earnings
confidence high
sentiment negative
materiality 0.60
DTE Gas 2024 net income $259M, down 12% YoY; revenue up 3% to $1.78B
DTE ENERGY CO
2024-FY EPS reported
$6.77
- Net income $259M vs $294M in 2023; operating income $438M vs $472M.
- Revenue $1,783M +3% YoY; infrastructure recovery (+$25M) and GCR (+$20M) offset by weather (-$14M).
- Plant and equipment expenditures $729M in 2024, flat vs 2023; capital contributions from parent $221M.
- Dividends paid on common stock $210M, up from $191M.
- Total assets $8.39B, up 9.6% from $7.66B; long-term debt $2.78B.