Revenue segments as reported by the company.

Utility operations

Non-utility operations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fuel, purchased power, and gas — utility

Fuel, purchased power, gas, and other — non-utility

Operation and maintenance

Depreciation and amortization

Taxes other than income

Asset (gains) losses and impairments, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DTE Energy

DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment composed of various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DTE Energy reports robust 2022 performance and strategic growth plans

DTE Energy's strong 2022 performance and strategic investments position it for future growth.
Challenges include electric rate case submissions and maintaining financial ratios amidst fuel cost recovery.
Opportunities lie in significant utility investments, grid enhancements, and internal cash generation.
Overall positive outlook expressed for 2023 and long-term future by CEO Gerardo Norcia.

DTE Energy reports mixed Q1 earnings, focuses on grid investments

DTE Energy navigated mixed Q1 earnings impacted by weather and operational costs, reaffirming 2023 guidance with a focus on growth opportunities in Gas, Vantage, and Energy Trading.
Strategic investments in grid infrastructure, automation, and cost management underscore the company's commitment to reliability, efficiency, and long-term sustainability.
Challenges from weather-related expenses and Energy Trading losses are balanced by opportunities in renewables, grid investments, and preparing for electrification trends.

DTE Energy on track to meet 2023 goals amid industry shifts

DTE Energy is navigating challenges to meet financial targets while focusing on long-term growth.
The company's commitment to cleaner generation and grid strengthening positions it well for future opportunities.
Despite earnings impacts, DTE remains confident in achieving its 2023 guidance midpoint.
Investment in transportation electrification and grid modernization presents avenues for margin growth.

DTE Energy offsets Q3 headwinds, revises EPS guidance downward

DTE Energy navigated Q3 challenges with cost reductions but revised EPS guidance. Strong performance in key segments and focus on stakeholder delivery. Addressing supply chain challenges and preparing for increased storm impacts.

DTE Energy surpasses challenges, eyes growth in clean energy

DTE Energy navigated challenges to achieve strong financial performance in 2023. The company's focus on customer affordability and clean energy aligns with market trends. Strategic investments and a robust growth agenda position DTE for long-term success.

DTE Energy posts solid Q1 earnings, eyes growth amid challenges

DTE Energy's Q1 performance reflects stability, growth, and strategic investments in grid modernization and cleaner generation
While facing challenges like tax timing issues and transitioning from coal, DTE is poised for future growth through revenue diversification
Opportunities in data centers, EVs, and cost-saving initiatives position DTE for continued value creation for customers and investors

DTE Energy excels in H1 2024, poised for sustainable growth

DTE Energy's strong financial position and strategic investments in grid reliability and cleaner energy sources position it well for future growth. The company's focus on community engagement and innovative energy solutions underscores its commitment to sustainability and customer service.

DTE Energy excels in Q3 earnings, poised for sustainable growth

DTE Energy reported strong Q3 performance with notable earnings across its business segments.
Despite challenges in certain areas, the company remains confident in its full-year guidance and future prospects.
With a focus on stakeholder value, reliability, and sustainability, DTE Energy is poised for continued growth and success.
The company's strategic investments and financial strength position it well for future opportunities and growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.

DTE Energy and Walker-Miller Energy Services launch Energy Efficiency Academy partnership, quadrupling program participants in 2023The program will serve:Detroiters – providing training accreditation and placement for good-paying jobs in the booming energy efficiency industryMichigan businesses – building a pipeline of skilled talentDTE customers – helping to make their homes more energy efficient DTE Energy and Walker-Miller Energy Services launch Energy Efficiency Academy partnership, quadrupling program participants in 2023The program will serve:Detroiters – providing training accreditation and placement for good-paying jobs in the booming energy efficiency industryMichigan businesses – building a pipeline of skilled talentDTE customers – helping to make their homes more energy efficient

New skilled-trade academy offers Detroiters jobs and energy efficient home repairs

DTE's natural gas buying strategy protects customers from natural gas price spikes, keeping DTE among Michigan's lowest-cost providers DTE's natural gas buying strategy protects customers from natural gas price spikes, keeping DTE among Michigan's lowest-cost providers

DTE Energy reduces natural gas rate, saving customers money on their heating bills

Detroit, Jan. 13, 2023 (GLOBE NEWSWIRE) -- DETROIT, Jan. 13, 2023 – DTE Energy (NYSE:DTE) will announce its full year 2022 earnings before the market opens Thursday, Feb. 23, 2023.

