DTE ENERGY CO

10-K & 10-Q Filings

DTE Energy is a Michigan-based holding company with subsidiaries engaged in various energy-related businesses. Its primary segments are Electric and Gas, which provide electricity and natural gas to approximately 2.3 million and 1.3 million customers in Michigan, respectively. DTE Electric generates power through coal, natural gas, nuclear, wind, solar, and hydroelectric sources, while DTE Gas purchases, stores, transports, and sells natural gas. The company's strategy includes reducing carbon emissions, meeting regulatory requirements, and optimizing opportunities from the Inflation Reduction Act. DTE Energy's website is www.dteenergy.com, and its ticker symbol is DTE.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$5152.00
5344.00
5197.00
5282.00
10337.00
10630.00
12607.00
14212.00
12669.00
12177.00
14964.00
19228.00
12745.00
3779.00
3240.00
7.84%-14.26%Cost of Revenue (-)
$2529.00
2580.00
2564.00
2633.00
852.00
2508.00
2484.00
Gross Profit (+)
$2623.00
2764.00
2633.00
2649.00
9485.00
8122.00
10123.00
Selling, General & Administrative (-)
$240.00
256.00
260.00
267.00
364.00
370.00
391.00
405.00
414.00
410.00
431.00
457.00
462.00
122.00
122.00
5.61%0.00%Operating Expenses (-)
$1621.00
1683.00
1633.00
1597.00
8246.00
8209.00
9931.00
12618.00
10962.00
10191.00
13469.00
17480.00
10502.00
3127.00
2723.00
16.85%-12.92%Costs & Expenses (Total) (-)
$4150.00
4263.00
4197.00
4230.00
9098.00
9185.00
10961.00
12618.00
10962.00
10191.00
13469.00
17480.00
10502.00
3127.00
2723.00
8.04%-12.92%Operating Income/Loss (+)
$1002.00
1028.00
1000.00
1052.00
1239.00
1445.00
1646.00
1594.00
1707.00
1986.00
1495.00
1748.00
2243.00
652.00
517.00
6.95%-20.71%Non-operating Income/Expense (+)
$-298.00
-260.00
-259.00
-222.00
-289.00
-340.00
-359.00
-378.00
-383.00
-448.00
-839.00
-636.00
-677.00
-157.00
-183.00
-16.56%Interest Expense (-)
$289.00
272.00
268.00
250.00
450.00
472.00
536.00
559.00
641.00
720.00
630.00
675.00
791.00
191.00
218.00
8.75%14.14%Earnings before Tax (+)
$704.00
768.00
741.00
830.00
950.00
1105.00
1287.00
1216.00
1324.00
1538.00
656.00
1112.00
1566.00
495.00
334.00
6.89%-32.53%Tax Expense (-)
$267.00
282.00
254.00
298.00
230.00
271.00
175.00
98.00
152.00
167.00
-130.00
29.00
169.00
50.00
21.00
-3.74%-58.00%Income/Loss (Continuing Operations) (+)
$437.00
486.00
487.00
532.00
720.00
834.00
1112.00
1118.00
1172.00
1371.00
786.00
1083.00
1397.00
445.00
313.00
10.17%-29.66%Income/Loss (Discontinued Operations) (+)
$
117.00
Profit/Loss (+)
$437.00
486.00
487.00
720.00
834.00
1112.00
1118.00
1172.00
1371.00
903.00
1083.00
1397.00
10.17%Net Income/Loss (NCI) (-)
$
-7.00
-34.00
-22.00
-2.00
3.00
3.00
Net Income/Loss (+)
$437.00
486.00
487.00
532.00
727.00
868.00
1134.00
1120.00
1169.00
1368.00
907.00
1083.00
