DTE Historical Income Statement
DTW Stock | USD 23.03 0.18 0.79% |
Historical analysis of DTE Energy income statement accounts such as Total Revenue of 11.4 B or Gross Profit of 2.5 B can show how well DTE Energy Co performed in making a profits. Evaluating DTE Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of DTE Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining DTE Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether DTE Energy is a good buy for the upcoming year.
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About DTE Income Statement Analysis
DTE Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to DTE Energy shareholders. The income statement also shows DTE investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
DTE Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts DTE Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of DTE Energy Co minus its cost of goods sold. It is profit before DTE Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of DTE Energy. It is also known as DTE Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from DTE Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of DTE Energy Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in DTE Energy financial statement analysis. It represents the amount of money remaining after all of DTE Energy Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from DTE Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DTE Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTE Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.At this time, DTE Energy's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 846.5 M in 2024, whereas Interest Expense is likely to drop slightly above 597.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 669M | 717M | 853M | 597.5M | Depreciation And Amortization | 1.4B | 1.5B | 1.7B | 1.1B |
DTE Energy income statement Correlations
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DTE Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.3B | 1.3B | 1.4B | 1.5B | 1.7B | 1.1B | |
Interest Expense | 680M | 637M | 669M | 717M | 853M | 597.5M | |
Total Revenue | 12.6B | 11.5B | 15.1B | 19.2B | 12.7B | 11.4B | |
Gross Profit | 2.1B | 2.1B | 2.1B | 2.3B | 4.3B | 2.5B | |
Other Operating Expenses | 10.9B | 9.9B | 13.3B | 17.4B | 10.5B | 10.1B | |
Operating Income | 1.7B | 1.7B | 1.7B | 1.8B | 2.3B | 1.5B | |
Ebit | 1.7B | 1.7B | 1.3B | 1.7B | 2.3B | 1.6B | |
Ebitda | 3.0B | 3.0B | 2.7B | 3.3B | 4.0B | 2.7B | |
Cost Of Revenue | 10.5B | 9.5B | 12.9B | 16.9B | 8.4B | 8.9B | |
Total Operating Expenses | 414M | 395M | 431M | 457M | 462M | 846.5M | |
Income Before Tax | 1.3B | 1.1B | 656M | 1.1B | 1.6B | 1.0B | |
Total Other Income Expense Net | (343M) | (593M) | (839M) | (636M) | (684M) | (718.2M) | |
Net Income | 1.2B | 1.4B | 905M | 1.1B | 1.4B | 875.0M | |
Income Tax Expense | 152M | 37M | (130M) | 29M | 169M | 171.7M | |
Selling General Administrative | 414M | 410M | 431M | 457M | 525.6M | 424.2M | |
Net Income From Continuing Ops | 1.2B | 1.4B | 786M | 1.1B | 1.2B | 1.0B | |
Non Operating Income Net Other | 258M | 272M | (209M) | 39M | 35.1M | 33.3M | |
Net Income Applicable To Common Shares | 1.2B | 1.4B | 907M | 1.1B | 1.2B | 1.1B | |
Minority Interest | (22M) | (2M) | 3M | (10M) | (9M) | (8.6M) | |
Tax Provision | 77M | 152M | 167M | (130M) | (117M) | (111.2M) | |
Interest Income | 409M | 476M | 522M | 562M | 646.3M | 511.3M | |
Non Recurring | 15M | 35M | 33M | (5M) | (4.5M) | (4.3M) | |
Extraordinary Items | (21M) | 214M | 314M | 111M | 127.7M | 159.1M |
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When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.