DTE Energy Company 2025 Series H 6.25% Junior Subordinated Debentures due 2085 (DTK)

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a credit first, equity second. The security is DTE Energy's 2025 Series H 6.25% junior subordinated debenture due 2085, so my return depends on DTE paying interest and principal over a very long horizon, not on a typical stock story. The filed figures show positive earnings: in fiscal 2025, the year ended 2025-12-31, net income was $1.5 billion and diluted EPS was $7.03; in fiscal 2024, the year ended 2024-12-31, those figures were $1.4 billion and $6.77; and in fiscal 2023, the year ended 2023-12-31, they were $1.4 billion and $6.76. That is modest progress. FairStock's Lynch category labels it a slow grower, with profit growth of 1.3% a year over five years. The quarterly path is less smooth: in fiscal Q1 2026, the quarter ended 2026-03-31, net income was $247 million and diluted EPS was $1.19, down from $445 million and $2.14 in fiscal Q1 2025, the quarter ended 2025-03-31; in fiscal Q2 2025, the quarter ended 2025-06-30, net income was $229 million and diluted EPS was $1.10; and in fiscal Q3 2025, the quarter ended 2025-09-30, net income was $419 million and diluted EPS was $2.01. I cannot judge the moat or balance sheet well because D/E, ROE, ROCE, revenue, and P/E/P/B are N/A. The price is $21.35, near the low end of the $20.33-$25.40 range, and the stated coupon is 6.25%. Without yield-to-maturity, coverage, or asset-protection figures, I can only say the quoted price is not demanding relative to its own range; the slow-growth issuer and long-dated subordinated claim warrant caution.

In plain English: The security is a long-dated DTE Energy junior bond-like investment that pays a stated 6.25% interest rate, not common stock. DTE's filed results show positive net income—$1.5 billion in fiscal 2025, the year ended 2025-12-31—and modestly higher annual per-share earnings than the two prior years, but the latest reported quarter was weaker than the year-earlier quarter. The price is near the bottom of its 52-week range, so it looks inexpensive compared with its own recent price range, but the available data do not include enough detail on interest payments or debt to judge whether it is truly cheap.

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Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer