DTG - NYSE

DTE Energy Company 2021 Series

DTG·NYSE

$16.77

+0.18%

UtilitiesRegulated Electric

DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.48B

EPS7.0600

P/E Ratio2.38

Earnings Date04/23/2026

54.07B

Assets

11%

3Y+27.0%

5Y+19.0%

10Y+69.0%

41.76B

Total Liabilities

12%

3Y+29.0%

5Y+27.0%

10Y+85.0%

12.31B

Total Equity

3Y+18.0%

5Y-2.0%

10Y+30.0%

DTE Energy Company 2021 Series Funding & Solvency Profile

DTG · NYSE

Current Assets

Cash & Cash Equivalents250.00M

Net Receivables2.15B

Inventory1.38B

Other Current Assets574.00M

Total Current Assets4 B

Non-Current Assets

Property, Plant & Equipment33.92B

Goodwill & Intangible Assets2.18B

Long-Term Investments4.41B

Other Non-Current Assets9.20B

Total Non-Current Assets48 B

Total Assets

54.07B

Financial Health Analysis

Current Ratio

0.80x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

3.39x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-1061000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

8% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

DTE Energy Company 2021 Series Balance Sheet

DTG • NYSE

DTE Energy Company 2021 Series Balance Sheet	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
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	250M	88M	26M	43M	35M	474M	93M	76M	89M	113M	60M	48M	52M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	250M	88M	26M	43M	35M	474M	93M	76M	89M	113M	60M	48M	52M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Receivables	2.1B	1.8B	1.6B	2.2B	1.8B	1.7B	1.9B	1.9B	1.9B	1.6B	1.3B	1.5B	1.7B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accounts Receivables	2B	1.7B	1.6B	2B	1.7B	1.5B	1.6B	1.8B	1.8B	1.5B	1.3B	1.5B	1.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Receivables	118M	137M	0.0	144M	135M	127M	245M	108M	98M	71M	72M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	1.4B	1.2B	1.1B	942M	858M	708M	759M	811M	779M	772M	803M	804M	628M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-250M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Assets	574M	447M	827M	1B	594M	647M	347M	589M	478M	376M	459M	656M	584M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	4.3B	3.6B	3.5B	4.2B	3.3B	3.5B	3.1B	3.3B	3.1B	2.8B	2.6B	3B	2.8B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	33.9B	31.1B	28.3B	28.9B	27B	24.6B	25.5B	21.7B	20.7B	19.7B	18B	16.8B	15.8B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill	2B	2B	2B	2B	2B	2B	2.5B	2.3B	2.3B	2.3B	2B	2B	2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	188M	144M	156M	166M	177M	199M	2.4B	849M	867M	842M	2.1B	102M	122M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	2.2B	2.1B	2.1B	2.2B	2.2B	2.2B	4.9B	3.1B	3.2B	3.1B	4.1B	2.1B	2.1B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	4.4B	3.5B	334M	2.6B	2.9B	2.5B	4B	3.5B	2.9B	2.4B	2.1B	628M	603M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2B	1.9B	4.2B	3.9B	3.8B	3.3B	3.2B	3.1B	2.6B	2.1B	2B	1.8B	1.5B
Other Non-Current Assets	9.2B	8.5B	10.4B	4.9B	4.3B	12.7B	4.8B	2.8B	2B	-121M	-2.1B	1.5B	1.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Assets	49.7B	45.2B	41.2B	38.5B	36.4B	42B	39.2B	33B	30.7B	29.3B	26.1B	24.9B	23.1B	3.2B	3.1B	2.6B	2.1B	2B	1.8B	1.5B
Total Assets	54.1B	48.8B	44.8B	42.7B	39.7B	45.5B	42.3B	36.3B	33.8B	32B	28.7B	27.9B	25.9B	3.2B	3.1B	2.6B	2.1B	2B	1.8B	1.5B
