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DTE Energy Company

Utilities US DTE

125.3USD
-1.68(1.32%)

Last update at 2024-10-07T18:56:00Z

Day Range

125.03126.70
LowHigh

52 Week Range

89.32117.11
LowHigh

Fundamentals

  • Previous Close 126.98
  • Market Cap22651.36M
  • Volume373254
  • P/E Ratio18.15
  • Dividend Yield3.53%
  • EBITDA3179.00M
  • Revenue TTM13827.00M
  • Revenue Per Share TTM67.53
  • Gross Profit TTM 3668.00M
  • Diluted EPS TTM6.05

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1112.00M 656.00M 1538.00M 1324.00M 1216.00M
Minority interest 0.00000M -10.00000M 3.00M 3.00M -2.00000M
Net income 1083.00M 907.00M 1368.00M 1169.00M 1120.00M
Selling general administrative 457.00M 431.00M 410.00M 414.00M 405.00M
Selling and marketing expenses - - - - -
Gross profit 3668.00M 3336.00M 3874.00M 3399.00M 3150.00M
Reconciled depreciation 1468.00M 1459.00M 1443.00M 1263.00M 1124.00M
Ebit 1748.00M 1495.00M 1986.00M 1707.00M 1670.00M
Ebitda 3247.00M 3022.00M 3544.00M 3052.00M 2794.00M
Depreciation and amortization 1499.00M 1527.00M 1558.00M 1345.00M 1124.00M
Non operating income net other 39.00M -209.00000M 272.00M 258.00M 181.00M
Operating income 1748.00M 1495.00M 1986.00M 1707.00M 1594.00M
Other operating expenses 17456.00M 13409.00M 10156.00M 10947.00M 12591.00M
Interest expense 675.00M 630.00M 720.00M 641.00M 559.00M
Tax provision 29.00M -130.00000M 167.00M 152.00M 98.00M
Interest income 46.00M 22.00M 38.00M 17.00M 12.00M
Net interest income -629.00000M -608.00000M -682.00000M -624.00000M -547.00000M
Extraordinary items 0.00000M 111.00M 314.00M 214.00M -21.00000M
Non recurring -5.00000M 33.00M 35.00M 15.00M 27.00M
Other items - - - - -
Income tax expense 29.00M -130.00000M 167.00M 152.00M 98.00M
Total revenue 19228.00M 14964.00M 12177.00M 12669.00M 14212.00M
Total operating expenses 1896.00M 1781.00M 1853.00M 1677.00M 1529.00M
Cost of revenue 15560.00M 11628.00M 8303.00M 9270.00M 11062.00M
Total other income expense net -636.00000M -839.00000M -448.00000M -383.00000M 142.00M
Discontinued operations - 117.00M 111.00M 111.00M 111.00M
Net income from continuing ops 1083.00M 786.00M 1371.00M 1172.00M 1118.00M
Net income applicable to common shares 1083.00M 907.00M 1368.00M 1169.00M 1120.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 42683.00M 39719.00M 45496.00M 41882.00M 36288.00M
Intangible assets 166.00M 177.00M 2339.00M 2393.00M 849.00M
Earning assets - - - - -
Other current assets 685.00M 413.00M 358.00M 214.00M 374.00M
Total liab 32282.00M 31006.00M 32907.00M 30046.00M 25571.00M
Total stockholder equity 10397.00M 8705.00M 12425.00M 11672.00M 10237.00M
Deferred long term liab 4139.00M 3482.00M 4128.00M 4171.00M 2202.00M
Other current liab -1124.00000M 975.00M 754.00M 652.00M 702.00M
Common stock 6651.00M 5379.00M 5406.00M 5233.00M 4245.00M
Capital stock 6651.00M 5379.00M 5406.00M 5233.00M 4245.00M
Retained earnings 3808.00M 3438.00M 7156.00M 6587.00M 6112.00M
Other liab 10168.00M 10055.00M 11104.00M 9987.00M 8999.00M
Good will 1993.00M 1993.00M 2466.00M 2464.00M 2293.00M
Other assets 4897.00M 6810.00M 7008.00M 6326.00M 6246.00M
Cash 33.00M 28.00M 514.00M 93.00M 71.00M
Cash and equivalents 33.00M 28.00M 514.00M 93.00M 71.00M
Total current liabilities 5173.00M 6346.00M 2691.00M 3997.00M 4438.00M
Current deferred revenue 2394.00M 311.00M 368.00M 721.00M 299.00M
Net debt 19207.00M 18223.00M 19138.00M 17517.00M 14171.00M
Short term debt 2299.00M 3646.00M 540.00M 1548.00M 2108.00M
Short long term debt 2286.00M 3632.00M 507.00M 1515.00M 2108.00M
Short long term debt total 19240.00M 18251.00M 19652.00M 17610.00M 14242.00M
Other stockholder equity 7414.00M 8.00M 10055.00M 164.00M 480.00M
Property plant equipment 28767.00M 26944.00M 27969.00M 25317.00M 21650.00M
Total current assets 4180.00M 3317.00M 3498.00M 3086.00M 3260.00M
Long term investments 330.00M 2452.00M 3919.00M 3788.00M 3463.00M
Net tangible assets 10397.00M 8705.00M 12425.00M 11672.00M 19229.00M
Short term investments - 187.00M - - -
Net receivables 2182.00M 1830.00M 1792.00M 1887.00M 1897.00M
Long term debt 16862.00M 14531.00M 19001.00M 15935.00M 12127.00M
Inventory 942.00M 858.00M 716.00M 759.00M 811.00M
Accounts payable 1604.00M 1414.00M 1029.00M 1076.00M 1329.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 4.00M 8.00M 164.00M 164.00M 480.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -62.00000M -112.00000M -137.00000M -148.00000M -120.00000M
