Earnings summaries and quarterly performance for DTE ENERGY.
Executive leadership at DTE ENERGY.
Joi Harris
Detailed
President and Chief Executive Officer
CEO
DR
David Ruud
Detailed
Vice Chairman and Chief Financial Officer
GN
Gerardo Norcia
Detailed
Executive Chairman
JC
JoAnn Chavez
Detailed
Senior Vice President and Chief Legal Officer
LM
Lisa Muschong
Detailed
Vice President, Corporate Secretary and Chief of Staff
MS
Mark Stiers
Detailed
President and Chief Operating Officer, DTE Vantage and Energy Trading
MP
Matthew Paul
Detailed
President and Chief Operating Officer, DTE Electric Company
RR
Robert Richard
Detailed
President and Chief Operating Officer, DTE Gas Company
TM
Tracy Myrick
Detailed
Chief Accounting Officer
TL
Trevor Lauer
Detailed
Vice Chairman and Group President
Board of directors at DTE ENERGY.
CS
Cassandra Santos
Detailed
Director
CM
Charles McClure Jr.
Detailed
Director
DB
David Brandon
Detailed
Director
DT
David Thomas
Detailed
Director
DB
Deborah Byers
Detailed
Director
GM
Gail McGovern
Detailed
Director
GT
Gary Torgow
Detailed
Director
MM
Mark Murray
Detailed
Lead Independent Director
NA
Nicholas Akins
Detailed
Director
RS
Robert Skaggs Jr.
Detailed
Director
VW
Valerie Williams
Detailed
Director
Research analysts who have asked questions during DTE ENERGY earnings calls.
DA
David Arcaro
Morgan Stanley
6 questions for DTE
Also covers: AEP, AES, ATO +35 more
TM
Travis Miller
Morningstar
6 questions for DTE
Also covers: CMS, ES, ETR +10 more
DC
Durgesh Chopra
Evercore ISI
4 questions for DTE
Also covers: AEE, AEP, AES +22 more
JT
Jeremy Tonet
JPMorgan Chase & Co.
4 questions for DTE
Also covers: AEE, AEP, AM +46 more
AW
Andrew Weisel
Scotiabank
3 questions for DTE
Also covers: AEP, BKH, CEG +14 more
AC
Anthony Crowdell
Mizuho Financial Group
3 questions for DTE
Also covers: AEE, AEP, AES +30 more
Nicholas Campanella
Barclays
3 questions for DTE
Also covers: AEE, AEP, AES +33 more
SP
Shahriar Pourreza
Guggenheim Partners
3 questions for DTE
Also covers: AEE, AEP, AVA +29 more
SK
Sophie Karp
KeyBanc Capital Markets Inc.
3 questions for DTE
Also covers: AEE, AEP, AGR +14 more
EN
Eva Nagovich
Jefferies
2 questions for DTE
Michael Lonegan
Evercore ISI
2 questions for DTE
Also covers: AEP, EIX, ETR +7 more
MS
Michael Sullivan
Wolfe
2 questions for DTE
Also covers: AGR, CMS, EVRG +5 more
SP
Shar Pourreza
Wells Fargo
2 questions for DTE
Also covers: AEP, CNP, ES +7 more
AS
Agnieszka Storozynski
BofA Securities
1 question for DTE
Also covers: AES, AGR, AWK +11 more
Julien Dumoulin-Smith
Jefferies
1 question for DTE
Also covers: AEE, AEP, AES +60 more
KL
Konstantin Lednev
Guggenheim Partners
1 question for DTE
Also covers: CNP, EIX, ETR +4 more
PF
Paul Fremont
Ladenburg Thalmann
1 question for DTE
Also covers: AEE, CNP, CPK +18 more
PZ
Paul Zimbardo
Jefferies Financial Group Inc.
1 question for DTE
Also covers: ATO, AWK, CEG +11 more
William Appicelli
UBS
1 question for DTE
Also covers: AEE, AEP, CMS +10 more
Recent press releases and 8-K filings for DTE.
