Is DTE Energy (DTE) overvalued or fairly valued?

MarketChacha shows DTE Energy's valuation in context — a trailing P/E of about 20.1, a forward P/E of about 15.5, a price-to-book of about 2.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does DTE Energy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.41×) from reported figures — education, not a rating.

What is the share price of DTE Energy (DTE)?

DTE Energy last traded at $129.41 (+2.0% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

DTE Energy

DTE · NYSE · Utilities · United States

Snapshot

TickerDTE

ExchangeNYSE

SectorUtilities

IndustryUtilities - Regulated Electric

CountryUnited States

Employees9,592

HeadquartersDetroit, United States

Websitewww.dteenergy.com

Filings tracked25

About DTE Energy

DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.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 coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. 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 1849 and is based in Detroit, Michigan.

Who owns it

Insiders0.4%
Institutions82.5%
Public & other17.1%

1,336 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.12.35%
Vanguard Capital Management LLC6.04%
Capital Research Global Investors6.01%
State Street Corporation5.40%
Vanguard Portfolio Management LLC5.37%
Capital World Investors4.80%
Geode Capital Management, LLC2.82%
Ameriprise Financial, Inc.2.69%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.41×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $4.0B · EPS 2.27

Est. earnings growth +37.4%

Next fiscal year

Rev $16.6B · EPS 8.36

Est. earnings growth +8.5%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

ROE

11.9%

Profit CAGR (2y)

+2.3%

EPS (FY2025)

7.03

Net profit (FY2025)

$1.5B

Ask MarketChacha about DTE

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$1.5B	7.03	11.9%
FY2024	$1.4B	6.77	12.0%
FY2023	$1.4B	6.76	12.6%

Quarterly

Period	Net profit	EPS
2026Q1	$247.0M	1.19
2025Q3	$419.0M	2.01
2025Q2	$229.0M	1.10
2025Q1	$445.0M	2.14
2024Q3	$477.0M	2.30
2024Q2	$322.0M	1.55
2024Q1	$313.0M	1.51
2023Q3	$332.0M	1.61
2023Q2	$201.0M	0.97
2023Q1	$445.0M	2.16

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC9/8/2026material
8-K — Executive/director change
SEC9/4/2026material
8-K — Results of operations, Exhibits
SEC7/31/2026material
10-Q filing
SEC7/28/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/28/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/22/2026material
8-K — Other events, Exhibits
SEC6/18/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/15/2026material
8-K — Shareholder vote results, Exhibits
SEC5/12/2026material
8-K — Results of operations, Exhibits
SEC5/1/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Reg FD disclosure, Exhibits
SEC3/23/2026material
8-K — Material agreement
SEC3/17/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/9/2026material
8-K — Results of operations, Exhibits
SEC2/27/2026material
8-K — Other events, Exhibits
SEC2/18/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/17/2026material
10-K filing
SEC2/17/2026
8-K — Executive/director change
SEC2/9/2026material

2025

8-K — Other events, Exhibits
SEC12/19/2025material
8-K — Executive/director change, Bylaw/charter change, Exhibits
SEC12/8/2025material
8-K — Reg FD disclosure, Exhibits
SEC12/5/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/7/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.