DTE NYSE
Credit Risk of going bust: lower than 78% of companies Debt: 50.4% of company value Bonds: $764.7M held by 532 funds, 69 bp over Treasuries → details ▾
If the stock fell to about $4.99 (down 96%), DTE Energy Company would be worth roughly what it owes.
Total debt $27.84B against a stock market value of $27.41B.
Distance to default 9.09 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $14.90B (short-term plus half of long-term), stock volatility 17.8%; Altman Z'' 0.72. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Detroit, MI 48226-1221
US
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 customersâincluding households, businesses, and industrial clientsâacross 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 natural gas to roughly 1.3 million residential, commercial, and industrial customers statewide in Michigan. This segment also provides natural gas storage and transportation capacity. Its extensive network features approximately 20,000 miles of distribution mains, 1,304,000 service pipelines, 1,305,000 active meters, and about 2,000 miles of transmission pipelines. Through its Power and Industrial Projects segment, DTE Energy supplies metallurgical coke, along with pulverized coal and petroleum coke, to the steel, pulp and paper, and other industrial sectors. This segment also delivers essential services such as power, steam, and chilled water production, wastewater treatment, and compressed air to various industrial clients. Finally, the Energy Trading segment focuses on the marketing and trading of power, natural gas, and environmental commodities. It also undertakes structured transactions and works to optimize its contracted natural gas pipeline transportation and storage assets.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| BRANDON DAVID | A-Award | 294 | — | 2026-10-01 |
| TORGOW GARY | A-Award | 294 | — | 2026-10-01 |
| Lauer Trevor F | S-Sale | 5,000 | $135.71 | 2026-09-01 |
| BRANDON DAVID | A-Award | 241 | — | 2026-07-01 |
| TORGOW GARY | A-Award | 241 | — | 2026-07-01 |