DTE Energy Co. operates as a diversified energy company, which engages in the provision of electricity and natural gas sales, distribution and storage services. It operates through the following segments: Electric, Gas, Non-Utility Operations, and Corporate & Other. The Electric segment engages in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in south-eastern Michigan. The Gas segment engages in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan and the sale of storage and transportation capacity. The Non-Utility Operations segment engages in gas storage and pipelines, power and industrial projects, and energy trading. The Corporate & Other includes various holding company activities, holds certain non-utility debt, and holds energy-related investments. The company was founded in January 1995 and is headquartered in Detroit, MI.
Highlights
DTE's gross margin is up by 29% YoY and by 7% QoQ
The equity has grown by 13% YoY
DTE's quick ratio is up by 14% YoY but it is down by 12% QoQ
Dte Energy's debt has increased by 26% YoY and by 2% from the previous quarter
The revenue has contracted by 13% YoY and by 2.5% from the previous quarter
Key stats
What are the main financial stats of DTE
Market
Shares outstanding
192.65M
Market cap
$22.76B
Enterprise value
$41.22B
Valuations
Price to earnings (P/E)
18.64
Price to book (P/B)
1.94
Price to sales (P/S)
1.91
EV/EBIT
20.37
EV/EBITDA
12.16
EV/Sales
3.47
Earnings
Revenue
$11.87B
EBIT
$2.02B
EBITDA
$3.39B
Free cash flow
-$657M
Per share
EPS
$6.34
Free cash flow per share
-$3.42
Book value per share
$60.87
Revenue per share
$61.83
TBVPS
$202.57
Balance sheet
Total assets
$43.74B
Total liabilities
$31.85B
Debt
$19.08B
Equity
$11.72B
Working capital
-$699M
Liquidity
Debt to equity
1.63
Current ratio
0.83
Quick ratio
0.5
Net debt/EBITDA
5.45
Margins
EBITDA margin
28.5%
Gross margin
30.3%
Net margin
10.1%
Operating margin
15%
Efficiency
Return on assets
2.9%
Return on equity
10.5%
Return on invested capital
4%
Return on capital employed
5.1%
Return on sales
17%
Dividend
Dividend yield
3.37%
DPS
$3.98
Payout ratio
62.8%
DTE stock price
How has the Dte Energy stock price performed over time
Financial performance
How have Dte Energy's revenue and profit performed over time
Revenue
$11.87B
Gross profit
$3.6B
Operating income
$1.78B
Net income
$1.2B
Gross margin
30.3%
Net margin
10.1%
DTE's gross margin is up by 29% YoY and by 7% QoQ
DTE's operating margin is up by 28% YoY and by 6% QoQ
Dte Energy's net margin has increased by 25% YoY and by 11% from the previous quarter
The revenue has contracted by 13% YoY and by 2.5% from the previous quarter
Valuation
What is Dte Energy stock price valuation
P/E
18.64
P/B
1.94
P/S
1.91
EV/EBIT
20.37
EV/EBITDA
12.16
EV/Sales
3.47
The EPS has grown by 8% from the previous quarter and by 4.3% YoY
The equity has grown by 13% YoY
DTE's price to book (P/B) is 2.1% more than its 5-year quarterly average of 1.9 and 2.1% more than its last 4 quarters average of 1.9
The price to sales (P/S) is 19% more than the 5-year quarterly average of 1.6 and 12% more than the last 4 quarters average of 1.7
The revenue has contracted by 13% YoY and by 2.5% from the previous quarter
Efficiency
How efficient is Dte Energy business performance
The ROS has grown by 30% YoY and by 8% from the previous quarter
The return on assets has declined by 7% year-on-year but it has increased by 3.6% since the previous quarter
DTE's return on equity is up by 6% since the previous quarter
DTE's return on invested capital is up by 2.6% since the previous quarter but it is down by 2.4% year-on-year
Dividends
What is DTE's dividend history
DPS
$3.98
Dividend yield
3.37%
Payout ratio
62.8%
Recent dividends
Financial health
How did Dte Energy financials performed over time
DTE's total assets is 37% higher than its total liabilities
DTE's quick ratio is up by 14% YoY but it is down by 12% QoQ
Dte Energy's current ratio has increased by 11% YoY but it has decreased by 7% from the previous quarter
Dte Energy's debt is 63% more than its equity
Dte Energy's debt has increased by 26% YoY and by 2% from the previous quarter
The debt to equity has grown by 12% YoY and by 3.2% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.