DTE Energy Co
DTE Energy Co (DTE) is listed on NYSE and classified in Utilities - Regulated Electric, part of the Utilities sector. It is headquartered in Detroit, United States and has 9,592 employees. The company is worth $27.69B and trades at 21.1x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $15.81B in fiscal 2025, up 26.9% from the year before. Net income was $1.46B. The share price is 14.6% below its 52-week high of $155.75. It pays a dividend yielding 3.50%, and has raised its annual dividend for 16 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $397.14M. In that quarter, 4 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +19.7% over 5Y.
today you would have $1,350.70▲ +35.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $128.98 | $120.75 | $110.26 | $117.53 | $119.54 | $103.33 | $110.53 | $93.87 | $93.16 | $83.84 | $68.25 | $73.51 | $56.50 | $51.11 | $46.34 | $38.57 | $37.10 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.5% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 17.3 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 3.4% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CNPCenterpoint Energy Inc | $41.20 | 23.8x | 2.3x | 2.33% | 9.82% | $27.14B |
| AWKAmerican Water Works Company, Inc. | $143.23 | 24.8x | 2.4x | 2.50% | 10.10% | $28.46B |
| FEFirstenergy Corp | $46.49 | 24.9x | 2.1x | 4.00% | 9.49% | $26.9B |
| PPLPPL Corp | $35.35 |
| $30.36 |
| $37.41 |
| P/E | 17.3x | 18.3x | 17.8x | 16.3x | 21.3x | 25.6x | 14.6x | 17.5x | 17.9x | 17.3x | 20.4x | 19.8x | 16.9x | 17.7x | 16.9x | 13.0x | 12.1x | 13.5x | 10.7x | 7.7x |
| P/S | 1.5x | 1.7x | 2.0x | 1.8x | 1.3x | 1.5x | 2.1x | 2.1x | 1.4x | 1.6x | 1.7x | 1.4x | 1.2x | 1.2x | 1.2x | 1.0x | 0.9x | — | — | — |
| P/B | 1.9x | 2.2x | 2.1x | 2.1x | 2.3x | 2.7x | 1.9x | 2.1x | 2.0x | 2.1x | 2.0x | 1.6x | 1.8x | 1.5x | 1.4x | 1.3x | 1.1x | 1.2x | 1.0x | 1.3x |
| EPS | $7.03 | $6.77 | $6.76 | $5.52 | $4.67 | $7.08 | $6.31 | $5.25 | $5.38 | $4.11 | $3.45 | $4.34 | $3.20 | $3.02 | $3.56 | $3.18 | $2.76 | $2.84 | $4.84 |
| Dividend yield | 3.44% | 3.44% | 3.44% | 3.52% | 3.07% | 2.98% | 3.40% | 2.96% | 3.26% | 3.07% | 3.10% | 3.54% | 3.11% | 3.89% | 4.02% | 4.27% | 4.81% | 4.86% | 5.94% | 4.82% |
| Payout | 61.30% | 63.09% | 61.30% | 57.38% | 65.36% | 76.16% | 49.57% | 51.90% | 58.25% | 53.13% | 63.25% | 70.12% | 52.75% | 68.75% | 68.06% | 55.60% | 58.29% | 65.43% | 63.47% | 37.26% |
| Profit margin | 7.95% | 9.24% | 11.27% | 10.96% | 5.63% | 6.06% | 11.98% | 9.61% | 7.88% | 9.00% | 8.17% | 7.03% | 7.36% | 6.84% | 6.94% | 8.03% | 7.39% | — | — | — |
| ROE | 10.42% | 11.88% | 12.00% | 12.64% | 10.42% | 10.42% | 11.01% | 10.02% | 10.94% | 11.92% | 9.63% | 8.29% | 10.87% | 8.34% | 8.27% | 10.14% | 9.37% | 8.47% | 9.11% | 16.45% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-5.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 20.4x |
| 1.8x |
| 3.22% |
| 8.63% |
| $26.6B |
| ATOAtmos Energy Corp | $173.91 | 20.7x | 1.9x | 2.30% | 9.79% | $29.39B |
| FTSFortis Inc. | $57.88 | 22.8x | 1.8x | 3.20% | 7.47% | $29.57B |