Dte Energy Co debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$26,711M

Cash & equivalents

USD millions

$238M

Net debt

USD millions

$26,473M

Debt / equity

2.17×

Debt / assets

48.47%

Net debt / EBITDA

× · TTM

6.56×

Debt / FCF

× · TTM

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Interest coverage

× · TTM

1.97×

Current ratio

0.95×

Diluted shares

Million shares

208M shares

Basic shares

Million shares

207M shares

Share count growth

Share repurchases

USD millions

—

Quarterly data

Dte Energy Co capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q1	Mar 31, 2026	26,711	238	26,473	2.17×	48.47%	6.56×	—	1.97×	0.95×	208	207	0%	—
FY 2025 Q4	Dec 31, 2025	26,023	208	25,815	2.11×	48.13%	6.12×	—	2.25×	0.8×	207	207	0%	—
FY 2025 Q3	Sep 30, 2025	25,038	34	25,004	2.06×	48.12%	6.2×	—	2.17×	1.15×	207	207	0%	—
FY 2025 Q2	Jun 30, 2025	23,781	32	23,749	2.03×	47.33%	6.08×	—	2.11×	0.94×	207	207	0%	—
FY 2025 Q1	Mar 31, 2025	23,224	33	23,191	1.95×	46.87%	5.86×	—	2.24×	0.87×	207	207	0.49%	—
FY 2024 Q4	Dec 31, 2024	23,053	24	23,029	1.97×	47.2%	6.02×	—	2.2×	0.71×	207	207	0.49%	—
FY 2024 Q3	Sep 30, 2024	24,625	969	23,656	2.12×	49.44%	6.06×	—	2.41×	0.83×	207	207	0.49%	—
FY 2024 Q2	Jun 30, 2024	23,043	20	23,023	2.07×	48.2%	5.92×	—	2.58×	0.69×	207	207	0.49%	—
FY 2024 Q1	Mar 31, 2024	21,947	292	21,655	1.96×	47.81%	5.77×	—	2.58×	0.75×	207	206	0%	—
FY 2023 Q4	Dec 31, 2023	20,845	26	20,819	1.89×	46.58%	5.41×	—	2.84×	0.6×	206	206	2.52%	0
FY 2023 Q3	Sep 30, 2023	20,353	36	20,317	1.88×	46.54%	5.63×	—	2.65×	0.85×	206	206	6.74%	0
FY 2023 Q2	Jun 30, 2023	19,763	30	19,733	1.88×	46.05%	5.51×	—	2.77×	0.89×	206	206	6.74%	0
FY 2023 Q1	Mar 31, 2023	19,515	115	19,400	1.83×	45.9%	5.81×	—	2.59×	0.88×	206	206	6.74%	0
FY 2022 Q4	Dec 31, 2022	19,159	33	19,126	1.84×	44.89%	5.95×	—	2.59×	0.81×	201.93	200.93	4.11%	0
FY 2022 Q3	Sep 30, 2022	19,861	26	19,835	2.21×	47.34%	6.44×	—	2.66×	0.79×	194	193	0%	0
FY 2022 Q2	Jun 30, 2022	19,093	67	19,026	2.23×	46.21%	6.53×	—	2.5×	0.59×	194	193	0%	0
FY 2022 Q1	Mar 31, 2022	18,518	150	18,368	2.09×	45.88%	5.99×	—	2.6×	0.64×	194	193	-15.33%	55
FY 2021 Q4	Dec 31, 2021	18,163	28	18,135	2.08×	45.73%	6.31×	—	2.37×	0.52×	194	193	-16.19%	0
FY 2021 Q3	Sep 30, 2021	17,609	54	17,555	2.05×	44.65%	5.48×	—	2.42×	1.02×	194	193	-14.89%	12