1397.00
445.00
313.00
10.17%-29.66%Net Income/Loss (Common) (+)
$437.00
486.00
487.00
532.00
727.00
868.00
1134.00
1120.00
1169.00
1368.00
907.00
1083.00
1397.00
445.00
313.00
10.17%-29.66%EPS (Basic)
$
4.05
4.84
6.32
6.18
6.32
7.09
4.68
5.53
6.77
2.16
1.51
-30.09%EPS (Diluted)
$
4.05
4.83
6.32
6.17
6.31
7.08
4.67
5.52
6.76
2.16
1.51
-30.09%Weighted Avg Shares (Basic)
138.63
179.00
179.00
179.00
181.00
185.00
193.00
193.00
195.00
206.00
206.00
206.00
0.00%Weighted Avg Shares (Diluted)
179.00
179.00
179.00
181.00
185.00
193.00
194.00
196.00
206.00
206.00
207.00
0.49%Cash
$140.00
132.00
127.00
110.00
60.00
113.00
89.00
76.00
93.00
516.00
35.00
43.00
51.00
137.00
349.00
-8.07%154.74%Short-term Investments
$
200.00
Receivables
$848.00
767.00
773.00
734.00
1362.00
1605.00
1876.00
1908.00
1912.00
1805.00
1830.00
2182.00
1787.00
1693.00
1615.00
6.41%-4.61%Inventory
$447.00
439.00
403.00
500.00
803.00
772.00
779.00
406.00
759.00
716.00
858.00
942.00
1054.00
806.00
1049.00
7.41%30.15%Other Assets (Current)
$361.00
239.00
281.00
137.00
364.00
284.00
357.00
870.00
347.00
474.00
594.00
1013.00
647.00
901.00
539.00
4.98%-40.18%Assets (Current)
$1796.00
1577.00
1584.00
1481.00
2575.00
2762.00
3081.00
3260.00
3086.00
3498.00
3317.00
4180.00
3539.00
3537.00
3752.00
5.82%6.08%Securities & Long-term Investments
$1058.00
1170.00
1351.00
1413.00
1936.00
2273.00
2797.00
3368.00
3788.00
3919.00
2452.00
2155.00
2375.00
2225.00
2454.00
6.97%10.29%Property, Plant & Equipment (Net)
$10262.00
10972.00
11779.00
12589.00
18034.00
19730.00
20721.00
21650.00
25317.00
27969.00
26944.00
28767.00
28169.00
29187.00
28585.00
8.78%-2.06%Accumulated Depreciation
$6526.00
6717.00
6951.00
7216.00
10087.00
10299.00
10703.00
10160.00
9755.00
10028.00
10139.00
10579.00
9105.00
10714.00
9343.00
2.81%-12.80%Goodwill & Intangibles
$36.00
30.00
41.00
37.00
2107.00
3128.00
3160.00
3142.00
4857.00
4805.00
2170.00
2159.00
2149.00
2157.00
2146.00
40.60%-0.51%Other Assets
$5278.00
4939.00
3846.00
4370.00
5345.00
5582.00
5613.00
6435.00
6592.00
7343.00
6810.00
7158.00
10432.00
7222.00
10947.00
5.84%51.58%Assets (Non-current)
$15697.00
16074.00
15826.00
17168.00
26162.00
29279.00
30686.00
33028.00
39062.00
42333.00
36402.00
38503.00
41216.00
38981.00
42150.00
8.38%8.13%Assets (Total)
$17493.00
17651.00
17410.00
18649.00
28737.00
32041.00
33767.00
36288.00
41882.00
45496.00
39719.00
42683.00
44755.00
42518.00
45902.00
8.14%7.96%Accounts Payable
$557.00
411.00
61.00
58.00
1029.00
1323.00
1440.00
1628.00
1418.00
1397.00
1725.00
1954.00
1741.00
1455.00
1547.00
9.96%6.32%Debt (Current)
$470.00
573.00
562.00
252.00
1244.00
575.00
968.00
2257.00
1999.00
507.00
3632.00
2286.00
3425.00
1853.00
2699.00
18.00%45.66%Other Liabilities (Current)
$374.00
364.00
1030.00
727.00
255.00
539.00
404.00
553.00
580.00
