DTE Energy Company (DTE)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 48,846,000 | 49,806,000 | 47,811,000 | 45,902,000 | 44,755,000 | 43,730,000 | 42,921,000 | 42,518,000 | 42,683,000 | 41,954,000 | 41,314,000 | 40,360,000 | 39,719,000 | 39,435,000 | 49,636,000 | 46,699,000 | 45,496,000 | 44,439,000 | 43,739,000 | 43,232,000 |
| Operating ROA | 4.28% | 4.40% | 4.63% | 4.59% | 5.01% | 4.69% | 4.79% | 4.33% | 4.10% | 4.05% | 3.78% | 4.01% | 3.76% | 3.67% | 3.07% | 3.30% | 3.42% | 3.60% | 3.60% | 3.72% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,091,000K ÷ $48,846,000K
= 4.28%
The operating return on assets (operating ROA) of DTE Energy Company has shown some fluctuations over the years based on the provided data.
From March 31, 2020, to December 31, 2020, the operating ROA decreased from 3.72% to 3.42%. It slightly rebounded in the first half of 2021 but decreased again to 3.07% by June 30, 2021. There was a significant increase in operating ROA during the second half of 2021, reaching 3.76% by December 31, 2021.
In 2022, there was a further increase in operating ROA, surpassing 4% for the first time, and reached 4.10% by December 31, 2022. The positive trend continued into 2023, with operating ROA increasing to 5.01% by December 31, 2023.
However, in the first half of 2024, there was a slight decline in operating ROA, dropping from 5.01% to 4.63% by June 30, 2024. The trend continued with a further decrease to 4.28% by December 31, 2024.
Overall, DTE Energy Company's operating ROA has shown volatility over the years, with periods of both growth and decline. Investors and stakeholders may want to closely monitor these trends to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024