DTE Energy CoFRA:DGY +1.31%71 Pretax Margin % is 3.68% as of Mar. 2026, which is 62% below its 10-year median of 9.64. GuruFocus rates FRA:DGY with a GF Score™ of 71/100 and a GF Value™ of €133.96 (Fairly Valued). The stock has 13 warning signs investors should review. Among 503 Utilities - Regulated companies, DTE Energy Co ranks worse than 64.02% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DTE Energy Co's Pre-Tax Income for the
three
months ended in Mar. 2026 was €163 Mil. DTE Energy Co's Revenue for the
three
months ended in Mar. 2026 was €4,447 Mil. Therefore, DTE Energy Co's pretax margin for the quarter that ended in Mar. 2026 was 3.68%.
The historical rank and industry rank for DTE Energy Co's Pretax Margin % or its related term are showing as below:
FRA:DGY'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.38 Med: 9.64 Max: 12.29
Current: 7.94
FRA:DGY's Pretax Margin % is ranked worse than 64.02% of 503
companies
in the Utilities - Regulated industry
Industry Median: 12.07
vs FRA:DGY: 7.94
DTE Energy Co (FRA:DGY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
DTE Energy Co Pretax Margin % Related Terms
DTE Energy Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for DTE Energy Co's Pretax Margin % 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.
FRA:DGY vs AEE, CNP, EIX: Pretax Margin % Comparison
For the Utilities - Regulated Electric subindustry, DTE Energy Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where DTE Energy Co's Pretax Margin % falls into.
* 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 (FRA:DGY) has a Pretax Margin % of 3.68% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DTE Energy Co and its competitors. This is 62% below median its historical median of 9.64. Over the past decade, DTE Energy Co's Pretax Margin % has ranged from 4.38 to 12.29. According to the industry distribution chart, DTE Energy Co ranks #322 out of 503 companies in the Utilities - Regulated industry, placing it in the top 64%.
Is DTE Energy Co's Pretax Margin % too high?
DTE Energy Co's current Pretax Margin % of 3.68% is 62% below median its 10-year median of 9.64. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 12.29. The Utilities - Regulated industry median Pretax Margin % is 12.07. DTE Energy Co's value of 3.68% is 69.5% below this industry median. Based on the distribution chart, DTE Energy Co ranks #322 out of 503 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, DTE Energy Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DTE Energy Co's Pretax Margin % compare to AEE and CNP?
According to the Utilities - Regulated industry distribution chart, DTE Energy Co ranks #322 out of 503 companies for Pretax Margin %. This places DTE Energy Co in the lower half of its industry. The industry median Pretax Margin % is 12.07. DTE Energy Co's value of 3.68% is 69.5% below this benchmark. Historically, DTE Energy Co's own Pretax Margin % has ranged from 4.38 to 12.29 over the past decade. While the company's 10-year median is 9.64 vs. the industry median of 12.07, DTE Energy Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.07, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DTE Energy Co's current Pretax Margin % of 3.68% is 69.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DTE Energy Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DTE Energy Co's current Pretax Margin % is 3.68%, which is 62% below median its own 10-year median of 9.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DTE Energy Co stock overvalued right now?
Based on GuruFocus' analysis, DTE Energy Co (FRA:DGY) is currently considered Fairly Valued. The stock's GF Value™ is €133.96, compared to a current price of €135.25 — trading 1% above its estimated fair value. The current Pretax Margin % is 3.68%, which is 62% below median its 10-year median of 9.64 and 69.5% below the Utilities - Regulated industry median of 12.07. DTE Energy Co's overall GF Score™ is 71/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For DTE Energy Co (FRA:DGY), the current Pretax Margin % is 3.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DTE Energy Co (FRA:DGY) Overvalued in 2026?
Based on GuruFocus' analysis, DTE Energy Co stock appears to be overvalued.
The current stock price of €135.25 is trading 1% above its estimated GF Value™ of €133.96.
GuruFocus considers DTE Energy Co to be Fairly Valued.
Key valuation signals for FRA:DGY:
Pretax Margin %: 3.68% (62% below median its 10-year median of 9.64)
GF Value™: €133.96 vs. price of €135.25 (1% above fair value)
Industry Position: 69.5% below the Utilities - Regulated median (#322 of 503)
No single metric tells the full story. See the FRA:DGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
71GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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