DTE - NYSE
DTE Energy Company
$142.73
+0.65%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 SnapshotDTE Energy Company Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
DTE Energy Company Income Statement
DTE • NYSE
| DTE Energy Company Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
15.8B | 12.5B | 12.7B | 19.2B | 15B | 11.4B | 12.2B | 14.2B | 12.6B | 10.6B | 10.3B | 12.3B | 9.7B | 8.8B | 8.9B | 8.6B | 8B | 9.3B | 8.5B | 9B | |
GROSS PROFIT | ||||||||||||||||||||
(2.4B) | (8.1B) | (8.4B) | (15.6B) | (11.6B) | (8.1B) | (9.1B) | (11.1B) | (9.4B) | (7.8B) | (7.8B) | (9.2B) | (7B) | (6.2B) | (6.1B) | (5.8B) | (3.1B) | (4.3B) | (3.6B) | (3B) | |
13.4B | 4.3B | 4.3B | 3.7B | 3.3B | 3.3B | 3B | 3.2B | 3.2B | 2.8B | 2.6B | 3.1B | 2.6B | 2.6B | 2.7B | 2.8B | 4.9B | 5B | 4.9B | 5.1B | |
OPERATING INCOME | ||||||||||||||||||||
(11.1B) | (2.2B) | (2.1B) | (1.9B) | (1.8B) | (1.7B) | (1.6B) | (1.6B) | (1.5B) | (1.4B) | (1.3B) | (1.5B) | (1.4B) | (1.3B) | (1.3B) | (1.3B) | (3.6B) | (3.8B) | (3.3B) | (4B) | |
(0.0) | (0.0) | (9M) | -1M | (17M) | (50M) | (39M) | (37M) | (65M) | (41M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
2.4B | 2.1B | 2.2B | 1.7B | 1.5B | 1.6B | 1.4B | 1.6B | 1.7B | 1.5B | 1.2B | 1.6B | 1.2B | 1.3B | 1.4B | 1.5B | 1.2B | 1.3B | 1.6B | 1.1B | |
PRE-TAX INCOME | ||||||||||||||||||||
(1.1B) | (951M) | (791M) | (675M) | (630M) | (601M) | (568M) | (559M) | (536M) | (472M) | (450M) | (429M) | (436M) | (440M) | (488M) | (543M) | (545M) | (503M) | (0.0) | (0.0) | |
-936M | -815M | -734M | -629M | -608M | -572M | -559M | -547M | -524M | -452M | -437M | -419M | -427M | -430M | -478M | -531M | -526M | -484M | 0.0 | 0.0 | |
(11.1B) | (2.2B) | (2.1B) | (1.9B) | (1.8B) | (1.7B) | (1.6B) | (1.5B) | (1.4B) | (1.3B) | (1.3B) | (1.5B) | (1.4B) | (1.3B) | (1.3B) | (1.3B) | (3.6B) | (3.8B) | (3.3B) | (4B) | |
-824M | -721M | -677M | -636M | -839M | -473M | -417M | -378M | -424M | -381M | -289M | -315M | -281M | -319M | -430M | -508M | -467M | -444M | -454M | -532M | |
1.6B | 1.4B | 1.6B | 1.1B | 656M | 1.1B | 1B | 1.2B | 1.3B | 1.1B | 950M | 1.3B | 922M | 960M | 991M | 962M | 782M | 819M | 1.2B | 535M | |
NET INCOME | ||||||||||||||||||||
(88M) | -34M | (169M) | (29M) | -130M | (37M) | (71M) | (98M) | (175M) | (271M) | (230M) | (364M) | (254M) | (286M) | (268M) | (315M) | (247M) | (288M) | (364M) | (146M) | |
1.5B | 1.4B | 1.4B | 1.1B | 907M | 1.4B | 1.2B | 1.1B | 1.1B | 868M | 727M | 905M | 661M | 610M | 711M | 630M | 532M | 546M | 971M | 433M |
SEC Filings
DTE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 12, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | May 01, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 23, 2026 | March 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 16, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 27, 2026 | 2026 |
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Research Paths
Snapshot
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Value Model
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Statements
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Analyst Expectations
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