787.00
989.00
933.00
717.00
728.00
729.00
5.57%0.14%Liabilities (Current)
$1401.00
1348.00
1653.00
1037.00
2528.00
2437.00
2812.00
4438.00
3997.00
2691.00
6346.00
5173.00
5883.00
4036.00
4975.00
12.70%23.27%Debt (Non-current)
$4593.00
4524.00
4649.00
5144.00
8835.00
11269.00
12185.00
12134.00
15935.00
19001.00
14531.00
16873.00
17420.00
17662.00
19248.00
11.75%8.98%Other Liabilities
$7363.00
7476.00
6254.00
7272.00
8579.00
8836.00
8780.00
8999.00
10114.00
11215.00
10129.00
10236.00
10397.00
10174.00
10501.00
2.92%3.21%Liabilities (Non-current)
$11956.00
12000.00
10903.00
12416.00
8579.00
8836.00
8780.00
8999.00
10114.00
11215.00
24660.00
27109.00
27817.00
27836.00
29749.00
7.29%6.87%Liabilities (Total)
$13357.00
13348.00
12556.00
13453.00
19942.00
22542.00
23777.00
25571.00
30046.00
32907.00
31006.00
32085.00
33503.00
31689.00
34543.00
7.96%9.01%Retained Earnings
$960.00
1129.00
1274.00
1436.00
4794.00
5114.00
5600.00
6100.00
6587.00
7156.00
3438.00
3808.00
4404.00
4055.00
4505.00
13.54%11.10%AOCI
$-20.00
-22.00
-16.00
-26.00
-145.00
-133.00
-120.00
-120.00
-148.00
-137.00
-112.00
-62.00
-67.00
-65.00
-42.00
35.38%Shareholder's Equity
$4136.00
4303.00
4854.00
5196.00
8795.00
9499.00
9990.00
10717.00
11836.00
12589.00
8713.00
10401.00
11055.00
10646.00
11178.00
8.54%5.00%Liabilities & Equity
$17493.00
17651.00
17410.00
18649.00
28737.00
32041.00
33767.00
36288.00
41882.00
45496.00
39719.00
42683.00
44755.00
42518.00
45902.00
8.14%7.96%Net Income/Loss
$437.00
486.00
487.00
532.00
1447.00
1702.00
2246.00
2238.00
2341.00
2739.00
903.00
1083.00
1397.00
445.00
313.00
10.17%-29.66%Depreciation & Amortization
$813.00
822.00
896.00
927.00
852.00
976.00
1030.00
1124.00
1263.00
1443.00
385.00
423.00
9.87%Increase/Decrease in Working Capital
$141.00
-284.00
224.00
206.00
503.00
132.00
415.00
-134.00
203.00
-389.00
-281.00
644.00
-3.00
-39.00
-282.00
-623.08%Adjustments to Reconcile Net Income
$916.00
1026.00
1001.00
852.00
464.00
382.00
-129.00
442.00
308.00
958.00
2164.00
894.00
1823.00
479.00
729.00
5.90%52.19%Net Cash (Operating)
$1353.00
1512.00
1488.00
1384.00
1911.00
2084.00
2117.00
2680.00
2649.00
3697.00
3067.00
1977.00
3220.00
924.00
1042.00
7.49%12.77%Capital Expenditure
$1202.00
1230.00
1325.00
1561.00
2178.00
2883.00
1873.00
2626.00
4819.00
2824.00
5.00
-11.00
24.00
10.00
3.00
-27.83%-70.00%Net Cash (Investing)
$-1177.00
-1230.00
-1572.00
-1389.00
-2204.00
-3388.00
-2564.00
-3347.00
-5732.00
-4070.00
-3863.00
-3431.00
-4095.00
-981.00
-1616.00
-64.73%Increase/Decrease in Debt
$609.00
55.00
178.00
105.00
771.00
1882.00
1135.00
1315.00
3169.00
2020.00
1655.00
988.00
1672.00
354.00
1088.00
8.78%207.34%Increase/Decrease in Equity
$
9.00
-33.00
-51.00
1023.00
2.00
-66.00
1245.00
Interest Expenses
$
256.00
240.00
428.00
448.00
495.00
572.00
