PerpEquities

Equity

DTE Energy Company (DTE) perpetual futures

DTE perpetual futures on 1 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade DTEUSDT.

DTE Energy is a Detroit-based utility holding company, founded in 1903, that generates and sells electricity and distributes natural gas to customers across Michigan.

$122.70-0.2%NYSE open
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Price chart

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TradingView symbol NYSE:DTE

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Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
$17.8K
Open interest
$38.9K
Best liquidity
$11.1K
MEXC
Tightest spread
+3.3 bps
MEXC
Highest volume
$17.8K
MEXC
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $35.6M
OI / float
0.00%
Float $25.4B
Spot performance
1D+0.04%
5D+1.14%
1M-9.88%
6M-16.17%
YTD-5.07%
1Y-13.43%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeDTE/USDTTrading$122.70-7.3% APR
-0.00670% every 8h
+3.3 bps$11.1K$17.8K$38.9KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 1 of 1 venues absorb $10k · Typical cost: +95.1 bps

Cheapest execution: MEXC · +95.1 bps

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

DTE

Tightest spread

DTE

Highest volume

DTE

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 2h ago
Market cap
$25.5B
Updated 2h ago
Revenue
$16.2B
Trailing 12 months
Revenue growth
+1%
Next fiscal year
Profit margin
+8.1%
P/E
19.2
Peer P/E 12.2
Free cash flow
-$1.9B
Trailing 12 months
More metrics
Net income
$1.3B
Trailing 12 months
P/S
1.6
Peer P/E
12.2
Similar listed perps
Revenue estimate
$16B
Next fiscal year
Earnings
2026-10-29
Revenue est. $3.4B · Updated 2h ago
Dividend
$1.165
2026-09-21

Fundamental detail

Annual + quarterly
Latest revenue$15.8B
Net margin+9.2%
Free cash flow-$1B
Net debt$26.3B
2020$11.4B
2021$15B
2022$19.2B
2023$12.7B
2024$12.5B
2025$15.8B
PeriodRevenueGrowthNet incomeFCF
2020$11.4B-6%$1.4B-$160M
2021$15B+31%$907M-$705M
2022$19.2B+28%$1.1B-$1.4B
2023$12.7B-34%$1.4B-$714M
2024$12.5B-2%$1.4B-$824M
2025$15.8B+27%$1.5B-$1B
PeriodGross marginOperating marginNet marginROEROA
2020+28.7%+13.6%+12.0%+11.0%+3.0%
2021+22.3%+10.0%+6.1%+10.4%+2.3%
2022+19.1%+9.1%+5.6%+10.4%+2.5%
2023+34.0%+17.6%+11.0%+12.6%+3.1%
2024+34.8%+16.8%+11.2%+12.0%+2.9%
2025+84.9%+15.0%+9.2%+11.9%+2.7%
PeriodCashDebtNet debtCurrent ratio
2020$472M$19.6B$19.1B1.30
2021$28M$18.3B$18.2B0.52
2022$33M$19.2B$19.2B0.81
2023$26M$21B$20.9B0.60
2024$24M$23.2B$23.2B0.71
2025$250M$26.5B$26.3B0.80
PeriodMarket capEnterprise valueP/SP/E
2020$19.9B$39.1B1.714.6
2021$23.1B$41.3B1.525.5
2022$22.9B$42.1B1.221.3
2023$22.7B$43.7B1.816.3
2024$25B$48.2B2.017.8
2025$26.7B$53B1.718.3
Q3 2024$2.9B
Q4 2024$3.4B
Q1 2025$4.4B
Q2 2025$3.4B
Q3 2025$3.5B
Q4 2025$4.2B
Q1 2026$5.1B
Q2 2026$3.3B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$2.9B+1%$477M-$370M
Q4 2024$3.4B+1%$292M-$163M
Q1 2025$4.4B+37%$444M$147M
Q2 2025$3.4B+19%$228M-$258M
Q3 2025$3.5B+21%$418M-$589M
Q4 2025$4.2B+23%$372M-$302M
Q1 2026$5.1B+16%$247M-$323M
Q2 2026$3.3B-2%$282M-$716M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+37.0%+17.8%+16.4%+4.1%+1.0%
Q4 2024+33.5%+16.2%+8.5%+2.5%+0.6%
Q1 2025+27.3%+14.1%+10.0%+3.7%+0.9%
Q2 2025+29.4%+12.5%+6.7%+1.9%+0.5%
Q3 2025+83.5%+17.6%+11.9%+3.4%+0.8%
Q4 2025+16.7%+13.7%+8.8%+3.0%+0.7%
Q1 2026+34.6%+8.0%+4.8%+2.0%+0.4%
Q2 2026+16.1%+11.9%+8.5%+2.3%+0.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$969M$24.8B$23.8B0.83
Q4 2024$24M$23.2B$23.2B0.71
Q1 2025$33M$23.4B$23.4B0.87
Q2 2025$84M$24B$23.9B0.94
Q3 2025$79M$25.3B$25.2B1.15
Q4 2025$250M$26.5B$26.3B0.80
Q1 2026$278M$27B$26.7B0.95
Q2 2026$84M$27.8B$27.8B0.76
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$26.6B$50.4B9.114.0
Q4 2024$25B$48.2B7.321.4
Q1 2025$28.6B$52B6.416.2
Q2 2025$27.4B$51.3B8.030.1
Q3 2025$29.3B$54.5B8.317.5
Q4 2025$26.7B$53B6.317.9
Q1 2026$30.3B$57B5.930.7
Q2 2026$31.7B$59.4B9.528.0

