DTE Profit Margin vs Net Income Analysis

DTE Stock

USD 106.25 0.12 0.11%

DTE Energy financial indicator trend analysis is much more than just examining DTE Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DTE Energy is a good investment. Please check the relationship between DTE Energy Net Profit Margin and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.

Net Profit Margin vs Net Income

Profit Margin vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTE Energy Profit Margin account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between DTE Energy's Profit Margin and Net Income is -0.03. Overlapping area represents the amount of variation of Profit Margin that can explain the historical movement of Net Income in the same time period over historical financial statements of DTE Energy, assuming nothing else is changed. The correlation between historical values of DTE Energy's Profit Margin and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Profit Margin of DTE Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Profit Margin i.e., DTE Energy's Profit Margin and Net Income go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in DTE Energy financial statement analysis. It represents the amount of money remaining after all of DTE Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from DTE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DTE Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.As of April 16, 2024, Selling General Administrative is expected to decline to about 356.7 M. In addition to that, Tax Provision is expected to decline to about 103.2 M

	2021	2022	2023	2024 (projected)
Gross Profit	3.3B	3.7B	4.3B	4.1B
Total Revenue	15.0B	19.2B	12.7B	8.4B

Gross Profit Total Revenue

DTE Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Common Stock Shares Outstanding		0.94	0.91	-0.26	0.82	0.85	0.92	0.52	0.91	0.49	0.88	0.16	0.93	0.37	0.16	0.85	0.73	0.92	0.87	0.54	0.27	0.95	0.81	0.87	0.6	0.95
Total Assets	0.94		0.97	-0.27	0.74	0.95	0.98	0.54	0.97	0.66	0.85	0.34	1.0	0.22	0.34	0.85	0.63	0.99	0.76	0.45	0.31	0.99	0.73	0.83	0.45	0.93
Short Long Term Debt Total	0.91	0.97		-0.29	0.78	0.87	0.99	0.54	1.0	0.51	0.81	0.31	0.97	0.32	0.31	0.76	0.68	0.96	0.68	0.4	0.42	0.98	0.8	0.73	0.54	0.94
Other Current Liab	-0.26	-0.27	-0.29		-0.22	-0.2	-0.33	-0.92	-0.29	0.09	-0.4	0.13	-0.25	-0.27	0.13	-0.35	-0.23	-0.28	-0.34	-0.6	-0.39	-0.29	-0.36	-0.44	-0.1	-0.44
Total Current Liabilities	0.82	0.74	0.78	-0.22		0.54	0.77	0.49	0.79	0.11	0.85	-0.23	0.73	0.5	-0.23	0.71	0.62	0.68	0.74	0.52	0.09	0.79	0.79	0.69	0.84	0.82
Total Stockholder Equity	0.85	0.95	0.87	-0.2	0.54		0.89	0.45	0.86	0.85	0.74	0.45	0.95	0.05	0.45	0.82	0.55	0.94	0.67	0.3	0.23	0.91	0.55	0.76	0.23	0.82
Property Plant And Equipment Net	0.92	0.98	0.99	-0.33	0.77	0.89		0.58	0.99	0.54	0.85	0.3	0.98	0.22	0.3	0.8	0.66	0.97	0.71	0.4	0.35	0.98	0.77	0.76	0.48	0.95
