DTE Energy
DTE
#775
Rank
ยฃ20.37 B
Marketcap
ยฃ98.38
Share price
1.47%
Change (1 day)
19.63%
Change (1 year)
DTE Energy is an American diversified energy company involved in the development and management of energy-related businesses and services

Operating Margin for DTE Energy (DTE)

Operating Margin as of November 2024 (TTM): 12.32%

According to DTE Energy 's latest financial reports and stock price the company's current Operating Margin is 12.32%. At the end of 2023 the company had an Operating Margin of 18.49%.

Operating Margin history for DTE Energy from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202318.49%98.99%
20229.29%8.14%
20218.59%-41.67%
202014.73%13.39%
201912.99%4.03%
201812.49%-13.63%
201714.46%-2.53%
201614.84%9.54%
201513.54%-2.23%
201413.85%-1.45%
201314.06%-11.74%
201215.93%-4.62%
201116.70%-5.42%
201017.65%6.62%
200916.56%16.85%
200814.17%-25.17%
200718.94%44.78%
200613.08%17.9%
200511.09%19.55%
20049.28%-12.53%
200310.61%-28.18%
200214.77%28.55%
200111.49%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.43%-7.22%๐Ÿ‡บ๐Ÿ‡ธ USA
12.78% 3.73%๐Ÿ‡บ๐Ÿ‡ธ USA
21.07% 71.02%๐Ÿ‡บ๐Ÿ‡ธ USA
18.29% 48.46%๐Ÿ‡บ๐Ÿ‡ธ USA
17.55% 42.45%๐Ÿ‡บ๐Ÿ‡ธ USA
17.72% 43.83%๐Ÿ‡บ๐Ÿ‡ธ USA
17.86% 44.97%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.