DTE Market Cap from 2010 to 2024
DTE Stock | USD 120.25 0.07 0.06% |
Market Cap | First Reported 2010-12-31 | Previous Quarter 15.3 B | Current Value 16.1 B | Quarterly Volatility 3.7 B |
Check DTE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTE Energy's main balance sheet or income statement drivers, such as Interest Expense of 830.5 M, Total Revenue of 8.4 B or Gross Profit of 4.1 B, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0565 or PTB Ratio of 1.1. DTE financial statements analysis is a perfect complement when working with DTE Energy Valuation or Volatility modules.
DTE | Market Cap |
Latest DTE Energy's Market Cap Growth Pattern
Below is the plot of the Market Cap of DTE Energy over the last few years. It is DTE Energy's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DTE Energy's overall financial position and show how it may be relating to other accounts over time.
Market Cap | 10 Years Trend |
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Market Cap |
Timeline |
DTE Market Cap Regression Statistics
Arithmetic Mean | 15,014,820,301 | |
Geometric Mean | 13,835,848,842 | |
Coefficient Of Variation | 24.89 | |
Mean Deviation | 1,752,436,779 | |
Median | 15,288,165,000 | |
Standard Deviation | 3,736,830,264 | |
Sample Variance | 13963900.4T | |
Range | 15B | |
R-Value | 0.56 | |
Mean Square Error | 10376895.1T | |
R-Squared | 0.31 | |
Significance | 0.03 | |
Slope | 465,199,532 | |
Total Sum of Squares | 195494605.9T |
DTE Market Cap History
About DTE Energy Financial Statements
DTE Energy stakeholders use historical fundamental indicators, such as DTE Energy's Market Cap, to determine how well the company is positioned to perform in the future. Although DTE Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in DTE Energy's assets and liabilities are reflected in the revenues and expenses on DTE Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DTE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Market Cap | 15.3 B | 16.1 B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:Check out the analysis of DTE Energy Correlation against competitors. For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DTE Energy. If investors know DTE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.425 | Dividend Share 4.08 | Earnings Share 7.38 | Revenue Per Share 60.048 | Quarterly Revenue Growth 0.006 |
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.