DTE Energy Co Pref Series E (DTW) Income Statement
DTW 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDTW revenue and net income
Where DTW's revenue goes
2025Each bar shows an amount and its share of revenue. DTW kept 9.2% of revenue as net income.
DTW profit margins
DTW growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +26.9% | −6.3% | +6.7% | +4.3% |
| Gross profit | +209.6% | +54.1% | +32.6% | +18.0% |
| Operating income | +13.5% | +10.7% | +8.8% | +6.7% |
| Net income | +4.4% | +10.5% | +1.3% | +7.2% |
| EPS (diluted) | +168.4% | +9.7% | +0.7% | +6.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DTW quarterly EPS vs estimates
DTE Energy Co Pref Series E beat the analyst EPS estimate in 4 of the last 4 quarters.
DTW income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.81B | $12.46B | $12.74B | $19.23B | $14.96B | $11.42B | $12.17B | $14.21B | $12.61B | $10.63B |
| Cost of revenue | $2.38B | $8.12B | $8.42B | $15.56B | $11.63B | $8.14B | $9.15B | $11.06B | $9.43B | $7.79B |
| Gross profit | $13.43B | $4.34B | $4.33B | $3.67B | $3.34B | $3.28B | $3.02B | $3.15B | $3.17B | $2.84B |
| Sales, general & admin | — | — | $9.0M | $1.0M | $17.0M | $50.0M | $414.0M | $405.0M | $391.0M | $370.0M |
| Total operating expenses | $11.06B | $2.25B | $2.08B | $1.92B | $1.84B | $1.72B | $1.59B | $1.56B | $1.46B | $1.35B |
| Operating income | $2.37B | $2.09B | $2.24B | $1.75B | $1.50B | $1.55B | $1.43B | $1.59B | $1.71B | $1.49B |
| Interest income | — | — | — | — | $562.0M | $522.0M | $476.0M | $409.0M | $396.0M | $452.0M |
| Interest expense | $1.06B | $951.0M | $791.0M | $675.0M | $630.0M | $601.0M | $568.0M | $559.0M | $536.0M | $472.0M |
| Income before taxes | $1.55B | $1.37B | $1.57B | $1.11B | $656.0M | $1.08B | $1.01B | $1.22B | $1.29B | $1.10B |
| Income taxes | $88.0M | −$34.0M | $169.0M | $29.0M | −$130.0M | $37.0M | $71.0M | $98.0M | $175.0M | $271.0M |
| Net income | $1.46B | $1.40B | $1.40B | $1.08B | $907.0M | $1.37B | $1.17B | $1.12B | $1.13B | $868.0M |
| EBITDA | $3.96B | $4.11B | $4.02B | $3.25B | $2.75B | $3.13B | $2.84B | $2.90B | $2.85B | $2.55B |
| EPS (diluted) | $7.06 | $2.63 | $6.77 | $5.35 | $4.59 | $6.81 | $5.86 | $6.36 | $6.09 | $5.66 |
| Gross margin | 84.9% | 34.8% | 34.0% | 19.1% | 22.3% | 28.7% | 24.8% | 22.2% | 25.2% | 26.7% |
| Operating margin | 15.0% | 16.8% | 17.6% | 9.1% | 10.0% | 13.6% | 11.8% | 11.2% | 13.6% | 14.0% |
| Net margin | 9.2% | 11.2% | 11.0% | 5.6% | 6.1% | 12.0% | 9.6% | 7.9% | 9.0% | 8.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.34B | $5.14B | $4.24B | $3.53B | $3.42B | $4.44B | $3.44B | $2.91B | $2.88B | $3.24B | $3.39B | $2.89B |
| Cost of revenue | $2.80B | $3.36B | $3.53B | $583.0M | $2.42B | $3.23B | $2.29B | $1.83B | $1.82B | $2.18B | $2.18B | $1.84B |
| Gross profit | $537.0M | $1.78B | $709.0M | $2.94B | $1.00B | $1.21B | $1.15B | $1.07B | $1.05B | $1.06B | $1.22B | $1.04B |
| Sales, general & admin | — | $882.0M | — | — | — | — | — | — | — | — | — | $1.0M |
