Discontinued — last reported Q4 '23
Corporate and Other — Interest Expense
DTE Energy Corporate and Other — Interest Expense remained flat by 0.0% to $67.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 28.6%, from $52.50M to $67.50M. Over 2 years (FY 2021 to FY 2023), Corporate and Other — Interest Expense shows relatively stable performance with a 0.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates higher leverage or rising interest rates on corporate debt, which can pressure net income; a decrease suggests deleveraging or refinancing at lower rates.
Detailed definition
This represents the cost of debt financing specifically attributed to the corporate and holding company segment. It refl...
Peer comparison
Comparable to 'Parent Company Interest Expense' or 'Corporate Debt Service' in other utility holding companies.
dte_segment_corporate_and_other_interest_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $270.00M | $210.00M | $270.00M |
| YoY Change | — | -22.2% | +28.6% |
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Frequently Asked Questions
- What is DTE Energy's corporate and other — interest expense?
- DTE Energy (DTE) reported corporate and other — interest expense of $67.50M in Q4 2023.
- How has DTE Energy's corporate and other — interest expense changed year-over-year?
- DTE Energy's corporate and other — interest expense increased by 28.6% year-over-year, from $52.50M to $67.50M.
- What is the long-term trend for DTE Energy's corporate and other — interest expense?
- Over 2 years (2021 to 2023), DTE Energy's corporate and other — interest expense has grown at a 0.0% compound annual growth rate (CAGR), from $270.00M to $270.00M.
- What does corporate and other — interest expense mean?
- The interest costs associated with debt held by the corporate entity.