DTE Energy Company (DTE) AI Stock Analysis

DTE Energy Company delivers essential energy services in Michigan, serving roughly 2.3 million electric customers and 1.3 million natural gas customers in the southeastern region. Its Electric segment produces and distributes electricity using fossil-fuel, hydroelectric pumped storage, nuclear, wind, and other renewable facilities, utilizing 698 distribution substations and 449,800 line transformers. The Gas segment purchases, transports, stores, and distributes natural gas across 20,000 miles of distribution mains and 2,000 miles of transmission pipelines. The Power and Industrial Projects segment provides power, steam, chilled water, and industrial fuels, while the Energy Trading segment markets and trades power, gas, and environmental commodities.

Over the 5 years from FY2020 to FY2025, DTE Energy achieved a revenue CAGR of 6.7%. Annual revenue shifted from $14.96B in FY2021 to $19.23B in FY2022, contracted to $12.74B in FY2023, and increased 26.9% to $15.81B in FY2025. Over the same period, net income expanded from $907.0M in FY2021 to $1.46B in FY2025, with EPS climbing from $6.91 to $7.36. For the trailing twelve months ended June 30, 2026, revenue was $16.47B with an operating margin of 13.6% and a net profit margin of 8.0%. In the latest quarter, revenue declined 1.5% year-over-year, while quarterly earnings grew 22.4%.

As of June 30, 2026, DTE Energy held $84.0M in cash and short-term investments against total debt of $27.84B, resulting in net debt of $27.76B. The debt-to-equity ratio stood at 2.29, supported by $12.15B in shareholders' equity, while the current ratio was 0.76. In FY2025, operating cash flow generated $3.43B, which was outpaced by capital expenditures of $4.43B, leading to free cash flow of -$1.00B. Cash outlays included $871.0M in dividends paid, while the 5-year share count increased 5.4%.

At $129.73 per share, DTE Energy has a market capitalization of $27.00B and an enterprise value of $53.37B. Its trailing P/E of 20.6x and forward P/E of 15.6x compare to medians of 21.0x and 16.0x for its S&P 500 Utilities peers. The enterprise value trades at 12.5x EBITDA, slightly above the peer median of 12.2x. Over the past year, DTE returned -5.2%, underperforming the 16.8% return of the S&P 500. Its 5-year return of 33.1% also lagged the index return of 83.0%.

DTE Energy has paid consecutive dividends for 57 years and currently features an annualized forward payout of $4.66 per share, yielding 3.59%. Dividends are distributed on a quarterly frequency with a payout ratio of 65.0%. Over the trailing 5-year period, dividend growth annualized at 4.8%, and the company's most recent ex-dividend date was September 21, 2026.

Wall Street coverage includes 9 Strong Buy, 1 Buy, and 7 Hold recommendations, with no Sell ratings. The average analyst price target is $150.18, representing a 15.8% upside relative to the closing price of $129.73. For the fiscal year ending December 31, 2026, consensus expectations anticipate EPS of $7.71 on revenue of $16.07B. For the following fiscal year, 16 analysts project EPS of $8.36 on revenue of $16.61B. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 5, 2026.

This page is an AI-written research summary of DTE Energy Company (DTE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: DTE income statement, DTE balance sheet, DTE key metrics, DTE analyst forecast, DTE chart. See the DTE stock overview for the latest quote and news.