| Total operating expenses | $141.0M | $1.37B | $130.0M | $2.33B | $577.0M | $589.0M | $596.0M | $557.0M | $550.0M | $544.0M | $560.0M | $506.0M |
| Operating income | $396.0M | $412.0M | $579.0M | $619.0M | $427.0M | $624.0M | $555.0M | $517.0M | $502.0M | $517.0M | $656.0M | $538.0M |
| Interest expense | $301.0M | $293.0M | $279.0M | $271.0M | $256.0M | $250.0M | $248.0M | $252.0M | $233.0M | $218.0M | $208.0M | $200.0M |
| Income before taxes | $241.0M | $189.0M | $480.0M | $413.0M | $230.0M | $427.0M | $322.0M | $356.0M | $358.0M | $334.0M | $482.0M | $354.0M |
| Income taxes | −$41.0M | −$58.0M | $111.0M | −$6.0M | $1.0M | −$18.0M | $30.0M | −$121.0M | $36.0M | $21.0M | $63.0M | $22.0M |
| Net income | $282.0M | $247.0M | $372.0M | $418.0M | $228.0M | $444.0M | $292.0M | $477.0M | $322.0M | $313.0M | $419.0M | $332.0M |
| EBITDA | $900.0M | $965.0M | $1.25B | $1.17B | $970.0M | $1.13B | $1.03B | $1.02B | $1.04B | $975.0M | $1.11B | $970.0M |
| EPS (diluted) | — | — | — | $2.01 | $1.10 | $2.14 | $1.41 | — | — | — | — | — |
| Gross margin | 16.1% | 34.6% | 16.7% | 83.5% | 29.4% | 27.3% | 33.5% | 37.0% | 36.6% | 32.7% | 35.8% | 36.1% |
| Operating margin | 11.9% | 8.0% | 13.7% | 17.6% | 12.5% | 14.1% | 16.2% | 17.8% | 17.5% | 16.0% | 19.3% | 18.6% |
| Net margin | 8.5% | 4.8% | 8.8% | 11.9% | 6.7% | 10.0% | 8.5% | 16.4% | 11.2% | 9.7% | 12.3% | 11.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DTW's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DTW financial results
In fiscal year 2025 (ended December 31, 2025), DTE Energy Co Pref Series E reported revenue of $15.8 billion, up 26.9% from the year before. It had net income of $1.5 billion (up 4.4%), a net profit margin of 9.2%. Diluted earnings per share came to $7.06. Over five years revenue grew at an average rate of 6.7% a year.
See the DTW stock overview for the latest quote and news, or the DTW chart for price history and technical indicators.
DTW income statement FAQ
What is DTE Energy Co Pref Series E's annual revenue?
DTE Energy Co Pref Series E reported total revenue of $15.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 26.9% from $12.5 billion the previous year.
Is DTE Energy Co Pref Series E profitable?
Yes. DTE Energy Co Pref Series E reported net income of $1.5 billion in fiscal 2025, a net profit margin of 9.2%; its operating margin was 15.0%.
What is DTE Energy Co Pref Series E's gross margin?
DTE Energy Co Pref Series E's gross margin was 84.9% in fiscal 2025: for every $100 of revenue, DTE Energy Co Pref Series E kept $85 after the direct cost of its products and services.
How fast is DTE Energy Co Pref Series E growing?
Revenue grew 6.7% a year on average over the last five fiscal years, from $11.4 billion to $15.8 billion.
What are DTE Energy Co Pref Series E's earnings per share?
DTE Energy Co Pref Series E earned $7.06 per diluted share in fiscal 2025, compared with $2.63 a year earlier.
When does DTE Energy Co Pref Series E's fiscal year end?
DTE Energy Co Pref Series E's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.