DTE Q3 2021 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$30B

Q3 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.7B+20.6% YoY

Gross Profit

$857M23.1% margin

Operating Income

$405M10.9% margin

Net Income

$25M0.7% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+23.0%

Cash Flow

Operating Cash Flow

$456M

Free Cash Flow

-$370M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$39.4B

Total Liabilities

$30.9B

Stockholders' Equity

$8.6B

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$3.1B	+20.6%
Gross Profit	$857M	$895M	-4.2%
Operating Income	$405M	$479M	-15.4%
Net Income	$25M	$476M	-94.7%

Revenue Segments

Energy Trading

$1.6B80%

DTE Vantage

$372M19%

Gas Storage and Pipelines

$14M1%

Electric

$2M0%

Corporate and Other

$1M0%

Gas

$1M0%