EdgeScore

DTE · NYSE

DTE ENERGY CO: financial statements

Financially weak · see the checkFigures in USD, fiscal years

Revenue and net income

Revenue 2012: $8.8BNet income 2012: $610M2012Revenue 2013: $9.7BNet income 2013: $661M2013Revenue 2014: $12.3BNet income 2014: $905M2014Revenue 2015: $10.3BNet income 2015: $727M2015Revenue 2016: $10.6BNet income 2016: $868M2016Revenue 2017: $12.6BNet income 2017: $1.1B2017
RevenueNet income

Operating and free cash flow

Operating cash flow 2012: $2.2BFree cash flow 2012: $2.2B2012Operating cash flow 2013: $2.2BFree cash flow 2013: $2.2B2013Operating cash flow 2014: $1.8BFree cash flow 2014: $1.8B2014Operating cash flow 2015: $1.9BFree cash flow 2015: $1.9B2015Operating cash flow 2016: $2.1BFree cash flow 2016: $2.1B2016Operating cash flow 2017: $2.1BFree cash flow 2017: $2.1B2017
Operating cash flowFree cash flow

Margins

Operating 2012: 14.5%Operating 2013: 12.5%Operating 2014: 12.9%Operating 2015: 12.0%Operating 2016: 14.0%Operating 2017: 13.6%Net 2012: 6.9%Net 2013: 6.8%Net 2014: 7.4%Net 2015: 7.0%Net 2016: 8.2%Net 2017: 9.0%201220132014201520162017
GrossOperatingNet

Returns

ROE 2012: 8.3%ROE 2013: 8.3%ROE 2014: 10.9%ROE 2015: 8.3%ROE 2016: 9.6%ROE 2017: 11.9%ROIC 2012: 5.8%ROIC 2013: 5.5%ROIC 2014: 6.8%ROIC 2015: 5.2%ROIC 2016: 5.7%ROIC 2017: 6.8%ROA 2012: 2.3%ROA 2013: 2.5%ROA 2014: 3.3%ROA 2015: 2.5%ROA 2016: 2.7%ROA 2017: 3.4%201220132014201520162017
ROEROICROA

Income statement

USD201220132014201520162017Last year
Revenue$8.8B$9.7B$12.3B$10.3B$10.6B$12.6B+19%
Operating income$1.3B$1.2B$1.6B$1.2B$1.5B$1.7B+15%
EBITDA$2.3B$2.3B$2.7B$2.1B$2.5B$2.7B+11%
Interest expense$440M$436M$429M$450M$472M$536M+14%
Profit before tax$960M$922M$1.3B$950M$1.1B$1.3B+16%
Income tax$286M$254M$364M$230M$271M$175M-35%
Net income$610M$661M$905M$727M$868M$1.1B+31%

Cash flow

USD201220132014201520162017Last year
Operating cash flow$2.2B$2.2B$1.8B$1.9B$2.1B$2.1B+2%
Free cash flow$2.2B$2.2B$1.8B$1.9B$2.1B$2.1B+2%
Depreciation & amortization$1.0B$1.1B$1.1B$852M$976M$1.0B+6%

Balance sheet

USD201220132014201520162017Last year
Cash$65.0M$52.0M$48.0M$37.0M$92.0M$66.0M-28%
Inventory$527M$363M$512M$480M$416M$399M-4%
Current assets$2.9B$2.8B$3.0B$2.6B$2.8B$3.1B+12%
Total assets$26.3B$25.9B$27.8B$28.7B$32.0B$33.8B+5%
Current liabilities$2.8B$3.2B$2.6B$2.5B$2.4B$2.8B+15%
Financial debt$8.1B$8.2B$9.0B$9.8B$11.9B$13.0B+10%
Total liabilities$18.9B$18.0B$19.6B$19.9B$22.5B$23.8B+5%
Shareholders' equity$7.4B$7.9B$8.3B$8.8B$9.0B$9.5B+6%
Net debt$8.0B$8.2B$9.0B$9.8B$11.8B$13.0B+10%

Dividend profile

Paying in a row
8+ years
Raised in a row
7 years
Growth per year
6.8%
Paid out of profit
59.5%
Paid out of free cash
26.5%

Latest dividend per share: 3.36 USD. Without share prices EdgeScore shows no dividend yield.

Dividends

USD201220132014201520162017Last year
Dividends paid$407M$445M$470M$501M$531M$592M+11%
Dividend per share2.422.592.692.843.063.36
Dividends / net income66.7%67.3%51.9%68.9%61.2%52.2%
Dividends / free cash flow18.4%20.7%25.5%26.1%25.5%28.0%

Ratios

201220132014201520162017Last year
Operating margin14.5%12.5%12.9%12.0%14.0%13.6%
Net margin6.9%6.8%7.4%7.0%8.2%9.0%
Return on equity8.3%8.3%10.9%8.3%9.6%11.9%
Return on assets2.3%2.5%3.3%2.5%2.7%3.4%
Return on invested capital5.8%5.5%6.8%5.2%5.7%6.8%
Debt / equity1.091.041.081.121.321.37
Net debt / EBITDA3.5x3.6x3.3x4.7x4.8x4.7x
Interest coverage2.9x2.8x3.7x2.8x3.1x3.2x
Current ratio1.050.881.171.021.131.10
Quick ratio0.860.770.970.830.960.95

Data source: SEC EDGAR, company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.

For information and education only. Not investment advice. Data may contain errors.