DTE Energy

NYSE: DTE

Stock price

139.53 USD

(+0%) TODAY

Financial Performance

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5Y price score: 21

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 112.8%

DATE RANGE:

US$ Per
Share

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126.2

52-week range

155.7

139.53

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Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

(6.7) %

Dividend Yield TTM

3.3 %

Market cap $

$ 29,035

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

21.9

Price / Book TTM

2.4

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

5.1

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

1.7 %

32.3 %

112.8 %

Free cash flow per share growth

(21.6) %

(483.9) %

(733.1) %

Earnings per share growth

4.3 %

(0.3) %

74.3 %

Founded: 1,995

Employees: 9,650

Business Summary:DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services. Its Electric division is responsible for generating, acquiring, delivering, and selling electricity to approximately 2.3 million customers—including households, businesses, and industrial clients—across southeastern Michigan. This power is sourced from diverse facilities, encompassing fossil fuel, pumped-storage hydroelectric, nuclear, wind, and other renewable energy assets. The infrastructure supporting this includes around 698 distribution substations and 449,800 line transformers. The Gas division manages the procurement, storage, transmission, distribution, and sale of natural gas to roughly 1.3 million residential, commercial, and industrial customers statewide in Michigan. This segment also provides natural gas storage and transportation capacity. Its extensive network features approximately 20,000 miles of distribution mains, 1,304,000 service pipelines, 1,305,000 active meters, and about 2,000 miles of transmission pipelines. Through its Power and Industrial Projects segment, DTE Energy supplies metallurgical coke, along with pulverized coal and petroleum coke, to the steel, pulp and paper, and other industrial sectors. This segment also delivers essential services such as power, steam, and chilled water production, wastewater treatment, and compressed air to various industrial clients. Finally, the Energy Trading segment focuses on the marketing and trading of power, natural gas, and environmental commodities. It also undertakes structured transactions and works to optimize its contracted natural gas pipeline transportation and storage assets.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 28, 2026)

1) Strategy & Leadership
- DTE Energy continues to focus on operational excellence and customer service, as evidenced by their recognition from Gallup for employee engagement.
- The company is committed to a disciplined capital investment strategy aimed at improving grid reliability while maintaining affordability for customers.
- Leadership emphasized the importance of learning from recent severe weather events to enhance storm preparedness and response.

2) Financial & Segment Results
- Operating earnings for Q2 2026 were $274 million, translating to $1.32 per share, positioning the company to reach the high end of its guidance range for the year.
- DTE Electric earnings were $270 million, down $48 million YoY, primarily due to timing of taxes and higher rate base costs.
- DTE Gas earnings decreased by $10 million YoY, driven by higher costs and warmer weather, while DTE Vantage and Energy Trading saw increases of $14 million and $17 million YoY, respectively.

Segment Q2 2026 Earnings YoY Change
DTE Electric $270 million -$48 million
DTE Gas $10 million -$10 million
DTE Vantage $45 million +$14 million
Energy Trading $41 million +$17 million

3) Operational & Product Plans
- DTE is advancing its customer-focused capital plan, with a commitment to invest approximately $11 billion over the next five years to enhance reliability.
- The company is actively developing data center projects, including a 1.4 gigawatt Oracle data center and a 1-gigawatt Google data center, which are expected to provide significant affordability benefits for existing customers.
- DTE's regulatory strategy includes filings for electric and gas rate cases and a distribution system plan, aimed at reducing outage frequency and duration.

4) Problems / Headwinds
- A severe storm in July impacted nearly 400,000 customers, leading to extended restoration times and highlighting the need for continued investment in grid reliability.
- The company faces challenges related to the timing of tax benefits and weather impacts on earnings, which have contributed to fluctuations in quarterly performance.
- Regulatory approvals for new contracts and rate cases remain critical, with ongoing discussions around the implications of data center load growth on customer rates.

5) Guidance & Outlook / Investor Angle
- DTE maintains a long-term operating EPS growth target of 6% to 8% through 2030, with confidence in achieving the high end of this range for 2026.
- The company is optimistic about securing additional data center agreements, which could provide further upside to earnings growth.
- The upcoming Integrated Resource Plan (IRP) filing is expected to clarify how DTE plans to meet growing demand, including from data centers, while maintaining affordability.

Bottom line: DTE Energy is well-positioned for continued growth with a strong focus on reliability and affordability, supported by significant investments and strategic partnerships in the data center space. The company’s disciplined approach to capital deployment and regulatory strategy should provide a solid foundation for achieving its long-term earnings growth targets, making it an attractive prospect for shareholders.

Annual Reports, Presentations And IR Contacts

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DTE Energy — Financial Overview, Stock Price, Market Cap

DTE Energy is a company. Founded in 1995. As of August 14, 2026, the company's market capitalization is $29034518640 with a current stock price of $139.53.