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DTE (DTE Energy Co) Capex-to-Revenue : 0.39 (As of Sep. 2024)


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What is DTE Energy Co Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

DTE Energy Co's Capital Expenditure for the three months ended in Sep. 2024 was $-1,128.00 Mil. Its Revenue for the three months ended in Sep. 2024 was $2,906.00 Mil.

Hence, DTE Energy Co's Capex-to-Revenue for the three months ended in Sep. 2024 was 0.39.


DTE Energy Co Capex-to-Revenue Historical Data

The historical data trend for DTE Energy Co's Capex-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DTE Energy Co Capex-to-Revenue Chart

DTE Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.34 0.25 0.18 0.31

DTE Energy Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Capex-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.33 0.32 0.36 0.39

Competitive Comparison of DTE Energy Co's Capex-to-Revenue

For the Utilities - Regulated Electric subindustry, DTE Energy Co's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DTE Energy Co's Capex-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where DTE Energy Co's Capex-to-Revenue falls into.



DTE Energy Co Capex-to-Revenue Calculation

DTE Energy Co's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-3934) / 12745
=0.31

DTE Energy Co's Capex-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-1128) / 2906
=0.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DTE Energy Co  (NYSE:DTE) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.


DTE Energy Co Capex-to-Revenue Related Terms

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DTE Energy Co Business Description

Traded in Other Exchanges
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.
Executives
Trevor F Lauer officer: President and COO-DTE Electric ONE ENERGY PLAZA, DETROIT MI 48226
Lisa A. Muschong officer: Corporate Secretary ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers officer: President and COO - DTE Gas ONE ENERGY PLAZA, DETROIT MI 48226
Joann Chavez officer: Sr VP & Chief Legal Officer ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Robert A. Richard officer: Executive Vice President ONE ENERGY PLAZA, DETROIT MI 48226
Joi M. Harris officer: Pres. & COO - DTE Gas Company ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick officer: Chief Accounting Officer ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Matthew T. Paul officer: President & COO DTE Gas Co. ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Gerard M Anderson director, officer: Chairman and CEO ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
David A Thomas director ONE ENERGY PLAZA, DETROIT MI 48226
Mark C. Rolling officer: VP Controller & CAO ONE ENERGY PLAZA, DETROIT MI 48226
David E Meador officer: Vice Chairman and CAO ONE ENERGY PLAZA, DETROIT MI 48226
Peter B Oleksiak officer: Sr. Vice President and CFO ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow director 235 EAST MAIN STREET, MIDLAND MI 48640