dte energy co. - DTE

DTE

Close Chg Chg %
122.17 1.80 1.47%

Closed Market

123.96

+1.80 (1.47%)

Volume: 1.55M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: dte energy co. - DTE

DTE Key Data

Open

$122.14

Day Range

121.85 - 124.05

52 Week Range

102.17 - 131.67

Market Cap

$25.30B

Shares Outstanding

207.10M

Public Float

206.41M

Beta

0.69

Rev. Per Employee

N/A

P/E Ratio

16.55

EPS

$7.39

Yield

333.93%

Dividend

$1.02

EX-DIVIDEND DATE

Sep 16, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.55M

 

DTE Performance

1 Week
 
1.74%
 
1 Month
 
-3.47%
 
3 Months
 
-1.32%
 
1 Year
 
15.95%
 
5 Years
 
17.80%
 

DTE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
Full Ratings ➔

About dte energy co. - DTE

DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved 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 DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.

DTE At a Glance

DTE Energy Co.
One Energy Plaza
Detroit, Michigan 48226-1279
Phone 1-313-235-4000 Revenue 12.48B
Industry Electric Utilities Net Income 1.39B
Sector Utilities Employees 9,950
Fiscal Year-end 12 / 2024
View SEC Filings

DTE Valuation

P/E Current 16.549
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 16.294
Price to Sales Ratio 1.819
Price to Book Ratio 2.059
Price to Cash Flow Ratio 7.00
Enterprise Value to EBITDA 12.324
Enterprise Value to Sales 3.495
Total Debt to Enterprise Value 0.481

DTE Efficiency

Revenue/Employee 1,254,673.367
Income Per Employee 140,100.503
Receivables Turnover 6.986
Total Asset Turnover 0.286

DTE Liquidity

Current Ratio 0.602
Quick Ratio 0.422
Cash Ratio 0.009

DTE Profitability

Gross Margin 18.728
Operating Margin 15.027
Pretax Margin 12.544
Net Margin 11.166
Return on Assets 3.189
Return on Equity 12.999
Return on Total Capital 4.354
Return on Invested Capital 4.986

DTE Capital Structure

Total Debt to Total Equity 189.774
Total Debt to Total Capital 65.49
Total Debt to Total Assets 46.855
Long-Term Debt to Equity 158.624
Long-Term Debt to Total Capital 54.741
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Dte Energy Co. - DTE

