Discontinued — last reported Q4 '23

Business Segments · Goodwill

Gas — Goodwill

DTE Energy Gas — Goodwill remained flat by 0.0% to $743.00M in Q4 2023 compared to the prior quarter.

Analysis

StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2023
Rolls up toGoodwill

How to read this metric

Stable or growing goodwill is expected; significant write-downs signal a failure to realize expected acquisition synergies.

Detailed definition

The excess of the purchase price over the fair value of identifiable net assets acquired in a business combination withi...

Peer comparison

Common in utilities that have grown through historical acquisitions of smaller gas distribution networks.

Metric ID: dte_segment_gas_goodwill

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value$743.00M$743.00M$743.00M
QoQ Change—+0.0%+0.0%
YoY Change—+0.0%+0.0%
Range$743.00M – $743.00M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak2+ quarters growth

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Frequently Asked Questions

What is DTE Energy's gas — goodwill?
DTE Energy (DTE) reported gas — goodwill of $743.00M in Q4 2023.
What does gas — goodwill mean?
The premium paid for past acquisitions that exceeds the value of the acquired company's physical assets.