DTE Energy Company (DTE)

DTE Energy Company Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	12,745	19,228	14,964	11,423	12,168
Revenue Growth (YoY)	-33.72%	28.50%	31.00%	-6.12%	-14.38%
Cost of Revenue	8,418	15,560	11,628	8,144	9,149
Gross Profit	4,327	3,668	3,336	3,279	3,019
Other Operating Expenses	2,084	1,920	1,841	1,724	1,589
Operating Expenses	2,084	1,920	1,841	1,724	1,589
Operating Income	2,243	1,748	1,495	1,555	1,430
Interest Expense / Income	791	675	630	601	568
Other Expense / Income	-114	-39	88	-451	-378
Pretax Income	1,566	1,112	777	1,405	1,240
Income Tax	169	29	-130	37	71
Net Income	1,397	1,083	907	1,368	1,169
Net Income Growth	28.99%	19.40%	-33.70%	17.02%	4.37%
Shares Outstanding (Basic)	206	195	193	193	185
Shares Outstanding (Diluted)	206	196	194	193	185
Shares Change	5.10%	1.03%	0.52%	4.32%	2.21%
EPS (Basic)	6.77	5.53	4.68	7.09	6.32
EPS (Diluted)	6.76	5.52	4.67	7.08	6.31
EPS Growth	22.46%	18.20%	-34.04%	12.20%	2.27%
Free Cash Flow	-711	-1,377	-702	-147	-348
Free Cash Flow Per Share	-3.45	-7.06	-3.64	-0.76	-1.88
Dividend Per Share	3.878	3.607	4.965	4.123	3.847
Dividend Growth	7.51%	-27.35%	20.42%	7.17%	7.10%
Gross Margin	33.95%	19.08%	22.29%	28.71%	24.81%
Operating Margin	17.60%	9.09%	9.99%	13.61%	11.75%
Profit Margin	10.96%	5.63%	6.06%	11.98%	9.61%
Free Cash Flow Margin	-5.58%	-7.16%	-4.69%	-1.29%	-2.86%
Effective Tax Rate	10.79%	2.61%	-16.73%	2.63%	5.73%
EBITDA	3,963	3,255	2,866	3,449	3,071
EBITDA Margin	31.09%	16.93%	19.15%	30.19%	25.24%
Depreciation & Amortization	1,606	1,468	1,459	1,443	1,263
EBIT	2,357	1,787	1,407	2,006	1,808
EBIT Margin	18.49%	9.29%	9.40%	17.56%	14.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).