DTE Q3 2024 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$31B

Q3 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.9B+0.6% YoY

Gross Profit

$1.1B37.0% margin

Operating Income

$517M17.8% margin

Net Income

$477M16.4% margin

EPS (Diluted)

$2.30

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$759M

Free Cash Flow

-$370M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$49.8B

Total Liabilities

$38.2B

Stockholders' Equity

$11.6B

Cash & Equivalents

$969M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.9B	+0.6%
Gross Profit	$1.1B	$1.0B	+2.9%
Operating Income	$517M	$538M	-3.9%
Net Income	$477M	$332M	+43.7%

Revenue Segments

Electric

$1.7B57%

Energy Trading

$840M28%

Gas

$230M8%

DTE Vantage

$190M6%