DTE Energy Company
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
19.2517.9116.6715.58
Price/Sales ratio
1.951.831.991.93
Earnings per Share (EPS)
$7.21$7.74$8.32$8.90

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
14.3716.7917.2814.7015.1617.4814.5725.4321.1616.2516.4015.16
Price/Sales ratio
1.051.181.411.321.191.611.631.541.191.782.031.19
Price/Book Value ratio
1.561.391.661.751.651.751.602.652.202.052.161.65
Price/Cash Flow ratio
7.076.397.197.876.337.715.397.5211.597.057.336.33
Price/Free Cash Flow ratio
-61.94-112.04384.71-125.34-514.75-58.74-124.60-32.72-16.35-31.81-27.37-514.75
Price/Earnings Growth ratio
0.40-0.800.880.48-7.378.321.19-0.741.130.73-8.738.32
Dividend Yield
3.61%4.10%3.53%3.55%3.64%3.38%3.81%3.42%2.98%3.31%3.41%3.38%
Profitability Indicator Ratios
Gross Profit Margin
24.99%24.77%26.32%24.65%22.16%26.82%31.81%22.29%19.07%33.95%27.94%22.16%
Operating Profit Margin
12.92%11.98%13.59%13.05%11.21%13.47%16.30%9.99%9.09%17.59%16.91%11.21%
Pretax Profit Margin
10.36%9.19%10.39%10.20%8.55%10.45%12.63%4.38%5.78%12.28%12.38%8.55%
Net Profit Margin
7.35%7.03%8.16%8.99%7.88%9.22%11.23%6.06%5.63%10.96%12.39%7.88%
Effective Tax Rate
28.54%24.21%24.52%13.59%8.05%11.48%10.85%-19.81%2.60%10.79%-0.06%11.48%
Return on Assets
3.23%2.52%2.70%3.35%3.08%2.79%3.00%2.28%2.53%3.12%3.07%3.07%
Return On Equity
10.86%8.28%9.63%11.92%10.94%10.01%11.01%10.41%10.41%12.64%13.63%10.94%
Return on Capital Employed
6.26%4.72%4.88%5.31%5.00%4.50%4.63%4.47%4.66%5.77%4.85%4.85%
Liquidity Ratios
Current Ratio
1.191.011.131.090.730.771.29N/AN/AN/A0.820.73
Quick Ratio
0.880.700.810.810.550.581.030.380.620.420.620.55
Cash ratio
0.010.010.030.020.010.020.190.000.000.000.140.01
Days of Sales Outstanding
47.4147.5954.6953.7348.7154.3646.2244.6341.4251.1747.6654.36
Days of Inventory outstanding
31.8037.6935.9729.9326.7529.8831.4726.9322.0945.7057.0426.75
Operating Cycle
79.2285.2990.6783.6675.4784.2577.6971.5663.5196.87104.7175.47
Days of Payables Outstanding
38.4937.9750.2844.9943.8542.3643.9644.3837.6259.0152.9043.85
Cash Conversion Cycle
40.7347.3140.3938.6731.6241.8833.7327.1825.8937.8651.8031.62
Debt Ratios
Debt Ratio
0.320.330.360.380.390.410.420.450.440.460.490.39
Debt Equity Ratio
1.081.101.301.351.391.491.562.081.841.882.121.39
Long-term Debt to Capitalization
0.500.490.550.560.540.570.600.620.610.610.630.54
Total Debt to Capitalization
0.510.520.560.570.580.590.610.670.640.650.670.58
Interest Coverage Ratio
3.672.983.123.192.942.722.84N/AN/AN/A2.292.72
Cash Flow to Debt Ratio
0.200.190.170.160.180.150.180.160.100.150.130.15
Company Equity Multiplier
3.353.273.553.543.543.583.664.564.104.054.293.54
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.180.190.160.180.200.300.200.100.250.270.18
Free Cash Flow / Operating Cash Flow Ratio
-0.11-0.050.01-0.06-0.01-0.13-0.04-0.22-0.70-0.22-0.26-0.13
Cash Flow Coverage Ratio
0.200.190.170.160.180.150.180.160.100.150.130.15
Short Term Coverage Ratio
2.731.964.062.91.271.747.290.840.860.940.821.74
Dividend Payout Ratio
51.93%68.91%61.17%52.20%55.35%59.19%55.55%87.21%63.25%53.82%51.92%59.19%