FY 2021 Q2	Jun 30, 2021	23,007	3,448	19,559	1.83×	46.35%	5.72×	—	2.62×	1.71×	194	193	-14.45%	0
FY 2021 Q1	Mar 31, 2021	20,514	1,568	18,946	1.61×	43.93%	5.52×	—	2.72×	1.69×	227.95	227.95	1.04%	54
FY 2020 Q4	Dec 31, 2020	19,508	514	18,994	1.55×	42.88%	5.54×	—	2.76×	1.3×	226.78	230.27	2.64%	0
FY 2020 Q3	Sep 30, 2020	19,674	945	18,729	1.58×	44.27%	5.62×	—	2.75×	1.12×	226.78	226.78	5.46%	0
FY 2020 Q2	Jun 30, 2020	18,925	579	18,346	1.59×	43.27%	5.84×	—	2.58×	0.83×	226.78	225.6	4.92%	0
FY 2020 Q1	Mar 31, 2020	18,544	552	17,992	1.55×	42.89%	5.94×	—	2.58×	0.89×	225.6	225.6	5.49%	0
FY 2019 Q4	Dec 31, 2019	17,450	93	17,357	1.47×	41.66%	5.84×	—	2.66×	0.77×	220.86	224.35	5.49%	—
FY 2019 Q3	Sep 30, 2019	15,788	76	15,712	1.45×	41.17%	5.52×	—	2.64×	0.77×	216.2	215.03	0.55%	—
FY 2019 Q2	Jun 30, 2019	15,070	62	15,008	1.43×	40.89%	5.41×	—	2.69×	0.75×	216.2	215.03	1.1%	—
FY 2019 Q1	Mar 31, 2019	14,431	56	14,375	1.31×	39.61%	5.19×	—	2.83×	0.78×	215.03	213.85	1.11%	—
FY 2018 Q4	Dec 31, 2018	14,242	71	14,171	1.33×	39.25%	5.21×	—	2.85×	0.73×	212.68	212.68	1.12%	0
FY 2018 Q3	Sep 30, 2018	13,698	84	13,614	1.28×	38.81%	5.01×	—	2.97×	1.47×	213.85	213.85	1.68%	0
FY 2018 Q2	Jun 30, 2018	13,184	63	13,121	1.28×	38.4%	4.87×	—	2.93×	1.16×	212.68	212.68	1.12%	0
FY 2018 Q1	Mar 31, 2018	12,926	164	12,762	1.25×	38.2%	4.83×	—	2.9×	1.16×	211.5	211.5	0.56%	0
FY 2017 Q4	Dec 31, 2017	12,915	66	12,849	1.29×	38.25%	4.8×	—	3.07×	1.1×	210.33	210.33	0%	0
FY 2017 Q3	Sep 30, 2017	12,563	63	12,500	1.28×	37.99%	4.77×	—	2.97×	1.08×	210.33	210.33	0%	0
FY 2017 Q2	Jun 30, 2017	12,190	62	12,128	1.27×	37.41%	4.52×	—	3.34×	0.96×	210.33	210.33	0%	0
FY 2017 Q1	Mar 31, 2017	11,830	82	11,748	1.22×	36.8%	4.47×	—	3.37×	1.4×	210.33	210.33	0%	51
FY 2016 Q4	Dec 31, 2016	11,782	92	11,690	1.24×	36.77%	4.83×	—	3.06×	1.13×	206.83	210.33	0%	0
FY 2016 Q3	Sep 30, 2016	9,903	66	9,837	1.08×	33.61%	4.46×	—	2.84×	1.32×	211.5	210.33	0%	0
FY 2016 Q2	Jun 30, 2016	9,683	32	9,651	1.1×	33.66%	4.58×	—	2.68×	1.2×	211.5	210.33	0%	0
FY 2016 Q1	Mar 31, 2016	9,585	35	9,550	1.08×	33.56%	4.7×	—	2.56×	1.07×	211.5	210.33	0.56%	33
FY 2015 Q4	Dec 31, 2015	9,300	37	9,263	1.06×	32.36%	4.43×	—	2.75×	1.02×	210.33	210.33	1.13%	0
FY 2015 Q3	Sep 30, 2015	9,509	67	9,442	1.08×	33.19%	3.69×	—	3.68×	1.19×	211.5	210.33	1.13%	0
FY 2015 Q2	Jun 30, 2015	9,302	230	9,072	1.09×	32.81%	3.69×	—	3.3×	1.21×	210.33	210.33	1.13%	0
