 |
| Mr. David Ruud | Sr. VP & CFO | 1966 |
| Mr. Trevor F. Lauer | Pres & COO of DTE Electric Company | 1964 |
| Mr. Mark W. Stiers | Pres and COO of DTE Power & Industrial and Energy Trading | 1962 |
| Ms. Angela Buk | Chief Investment Officer | NA |
| Ms. Tracy J. Myrick | Chief Accounting Officer | 1977 |
| Mr. Steven B. Ambrose | Chief Information Officer and VP | NA |
| Ms. Barbara Tuckfield | Director - Investor Relations | NA |
| Ms. JoAnn Chavez | Sr. VP & Chief Legal Officer | 1964 |
| Ms. Paula Silver | Sr. VP of Corp. Communications & Public Affairs | NA |
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