DTE Energy Company Website

DTE Energy Company

NYSE-DTE

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

12,168

11,423

14,964

19,228

12,745

12,397

Total Revenues % Chg.

-14.4%

-6.1%

31%

28.5%

-33.7%

-23.4%

Cost of Goods Sold, Total

9,149

8,144

11,628

15,560

8,418

8,024

Gross Profit

3,019

3,279

3,336

3,668

4,327

4,373

Selling General & Admin Expenses, Total

—

—

39

50

17

-1

9

1

Depreciation & Amortization

1,169

1,292

1,377

1,468

1,606

1,675

Other Operating Expenses

406

395

431

457

462

471

Other Operating Expenses, Total

1,614

1,737

1,825

1,924

2,077

2,147

Operating Income

1,405

1,542

1,511

1,744

2,250

2,226

Interest Expense, Total

-568

-601

-630

-675

-791

-859

Interest And Investment Income

9

29

22

46

57

81

Net Interest Expenses

-559

-572

-608

-629

-734

-778

Income (Loss) On Equity Invest.

14

26

38

-14

3

23

Other Non Operating Income (Expenses)

167

129

141

6

63

71

EBT, Excl. Unusual Items

1,027

1,125

1,082

1,107

1,582

1,542

Restructuring Charges

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

-14

-37

-33

5

-16

-14

Asset Writedown

—

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

—

—

—

—

-6

-393

—

—

—

EBT, Incl. Unusual Items

1,013

1,082

656

1,112

1,566

1,528

Income Tax Expense

71

37

-130

29

169

142

Earnings From Continuing Operations

942

1,045

786

1,083

1,397

1,386

Earnings Of Discontinued Operations

—

—

—

—

—

214

314

111

—

—

—

Minority Interest

13

9

10

—

—

—

Net Income

1,169

1,368

907

1,083

1,397

1,386

Preferred Dividend and Other Adjustments

2

2

2

3

3

2

Net Income to Common Incl Extra Items

1,167

1,366

905

1,080

1,394

1,384

Net Income to Common Excl. Extra Items

953

1,052

794

1,080

1,394

1,384

Total Shares Outstanding

192.2

193.8

193.7

205.6

206.4

207

Weighted Avg. Shares Outstanding

185

193

193

195

206

206

Weighted Avg. Shares Outstanding Dil

185

193

194

196

206

206.5

EPS

6.3

7.1

4.7

5.5

6.8

6.7

EPS Diluted

6.3

7.1

4.7

5.5

6.8

6.7

EBITDA

2,285

2,499

2,542

2,798

3,382

3,417

Effective Tax Rate

7%

3.4%

-19.8%

2.6%

10.8%

9.3%