Refreshed 2h ago

Charts: revenue, profit, cash flow & valuation
Revenue$3.3BQ2 2026
$1.3B$2.6B$3.9B$5.1BQ3 2023: $2.9BQ4 2023: $3.4BQ1 2024: $3.2BQ2 2024: $2.9BQ3 2024: $2.9BQ4 2024: $3.4BQ1 2025: $4.4BQ2 2025: $3.4BQ3 2025: $3.5BQ4 2025: $4.2BQ1 2026: $5.1BQ2 2026: $3.3BQ3 2023Q2 2026
Net income$282MQ2 2026
$119.3M$238.5M$357.8M$477MQ3 2023: $332MQ4 2023: $419MQ1 2024: $313MQ2 2024: $322MQ3 2024: $477MQ4 2024: $292MQ1 2025: $444MQ2 2025: $228MQ3 2025: $418MQ4 2025: $372MQ1 2026: $247MQ2 2026: $282MQ3 2023Q2 2026
EBITDA$900MQ2 2026
$312.5M$625M$937.5M$1.3BQ3 2023: $970MQ4 2023: $1.1BQ1 2024: $975MQ2 2024: $1BQ3 2024: $1BQ4 2024: $1BQ1 2025: $1.1BQ2 2025: $970MQ3 2025: $1.1BQ4 2025: $1.3BQ1 2026: $965MQ2 2026: $900MQ3 2023Q2 2026
Free cash flow-$716MQ2 2026
-$500.3M-$284.5M-$68.8M$147MQ3 2023: -$321MQ4 2023: -$276MQ1 2024: -$9MQ2 2024: -$282MQ3 2024: -$370MQ4 2024: -$163MQ1 2025: $147MQ2 2025: -$258MQ3 2025: -$589MQ4 2025: -$302MQ1 2026: -$323MQ2 2026: -$716MQ3 2023Q2 2026
EPS$1.36Q2 2026
$0.58$1.15$1.72$2.3Q3 2023: $1.61Q4 2023: $2.03Q1 2024: $1.51Q2 2024: $1.55Q3 2024: $2.3Q4 2024: $1.41Q1 2025: $2.14Q2 2025: $1.1Q3 2025: $2.02Q4 2025: $1.8Q1 2026: $1.19Q2 2026: $1.36Q3 2023Q2 2026
Cash / Debt$84MQ2 2026
$7B$13.9B$20.9B$27.8BQ3 2023 · Cash: $36MQ3 2023 · Debt: $20.5BQ4 2023 · Cash: $26MQ4 2023 · Debt: $21BQ1 2024 · Cash: $292MQ1 2024 · Debt: $22.1BQ2 2024 · Cash: $20MQ2 2024 · Debt: $23.2BQ3 2024 · Cash: $969MQ3 2024 · Debt: $24.8BQ4 2024 · Cash: $24MQ4 2024 · Debt: $23.2BQ1 2025 · Cash: $33MQ1 2025 · Debt: $23.4BQ2 2025 · Cash: $84MQ2 2025 · Debt: $24BQ3 2025 · Cash: $79MQ3 2025 · Debt: $25.3BQ4 2025 · Cash: $250MQ4 2025 · Debt: $26.5BQ1 2026 · Cash: $278MQ1 2026 · Debt: $27BQ2 2026 · Cash: $84MQ2 2026 · Debt: $27.8BQ3 2023Q2 2026
CashDebt
Profitability+16.1%Q2 2026
+20.9%+41.7%+62.6%+83.5%Q3 2023 · Gross margin: +36.1%Q4 2023 · Gross margin: +35.8%Q1 2024 · Gross margin: +32.7%Q2 2024 · Gross margin: +36.6%Q3 2024 · Gross margin: +37.0%Q4 2024 · Gross margin: +33.5%Q1 2025 · Gross margin: +27.3%Q2 2025 · Gross margin: +29.4%Q3 2025 · Gross margin: +83.5%Q4 2025 · Gross margin: +16.7%Q1 2026 · Gross margin: +34.6%Q2 2026 · Gross margin: +16.1%Q3 2023 · Operating margin: +18.6%Q4 2023 · Operating margin: +19.3%Q1 2024 · Operating margin: +16.0%Q2 2024 · Operating margin: +17.5%Q3 2024 · Operating margin: +17.8%Q4 2024 · Operating margin: +16.2%Q1 2025 · Operating margin: +14.1%Q2 2025 · Operating margin: +12.5%Q3 2025 · Operating margin: +17.6%Q4 2025 · Operating margin: +13.7%Q1 2026 · Operating margin: +8.0%Q2 2026 · Operating margin: +11.9%Q3 2023 · Net margin: +11.5%Q4 2023 · Net margin: +12.3%Q1 2024 · Net margin: +9.7%Q2 2024 · Net margin: +11.2%Q3 2024 · Net margin: +16.4%Q4 2024 · Net margin: +8.5%Q1 2025 · Net margin: +10.0%Q2 2025 · Net margin: +6.7%Q3 2025 · Net margin: +11.9%Q4 2025 · Net margin: +8.8%Q1 2026 · Net margin: +4.8%Q2 2026 · Net margin: +8.5%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth-2.4%Q2 2026
+7.4%+17.3%+27.2%+37.0%Q3 2024: +0.6%Q4 2024: +1.2%Q1 2025: +37.0%Q2 2025: +18.9%Q3 2025: +21.4%Q4 2025: +23.4%Q1 2026: +15.8%Q2 2026: -2.4%Q3 2023Q2 2026
Shares outstanding208MQ2 2026
