DTE Energy Company (DTE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,091,000 | 2,192,000 | 2,213,000 | 2,108,000 | 2,243,000 | 2,049,000 | 2,056,000 | 1,842,000 | 1,748,000 | 1,701,000 | 1,561,000 | 1,620,000 | 1,495,000 | 1,448,000 | 1,522,000 | 1,543,000 | 1,555,000 | 1,602,000 | 1,573,000 | 1,610,000 |
| 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 |
| Operating profit margin | 513.76% | 509.77% | 564.54% | 660.82% | 507.47% | 42.92% | 20.72% | 12.47% | 9.09% | 8.77% | 8.74% | 10.02% | 9.73% | 10.34% | 11.21% | 11.93% | 12.77% | 13.31% | 13.25% | 13.22% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,091,000K ÷ $407,000K
= 513.76%
The operating profit margin of DTE Energy Company has shown fluctuations over the quarters analyzed. It started at 13.22% on March 31, 2020, and generally maintained levels above 10% until March 31, 2022. However, a notable decline occurred in the subsequent quarters, reaching a low of 8.74% on June 30, 2022.
There was a significant improvement in the operating profit margin starting from March 31, 2023, where it rose to 12.47% and then surged to 20.72% on June 30, 2023. The trend continued to accelerate, with a remarkable increase to 42.92% on September 30, 2023, and a substantial spike to 507.47% on December 31, 2023.
The operating profit margin experienced an extraordinary increase in the first half of 2024, reaching levels of 660.82% on March 31, 2024, followed by a slight decrease to 564.54% on June 30, 2024. The margin remained relatively high, staying above 500% in the following quarters, with values of 509.77% on September 30, 2024, and 513.76% on December 31, 2024.
Overall, the operating profit margin of DTE Energy Company exhibited significant volatility, with fluctuations from double-digit percentages to extraordinarily high levels, indicating potential variability in the company's profitability performance over the analyzed period.
Peer comparison
Dec 31, 2024