DTEDTE ENERGY CO
Electric Services
- Revenue
- —
- Operating margin
- —
- EBITDA
- $4.2B
- 10% YoY
- Market cap
- $28.2B
- Employees
- 9,650
- Net debt / EBITDA
- 5.9×
- $25.0B net debt
- AI in 10-K
- 0.2
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo233% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo26% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo4% of assetsOver 40% of assets
- Shareholder dissentNo88% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$1M · 50th pctBottom quartile of its SIC industry
- Quiet on AIYes0.2 per 10K words · 12th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo5.9× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$28.2B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$822K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Operating income | $1.5B | $1.7B | $2.2B | $2.1B | $2.4B | 14% |
| Net income | $907M | $1.1B | $1.4B | $1.4B | $1.5B | 4.1% |
| Operating cash flow | $3.1B | $2.0B | $3.2B | $3.6B | $3.4B | 6.4% |
| Buybacks | $66M | $55M | $0 | $0 | — | |
| Dividends | $791M | $685M | $752M | $810M | $871M | 7.5% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $822K · 2
- Net
- −$822K
Pay vs performance
No pay-versus-performance disclosure yet.