Current Deferred Revenue	0.52	0.54	0.54	-0.92	0.49	0.45	0.58		0.54	0.1	0.64	-0.07	0.52	0.3	-0.07	0.64	0.43	0.54	0.5	0.71	0.36	0.56	0.58	0.68	0.31	0.67
Net Debt	0.91	0.97	1.0	-0.29	0.79	0.86	0.99	0.54		0.51	0.82	0.29	0.97	0.33	0.29	0.76	0.69	0.96	0.69	0.4	0.41	0.98	0.81	0.73	0.55	0.94
Retained Earnings	0.49	0.66	0.51	0.09	0.11	0.85	0.54	0.1	0.51		0.42	0.56	0.67	-0.27	0.56	0.61	0.22	0.66	0.37	0.03	-0.02	0.58	0.13	0.49	-0.14	0.39
Accounts Payable	0.88	0.85	0.81	-0.4	0.85	0.74	0.85	0.64	0.82	0.42		-0.06	0.83	0.33	-0.06	0.94	0.6	0.81	0.84	0.62	0.06	0.86	0.73	0.88	0.57	0.85
Cash	0.16	0.34	0.31	0.13	-0.23	0.45	0.3	-0.07	0.29	0.56	-0.06		0.36	-0.33	1.0	0.09	0.01	0.41	-0.14	-0.06	0.53	0.3	0.0	0.13	-0.35	0.14
Non Current Assets Total	0.93	1.0	0.97	-0.25	0.73	0.95	0.98	0.52	0.97	0.67	0.83	0.36		0.2	0.36	0.83	0.63	0.99	0.74	0.41	0.31	0.99	0.72	0.8	0.44	0.92
Non Currrent Assets Other	0.37	0.22	0.32	-0.27	0.5	0.05	0.22	0.3	0.33	-0.27	0.33	-0.33	0.2		-0.33	0.22	0.61	0.16	0.38	0.5	0.46	0.27	0.68	0.33	0.79	0.38
Cash And Short Term Investments	0.16	0.34	0.31	0.13	-0.23	0.45	0.3	-0.07	0.29	0.56	-0.06	1.0	0.36	-0.33		0.09	0.01	0.41	-0.14	-0.06	0.53	0.3	0.0	0.13	-0.35	0.14
Net Receivables	0.85	0.85	0.76	-0.35	0.71	0.82	0.8	0.64	0.76	0.61	0.94	0.09	0.83	0.22	0.09		0.57	0.82	0.78	0.63	0.04	0.84	0.66	0.93	0.44	0.79
Common Stock Total Equity	0.73	0.63	0.68	-0.23	0.62	0.55	0.66	0.43	0.69	0.22	0.6	0.01	0.63	0.61	0.01	0.57		0.58	0.47	0.34	0.35	0.64	0.88	0.5	0.71	0.72
Non Current Liabilities Total	0.92	0.99	0.96	-0.28	0.68	0.94	0.97	0.54	0.96	0.66	0.81	0.41	0.99	0.16	0.41	0.82	0.58		0.74	0.44	0.35	0.99	0.69	0.81	0.38	0.91
Inventory	0.87	0.76	0.68	-0.34	0.74	0.67	0.71	0.5	0.69	0.37	0.84	-0.14	0.74	0.38	-0.14	0.78	0.47	0.74		0.64	0.03	0.77	0.6	0.86	0.51	0.8
Other Current Assets	0.54	0.45	0.4	-0.6	0.52	0.3	0.4	0.71	0.4	0.03	0.62	-0.06	0.41	0.5	-0.06	0.63	0.34	0.44	0.64		0.32	0.49	0.6	0.82	0.5	0.53
Other Stockholder Equity	0.27	0.31	0.42	-0.39	0.09	0.23	0.35	0.36	0.41	-0.02	0.06	0.53	0.31	0.46	0.53	0.04	0.35	0.35	0.03	0.32		0.33	0.45	0.22	0.17	0.39
Total Liab	0.95	0.99	0.98	-0.29	0.79	0.91	0.98	0.56	0.98	0.58	0.86	0.3	0.99	0.27	0.3	0.84	0.64	0.99	0.77	0.49	0.33		0.77	0.83	0.51	0.94
Property Plant And Equipment Gross	0.81	0.73	0.8	-0.36	0.79	0.55	0.77	0.58	0.81	0.13	0.73	0.0	0.72	0.68	0.0	0.66	0.88	0.69	0.6	0.6	0.45	0.77		0.67	0.84	0.81
Total Current Assets	0.87	0.83	0.73	-0.44	0.69	0.76	0.76	0.68	0.73	0.49	0.88	0.13	0.8	0.33	0.13	0.93	0.5	0.81	0.86	0.82	0.22	0.83	0.67		0.46	0.81
Short Term Debt	0.6	0.45	0.54	-0.1	0.84	0.23	0.48	0.31	0.55	-0.14	0.57	-0.35	0.44	0.79	-0.35	0.44	0.71	0.38	0.51	0.5	0.17	0.51	0.84	0.46		0.57
Common Stock	0.95	0.93	0.94	-0.44	0.82	0.82	0.95	0.67	0.94	0.39	0.85	0.14	0.92	0.38	0.14	0.79	0.72	0.91	0.8	0.53	0.39	0.94	0.81	0.81	0.57