LIABILITIES
CURRENT LIABILITIES
Total Payables	2B	1.4B	1.4B	1.6B	1.4B	1B	1.1B	1.3B	1.2B	1.1B	809M	973M	962M	848M	782M	729M	723M	899M	1.2B	1.1B
Accounts Payable	1.8B	1.4B	1.4B	1.6B	1.4B	1B	1.1B	1.3B	1.2B	1.1B	809M	973M	962M	848M	782M	729M	723M	899M	1.2B	1.1B
Other Payables	242M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	0.0	170M	0.0	0.0	0.0	0.0	127M	111M	96M	89M	86M	90M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Short Term Debt	2.3B	2.4B	3.4B	2.3B	3.6B	523M	1.5B	2.1B	725M	508M	964M	664M	1B	1.1B	945M	1.1B	998M	1.1B	1.5B	1.5B
Capital Lease Obligations (Current)	0.0	26M	20M	0.0	0.0	0.0	0.0	4M	5M	5M	8M	8M	7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	379M	172M	158M	148M	131M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	1.1B	1.3B	910M	1.3B	1.3B	1.2B	994M	874M	642M	601M	527M	846M	1.1B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Liabilities	5.4B	5.1B	5.9B	5.2B	6.3B	2.7B	4B	4.4B	2.8B	2.4B	2.5B	2.6B	3.2B	1.9B	1.7B	1.8B	1.7B	2B	2.7B	2.6B
NON-CURRENT LIABILITIES
Long Term Debt	24B	20.7B	17.4B	16.9B	14.5B	19B	15.9B	12.1B	12.2B	11.3B	8.7B	8.3B	7.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	7M	1M	7M	15M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	3.4B	3B	0.0	2.4B	2.2B	2.1B	2.5B	2.1B	2B	4.3B	4B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	8.7B	8.2B	10.3B	7.8B	7.9B	9.1B	7.9B	9B	8.8B	8.8B	8.6B	8.6B	7.6B	17B	17.2B	16.3B	16.1B	0.0	0.0	0.0
Total Non-Current Liabilities	36.3B	32B	27.8B	27.1B	24.7B	30.2B	26.4B	21.1B	21B	20.1B	17.3B	17B	14.8B	17B	17.2B	16.3B	16.2B	0.0	0.0	0.0
Capital Lease Obligations	249M	211M	141M	79M	93M	107M	138M	7M	1M	7M	15M	11M	18M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	41.8B	37.1B	33.7B	32.3B	31B	32.9B	30.4B	25.6B	23.8B	22.5B	19.9B	19.6B	18B	18.9B	19B	18.1B	17.9B	2B	2.7B	2.6B
SHAREHOLDERS' EQUITY
Common Stock	6.9B	6.8B	6.7B	6.7B	5.4B	5.4B	5.2B	4.2B	4B	4B	4.1B	3.9B	3.9B	3.6B	3.4B	3.4B	3.3B	3.2B	3.2B	3.5B
Retained Earnings	5.5B	4.9B	4.4B	3.8B	3.4B	7.2B	6.6B	6.1B	5.6B	5.1B	4.8B	4.6B	4.2B	3.9B	3.8B	3.4B	3.2B	3B	2.8B	2.6B
Accumulated Other Comprehensive Income/Loss	-39M	-26M	-67M	-62M	-112M	-137M	-148M	-120M	-120M	-133M	4.1B	-155M	-136M	-158M	-158M	-149M	-147M	-165M	-113M	-211M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	18.6B	17.9B	17.9B
Total Stockholders' Equity	12.3B	11.7B	11.1B	10.4B	8.7B	12.4B	11.7B	10.2B	9.5B	9B	8.8B	8.3B	7.9B	7.4B	7B	6.7B	6.3B	24.6B	23.8B	23.8B
Total Equity	12.3B	11.7B	11.1B	10.4B	8.7B	12.6B	11.8B	10.7B	10B	9.5B	8.8B	8.3B	8B	7.4B	7.1B	6.8B	6.3B	24.6B	23.8B	23.8B
Minority Interest	5M	5M	5M	4M	8M	164M	164M	480M	478M	488M	23M	15M	33M	38M	44M	45M	38M	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	54.1B	48.8B	44.8B	42.7B	39.7B	45.5B	42.3B	36.3B	33.8B	32B	28.7B	27.9B	25.9B	3.2B	3.1B	2.6B	2.1B	2B	1.8B	1.5B
Total Investments	4.4B	3.5B	334M	2.6B	2.9B	2.5B	4B	3.5B	2.9B	2.4B	2.1B	628M	603M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	26.5B	23.2B	21B	19.2B	18.3B	19.6B	17.6B	14.2B	12.9B	11.8B	9.7B	9B	8.2B	1.1B	945M	1.1B	998M	1.1B	1.5B	1.5B
Net Debt	26.3B	23.2B	20.9B	19.2B	18.2B	19.1B	17.5B	14.2B	12.8B	11.7B	9.7B	9B	8.2B	1.1B	945M	1.1B	998M	1.1B	1.5B	1.5B
Shares Outstanding	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000	207,683,000

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