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DTE Energy vs Xcel Energy

DTE Energy and Xcel Energy are similar in size: $15.81bn and $14.67bn of revenue in their latest fiscal years. DTE Energy grew faster (26.9% against 9.1%). Xcel Energy kept more of each dollar of sales as profit: a net margin of 13.8% against 9.2%. Xcel Energy carries less debt relative to equity (143.5% against 212.9%).

Latest fiscal yearDTE EnergyDTE, 2025Xcel EnergyXEL, 2025
Revenue $15.81bn $14.67bn
Revenue growth 26.9% 9.1%
Net income $1.46bn $2.02bn
Operating margin 15.0% 17.6%
Net margin 9.2% 13.8%
Return on equity 12.2% 9.4%
Free cash flow — −$6.83bn
Cash $208m $274m
Total debt $26.19bn $33.88bn
Debt to equity 212.9% 143.5%
Dividend per share $4.44 $2.28
Dividend yield 3.2% 2.8%
Share buybacks — —
Employees — 11,380
Market value $27.93bn $49.99bn
Price vs our value range Within our value range —
Moat score 55 (Moderate) 35 (Weak)
Insider trades, 12 months 0 buys, 2 sales 0 buys, 2 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.