Discontinued — last reported Q4 '23
DTE Energy Energy Trading — Income Tax Expense (Benefit) remained flat by 0.0% to $28.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 461.3%, from -$7.75M to $28.00M. Over 2 years (FY 2021 to FY 2023), Energy Trading — Income Tax Expense (Benefit) shows an upward trend with a 103.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase in tax expense typically signals higher pre-tax profitability, while a tax benefit may indicate operational losses or specific tax credits utilized by the segment.
This represents the total income tax provision or benefit recognized by the energy trading business segment for a given...
Standard across energy companies with trading desks, though highly sensitive to regional tax jurisdictions and trading volatility.
dte_segment_energy_trading_income_tax_expense_benefit| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | -$27.00M | -$31.00M | $112.00M |
| YoY Change | — | -14.8% | +461.3% |