DTE Financials DTE Energy

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 4, 2026, 19:39 UTC Overview →

Growth & profitability

Revenue has grown 7.5% per year over the past 5 years.
Net income has grown slower than revenue (1.3% vs 7.5% per year).

Financial health

Total debt ($26.2B) exceeds cash ($208M); net debt is $26.0B.
Total debt has grown in line with revenue (5.9% vs 7.5% per year).
Operating income covered interest expense 2.2× in the latest year, down from 2.6× 5 years ago.
Total debt is 6.2× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 59.6% of earnings.
The dividend has grown 2.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	—	$1.5B	—	—	11.9%	2.7%	—	$26.2B	$208M
2024	—	$1.4B	—	—	12.0%	2.9%	—	$23.2B	$24M
2023	—	$1.4B	—	—	12.6%	3.1%	—	$21.0B	$26M
2022	—	$1.1B	—	—	10.4%	2.5%	—	$19.3B	$33M
2021	—	$907M	—	—	10.4%	2.3%	—	$18.3B	$28M
2020	—	$1.4B	—	—	11.0%	3.0%	—	$19.6B	$472M
2019	—	$1.2B	—	—	10.0%	2.8%	—	$17.6B	$93M
2018	—	$1.1B	—	—	10.9%	3.1%	—	$14.4B	$71M
2017	$12.6B	$1.1B	0.0%	13.6%	11.9%	3.4%	—	$13.0B	$66M
2016	$10.6B	$868M	0.0%	14.0%	9.6%	2.7%	—	$11.9B	$92M
2015	$10.3B	$727M	0.0%	12.0%	8.3%	2.5%	—	$9.8B	$37M
2014	$12.3B	$905M	0.0%	12.9%	10.9%	3.3%	—	$9.0B	$48M
2013	$9.7B	$661M	0.0%	12.5%	8.3%	2.5%	—	$8.2B	$52M
2012	$8.8B	$610M	0.0%	14.5%	8.3%	2.3%	—	$8.1B	$65M
2011	$8.9B	$711M	0.0%	16.0%	10.1%	2.7%	—	$8.1B	$68M

Net income

Return on equity & assets (ROE / ROA)

ROEROA

Shareholders' equity (book value)

Equity

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	—	$247M	—	—	2.0%	0.4%	—	—	$238M
Dec '25	—	$369M	—	—	3.0%	0.7%	—	$26.2B	$208M
Sep '25	—	$419M	—	—	3.4%	0.8%	—	—	$34M
Jun '25	—	$229M	—	—	2.0%	0.5%	—	—	$32M
Mar '25	—	$445M	—	—	3.7%	0.9%	—	—	$33M
Dec '24	—	$292M	—	—	2.5%	0.6%	—	$23.2B	$24M
Sep '24	—	$477M	—	—	4.1%	1.0%	—	—	$969M
Jun '24	—	$322M	—	—	2.9%	0.7%	—	—	$20M
Mar '24	—	$313M	—	—	2.8%	0.7%	—	—	$292M
Dec '23	—	$419M	—	—	3.8%	0.9%	—	$21.0B	$26M
Sep '23	—	$332M	—	—	3.1%	0.8%	—	—	$36M
Jun '23	—	$201M	—	—	1.9%	0.5%	—	—	$30M
Mar '23	—	$445M	—	—	4.2%	1.0%	—	—	$115M
Dec '22	—	$265M	—	—	2.5%	0.6%	—	$19.3B	$33M
Sep '22	—	$387M	—	—	4.3%	0.9%	—	—	$26M
Jun '22	—	$37M	—	—	0.4%	0.1%	—	—	$67M
Mar '22	—	$394M	—	—	4.4%	1.0%	—	—	$150M
Dec '21	—	$306M	—	—	3.5%	0.8%	—	$18.3B	$28M
Sep '21	—	$25M	—	—	0.3%	0.1%	—	—	$54M
Jun '21	—	$179M	—	—	1.4%	0.4%	—	—	$3.4B

Valuation over time

How the market has priced DTE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 21.0× (Mar '23) to 19.3× (Nov '26).
The dividend yield has risen from 3.0% (Mar '23) to 3.1% (Nov '26).

Price / earnings (P/E)

P/E

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is DTE growing its revenue and profit?

Over the past 5 years, DTE Energy's revenue has grown 7.5% per year, and net income grown 1.3% per year. These are computed facts, not advice.

How much debt does DTE have?

As of FY2025, DTE Energy reported $26.2B of total debt against $208M of cash; operating income covered interest expense 2.2×.

What is DTE's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin —.

What is DTE's P/E ratio?

DTE Energy's P/E (TTM) is 22.37 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DTE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 19.3× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.