DTE Q3 2023 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$31B

Q3 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.9B-45.0% YoY

Gross Profit

$1.0B36.1% margin

Operating Income

$538M18.6% margin

Net Income

$332M11.5% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$616M

Free Cash Flow

-$321M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$43.7B

Total Liabilities

$32.9B

Stockholders' Equity

$10.8B

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$5.3B	-45.0%
Gross Profit	$1.0B	$1.0B	+1.8%
Operating Income	$538M	$545M	-1.3%
Net Income	$332M	$387M	-14.2%

Revenue Segments

Electric

$1.6B55%

Energy Trading

$893M30%

Gas

$227M8%

DTE Vantage

$199M7%