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Side-by-side financial comparison of Diversified Energy Co (DEC) and Fabrinet (FN). Click either name above to swap in a different company.

Fabrinet is the larger business by last-quarter revenue ($1.1B vs $666.5M, roughly 1.7× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs 9.9%, a 19.4% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $-5.3M).

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.

Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.

DEC vs FN — Head-to-Head

Bigger by revenue
FN
FN
1.7× larger
FN
$1.1B
$666.5M
DEC
Higher net margin
DEC
DEC
19.4% more per $
DEC
29.3%
9.9%
FN
More free cash flow
DEC
DEC
$285.4M more FCF
DEC
$280.0M
$-5.3M
FN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DEC
DEC
FN
FN
Revenue
$666.5M
$1.1B
Net Profit
$195.5M
$112.6M
Gross Margin
12.2%
Operating Margin
37.6%
10.1%
Net Margin
29.3%
9.9%
Revenue YoY
35.9%
Net Profit YoY
30.0%
EPS (diluted)
$3.11

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.

Revenue
DEC
DEC
FN
FN
Q4 25
$666.5M
$1.1B
Q3 25
$499.8M
$978.1M
Q2 25
$600.3M
$909.7M
Q1 25
$871.8M
Q4 24
$833.6M
Q3 24
$804.2M
Q2 24
$753.3M
Q1 24
$731.5M
Net Profit
DEC
DEC
FN
FN
Q4 25
$195.5M
$112.6M
Q3 25
$171.1M
$95.9M
Q2 25
$297.7M
$87.2M
Q1 25
$81.3M
Q4 24
$86.6M
Q3 24
$77.4M
Q2 24
$81.1M
Q1 24
$80.9M
Gross Margin
DEC
DEC
FN
FN
Q4 25
12.2%
Q3 25
11.9%
Q2 25
44.7%
12.2%
Q1 25
11.7%
Q4 24
12.1%
Q3 24
12.3%
Q2 24
12.3%
Q1 24
12.4%
Operating Margin
DEC
DEC
FN
FN
Q4 25
37.6%
10.1%
Q3 25
36.2%
9.6%
Q2 25
48.5%
9.8%
Q1 25
9.0%
Q4 24
9.5%
Q3 24
9.6%
Q2 24
9.7%
Q1 24
9.7%
Net Margin
DEC
DEC
FN
FN
Q4 25
29.3%
9.9%
Q3 25
34.2%
9.8%
Q2 25
49.6%
9.6%
Q1 25
9.3%
Q4 24
10.4%
Q3 24
9.6%
Q2 24
10.8%
Q1 24
11.1%
EPS (diluted)
DEC
DEC
FN
FN
Q4 25
$3.11
Q3 25
$2.14
$2.66
Q2 25
$3.67
$2.41
Q1 25
$2.25
Q4 24
$2.38
Q3 24
$2.13
Q2 24
$2.22
Q1 24
$2.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DEC
DEC
FN
FN
Cash + ST InvestmentsLiquidity on hand
$29.7M
$960.8M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$2.2B
Total Assets
$6.2B
$3.3B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
FN
FN
Q4 25
$29.7M
$960.8M
Q3 25
$968.8M
Q2 25
$23.7M
$934.2M
Q1 25
$950.7M
Q4 24
$934.6M
Q3 24
$908.9M
Q2 24
$858.6M
Q1 24
$794.0M
Total Debt
DEC
DEC
FN
FN
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DEC
DEC
FN
FN
Q4 25
$984.1M
$2.2B
Q3 25
$2.1B
Q2 25
$727.7M
$2.0B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.7B
Total Assets
DEC
DEC
FN
FN
Q4 25
$6.2B
$3.3B
Q3 25
$3.0B
Q2 25
$5.7B
$2.8B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.4B
Q2 24
$2.3B
Q1 24
$2.2B
Debt / Equity
DEC
DEC
FN
FN
Q4 25
2.76×
Q3 25
Q2 25
Q1 25
Q4 24
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
DEC
DEC
FN
FN
Operating Cash FlowLast quarter
$464.6M
$46.3M
Free Cash FlowOCF − Capex
$280.0M
$-5.3M
FCF MarginFCF / Revenue
42.0%
-0.5%
Capex IntensityCapex / Revenue
27.7%
4.6%
Cash ConversionOCF / Net Profit
2.38×
0.41×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DEC
DEC
FN
FN
Q4 25
$464.6M
$46.3M
Q3 25
$102.6M
Q2 25
$264.1M
$55.1M
Q1 25
$74.2M
Q4 24
$115.9M
Q3 24
$83.2M
Q2 24
$83.1M
Q1 24
$100.9M
Free Cash Flow
DEC
DEC
FN
FN
Q4 25
$280.0M
$-5.3M
Q3 25
$57.3M
Q2 25
$4.7M
Q1 25
$45.7M
Q4 24
$94.0M
Q3 24
$62.9M
Q2 24
$70.4M
Q1 24
$87.3M
FCF Margin
DEC
DEC
FN
FN
Q4 25
42.0%
-0.5%
Q3 25
5.9%
Q2 25
0.5%
Q1 25
5.2%
Q4 24
11.3%
Q3 24
7.8%
Q2 24
9.3%
Q1 24
11.9%
Capex Intensity
DEC
DEC
FN
FN
Q4 25
27.7%
4.6%
Q3 25
4.6%
Q2 25
5.5%
Q1 25
3.3%
Q4 24
2.6%
Q3 24
2.5%
Q2 24
1.7%
Q1 24
1.9%
Cash Conversion
DEC
DEC
FN
FN
Q4 25
2.38×
0.41×
Q3 25
1.07×
Q2 25
0.89×
0.63×
Q1 25
0.91×
Q4 24
1.34×
Q3 24
1.07×
Q2 24
1.02×
Q1 24
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

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