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.
Why it matters
- 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.
- 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.
- 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.
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.
Regulated utility monopolies lock in regional residential and commercial customers within defined service territories, supported by a 63rd percentile return on equity.
Revenue growth surges at 26.9% driven by core utility expansion, accelerating significantly compared to historical volatility over prior periods.
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
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.
In the last 90 days of SEC Form 4 filings: 1 sold $679K outside pre-planned sales.
Oct 22, 2026, before the open.
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
Cite this page: Cluenex, “DTE Energy (DTE)”, https://cluenex.com/stocks/dte/, data as of Oct 10, 2026.