DTE Energy (formerly Detroit Edison until 1996) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada.
| Revenue (TTM) | $16.52B |
| Gross Profit (TTM) | $4.74B |
| EBITDA | $3.55B |
| Operating Margin | 10.20% |
| Return on Equity | 10.40% |
| Return on Assets | 2.78% |
| Revenue/Share (TTM) | $79.78 |
| Book Value | $59.22 |
| Price-to-Book | 2.48 |
| Price-to-Sales (TTM) | 1.84 |
| EV/Revenue | 3.473 |
| EV/EBITDA | 13.39 |
| Quarterly Earnings Growth (YoY) | -44.40% |
| Quarterly Revenue Growth (YoY) | 15.80% |
| Shares Outstanding | $208.03M |
| Float | $206.90M |
| % Insiders | 0.40% |
| % Institutions | 81.76% |
Volatility is currently expanding
DTE Energy NYSE: DTE said it earned operating income of $274 million, or $1.32 per share, in the second quarter of 2026 and said results keep it on track to reach the high end of its full-year operating EPS guidance range.
DTE beats Q2 earnings estimates but posts a year-over-year decline as grid upgrades, storage investments and segment swings shape results.
U.S. Midwest utility DTE Energy beat Wall Street estimates for second-quarter profit on Tuesday, as stronger earnings from its energy trading business helped offset weaker results at its electric and gas operations.
Continued investments to improve reliability and accelerate cleaner energy; invested over $900 million in first half of 2026 to continue improving electric reliability while supporting customer affordability Advanced clean energy and Michigan's economy through a $1.6 billion battery storage investment Expanded renewable energy partnership with the University of Michigan Earned Edison Electric Institute's 2026 Supplier Engagement Excellence Award DETROIT, July 28, 2026 /PRNewswire/ -- DTE Energy (NYSE: DTE) invested more than $2.6 billion in its utilities during the first half of 2026 to strengthen its electric and natural gas infrastructure, improve reliability during extreme weather and deliver cleaner energy for the communities it serves. The company is committed to make significant investments this year to build a stronger, more resilient energy system, while keeping its service safe and affordable for customers.
DTE's Q2 results are likely to reflect grid investments, data center demand and rate-base growth, while higher financing costs could pressure earnings.
DTE Energy is rated Strong Buy with a $165 12-month price target, driven by robust data-center capex visibility and above-peer authorized ROE. The $36.5B five-year capex plan, supported by Google and Oracle contracts, underpins 6–8% long-term EPS growth at a 9.9% authorized ROE. DTE trades at a 7% forward P/E discount to peers, yet offers superior growth and regulatory outcomes, with disciplined capital allocation and dividend coverage.
DTE Energy (DTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DETROIT, July 14, 2026 /PRNewswire/ -- DTE Energy (NYSE: DTE) will announce its second quarter 2026 earnings before the market opens Tuesday, July 28, 2026. The company will conduct a conference call to discuss earnings results at 9:00 a.m.
Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities and developers to lock in orders far in advance.
DTE Energy (NYSE:DTE | DTE Price Prediction) at $151.36 is a hold.
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