FY 2015 Q1	Mar 31, 2015	9,004	99	8,905	1.04×	32.08%	3.47×	—	3.48×	1.52×	209.15	209.15	0.56%	0
FY 2014 Q4	Dec 31, 2014	8,504	48	8,456	1.02×	30.4%	3.09×	—	3.71×	1.2×	207.98	207.98	-0.54%	0
FY 2014 Q3	Sep 30, 2014	8,836	60	8,776	1.08×	33.5%	3.62×	—	2.98×	0.98×	207.98	207.98	1.14%	0
FY 2014 Q2	Jun 30, 2014	8,553	75	8,478	1.07×	32.66%	3.38×	—	3.2×	0.97×	207.98	207.98	1.72%	2
FY 2014 Q1	Mar 31, 2014	8,367	98	8,269	1.03×	31.98%	3.35×	—	3.1×	0.83×	207.98	207.98	2.31%	50
FY 2013 Q4	Dec 31, 2013	7,908	52	7,856	0.99×	30.49%	3.42×	—	2.76×	0.88×	205.63	209.11	4.07%	0
FY 2013 Q3	Sep 30, 2013	8,013	71	7,942	1.01×	30.55%	3.44×	—	2.84×	0.85×	206.8	205.63	1.74%	0
FY 2013 Q2	Jun 30, 2013	7,901	46	7,855	1.04×	30.45%	3.31×	—	2.98×	0.84×	205.63	204.45	2.35%	0
FY 2013 Q1	Mar 31, 2013	8,058	218	7,840	1.06×	31.05%	3.23×	—	3.17×	1.12×	203.28	203.28	1.76%	0
FY 2012 Q4	Dec 31, 2012	6,380	65	6,315	0.86×	24.22%	2.75×	—	2.91×	1.05×	205.6	200.93	1.18%	0
FY 2012 Q3	Sep 30, 2012	7,851	59	7,792	1.06×	30.3%	3.31×	—	2.97×	1.18×	202.1	202.1	1.78%	0
FY 2012 Q2	Jun 30, 2012	8,099	185	7,914	1.13×	31.06%	3.39×	—	2.9×	1.16×	200.93	199.75	0.59%	0
FY 2012 Q1	Mar 31, 2012	7,936	57	7,879	1.11×	30.7%	3.39×	—	2.8×	1.17×	199.75	199.75	0.59%	0
FY 2011 Q4	Dec 31, 2011	6,832	68	6,764	0.97×	26.27%	2.8×	—	2.88×	1.22×	199.75	198.58	0.6%	0
FY 2011 Q3	Sep 30, 2011	8,019	46	7,973	1.14×	32.36%	3.28×	—	2.85×	1.39×	199.75	198.58	0%	0
FY 2011 Q2	Jun 30, 2011	7,984	61	7,923	1.17×	32.48%	3.26×	—	2.7×	1.23×	199.75	198.58	0%	9
FY 2011 Q1	Mar 31, 2011	7,914	197	7,717	1.16×	32.32%	3.21×	—	2.58×	1.1×	199.75	198.58	1.81%	9
FY 2010 Q4	Dec 31, 2010	8,164	65	8,099	1.21×	32.79%	3.25×	—	2.67×	1.15×	202.06	197.4	2.44%	0
FY 2010 Q3	Sep 30, 2010	8,017	84	7,933	1.2×	33.04%	3.2×	—	2.56×	1.09×	199.75	198.58	2.42%	—
FY 2010 Q2	Jun 30, 2010	7,968	124	7,844	1.21×	33.15%	3.23×	—	2.48×	0.88×	198.58	198.58	3.05%	—
FY 2010 Q1	Mar 31, 2010	7,972	193	7,779	1.21×	32.94%	3.27×	—	2.42×	1.1×	195.05	195.05	—	—
FY 2009 Q4	Dec 31, 2009	8,368	52	8,316	1.32×	34.59%	3.67×	—	2.29×	1.09×	192.7	192.7	—	0
FY 2009 Q3	Sep 30, 2009	8,249	83	8,166	1.32×	34.43%	—	—	—	1.34×	193.88	193.88	—	0
FY 2009 Q2	Jun 30, 2009	8,311	42	8,269	1.35×	34.78%	—	—	—	1.22×	192.7	192.7	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · DTE, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.