DTE Energy Company (DTE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,404,000 | 1,397,000 | 1,083,000 | 907,000 | 1,368,000 |
| Revenue | US$ in thousands | 407,000 | 442,000 | 19,228,000 | 14,964,000 | 12,177,000 |
| Net profit margin | 344.96% | 316.06% | 5.63% | 6.06% | 11.23% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,404,000K ÷ $407,000K
= 344.96%
The net profit margin of DTE Energy Company has exhibited some fluctuations over the years, ranging from a high of 11.23% on December 31, 2020, to a low of 5.63% on December 31, 2022. It then experienced a significant upsurge, soaring to 316.06% on December 31, 2023, followed by a further increase to 344.96% on December 31, 2024. Such extreme fluctuations may raise concerns about the accuracy of the data or potential anomalies in the financial statements. It is advisable for stakeholders and investors to further investigate the reasons behind these fluctuations in net profit margin to gain a deeper understanding of DTE Energy Company's financial performance and sustainability.
Peer comparison
Dec 31, 2024