DTE Energy: DTE Gas net income rose to $296 million in 2025 from $259 million
DTE Energy furnished audited 2025 financial statements for its indirect subsidiary DTE Gas Company, which show higher revenue and net income than in 2024. The filing is a subsidiary disclosure and does not change DTE Energy's own guidance, but it shows the gas utility's growth and a pending rate request that could raise its base rates.
Key points
- Operating revenues were $2,033 million in 2025, up $250 million from $1,783 million in 2024, mainly from weather ($119 million) and gas cost recovery ($111 million).
- Net income was $296 million in 2025, compared with $259 million in 2024; operating income was $498 million, compared with $438 million.
- DTE Gas filed a rate case on November 13, 2025, requesting a net base rate increase of $163 million and a return on equity increase from 9.8% to 10.25%; a final MPSC order is expected in September 2026.
- PricewaterhouseCoopers LLP issued an unqualified audit opinion dated February 27, 2026.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.