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Side-by-side financial comparison of Diversified Energy Co (DEC) and Element Solutions Inc (ESI). Click either name above to swap in a different company.
Element Solutions Inc is the larger business by last-quarter revenue ($840.0M vs $666.5M, roughly 1.3× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs 6.7%, a 22.7% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $-74.2M).
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.
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
DEC vs ESI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $666.5M | $840.0M |
| Net Profit | $195.5M | $56.0M |
| Gross Margin | — | 38.4% |
| Operating Margin | 37.6% | 13.3% |
| Net Margin | 29.3% | 6.7% |
| Revenue YoY | — | 41.0% |
| Net Profit YoY | — | -43.0% |
| EPS (diluted) | — | $0.23 |
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.
| Q1 26 | — | $840.0M | ||
| Q4 25 | $666.5M | $676.2M | ||
| Q3 25 | $499.8M | $656.1M | ||
| Q2 25 | $600.3M | $625.2M | ||
| Q1 25 | — | $593.7M | ||
| Q4 24 | — | $624.2M | ||
| Q3 24 | — | $645.0M | ||
| Q2 24 | — | $612.7M |
| Q1 26 | — | $56.0M | ||
| Q4 25 | $195.5M | $6.2M | ||
| Q3 25 | $171.1M | $39.3M | ||
| Q2 25 | $297.7M | $47.4M | ||
| Q1 25 | — | $98.0M | ||
| Q4 24 | — | $54.7M | ||
| Q3 24 | — | $40.3M | ||
| Q2 24 | — | $93.2M |
| Q1 26 | — | 38.4% | ||
| Q4 25 | — | 40.9% | ||
| Q3 25 | — | 42.2% | ||
| Q2 25 | 44.7% | 42.6% | ||
| Q1 25 | — | 42.2% | ||
| Q4 24 | — | 41.0% | ||
| Q3 24 | — | 41.5% | ||
| Q2 24 | — | 43.6% |
| Q1 26 | — | 13.3% | ||
| Q4 25 | 37.6% | 10.3% | ||
| Q3 25 | 36.2% | 15.4% | ||
| Q2 25 | 48.5% | 15.1% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 14.7% | ||
| Q2 24 | — | 15.7% |
| Q1 26 | — | 6.7% | ||
| Q4 25 | 29.3% | 0.9% | ||
| Q3 25 | 34.2% | 6.0% | ||
| Q2 25 | 49.6% | 7.6% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 15.2% |
| Q1 26 | — | $0.23 | ||
| Q4 25 | — | $0.03 | ||
| Q3 25 | $2.14 | $0.16 | ||
| Q2 25 | $3.67 | $0.20 | ||
| Q1 25 | — | $0.40 | ||
| Q4 24 | — | $0.22 | ||
| Q3 24 | — | $0.17 | ||
| Q2 24 | — | $0.39 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $29.7M | $177.3M |
| Total DebtLower is stronger | $2.7B | — |
| Stockholders' EquityBook value | $984.1M | $2.7B |
| Total Assets | $6.2B | $5.7B |
| Debt / EquityLower = less leverage | 2.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $177.3M | ||
| Q4 25 | $29.7M | $626.5M | ||
| Q3 25 | — | $594.3M | ||
| Q2 25 | $23.7M | $529.9M | ||
| Q1 25 | — | $499.2M | ||
| Q4 24 | — | $359.4M | ||
| Q3 24 | — | $376.0M | ||
| Q2 24 | — | $309.3M |
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.9B |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $984.1M | $2.7B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $727.7M | $2.6B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $6.2B | $5.1B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | $5.7B | $5.0B | ||
| Q1 25 | — | $4.8B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.0B |
| Q1 26 | — | — | ||
| Q4 25 | 2.76× | 0.61× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.76× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.81× |
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 | $464.6M | — |
| Free Cash FlowOCF − Capex | $280.0M | $-74.2M |
| FCF MarginFCF / Revenue | 42.0% | -8.8% |
| Capex IntensityCapex / Revenue | 27.7% | 3.0% |
| Cash ConversionOCF / Net Profit | 2.38× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $464.6M | — | ||
| Q3 25 | — | $100.1M | ||
| Q2 25 | $264.1M | — | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $98.5M | ||
| Q2 24 | — | — |
| Q1 26 | — | $-74.2M | ||
| Q4 25 | $280.0M | — | ||
| Q3 25 | — | $83.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $15.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $85.9M | ||
| Q2 24 | — | — |
| Q1 26 | — | -8.8% | ||
| Q4 25 | 42.0% | — | ||
| Q3 25 | — | 12.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 13.3% | ||
| Q2 24 | — | — |
| Q1 26 | — | 3.0% | ||
| Q4 25 | 27.7% | 2.5% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.38× | — | ||
| Q3 25 | — | 2.55× | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.44× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEC
Segment breakdown not available.
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