DTE Energy reports Q4 2025 consolidated results
DTE
Earnings
- FY 2025 operating revenues increased to $2,033 million (+$250 million vs. 2024), and net income rose to $296 million (+$37 million).
- Total assets stood at $8,905 million, including $31 million cash; long-term debt was $3,043 million (4.4% avg rate) and short-term borrowings totaled $80 million.
- Maintains strong liquidity with a $300 million unsecured revolver (no drawdowns) and $80 million outstanding commercial paper; debt/capitalization ratio of 0.49×.
- Accrued $25 million for remediation of former manufactured gas plant sites, with recovery under a Michigan rate mechanism.
7 hours ago
DTE Energy announces Q4 2025 results and 2026 outlook
DTE
Earnings
Guidance Update
New Projects/Investments
- DTE delivered $7.36 operating EPS and $1.5 billion of operating earnings in 2025, above the high end of its guidance range.
- For 2026, DTE targets $7.59–$7.73 operating EPS (6–8% growth) and expects to achieve the high end driven by RNG tax credits at DTE Vantage.
- Executed a 1.4 GW data center load contract, with an additional 3 GW in advanced discussions; these projects will drive nearly $2 billion of incremental storage investments.
- Raised its five-year capital investment plan by $6.5 billion to $36.5 billion, emphasizing utility modernization, cleaner generation, and data center load growth.
Feb 17, 2026, 2:00 PM
DTE Energy reports Q4 2025 earnings and guidance
DTE
Earnings
Guidance Update
New Projects/Investments
- Delivered $1.5 billion of operating earnings and $7.36 EPS in 2025, above guidance; 2026 operating EPS is guided to $7.59–$7.73 (6–8% growth).
- Five-year capital plan raised by $6.5 billion to $36.5 billion, driven by utility modernization and data center projects; targeting $500–600 million of annual equity issuances through 2028 to fund investments.
- Secured 1.4 GW of new data center load (construction started) and has 3 GW in advanced discussions, with a pipeline of 3–4 GW—projected to drive >8% EPS CAGR in 2027–2030.
- Advanced clean-energy strategy by placing 330 MW of solar in service (plus 745 MW under construction), operating ~2,500 MW of renewables, and progressing a 220 MW battery and 1,300 MW coal-to-gas conversion.
- Enhanced customer affordability: residential bills at <2% of median income (18% below national average) with $300 million of annual benefits from data center growth; provided $125 million in energy assistance and $15 million in donations in 2025.
Feb 17, 2026, 2:00 PM
DTE Energy reports Q4 2025 earnings and 2026 outlook
DTE
Earnings
Guidance Update
New Projects/Investments
- DTE delivered operating EPS of $7.36 in 2025, above the high end of its original guidance range.
- The company issued 2026 operating EPS guidance of $7.59–$7.73, implying 6%–8% growth over the 2025 midpoint.
- Its five-year capital investment plan was increased by $6.5 billion to $36.5 billion, focused on utility asset modernization, cleaner generation, and data center support.
- DTE executed a contract for 1.4 GW of new data center load (MPS-approved, construction underway) and is in advanced discussions for over 3 GW more, projected to deliver $300 million of annual customer affordability benefits once fully ramped.
Feb 17, 2026, 2:00 PM
DTE Energy reports 2025 investments and earnings
DTE
Earnings
Guidance Update
New Projects/Investments
- Record capital investments of $4.3 billion in 2025, including $3.6 billion for electric reliability and clean energy and $661 million for gas system upgrades.
- 2025 net income of $1.5 billion (or $7.03 per diluted share) versus $1.4 billion ($6.77) in 2024; operating EPS of $7.36 versus $6.83 in 2024.
- Secured a landmark 1.4 GW hyperscale data center agreement to power Oracle’s new Michigan facility, with costs fully covered by Oracle to protect existing customers.
- Confirmed 2026 operating EPS guidance of $7.59–$7.73 per share.
