DTE
Price:
$124.6
Market Cap:
$25.80B
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storag...[Read more]
Industry
Regulated Electric
IPO Date
1970-01-02
Stock Exchange
NYSE
Ticker
DTE
According to DTE Energy Company’s latest financial reports and current stock price. The company's current ROE is 13.63%. This represents a change of 300.74% compared to the average of 3.40% of the last 4 quarters.
The mean historical ROE of DTE Energy Company over the last ten years is 10.62%. The current 13.63% ROE has changed 28.42% with respect to the historical average. Over the past ten years (40 quarters), DTE's ROE was at its highest in in the March 2022 quarter at 4.45%. The ROE was at its lowest in in the September 2021 quarter at 0.29%.
Average
10.62%
Median
10.64%
Minimum
8.29%
Maximum
12.64%
Discovering the peaks and valleys of DTE Energy Company ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 30.24%
Maximum Annual ROE = 12.64%
Minimum Annual Increase = -23.74%
Minimum Annual ROE = 8.29%
Year | ROE | Change |
---|---|---|
2023 | 12.64% | 21.37% |
2022 | 10.42% | -0.03% |
2021 | 10.42% | -5.37% |
2020 | 11.01% | 9.93% |
2019 | 10.02% | -8.46% |
2018 | 10.94% | -8.23% |
2017 | 11.92% | 23.76% |
2016 | 9.63% | 16.23% |
2015 | 8.29% | -23.74% |
2014 | 10.87% | 30.24% |
The current ROE of DTE Energy Company (DTE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
11.16%
5-year avg
10.90%
10-year avg
10.62%
DTE Energy Company’s ROE is less than Alliant Energy Corporation (13.45%), less than Ameren Corporation (10.90%), less than CenterPoint Energy, Inc. (9.50%), less than Pinnacle West Capital Corporation (9.77%), less than FirstEnergy Corp. (7.47%), less than Edison International (9.78%), less than Public Service Enterprise Group Incorporated (12.88%), less than CMS Energy Corporation (13.25%), less than Evergy, Inc. (10.53%), less than Entergy Corporation (12.01%), less than MGE Energy, Inc. (10.18%),
Company | ROE | Market cap |
---|---|---|
13.45% | $16.25B | |
10.90% | $25.04B | |
9.50% | $20.81B | |
9.77% | $10.57B | |
7.47% | $24.08B | |
9.78% | $33.48B | |
12.88% | $46.04B | |
13.25% | $20.77B | |
10.53% | $14.78B | |
12.01% | $32.39B | |
10.18% | $3.77B |
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