DTE Q2 2020 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$30B

Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.6B-10.6% YoY

Gross Profit

$856M33.1% margin

Operating Income

$367M14.2% margin

Net Income

$277M10.7% margin

EPS (Diluted)

$1.44

QoQ Revenue Growth

-14.5%

Cash Flow

Operating Cash Flow

$620M

Free Cash Flow

-$215M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$43.7B

Total Liabilities

$31.8B

Stockholders' Equity

$11.7B

Cash & Equivalents

$579M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.9B	-10.6%
Gross Profit	$856M	$710M	+20.6%
Operating Income	$367M	$300M	+22.3%
Net Income	$277M	$182M	+52.2%

Revenue Segments

Energy Trading

$740M65%

Power and Industrial Projects

$219M19%

Gas Storage and Pipelines

$172M15%

Electric

$3M0%

Gas

$3M0%

Corporate and Other

$1M0%