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DTE Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for DTE Energy and similar public comparables like Ørsted, Atmos Energy, CEZ Group, Ameren and more.
DTE Energy Overview
About DTE Energy
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.
Founded
1995
HQ

Employees
9.7K
Website
Sectors
Financials (LTM)
EV
$57B
DTE Energy Financials
DTE Energy reported last 12-month revenue of $15B and EBITDA of $4B.
In the same LTM period, DTE Energy generated $7B in gross profit, $4B in EBITDA, and $1B in net income.
Revenue (LTM)
DTE Energy P&L
In the most recent fiscal year, DTE Energy reported revenue of $16B and EBITDA of $4B.
DTE Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $15B | XXX | $16B | XXX | XXX | XXX |
| Gross Profit | $7B | XXX | $5B | XXX | XXX | XXX |
| Gross Margin | 45% | XXX | 30% | XXX | XXX | XXX |
| EBITDA | $4B | XXX | $4B | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 28% | XXX | XXX | XXX |
| EBIT Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 9% | XXX | XXX | XXX |
| Net Debt | — | — | $26B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
DTE Energy Stock Performance
DTE Energy has current market cap of $31B, and enterprise value of $57B.
Market Cap Evolution
DTE Energy's stock price is $147.65.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $57B | $31B | 0.0% | XXX | XXX | XXX | $7.04 |
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Start Free TrialDTE Energy Valuation Multiples
DTE Energy trades at 3.7x EV/Revenue multiple, and 12.8x EV/EBITDA.
EV / Revenue (LTM)
DTE Energy Financial Valuation Multiples
As of March 29, 2026, DTE Energy has market cap of $31B and EV of $57B.
Equity research analysts estimate DTE Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
DTE Energy has a P/E ratio of 20.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $31B | XXX | $31B | XXX | XXX | XXX |
| EV (current) | $57B | XXX | $57B | XXX | XXX | XXX |
| EV/Revenue | 3.7x | XXX | 3.6x | XXX | XXX | XXX |
| EV/EBITDA | 12.8x | XXX | 12.8x | XXX | XXX | XXX |
| EV/EBIT | 22.5x | XXX | 22.5x | XXX | XXX | XXX |
| EV/Gross Profit | 8.1x | XXX | 11.8x | XXX | XXX | XXX |
| P/E | 20.5x | XXX | 21.0x | XXX | XXX | XXX |
| EV/FCF | (88.1x) | XXX | (2369.8x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified DTE Energy Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


DTE Energy Margins & Growth Rates
DTE Energy's revenue in the last 12 month declined by (1%).
DTE Energy's revenue per employee in the last FY averaged $1.6M, while opex per employee averaged $0.2M for the same period.
DTE Energy's rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
DTE Energy's rule of X is 19% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
DTE Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (1%) | XXX | (5%) | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 28% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 5% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 19% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
DTE Energy Public Comps
See public comps and valuation multiples for other Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Ørsted | XXX | XXX | XXX | XXX | XXX | XXX |
| Atmos Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| CEZ Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Ameren | XXX | XXX | XXX | XXX | XXX | XXX |
| Power Grid Corporation of India | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
DTE Energy M&A Activity
DTE Energy acquired XXX companies to date.
Last acquisition by DTE Energy was on XXXXXXXX, XXXXX. DTE Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by DTE Energy
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialDTE Energy Investment Activity
DTE Energy invested in XXX companies to date.
DTE Energy made its latest investment on XXXXXXXX, XXXXX. DTE Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by DTE Energy
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout DTE Energy
| When was DTE Energy founded? | DTE Energy was founded in 1995. |
| Where is DTE Energy headquartered? | DTE Energy is headquartered in United States. |
| How many employees does DTE Energy have? | As of today, DTE Energy has over 9K employees. |
| Who is the CEO of DTE Energy? | DTE Energy's CEO is Joi M. Harris. |
| Is DTE Energy publicly listed? | Yes, DTE Energy is a public company listed on NYSE. |
| What is the stock symbol of DTE Energy? | DTE Energy trades under DTE ticker. |
| When did DTE Energy go public? | DTE Energy went public in 1949. |
| Who are competitors of DTE Energy? | DTE Energy main competitors are Ørsted, Atmos Energy, CEZ Group, Ameren. |
| What is the current market cap of DTE Energy? | DTE Energy's current market cap is $31B. |
| What is the current revenue of DTE Energy? | DTE Energy's last 12 months revenue is $15B. |
| What is the current revenue growth of DTE Energy? | DTE Energy revenue growth (NTM/LTM) is (1%). |
| What is the current EV/Revenue multiple of DTE Energy? | Current revenue multiple of DTE Energy is 3.7x. |
| Is DTE Energy profitable? | Yes, DTE Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of DTE Energy? | DTE Energy's last 12 months EBITDA is $4B. |
| What is DTE Energy's EBITDA margin? | DTE Energy's last 12 months EBITDA margin is 29%. |
| What is the current EV/EBITDA multiple of DTE Energy? | Current EBITDA multiple of DTE Energy is 12.8x. |
| What is the current FCF of DTE Energy? | DTE Energy's last 12 months FCF is ($644M). |
| What is DTE Energy's FCF margin? | DTE Energy's last 12 months FCF margin is (4%). |
| What is the current EV/FCF multiple of DTE Energy? | Current FCF multiple of DTE Energy is (88.1x). |
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