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🇺🇸 NYSE:DTE

Overview Earnings Dividends

Jul 25, 2024

•

Jun 30, 2024

DTE Energy Q2 2024 Earnings Report

DTE Energy's Q2 2024 earnings were reported, highlighting investments in infrastructure and clean energy.

Key Takeaways

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.

Committed to improving electric reliability for customers.

Broke ground on region’s largest battery energy storage facility.

Helped make NFL Draft a carbon-neutral success.

Grew Energy Efficiency Academy in Detroit and expanded to Grand Rapids.

Total Revenue

$2.73B

Previous year: $2.68B

+1.8%

EPS

$1.43

Previous year: $0.99

+44.4%

Gross Profit

$503M

Cash and Equivalents

$1.15B

Previous year: $30M

+3730.0%

Free Cash Flow

-$266M

Total Assets

$47.8B

Previous year: $42.9B

+11.4%

DTE Energy

DTE Energy

Forward Guidance

DTE Energy confirms 2024 operating EPS guidance of $6.54 - $6.83.

Company Overview

Full financial data and analysis

View DTE Energy