Revenue segments as reported by the company.

Utility operations

Non-utility operations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fuel, purchased power, and gas — utility

Fuel, purchased power, gas, and other — non-utility

Operation and maintenance

Depreciation and amortization

Taxes other than income

Asset (gains) losses and impairments, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DTE Energy

DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment composed of various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DTE Energy reports robust 2022 performance and strategic growth plans

DTE Energy's strong 2022 performance and strategic investments position it for future growth.
Challenges include electric rate case submissions and maintaining financial ratios amidst fuel cost recovery.
Opportunities lie in significant utility investments, grid enhancements, and internal cash generation.
Overall positive outlook expressed for 2023 and long-term future by CEO Gerardo Norcia.

DTE Energy reports mixed Q1 earnings, focuses on grid investments

DTE Energy navigated mixed Q1 earnings impacted by weather and operational costs, reaffirming 2023 guidance with a focus on growth opportunities in Gas, Vantage, and Energy Trading.
Strategic investments in grid infrastructure, automation, and cost management underscore the company's commitment to reliability, efficiency, and long-term sustainability.
Challenges from weather-related expenses and Energy Trading losses are balanced by opportunities in renewables, grid investments, and preparing for electrification trends.

DTE Energy on track to meet 2023 goals amid industry shifts

DTE Energy is navigating challenges to meet financial targets while focusing on long-term growth.
The company's commitment to cleaner generation and grid strengthening positions it well for future opportunities.
Despite earnings impacts, DTE remains confident in achieving its 2023 guidance midpoint.
Investment in transportation electrification and grid modernization presents avenues for margin growth.

DTE Energy offsets Q3 headwinds, revises EPS guidance downward

DTE Energy navigated Q3 challenges with cost reductions but revised EPS guidance. Strong performance in key segments and focus on stakeholder delivery. Addressing supply chain challenges and preparing for increased storm impacts.

DTE Energy surpasses challenges, eyes growth in clean energy

DTE Energy navigated challenges to achieve strong financial performance in 2023. The company's focus on customer affordability and clean energy aligns with market trends. Strategic investments and a robust growth agenda position DTE for long-term success.

DTE Energy posts solid Q1 earnings, eyes growth amid challenges

DTE Energy's Q1 performance reflects stability, growth, and strategic investments in grid modernization and cleaner generation
While facing challenges like tax timing issues and transitioning from coal, DTE is poised for future growth through revenue diversification
Opportunities in data centers, EVs, and cost-saving initiatives position DTE for continued value creation for customers and investors

DTE Energy excels in H1 2024, poised for sustainable growth

DTE Energy's strong financial position and strategic investments in grid reliability and cleaner energy sources position it well for future growth. The company's focus on community engagement and innovative energy solutions underscores its commitment to sustainability and customer service.

DTE Energy excels in Q3 earnings, poised for sustainable growth

DTE Energy reported strong Q3 performance with notable earnings across its business segments.
Despite challenges in certain areas, the company remains confident in its full-year guidance and future prospects.
With a focus on stakeholder value, reliability, and sustainability, DTE Energy is poised for continued growth and success.
The company's strategic investments and financial strength position it well for future opportunities and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.

DTE Energy (DTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DTE Energy (DTE) to Report Q3 Results: Wall Street Expects Earnings Growth

DTE Energy stock has underperformed due to the surge in interest rates, but its business performance remains solid. The company is well-positioned to benefit from the transition to clean energy and has a promising growth plan in place. The stock is currently trading at a nearly 10-year low valuation and offers a nearly 10-year high dividend yield, making it an attractive investment opportunity.

DTE Energy Has Become Too Cheap To Ignore

DTE Energy Company, a regulated electric and natural gas utility, offers a dividend yield of 3.89% and a history of growing dividends over time. The stock has underperformed the S&P 500 Index and the U.S. Utilities Index over the past two months, but its recent decline in price makes it more attractively valued. DTE Energy's customer base has remained stable, although the population of Detroit, its primary service area, is declining.

DTE Energy: Valuation Has Improved Compared To Peers, Presenting Opportunity

CMS Energy

CenterPoint Energy

Hawaiian Electric Industries

Alliant Energy

NextEra Energy

Electric utility stocks used to be an income investor's best friend, but dividend growth cuts and rising Treasury yields have turned these rocksteady investments into market pariahs.

