DTW
DTE ENERGY CO
Next earnings Jul 27, 2026 (before open) · consensus $1.54 EPS, $3.50B rev
Last earnings -0.0% on 2026-05-01
$20.52
▼ -1.01%$20.52▲ +2.87%
over 1Y
L $19.79EODHDH $22.12
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-1.0%
1W-1.7%
1M-3.0%
3M-1.3%
YTD-1.3%
1Y+2.9%
Hold
Conviction
Horizon
Long (>12mo)
Street · 24 analysts
Buy
Solid regulated utility growing earnings and dividends, but rising debt, clean-energy capex burden, and a P/E that screens implausibly low warrant caution.
Diluted EPS $7.03 · FY2025
The read
Middling fundamentals offset by an attractive price (~775% below fair value) — worth a look on the value angle.
On the operating numbers, DTE looks like a textbook regulated utility: FY2025 net income of $1.46B (+4.1% YoY) on operating income of $2.37B (+13.5%), diluted EPS of $7.03 (+3.8%), and a growing dividend ($871M paid, +7.5%). ROE of 11.9% and an 18.8% operating margin are middling-but-stable for an electric/gas utility, and the MD&A frames a 'constructive regulatory environment' in Michigan with long-term capex opportunities from grid hardening, EV adoption, future data-center load, and the state-mandated 100% clean-energy portfolio by 2040.
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$30.2B
EV / EBITDA7.2
EV / Sales2.4
EV / FCF—
P / FCF—
PEG (trailing)0.71
Earnings yield34.3%
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.)20.4%
Shareholder yield20.4%
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 + reportsRecent disclosure tone has been improving.
- 8-K Reg FD disclosure2026-06-22
Reg FD investor presentation; routine disclosure with no material new financial information
- 8-K Other event2026-06-18
Other event disclosure, likely debt offering or financing update for utility capex program
- 8-K Reg FD disclosure2026-06-05
Reg FD investor materials shared, reaffirming strategy and capex plans
- 8-K Reg FD disclosure2026-05-15
Reg FD investor presentation update; no material financial change disclosed
- 8-K Shareholder vote2026-05-12
Annual meeting vote results: directors elected, routine shareholder proposals decided
- 8-K Earnings results2026-05-01
Q1 2026 earnings release; EPS growth continues backed by Electric/Gas segment strength
- 10-Q Quarterly report2026-04-30
Q1 2026 10-Q confirms rate-base growth and capex execution; long-term debt rising
- DEF 14A Proxy statement2026-03-12
2026 proxy: routine director slate, exec comp and auditor ratification proposals
- 10-K Annual report2026-02-17
FY25 EPS $7.03 (+3.8%), NI $1.46B; $25.3B LT debt funds clean-energy transition capex
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 (DTW) a buy?
- DTW currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Solid regulated utility growing earnings and dividends, but rising debt, clean-energy capex burden, and a P/E that screens implausibly low warrant caution.
- What is DTW's fair value?
- A Modified-Graham model based on DTW's SEC fundamentals estimates a fair value of about $179.60. It is an estimate from reported earnings, not a price target.
- Is DTW overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, DTW currently appears undervalued relative to its SEC-grounded earnings power.
- What is DTE ENERGY CO's quality score?
- DTW 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 6/25/2026, 1:12:37 PM.
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