52M104M156M208MQ3 2023: 206MQ4 2023: 206.4MQ1 2024: 207MQ2 2024: 207MQ3 2024: 207MQ4 2024: 207.2MQ1 2025: 207MQ2 2025: 207MQ3 2025: 207MQ4 2025: 207MQ1 2026: 208MQ2 2026: 208MQ3 2023Q2 2026
Valuation28.0Q2 2026
7.715.423.030.7Q3 2023 · P/E: 15.4Q4 2023 · P/E: 13.6Q1 2024 · P/E: 18.3Q2 2024 · P/E: 17.5Q3 2024 · P/E: 14.0Q4 2024 · P/E: 21.4Q1 2025 · P/E: 16.2Q2 2025 · P/E: 30.1Q3 2025 · P/E: 17.5Q4 2025 · P/E: 17.9Q1 2026 · P/E: 30.7Q2 2026 · P/E: 28.0Q3 2023 · P/S: 7.1Q4 2023 · P/S: 6.7Q1 2024 · P/S: 7.0Q2 2024 · P/S: 7.9Q3 2024 · P/S: 9.1Q4 2024 · P/S: 7.3Q1 2025 · P/S: 6.4Q2 2025 · P/S: 8.0Q3 2025 · P/S: 8.3Q4 2025 · P/S: 6.3Q1 2026 · P/S: 5.9Q2 2026 · P/S: 9.5Q3 2023Q2 2026
P/EP/S
Revenue$15.8B2025
$4.8B$9.6B$14.4B$19.2B2018: $14.2B2019: $12.2B2020: $11.4B2021: $15B2022: $19.2B2023: $12.7B2024: $12.5B2025: $15.8B20182025
Net income$1.5B2025
$365.5M$731M$1.1B$1.5B2018: $1.1B2019: $1.2B2020: $1.4B2021: $907M2022: $1.1B2023: $1.4B2024: $1.4B2025: $1.5B20182025
EBITDA$4B2025
$1B$2B$3B$4.1B2018: $2.9B2019: $2.8B2020: $3.1B2021: $2.7B2022: $3.3B2023: $4B2024: $4.1B2025: $4B20182025
Free cash flow-$1B2025
-$1.1B-$700.5M-$350.3M2018: -$33M2019: -$348M2020: -$160M2021: -$705M2022: -$1.4B2023: -$714M2024: -$824M2025: -$1B20182025
EPS$7.062025
$1.77$3.54$5.31$7.082018: $6.172019: $6.312020: $7.082021: $4.672022: $5.522023: $6.762024: $6.772025: $7.0620182025
Cash / Debt$250M2025
$6.6B$13.3B$19.9B$26.5B2018 · Cash: $71M2018 · Debt: $14.2B2019 · Cash: $93M2019 · Debt: $17.6B2020 · Cash: $472M2020 · Debt: $19.6B2021 · Cash: $28M2021 · Debt: $18.3B2022 · Cash: $33M2022 · Debt: $19.2B2023 · Cash: $26M2023 · Debt: $21B2024 · Cash: $24M2024 · Debt: $23.2B2025 · Cash: $250M2025 · Debt: $26.5B20182025
CashDebt
Profitability+84.9%2025
+21.2%+42.5%+63.7%+84.9%2018 · Gross margin: +22.2%2019 · Gross margin: +24.8%2020 · Gross margin: +28.7%2021 · Gross margin: +22.3%2022 · Gross margin: +19.1%2023 · Gross margin: +34.0%2024 · Gross margin: +34.8%2025 · Gross margin: +84.9%2018 · Operating margin: +11.2%2019 · Operating margin: +11.8%2020 · Operating margin: +13.6%2021 · Operating margin: +10.0%2022 · Operating margin: +9.1%2023 · Operating margin: +17.6%2024 · Operating margin: +16.8%2025 · Operating margin: +15.0%2018 · Net margin: +7.9%2019 · Net margin: +9.6%2020 · Net margin: +12.0%2021 · Net margin: +6.1%2022 · Net margin: +5.6%2023 · Net margin: +11.0%2024 · Net margin: +11.2%2025 · Net margin: +9.2%20182025
Gross marginOperating marginNet margin
Revenue growth+26.9%2025
-17.5%-1.4%+14.8%+31.0%2019: -14.4%2020: -6.1%2021: +31.0%2022: +28.5%2023: -33.7%2024: -2.3%2025: +26.9%20182025
Shares outstanding207M2025
51.8M103.5M155.3M207M2018: 181M2019: 185M2020: 193M2021: 194M2022: 196M2023: 206M2024: 207M2025: 207M20182025
Valuation18.32025
6.412.819.225.52018 · P/E: 15.22019 · P/E: 17.52020 · P/E: 14.62021 · P/E: 25.52022 · P/E: 21.32023 · P/E: 16.32024 · P/E: 17.82025 · P/E: 18.32018 · P/S: 1.22019 · P/S: 1.72020 · P/S: 1.72021 · P/S: 1.52022 · P/S: 1.22023 · P/S: 1.82024 · P/S: 2.02025 · P/S: 1.720182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-10-29
Revenue est. $3.4B · Updated 2h ago
Dividend
$1.165
2026-09-21

