DTE vs. ES: DTE Energy vs. Eversource Energy Stock Comparison

November 11, 2026

How do DTE Energy (DTE) and Eversource Energy (ES) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

DTE Energy (DTE) and Eversource Energy (ES) both fall under the Utilities industry group, but DTE is classified in Multi-Utilities while ES is classified in Electric Utilities.

Company profile comparison for DTE Energy (DTE) and Eversource Energy (ES)
Profile Item	DTE	ES
Name	DTE Energy Company	Eversource Energy
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Multi-Utilities	Electric Utilities
GICS Sub-Industry	Multi-Utilities	Electric Utilities
Market Capitalization	28.12 billion USD	26.31 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DTE

GSPC

DTE Energy (DTE) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for DTE Energy (DTE) and Eversource Energy (ES). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for DTE Energy (DTE) and Eversource Energy (ES). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
Total Return (1Y)	4.52%	0.35%
Total Return (3Y, Annualized)	15.85%	14.06%
Total Return (5Y, Annualized)	7.71%	0.61%

Risk Profile

Drawdown History

DTE

GSPC

DTE Energy (DTE) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for DTE Energy (DTE) and Eversource Energy (ES). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
Volatility (1Y, Annualized)	17.96%	24.60%
Beta (5Y)	0.34	0.65
Max Drawdown (5Y)	-28.92%	-41.69%
Avg. Volume (3M)	1.52M	2.53M

Risk-Adjusted Performance

Risk-Return Positioning

DTE and ES are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
Sharpe Ratio (1Y)	0.01	-0.16
Sortino Ratio (1Y)	0.02	-0.20

Profitability

ROE (TTM)

Capital efficiency shows on one side only: DTE Energy (DTE) earns 11.02% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.

DTE

Utilities industry group

11.02%

Max: 17.99%
Q3: 12.01%
DTE: 11.02%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

ES

Utilities industry group

Max: 17.99%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%
ES: --

DTE Energy (DTE) vs. Eversource Energy (ES): ES does not report ROE, so it has no value marker; DTE is benchmarked against the Utilities industry group.

Net Margin (TTM)

Eversource Energy (ES) at 10.38% keeps about the industry-typical share of revenue as profit, while DTE Energy (DTE) at 8.21% retains only a bottom-quartile share.

DTE

Utilities industry group

8.21%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
DTE: 8.21%
Min: -0.20%

ES

Utilities industry group

10.38%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
ES: 10.38%
Q1: 9.18%
Min: -0.20%

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both DTE Energy (DTE) at 16.21% and Eversource Energy (ES) at 21.14% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

DTE

Utilities industry group

16.21%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
DTE: 16.21%
Q1: 15.45%
Min: -4.90%

ES

Utilities industry group

21.14%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
ES: 21.14%
Q1: 15.45%
Min: -4.90%

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
ROE (TTM)	11.02%	--
ROA (TTM)	2.62%	--
Net Margin (TTM)	8.21%	10.38%
Operating Margin (TTM)	16.21%	21.14%
Gross Margin (TTM)	28.89%	51.63%

Growth

Revenue Growth

Both DTE Energy (DTE) at 26.95% and Eversource Energy (ES) at 13.83% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their Revenue Growth across different time periods.

EPS Growth

Eversource Energy (ES) at 100.88% clears its industry range for EPS growth, a much stronger earnings trajectory than DTE Energy (DTE) at 3.84%, which is closer to a typical peer reading.

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
Revenue Growth (YoY)	26.95%	13.83%
Revenue Growth (3Y CAGR)	-6.31%	3.30%
EPS Growth (YoY)	3.84%	100.88%
EPS Growth (3Y CAGR)	8.39%	4.03%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: DTE Energy (DTE) shows current ratio of 0.62 against its industry benchmark, while Eversource Energy (ES) has no reading this period.

DTE

Utilities industry group

0.62

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
DTE: 0.62
Min: 0.29

ES

Utilities industry group

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
Min: 0.29
ES: --

DTE Energy (DTE) vs. Eversource Energy (ES): ES does not report current ratio, so it has no value marker; DTE is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

Both DTE Energy (DTE) at 2.27 and Eversource Energy (ES) at 1.81 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

DTE

Utilities industry group

2.27

Max: 2.63
DTE: 2.27
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

ES

Utilities industry group

1.81

Max: 2.63
ES: 1.81
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
Current Ratio (MRQ)	0.62	--
Debt / Equity (MRQ)	2.27	1.81
Net Debt / EBITDA	8.00	5.73

Dividends

Dividend Yield (TTM)

Eversource Energy (ES) at 4.33% delivers top-quartile income for its industry, while DTE Energy (DTE) at 3.46% pays a more typical yield — both are credible income propositions, ES the richer one.

DTE

Utilities industry group

3.46%

Max: 6.66%
Q3: 3.58%
DTE: 3.46%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

ES

Utilities industry group

4.33%

Max: 6.66%
ES: 4.33%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both DTE Energy (DTE) at 71.04% and Eversource Energy (ES) at 82.19% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

DTE

Utilities industry group

71.04%

Max: 113.04%
DTE: 71.04%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

ES

Utilities industry group

82.19%

Max: 113.04%
ES: 82.19%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
Dividend Yield (TTM)	3.46%	4.33%
Dividend Payout Ratio (TTM)	71.04%	82.19%

Valuation

P/E Ratio (TTM)

Both DTE Energy (DTE) at 20.59 and Eversource Energy (ES) at 18.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

DTE

Utilities industry group

20.59

Max: 31.22
Q3: 23.30
DTE: 20.59
Median: 19.64
Q1: 15.17
Min: 3.34

ES

Utilities industry group

18.43

Max: 31.22
Q3: 23.30
Median: 19.64
ES: 18.43
Q1: 15.17
Min: 3.34

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both DTE Energy (DTE) at 1.69 and Eversource Energy (ES) at 1.91 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

DTE

Utilities industry group

1.69

Max: 6.35
Q3: 3.63
Median: 2.63
DTE: 1.69
Q1: 1.52
Min: 0.00

ES

Utilities industry group

1.91

Max: 6.35
Q3: 3.63
Median: 2.63
ES: 1.91
Q1: 1.52
Min: 0.00

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Eversource Energy (ES) at 1.61 is valued about in line with its industry on P/B ratio, while DTE Energy (DTE) at 2.22 carries an above-peer premium to book — DTE is pricier on assets.

DTE

Utilities industry group

2.22

Max: 3.12
DTE: 2.22
Q3: 2.21
Median: 1.83
Q1: 1.46
Min: 0.34

ES

Utilities industry group

1.61

Max: 3.12
Q3: 2.21
Median: 1.83
ES: 1.61
Q1: 1.46
Min: 0.34

DTE Energy (DTE) vs. Eversource Energy (ES): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for DTE Energy (DTE) and Eversource Energy (ES)
Metric	DTE	ES
P/E Ratio (TTM)	20.59	18.43
P/S Ratio (TTM)	1.69	1.91
P/B Ratio (MRQ)	2.22	1.61
Free Cash Flow Yield (TTM)	-9.61%	--