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DTE Energy DTE Operating margin

Operating margin at other companies

CMS
CMS EnergyCMS
19.5%-0.6pp
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WEC Energy GroupWEC
22.7%-2.4pp
Exelon logo
ExelonEXC
21%+1.0pp
Entergy logo
EntergyETR
27.1%+8.4pp
Eversource Energy logo
Eversource EnergyES
22.5%+2.9pp
CNP
CenterPoint EnergyCNP
22.5%-0.1pp

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-50.8%

Valuation

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Market cap$30.62B+6.0%
Enterprise value$53.83B+8.0%
P/E24.2×+5.4×
P/S1.9×-0.3×

Profitability

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Net margin7.7%-3.6pp

Returns & leverage

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

Where this comes from

Calculated from DTE Energy’s reported figures.

Based on trailing twelve months.

The official record: DTE Energy’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DTE Energy's operating margin?
DTE Energy (DTE) reported operating margin of 13.1% in Q1 2026.
How has DTE Energy's operating margin changed year-over-year?
DTE Energy's operating margin decreased by 18.7% year-over-year, from 16.1% to 13.1%.
What is the long-term trend for DTE Energy's operating margin?
Over 4 years (2021 to 2025), DTE Energy's operating margin has grown at a 7.7% compound annual growth rate (CAGR), from 45.4% to 61.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.