DTE Energy (DTE) FY2024 results: revenue $12.5 billion, down 2.3% on the year
DTE Energy Co. (DTE) reported revenue of $12.5 billion for fiscal 2024, the year ended 31 December 2024, down 2.3% on the year before. Net income was $1.4 billion, up 0.5%, and diluted earnings per share $6.77. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$12.5 billion
-2.3% on the year
FY2017FY2024
Operating margin
16.8%
17.6% a year earlier
FY2017FY2024
Net income
$1.4 billion
+0.5% on the year
FY2017FY2024
Diluted EPS
$6.77
+0.1% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
3,643
3,220
1,977
+13.1%
Cash from investing
-4,951
-4,095
-3,431
Cash from financing
1,345
883
1,462
+52.3%
Depreciation and amortisation
1,732
1,606
1,468
+7.8%
Buybacks
0.0
0.0
55.0
Dividends paid
810
752
685
+7.7%
Dividend per share
$4.15
$3.88
$3.61
+7.0%
Diluted shares, weighted
207m
206m
196m
+0.5%
Shares outstanding at period end
207m
206m
206m
+0.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
11,699
11,050
10,397
+5.9%
Non-controlling interest
5.0
5.0
4.0
0.0%
Debt
23,053
20,845
19,159
+10.6%
Operating lease liabilities
167
108
68.0
+54.6%
Finance lease liabilities
18.0
13.0
11.0
+38.5%
Other liabilities
13,904
12,734
13,044
+9.2%
Total liabilities and equity
48,846
44,755
42,683
+9.1%
Fixed assets
30,893
28,169
28,767
+9.7%
Goodwill
1,993
1,993
1,993
0.0%
Intangible assets
144
156
166
-7.7%
Investments
2,560
2,375
2,155
+7.8%
Cash and equivalents
24.0
26.0
33.0
-7.7%
Receivables
1,690
1,632
2,038
+3.6%
Other assets
11,542
10,404
7,531
+10.9%
Total assets
48,846
44,755
42,683
+9.1%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.