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DTE Energy
🇺🇸 NYSE:DTE
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Sep 30, 2024

DTE Energy Q3 2024 Earnings Report

DTE Energy reported Q3 2024 earnings and accomplishments, highlighting investments in energy infrastructure improvements.

Key Takeaways

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.

Continued investment in smart grid technology and new substations to improve electric reliability.

Began construction of three new solar parks, funded by the company’s voluntary MIGreenPower program.

Installed nearly 1,000 free air conditioners for people in need in metro Detroit.

Published the 2023 CleanVision Sustainability Report.

Total Revenue
$2.84B
Previous year: $2.85B
-0.3%
EPS
$2.22
Previous year: $1.44
+54.2%
Gross Profit
$524M
Previous year: $562M
-6.8%
Cash and Equivalents
$2.09B
Previous year: $66M
+3072.7%
Free Cash Flow
-$369M
Previous year: -$317M
+16.4%
Total Assets
$49.8B
Previous year: $43.7B
+13.9%

DTE Energy

DTE Energy

DTE Energy Revenue by Segment

Forward Guidance

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

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View DTE Energy