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DTE Energy

DTE

DTE Energy is a diversified energy company that operates regulated electric and natural gas utilities alongside non-utility energy businesses.

Market cap
$31.49B+15.0%
Revenue$16.5B+20.9%
Net income$1.3B-17.7%
Free cash flow$2.5B-21.3%
EPS (diluted)$6.07-18.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$3.6B
EPS estimate$1.51

Financials

Q1 2026

Income statement

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Revenue$5.1B+15.8%
Operating income$412.0M-34.0%
Net income$247.0M-44.5%
EPS (diluted)$1.19-44.4%

Balance sheet

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Cash & equivalents$238.0M+621%
Total debt$23.4B+11.7%
Total equity$12.3B+3.4%
Total assets$55.1B+11.2%

Cash flow

See full
Operating cash flow$906.0M-11.2%
CapEx$589.0M+57.1%
Free cash flow$317.0M-50.9%

Valuation & ratios

Valuation

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Market cap$31.49B+15.0%
Enterprise value$54.7B+10.3%
P/E24.9×+5.9×
P/S1.9×0.0×

Profitability

See full
Operating margin13.1%-3.0pp
Net margin7.7%-3.6pp
FCF margin15.2%-8.2pp

Returns & leverage

See full
Return on equity10.4%-2.9pp
Debt / equity1.9×+0.1×
Current ratio+0.1×

Competitors

Profile

DTE Energy is a diversified energy company that operates regulated electric and natural gas utilities alongside non-utility energy businesses. The company provides essential electricity and gas sales, distribution, and storage services primarily in Michigan while pursuing a long-term transition toward cleaner energy generation and net-zero carbon emissions. Its value proposition centers on achieving long-term earnings growth through significant infrastructure investment, grid modernization, and a disciplined expansion of its non-utility energy services.

Competitive position

DTE Energy is a leading regulated utility provider in Michigan with a significant and growing non-utility energy services footprint across the United States.

GeographiesUnited States, Michigan
Customer segmentsResidential, Commercial, Industrial
Business modelRegulated Utility, Infrastructure Investment, Energy Services
SuppliersNatural gas suppliers, Renewable energy equipment manufacturers, Coal suppliers, Power plant technology providers
CustomersResidential households, Manufacturing facilities, Commercial businesses, Municipalities
Listed1949
Employees10.0K
CEOJoi Harris
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is DTE Energy's market cap?
DTE Energy (DTE) has a market capitalization of $31.5B and trades on NYSE.
What is DTE Energy's revenue and profitability?
DTE Energy generated $16.5B in trailing twelve-month revenue with net income of $1.3B, representing a net margin of 7.7%, with free cash flow of $2.5B. These figures are based on the Q1 2026 filing.
Who are DTE Energy's competitors?
DTE Energy's key competitors include CMS Energy, DT Midstream, Entergy Corporation, and others. These companies compete in similar markets and product categories.
Who does DTE Energy partner with?
DTE Energy's notable partners include Michigan Public Service Commission.
What subsidiaries does DTE Energy have?
DTE Energy's subsidiaries include DTE Electric, DTE Gas, DTE Vantage.
Where is DTE Energy headquartered?
DTE Energy is headquartered in United States of America and employs approximately 9,950 people. It has been publicly traded since 1949.