How do you interpret power and industrial projects — property, plant, and equipment, net?

Growth indicates ongoing capital investment in industrial infrastructure.

DTE Energy DTE Power and Industrial Projects — Property, plant, and equipment, net

Discontinued — last reported Q1 '20

Similar metrics at other companies

MTZ

MTZPower Generation And Industrial — Total Assets

$570.5M+59.0%

FLRIndustrial Infrastructure And Power — Total Assets

$1.32B+23.6%

CLHIndustrialand Field Services — PP&E (Net)

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AESDO — PP&E (Net)

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FECorporate/Other — Property, Plant And Equipment, Net Including Assets Held-For-sale

$570M+8.0%

ENSMotive Power — Property, plant, and equipment, net

$110.75M-23.1%

Other financials

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

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Operating cash flow$906.0M-11.2%

CapEx$589.0M+57.1%

Free cash flow$317.0M-50.9%

Valuation

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Market cap$30.7B+6.0%

Enterprise value$53.9B+8.0%

P/E24.3×+5.4×

P/S1.9×-0.3×

Profitability

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Operating margin13.1%-3.0pp

Net margin7.7%-3.6pp

FCF margin15.2%-8.2pp

Returns & leverage

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Return on equity10.4%-2.9pp

Debt / equity1.9×+0.1×

Current ratio1×+0.1×

Where this comes from

Reported directly by DTE Energy in its filing.

Tagged under the XBRL concept us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment.

The official record: DTE Energy’s 10-K, filed February 19, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does power and industrial projects — property, plant, and equipment, net mean?: The current net value of the physical assets owned by the Power and Industrial Projects segment.
How do you interpret power and industrial projects — property, plant, and equipment, net?: Growth indicates ongoing capital investment in industrial infrastructure.
How does power and industrial projects — property, plant, and equipment, net compare across companies?: Standard asset base metric for capital-intensive utility and industrial segments.