DTE Energy Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	15,814	12,457	12,745	19,228	14,964
Revenue Growth (YoY)	26.95%	-2.26%	-33.72%	28.49%	31.00%
Fuel & Purchased Power	8,639	5,857	6,258	13,160	9,208
Operations & Maintenance	2,382	2,262	2,160	2,400	2,420
Depreciation & Amortization	1,841	1,732	1,606	1,468	1,377
Other Operating Expenses	529	487	471	456	448
Total Operating Expenses	13,391	10,338	10,495	17,484	13,453
Operating Income	2,423	2,119	2,250	1,744	1,511
Interest Expense	-1,056	-951	-791	-675	-630
Interest Income	120	153	74	49	22
Net Interest Expense	-936	-798	-717	-626	-608
Income (Loss) on Equity Investments	47	15	3	-14	38
Allowance for Equity Funds for Construction	105	86	42	29	27
Other Non-Operating Income (Expenses)	-40	-24	4	-26	114
EBT Excluding Unusual Items	1,599	1,398	1,582	1,107	1,082
Gain (Loss) on Sale of Assets	-49	-28	-16	5	-33
Other Unusual Items	-	-	-	-	-393
Pretax Income	1,550	1,370	1,566	1,112	656
Income Tax Expense	88	-34	169	29	-130
Earnings From Continuing Ops.	1,462	1,404	1,397	1,083	786
Earnings From Discontinued Ops.	-	-	-	-	111
Net Income to Company	1,462	1,404	1,397	1,083	897
Minority Interest in Earnings	-	-	-	-	10
Net Income	1,462	1,404	1,397	1,083	907
Preferred Dividends & Other Adjustments	3	3	3	3	2
Net Income to Common	1,459	1,401	1,394	1,080	905
Net Income Growth	4.13%	0.50%	28.99%	19.41%	-33.70%
Shares Outstanding (Basic)	207	207	206	195	193
Shares Outstanding (Diluted)	207	207	206	196	194
Shares Change (YoY)	-	0.48%	5.10%	1.03%	0.52%
EPS (Basic)	7.05	6.77	6.77	5.54	4.69
EPS (Diluted)	7.03	6.77	6.76	5.52	4.67
EPS Growth	3.87%	0.12%	22.46%	18.15%	-33.98%
Free Cash Flow	-1,020	-824	-714	-1,401	-705
Free Cash Flow Per Share	-4.93	-3.98	-3.47	-7.15	-3.63
Dividend Per Share	4.435	4.150	3.880	3.610	3.880
Dividend Growth	6.87%	6.96%	7.48%	-6.96%	-5.83%
Profit Margin	9.23%	11.25%	10.94%	5.62%	6.05%
Free Cash Flow Margin	-6.45%	-6.62%	-5.60%	-7.29%	-4.71%
EBITDA	3,617	3,320	3,382	2,798	2,542
EBITDA Margin	22.87%	26.65%	26.54%	14.55%	16.99%
D&A For EBITDA	1,194	1,201	1,132	1,054	1,031
EBIT	2,423	2,119	2,250	1,744	1,511
EBIT Margin	15.32%	17.01%	17.65%	9.07%	10.10%
Effective Tax Rate	5.68%	-	10.79%	2.61%	-
Revenue as Reported	15,814	12,457	12,745	19,228	14,964

Source: S&P Global Market Intelligence. Utility template. Financial Sources.