Why Safe Haven Utilities Stocks Are Having Their Worst Year Since 2008

Ameren

Entergy

FirstEnergy

NorthWestern

WEC Energy Group

Xcel Energy

The crisis-like selloff in the utilities sector, resulting from the spike in interest rates, has created historically attractive buying opportunities for a number of stocks, KeyBanc Capital's Sophie Karp wrote.

‘Close your eyes and buy' these utilities stocks, analyst says

Detailed roadmap for dramatically increasing reliability through a $9 billion investment will be submitted today to the Michigan Public Service Commission Detailed roadmap for dramatically increasing reliability through a $9 billion investment will be submitted today to the Michigan Public Service Commission

DTE Energy announces its plan to improve electric reliability by over 60% in the next five years

Clearway Energy

Dominion Energy

IDACORP

Public Service Enterprise Group

Southern Company

It hasn't been a great year for finding the best utilities stocks to buy. It has been the sector laggard of the S&P 500 which has grown more swiftly than many expected.

7 Oversold Utilities Stocks to Snap Up Before Bond Yields Fall

Alibaba

The Beachbody Co.

Altria

NVIDIA

PayPal

The stock market has historically been volatile in the month of August. Participants are generally on vacation making it more difficult to pin down the direction of indexes.

The 7 Most Undervalued Meme Stocks to Buy Now: August 2023

DTE Energy Company 5.25 % Debentures 2017-01.12.77 Global

DTE Energy Company (NYSE:DTE ) Q2 2023 Earnings Conference Call July 27, 2023 9:30 AM ET Company Participants Barbara Tuckfield - Director of Investor Relations Gerry Norcia - Chairman and CEO Dave Ruud - Executive Vice President and CFO Conference Call Participants Jeremy Tonet - JPMorgan Shahr Pourreza - Guggenheim Heidi Hauchon - Bank of America Michael Sullivan - Wolfe Research David Arcaro - Morgan Stanley Alex Mortimer - Mizuho Operator Good morning, ladies and gentlemen. Welcome to the DTE Energy Second Quarter 2023 Earnings Conference Call.

DTE Energy Company (DTE) Q2 2023 Earnings Call Transcript

DTE Energy (DTE) reaffirmed its 2023 operating EPS projection in the range of $6.09-$6.40.

DTE Energy (DTE) Reports Better-Than-Expected Q2 Earnings

DETROIT, July 27, 2023 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today reported second quarter earnings of $201 million or $0.97 per diluted share, compared with $37 million, or $0.19 per diluted share in 2022.

DTE Energy reports second quarter earnings

Utility firm DTE Energy beat market estimates for second-quarter profit on Thursday, as easing operating and maintenance costs and higher gas demand outweighed the drag from the electric unit.

DTE Energy's profit beats estimates on higher gas demand, lower costs

Plan expedites end of coal while building enough Michigan-made renewables to power ~4 million homes Plan expedites end of coal while building enough Michigan-made renewables to power ~4 million homes

Michigan Public Service Commission approves DTE's landmark clean energy plan

Aflac

American Water Works

Fiverr

Kroger

Microsoft

Procter & Gamble

Inflation resistant stocks might seem an idea destined for gradual irrelevance based on economic reports from the past few weeks. First up, the headline print of the June jobs report came in lower than expected, representing a rather sharp pivot from prior labor market data.

7 Smart Stocks to Buy if You Believe the Inflation Battle Is Far From Over

DTE Energy's (DTE) Q2 results are likely to reflect colder-than-normal temperature and higher rate-based cost impact amid higher earnings from its renewable plants.

What's in the Cards for DTE Energy (DTE) in Q2 Earnings?

Con Ed

Exelon

The Zacks Utility – Electric Power industry stocks have been transitioning toward clean sources of fuel and focusing on lower carbon emissions.

4 Stocks to Buy From the Bright Electric Power Industry

ABM Industries

Colgate-Palmolive

Costco

Merck

Progressive

Waste Management

While the Federal Reserve aggressively raised the benchmark interest rate to tame historically high inflation, much evidence indicates that the central bank hasn't done enough, thus bolstering the case for safe stocks for investing during disinflation. Fundamentally, the Fed's goal will be to facilitate a gentle deceleration of prices without sparking a recession.

