For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Utility operations | 8,849 | 7,990 | 7,466 | 8,243 |
| Non-utility operations | 6,965 | 4,467 | 5,279 | 10,985 |
| Fuel, purchased power, and gas utility | 2,213 | 1,978 | 1,845 | 2,505 |
| Fuel, purchased power, gas, and other non-utility | 6,426 | 3,879 | 4,413 | 10,655 |
| Operation and maintenance | 2,382 | 2,262 | 2,160 | 2,400 |
| Depreciation and amortization | 1,841 | 1,732 | 1,606 | 1,468 |
| Taxes other than income | 529 | 487 | 462 | 457 |
| Asset (gains) losses and impairments, net | -49 | -28 | -16 | 5 |
| Operating expenses | 13,440 | 10,366 | 10,502 | 17,480 |
| Operating income | 2,374 | 2,091 | 2,243 | 1,748 |
| Interest expense | 1,056 | 951 | 791 | 675 |
| Interest income | 103 | 136 | 57 | 46 |
| Non-operating retirement benefits, net | 0 | 0 | 9 | -1 |
| Loss on extinguishment of debt | - | - | 0 | 0 |
| Allowance for equity funds used during construction | 105 | 86 | 42 | 29 |
| Income from ref entities | - | - | 0 | 0 |
| Equity earnings of equity method investees | 47 | 15 | 3 | -14 |
| Contract services | 43 | 34 | 26 | 28 |
| Investment income | 17 | 17 | 17 | 3 |
| Other | 18 | 15 | 14 | 12 |
| Other income | 230 | 167 | 102 | 58 |
| Other expenses | 101 | 73 | 36 | 66 |
| Other (income) and deductions | -824 | -721 | -677 | -636 |
| Income before income taxes | 1,550 | 1,370 | 1,566 | 1,112 |
| Income tax expense at u.s. federal statutory tax rate | 326 | - | - | - |
| Production tax credits | 161 | - | - | - |
| Investment tax credits | 94 | - | - | - |
| Other | 5 | - | - | - |
| Tcja regulatory liability amortization | 65 | - | - | - |
| Other | -4 | - | - | - |
| Afudc equity | 20 | - | - | - |
| Other | 6 | - | - | - |
| Changes in tax laws or rates enacted in the current period | 16 | - | - | - |
| Changes in valuation allowances | 7 | - | - | - |
| Changes in prior year unrecognized tax benefits | 0 | - | - | - |
| Foreign tax effects | 1 | - | - | - |
| State and local income taxes, net of federal effect | 81 | - | - | - |
| Income tax expense (benefit) at effective tax rate | 88 | -34 | 169 | 29 |
| Net income from discontinued operations, net of taxes (note 4) | - | - | 0 | 0 |
| Continuing operations | - | - | 0 | 0 |
| Discontinued operations | - | - | 0 | 0 |
| Net income attributable to dte energy company/dte electric company | 1,462 | 1,404 | 1,397 | 1,083 |
| Basic EPS | 7.04 | 6.78 | 6.77 | 5.53 |
| Diluted EPS | 7.03 | 6.77 | 6.76 | 5.52 |
| Basic Average Shares | 207,000,000 | 207,000,000 | 206,000,000 | 195,000,000 |
| Diluted Average Shares | 207,000,000 | 207,000,000 | 206,000,000 | 196,000,000 |
DTE ENERGY CO (DTW)
DTE ENERGY CO (DTW)