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DTE Energy (DTE)

(Delayed Data from NYSE)

$105.27 USD

105.27
1,529,225

+2.07 (2.01%)

Updated Apr 17, 2024 04:00 PM ET

After-Market: $105.28 +0.01 (0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 39% (153 out of 251)

Industry: Utility - Electric Power

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Balance Sheet

Research for DTE

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for DTE Energy Company falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 51 43 35 516 93
Receivables 1,787 2,182 1,830 1,792 1,887
Notes Receivable 0 0 0 0 0
Inventories 1,054 942 858 716 759
Other Current Assets 647 1,013 594 474 347
Total Current Assets 3,539 4,180 3,317 3,498 3,086
Net Property & Equipment 28,169 28,767 26,944 27,969 25,317
Investments & Advances 2,375 2,155 2,452 3,919 3,788
Other Non-Current Assets 109 105 90 40 41
Deferred Charges 6,967 4,092 3,482 4,128 4,171
Intangibles 2,149 2,159 2,170 4,805 4,857
Deposits & Other Assets 1,315 1,136 1,167 985 453
Total Assets 44,755 42,683 39,719 45,496 41,882
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,361 1,604 1,414 1,029 1,455
Current Portion Long-Term Debt 3,425 2,286 3,632 507 1,515
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 170 154 140 158 147
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 910 1,116 1,146 964 847
Total Current Liabilities 5,883 5,173 6,346 2,691 3,997
Mortgages 15,819 15,807 13,629 17,802 14,778
Deferred Taxes/Income 2,830 2,576 2,321 2,984 2,481
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,588 1,055 883 1,175 1,146
Non-Current Capital Leases 13 11 19 24 11
Other Non-Current Liabilities 7,459 7,592 7,734 8,120 7,506
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 33,700 32,282 31,006 32,907 30,046
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 6,713 6,651 5,379 5,406 5,233
Capital Surplus 0 0 0 0 0
Retained Earnings 4,404 3,808 3,438 7,156 6,587
Other Equity -62 -58 -104 27 16
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 11,055 10,401 8,713 12,589 11,836
Total Liabilities & Shareholder's Equity 44,755 42,683 39,719 45,496 41,882
Total Common Equity 11,055 10,401 8,713 12,589 11,836
Shares Outstanding 206.20 193.70 193.70 192.60 192.20
Book Value Per Share 53.61 53.70 44.98 65.36 61.58

Fiscal Year End for DTE Energy Company falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 51 66 41 137
Receivables NA 1,787 1,566 1,495 1,693
Notes Receivable NA 0 0 0 0
Inventories NA 1,054 1,110 938 806
Other Current Assets NA 647 678 729 901
Total Current Assets NA 3,539 3,420 3,203 3,537
Net Property & Equipment NA 28,169 27,528 29,696 29,187
Investments & Advances NA 2,375 2,250 2,289 2,225
Other Non-Current Assets NA 109 81 112 68
Deferred Charges NA 6,967 6,893 4,129 4,066
Intangibles NA 2,149 2,152 2,154 2,157
Deposits & Other Assets NA 1,315 1,269 1,224 1,192
Total Assets NA 44,755 43,730 42,921 42,518
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,361 1,135 1,051 1,085
Current Portion Long-Term Debt NA 3,425 1,811 1,225 1,853
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 170 213 173 174
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 910 868 1,132 912
Total Current Liabilities NA 5,883 4,045 3,596 4,036
Mortgages NA 15,819 17,497 17,493 16,597
Deferred Taxes/Income NA 2,830 2,755 2,704 2,648
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,588 1,036 1,036 1,055
Non-Current Capital Leases NA 13 9 9 10
Other Non-Current Liabilities NA 7,422 7,507 7,461
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 33,700 32,876 32,436 31,872
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 6,713 6,697 6,676 6,652
Capital Surplus NA 0 0 0 0
Retained Earnings NA 4,404 4,197 3,862 4,055
Other Equity NA -62 -40 -53 -61
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 11,055 10,854 10,485 10,646
Total Liabilities & Shareholder's Equity NA 44,755 43,730 42,921 42,518
Total Common Equity 0 11,055 10,854 10,485 10,646
Shares Outstanding 206.90 206.20 206.20 206.10 206.10
Book Value Per Share 0.00 53.61 52.64 50.87 51.65