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20267.71$16B+1%9
FY 20278.35$16.5B+4%10
FY 20289.01$17.2B+8%5
FY 20299.70$17.7B+12%1
FY 203010.37$18.3B+16%1
Q1 20292.56$3.8B-26%2

Company events

6
2026-10-29EarningsActual - / Estimate 2.39-
2026-09-21Dividend$1.165-
2026-07-28EarningsActual 1.32 / Estimate 1.14Beat
2026-06-22Dividend$1.165-
2026-04-30EarningsActual 1.95 / Estimate 2.01Miss
2026-03-16Dividend$1.165-

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering DTE have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings85231
Analysts1723
Buy / hold / sell54 / 31 / 0160 / 71 / 0
Upgrades / downgrades / initiations1 / 1 / 34 / 6 / 5
Price targets hit / missed0 / 81 (0%)54 / 166 (25%)
Avg. return after a rating (TipRanks)-20.3%-9.9%
Best / worst call-7.5% / -28.2%+18.6% / -28.2%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Sep 29, 2026James ThalackerBMO CapitalHoldMaintained$132
Sep 28, 2026Anthony CrowdellMizuho SecuritiesBuyMaintained$136
Sep 21, 2026David ArcaroMorgan StanleyBuyReiterated$141
Sep 18, 2026David ArcaroMorgan StanleyBuyReiterated$141
Aug 31, 2026Richard SunderlandTruist FinancialBuyMaintained–

TipRanks data via FMP · computed Sep 30, 2026 · 85 ratings

Frequently asked questions

Where can I trade DTE perpetual futures?

DTE Energy Company (DTE) perpetual futures trade on 1 crypto venues, including MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade DTE around the clock?

Yes. Unlike the underlying stock, DTE perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on DTE perpetuals?

Right now the DTE perp funding rate is -7.3% annualized (venue median), ranging from -7.3% to -7.3% across 1 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the DTE perp price compare to the DTE Energy Company stock?

The venue-median DTE perp mark is $122.7 versus a reference stock price of $122.7, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a DTE perpetual future?

A DTE perpetual is a derivative that tracks the price of DTE Energy Company with no expiry date. It lets you take long or short exposure to DTE Energy Company on crypto venues, around the clock.

What is DTEUSDT perpetual?

DTEUSDT is the symbol most crypto exchanges use for the DTE Energy Company perpetual settled in USDT (Tether). It tracks the DTE share price through an index, trades 24/7 with leverage and never expires.

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