DTE Energy Company (DTE)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	11,699,000	11,592,000	11,106,000	11,173,000	11,050,000	10,850,000	10,481,000	10,642,000	10,397,000	8,980,000	8,574,000	8,863,000	8,705,000	8,567,000	12,378,000	12,552,000	12,425,000	12,323,000	11,724,000	11,822,000
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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,404,000K ÷ $11,699,000K
= 12.00%

DTE Energy Company's return on equity (ROE) has shown fluctuations over the periods from March 31, 2020, to December 31, 2024.

Starting at 9.37% in March 2020, the ROE increased steadily to 11.35% in March 2021. However, there was a slight decrease to 10.72% by June 2021. The ROE continued to fluctuate around the 10% range for the following quarters, showing some volatility.

In September 2022, there was a notable increase in ROE to 12.52%, indicating improved efficiency in generating profits from shareholders' equity. The ROE further increased to 13.21% by September 2024, demonstrating the company's ability to generate higher returns on equity.

Overall, the trend in ROE for DTE Energy Company has been positive, with periods of growth interspersed with minor fluctuations. The company's ability to maintain ROE above 10% indicates a relatively efficient use of equity capital to generate profits for shareholders.