DTE Q4 2023 Earnings — DTE Energy Company Revenue & Financial Results | Market Cap Arena

DTEDTE Energy Company

$31B

Q4 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.4B-24.2% YoY

Gross Profit

$1.2B35.8% margin

Operating Income

$656M19.3% margin

Net Income

$419M12.3% margin

EPS (Diluted)

$2.03

QoQ Revenue Growth

+17.5%

Cash Flow

Operating Cash Flow

$845M

Free Cash Flow

-$276M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.8B

Total Liabilities

$33.7B

Stockholders' Equity

$11.1B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$4.5B	-24.2%
Gross Profit	$1.2B	$944M	+28.8%
Operating Income	$656M	$462M	+42.0%
Net Income	$419M	$265M	+58.1%

Revenue Segments

Electric

$4.4B55%

Energy Trading

$2.1B27%

Gas

$1.0B13%

DTE Vantage

$436M5%