DTE
Price:
$147.56
Market Cap:
$30.70B
DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services. Its Electric division is responsible for generating, acquiring, delivering, and selling electricity to approximately 2.3 million customers—including households, businesses, and industrial clients—across southeastern Michigan. This power is sourced from diverse facilities, encompassing fossil fuel, pumped-storage hydroelectric, nuclear, wind, and other renewable energy assets. The infrastructure supporting this includes around 698 distribution substations and 449,800 line transformers. The Gas division manages the procurement, storage, transmission, distribution, and sale of natur...[Read more]
Industry
Regulated Electric
IPO Date
1970-01-02
Stock Exchange
NYSE
Ticker
DTE
According to DTE Energy Company’s latest financial reports and current stock price. The company's current Current Ratio is 0.95. This represents a change of -0.89% compared to the average of 0.96 of the last 4 quarters.
The mean historical Current Ratio of DTE Energy Company over the last ten years is 0.85. The current 0.95 Current Ratio has changed 11.14% with respect to the historical average. Over the past ten years (40 quarters), DTE's Current Ratio was at its highest in in the June 2021 quarter at 1.71. The Current Ratio was at its lowest in in the December 2021 quarter at 0.52.
Average
0.85
Median
0.79
Minimum
0.52
Maximum
1.30
Discovering the peaks and valleys of DTE Energy Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 68.36%
Maximum Annual Current Ratio = 1.30
Minimum Annual Increase = -59.79%
Minimum Annual Current Ratio = 0.52
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.80 | 13.79% |
| 2024 | 0.71 | 17.43% |
| 2023 | 0.60 | -25.55% |
| 2022 | 0.81 | 54.59% |
| 2021 | 0.52 | -59.79% |
| 2020 | 1.30 | 68.36% |
| 2019 | 0.77 | 5.11% |
| 2018 | 0.73 | -32.96% |
| 2017 | 1.10 | -3.33% |
| 2016 | 1.13 | 11.27% |
The current Current Ratio of DTE Energy Company (DTE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.70
5-year avg
0.69
10-year avg
0.85
DTE Energy Company’s Current Ratio is greater than Ameren Corporation (0.62), greater than FirstEnergy Corp. (0.52), greater than Eversource Energy (0.65), greater than Fortis Inc. (0.49), less than PPL Corporation (1.00), less than Atmos Energy Corporation (1.00), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (1.92), greater than The Southern Company (0.65), greater than CMS Energy Corporation (0.84), less than AXIA Energia S.A. (2.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.62 | $30.07B | |
| 0.52 | $26.87B | |
| 0.65 | $26.17B | |
| 0.49 | $28.56B | |
| 1.00 | $26.62B | |
| 1.00 | $28.39B | |
| 1.92 | $24.82B | |
| 0.65 | $104.94B | |
| 0.84 | $22.67B | |
| 2.11 | $20.68B |
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What is DTE Energy Company's Current Ratio?
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What is the 5-year average Current Ratio for DTE Energy Company (DTE)?
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