DTB
DTE ENERGY CO
Next earnings Jul 27, 2026 (before open) · consensus $1.54 EPS, $3.50B rev
Last earnings +0.1% on 2026-05-01
$16.85
▼ -0.59%$16.85▲ +3.94%
over 1Y
L $16.21EODHDH $18.21
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-0.6%
1W-0.5%
1M-0.4%
3M+2.6%
YTD-0.8%
1Y+3.9%
Hold
Conviction
Horizon
Long (>12mo)
Street · 24 analysts
Buy
Steady regulated utility compounding EPS on heavy capex, but high leverage and an unusable price feed cap conviction.
Diluted EPS $7.03 · FY2025
The read
Middling fundamentals offset by an attractive price (~966% below fair value) — worth a look on the value angle.
DTE Energy is a Michigan-centric regulated electric and gas utility (with two non-utility segments) executing a textbook rate-base growth playbook. The numbers show dependable, low-volatility progress: net income has climbed from $907M (FY2021) to $1.46B (FY2025), with FY2025 net income +4.1% YoY and diluted EPS rising to $7.03 from $6.77. Operating income grew 13.5% to $2.37B and operating margin sits at a healthy 18.8%, with an 11.9% ROE. The MD&A confirms the growth driver is constructive Michigan regulation plus a long runway of grid investment tied to storm hardening, EV adoption, future data-center load, and a state-mandated clean-energy transition (coal exit by 2032, 100% clean portfolio by 2040). This is the kind of visible, regulator-backed earnings growth that justifies owning a utility for income and stability.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | $1.50B | $1.75B | $2.24B | $2.09B | $2.37B |
| Net income | $907M | $1.08B | $1.40B | $1.40B | $1.46B |
| Diluted EPS | $4.67 | $5.52 | $6.76 | $6.77 | $7.03 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$29.5B
EV / EBITDA7.0
EV / Sales2.3
EV / FCF—
P / FCF—
PEG (trailing)0.58
Earnings yield41.8%
FCF yield—
Quality & risk
ROIC (est.)4.9%
Free cash flow—
Total debt$26.2B
Net cash-$26.0B
Piotroski F-Score5/8
Capital returns
Buyback yield0.0%
Dividend yield (est.)24.9%
Shareholder yield24.9%
Shares Δ YoY+0.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗11-KPeriod ending 2025-12-312026-06-23open ↗8-KPeriod ending 2026-06-222026-06-22open ↗8-KPeriod ending 2026-06-182026-06-18open ↗424B2Filing2026-06-10open ↗FWPFiling2026-06-09open ↗424B5Filing2026-06-09open ↗8-KPeriod ending 2026-06-052026-06-05open ↗8-KPeriod ending 2026-05-152026-05-15open ↗4Period ending 2026-05-142026-05-15open ↗144Filing2026-05-14open ↗SCHEDULE 13GFiling2026-05-14open ↗8-KPeriod ending 2026-05-072026-05-12open ↗
Frequently asked
- Is DTE ENERGY CO (DTB) a buy?
- DTB currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Steady regulated utility compounding EPS on heavy capex, but high leverage and an unusable price feed cap conviction.
- What is DTB's fair value?
- A Modified-Graham model based on DTB's SEC fundamentals estimates a fair value of about $179.60. It is an estimate from reported earnings, not a price target.
- Is DTB overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, DTB currently appears undervalued relative to its SEC-grounded earnings power.
- What is DTE ENERGY CO's quality score?
- DTB scores 78.8627450980392/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000936340, latest 10-Q filed 2026-04-30) · EODHD · analysis by claude-code · as of 6/21/2026, 7:06:13 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.