Dte Energy Co Financials

DTE

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Dte Energy Co (DTE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral

4/9

Dte Energy Co passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

2.33x

For every $1 of reported earnings, Dte Energy Co generates $2.33 in operating cash flow ($3.4B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.2x

Dte Energy Co earns $2.2 in operating income for every $1 of interest expense ($2.4B vs $1.1B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Revenue

N/A

EBITDA

$4.2B

YoY+10.3%

5Y CAGR+8.2%

10Y CAGR+7.3%

Dte Energy Co's EBITDA was $4.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.3% from the prior year.

Free Cash Flow

N/A

Net Income

$1.5B

YoY+4.1%

5Y CAGR+1.3%

10Y CAGR+7.2%

Dte Energy Co reported $1.5B in net income in fiscal year 2025. This represents an increase of 4.1% from the prior year.

EPS (Diluted)

$7.03

YoY+3.8%

5Y CAGR-0.1%

10Y CAGR+5.7%

Dte Energy Co earned $7.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 3.8% from the prior year.

Cash & Debt

$208.0M

YoY+766.7%

5Y CAGR-15.1%

10Y CAGR+18.8%

Dte Energy Co held $208.0M in cash against $25.3B in long-term debt as of fiscal year 2025.

Dividends Per Share

$4.44

YoY+7.0%

5Y CAGR+1.5%

10Y CAGR+4.6%

Dte Energy Co paid $4.44 per share in dividends in fiscal year 2025. This represents an increase of 7.0% from the prior year.

Shares Outstanding

208M

YoY+0.3%

5Y CAGR+1.4%

10Y CAGR+1.5%

Dte Energy Co had 208M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

11.9%

YoY-0.1pp

5Y CAGR+0.9pp

10Y CAGR+3.6pp

Dte Energy Co's ROE was 11.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.1 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

DTE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$2.4B+13.5%	$2.1B-6.8%	$2.2B+28.3%	$1.7B+16.9%	$1.5B-3.9%	$1.6B
Interest Expense	$1.1B+11.0%	$951.0M+20.2%	$791.0M+17.2%	$675.0M+7.1%	$630.0M+4.8%	$601.0M
Income Tax	$88.0M+358.8%	-$34.0M-120.1%	$169.0M+482.8%	$29.0M+122.3%	-$130.0M-451.4%	$37.0M
Net Income	$1.5B+4.1%	$1.4B+0.5%	$1.4B+29.0%	$1.1B+19.4%	$907.0M-33.7%	$1.4B
EPS (Diluted)	$7.03+3.8%	$6.77+0.1%	$6.76+22.5%	$5.52+18.2%	$4.67-34.0%	$7.08

Metric	Q4'25	Q3'25	Q4'24	Q4'23	Q3'24	Q2'24	Q1'24	Q4'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	$619.0M	N/A	N/A	$538.0M+35.5%	$397.0M-39.1%	$652.0M	N/A
Interest Expense	N/A	$271.0M	N/A	N/A	$200.0M+4.2%	$192.0M+0.5%	$191.0M	N/A
Income Tax	N/A	-$6.0M	N/A	N/A	$22.0M-35.3%	$34.0M-32.0%	$50.0M	N/A
Net Income	N/A	$419.0M	N/A	N/A	$332.0M+65.2%	$201.0M-54.8%	$445.0M	N/A
EPS (Diluted)	N/A	$2.01	N/A	N/A	$1.61+66.0%	$0.97-55.1%	$2.16	N/A