Click cells to compare fundamentals

DTE Energy Account Relationship Matchups

DTE Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	185M	193M	194M	196M	206M	180.2M
Total Assets	41.9B	45.5B	39.7B	42.7B	44.8B	28.3B
Short Long Term Debt Total	17.6B	19.7B	18.3B	19.2B	21.0B	11.0B
Other Current Liab	652M	754M	975M	(1.1B)	700M	652.7M
Total Current Liabilities	4.0B	2.7B	6.3B	5.2B	5.9B	3.4B
Total Stockholder Equity	11.7B	12.4B	8.7B	10.4B	11.1B	7.6B
Property Plant And Equipment Net	25.5B	28.1B	27.0B	28.9B	28.3B	16.6B
Current Deferred Revenue	721M	368M	311M	2.4B	380M	431.0M
Net Debt	17.5B	19.1B	18.2B	19.2B	20.9B	10.9B
Retained Earnings	6.6B	7.2B	3.4B	3.8B	4.4B	3.8B
Accounts Payable	1.1B	1.0B	1.4B	1.6B	1.4B	932.4M
Cash	93M	514M	28M	33M	26M	24.7M
Non Current Assets Total	38.8B	42.0B	36.4B	38.5B	41.2B	25.3B
Non Currrent Assets Other	182M	144M	2.3B	4.8B	7.8B	8.2B
Cash And Short Term Investments	93M	514M	28M	33M	26M	24.7M
Net Receivables	1.9B	1.8B	1.8B	2.2B	1.8B	1.6B
Common Stock Total Equity	5.2B	5.4B	5.4B	6.7B	7.6B	8.0B
Liabilities And Stockholders Equity	41.9B	45.5B	39.7B	42.7B	44.8B	28.3B
Non Current Liabilities Total	26.0B	30.2B	24.7B	27.1B	27.8B	16.0B
Inventory	759M	716M	858M	942M	1.1B	700.6M
Other Current Assets	214M	358M	413M	685M	350M	498.1M
Other Stockholder Equity	164M	10.1B	8M	7.4B	6.7B	4.9B
Total Liab	30.0B	32.9B	31.0B	32.3B	33.7B	20.6B
Property Plant And Equipment Gross	25.5B	28.1B	37.1B	39.3B	37.4B	39.3B
Total Current Assets	3.1B	3.5B	3.3B	4.2B	3.5B	3.1B
Accumulated Other Comprehensive Income	(148M)	(137M)	(112M)	(62M)	(67M)	(70.4M)
Short Term Debt	1.5B	540M	3.6B	2.3B	3.4B	3.6B
Common Stock	5.2B	5.4B	5.4B	6.7B	6.7B	4.0B
Other Liab	10.0B	11.1B	10.1B	10.2B	11.7B	6.7B
Other Assets	6.3B	7.0B	6.8B	4.9B	5.6B	5.4B
Long Term Debt	15.9B	19.0B	14.5B	16.9B	17.4B	10.8B
Property Plant Equipment	25.3B	28.0B	26.9B	28.8B	33.1B	17.7B
Intangible Assets	2.4B	2.3B	177M	166M	156M	148.2M
Retained Earnings Total Equity	6.6B	7.2B	3.4B	3.8B	4.4B	4.6B
Deferred Long Term Liab	4.2B	4.1B	3.5B	4.1B	4.8B	5.0B
Net Tangible Assets	11.7B	12.4B	8.7B	10.4B	9.4B	11.4B

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

0.79	D	Dominion Energy Financial Report 3rd of May 2024	Pair Corr
0.89	ES	Eversource Energy Financial Report 1st of May 2024	Pair Corr
0.83	FE	FirstEnergy Sell-off Trend	Pair Corr

Moving against DTE Stock

0.66	HE	Hawaiian Electric Sell-off Trend	Pair Corr
0.5	EDN	Empresa Distribuidora Financial Report 9th of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In DTE

Details

Is DTE Stock a good investment?

Details

What is DTE Energy's Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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.

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DTE Profit Margin vs Net Income Analysis

Net Profit Margin vs Net Income

Profit Margin vs Net Income Correlation Analysis

Correlation Coefficient

Net Profit Margin

Net Income

DTE Energy fundamental ratios Correlations

DTE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DTE Energy fundamental ratios Accounts

Pair Trading with DTE Energy

Moving together with DTE Stock

Moving against DTE Stock

Complementary Tools for DTE Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total

Current Deferred Revenue	- 0.92	Other Current Liab
Other Current Assets	- 0.6	Other Current Liab
Common Stock	- 0.44	Other Current Liab
Total Current Assets	- 0.44	Other Current Liab
Accounts Payable	- 0.4	Other Current Liab
Other Stockholder Equity	- 0.39	Other Current Liab