Additional paid in capital - - - - -
Common stock total equity 6651.00M 5379.00M 5406.00M 5233.00M 4245.00M
Preferred stock total equity - - - - -
Retained earnings total equity 3808.00M 3438.00M 7156.00M 6587.00M 6100.00M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4764.00M 2250.00M 144.00M 182.00M 2893.00M
Deferred long term asset charges - - - - -
Non current assets total 38503.00M 36402.00M 41998.00M 38796.00M 33028.00M
Capital lease obligations 92.00M 107.00M 168.00M 171.00M 7.00M
Long term debt total 16873.00M 14531.00M 19001.00M 15935.00M 12134.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -3431.00000M -63.00000M -98.00000M -243.00000M -613.00000M
Change to liabilities 77.00M -199.00000M 11.00M -317.00000M -2.00000M
Total cashflows from investing activities -3431.00000M -3863.00000M -4070.00000M -5732.00000M -3347.00000M
Net borrowings 988.00M 1294.00M 2020.00M 3169.00M 1315.00M
Total cash from financing activities 1462.00M 315.00M 796.00M 3100.00M 654.00M
Change to operating activities -303.00000M 272.00M 251.00M -34.00000M 266.00M
Net income 1083.00M 903.00M 1371.00M 1172.00M 1118.00M
Change in cash 8.00M -481.00000M 423.00M 17.00M -13.00000M
Begin period cash flow 35.00M 516.00M 93.00M 76.00M 89.00M
End period cash flow 43.00M 35.00M 516.00M 93.00M 76.00M
Total cash from operating activities 1977.00M 3067.00M 3697.00M 2649.00M 2680.00M
Issuance of capital stock 1300.00M 0.00000M 2.00M 2288.00M 0.00000M
Depreciation 1468.00M 1459.00M 1443.00M 1263.00M 1124.00M
Other cashflows from investing activities -3405.00000M -3800.00000M -3972.00000M -5489.00000M -2734.00000M
Dividends paid -685.00000M -791.00000M -760.00000M -692.00000M 620.00M
Change to inventory -98.00000M -153.00000M 45.00M 59.00M -32.00000M
Change to account receivables -352.00000M -146.00000M 111.00M 49.00M -44.00000M
Sale purchase of stock -55.00000M -66.00000M 2902.00M 2725.00M 5.00M
Other cashflows from financing activities 2489.00M -483.00000M -466.00000M -400.00000M 1379.00M
Change to netincome 33.00M 316.00M 392.00M 354.00M 28.00M
Capital expenditures 3378.00M 3772.00M 3857.00M 2997.00M 2713.00M
Change receivables -352.00000M -146.00000M 111.00M 49.00M -44.00000M
Cash flows other operating -234.00000M 887.00M 324.00M 69.00M 488.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes 8.00M -481.00000M 423.00M 17.00M -13.00000M
Change in working capital -751.00000M 398.00M 514.00M -190.00000M 381.00M
Stock based compensation - 375.00M 10.00M 49.00M -29.00000M
Other non cash items 133.00M -36.00000M -48.00000M 26.00M -28.00000M
Free cash flow -1401.00000M -705.00000M -160.00000M -348.00000M -33.00000M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
DTE
DTE Energy Company
-1.68 1.32% 125.30 18.15 16.39 1.64 2.09 3.12 11.62
NEE
Nextera Energy Inc
-3.4 4.05% 80.45 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
-1.59 1.76% 88.72 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
-3.605 3.16% 110.44 20.54 16.34 2.60 1.59 5.34 11.98
NGG
National Grid PLC ADR
-1.05 1.58% 65.45 15.63 13.83 2.41 1.32 5.05 14.80

Reports Covered

Stock Research & News

Profile

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 solar assets. This segment owns and operates approximately 697 distribution substations and approximately 451,900 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 21,000 miles of distribution mains; 1,352,000 service pipelines; and 1,316,000 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, 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 based in Detroit, Michigan.

DTE Energy Company

One Energy Plaza, Detroit, MI, United States, 48226-1279

Key Executives

Name Title Year Born
Mr. Gerardo Norcia CEO & Chairman 1963
Mr. David Ruud Sr. VP & CFO 1966
Mr. Trevor F. Lauer Pres & COO of DTE Electric Company 1964
Mr. Mark W. Stiers Pres and COO of DTE Power & Industrial and Energy Trading 1962
Ms. Angela Buk Chief Investment Officer NA
Ms. Tracy J. Myrick Chief Accounting Officer 1977
Mr. Steven B. Ambrose Chief Information Officer and VP NA
Ms. Barbara Tuckfield Director - Investor Relations NA
Ms. JoAnn Chavez Sr. VP & Chief Legal Officer 1964
Ms. Paula Silver Sr. VP of Corp. Communications & Public Affairs NA

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