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Side-by-side financial comparison of CONDUENT Inc (CNDT) and Diversified Energy Co (DEC). Click either name above to swap in a different company.
CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $666.5M, roughly 1.2× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs -4.3%, a 33.6% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $24.0M).
Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox. The company offers digital platforms for businesses and governments. As of 2026, it has over 54,000 employees working across 24 countries.
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.
CNDT vs DEC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $770.0M | $666.5M |
| Net Profit | $-33.0M | $195.5M |
| Gross Margin | 19.0% | — |
| Operating Margin | -3.6% | 37.6% |
| Net Margin | -4.3% | 29.3% |
| Revenue YoY | -3.8% | — |
| Net Profit YoY | -175.0% | — |
| EPS (diluted) | $-0.25 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $770.0M | $666.5M | ||
| Q3 25 | $767.0M | $499.8M | ||
| Q2 25 | $754.0M | $600.3M | ||
| Q1 25 | $751.0M | — | ||
| Q4 24 | $800.0M | — | ||
| Q3 24 | $807.0M | — | ||
| Q2 24 | $828.0M | — | ||
| Q1 24 | $921.0M | — |
| Q4 25 | $-33.0M | $195.5M | ||
| Q3 25 | $-46.0M | $171.1M | ||
| Q2 25 | $-40.0M | $297.7M | ||
| Q1 25 | $-51.0M | — | ||
| Q4 24 | $-12.0M | — | ||
| Q3 24 | $123.0M | — | ||
| Q2 24 | $216.0M | — | ||
| Q1 24 | $99.0M | — |
| Q4 25 | 19.0% | — | ||
| Q3 25 | 17.7% | — | ||
| Q2 25 | 18.2% | 44.7% | ||
| Q1 25 | 17.7% | — | ||
| Q4 24 | 17.3% | — | ||
| Q3 24 | 18.7% | — | ||
| Q2 24 | 18.2% | — | ||
| Q1 24 | 20.2% | — |
| Q4 25 | -3.6% | 37.6% | ||
| Q3 25 | -5.0% | 36.2% | ||
| Q2 25 | -5.0% | 48.5% | ||
| Q1 25 | -7.5% | — | ||
| Q4 24 | -10.3% | — | ||
| Q3 24 | 19.7% | — | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 13.8% | — |
| Q4 25 | -4.3% | 29.3% | ||
| Q3 25 | -6.0% | 34.2% | ||
| Q2 25 | -5.3% | 49.6% | ||
| Q1 25 | -6.8% | — | ||
| Q4 24 | -1.5% | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 26.1% | — | ||
| Q1 24 | 10.7% | — |
| Q4 25 | $-0.25 | — | ||
| Q3 25 | $-0.30 | $2.14 | ||
| Q2 25 | $-0.26 | $3.67 | ||
| Q1 25 | $-0.33 | — | ||
| Q4 24 | $-0.02 | — | ||
| Q3 24 | $0.72 | — | ||
| Q2 24 | $1.07 | — | ||
| Q1 24 | $0.46 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $233.0M | $29.7M |
| Total DebtLower is stronger | $665.0M | $2.7B |
| Stockholders' EquityBook value | $685.0M | $984.1M |
| Total Assets | $2.4B | $6.2B |
| Debt / EquityLower = less leverage | 0.97× | 2.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $233.0M | $29.7M | ||
| Q3 25 | $248.0M | — | ||
| Q2 25 | $275.0M | $23.7M | ||
| Q1 25 | $277.0M | — | ||
| Q4 24 | $366.0M | — | ||
| Q3 24 | $393.0M | — | ||
| Q2 24 | $300.0M | — | ||
| Q1 24 | $415.0M | — |
| Q4 25 | $665.0M | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $615.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $685.0M | $984.1M | ||
| Q3 25 | $717.0M | — | ||
| Q2 25 | $777.0M | $727.7M | ||
| Q1 25 | $800.0M | — | ||
| Q4 24 | $839.0M | — | ||
| Q3 24 | $877.0M | — | ||
| Q2 24 | $751.0M | — | ||
| Q1 24 | $701.0M | — |
| Q4 25 | $2.4B | $6.2B | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.5B | $5.7B | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $3.1B | — |
| Q4 25 | 0.97× | 2.76× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $39.0M | $464.6M |
| Free Cash FlowOCF − Capex | $24.0M | $280.0M |
| FCF MarginFCF / Revenue | 3.1% | 42.0% |
| Capex IntensityCapex / Revenue | 1.9% | 27.7% |
| Cash ConversionOCF / Net Profit | — | 2.38× |
| TTM Free Cash FlowTrailing 4 quarters | $-132.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.0M | $464.6M | ||
| Q3 25 | $-39.0M | — | ||
| Q2 25 | $-15.0M | $264.1M | ||
| Q1 25 | $-58.0M | — | ||
| Q4 24 | $41.0M | — | ||
| Q3 24 | $-13.0M | — | ||
| Q2 24 | $-41.0M | — | ||
| Q1 24 | $-37.0M | — |
| Q4 25 | $24.0M | $280.0M | ||
| Q3 25 | $-54.0M | — | ||
| Q2 25 | $-30.0M | — | ||
| Q1 25 | $-72.0M | — | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $-21.0M | — | ||
| Q2 24 | $-59.0M | — | ||
| Q1 24 | $-50.0M | — |
| Q4 25 | 3.1% | 42.0% | ||
| Q3 25 | -7.0% | — | ||
| Q2 25 | -4.0% | — | ||
| Q1 25 | -9.6% | — | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | -2.6% | — | ||
| Q2 24 | -7.1% | — | ||
| Q1 24 | -5.4% | — |
| Q4 25 | 1.9% | 27.7% | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 1.4% | — |
| Q4 25 | — | 2.38× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.11× | — | ||
| Q2 24 | -0.19× | — | ||
| Q1 24 | -0.37× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNDT
| Government Segment | $230.0M | 30% |
| Integrated Digital Solutions | $134.0M | 17% |
| Customer Experience Management | $127.0M | 16% |
| B Paa S | $116.0M | 15% |
| Government Services Solutions | $93.0M | 12% |
| Transferred At Point In Time | $36.0M | 5% |
| Other | $34.0M | 4% |
DEC
Segment breakdown not available.
