DTE Energy

Utilities Multi-Utilities Detroit, Michigan Last filing Feb 17, 2026 · FY2025

                    Revenue
                    FY2025
                
$15.8B
                    3y CAGR -6.3%
                    
                    P3
                    
                    +26.9%
                    
                    Net income
                    FY2025
                
$1.5B
                    Net margin +9.2%
                    
                    P19
                    
                    +4.1%
                    
                    Total assets
                    FY2025
                
$54.1B
                    ROA +2.7%
                    
                    P58
                    
                    +10.7%
                    
                    Operating cash flow
                    FY2025
                
$3.4B
                    
                    -6.4%

19 yrs · FY2007–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

29 accounts · 5 years

Total assets $54.1B

Total liabilities $5.4B

Shareholders equity $12.3B

Account	2025	2024	2023	2022	2021
Assets
Cash and Cash Equivalents	1.3%	0.2%	0.2%	0.2%	0.2%
Accounts Receivable	12.8%	13.6%	12.8%	10.6%	11.3%
Prepaid Expenses	1.7%	1.9%	1.9%	1.2%	1.5%
Other Current Assets	1.7%	1.9%	1.9%	1.2%	1.5%
Total Current Assets	27.5%	29.0%	27.8%	21.7%	22.2%
Property,Plant and Equipment	212.8%	327.8%	221.0%	149.6%	180.1%
Operating Lease Assets	1.7%	1.5%	1.0%	0.5%	0.6%
Goodwill	12.6%	16.0%	15.6%	10.4%	13.3%
Intangible Assets	1.2%	1.2%	1.2%	0.9%	1.2%
Long Term Investments	18.1%	20.6%	18.6%	11.2%	16.4%
Other Noncurrent Assets	83.5%	94.6%	83.7%	39.4%	46.8%
Total Assets	341.9%	392.1%	351.2%	222.0%	265.4%
Liabilities
Accounts Payable	11.1%	11.1%	10.7%	8.3%	9.4%
Accrued Liabilities	4.3%	4.7%	3.5%	2.8%	3.9%
Current Portion of Long Term Debt	5.6%	8.6%	10.1%	6.0%	5.1%
Operating Lease Liabilities	0.2%	0.2%	0.1%	0.1%	0.1%
Other Current Liabilities	4.3%	4.7%	3.5%	2.8%	3.9%
Total Current Liabilities	34.2%	41.0%	46.2%	26.9%	42.4%
Deferred Revenue Noncurrent	1.1%	1.1%	0.8%	0.5%	0.5%
Operating Lease Liabilities Noncurrent	1.5%	1.3%	0.8%	0.4%	0.5%
Deferred Tax Liabilities	21.5%	23.7%	20.8%	12.5%	14.5%
Other Noncurrent Liabilities	79.4%	91.1%	81.6%	53.2%	67.7%
Total Liabilities	34.2%	41.0%	46.2%	26.9%	42.4%
Equity
Common Stock	43.4%	54.4%	52.7%	34.6%	35.9%
Retained Earnings	34.7%	39.7%	34.6%	19.8%	23.0%
Accumulated Other Comprehensive Income	-0.2%	-0.2%	-0.5%	-0.3%	-0.7%
Noncontrolling Interest	0.0%	0.0%	0.0%	0.0%	—
Total Stockholders Equity	77.8%	93.9%	86.7%	54.1%	58.2%
Total Liabilitiesand Equity	341.9%	392.1%	351.2%	222.0%	265.4%

