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Dec 31, 2024
DTE Energy Q4 2024 Earnings Report
DTE Energy reported earnings and investments for Q4 2024.
Key Takeaways
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.
Reduced customers' bills by $300 million through fuel and transportation cost savings.
Invested $4.4 billion in electric and gas infrastructure to improve reliability and promote cleaner energy.
Customers experienced a nearly 70% improvement in time spent without power compared to 2023.
Supported vulnerable customers by connecting them to $144 million in energy assistance.
Revenue by Segment
Forward Guidance
DTE Energy announces its 2025 operating EPS guidance of $7.09 - $7.23.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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