DTE Energy Net Income vs. Market Capitalization

DTE Stock  USD 111.30  4.17  3.89%   
Based on the key profitability measurements obtained from DTE Energy's financial statements, DTE Energy may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess DTE Energy's ability to earn profits and add value for shareholders.

DTE Energy Net Income

702.31 Million

At present, DTE Energy's Days Of Sales Outstanding is projected to slightly decrease based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 1.87, whereas Operating Cash Flow Sales Ratio is forecasted to decline to 0.21. At present, DTE Energy's Interest Income is projected to decrease significantly based on the last few years of reporting.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.540.3395
Way Up
Slightly volatile
Net Profit Margin0.10.1096
Significantly Down
Very volatile
Operating Profit Margin0.170.176
Sufficiently Down
Slightly volatile
Pretax Profit Margin0.110.1229
Moderately Down
Slightly volatile
Return On Assets0.03120.0312
Slightly Down
Very volatile
Return On Equity0.110.1264
Fairly Down
Slightly volatile
For DTE Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DTE Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DTE Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DTE Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DTE Energy over time as well as its relative position and ranking within its peers.
  
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For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
Is DTE Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTE Energy. If investors know DTE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.539
Dividend Share
3.878
Earnings Share
6.76
Revenue Per Share
61.869
Quarterly Revenue Growth
(0.24)
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

DTE Energy Market Capitalization vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining DTE Energy's current stock value. Our valuation model uses many indicators to compare DTE Energy value to that of its competitors to determine the firm's financial worth.
DTE Energy is rated # 4 in net income category among related companies. It is one of the top stocks in market capitalization category among related companies creating about  15.87  of Market Capitalization per Net Income. At present, DTE Energy's Net Income is projected to increase significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value DTE Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DTE Energy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DTE Energy's earnings, one of the primary drivers of an investment's value.

DTE Market Capitalization vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

DTE Energy

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
1.4 B
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

DTE Energy

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
22.17 B
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

DTE Market Capitalization vs Competition

DTE Energy is one of the top stocks in market capitalization category among related companies. Market capitalization of Utilities industry is currently estimated at about 159.85 Billion. DTE Energy retains roughly 22.17 Billion in market capitalization claiming about 14% of Utilities industry.
Capitalization  Workforce  Total debt  Revenue  Valuation

DTE Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in DTE Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DTE Energy will eventually generate negative long term returns. The profitability progress is the general direction of DTE Energy's change in net profit over the period of time. It can combine multiple indicators of DTE Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive Income-67 M-70.3 M
Operating Income2.2 B1.4 B
Net Income1.4 B786.3 M
Income Tax Expense169 M177.4 M
Income Before Tax1.6 B956.7 M
Total Other Income Expense Net-1000 K-1.1 M
Net Income Applicable To Common Shares1.2 B818 M
Net Income From Continuing Ops1.4 B1.1 B
Non Operating Income Net Other35.1 M33.3 M
Interest Income57 M58.8 M
Net Interest Income-734 M-770.7 M
Change To Netincome38 M36.1 M
Net Income Per E B T 0.89  0.68 

DTE Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on DTE Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of DTE Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the DTE Energy's important profitability drivers and their relationship over time.

Use DTE Energy in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DTE Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DTE Energy will appreciate offsetting losses from the drop in the long position's value.

DTE Energy Pair Trading

DTE Energy Pair Trading Analysis

The ability to find closely correlated positions to DTE Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DTE Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DTE Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DTE Energy to buy it.
The correlation of DTE Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DTE Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DTE Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DTE Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your DTE Energy position

In addition to having DTE Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Convertibles Funds Thematic Idea Now

Convertibles Funds
Convertibles Funds Theme
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:
Check out Investing Opportunities.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.
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To fully project DTE Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DTE Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include DTE Energy's income statement, its balance sheet, and the statement of cash flows.
Potential DTE Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although DTE Energy investors may work on each financial statement separately, they are all related. The changes in DTE Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DTE Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.