DTE Financial Statements From 2010 to 2024

DTE Stock  USD 112.14  0.84  0.75%   
DTE Energy financial statements provide useful quarterly and yearly information to potential DTE Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DTE Energy financial statements helps investors assess DTE Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DTE Energy's valuation are summarized below:
Gross Profit
3.7 B
Profit Margin
0.1096
Market Capitalization
23 B
Enterprise Value Revenue
3.4504
Revenue
12.7 B
There are over one hundred nineteen available fundamental signals for DTE Energy, which can be analyzed over time and compared to other ratios. Investors should ensure to verify all of DTE Energy's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable for few more years.
Check DTE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTE main balance sheet or income statement drivers, such as Interest Expense of 830.5 M, Total Revenue of 8.4 B or Gross Profit of 4.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 1.52, Price Earnings Ratio of 9.1 or Price To Sales Ratio of 1.87. DTE financial statements analysis is a perfect complement when working with DTE Energy Valuation or Volatility modules.
  
This module can also supplement DTE Energy's financial leverage analysis and stock options assessment as well as various DTE Energy Technical models . Check out the analysis of DTE Energy Correlation against competitors.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.

DTE Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding180.2 M206 M180.6 M
Slightly volatile
Total Assets28.3 B44.8 B32.7 B
Slightly volatile
Short and Long Term Debt Total11 B21 B12.9 B
Slightly volatile
Total Current Liabilities3.4 B5.9 B3.5 B
Slightly volatile
Total Stockholder Equity7.6 B11.1 B8.9 B
Slightly volatile
Property Plant And Equipment Net16.6 B28.3 B20.3 B
Slightly volatile
Net Debt10.9 B20.9 B12.8 B
Slightly volatile
Retained Earnings3.8 B4.4 B4.6 B
Slightly volatile
Accounts Payable932.4 M1.4 BB
Slightly volatile
Cash24.7 M26 M85.5 M
Very volatile
Non Current Assets Total25.3 B41.2 B29.7 B
Slightly volatile
Cash And Short Term Investments24.7 M26 M85.5 M
Very volatile
Net Receivables1.6 B1.8 B1.6 B
Slightly volatile
Liabilities And Stockholders Equity28.3 B44.8 B32.7 B
Slightly volatile
Non Current Liabilities Total16 B27.8 B20.1 B
Slightly volatile
Inventory700.6 M1.1 B765.6 M
Slightly volatile
Other Current Assets498.1 M350 M342.7 M
Slightly volatile
Total Liabilities20.6 B33.7 B23.7 B
Slightly volatile
Property Plant And Equipment Gross39.3 B37.4 B23.8 B
Slightly volatile
Total Current Assets3.1 B3.5 BB
Slightly volatile
Short Term Debt3.6 B3.4 B1.6 B
Slightly volatile
Common StockB6.7 B4.4 B
Slightly volatile
Other Liabilities6.7 B11.7 B7.8 B
Slightly volatile
Other Assets5.4 B5.6 B5.2 B
Slightly volatile
Long Term Debt10.8 B17.4 B11.5 B
Slightly volatile
Short Term Investments98.5 M168.3 M124.6 M
Slightly volatile
Property Plant Equipment17.7 B33.1 B20.6 B
Slightly volatile
Intangible Assets148.2 M156 M704.1 M
Very volatile
Good Will2.3 B2.3 B2.2 B
Slightly volatile
Net Tangible Assets11.4 B9.4 B13.8 B
Slightly volatile
Long Term Debt Total12.9 B19.4 B12 B
Slightly volatile
Capital Lease Obligations144.9 M138 M62.1 M
Slightly volatile
Long Term Investments317.3 M334 M1.7 B
Very volatile
Non Current Liabilities Other359.1 M378 M6.2 B
Pretty Stable
Short and Long Term Debt3.6 B3.4 B1.3 B
Slightly volatile
Cash And Equivalents36.1 M38 M101.5 M
Very volatile
Net Invested Capital30.8 B31.9 B25.6 B
Slightly volatile
Capital Stock6.2 B6.7 B4.9 B
Slightly volatile

DTE Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue8.4 B12.7 B11.4 B
Slightly volatile
Gross Profit4.1 B4.3 B3.4 B
Slightly volatile
Operating Income1.4 B2.2 B1.7 B
Very volatile
EBIT1.4 B2.4 B1.7 B
Very volatile
EBITDA2.8 BB2.9 B
Slightly volatile
Net Income702.3 M1.4 B920 M
Slightly volatile
Depreciation And Amortization1.1 B1.6 B1.2 B
Slightly volatile
Other Operating Expenses8.7 B10.4 B10 B
Slightly volatile
Cost Of Revenue5.8 B8.4 B8.1 B
Slightly volatile
Total Operating Expenses2.1 BB1.8 B
Very volatile
Income Before Tax956.7 M1.6 B1.1 B
Slightly volatile
Net Income Applicable To Common Shares818 M1.2 B919.6 M
Slightly volatile
Net Income From Continuing Ops1.1 B1.4 B947.7 M
Slightly volatile
Interest Income58.8 M57 M193.7 M
Slightly volatile
Reconciled Depreciation1.5 B1.6 B1.2 B
Slightly volatile
Discontinued Operations123.8 M134.6 M114.2 M
Slightly volatile

