Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.13 as of Monday, August 10, 2026.
Forward PE Ratio (18.13) = Close Price ($138.37) / Consensus Forward EPS ($7.71)
FORWARD PE RATIO
18.13
SECTOR MEDIAN · UTILITIES
18.48
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-1.89%
vs the sector median at left
DTE Energy Company
Market Cap
$28.79B
Forward PE Ratio
18.13
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| DTE Energy Company (DTE) | $28.79B | 18.13 |
| Atmos Energy Corporation (ATO)vs › | $28.11B | 20.14 |
| Ameren Corporation (AEE)vs › | $29.73B | 20.22 |
| FirstEnergy Corp. (FE)vs › | $27.11B | 17.37 |
| Eversource Energy (ES)vs › | $26.91B | 15.55 |
| CenterPoint Energy, Inc. (CNP)vs › | $26.54B | 21.27 |
| American Water Works Company, Inc. (AWK)vs › | $26.53B | 22.26 |
| PPL Corporation (PPL)vs › | $26.42B | 18.18 |
| Edison International (EIX)vs › | $26.18B | 11.20 |
| NRG Energy, Inc. (NRG)vs › | $25.53B | 13.30 |
Trailing P/E
22.0
reported TTM EPS
Forward P/E
18.1
consensus next-FY EPS
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 today's $138.37 close, 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 | 10 | 17.9x |
| 2027-12-31 | $8.35 | $8.17 – $8.56 | 11 | 16.6x |
| 2028-12-31 | $9.02 | $8.79 – $9.45 | 6 | 15.3x |
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
