DTE Energy Company

DTENYSEUtilities● Active

$144.52

$-1.26(-0.86%)

Market Cap$30.1B

P/E Ratio—

52W High$154.63

52W Low$126.23

Avg Volume1.4M

Open$145.24

Beta0.39

Overview

DTE Energy Company (DTE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DTE · free cash flow · updated Jun 8, 2026

Core FCF metrics

DTE · FCF · TTM · margin & CAGR

Free cash flow was −$1.00B for FY2025 (fiscal year ending 2025-12-31), down 21.6% year-over-year The FCF margin was -6.3%.

FY2025 Free Cash Flow−$1.00B▼ -21.6% YoY

Trailing 12M (TTM)−$1.47Btrailing 4 quarters sum

FCF Margin-6.3%−$1.00B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DTE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$3.43B(4.43B)−$1.00B▼ 21.6%-6.3%

FY2024$3.64B(4.47B)−$824.0M▼ 15.4%-6.6%

FY2023$3.22B(3.93B)−$714.0M▲ +49.0%-5.6%

FY2022$1.98B(3.38B)−$1.40B▼ 98.7%-7.3%

FY2021$3.07B(3.77B)−$705.0M▼ 340.6%-4.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DTE · P/FCF · FCF yield · FCF per share

DTE Energy Company (DTE) reported negative free cash flow of −$1.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

DTE · cash flow statement · operating / investing / financing

For FY2025, DTE Energy Company generated $3.43B in operating cash flow and spent 4.43B in capital expenditures, yielding −$1.00B in free cash flow.

Operating Activities

+$3.43B

Cash from core business operations

2025-12-31

Investing Activities

−$5.32B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$2.06B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($3.43B) − |CapEx| (4.43B) = FCF (−$1.00B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

DTE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

DTE Energy CompanyYOU

DTE

−$1.00B-21.6%-6.3%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

DTE Energy Company (DTE) reported free cash flow of −$1.00B for FY2025 (fiscal year ending 2025-12-31), down 21.6% year-over-year. The FCF margin was -6.3%.

Based on available data, DTE Energy Company has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $524.0M in FY2011.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DTE free cash flow · 8 questions

DTE Energy Company free cash flow was −$1.00B for FY2025, down 21.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.47B.

DTE free cash flowDTE FCFDTE FCF 2025DTE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · DTE Energy Company · DTE Energy Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026