DTE EnergyDTEEarnings & Financial Report
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.
Revenue
$2.9B
Gross Profit
N/A
Operating Profit
$502.0M
Net Profit
$322.0M
Gross Margin
N/A
Operating Margin
17.5%
Net Margin
11.2%
YoY Growth
7.1%
EPS
$1.55
DTE Energy Q2 FY2024 Financial Summary
DTE Energy reported revenue of $2.9B (up 7.1% YoY) for Q2 FY2024, with a net profit of $322.0M (up 60.2% YoY) (11.2% margin).
Key Financial Metrics
| Total Revenue | $2.9B |
|---|---|
| Net Profit | $322.0M |
| Gross Margin | N/A |
| Operating Margin | 17.5% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
DTE Energy Q2 FY2024 revenue of $2.9B breaks down across 9 segments, led by Energy Trading at $837.0M (29.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Energy Trading | $837.0M | 29.1% |
| Residential | $744.0M | 25.9% |
| Gas | $289.0M | 10.1% |
| Other | $253.0M | 8.8% |
| Gas Sales | $201.0M | 7.0% |
| Industrial | $187.0M | 6.5% |
| DTE Vantage | $181.0M | 6.3% |
| End User Transportation | $53.0M | 1.8% |
| Intermediate Transportation | $16.0M | 0.6% |
DTE Energy Revenue by Segment — Quarterly Trend
DTE Energy revenue by segment across the last 4 reported quarters, showing how each business line (such as Energy Trading and Residential) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Residential | $723.0M | $968.0M | — | — |
| Other | $333.0M | — | — | $50.0M |
| Gas Sales | — | $112.0M | — | $692.0M |
DTE Energy Annual Revenue by Year
DTE Energy annual revenue history includes year-by-year totals (for example, 2025 revenue was $15.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $15.8B |
| 2024 | $12.5B |
| 2023 | $12.7B |
| 2022 | $19.2B |
DTE Energy Quarterly Revenue & Net Profit History
DTE Energy results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $4.4B | +28.9% | $369.0M | 8.3% |
| Q3 FY2025 | $3.5B | +21.4% | $419.0M | 11.9% |
| Q2 FY2025 | $3.4B | +18.9% | $229.0M | 6.7% |
| Q1 FY2025 | $4.4B | +37.0% | $445.0M | 10.0% |
| Q4 FY2024 | $3.4B | +1.2% | $292.0M | 8.5% |
| Q3 FY2024 | $2.9B | +0.6% | $477.0M | 16.4% |
| Q2 FY2024 | $2.9B | +7.1% | $322.0M | 11.2% |
| Q1 FY2024 | $3.2B | -14.3% | $313.0M | 9.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.24B | $2.88B | $2.91B | $3.44B | $4.44B | $3.42B | $3.53B | $4.43B |
| YoY Growth | -14.3% | 7.1% | 0.6% | 1.2% | 37.0% | 18.9% | 21.4% | 28.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $45.90B | $47.81B | $49.81B | $48.85B | $49.55B | $50.25B | $52.03B | $54.07B |
| Liabilities | $34.73B | $36.70B | $38.21B | $37.15B | $37.63B | $38.53B | $39.87B | $41.76B |
| Equity | $11.17B | $11.11B | $11.59B | $11.70B | $11.92B | $11.72B | $12.16B | $12.30B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.04B | $759.0M | $758.0M | $1.08B | $1.02B | $709.0M | $632.0M | $1.05B |