Is it safe?
Can DTE take a bad year?
DTE Energy carries $26.5B of net debt at 6.56× EBITDA: a heavy load to carry through a bad year.
$26.5B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.56×
Net debt / EBITDA · 5.86× a year ago · the load is going up
- Interest cover
- 1.97×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 17%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $26.7B
- Cash and short-term investments
- $238M
- Net debt
- $26.5B
- EBITDA, trailing twelve months
- $4.03B
- Operating profit, trailing twelve months
- $2.16B
- Debt / equity
- 2.17×
- Total debt / EBITDA
- 6.62×
- Annualised volatilitytwo years of daily moves
- 17%
- Worst drawdown on file
- −42%
- Below its 52-week high
- −8.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Electric
Ranks #17 of 37 by Smart Score