DTE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$54.1B+10.7%	$48.8B+9.1%	$44.8B+4.9%	$42.7B+7.5%	$39.7B-12.7%	$45.5B
Current Assets	$4.3B+20.5%	$3.6B+1.9%	$3.5B-15.3%	$4.2B+26.0%	$3.3B-5.2%	$3.5B
Cash & Equivalents	$208.0M+766.7%	$24.0M-7.7%	$26.0M-21.2%	$33.0M+17.9%	$28.0M-94.1%	$472.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$2.0B+20.2%	$1.7B+3.6%	$1.6B-19.9%	$2.0B+20.2%	$1.7B+9.9%	$1.5B
Goodwill	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B
Total Liabilities	$41.8B+12.4%	$37.1B+10.2%	$33.7B+4.4%	$32.3B+4.1%	$31.0B-6.2%	$33.1B
Current Liabilities	$5.4B+5.9%	$5.1B-13.2%	$5.9B+13.7%	$5.2B-18.5%	$6.3B+135.8%	$2.7B
Long-Term Debt	$25.3B+14.3%	$22.1B+12.3%	$19.7B+8.7%	$18.1B+3.5%	$17.5B-10.6%	$19.6B
Total Equity	$12.3B+5.2%	$11.7B+5.9%	$11.1B+6.3%	$10.4B+19.4%	$8.7B-29.9%	$12.4B
Retained Earnings	$5.5B+10.9%	$4.9B+12.3%	$4.4B+15.7%	$3.8B+10.8%	$3.4B-52.0%	$7.2B

Metric	Q4'25	Q3'25	Q4'24	Q4'23	Q3'24	Q2'24	Q1'24	Q4'22
Total Assets	$54.1B+3.9%	$52.0B+6.5%	$48.8B+9.1%	$44.8B+2.3%	$43.7B+1.9%	$42.9B+0.9%	$42.5B-0.4%	$42.7B
Current Assets	$4.3B+15.6%	$3.8B+4.3%	$3.6B+1.9%	$3.5B+3.5%	$3.4B+6.8%	$3.2B-9.4%	$3.5B-15.4%	$4.2B
Cash & Equivalents	$208.0M+511.8%	$34.0M+41.7%	$24.0M-7.7%	$26.0M-27.8%	$36.0M+20.0%	$30.0M-73.9%	$115.0M+248.5%	$33.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$2.0B+45.4%	$1.4B-17.3%	$1.7B+3.6%	$1.6B+17.2%	$1.4B+6.8%	$1.3B-13.9%	$1.5B-25.7%	$2.0B
Goodwill	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B
Total Liabilities	$41.8B+4.7%	$39.9B+7.3%	$37.1B+10.2%	$33.7B+2.5%	$32.9B+1.4%	$32.4B+1.8%	$31.9B-1.3%	$32.3B
Current Liabilities	$5.4B+65.6%	$3.3B-36.0%	$5.1B-13.2%	$5.9B+45.4%	$4.0B+12.5%	$3.6B-10.9%	$4.0B-22.0%	$5.2B
Long-Term Debt	$25.3B+3.3%	$24.5B+10.7%	$22.1B+12.3%	$19.7B+6.3%	$18.5B0.0%	$18.5B+5.0%	$17.7B-2.6%	$18.1B
Total Equity	$12.3B+1.2%	$12.2B+3.9%	$11.7B+5.9%	$11.1B+1.8%	$10.8B+3.5%	$10.5B-1.5%	$10.6B+2.4%	$10.4B
Retained Earnings	$5.5B+2.4%	$5.4B+8.3%	$4.9B+12.3%	$4.4B+4.9%	$4.2B+8.7%	$3.9B-4.8%	$4.1B+6.5%	$3.8B

DTE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$3.4B-6.4%	$3.6B+13.1%	$3.2B+62.9%	$2.0B-35.5%	$3.1B-17.0%	$3.7B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$5.3B-7.1%	-$5.0B-20.9%	-$4.1B-19.4%	-$3.4B+11.2%	-$3.9B+5.1%	-$4.1B
Financing Cash Flow	$2.1B+52.9%	$1.3B+52.3%	$883.0M-39.6%	$1.5B+364.1%	$315.0M-60.4%	$796.0M
Dividends Paid	$871.0M+7.5%	$810.0M+7.7%	$752.0M+9.8%	$685.0M-13.4%	$791.0M+4.1%	$760.0M
Share Buybacks	N/A	$0	$0-100.0%	$55.0M-16.7%	$66.0M	$0

