Debt-to-Equity Ratio
Updated 440h ago
Sector Performance
87th percentileDTE
2.17x
Sector Median
0.73x
Sector Avg
0.09x
Deep Analysis
The debt-to-equity ratio of 2.17x means the company uses $2.17 of debt for every $1 of shareholder equity, indicating a high reliance on borrowed funds.
Among sector peers, this is well above the sector median of 0.73x, placing the company in the 86th percentile. Over the last eight quarters, the ratio has been increasing overall, though the quarter-over-quarter change shows a slight decline of -0.9% from the prior period; the year-over-year change is not available. The combination of a high ratio and a long-term upward trend points to elevated financial leverage, which raises risk if earnings falter. This metric supports the overall NEUTRAL verdict, as the elevated debt level warrants caution but the recent marginal decrease suggests some stabilization.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about DTE?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are DTE's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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2.17x
Sector Median
0.73x
Sector Avg
0.09x
How DTE's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.