DTE Energy Co Pref Series E (DTW) AI Stock Analysis
DTW AI stock analysis summary
AI ResearchDTE Energy Co Pref Series E (DTW) operates regulated electric and gas utility businesses alongside energy projects in Michigan. In FY2025, the company generated $15.81B in revenue and $1.46B in net income. As of October 16, 2026, the stock closed at $18.36 with a market capitalization of $3.89B and a trailing P/E of 3.0x.
- Market cap
- $3.89B
- Revenue (TTM)
- $0
- P/E
- 3.0x
- 1Y return
- -12.2% S&P 500 16.8%
- Avg. target
- —
Bull case
- Revenue recovered sharply in FY2025, growing 26.9% to reach $15.81B.
- Gross margin expanded to 84.9% in FY2025, supporting net income of $1.46B.
- The company demonstrated consistent operational execution by beating analyst EPS estimates in 4 of the last 4 quarters.
Bear case
- Free cash flow remained negative in FY2025 at -$1.00B due to heavy capital expenditures of $4.43B.
- Balance sheet leverage is elevated with total debt of $27.84B and a debt-to-equity ratio of 2.29 as of June 30, 2026.
- DTW shares fell 12.2% over the trailing one-year period, substantially trailing the S&P 500 return of 16.8%.
What DTE Energy Co Pref Series E does
DTE Energy Company operates utility businesses. Its Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million customers in southeastern Michigan, utilizing fossil-fuel, hydroelectric pumped storage, nuclear, wind, and other renewable assets, operating 692 distribution substations and 440,500 line transformers. The Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million customers in Michigan across 19,500 miles of distribution mains. The Gas Storage and Pipelines segment manages storage fields and lateral gathering pipeline systems, while Power and Industrial Projects provides metallurgical coke, coal, steam, and industrial water services.
Growth and profitability
Revenue in FY2021 was $14.96B (up 31.0%), rising to $19.23B in FY2022 (up 28.5%). Revenue contracted by 33.7% in FY2023 to $12.74B and fell 2.3% in FY2024 to $12.46B, before rebounding 26.9% to $15.81B in FY2025. Gross margin expanded from 22.3% in FY2021 to 84.9% in FY2025. Operating margin was 15.0% in FY2025, compared to 10.0% in FY2021 and 16.8% in FY2024. Net income reached $1.46B in FY2025 with a net margin of 9.2%, up from $907.0M in FY2021. For the trailing twelve months ending June 30, 2026, revenue was $0 with an operating margin of 0.0% and EPS of $0.00.
Balance sheet and cash flow
As of June 30, 2026, cash and short-term investments stood at $84.0M against total debt of $27.84B, yielding net debt of $27.76B and a debt-to-equity ratio of 2.29. Total assets were $56.23B, shareholders' equity was $12.15B, and the current ratio was 0.76. In FY2025, operating cash flow reached $3.43B, while capital expenditures totaled $4.43B, resulting in free cash flow of -$1.00B. During FY2025, the company paid $871.0M in dividends, and share count changed 5.4% over 5 years.
Valuation and performance
DTW had a market capitalization of $3.89B and an enterprise value of $0 as of October 16, 2026. The stock traded at a trailing P/E of 3.0x, significantly below the 21.6x median of its US-listed Real Estate peers. Over the past year, DTW shares delivered a return of -12.2%, lagging the S&P 500 (SPY) return of 16.8%. Over a 5-year period, the stock returned -6.3% compared to an 83.0% gain for the S&P 500. The last close of $18.36 stood 9.6% below its 200-day average.
What analysts expect
The company beat analyst EPS estimates in 4 of the last 4 quarters. Additional analyst coverage metrics, including buy or sell ratings, consensus price targets, and forward earnings projections, are not reported. As of October 16, 2026, the stock closed at $18.36, which is within its 52-week range of $17.66 to $22.61, and stands 9.6% below its 200-day average.
Key risks and what to watch
- The current ratio of 0.76 and cash reserves of $84.0M indicate tight short-term liquidity relative to total debt of $27.84B.
- Capital expenditure requirements of $4.43B in FY2025 continue to weigh on free cash flow, which was -$1.00B.
- The stock trades 9.6% below its 200-day average as of October 16, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this DTW AI stock analysis
This page is an AI-written research summary of DTE Energy Co Pref Series E (DTW). 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: DTW income statement, DTW balance sheet, DTW key metrics, DTW chart. See the DTW stock overview for the latest quote and news.
DTW AI stock analysis FAQ
What was DTW's revenue and earnings performance in FY2025?
DTW generated $15.81B in revenue in FY2025, representing an increase of 26.9%. Net income for the fiscal year reached $1.46B with a net margin of 9.2%.
How much debt does the company have?
As of June 30, 2026, total debt was $27.84B against cash and short-term investments of $84.0M, resulting in net debt of $27.76B and a debt-to-equity ratio of 2.29.
What is DTW's valuation relative to peers?
DTW traded at a trailing P/E of 3.0x as of October 16, 2026, compared to the 21.6x trailing P/E median of its US-listed Real Estate peers.
How has the stock performed compared to the S&P 500?
Over the trailing 1-year period, DTW returned -12.2% while the S&P 500 gained 16.8%. Over 5 years, DTW returned -6.3% compared to an 83.0% return for the index.