DTE vs. FTS: DTE Energy vs. Fortis Stock Comparison
How do DTE Energy (DTE) and Fortis (FTS) 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 Fortis (FTS) both fall under the Utilities industry group, but DTE is classified in Multi-Utilities while FTS is classified in Electric Utilities.
| Profile Item | DTE | FTS |
|---|---|---|
| Name | DTE Energy Company | Fortis Inc. |
| Country/Region | United States | Canada |
| 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 | 31.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | January 5, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DTE | FTS |
|---|---|---|
| Total Return (1Y) | 4.52% | 19.13% |
| Total Return (3Y, Annualized) | 15.85% | 17.59% |
| Total Return (5Y, Annualized) | 7.71% | 9.53% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DTE | FTS |
|---|---|---|
| Volatility (1Y, Annualized) | 17.96% | 14.85% |
| Beta (5Y) | 0.34 | 0.40 |
| Max Drawdown (5Y) | -28.92% | -30.13% |
| Avg. Volume (3M) | 1.52M | 879.23K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DTE | FTS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.01 | 1.00 |
| Sortino Ratio (1Y) | 0.02 | 1.53 |
Profitability
ROE (TTM)
DTE Energy (DTE) at 11.02% is around its peer norm for ROE, while Fortis (FTS) at 7.55% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
DTE
Utilities industry group
11.02%
- Max
- 17.99%
- Q3
- 12.01%
- DTE
- 11.02%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
FTS
Utilities industry group
7.55%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- FTS
- 7.55%
- Min
- 2.17%
Net Margin (TTM)
Fortis (FTS) at 15.01% 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%
FTS
Utilities industry group
15.01%
- Max
- 28.78%
- Q3
- 17.30%
- FTS
- 15.01%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both DTE Energy (DTE) at 16.21% and Fortis (FTS) at 30.69% 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%
FTS
Utilities industry group
30.69%
- Max
- 53.83%
- Q3
- 31.12%
- FTS
- 30.69%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | DTE | FTS |
|---|---|---|
| ROE (TTM) | 11.02% | 7.55% |
| ROA (TTM) | 2.62% | 2.93% |
| Net Margin (TTM) | 8.21% | 15.01% |
| Operating Margin (TTM) | 16.21% | 30.69% |
| Gross Margin (TTM) | 28.89% | 45.52% |
Growth
Revenue Growth
DTE Energy (DTE) at 26.95% sits in the top revenue growth quartile, while Fortis (FTS) at 5.75% is closer to the peer norm — faster top-line expansion for DTE.
EPS Growth
Both DTE Energy (DTE) at 3.84% and Fortis (FTS) at 4.94% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | DTE | FTS |
|---|---|---|
| Revenue Growth (YoY) | 26.95% | 5.75% |
| Revenue Growth (3Y CAGR) | -6.31% | 3.29% |
| EPS Growth (YoY) | 3.84% | 4.94% |
| EPS Growth (3Y CAGR) | 8.39% | 6.94% |
Financial Strength
Current Ratio (MRQ)
Fortis (FTS) at 0.69 keeps current ratio within its industry’s typical mid-range, while DTE Energy (DTE) at 0.62 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for DTE.
DTE
Utilities industry group
0.62
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- DTE
- 0.62
- Min
- 0.29
FTS
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- FTS
- 0.69
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Fortis (FTS) at 1.35 carries an industry-typical debt-to-equity mix, while DTE Energy (DTE) at 2.27 uses more debt funding than most peers.
DTE
Utilities industry group
2.27
- Max
- 2.63
- DTE
- 2.27
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
FTS
Utilities industry group
1.35
- Max
- 2.63
- Q3
- 1.77
- FTS
- 1.35
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | DTE | FTS |
|---|---|---|
| Current Ratio (MRQ) | 0.62 | 0.69 |
| Debt / Equity (MRQ) | 2.27 | 1.35 |
| Net Debt / EBITDA | 8.00 | 6.22 |
Dividends
Dividend Yield (TTM)
Fortis (FTS) at 4.18% delivers top-quartile income for its industry, while DTE Energy (DTE) at 3.46% pays a more typical yield — both are credible income propositions, FTS 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%
FTS
Utilities industry group
4.18%
- Max
- 6.66%
- FTS
- 4.18%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both DTE Energy (DTE) at 71.04% and Fortis (FTS) at 72.73% 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%
FTS
Utilities industry group
72.73%
- Max
- 113.04%
- FTS
- 72.73%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | DTE | FTS |
|---|---|---|
| Dividend Yield (TTM) | 3.46% | 4.18% |
| Dividend Payout Ratio (TTM) | 71.04% | 72.73% |
Valuation
P/E Ratio (TTM)
DTE Energy (DTE) at 20.59 is near its industry’s usual P/E ratio, while Fortis (FTS) at 23.66 sits in the richer quartile — FTS needs stronger growth or earnings quality to justify the premium.
DTE
Utilities industry group
20.59
- Max
- 31.22
- Q3
- 23.30
- DTE
- 20.59
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
FTS
Utilities industry group
23.66
- Max
- 31.22
- FTS
- 23.66
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both DTE Energy (DTE) at 1.69 and Fortis (FTS) at 2.47 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
FTS
Utilities industry group
2.47
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- FTS
- 2.47
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Fortis (FTS) at 1.79 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
FTS
Utilities industry group
1.79
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- FTS
- 1.79
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | DTE | FTS |
|---|---|---|
| P/E Ratio (TTM) | 20.59 | 23.66 |
| P/S Ratio (TTM) | 1.69 | 2.47 |
| P/B Ratio (MRQ) | 2.22 | 1.79 |
| Free Cash Flow Yield (TTM) | -9.61% | -9.42% |