Discontinued — last reported Q4 '23

Business Segments · Equity earnings (losses) of equity method investees

Gas — Equity earnings (losses) of equity method investees

DTE Energy Gas — Equity earnings (losses) of equity method investees remained flat by 0.0% to $250.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $500.00K to $250.00K. Over 2 years (FY 2021 to FY 2023), Gas — Equity earnings (losses) of equity method investees shows relatively stable performance with a 0.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2023

How to read this metric

Higher earnings indicate successful performance of joint ventures, while losses suggest operational challenges or underperformance in those partnerships.

Detailed definition

Represents the company's proportional share of the net income or loss from investments in entities where it exercises si...

Peer comparison

Common in utility companies with joint infrastructure projects or midstream partnerships.

Metric ID: dte_segment_gas_equity_earnings_losses_of_equity_method_investees

Historical Data

3 years
 FY'21FY'22FY'23
Value$1.00M$2.00M$1.00M
YoY Change+100.0%-50.0%
Range$1.00M$2.00M
CAGR+0.0%
Avg YoY Growth+25.0%
Median YoY Growth+25.0%

Frequently Asked Questions

What is DTE Energy's gas — equity earnings (losses) of equity method investees?
DTE Energy (DTE) reported gas — equity earnings (losses) of equity method investees of $250.00K in Q4 2023.
How has DTE Energy's gas — equity earnings (losses) of equity method investees changed year-over-year?
DTE Energy's gas — equity earnings (losses) of equity method investees decreased by 50.0% year-over-year, from $500.00K to $250.00K.
What is the long-term trend for DTE Energy's gas — equity earnings (losses) of equity method investees?
Over 2 years (2021 to 2023), DTE Energy's gas — equity earnings (losses) of equity method investees has grown at a 0.0% compound annual growth rate (CAGR), from $1.00M to $1.00M.
What does gas — equity earnings (losses) of equity method investees mean?
The company's share of profits or losses from businesses it partially owns but does not control.