595.00
679.00
671.00
638.00
751.00
Dividends Paid
$305.00
317.00
342.00
370.00
501.00
531.00
592.00
620.00
692.00
760.00
791.00
685.00
752.00
188.00
202.00
7.81%7.45%Net Cash (Financing)
$-193.00
-265.00
81.00
-8.00
282.00
1359.00
421.00
654.00
3100.00
796.00
315.00
1462.00
883.00
151.00
872.00
477.48%Cash Taxes Paid
$
183.00
4.00
14.00
-1.00
4.00
-26.00
18.00
-360.00
-3.00
-3.00
-5.00
Increase/Decrease in Cash
$-17.00
17.00
-3.00
-13.00
-11.00
55.00
-26.00
-10.00
17.00
423.00
-481.00
8.00
8.00
94.00
298.00
217.02%Cash (Beginning)
$30.00
13.00
30.00
27.00
48.00
37.00
92.00
155.00
76.00
93.00
516.00
35.00
43.00
43.00
51.00
3.05%18.60%Cash (Ending)
$13.00
30.00
27.00
14.00
37.00
92.00
66.00
147.00
93.00
516.00
35.00
43.00
51.00
137.00
349.00
12.06%154.74%NOPAT
$621.98
650.53
753.04
1046.93
1220.74
1090.62
1640.88
1465.54
1683.79
1770.36
1501.84
1702.41
2000.94
586.14
484.49
10.23%-17.34%Gross Margin %
50.91%
51.72%
50.66%
50.15%
91.76%
76.41%
80.30%
Operating Margin %
19.45%
19.24%
19.24%
19.92%
11.99%
13.59%
13.06%
11.22%
13.47%
16.31%
9.99%
9.09%
17.60%
17.25%
15.96%
NOPAT Margin %
12.07%
12.17%
14.49%
19.82%
11.81%
10.26%
13.02%
10.31%
13.29%
14.54%
10.04%
8.85%
15.70%
15.51%
14.95%
Net Margin %
8.48%
9.09%
9.37%
10.07%
7.03%
8.17%
9.00%
7.88%
9.23%
11.23%
6.06%
5.63%
10.96%
11.78%
9.66%
Tax Rate %
37.93%
36.72%
24.70%
0.48%
1.47%
24.52%
0.31%
8.06%
1.36%
10.86%
-0.46%
2.61%
10.79%
10.10%
6.29%
ROA
3.56%
3.69%
4.33%
5.61%
4.25%
3.40%
4.86%
4.04%
4.02%
3.89%
3.78%
3.99%
4.47%
1.38%
1.06%
ROE
15.04%
15.12%
15.51%
20.15%
13.88%
11.48%
16.43%
13.67%
14.23%
14.06%
17.24%
16.37%
18.10%
5.51%
4.33%
ROIC
5.66%
5.54%
6.00%
7.73%
5.76%
4.59%
6.57%
5.80%
5.39%
5.20%
5.07%
5.38%
6.43%
1.82%
1.52%
Asset Turnover
0.29
0.30
0.30
0.28
0.36
0.33
0.37
0.39
0.30
0.27
0.38
0.45
0.28
0.09
0.07
Inventory Turnover
5.66
5.88
6.36
5.27
1.06
3.25
3.19
Equity Multiplier
4.23
4.10
3.59
3.59
3.27
3.37
3.38
3.39
3.54
3.61
4.56
4.10
4.05
3.99
4.11
Current Ratio
1.28
1.17
0.96
1.43
1.02
1.14
1.10
0.73
0.78
1.30
0.52
0.81
0.60
0.88
0.75
Quick Ratio
0.71
0.67
0.54
0.81
0.56
0.70
0.70
0.45
0.50
0.86
0.29
0.43
0.31
0.45
0.43
Debt/Equity Ratio
1.22
1.18
1.07
1.04
1.15
1.25
1.32
1.34
1.52
1.55
2.08
1.84
1.89
1.83
1.96
Interest Coverage Ratio
3.91
4.38
2.89
3.23
3.33
2.79
2.87
2.92
2.23
2.74
2.99
Working Capital/Sales
0.13
0.14
0.14
0.17
0.10
0.08
0.09
0.03
0.08
0.10
0.03
0.04
0.06
0.22
0.33
Dividend Payout Ratio %
49.04%
48.73%
45.42%
35.34%
41.04%
48.69%
36.08%
42.31%
41.10%
42.93%
52.67%
40.24%
37.58%
32.07%
41.69%
Total Payout
$-304.00
262.00
420.00
505.00
149.00
-870.00
3.00
-123.00
-2905.00
-583.00
-127.00
-910.00
-169.00
-166.00
-886.00
-433.73%Payout Ratio %
-48.88%
40.27%
55.77%
48.24%
12.21%
-79.77%
0.18%
-8.39%
-172.53%
-32.93%
-8.46%
-53.45%
-8.45%
-28.32%
-182.87%