• DTE Energy average return on tangible equity for 2023 was 15.6, a 9.01% decline from 2022.
• DTE Energy average return on tangible equity for 2022 was 14.31, a 1.49% increase from 2021.
• DTE Energy average return on tangible equity for 2021 was 14.1, a 16.72% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.