Pulling SEC filings + quote and writing the call…

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
Steady regulated-utility compounder with reliable earnings growth, but heavy debt load and a clouded quoted valuation argue for hold, not chase.
Diluted EPS $7.03 · FY2025
Middling fundamentals offset by an attractive price (~959% below fair value) — worth a look on the value angle.
DTE Energy is a Michigan-centric regulated electric and gas utility (2025 operating revenues ~$15.8B per the MD&A) with the defensive profile investors buy utilities for: dependable, slowly rising earnings. Net income has climbed every year from $907M (FY2021) to $1.46B (FY2025), with diluted EPS reaching $7.03 (+3.8% YoY) and operating income up 13.5% to $2.37B. Operating margin (18.8%) and net margin (11.6%) are typical for a rate-regulated utility, and ROE of 11.9% is solid for the sector. The MD&A frames the growth driver clearly: a long runway of grid-modernization and clean-energy capital investment, supported by Michigan's constructive regulatory environment, with future data-center load, EV adoption, and storm hardening cited as demand tailwinds. Operating cash flow of $3.41B comfortably covers the $871M dividend (+7.5%).
| 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.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Sources: SEC EDGAR (CIK 0000936340, latest 10-Q filed 2026-04-30) · EODHD · analysis by claude-code · as of 6/21/2026, 7:06:09 PM.
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Last 90 days: 0 open-market buys · 1 sale
| 2026-05-14 | Muschong Lisa A. VP, Corp Sec & Chief of Staff | Sell | 1.00K @ $143.72 | $144K |
| 2026-05-08 | MCGOVERN GAIL J Director | Exercise | 1.22K | |
| 2026-05-08 | MCGOVERN GAIL J Director | Disposed (D) | 1.22K @ $140.60 | $171K |
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
1043 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.