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Side-by-side financial comparison of Diversified Energy Co (DEC) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.
Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $336.0M, roughly 2.0× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 29.3%, a 9.3% gap on every dollar of revenue.
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.
Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
DEC vs FRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $666.5M | $336.0M |
| Net Profit | $195.5M | $129.7M |
| Gross Margin | — | — |
| Operating Margin | 37.6% | 53.8% |
| Net Margin | 29.3% | 38.6% |
| Revenue YoY | — | 8.7% |
| Net Profit YoY | — | 103.5% |
| EPS (diluted) | — | $1.49 |
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 | — | $336.0M | ||
| Q4 25 | $666.5M | $336.0M | ||
| Q3 25 | $499.8M | $322.3M | ||
| Q2 25 | $600.3M | $311.5M | ||
| Q1 25 | — | $309.2M | ||
| Q4 24 | — | $311.4M | ||
| Q3 24 | — | $303.6M | ||
| Q2 24 | — | $296.1M |
| Q1 26 | — | $129.7M | ||
| Q4 25 | $195.5M | $129.7M | ||
| Q3 25 | $171.1M | $61.6M | ||
| Q2 25 | $297.7M | $155.9M | ||
| Q1 25 | — | $63.8M | ||
| Q4 24 | — | $65.5M | ||
| Q3 24 | — | $61.0M | ||
| Q2 24 | — | $112.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 53.8% | ||
| Q4 25 | 37.6% | 53.8% | ||
| Q3 25 | 36.2% | 34.3% | ||
| Q2 25 | 48.5% | 65.1% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | 35.1% | ||
| Q3 24 | — | 34.9% | ||
| Q2 24 | — | 53.0% |
| Q1 26 | — | 38.6% | ||
| Q4 25 | 29.3% | 38.6% | ||
| Q3 25 | 34.2% | 19.1% | ||
| Q2 25 | 49.6% | 50.0% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 21.0% | ||
| Q3 24 | — | 20.1% | ||
| Q2 24 | — | 37.8% |
| Q1 26 | — | $1.49 | ||
| Q4 25 | — | $1.49 | ||
| Q3 25 | $2.14 | $0.69 | ||
| Q2 25 | $3.67 | $1.78 | ||
| Q1 25 | — | $0.72 | ||
| Q4 24 | — | $0.74 | ||
| Q3 24 | — | $0.70 | ||
| Q2 24 | — | $1.32 |
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 | $107.4M |
| Total DebtLower is stronger | $2.7B | $5.0B |
| Stockholders' EquityBook value | $984.1M | $3.2B |
| Total Assets | $6.2B | $9.1B |
| Debt / EquityLower = less leverage | 2.76× | 1.53× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $107.4M | ||
| Q4 25 | $29.7M | $107.4M | ||
| Q3 25 | — | $111.3M | ||
| Q2 25 | $23.7M | $177.0M | ||
| Q1 25 | — | $109.2M | ||
| Q4 24 | — | $123.4M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $103.2M |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $2.7B | $5.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $3.2B | ||
| Q4 25 | $984.1M | $3.2B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | $727.7M | $3.2B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.0B |
| Q1 26 | — | $9.1B | ||
| Q4 25 | $6.2B | $9.1B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | $5.7B | $8.6B | ||
| Q1 25 | — | $8.6B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $8.5B | ||
| Q2 24 | — | $8.4B |
| Q1 26 | — | 1.53× | ||
| Q4 25 | 2.76× | 1.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | — | — | ||
| Q2 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 | $464.6M | — |
| Free Cash FlowOCF − Capex | $280.0M | — |
| FCF MarginFCF / Revenue | 42.0% | — |
| Capex IntensityCapex / Revenue | 27.7% | — |
| 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 | $622.4M | ||
| Q3 25 | — | $147.8M | ||
| Q2 25 | $264.1M | $150.7M | ||
| Q1 25 | — | $179.0M | ||
| Q4 24 | — | $574.6M | ||
| Q3 24 | — | $144.1M | ||
| Q2 24 | — | $169.7M |
| Q1 26 | — | — | ||
| Q4 25 | $280.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 42.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 27.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.38× | 4.80× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | 0.89× | 0.97× | ||
| Q1 25 | — | 2.81× | ||
| Q4 24 | — | 8.77× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
