Is DTE Energy Company's (NYSE:DTE) 13% ROE Better Than Average? [Yahoo! Finance]
DTE Energy Company (DTE)
Last dte energy company earnings: 4/28 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.dteenergy.com
Company Research
Source: Yahoo! Finance
This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we'll use ROE to better understand DTE Energy Company ( NYSE:DTE Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Check out our latest analysis for DTE Energy How To Calculate Return On Equity? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for DTE Energy is: 13% = US$1.4b ÷ US$11b (Based on the trailing twelve months to December 2023). The 'return' is the profit over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.13. Does DTE Energy Have A Good Return On Equity? One simpl
Show less
Read more
Impact Snapshot
Event Time:
DTE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DTE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DTE alerts
High impacting DTE Energy Company news events
Weekly update
A roundup of the hottest topics
DTE
News
- It's Unlikely That Shareholders Will Increase DTE Energy Company's (NYSE:DTE) Compensation By Much This Year [Yahoo! Finance]Yahoo! Finance
- DTE Energy's (DTE) Q1 Earnings Lag Estimates, Rise Y/Y [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, DTE Energy (DTE) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- DTE Energy misses quarterly profit estimates on natgas unit weakness [Yahoo! Finance]Yahoo! Finance
- DTE Energy misses quarterly profit estimates on natgas unit weakness [Reuters]Reuters
DTE
Earnings
- 4/25/24 - Miss
DTE
Sec Filings
- 4/29/24 - Form 424B5
- 4/4/24 - Form PX14A6G
- 4/3/24 - Form 4
- DTE's page on the SEC website