What is DTE Energy's gas — income tax expense (benefit)?

DTE Energy (DTE) reported gas — income tax expense (benefit) of $23.25M in Q4 2023.

How has DTE Energy's gas — income tax expense (benefit) changed year-over-year?

DTE Energy's gas — income tax expense (benefit) increased by 5.7% year-over-year, from $22.00M to $23.25M.

What is the long-term trend for DTE Energy's gas — income tax expense (benefit)?

Over 2 years (2021 to 2023), DTE Energy's gas — income tax expense (benefit) has grown at a 56.4% compound annual growth rate (CAGR), from $38.00M to $93.00M.

What does gas — income tax expense (benefit) mean?

The total tax cost or benefit associated with the gas segment's operations.

Discontinued — last reported Q4 '23

Business Segments · Income Tax Expense (Benefit)

Gas — Income Tax Expense (Benefit)

DTE Energy Gas — Income Tax Expense (Benefit) remained flat by 0.0% to $23.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $22.00M to $23.25M. Over 2 years (FY 2021 to FY 2023), Gas — Income Tax Expense (Benefit) shows an upward trend with a 56.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalLower is better

VolatilityStable

First reportedQ1 2016

Last reportedQ4 2023

Rolls up toIncome Tax

How to read this metric

Changes often reflect fluctuations in pre-tax income or shifts in tax legislation and effective tax rates.

Detailed definition

The total amount of income tax expense or benefit recognized in the financial statements for the gas segment. This refle...

Peer comparison

Standard across all regulated utilities, though rates vary by jurisdiction and tax planning strategies.

Metric ID: dte_segment_gas_income_tax_expense_benefit

Historical Data

3 years

	FY'21	FY'22	FY'23
Value	$38.00M	$88.00M	$93.00M
YoY Change	—	+131.6%	+5.7%

Range$38.00M – $93.00M

CAGR+56.4%

Avg YoY Growth+68.6%

Median YoY Growth+68.6%

Current Streak2+ years growth

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Frequently Asked Questions

What is DTE Energy's gas — income tax expense (benefit)?: DTE Energy (DTE) reported gas — income tax expense (benefit) of $23.25M in Q4 2023.
How has DTE Energy's gas — income tax expense (benefit) changed year-over-year?: DTE Energy's gas — income tax expense (benefit) increased by 5.7% year-over-year, from $22.00M to $23.25M.
What is the long-term trend for DTE Energy's gas — income tax expense (benefit)?: Over 2 years (2021 to 2023), DTE Energy's gas — income tax expense (benefit) has grown at a 56.4% compound annual growth rate (CAGR), from $38.00M to $93.00M.
What does gas — income tax expense (benefit) mean?: The total tax cost or benefit associated with the gas segment's operations.