DTE Energy Earnings Reports

DTE Energy announced a record investment in utility infrastructure for 2024, leading to a significant reduction in customer outage times. The company reported 2024 earnings of $1.4 billion, or $6.77 per diluted share, compared to $1.4 billion, or $6.76 per diluted share in 2023. Operating earnings for 2024 were $1.4 billion, or $6.83 per diluted share, compared with 2023 operating earnings of $1.2 billion, or $5.73 per diluted share.

DTE Energy reported third quarter earnings of $477 million, or $2.30 per diluted share, compared with $332 million, or $1.61 per diluted share in 2023. Operating earnings for the third quarter 2024 were $460 million, or $2.22 per diluted share, compared with 2023 operating earnings of $298 million, or $1.44 per diluted share.

DTE Energy reported Q2 earnings of $322 million, or $1.55 per diluted share, compared to $201 million, or $0.97 per diluted share in 2023. Operating earnings for the second quarter 2024 were $296 million, or $1.43 per diluted share, compared with 2023 operating earnings of $206 million, or $0.99 per diluted share. The company invested over $2 billion in the first half of 2024 and is on pace for a full year investment of over $4 billion.

DTE Energy reported first quarter earnings of $313 million, or $1.51 per diluted share, compared with $445 million, or $2.16 per diluted share in 2023. Operating earnings for the first quarter 2024 were $346 million, or $1.67 per diluted share, compared with 2023 operating earnings of $274 million, or $1.33 per diluted share.

DTE Energy reported Q4 2023 earnings with a focus on infrastructure investments and clean energy advancements. The company invested a record $3.8 billion in electric and natural gas infrastructure in 2023. While specific Q4 revenue figures were not provided, the company highlighted progress in reliability improvements, cost savings for customers, and support for vulnerable customers.