Dte Energy Stock Net Income
DTG Stock | USD 19.33 0.09 0.47% |
DTE Energy fundamentals help investors to digest information that contributes to DTE Energy's financial success or failures. It also enables traders to predict the movement of DTE Stock. The fundamental analysis module provides a way to measure DTE Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DTE Energy stock.
Last Reported | Projected for Next Year | ||
Net Income | 1.4 B | 889.4 M | |
Net Income Applicable To Common Shares | 974.7 M | 902.8 M | |
Net Income From Continuing Ops | 1.2 B | 1 B | |
Net Income Per Share | 6.78 | 3.62 | |
Net Income Per E B T | 0.89 | 0.71 |
DTE | Net Income |
DTE Energy Company Net Income Analysis
DTE Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current DTE Energy Net Income | 1.4 B |
Most of DTE Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, DTE Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
DTE Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for DTE Energy is extremely important. It helps to project a fair market value of DTE Stock properly, considering its historical fundamentals such as Net Income. Since DTE Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DTE Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DTE Energy's interrelated accounts and indicators.
DTE Net Income Historical Pattern
Today, most investors in DTE Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various DTE Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of DTE Energy net income as a starting point in their analysis.
DTE Energy Net Income |
Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Based on the recorded statements, DTE Energy reported net income of 1.4 B. This is much higher than that of the sector and significantly higher than that of the Personal Services industry. The net income for all United States stocks is notably lower than that of the firm.
DTE Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DTE Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of DTE Energy could also be used in its relative valuation, which is a method of valuing DTE Energy by comparing valuation metrics of similar companies.DTE Energy is currently under evaluation in net income category among its peers.
DTE Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, DTE Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DTE Energy's managers, analysts, and investors.Environmental | Governance | Social |
DTE Fundamentals
Return On Equity | 0.0752 | ||||
Price To Earning | 16.18 X | ||||
Revenue | 12.74 B | ||||
EBITDA | 3.38 B | ||||
Net Income | 1.4 B | ||||
Cash And Equivalents | 861.91 M | ||||
Cash Per Share | 10.25 X | ||||
Total Debt | 20.97 B | ||||
Debt To Equity | 2.29 % | ||||
Current Ratio | 3.63 X | ||||
Cash Flow From Operations | 3.22 B | ||||
Price To Earnings To Growth | 0.94 X | ||||
Number Of Employees | 5.9 K | ||||
Beta | 0.91 | ||||
Market Capitalization | 26.58 B | ||||
Total Asset | 44.76 B | ||||
Retained Earnings | 4.4 B | ||||
Working Capital | (80.7 M) | ||||
Current Asset | 966.3 M | ||||
Current Liabilities | 1.05 B | ||||
Net Asset | 44.76 B |
About DTE Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DTE Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DTE Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DTE Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:Check out DTE Energy Piotroski F Score and DTE Energy Altman Z Score analysis. For more detail on how to invest in DTE Stock please use our How to Invest in DTE Energy guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTE Energy. If investors know DTE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.0752 |
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.