Sector: Utilities|Industry: Utilities - Regulated Electric|Market Cap: $25.18B|Employees: 9.9K
DTE Energy Company is a diversified energy company with utility operations primarily through DTE Electric and DTE Gas. DTE Electric is a public utility engaged in the generation, purchase, distribution, and sale of electricity in southeastern Michigan, while DTE Gas is a public utility engaged in the purchase, storage, transportation, distribution, and sale of natural gas throughout Michigan. DTE Energy also has non-utility operations through DTE Vantage and Energy Trading.
DTE Energy's 2024 10-K filing states that the company's Operating Revenues were approximately $12.5 billion. This indicates the scale of DTE Energy's operations and its ability to generate substantial revenue.
The 10-K filing reports net income attributable to DTE Energy Company as $1.404 billion in 2024 compared to $1.397 billion in 2023. This indicates a slight improvement in profitability compared to previous year.
The 10-K filing reports diluted earnings per common share as $6.77 in 2024 compared to $6.76 in 2023. This indicates a slight improvement in profitability per share compared to previous year.