DTE Energy Company

DTE Energy Company

DTEยทNYSE

$142.73

+0.65%
UtilitiesRegulated Electric

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.

At a Glance

Live Snapshot
Market Cap$29.69B
EPS7.0600
P/E Ratio20.22
Earnings Date08/04/2026
DTE Energy Company

DTE Energy Company Fair Value Envelope

DTE ยท NYSE

Our analysis suggests that DTE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $142.73, this represents a potential HIDDEN relative to our calculated worth for DTE Energy Company.

Intrinsic Value
Current Price: $142.73

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$8.2B
+ Cash & Equivalents$250.0M
Firm Value$8.5B
- Debt$26.5B
Equity Value-$18.1B
/ Shares Outstanding207,683,012B
DCF Value-$87
OVERVALUED BY 161%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$2.7B
$2.1B
$1.7B
$1.3B
$1.0B
$795.7M
$623.8M
$489.1M
$383.4M
$300.6M
Maintenance CapEx
-$694.5M
-$544.4M
-$426.8M
-$334.6M
-$262.3M
-$205.7M
-$161.2M
-$126.4M
-$99.1M
-$77.7M
Owner Earnings
$2.0B
$1.6B
$1.2B
$960.0M
$752.6M
$590.0M
$462.6M
$362.6M
$284.3M
$222.9M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.8B
$1.3B
$972.0M
$705.6M
$512.2M
$371.8M
$269.9M
$195.9M
$142.2M
$103.2M
Terminal Value represents 21.4% of Enterprise Value