DTE Energy Company (DTE) Financial Statements
Historical financial data — 28 statements covering FY2016–FY2022
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas ser...
DTE Energy Company's revenue increased 57.9% year over year, from $12.18B to $19.23B.
Net income decreased 20.8% over the same period, from $1.37B to $1.08B.
Over the 6-year period from FY2016 to FY2022, revenue grew by 81% in total.
Total debt decreased by 5.3% to $18.04B.
The debt-to-equity ratio stands at 1.73, indicating a elevated leverage profile.
Operating cash flow declined 46.5% to $1.98B.
DTE Energy Company maintains a moderate net profit margin of 5.6%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2020 | $8.89B+58.6% | $1.09B | $1.52B | $1.52B | $2.78B | $44.44B | $19.21B | $12.32B |
| Q1 FY2021 | $3.78B-57.5% | $397.0M | $537.0M | $537.0M | $1.06B | $46.70B | $20.05B | $12.55B |
| Q2 FY2021 | $2.77B-26.7% | $446.0M | $639.0M | $639.0M | $1.92B | $27.67B | $8.95B | $8.22B |
| Q1 FY2022 | $4.58B+65.4% | $394.0M | $558.0M | $558.0M | $808.0M | $40.36B | $15.87B | $8.86B |
| Q2 FY2022 | $9.50B+107.6% | $431.0M | $741.0M | $741.0M | $1.14B | $41.31B | $10.30B | $8.57B |
| Q3 FY2022 | $14.75B+55.3% | $818.0M | $1.29B | $1.29B | $1.41B | $41.95B | $10.37B | $8.98B |
| Q1 FY2024 | $3.24B-78.0% | $313.0M | $517.0M | $517.0M | $1.04B | $45.90B | $19.54B | $11.17B |
| Q1 FY2026 | $5.14B+58.7% | $247.0M | $412.0M | $412.0M | $906.0M | $55.11B | $25.20B | $12.32B |
Balance Sheet Summary (Latest Period)
Total Assets
$42.68B
Total Liabilities
$32.29B
Total Equity
$10.40B
Cash & Equivalents
$33.0M
Total Debt
$18.04B
Current Assets
$4.18B
Current Liabilities
$5.17B
Retained Earnings
$3.80B