DTE vs D Stock Comparison: AI Score, Valuation, Performance and Upside
DTE Energy and Dominion Energy are both regulated utilities with clean energy capital investment programs, but in different states and at different points in their strategic evolution. DTE is the steadier Midwest regulated utility with consistent dividend growth. Dominion underwent strategic restructuring and is executing the largest US regulated offshore wind project (CVOW) — creating both upside from major rate base growth and risk from offshore wind construction execution.
DTE vs D is the steadily growing Midwest regulated Michigan electric and gas utility with auto industry exposure and consistent dividend growth (DTE Energy) versus the Virginia-focused regulated utility executing the largest US regulated offshore wind investment with state policy mandates driving multi-decade clean energy rate base expansion (Dominion Energy) — stable Midwest utility income vs Virginia offshore wind regulated growth.
DTE holds the edge across 3 of 5 key metrics in this comparison. D has delivered stronger 1-year price return (+27.23% vs +11.81%), though DTE trades at the lower forward P/E (17.65x vs 17.80x). D leads on both revenue growth (23.10%) and operating margin (28.75%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for DTE (+8.02%) than for D (+1.97%).
- →prefer the steady Midwest regulated utility with Michigan clean energy investment creating predictable rate base growth and 15+ years of consecutive dividend increases
- →value DTE's Michigan industrial economy exposure serving Detroit's auto manufacturing recovery and electrification of vehicle production
- →want regulated utility income from a straightforward Michigan electric and gas utility with minimal strategic complexity vs Dominion's offshore wind megaproject
- →are comfortable with Michigan regulatory environment risk, coal retirement costs, and DTE Vantage energy trading segment adding earnings volatility
- →prefer the Virginia regulated utility with state-mandated offshore wind investment creating potentially decades of regulated rate base expansion under supportive Virginia clean energy legislation
- →value Virginia's northern Virginia data center economy creating strong electric load growth that requires significant generation and transmission investment benefiting Dominion
- →want offshore wind regulated utility exposure — CVOW is the largest regulated offshore wind investment in US history, creating exceptional rate base growth if executed on schedule
- →are comfortable with CVOW construction execution risk, post-restructuring dividend reliability questions, and offshore wind industry cost escalation risk
| Metric | DTE | D |
|---|---|---|
| AI score | 41.9 | 39.3 |
| AI rank | #905 | #1175 |
| Latest close | $147.56 | $68.41 |
| 1M return | +3.08% | +0.41% |
| 6M return | +14.49% | +13.81% |
| 1Y return | +11.81% | +27.23% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | DTE | D |
|---|---|---|
| 1Y ago | $11.2K (+12.0%) started 2025-06-18 | $12.63K (+26.3%) started 2025-06-18 |
| 5Y ago | $16.8K (+68.0%) started 2021-06-21 | $12.77K (+27.7%) started 2021-06-21 |
| 10Y ago | $34.43K (+244.3%) started 2016-06-20 | $21.17K (+111.7%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
| Metric | DTE | D |
|---|---|---|
| Market cap | $30.67B | $59.73B |
| Trailing P/E | 24.29 | 20.03 |
| Forward P/E | 17.65 | 17.80 |
| Price/Sales | N/A | N/A |
| EV/Revenue | 3.48 | 6.71 |
| Analyst target | $159.25 | $69.25 |
| Target upside | +8.02% | +1.97% |
| Metric | DTE | D |
|---|---|---|
| Revenue growth | 15.80% | 23.10% |
| Earnings growth | -44.40% | -10.20% |
| EPS growth | -44.40% | -10.20% |
| FCF margin | -13.25% | -57.01% |
| Operating margin | 10.23% | 28.75% |
| Profit margin | 7.65% | 16.93% |
| ROIC proxy | 10.42% | 9.79% |
| Return on equity | 10.42% | 9.79% |
| Dividend yield | 3.11% | 3.93% |
| Beta | 0.39 | 0.64 |
| Debt/equity | 218.79 | 154.90 |
| Current ratio | 0.95 | 0.78 |
| Quick ratio | 0.51 | 0.32 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | DTE | D |
|---|---|---|---|
| 1Y | Growth | +11.96% | +26.26% |
| CAGR | +11.98% | +26.31% | |
| Sharpe ratio | 0.50 | 1.01 | |
| Max drawdown | 10.94% | 10.72% | |
| Max daily drop | 3.79% | 3.72% | |
