How did DTE Energy's revenue and expenses shift in Q4 2024?

DTE Energy's revenue and expenses in Q4 2024 showed a significant focus on utility operations, with a slight increase in cost of goods sold and a robust gross margin.

1. Revenue Shift:
   • DTE Energy's revenue by segment for Q4 2024 was $7.99 billion.
   • The company's revenue was primarily driven by its utility operations, which generated $7.99 billion in revenue.
2. Expense Shift:
   • The cost of goods sold (COGS) was $1.7 billion.
   • Operating expenses were $20241231, although the exact amount is not provided, we can infer that these expenses are part of the overall business operations.
   • Gross margin was 52.98%, indicating efficient management of production costs relative to revenue.
3. Segment Analysis:
   • Utility operations were the key revenue generators, accounting for the majority of the company's revenue.
   • Non-utility operations and energy trading also contributed significantly to the revenue, with $4.47 billion and $3.02 billion, respectively.
   • The cost of goods sold was consistent across segments, suggesting a standardized cost structure within the utility operations.
4. Financial Health Indicator:
   • The gross margin of 52.98% reflects a strong profitability margin, which is a positive indicator for the company's financial health and operational efficiency.

In conclusion, DTE Energy's Q4 2024 financials highlight a robust revenue structure with a strong focus on utility operations. The company's ability to maintain a high gross margin suggests effective cost management, which is a positive signal for its financial performance and future prospects.