DTE Energy's Profit Margin Dip Raises Questions on Future Earnings Growth

DTE Energy's net profit margin dipped to 10.1% from 11.2% YoY, with earnings growth slower than its 5-year average. Revenue is forecast to grow 3.7% YoY, while earnings are expected to climb 8.01% YoY. Investors will see a mixed picture due to valuation and questions about financial strength and dividend sustainability. Analysts expect profit margins to rise to 11.8% in three years, driven by grid modernization and renewables spending. However, massive $30 billion investment adds execution risks.