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 quick ratio has soared by 71% YoY and by 44% QoQ
DTE's gross margin is up by 27% YoY and by 3.6% QoQ
Dte Energy's debt has increased by 24% YoY and by 3.9% from the previous quarter
The revenue has contracted by 9% YoY
Key stats
What are the main financial stats of DTE
Market
Shares outstanding
193.56M
Market cap
$23.89B
Enterprise value
$42.75B
Valuations
Price to earnings (P/E)
17.46
Price to book (P/B)
1.93
Price to sales (P/S)
1.98
EV/EBIT
19.32
EV/EBITDA
11.84
EV/Sales
3.55
Earnings
Revenue
$12.04B
EBIT
$2.21B
EBITDA
$3.61B
Free cash flow
-$190M
Per share
EPS
$7.07
Free cash flow per share
-$0.98
Book value per share
$63.97
Revenue per share
$62.37
TBVPS
$205.26
Balance sheet
Total assets
$44.44B
Total liabilities
$31.95B
Debt
$19.82B
Equity
$12.32B
Working capital
$404M
Liquidity
Debt to equity
1.61
Current ratio
1.12
Quick ratio
0.72
Net debt/EBITDA
5.22
Margins
EBITDA margin
30%
Gross margin
31.4%
Net margin
11.3%
Operating margin
16.1%
Efficiency
Return on assets
3.1%
Return on equity
11.4%
Return on invested capital
4.2%
Return on capital employed
5.4%
Return on sales
18.4%
Dividend
Dividend yield
3.23%
DPS
$3.98
Payout ratio
56.4%
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
$12.04B
Gross profit
$3.78B
Operating income
$1.94B
Net income
$1.36B
Gross margin
31.4%
Net margin
11.3%
Dte Energy's net margin has increased by 38% YoY and by 12% from the previous quarter
DTE's operating margin is up by 32% YoY and by 7% QoQ
DTE's gross margin is up by 27% YoY and by 3.6% QoQ
Dte Energy's net income has increased by 24% YoY and by 13% from the previous quarter
Growth
What is Dte Energy's growth rate over time
Valuation
What is Dte Energy stock price valuation
P/E
17.46
P/B
1.93
P/S
1.98
EV/EBIT
19.32
EV/EBITDA
11.84
EV/Sales
3.55
The EPS has grown by 18% YoY and by 12% from the previous quarter
The stock's price to earnings (P/E) is 9% less than its 5-year quarterly average of 19.1
The equity has grown by 15% YoY and by 5% from the previous quarter
DTE's price to book (P/B) is 7% more than its last 4 quarters average of 1.8 but 3.5% less than its 5-year quarterly average of 2.0
The price to sales (P/S) is 24% more than the 5-year quarterly average of 1.6 and 16% more than the last 4 quarters average of 1.7
The revenue has contracted by 9% YoY
Efficiency
How efficient is Dte Energy business performance
The ROS has grown by 35% YoY and by 8% from the previous quarter
DTE's return on equity is up by 10% year-on-year and by 9% since the previous quarter
The return on assets has increased by 7% since the previous quarter and by 3.3% year-on-year
DTE's return on invested capital is up by 5% since the previous quarter and by 5% year-on-year
Dividends
What is DTE's dividend history
DPS
$3.98
Dividend yield
3.23%
Payout ratio
56.4%
Recent dividends
Financial health
How did Dte Energy financials performed over time
DTE's total assets is 39% higher than its total liabilities
DTE's quick ratio has soared by 71% YoY and by 44% QoQ
Dte Energy's current ratio has increased by 45% YoY and by 35% from the previous quarter
Dte Energy's debt is 61% more than its equity
Dte Energy's debt has increased by 24% YoY and by 3.9% from the previous quarter
The equity has grown by 15% YoY and by 5% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.