Metric	Q4'25	Q3'25	Q4'24	Q4'23	Q3'24	Q2'24	Q1'24	Q4'22
Operating Cash Flow	$1.0B+65.8%	$632.0M-41.7%	$1.1B+28.3%	$845.0M+37.2%	$616.0M-26.2%	$835.0M-9.6%	$924.0M+63.5%	$565.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.6B+2.4%	-$1.7B-597.9%	-$238.0M+79.4%	-$1.2B-17.4%	-$983.0M-0.6%	-$977.0M+0.4%	-$981.0M-0.3%	-$978.0M
Financing Cash Flow	$744.0M-27.3%	$1.0B+157.5%	-$1.8B-705.8%	$294.0M-25.0%	$392.0M+752.2%	$46.0M-69.5%	$151.0M-62.7%	$405.0M
Dividends Paid	$218.0M0.0%	$218.0M+7.4%	$203.0M+8.0%	$188.0M0.0%	$188.0M0.0%	$188.0M0.0%	$188.0M+9.9%	$171.0M
Share Buybacks	N/A	N/A	N/A	$0	$0	$0	$0	$0

DTE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	11.9%-0.1pp	12.0%-0.6pp	12.6%+2.2pp	10.4%0.0pp	10.4%-0.6pp	11.0%
Return on Assets	2.7%-0.2pp	2.9%-0.2pp	3.1%+0.6pp	2.5%+0.3pp	2.3%-0.7pp	3.0%
Current Ratio	0.80+0.1	0.71+0.1	0.60-0.2	0.81+0.3	0.52-0.8	1.30
Debt-to-Equity	2.06+0.2	1.89+0.1	1.78+0.0	1.74-0.3	2.01+0.4	1.58
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q4'24	Q4'23	Q3'24	Q2'24	Q1'24	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	3.5%	N/A	N/A	3.1%+1.1pp	1.9%-2.3pp	4.2%	N/A
Return on Assets	N/A	0.8%	N/A	N/A	0.8%+0.3pp	0.5%-0.6pp	1.1%	N/A
Current Ratio	0.80-0.3	1.15+0.4	0.71+0.1	0.60-0.2	0.85-0.0	0.89+0.0	0.88+0.1	0.81
Debt-to-Equity	2.06+0.0	2.01+0.1	1.89+0.1	1.78+0.1	1.71-0.1	1.77+0.1	1.66-0.1	1.74
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Dte Energy Co profitable?

Yes, Dte Energy Co (DTE) reported a net income of $1.5B in fiscal year 2025.

What is Dte Energy Co's earnings per share (EPS)?

Dte Energy Co (DTE) reported diluted earnings per share of $7.03 for fiscal year 2025. This represents a 3.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Dte Energy Co's EBITDA?

Dte Energy Co (DTE) had EBITDA of $4.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Dte Energy Co have?

As of fiscal year 2025, Dte Energy Co (DTE) had $208.0M in cash and equivalents against $25.3B in long-term debt.

Does Dte Energy Co pay dividends?

Yes, Dte Energy Co (DTE) paid $4.44 per share in dividends during fiscal year 2025.

What is Dte Energy Co's return on equity (ROE)?

Dte Energy Co (DTE) has a return on equity of 11.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Dte Energy Co's operating cash flow?

Dte Energy Co (DTE) generated $3.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Dte Energy Co's total assets?

Dte Energy Co (DTE) had $54.1B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Dte Energy Co have outstanding?

Dte Energy Co (DTE) had 208M shares outstanding as of fiscal year 2025.

What is Dte Energy Co's current ratio?

Dte Energy Co (DTE) had a current ratio of 0.80 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Dte Energy Co's debt-to-equity ratio?

Dte Energy Co (DTE) had a debt-to-equity ratio of 2.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dte Energy Co's return on assets (ROA)?

Dte Energy Co (DTE) had a return on assets of 2.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Dte Energy Co's Piotroski F-Score?

Dte Energy Co (DTE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dte Energy Co's earnings high quality?

Dte Energy Co (DTE) has an earnings quality ratio of 2.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Dte Energy Co cover its interest payments?

Dte Energy Co (DTE) has an interest coverage ratio of 2.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.