GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » DTE Energy Co (NYSE:DTE) » Definitions » Profitability Rank

DTE Energy Co (DTE Energy Co) Profitability Rank : 7 (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is DTE Energy Co Profitability Rank?

DTE Energy Co has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

DTE Energy Co's Operating Margin % for the quarter that ended in Mar. 2024 was 15.93%. As of today, DTE Energy Co's Piotroski F-Score is 6.


Competitive Comparison of DTE Energy Co's Profitability Rank

For the Utilities - Regulated Electric subindustry, DTE Energy Co's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where DTE Energy Co's Profitability Rank falls into.



DTE Energy Co Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

DTE Energy Co has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

DTE Energy Co's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=516 / 3240
=15.93 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

DTE Energy Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

DTE Energy Co operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


DTE Energy Co Profitability Rank Related Terms

Thank you for viewing the detailed overview of DTE Energy Co's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


DTE Energy Co (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
Joann Chavez officer: Sr VP & Chief Legal Officer 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
Lisa A. Muschong officer: Corporate Secretary ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick officer: Chief Accounting 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
Trevor F Lauer officer: President and COO-DTE Electric ONE ENERGY PLAZA, DETROIT MI 48226
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
Matthew T. Paul officer: President & COO DTE Gas Co. ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Peter B Oleksiak officer: Sr. Vice President and CFO ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers officer: President and COO - DTE Gas ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow director 235 EAST MAIN STREET, MIDLAND MI 48640

DTE Energy Co (DTE Energy Co) Headlines

From GuruFocus

Q1 2023 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2020 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2019 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

DTE Energy Co To Provide a Business Update Transcript

By GuruFocus Research 01-22-2024

Q2 2019 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2019 DTE Energy Co Earnings Call Transcript

By GuruFocus Research 01-22-2024