DTE Energy Company (DTE)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 11,699,000 | 11,050,000 | 10,397,000 | 8,705,000 | 12,425,000 |
| ROE | 12.00% | 12.64% | 10.42% | 10.42% | 11.01% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,404,000K ÷ $11,699,000K
= 12.00%
The return on equity (ROE) for DTE Energy Company has shown fluctuations over the years based on the provided data. As of December 31, 2020, the ROE was 11.01%, which decreased slightly to 10.42% by December 31, 2021, and remained stable at the same level by December 31, 2022.
There was a notable improvement in the ROE for the company by December 31, 2023, with a significant increase to 12.64%. However, by December 31, 2024, the ROE slightly decreased to 12.00%.
The overall trend indicates some variability in DTE Energy's return on equity, with a mix of fluctuations and improvements over the years. It is essential to monitor and analyze the factors influencing these fluctuations to ensure sustained profitability and shareholder value.
Peer comparison
Dec 31, 2024