Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 15.74 as of 2026-09-26T00:15:41.898Z.
Consensus retrieved: 2026-09-13T22:41:46.612Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-26T00:15:41.898Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3d042c4ee73938d39894c05a604ae75ef4f3326188dfd67473ae33089af58c46
Forward PE Ratio (15.74) = Dated Quote Price ($121.44) / Consensus Forward EPS ($7.71)
FORWARD PE RATIO
15.74
SECTOR MEDIAN · UTILITIES
16.43
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-4.20%
vs the sector median at left
DTE Energy Company
Market Cap
$25.27B
Forward PE Ratio
15.74
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| DTE Energy Company (DTE) | $25.27B | 15.74 |
| FirstEnergy Corp. (FE)vs › | $25.06B | 15.86 |
| American Water Works Company, Inc. (AWK)vs › | $26.02B | 21.52 |
| Atmos Energy Corporation (ATO)vs › | $26.24B | 18.60 |
| CenterPoint Energy, Inc. (CNP)vs › | $24.27B | 19.27 |
| PPL Corporation (PPL)vs › | $24.11B | 16.43 |
| Eversource Energy (ES)vs › | $23.95B | 13.70 |
| Ameren Corporation (AEE)vs › | $27.51B | 18.44 |
| NRG Energy, Inc. (NRG)vs › | $21.18B | 11.29 |
| Edison International (EIX)vs › | $20.26B | 8.58 |
Trailing P/E
19.1
reported TTM EPS
Forward P/E
15.7
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.71 implies +21.0% EPS growth vs the reported trailing $6.37.
At the dated quote price of $121.44, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $7.71 | $7.61 – $7.73 | 9 | 15.7x |
| 2027-12-31 | $8.35 | $8.22 – $8.56 | 10 | 14.5x |
| 2028-12-31 | $9.01 | $8.80 – $9.46 | 5 | 13.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
