DTE Energy (NYSE:DTE) on Tuesday posted fourth-quarter results that came in ahead of Wall Street expectations, while reiterating its 2026 guidance at the lower end of analyst projections.
Shares of the Michigan-based utility advanced 2.53% in pre-market trading following the announcement.
Adjusted earnings per share for the fourth quarter totaled $1.65, beating the consensus estimate of $1.53. For full-year 2025, DTE delivered operating earnings of $7.36 per share, up from $6.83 per share in 2024.
The company reaffirmed its 2026 earnings outlook of $7.59 to $7.73 per share, with the top end of the range aligning with the $7.73 analyst consensus.
DTE emphasized record capital spending of more than $4.3 billion in 2025 aimed at strengthening grid reliability and expanding cleaner energy generation.
Within that total, DTE Electric invested over $3.6 billion to enhance reliability and develop cleaner power sources, while DTE Gas allocated $661 million toward modernizing its natural gas infrastructure.
“Our achievements in 2025 are a testament to the hard work and passion of our entire DTE team,” said Joi Harris, DTE president and CEO. “In 2025, we delivered historic gains for our customers and communities – reducing power outages, advancing Michigan’s transition to clean energy and investing with local businesses.”
Among notable developments, DTE reached an agreement to supply power to Oracle’s new data center in Saline Township, Michigan. The company said the project is expected to deliver affordability benefits for electric customers while supporting economic growth across the state.
DTE also reported a 60% reduction in outage time in 2025, building on a 70% improvement achieved between 2023 and 2024, driven by infrastructure upgrades and more favorable weather conditions.