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DTE Energy Company(DTE)

F

Financial data as of Dec 31, 2025Declining · Utilities

FCF Margin-6.4%Free Cash Flow / Revenue
Cash Conversion233.2%Operating CF / Net Income
Free Cash Flow-$1.0B
Revenue$15.8B
Net Cash-$26.1BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio0.80Tight short-term liquidity
YoY FCF Growth-93.3%1 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-1Current ratio below 1.0 (0.80)
→
-1Negative FCF in 3 of last 4 quarters
→
-1Significant YoY FCF decline (-93.3%)
→
-1Only 1 positive quarters recently
→
-0.5Highly volatile FCF (consistency: 1.01)
→
FinalF

Analysis Summary

Strengths

  • Excellent cash conversion (233%)

Concerns

  • Negative FCF margin (-6.4%)
  • Net debt position ($26.1B)
  • Current ratio below 1.0 — tight short-term liquidity
  • Only 1 positive FCF quarters recently
  • Significant YoY FCF decline (-93.3%)
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (22% margin) but most is reinvested

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin-6.4%
Net Margin9.2%
Operating CF Margin21.6%
CapEx Ratio28.0%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$26.1BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio0.80Tight liquidity
Debt / Equity2.14High leverage

Quarterly FCF Trend

-93.3% YoYDeclining (-93.3%)

Free cash flow per quarter

Sector Comparison — Utilities

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameDTE Energy Company
SectorUtilities
Free Cash Flow-$1.0B
Revenue$15.8B
Net Income$1.5B
Operating Cash Flow$3.4B
Capital Expenditure$4.4B
FCF Margin-6.4%
Cash Conversion Rate233.2%
Net Margin9.2%
Total Debt$26.3B
Total Cash$208.0M
Net Cash-$26.1B
Current Ratio0.80
Debt / Equity2.14
Debt / FCFN/A
YoY FCF Growth-93.3%
Positive Quarters1 of 5
Trend DirectionDeclining
Report DateDec 31, 2025
GradeF
Data SourceYahoo Finance