Utilities
Utilities - Regulated Electric
$25.18B
9.9K
Key insights and themes extracted from this filing
The consolidated statements of operations show a net income attributable to DTE Energy Company of $477 million for the three months ended September 30, 2024, compared to $332 million for the same period in 2023. This represents a significant increase in profitability.
The consolidated statements of operations show that utility operations revenue increased from $1,827 million to $1,903 million, while non-utility operations revenue decreased from $1,061 million to $1,003 million for the three months ended September 30, 2024.
Interest expense for DTE Energy increased from $200 million to $252 million, and for DTE Electric, it increased from $114 million to $128 million for the three months ended September 30, 2024. This could indicate increased borrowing or higher interest rates.