DTE Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow40.9 M43 M88.5 M
Pretty Stable
Capital Expenditures4.1 B3.9 B2.6 B
Slightly volatile
Total Cash From Operating Activities1.9 B3.2 B2.3 B
Slightly volatile
Net Income786.3 M1.4 B921.3 M
Slightly volatile
End Period Cash Flow48.5 M51 M90.4 M
Pretty Stable
Depreciation1.2 B1.6 B1.2 B
Slightly volatile
Change To Netincome36.1 M38 M177 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios1.520.93552.3266
Pretty Stable
Price Earnings Ratio9.116.258815.1563
Slightly volatile
Price To Sales Ratio1.871.78221.2943
Slightly volatile
Dividend Yield0.05650.03310.0417
Slightly volatile
Operating Cycle13996.878298.1227
Slightly volatile
Price Book Value Ratio1.12.05551.6032
Slightly volatile
Days Of Payables Outstanding80.6459.012251.7626
Pretty Stable
Operating Cash Flow Per Share7.9415.631112.4026
Slightly volatile
Dividend Payout Ratio0.730.53830.6293
Very volatile
Price To Operating Cash Flows Ratio4.587.05396.3807
Slightly volatile
Pretax Profit Margin0.110.12290.104
Slightly volatile
Inventory Turnover6.07.986710.1058
Slightly volatile
Ebt Per Ebit0.550.69820.7092
Slightly volatile
Payables Turnover4.696.18527.5032
Pretty Stable
Operating Profit Margin0.170.1760.145
Slightly volatile
Company Equity Multiplier2.944.05023.5806
Slightly volatile
Long Term Debt To Capitalization0.440.61330.5417
Slightly volatile
Cash Per Share0.120.12620.4687
Very volatile
Total Debt To Capitalization0.460.65490.5683
Slightly volatile
Interest Coverage2.02.83572.7525
Pretty Stable
Return On Capital Employed0.0660.05770.0558
Slightly volatile
Payout Ratio0.730.53830.6293
Very volatile
Debt Equity Ratio1.131.89771.3822
Slightly volatile
Ebit Per Revenue0.170.1760.145
Slightly volatile
Quick Ratio0.610.30820.5473
Pretty Stable
Net Income Per E B T0.680.89210.828
Slightly volatile
Cash Ratio0.00420.00440.032
Very volatile
Cash Conversion Cycle58.1937.86646.3601
Slightly volatile
Operating Cash Flow Sales Ratio0.210.25260.2081
Pretty Stable
Days Of Inventory Outstanding71.7145.700945.3579
Slightly volatile
Days Of Sales Outstanding67.1151.177352.7641
Very volatile
Cash Flow Coverage Ratios0.20.15360.1927
Slightly volatile
Price To Book Ratio1.12.05551.6032
Slightly volatile
Current Ratio1.050.60160.9526
Slightly volatile
Fixed Asset Turnover0.690.45030.5779
Very volatile
Price Cash Flow Ratio4.587.05396.3807
Slightly volatile
Enterprise Value Multiple6.8411.01919.5478
Slightly volatile
Debt Ratio0.30.46860.3767
Slightly volatile
Cash Flow To Debt Ratio0.20.15360.1927
Slightly volatile
Price Sales Ratio1.871.78221.2943
Slightly volatile
Return On Assets0.03120.03120.0287
Very volatile
Receivables Turnover5.057.13217.0113
Very volatile
Asset Turnover0.40.28480.3569
Very volatile
Net Profit Margin0.10.10960.0867
Very volatile
Gross Profit Margin0.540.33950.3364
Slightly volatile
Price Fair Value1.12.05551.6032
Slightly volatile
Return On Equity0.110.12640.1031
Slightly volatile

DTE Fundamental Market Drivers

Forward Price Earnings16.5837
Cash And Short Term Investments26 M

DTE Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About DTE Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include DTE Energy income statement, its balance sheet, and the statement of cash flows. DTE Energy investors use historical funamental indicators, such as DTE Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although DTE Energy investors may use 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. We offer a historical overview of the basic patterns found on DTE Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DTE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue380 M431 M
Total Revenue12.7 B8.4 B
Cost Of Revenue8.4 B5.8 B
Ebit Per Revenue 0.18  0.17 

DTE Energy Investors Sentiment

The influence of DTE Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in DTE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to DTE Energy's public news can be used to forecast risks associated with an investment in DTE. The trend in average sentiment can be used to explain how an investor holding DTE can time the market purely based on public headlines and social activities around DTE Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
DTE Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for DTE Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average DTE Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on DTE Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DTE Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DTE Energy's short interest history, or implied volatility extrapolated from DTE Energy options trading.

Pair Trading with DTE Energy

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.

Moving together with DTE Stock

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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
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 the analysis of DTE Energy Correlation against competitors.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for DTE Stock analysis

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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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.