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DTE Energy Co (BSP:D1TE34) Tax Rate % : 6.29% (As of Mar. 2024)


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What is DTE Energy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DTE Energy Co's Tax Expense for the three months ended in Mar. 2024 was R$105 Mil. DTE Energy Co's Pre-Tax Income for the three months ended in Mar. 2024 was R$1,663 Mil. Therefore, DTE Energy Co's Tax Rate % for the quarter that ended in Mar. 2024 was 6.29%.

DTE Energy Co Tax Rate % Historical Data

The historical data trend for DTE Energy Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DTE Energy Co Tax Rate % Chart

DTE Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.01 3.42 -19.82 2.61 10.79

DTE Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.10 14.47 6.21 13.07 6.29

DTE Energy Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

DTE Energy Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=828.066/7673.087
=10.79 %

DTE Energy Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=104.576/1663.253
=6.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DTE Energy Co Tax Rate % Related Terms

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DTE Energy Co (BSP:D1TE34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » DTE Energy Co (BSP:D1TE34) » Definitions » Tax Rate %
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Traded in Other Exchanges
DTE:USA DGY:Germany
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
Website
https://www.dteenergy.com
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

DTE Energy Co (BSP:D1TE34) Headlines

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