Is DTE ENERGY CO (DTE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 84.3% / 30% | 0.7% / 30% | 6.9% / 30% | 0.65% / 5% | ✗ NOT HALAL |
| DJIM | 84.3% / 33% | 0.7% / 33% | 6.9% / 33% | 0.65% / 5% | ✗ NOT HALAL |
| MSCI | 48.6% / 33% | 0.4% / 33% | 4.0% / 33% | 0.65% / 5% | ✗ NOT HALAL |
| S&P | 84.3% / 33% | 0.7% / 33% | 6.9% / 33% | 0.65% / 5% | ✗ NOT HALAL |
| FTSE | 48.6% / 33% | 0.4% / 33% | 4.0% / 50% | 0.65% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.3% | |
| Operating Margin | 15.9% | |
| Net Margin | 9.2% | |
| Return on Equity (ROE) | 12.2% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.4B |
| Free Cash Flow | -$1.0B |
| Total Debt | $26.3B |
| Debt-to-Equity | 213.6 |
| Current Ratio | 0.8 |
| Total Assets | $54.1B |
Price & Trading
| Last Close | $144.39 |
| 50-Day MA | $142.22 |
| 200-Day MA | $137.36 |
| Avg Volume | 1.5M |
| Beta | 0.4 |
|
52-Week Range
$123.69
| |
About DTE ENERGY CO (DTE)
DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
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Frequently Asked Questions
Is DTE ENERGY CO (DTE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DTE ENERGY CO is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is DTE ENERGY CO's debt ratio?
DTE ENERGY CO's debt ratio is 84.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 48.6%.
What are DTE ENERGY CO's key financial metrics?
DTE ENERGY CO has a market capitalization of $30.1B, trailing P/E ratio of 20.5, and revenue of $15.8B. The company maintains a gross margin of 30.3% and a net margin of 9.2%. Return on equity stands at 12.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.