| Max wkly drop | 6.39% | 6.82% | |
| 5Y | Growth | +47.49% | +6.59% |
| CAGR | +8.09% | +1.29% | |
| Sharpe ratio | 0.27 | -0.03 | |
| Max drawdown | 28.92% | 52.20% | |
| Max daily drop | 5.51% | 6.36% | |
| Max wkly drop | 11.28% | 12.49% | |
| 10Y | Growth | +146.65% | +34.18% |
| CAGR | +9.45% | +2.99% | |
| Sharpe ratio | 0.32 | 0.05 | |
| Max drawdown | 42.45% | 52.20% | |
| Max daily drop | 13.91% | 12.31% | |
| Max wkly drop | 25.21% | 18.40% |
| Category | DTE | D |
|---|---|---|
| Company | DTE Energy Company | Dominion Energy, Inc. |
| Sector | Utilities | Utilities |
| Industry | N/A | N/A |
| Core business | DTE Energy is a Michigan-based regulated utility serving 2.3M electric customers (DTE Electric) and 1.3M gas customers (DTE Gas) in southeast Michigan including Detroit. DTE Electric is investing in Michigan's clean energy transition — wind, solar, and retiring coal plants — to meet Michigan's clean energy standards. DTE also has an energy trading segment (DTE Vantage) that provides industrial gas and power services. DTE has maintained a long record of dividend growth and focuses on rate-base growth from clean energy capital investment. | Dominion Energy is a Virginia-based regulated utility serving electric customers in Virginia (Dominion Virginia Power), North Carolina, South Carolina, and Ohio, and gas distribution in several states. Dominion underwent major strategic restructuring — divesting its gas transmission assets (sold to Berkshire Hathaway) and focusing on the regulated electric utility business. The Coastal Virginia Offshore Wind (CVOW) project is Dominion's most significant capital investment — a 2,600+ MW offshore wind farm being built off Virginia Beach, one of the largest US offshore wind projects. |
| Investor focus | Investors track Michigan rate case outcomes, rate base growth from renewable investment, and DTE Energy's clean energy transition capital plan. | Investors track CVOW offshore wind construction progress and costs, Virginia regulatory support for Dominion's clean energy capital plan, and dividend policy after restructuring. |
- →Michigan regulated utility with growing rate base: DTE's electric rate base is expanding from coal plant retirements and renewable additions, supporting predictable utility earnings growth
- →Long dividend growth history: DTE has increased its dividend for 15+ consecutive years, providing income growth for utility investors
- →Industrial Michigan economy exposure: serving the Detroit metro area — including auto manufacturing — provides industrial electricity demand that recovers with manufacturing cycles
- →Virginia's supportive regulatory environment: the Virginia Clean Economy Act mandates clean energy investment that Dominion can earn regulated returns on — policy-driven rate base growth
- →CVOW is a once-in-a-generation capital investment: 2,600+ MW of offshore wind fully regulated, with Virginia law allowing Dominion to recover construction and operating costs through customer rates
- →Virginia's growing economy: northern Virginia is the world's largest data center market — creating sustained electric load growth that requires significant generation and transmission investment
- →Michigan regulatory environment: Michigan Public Service Commission rate cases determine DTE's allowed returns on equity — unfavorable rate decisions compress utility earnings growth
- →Coal plant retirement costs: retiring Michigan's coal fleet requires capital and creates stranded asset accounting that affects DTE's recovery timeline
- →Energy trading segment adds earnings volatility vs pure regulated utility peers
- →CVOW construction risk: large offshore wind projects face equipment delays, weather risk, and cost overruns — Dominion's massive rate base investment depends on CVOW executing on budget and schedule
- →Dividend was cut post-restructuring: Dominion reduced its dividend in 2020 after the gas transmission sale, damaging utility investor confidence in dividend reliability
- →Offshore wind cost increases have been industry-wide: rising offshore wind turbine and installation costs increase CVOW's final cost — potentially requiring additional rate recovery
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