DTE Energy Company
DTE Energy Company (DTP) Financial Performance & Income Statement Overview
Review DTE Energy Company (DTP) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
DTE Energy Company (DTP) Income Statement & Financial Overview
Analyze DTE Energy Company’s DTP earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $3.50B | $2.91B | $2.73B | $3.32B |
| Cost of Revenue | -$4.46B | $1.83B | $2.23B | $2.66B |
| Gross Profit | $7.96B | $1.07B | $503.00M | $658.00M |
| Gross Profit Ratio | $2.27 | $0.37 | $0.18 | $0.20 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expenses | $7.30B | $557.00M | $123.00M | $122.00M |
| Total Costs & Expenses | $2.84B | $2.39B | $2.35B | $2.78B |
| Interest Income | $34.00M | $48.00M | $36.00M | $18.00M |
| Interest Expense | $248.00M | $252.00M | $233.00M | $218.00M |
| Depreciation & Amortization | $423.00M | $438.00M | $436.00M | $435.00M |
| EBITDA | $993.00M | $1.05B | $938.00M | $951.00M |
| EBITDA Ratio | $0.28 | $0.36 | $0.30 | $0.29 |
| Operating Income | $658.00M | $517.00M | $380.00M | $536.00M |
| Operating Income Ratio | $0.19 | $0.18 | $0.14 | $0.16 |
| Other Income/Expenses (Net) | -$336.00M | -$161.00M | -$144.00M | -$183.00M |
| Income Before Tax | $322.00M | $356.00M | $358.00M | $334.00M |
| Income Before Tax Ratio | $0.09 | $0.12 | $0.13 | $0.10 |
| Income Tax Expense | $30.00M | -$121.00M | $36.00M | $21.00M |
| Net Income | $292.00M | $477.00M | $322.00M | $313.00M |
| Net Income Ratio | $0.08 | $0.16 | $0.12 | $0.09 |
| EPS | -$5.36 | $2.29 | $1.56 | $1.51 |
| Diluted EPS | -$5.36 | $2.29 | $1.56 | $1.51 |
| Weighted Avg Shares Outstanding | $207.00M | $207.00M | $207.00M | $206.00M |
| Weighted Avg Shares Outstanding (Diluted) | $207.00M | $207.00M | $207.00M | $207.00M |
The company's financials show resilient growth, with revenue advancing from $3.32B in Q1 2024 to $3.50B in Q4 2024. Gross profit remained healthy with margins at 227% in Q4 2024 compared to 20% in Q1 2024. Operating income hit $658.00M last quarter, sustaining a consistent 19% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $993.00M. Net income dropped to $292.00M, while earnings per share reached -$5.36. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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