DTE Energy schedules full year 2022 earnings release, conference call

Detroit, Dec. 08, 2022 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of clean energy, today announced the retirement of two coal-fired power plants, bringing Southeast Michigan closer to a carbon-free future with more affordable and reliable energy. DTE is also retraining displaced workers for jobs elsewhere in the company.

DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future

Enterprise Products Partners

Kraft Heinz

Coca-Cola

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AT&T

Vici Properties

The bear market rally off the lows printed in October (which matched the June lows) has been a boon for beleaguered investors as the stock market has had one of the worst years since the turn of the century.

Top Wall Street Strategist Says Job Collapse Could Crush Market in 2023: 7 Safe Dividend Proxy Stocks to Buy Now

DETROIT, Dec. 08, 2022 (GLOBE NEWSWIRE) -- DETROIT, Dec. 8, 2022 – The DTE Energy (NYSE: DTE) Board of Directors today announced that its 2023 Annual Meeting of Common Stock Shareholders will be Thursday, May 4.

DTE Energy sets 2023 annual meeting date

BofA Global Research likes the Utilities sector for 2023 outperformance. I take a different stance as I assess the valuation landscape in the space.

DTE Energy: A Pricey Valuation With Limited Growth Prospects

Detroit, Nov. 23, 2022 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today released its 2021 Sustainability Report, the company's annual publication detailing its environmental, social and governance (ESG) efforts.

DTE Energy annual sustainability report highlights company efforts toward a clean energy future

Detroit, Nov. 17, 2022 (GLOBE NEWSWIRE) -- DTE Energy (NYSE: DTE) today announced the promotion of Andy Coulouris, director, Federal Affairs, to vice president, Corporate and Government Affairs. Coulouris succeeds Renze Hoeksema who will retire at the end of 2022 after 40 years of service to DTE. Throughout his career, Hoeksema guided the company through a host of public policy and regulatory issues, keeping the company engaged while maintaining strong bipartisan relationships.

DTE Energy names Andy Coulouris to vice president, Corporate and Government Affairs

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There were a few double-digit boosts in the first half of November. Most notably, ADP came through with a 20% increase and Snap-On Tools with a 14% increase. Emerson extended its dividend growth streak to 66 years with a 1% boost and Lancaster Colony started its 7th decade of dividend growth with a 6% increase.

Merck, Nike Among 14 Companies To Announce Annual Dividend Increases In The Second Half Of November

Grants will fund job development, small business growth, immigrant services and transformative community events Grants will fund job development, small business growth, immigrant services and transformative community events

DTE Energy Foundation provides $1.26 million in grants to support economic progress and community transformation in Metro Detroit

American Tower

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Microsoft

PayPal

Spotify

Union Pacific

Visa

Watsco

Many toll roads of different shapes and sizes exist in our world today, and each of them have a toll booth. The major operators of these booths have enjoyed decades of prosperity and outsized returns, I investigate a few identified companies.

Own The Toll Booths

Detroit, Nov. 03, 2022 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today released its CleanVision plan, a 20-year proposal to dramatically transform how the company generates electricity as part of its clean energy journey, all while investing in a modern grid that is reliable and affordable. The proposed plan increases investment in solar and wind energy, accelerates the retirement of coal plants, and includes the development of new energy storage – all reinforcing DTE's commitment to cleaner energy.

DTE Energy proposes transformational investment in Michigan-made renewable energy and accelerates emission reductions

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October saw 17 dividend growth companies boost their dividend payouts, including well-known companies like McDonald's and AbbVie. Including McDonald's, double-digit boosts came from Brown & Brown and Lincoln Electric.

15 Companies Expected To Boost Dividend Payouts In First Half Of November

DTE Energy's (DTE) operating net income in the third quarter totals $311 million compared with $334 million in the year-ago quarter.

DTE Energy (DTE) Q3 Earnings Surpass Estimates, Decline Y/Y

DTE Energy Company 5.25 % Debentures 2017-01.12.77 Global

DTE Energy Company (NYSE:DTE ) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Barbara Tuckfield - Director-IR Jerry Norcia - Chairman, President and CEO Dave Ruud - SVP and CFO Conference Call Participants Nicholas Campanella - Credit Suisse Shar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Insoo Kim - Goldman Sachs Paul Zimbardo - Bank of America Michael Sullivan - Wolfe Research Travis Miller - Morningstar Anthony Crowdell - Mizuho Ryan Levine - Citi Operator Good morning, and welcome to DTE Energy's Q3 2022 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Barbara Tuckfield, Director of Investor Relations.

DTE Energy Company (DTE) Q3 2022 Earnings Call Transcript

News for DTE Energy Stock (DTE)