DTE Energy Co

Chart & Performance

D1W1MN

P/E

2.73

P/S

0.30

EPS

6.75

Div Yield, %

19.71%

Shrs. gr., 5y

2.62%

Rev. gr., 5y

-2.16%

Revenues

12.75b

-33.72%

Net income

1.40b

+28.99%

CFO

3.22b

+62.87%

Earnings

Feb 06, 2025

Profile

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.

URL

https://ir.dteenergy.com/

IPO date

Nov 16, 1949

Employees

10,102

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	12,745,000 -33.72%	19,228,000 28.50%	14,964,000 22.89%
Cost of revenue	8,427,000	15,561,000	11,645,000
Unusual Expense (Income)
NOPBT	4,318,000	3,667,000	3,319,000
NOPBT Margin	33.88%	19.07%	22.18%
Operating Taxes	169,000	29,000	(130,000)
Tax Rate	3.91%	0.79%
NOPAT	4,149,000	3,638,000	3,449,000
Net income	1,397,000 28.99%	1,083,000 19.40%	907,000 -33.70%
Dividends	(752,000)	(685,000)	(791,000)
Dividend yield	3.31%	2.97%	3.41%
Proceeds from repurchase of equity		1,245,000	(66,000)
BB yield		-5.40%	0.28%
Debt
Debt current	3,442,000	2,299,000	3,646,000
Long-term debt	17,666,000	17,033,000	14,712,000
Deferred revenue			7,478,000
Other long-term liabilities	7,640,000	7,774,000	414,000
Net debt	20,748,000	18,969,000	17,949,000
Cash flow
Cash from operating activities	3,220,000	1,977,000	3,067,000
CAPEX	(3,934,000)	(3,378,000)	(3,772,000)
Cash from investing activities	(4,095,000)	(3,431,000)	(3,863,000)
Cash from financing activities	883,000	1,462,000	271,000
FCF	4,567,000	1,289,000	4,843,000
Balance
Cash	26,000	33,000	28,000
Long term investments	334,000	330,000	381,000
Excess cash
Stockholders' equity	11,055,000	10,401,000	8,713,000
Invested Capital	39,665,000	37,448,000	34,856,000
ROIC	10.76%	10.06%	9.64%
ROCE	10.20%	9.20%	8.97%
EV
Common stock shares outstanding	206,000	196,000	194,000
Price	110.26 -6.19%	117.53 -1.68%	119.54 -1.54%
Market cap	22,713,560 -1.40%	23,035,880 -0.67%	23,190,760 -1.03%
EV	43,466,560	42,008,880	41,147,760
EBITDA	5,924,000	5,135,000	4,778,000
EV/EBITDA	7.34	8.18	8.61
Interest	791,000	675,000	630,000
Interest/NOPBT	18.32%	18.41%	18.98%