DTE Q2 2019 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$30B

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.9B-8.6% YoY

Gross Profit

$710M24.6% margin

Operating Income

$300M10.4% margin

Net Income

$182M6.3% margin

EPS (Diluted)

$0.99

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$615M

Free Cash Flow

-$113M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$36.9B

Total Liabilities

$26.3B

Stockholders' Equity

$10.4B

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$3.2B	-8.6%
Gross Profit	$710M	$699M	+1.6%
Operating Income	$300M	$329M	-8.8%
Net Income	$182M	$234M	-22.2%

Revenue Segments

Electric

$1.2B39%

Energy Trading

$1.1B36%

Power and Industrial Projects

$402M13%

Gas

$243M8%

Gas Storage and Pipelines

$121M4%