DTE Q2 2021 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$31B

Q2 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.0B+17.0% YoY

Gross Profit

$716M23.7% margin

Operating Income

$242M8.0% margin

Net Income

$179M5.9% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

-15.6%

Cash Flow

Operating Cash Flow

$859M

Free Cash Flow

-$346M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$49.6B

Total Liabilities

$37.1B

Stockholders' Equity

$12.4B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.6B	+17.0%
Gross Profit	$716M	$856M	-16.4%
Operating Income	$242M	$367M	-34.1%
Net Income	$179M	$277M	-35.4%

Revenue Segments

Energy Trading

$1.2B66%

Power and Industrial Projects

$394M22%

Gas Storage and Pipelines

$208M12%

Electric

$3M0%

Gas

$2M0%