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DTE Energy DTE

DTE Energy scores weak on business quality (3.8 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$126.90Oct 9, 2026
Business qualityWeak
Next earningsOct 22, 2026, before the open
Insiders, 90 daysSelling

Why it matters

  1. What DTE Energy does

    DTE Energy provides electricity and natural gas to millions of residents and businesses in Michigan, generating revenue through regulated utility rates approved by state authorities.

  2. What it does best

    DTE scales regional utility services effectively, ranking in the top decile for revenue growth at 99th percentile, outpacing peers like SRE at 3.9% with its own 26.9% revenue growth rate.

  3. The main risk

    Interest coverage sits at 1.96x, meaning operating earnings barely cover debt servicing costs as capital expenditures surge to $5.3B, leaving the balance sheet vulnerable to rate-case delays.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margin of 13.7% and a negative free cash flow margin reflect heavy capital spending, and profitability compresses as massive infrastructure investments scale up.

MoatWeak

Regulated utility monopolies lock in regional residential and commercial customers within defined service territories, supported by a 63rd percentile return on equity.

GrowthSteady

Revenue growth surges at 26.9% driven by core utility expansion, accelerating significantly compared to historical volatility over prior periods.

Financial healthWeak

Total debt of $26.0B outweighs cash of $208M, while free cash flow sits at negative $1.9B due to heavy capex, making the balance sheet increasingly softer.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $679K outside pre-planned sales.

Our sealed record on DTE

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is DTE a good business?

DTE Energy scores weak on the Cluenex quality check (3.8 of 10), measured against its own industry. Profitability is weak, moat weak, growth steady and financial health weak.

Are insiders buying DTE?

In the last 90 days of SEC Form 4 filings: 1 sold $679K outside pre-planned sales.

When does DTE report earnings?

Oct 22, 2026, before the open.

For members

See DTE today

  • Today's verdict on DTE, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “DTE Energy (DTE)”, https://cluenex.com/stocks/dte/, data as of Oct 10, 2026.