DTE Q2 2024 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$31B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.9B+7.1% YoY

Gross Profit

$1.1B36.6% margin

Operating Income

$502M17.5% margin

Net Income

$322M11.2% margin

EPS (Diluted)

$1.55

QoQ Revenue Growth

-11.3%

Cash Flow

Operating Cash Flow

$759M

Free Cash Flow

-$282M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$47.8B

Total Liabilities

$36.7B

Stockholders' Equity

$11.1B

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.7B	+7.1%
Gross Profit	$1.1B	$909M	+15.7%
Operating Income	$502M	$397M	+26.4%
Net Income	$322M	$201M	+60.2%

Revenue Segments

Electric

$1.6B55%

Energy Trading

$837M29%

Gas

$289M10%

DTE Vantage

$181M6%