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Last update at 2024-10-07T18:56:00Z
DTE Energy breaks ground on three new solar parks, all funded by company’s MIGreenPower program
Thu 26 Sep 24, 12:13 PMShareholders Say Companies Are Using New Tactics to Muzzle Them
Thu 26 Sep 24, 07:30 AMReasons to Add DTE Energy Stock to Your Portfolio Right Now
Wed 25 Sep 24, 12:34 PMDTE or NEE: Which Is the Better Value Stock Right Now?
Mon 23 Sep 24, 03:40 PMAEE Stock Rides on Systemic Investments and Renewable Expansion
Mon 23 Sep 24, 12:30 PMIs DTE Energy Company's (NYSE:DTE) ROE Of 12% Impressive?
Mon 23 Sep 24, 12:09 PMHere's Why You Should Add Evergy Stock to Your Portfolio Right Now
Fri 20 Sep 24, 02:40 PM4 Utility Stocks to Buy on Impending Rate Cuts
Fri 13 Sep 24, 12:10 PMBreakdown | 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 |
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 |
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.
One Energy Plaza, Detroit, MI, United States, 48226-1279
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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