DTE Energy Company

NYSE DTE

DTE Energy Company Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 13.63%

DTE Energy Company Return on Equity (ROE) is 13.63% for the Trailing 12 Months (TTM) ending September 30, 2024, a 16.18% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

DTE Energy Company Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 11.73%, a -8.33% change year over year.
DTE Energy Company Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 12.80%, a 67.77% change year over year.
DTE Energy Company Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 7.63%, a -33.32% change year over year.
DTE Energy Company Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2020 was 11.44%, a 9.71% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NYSE: DTE

DTE Energy Company

CEO	Mr. Gerardo Norcia
IPO Date	Jan. 2, 1970
Location	United States
Headquarters	One Energy Plaza
Employees	9,412
Sector	Utilities
Industries Utilities Coal Electricity Energy Infrastructure & Tools Gas Oil & Gas Petrochemicals Renewables

Description

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 storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.

Key trends

Past 5 years