Stocks · Utilities · Regulated Electric

DTE Energy Company 2021 Series DTG

$15.42 -1.03% Close, Oct 2, 2026 · NYSE · Market cap $3.20B

Next earnings report: Oct 22, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Net debt is 7.0× EBITDA, a high level of leverage.
  2. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
  3. Diluted EPS over the last four quarters was $5.18, down 25.5% year over year.

PromtFinance scores

Each score is a percentile within the Utilities sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth12Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 26%
  • EPS growth (TTM, YoY)Bottom 9%
  • FCF growth (TTM, YoY)Top 48%
  • Revenue growth, 3-year CAGRBottom 4%
  • Revenue growth accelerationBottom 11%
Quality18Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 37%
  • Gross marginBottom 23%
  • Operating marginBottom 15%
  • Cash conversion (OCF / net income)Top 7%
  • Accruals (lower is better)Top 23%
  • Net debt / EBITDA (lower is better)Bottom 6%
  • Interest coverBottom 21%
Value71Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 2%
  • Free-cash-flow yieldBottom 9%
  • EBITDA / enterprise valueTop 15%
  • Sales / enterprise valueTop 10%
  • P/E vs own 5-year history (lower is better)Bottom 36%
Momentum34Weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 15%
  • 6-month returnTop 31%
  • 1-year return vs S&P 500Bottom 22%
  • Distance from 52-week highTop 48%
  • Trend checklist (0–4)Bottom 32%
Revisions33Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 47%
  • Consecutive EPS beatsBottom 39%
Stability26Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 20%
  • Maximum drawdown, 3 yearsBottom 32%
  • Beta vs S&P 500 (lower is better)Bottom 35%
  • Net debt / EBITDA (lower is better)Bottom 6%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)17.0%12.2%↓
EPS growth (YoY)-33.6%-25.5%↑
Gross margin50.0%30.4%↓
Operating margin14.9%11.7%↓
FCF margin18.1%-12.2%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)12.2%17.0%↓Top 26%
EPS growth (TTM, YoY)-25.5%-33.6%↑Bottom 9%
Gross margin30.4%50.0%↓Bottom 23%
Operating margin11.7%14.9%↓Bottom 15%
Net margin6.7%10.2%↓—
Free-cash-flow margin-12.2%18.1%↓—
Return on invested capital3.8%—Bottom 37%
Revenue growth, 3-year CAGR-7.4%—Bottom 4%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
3.00×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-4.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+4.4 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
7.00×
Interest cover (operating income / interest)How many times operating profit covers interest.
1.6×

Shareholder returns

Dividend yield (dividends paid, TTM)
28.19%
Net buyback yield (TTM)
0.00%
Shareholder yield
28.19%
Share count change, 1 year
+0.5%
Share count change, 3-year CAGR
+0.3%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
4 of 8
Average EPS surprise, last 4
+4.3%
Average 2-day reaction, last 8
+0.3%
Positive 20 days after report
1 of 8

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 28, 2026+15.8%+0.8%+0.6%-5.5%—
Apr 30, 2026-3.0%+0.2%+0.4%-1.8%-3.1%
Feb 17, 2026+8.6%+0.8%+0.1%-2.6%-1.0%
Oct 30, 2025-4.3%-0.9%-0.8%-4.7%-2.6%
Jul 29, 2025-20.7%+1.0%+3.5%+3.3%+6.7%
May 1, 2025+6.4%+0.1%+1.5%-2.1%-1.0%
Feb 13, 2025-2.1%+0.7%-1.4%-3.9%-5.1%
Oct 24, 2024+22.3%-0.5%-1.2%-9.3%-10.0%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 28, 2026$1.32$1.14+15.8%$3.50B
Apr 30, 2026$1.95$2.01-3.0%$5.14B
Feb 17, 2026$1.65$1.52+8.6%$4.43B
Oct 30, 2025$2.02$2.11-4.3%$3.53B
Jul 29, 2025$1.11$1.40-20.7%$3.42B
May 1, 2025$2.15$2.02+6.4%$4.44B
Feb 13, 2025$1.41$1.44-2.1%$3.44B
Oct 24, 2024$2.30$1.88+22.3%$2.91B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)3.0×3.2×33thTop 2%
P/E (forward)2.0×———
EV / EBITDA7.8×——Top 15%
EV / Sales1.90×——Top 10%
Free-cash-flow yield-60.44%——Bottom 9%
Earnings yield33.56%——Top 2%

P/E over the past five years

Range 2.4× – 5.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-16.3%
Earnings per share growth (TTM)
-25.5%
Change in P/E multiple
+29.1%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-2.9%
200-day average slope (20 days)
-0.9%
Distance from 50-day average
-3.8%
Distance from 200-day average
-8.5%
RSI (14)
42.5
Relative volume
0.60×

Risk and drawdowns

Volatility, 60 days (annualized)
14.1%
Volatility vs own 5-year history
36th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.24
Correlation with S&P 500
0.28
Current drawdown from 1-year high
-16.4%
Maximum drawdown, 3 years
-32.1%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Dec 31, 2021Sep 29, 2026-42.7%1189 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$3.20B
P/E (TTM)
3.0
EPS, diluted (TTM)
$5.18
Revenue (TTM)
$15.93B
Dividend yield
7.09%
52-week range
$14.70 – $18.48
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$14.96B$19.23B$12.74B$12.46B$15.28B
Gross profit$3.34B$3.67B$4.33B$10.20B$2.58B
Operating income$1.50B$1.75B$2.24B$2.09B$2.05B
Net income$907.0M$1.08B$1.40B$1.40B$1.46B
EPS (diluted)$4.67$5.51$6.77$6.78$7.06
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$2.91B$3.44B$4.44B$3.42B$3.53B$3.90B$5.14B$3.37B
Net income$477.0M$292.0M$445.0M$229.0M$418.0M$370.0M$1.2M$282.0M
EPS (diluted)$2.29$1.41$2.15$1.10$2.02$1.79$0.01$1.36
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$3.08B$1.99B$3.25B$3.67B$3.43B
Capital expenditure-$3.77B-$3.38B-$3.93B-$4.47B-$4.43B
Free cash flow-$687.0M-$1.39B-$689.0M-$794.0M-$1.00B
Dividends paid-$791.0M-$685.0M-$752.0M-$810.0M-$871.0M
Net share buybacks-$66.0M$1.25B$0$0$0

Cash outflows are shown as negative numbers.

Cash and short-term investments
$200.0M
Total assets
$56.23B
Total liabilities
$44.08B
Total debt
$27.21B
Net debt
$27.01B
Shareholders’ equity
$12.15B

As of Jun 30, 2026 (filed Jul 28, 2026).

Dividends

Ex-dateAmountPaid
Aug 17, 2026$0.27Sep 1, 2026
May 15, 2026$0.27Jun 1, 2026
Feb 13, 2026$0.27Mar 2, 2026
Nov 14, 2025$0.27Dec 1, 2025
Aug 15, 2025$0.27Sep 2, 2025
May 16, 2025$0.27Jun 2, 2025
Feb 14, 2025$0.27Mar 3, 2025
Nov 15, 2024$0.27Dec 2, 2024

Short interest

Shares sold short
54,700
Days to cover
1.40
Change vs previous report
+283.1%

FINRA short interest, settlement date Sep 15, 2026.