DTE Energy (DTE)
Utilities · Regulated Electric and Natural Gas Utilities
DTE Energy is a Michigan-based utility company providing regulated electric and natural gas service to millions of customers while managing generation assets and pursuing net-zero emissions goals.
What DTE Energy does
DTE Energy operates as a diversified energy company with two main regulated utility subsidiaries: DTE Electric Company and DTE Gas Company. DTE Electric provides electricity generation, transmission, and distribution to customers across Michigan, while DTE Gas distributes natural gas to residential, commercial, and industrial customers. The company also operates non-utility subsidiaries including renewable energy and sustainable generation holdings. The utilities' rates are regulated by the Michigan Public Service Commission (MPSC) and Federal Energy Regulatory Commission (FERC), and the company is pursuing net-zero emissions goals through carbon reduction and renewable energy investments.
Themes: ["Net-zero / decarbonization"]
Fundamentals
- Price$149.27 as of 2026-07-09 close
- Market cap$31.2B as of 2026-07-10
- 1-year return+13.6% as of 2026-07-09 close
- P/E24.70 as of 2026-07-10
- Net margin+7.0% as of 2026-07-10
- ROE+10.4% as of 2026-07-10
- Debt / equity2.17 as of 2026-07-10
- Revenue growth (YoY)-15.5% as of 2026-07-10
- Revenue CAGR (3y)+0.8% SEC XBRL
- Beta0.39 as of 2026-07-10
Dividend: yield +3.1%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory risk: Rate regulation by MPSC and FERC creates uncertainty in cost recovery timing and disallowance of costs deemed non-compliant with governing regulations."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.