Discontinued — last reported Q4 '23
Business Segments · Interest Expense
Gas — Interest Expense
DTE Energy Gas — Interest Expense remained flat by 0.0% to $25.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $22.75M to $25.50M. Over 2 years (FY 2021 to FY 2023), Gas — Interest Expense shows an upward trend with a 12.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2023
Rolls up toInterest Expense
How to read this metric
An increase suggests higher debt levels or rising interest rates, which can pressure net margins.
Detailed definition
The cost incurred by the gas segment for financing its operations and capital projects through debt. This reflects the i...
Peer comparison
Standard interest expense metric for capital-intensive utility segments.
Metric ID:
dte_segment_gas_interest_expenseHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $81.00M | $91.00M | $102.00M |
| YoY Change | — | +12.3% | +12.1% |
Range$81.00M – $102.00M
CAGR+12.2%
Avg YoY Growth+12.2%
Median YoY Growth+12.2%
Current Streak2+ years growth
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Frequently Asked Questions
- What is DTE Energy's gas — interest expense?
- DTE Energy (DTE) reported gas — interest expense of $25.50M in Q4 2023.
- How has DTE Energy's gas — interest expense changed year-over-year?
- DTE Energy's gas — interest expense increased by 12.1% year-over-year, from $22.75M to $25.50M.
- What is the long-term trend for DTE Energy's gas — interest expense?
- Over 2 years (2021 to 2023), DTE Energy's gas — interest expense has grown at a 12.2% compound annual growth rate (CAGR), from $81.00M to $102.00M.
- What does gas — interest expense mean?
- The cost of borrowing money to fund the gas segment's operations and infrastructure.