DTE Energy Co - Company Profile
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DTE Energy Co (DTE Energy) is a Michigan-based corporation primarily engaged in utility operations through its subsidiaries, DTE Electric and DTE Gas. The company provides electricity and natural gas services, including generation, purchase, distribution, and sale, to residential, commercial, and industrial customers. DTE Energy's notable brands include DTE Vantage, which focuses on renewable energy projects and custom energy solutions. The company's services are utilized across various industries, such as automotive, chemical, and steel, providing essential energy solutions. DTE Energy operates through a network of distribution channels, ensuring reliable service delivery to its customers. Its operations are concentrated in Michigan, with a focus on southeastern regions, while also engaging in energy trading and marketing activities. DTE Energy is headquartered in Detroit, Michigan, the US.
Headquarters
United States of America
Address
One Energy Plaza, Detroit, Michigan, 48226-1279
Website
www.dteenergy.com
Telephone
1 313 2354000
No of Employees
9,650
Industry
Power
Ticker Symbol & Exchange
DTE (NYSE)
Revenue (2024)
$15.8B
26.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
4.1%
(2024 vs 2023)
Market Cap*
$30.6B
Net Profit Margin (2024)
XYZ
-18.0%
(2024 vs 2023)
* As of and is in US$
DTE Energy Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Risk Management |
| Electricity | Electricity Transmission and Distribution |
| Energy Trading | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company selected ISNetworld as its primary contractor information management platform to enhance contractor performance transparency, compliance consistency, and safety management across operations. |
| 2025 | Plans/Strategy | In July, the company announced its plans to supply more than 3GW of electricity to support the expansion of Big Tech’s data centres. |
| 2025 | Plans/Strategy | In April, the company announced the development of a 100-megawatt solar array near Coldwater, Michigan. |
Competitor Comparison
| Key Parameters | DTE Energy Co | Duke Energy Corp | Southern Co | PG&E Corp | American Electric Power Co Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Detroit | Charlotte | Atlanta | Oakland | Columbus |
| State/Province | Michigan | North Carolina | Georgia | California | Ohio |
| No. of Employees | 9,650 | 26,441 | 29,800 | 10 | 17,581 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gerardo Norcia | Chairman | Executive Board | 2025 | 62 |
| Joi M. Harris | Chief Executive Officer; Director; President | Executive Board | 2025 | 55 |
| David Ruud | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 58 |
| Steven B. Ambrose | Chief Information Officer; Vice President | Senior Management | - | - |
| Kathrine Lorenz | Chief Legal Officer; Senior Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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