Feb 17, 2026, 12:00 PM
DTE Energy reports 2025 earnings and strategic investments
DTE
Earnings
Guidance Update
New Projects/Investments
- Made record $4.3 billion in 2025 capital investments to enhance reliability and cleaner generation—$3.6 billion in electric and $661 million in gas infrastructure.
- Delivered 2025 net income of $1.5 billion (diluted EPS $7.03) and operating earnings of $1.5 billion (EPS $7.36), both up from 2024.
- Secured a 1.4 GW agreement to power Oracle’s new data center, approved by the Michigan PSC, expected to yield substantial affordability benefits for customers.
- Confirmed 2026 operating EPS guidance of $7.59–$7.73 (6–8% growth).
Feb 17, 2026, 11:58 AM
DTE Energy enters $1.5 billion equity distribution agreement
DTE
- On December 19, 2025, DTE Energy Company entered into an Equity Distribution Agreement with a syndicate of investment banks to offer and sell common stock up to an aggregate of $1.5 billion.
- Sales may be conducted on the NYSE via ordinary brokers’ transactions, block trades, or principal purchases by managers, with a commission of up to 2% of gross proceeds per transaction.
- The agreement also authorizes DTE to enter into related forward sale agreements under master forward confirmations, whereby forward purchasers borrow and sell shares equal to the hedged amount, subject to the same $1.5 billion cap.
Dec 19, 2025, 9:17 PM
DTE Energy updates 2025-26 EPS guidance and expands capital plan
DTE
Guidance Update
New Projects/Investments
- 2025 operating EPS guidance set at $7.09–$7.23 and early 2026 outlook of $7.59–$7.73, reflecting 6–8% growth with confidence in achieving the high end of both ranges.
- 5-year capital plan increased by $6.5 billion to $36.5 billion, driven by data center agreements and cleaner generation investments, aiming to shift utility earnings to 93% of total by 2030.
- Executed a 1.4 GW Oracle data center power agreement (including a 19-year PPA and $2 billion of storage investment) and is in late-stage talks for an additional ~3 GW of load.
- Maintains investment-grade credit ratings (S&P BBB, Moody’s Baa2, Fitch BBB) and targets $500–$600 million of annual equity issuances through 2028 to support growth.
Dec 5, 2025, 9:16 PM
DTE Energy updates 2025 operating EPS guidance and expands investment plan
DTE
Guidance Update
New Projects/Investments
- DTE Energy set its 2025 operating EPS guidance at $7.09–$7.23 and provided a 2026 early outlook of $7.59–$7.73, reflecting 6%–8% growth over the 2025 midpoint and expressing confidence in achieving the high end of both ranges.
- The company increased its 5-year capital investment plan by $6.5 billion to $36.5 billion, driven by data center agreements, cleaner generation projects, and reliability upgrades.
- Executed a 19-year, ~1.4 GW data center power supply agreement supporting a $2 billion energy storage investment, which is expected to deliver ~$300 million in annual affordability benefits to existing customers once fully ramped.
- Maintains an investment-grade credit profile (e.g., DTE Energy at BBB/Baa2/BBB) and is targeting ~15% FFO/Debt, with plans for $500–$600 million of annual equity issuances through 2028 to support its growth agenda.
Nov 7, 2025, 9:16 PM
DTE Energy signs long-term power supply and storage agreements with Oracle subsidiary
DTE
New Projects/Investments
- On October 28, 2025, DTE Electric entered a Primary Supply Agreement with Oracle’s Green Chile Ventures LLC to deliver 1.4 GW of electricity to a new Michigan data center through February 2045, ramping to full delivery by December 2027, with minimum monthly charges and potential early termination fees.
- Simultaneously, DTE Electric executed an Energy Storage Agreement to build and operate 1.4 GW of storage capacity for 15 years (with extension options), with credit support provided by Customer’s parent.
Oct 31, 2025, 8:15 PM
Quarterly earnings call transcripts for DTE ENERGY.
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