Income Statement

Revenue, expense, and profitability

16 accounts · 5 years

Revenue $15.8B

Operating income $2.4B

Net income $1.5B

Account	2025	2024	2023	2022	2021
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%	100.0%	100.0%
Expenses Cost of Revenue	85.0%	83.2%	82.4%	90.9%	90.0%
Expenses Depreciation and Amortization	11.6%	13.9%	12.6%	7.6%	9.2%
Expenses Operating Expenses	85.0%	83.2%	82.4%	90.9%	90.0%
Other Income Expense Operating Income	15.0%	16.8%	17.6%	9.1%	10.0%
Other Income Expense Interest Income	0.7%	1.1%	0.4%	0.2%	0.1%
Other Income Expense Interest Expense	6.7%	7.6%	6.2%	3.5%	4.2%
Other Income Expense Other Income/expense	0.6%	0.6%	0.3%	0.3%	0.5%
Other Income Expense Income Before Tax	9.8%	11.0%	12.3%	5.8%	4.4%
Income Tax Income Tax Expense	0.6%	-0.3%	1.3%	0.2%	-0.9%
net Income net Income	9.2%	11.3%	11.0%	5.6%	6.1%
net Income Comprehensive Income	9.2%	11.6%	10.9%	5.9%	6.2%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Basic	1.3%	1.7%	1.6%	1.0%	1.3%
Earnings Per Share Weighted Average Shares Diluted	1.3%	1.7%	1.6%	1.0%	1.3%

Cash Flow Statement

Operating, investing, and financing flows

17 accounts · 5 years

Operating cash flow $3.4B

Investing cash flow $-5.3B

Financing cash flow $2.1B

Account	2025	2024	2023	2022	2021
CashFlow
Operating Activities net Income	9.2%	11.3%	11.0%	5.6%	6.1%
Operating Activities Depreciation and Amortization	11.6%	13.9%	12.6%	7.6%	9.2%
Operating Activities Deferred Income Taxes	2.3%	1.6%	1.4%	0.2%	-0.6%
Operating Activities Changes In Operating Assets and Liabilities	2.4%	1.9%	-1.5%	1.1%	3.1%
Operating Activities net Cash From Operating Activities	21.6%	29.2%	25.3%	10.3%	20.5%
Investing Activities Business Acquisitions	1.3%	0.0%	0.0%	0.0%	0.0%
Investing Activities Other Investing Activities	0.8%	0.6%	0.6%	0.3%	0.2%
Investing Activities net Cash From Investing Activities	-33.5%	-39.7%	-32.1%	-17.8%	-25.8%
Financing Activities Proceeds From Debt	28.0%	36.4%	24.8%	11.3%	29.8%
Financing Activities Repayment of Debt	8.2%	17.2%	12.7%	8.3%	23.5%
Financing Activities Dividends Paid	5.5%	6.5%	5.9%	3.6%	5.3%
Financing Activities Other Financing Activities	-0.2%	-0.2%	-0.3%	-0.4%	-0.6%
Financing Activities net Cash From Financing Activities	13.0%	10.8%	6.9%	7.6%	2.1%
Cash Reconciliation Effect of Exchange Rate On Cash	1.6%	0.7%	0.4%	0.2%	0.2%
Cash Reconciliation net Change In Cash	1.0%	0.3%	0.1%	0.0%	-3.2%
Cash Reconciliation Cash At Beginning of Period	1.6%	0.7%	0.4%	0.2%	0.2%
Cash Reconciliation Cash At End of Period	1.6%	0.7%	0.4%	0.2%	0.2%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2025	2024	2023	2022	2021
Profitability
Gross margin	+15.0%	+16.8%	+17.6%	+9.1%	+10.0%
Operating margin	+15.0%	+16.8%	+17.6%	+9.1%	+10.0%
Net margin	+9.2%	+11.3%	+11.0%	+5.6%	+6.1%
FCF margin	—	—	—	—	—
Growth
Revenue CAGR (3y)	-6.3%	-5.9%	+3.7%	+16.5%	+1.7%
Returns
ROE	+11.9%	+12.0%	+12.6%	+10.4%	+10.4%
ROA	+2.7%	+2.9%	+3.1%	+2.5%	+2.3%
ROIC	+17.3%	+16.4%	+16.3%	+14.8%	+15.8%
Liquidity
Current ratio	0.80x	0.71x	0.60x	0.81x	0.52x
Quick ratio	0.41x	0.34x	0.28x	0.40x	0.27x
Leverage
D/E	0.44x	0.44x	0.53x	0.50x	0.73x
Interest coverage	2.25x	2.20x	2.84x	2.59x	2.37x
Efficiency
Asset turnover	0.29x	0.26x	0.28x	0.45x	0.38x
Cash conversion cycle	—	—	—	—	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

DTE Energy

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history