Discontinued — last reported Q4 '23
Business Segments · Investment Income, Interest
Gas — Investment Income, Interest
DTE Energy Gas — Investment Income, Interest remained flat by 0.0% to $2.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.5%, from $2.00M to $2.25M. Over 2 years (FY 2021 to FY 2023), Gas — Investment Income, Interest shows an upward trend with a 22.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2023
Rolls up toInterest Income
How to read this metric
Higher income suggests better cash management or a higher interest rate environment, though it is usually a minor contributor to total earnings.
Detailed definition
Income earned by the gas segment from cash equivalents, short-term investments, or interest-bearing assets. This represe...
Peer comparison
Standard interest income metric for corporate segments.
Metric ID:
dte_segment_gas_investment_income_interestHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $6.00M | $8.00M | $9.00M |
| YoY Change | — | +33.3% | +12.5% |
Range$6.00M – $9.00M
CAGR+22.5%
Avg YoY Growth+22.9%
Median YoY Growth+22.9%
Current Streak2+ years growth
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Frequently Asked Questions
- What is DTE Energy's gas — investment income, interest?
- DTE Energy (DTE) reported gas — investment income, interest of $2.25M in Q4 2023.
- How has DTE Energy's gas — investment income, interest changed year-over-year?
- DTE Energy's gas — investment income, interest increased by 12.5% year-over-year, from $2.00M to $2.25M.
- What is the long-term trend for DTE Energy's gas — investment income, interest?
- Over 2 years (2021 to 2023), DTE Energy's gas — investment income, interest has grown at a 22.5% compound annual growth rate (CAGR), from $6.00M to $9.00M.
- What does gas — investment income, interest mean?
- Interest income earned on the gas segment's cash and investment holdings.