7 Safe Stocks to Buy as Fed Gears Up for Disinflation

Detroit, July 14, 2023 (GLOBE NEWSWIRE) -- DETROIT, Jul. 14, 2023 – DTE Energy (NYSE:DTE) will announce its second quarter 2023 earnings before the market opens Thursday, Jul. 27, 2023.

DTE Energy schedules second quarter 2023 earnings release, conference call

DTE Energy (DTE), with its CleanVision IRP, is on track to rapidly expand its renewable energy portfolio and quicken its carbon emission reduction targets.

DTE Energy (DTE), 21 Michigan Firms Ink Clean Energy Agreement

Douglas Emmett

First Trust High Income Long/Short Fund

International Paper

Nordic American Tankers

Uniti Group

Meme stocks are a relatively new area of the investment landscape, emerging during the 2020 lockdowns. Covid changed society, technology, the workplace, and many other areas of life.

7 Meme Stocks That Provide Meaningful Income

Transformational plan projects $2.5 billion in reduced future costs to customers1 while building enough Michigan-made renewables to power ~4 million homes Transformational plan projects $2.5 billion in reduced future costs to customers1 while building enough Michigan-made renewables to power ~4 million homes

DTE Energy and Michigan stakeholders reach historic clean energy settlement agreement

DTE Energy (DTE) appears to be a better utility electric power stock than PPL at present.

DTE or PPL: Which Is a Better Utility Electric Power Stock?

Detroit, June 29, 2023 (GLOBE NEWSWIRE) -- DETROIT, June 29, 2023 -- DTE Energy (NYSE: DTE) today announced, effective July 3, Joi Harris, DTE Gas president, will be president and COO of DTE. In her new role, Harris will lead both utilities – DTE Gas and DTE Electric – as well as Customer Service, Information Technology, Corporate Services, and the Environmental Management and Safety organizations. She will report to Jerry Norcia, DTE chairman and CEO. As a senior leader at DTE, among many accomplishments, Harris recently led the construction of renewable energy projects and the Blue Water Energy Center, positioning the company for a future of clean and sustainable energy production.  “Joi is an extraordinary leader who has demonstrated time and again her ability to achieve successful outcomes in several key areas of the company. She is results oriented – a change agent – who will continue to drive our journey for excellence on behalf of our customers and communities. I'm excited to see what Joi, who started with the company as a co-op 35 years ago, can accomplish in the future,” Norcia said. “The opportunity to help shepherd our business into the future during this transformational time in our industry and company is an opportunity of a lifetime,” said Harris. “DTE is fundamentally changing how we generate energy, moving to cleaner and more efficient sources, and developing the grid of the future to improve reliability and prepare for the growing electrification of our society.”  Harris has a Bachelor of Science in industrial engineering and an MBA from Wayne State University. She serves on the board of directors for the Detroit Area Pre-College Engineering Program (DAPCEP). Harris was chosen by the Michigan Chronicle as a “Women of Excellence;” recognized by “Who's Who in Black Detroit;” honored by Women of Color STEM for her career achievements; and received the Maverick Award – special recognition to leaders who have set the standard in promoting, connecting and strengthening female leaders in energy operations and engineering in the energy industry.

DTE Energy names Joi Harris president and chief operations officer

Detroit, June 22, 2023 (GLOBE NEWSWIRE) -- DETROIT, June 22, 2023 — DTE Energy (NYSE: DTE) has named Deborah Byers, a retired partner from Ernst & Young LLP to its board of directors effective immediately. Byers served as Americas Industry Leader overseeing the markets and growth strategy across Ernst & Young's primary industry markets. She has held several senior leadership positions at Ernst & Young, including serving as its Houston Office Managing partner and U.S. Energy Leader. Her national and international work in the energy sector gives her important strategic insight into key issues facing DTE and the nation as we transition to clean and sustainable energy production.

DTE Energy names Deborah Byers to board of directors

Celanese

Eversource Energy

Evergy Inc

Hewlett Packard

McCormick

NiSource

Jefferies & Co. offered a list of the top 10 companies with low cash and high near-term debt maturities this week that it's advising investors to avoid.

News for DTE Energy Stock (DTE)