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
12.28B 15.06B 19.23B 12.48B
Sales Growth
-2.61% +22.63% +27.67% -35.07%
Cost of Goods Sold (COGS) incl D&A
9.77B 12.92B 16.92B 10.15B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.48B 1.44B 1.51B 1.67B
Depreciation
1.16B 1.15B 1.19B 1.30B
Amortization of Intangibles
323.00M 282.00M 320.00M 367.00M
COGS Growth
-7.24% +32.25% +31.00% -40.04%
Gross Income
2.51B 2.14B 2.31B 2.34B
Gross Income Growth
+20.81% -14.76% +7.61% +1.39%
Gross Profit Margin
+20.47% +14.23% +11.99% +18.73%
2020 2021 2022 2023 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
410.00M 431.00M 457.00M 462.00M
Unusual Expense
115.00M 1.05B 417.00M (1.15B)
EBIT after Unusual Expense
1.99B 662.00M 1.43B 3.02B
Non Operating Income/Expense
269.00M 624.00M 355.00M (664.00M)
Non-Operating Interest Income
38.00M 22.00M 46.00M 74.00M
Equity in Earnings of Affiliates
132.00M 38.00M (14.00M) 3.00M
Interest Expense
720.00M 630.00M 675.00M 791.00M
Interest Expense Growth
+12.32% -12.50% +7.14% +17.19%
Gross Interest Expense
767.00M 669.00M 717.00M 853.00M
Interest Capitalized
47.00M 39.00M 42.00M 62.00M
Pretax Income
1.54B 656.00M 1.11B 1.57B
Pretax Income Growth
+16.16% -57.35% +69.51% +40.83%
Pretax Margin
+12.52% +4.36% +5.78% +12.54%
Income Tax
167.00M (130.00M) 29.00M 169.00M
Income Tax - Current - Domestic
(240.00M) (45.00M) (15.00M) (12.00M)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
407.00M (85.00M) 44.00M 181.00M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
132.00M 38.00M (14.00M) 3.00M
Other After Tax Income (Expense)
(2.00M) (2.00M) (3.00M) (3.00M)
Consolidated Net Income
1.37B 784.00M 1.08B 1.39B
Minority Interest Expense
- - 3.00M (10.00M)
-
Net Income
1.37B 794.00M 1.08B 1.39B
Net Income Growth
+17.05% -41.87% +36.02% +29.07%
Net Margin Growth
+11.12% +5.27% +5.62% +11.17%
Extraordinaries & Discontinued Operations
- - - 111.00M
-
Discontinued Operations
- - - 111.00M
-
Net Income After Extraordinaries
1.37B 905.00M 1.08B 1.39B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.37B 905.00M 1.08B 1.39B
EPS (Basic)
7.0777 4.6891 5.5385 6.767
EPS (Basic) Growth
+12.20% -33.75% +18.11% +22.18%
Basic Shares Outstanding
193.00M 193.00M 195.00M 206.00M
EPS (Diluted)
7.0777 4.665 5.5102 6.767
EPS (Diluted) Growth
+12.20% -34.09% +18.12% +22.81%
Diluted Shares Outstanding
193.00M 194.00M 196.00M 206.00M
EBITDA
3.58B 3.15B 3.36B 3.54B
EBITDA Growth
+19.87% -12.19% +6.74% +5.42%
EBITDA Margin
+29.19% +20.90% +17.47% +28.36%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 137.567
Number of Ratings 21 Current Quarters Estimate 1.614
FY Report Date 12 / 2024 Current Year's Estimate 6.74
Last Quarter’s Earnings 2.22 Median PE on CY Estimate N/A
Year Ago Earnings 5.73 Next Fiscal Year Estimate 7.203
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 12 7 18 18
Mean Estimate 1.61 1.90 6.74 7.20
High Estimates 2.20 2.19 6.84 7.44
Low Estimate 1.38 1.56 6.65 7.15
Coefficient of Variance 14.69 11.37 0.85 0.89

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 10
OVERWEIGHT 1 1 1
HOLD 9 10 7
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Dte Energy Co. - DTE

Date Name Shares Transaction Value
Jul 3, 2024 David Allen Brandon Director 14,426 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Gary H. Torgow Director 4,876 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 7, 2024 Trevor F. Lauer Vice Chairman & Group Pres. 608 Bona fide gift 0.00
Jun 7, 2024 Trevor F. Lauer Vice Chairman & Group Pres. 608 Bona fide gift 0.00
Jun 7, 2024 Trevor F. Lauer Vice Chairman & Group Pres. 58,875 Bona fide gift 0.00
Jun 7, 2024 Trevor F. Lauer Vice Chairman & Group Pres. 59,475 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $115.07 per share 6,843,788.25
Jun 5, 2024 Lisa A. Muschong VP, Corp Sec & Chief of Staff 4,271 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $116.61 per share 498,041.31
May 7, 2024 Gail J. McGovern Director 1,333 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 7, 2024 Gail J. McGovern Director N/A Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $112.75 per share 0.00
May 7, 2024 Gail J. McGovern Director 50,041 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 7, 2024 James H. Vandenberghe Director 3,333 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 7, 2024 James H. Vandenberghe Director 2,000 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $112.75 per share 225,500.00
May 7, 2024 James H. Vandenberghe Director 1,430 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 6, 2024 David A. Thomas Director 4,386 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 6, 2024 Deborah L. Byers Director 1,430 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 6, 2024 JoAnn Chavez Sr VP & Chief Legal Officer 13,667 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $111.52 per share 1,524,143.84
May 6, 2024 Nicholas K. Akins Director 1,430 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 6, 2024 Charles G. McClure Director 4,386 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 6, 2024 Mark A. Murray Director 4,386 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 6, 2024 Robert C. Skaggs Director 10,911 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Dte Energy Co. in the News