DTE Energy Company (DTE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -228.26% | -236.51% | -319.13% | -473.98% | -308.82% | -29.95% | -13.57% | -9.57% | -8.75% | -7.63% | -11.36% | -13.04% | -13.51% | -16.97% | -14.49% | -14.06% | -13.70% | -11.34% | -11.17% | -10.63% |
| 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% |
| Pretax margin | 336.61% | 355.81% | 389.80% | 440.44% | 354.30% | 28.86% | 14.28% | 8.10% | 5.78% | 5.76% | 3.53% | 4.92% | 5.06% | 5.50% | 10.02% | 11.32% | 12.01% | 11.51% | 10.56% | 9.64% |
| 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% |
The profitability ratios of DTE Energy Company demonstrate fluctuating performance over the periods analyzed. The gross profit margin experienced a significant decline from negative percentages in 2020 and early 2021, reaching a low of -308.82% in December 2023, before improving to -228.26% by the end of 2024.
In contrast, the operating profit margin exhibited a different trend, starting at 13.22% in March 2020, decreasing in mid-2022, and then sharply increasing to 513.76% by December 2024. This suggests a notable recovery and growth in operational efficiency during the later periods.
The pretax margin followed a similar pattern, with fluctuations in profitability levels throughout the analyzed periods. It peaked at 440.44% in March 2024, indicating a substantial increase in profitability before slightly declining by the end of December 2024 to 336.61%.
Moreover, the net profit margin showed a varying trend, with a similar pattern to the pretax margin, displaying increasing profitability over time. It reached its peak at 396.55% in March 2024, suggesting improved net income generation, and then slightly decreased to 344.96% by the end of December 2024.
Overall, the profitability ratios of DTE Energy Company highlight the company's resilience and ability to navigate challenges effectively, as evidenced by the mixed performance trends across its gross, operating, pretax, and net profit margins.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 2.87% | 3.07% | 2.90% | 2.76% | 3.12% | 2.84% | 3.02% | 2.67% | 2.54% | 2.68% | 1.84% | 2.24% | 2.28% | 2.22% | 2.67% | 3.05% | 3.01% | 3.06% | 2.75% | 2.56% |
| Return on total capital | 6.32% | 6.42% | 6.85% | 6.78% | 7.70% | 7.17% | 7.27% | 6.36% | 6.30% | 6.31% | 4.68% | 5.26% | 5.39% | 5.42% | 5.62% | 6.36% | 6.64% | 6.42% | 6.29% | 6.04% |
| Return on equity (ROE) | 12.00% | 13.21% | 12.48% | 11.32% | 12.64% | 11.46% | 12.38% | 10.66% | 10.42% | 12.52% | 8.89% | 10.20% | 10.42% | 10.23% | 10.72% | 11.35% | 11.01% | 11.04% | 10.26% | 9.37% |
DTE Energy Company's profitability ratios have shown some fluctuations over the period from March 31, 2020, to December 31, 2024.
1. Operating Return on Assets (Operating ROA): The Operating ROA has generally improved from 3.72% on March 31, 2020, to a peak of 5.01% on December 31, 2023. However, it slightly declined to 4.28% by the end of December 31, 2024. This indicates that the company's operating efficiency in generating profits from its assets improved over the period.
2. Return on Assets (ROA): The ROA experienced fluctuations, reaching a peak of 3.12% on December 31, 2023, but then dropped to 2.87% by December 31, 2024. This ratio signifies the company's ability to generate earnings from its total assets, and the fluctuations could indicate varying efficiency levels or asset utilization.
3. Return on Total Capital: The Return on Total Capital varied over the period, with a high of 7.70% on December 31, 2023, and a low of 4.68% on June 30, 2022. This ratio indicates the company's profitability in relation to both debt and equity capital employed, reflecting the returns generated for all capital providers.
4. Return on Equity (ROE): The ROE ranged from 9.37% on March 31, 2020, to a peak of 13.21% on September 30, 2024. This ratio measures the profitability of the company from the perspective of its equity shareholders, showing the returns earned on their invested capital.
Overall, the profitability ratios of DTE Energy Company demonstrate some fluctuations but generally show improvement in operating efficiency and returns generated for both debt and equity investors over the analyzed period.