DTE Energy Company (DTE)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,404,000 | 1,531,000 | 1,386,000 | 1,265,000 | 1,397,000 | 1,243,000 | 1,298,000 | 1,134,000 | 1,083,000 | 1,124,000 | 762,000 | 904,000 | 907,000 | 876,000 | 1,327,000 | 1,425,000 | 1,368,000 | 1,360,000 | 1,203,000 | 1,108,000 |
| Revenue (ttm) | US$ in thousands | 407,000 | 430,000 | 392,000 | 319,000 | 442,000 | 4,774,000 | 9,922,000 | 14,776,000 | 19,228,000 | 19,399,000 | 17,863,000 | 16,168,000 | 15,369,000 | 14,010,000 | 13,579,000 | 12,933,000 | 12,177,000 | 12,037,000 | 11,872,000 | 12,177,000 |
| Net profit margin | 344.96% | 356.05% | 353.57% | 396.55% | 316.06% | 26.04% | 13.08% | 7.67% | 5.63% | 5.79% | 4.27% | 5.59% | 5.90% | 6.25% | 9.77% | 11.02% | 11.23% | 11.30% | 10.13% | 9.10% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,404,000K ÷ $407,000K
= 344.96%
The net profit margin of DTE Energy Company has shown fluctuations over the quarters in the provided data. It started at 9.10% in March 2020 and gradually increased to a peak of 396.55% in March 2024. However, there was a significant anomaly in December 2023, where the net profit margin surged to an unusually high 316.06%. This anomaly may be due to exceptional items or accounting adjustments affecting the profitability ratio.
Subsequently, the net profit margin dropped to a more normalized level in the following quarters, ranging between 4.27% to 26.04% until September 2024. It decreased to around 344.96% by December 2024, showing volatility in the company's profitability trend. Such significant fluctuations may indicate one-time events, changes in expenses, or unusual income that impact the net profit margin.
It is essential for investors and stakeholders to further investigate the reasons behind these fluctuations and assess whether they are sustainable or temporary in nature to make informed decisions about the company's financial performance and future prospects.
Peer comparison
Dec 31, 2024