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

Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $550.2M, roughly 1.2× Hillenbrand, Inc.). Diversified Energy Co runs the higher net margin — 29.3% vs -0.4%, a 29.7% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $-31.6M).

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.

Hillenbrand, Inc. is a global diversified industrial firm that designs, manufactures, and distributes specialized processing equipment and durable industrial solutions. It serves food & beverage, agriculture, manufacturing, waste management sectors, with operations across North America, Europe, and APAC.

DEC vs HI — Head-to-Head

Bigger by revenue
DEC
DEC
1.2× larger
DEC
$666.5M
$550.2M
HI
Higher net margin
DEC
DEC
29.7% more per $
DEC
29.3%
-0.4%
HI
More free cash flow
DEC
DEC
$311.6M more FCF
DEC
$280.0M
$-31.6M
HI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DEC
DEC
HI
HI
Revenue
$666.5M
$550.2M
Net Profit
$195.5M
$-2.2M
Gross Margin
33.4%
Operating Margin
37.6%
-2.2%
Net Margin
29.3%
-0.4%
Revenue YoY
-22.2%
Net Profit YoY
-134.4%
EPS (diluted)

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
HI
HI
Q4 25
$666.5M
$550.2M
Q3 25
$499.8M
$652.1M
Q2 25
$600.3M
$598.9M
Q1 25
$715.9M
Q4 24
$706.9M
Q3 24
$837.6M
Q2 24
$786.6M
Q1 24
$785.3M
Net Profit
DEC
DEC
HI
HI
Q4 25
$195.5M
$-2.2M
Q3 25
$171.1M
$75.7M
Q2 25
$297.7M
$1.9M
Q1 25
$-40.9M
Q4 24
$6.4M
Q3 24
$14.6M
Q2 24
$-248.9M
Q1 24
$6.1M
Gross Margin
DEC
DEC
HI
HI
Q4 25
33.4%
Q3 25
34.8%
Q2 25
44.7%
33.8%
Q1 25
33.0%
Q4 24
33.2%
Q3 24
34.4%
Q2 24
33.9%
Q1 24
31.9%
Operating Margin
DEC
DEC
HI
HI
Q4 25
37.6%
-2.2%
Q3 25
36.2%
Q2 25
48.5%
1.8%
Q1 25
-6.2%
Q4 24
2.2%
Q3 24
Q2 24
-32.7%
Q1 24
1.6%
Net Margin
DEC
DEC
HI
HI
Q4 25
29.3%
-0.4%
Q3 25
34.2%
11.6%
Q2 25
49.6%
0.3%
Q1 25
-5.7%
Q4 24
0.9%
Q3 24
1.7%
Q2 24
-31.6%
Q1 24
0.8%
EPS (diluted)
DEC
DEC
HI
HI
Q4 25
Q3 25
$2.14
$1.07
Q2 25
$3.67
$0.03
Q1 25
$-0.58
Q4 24
$0.09
Q3 24
$0.20
Q2 24
$-3.53
Q1 24
$0.09

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
HI
HI
Cash + ST InvestmentsLiquidity on hand
$29.7M
$173.1M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$1.4B
Total Assets
$6.2B
$4.5B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
HI
HI
Q4 25
$29.7M
$173.1M
Q3 25
$164.8M
Q2 25
$23.7M
$162.8M
Q1 25
$458.4M
Q4 24
$208.0M
Q3 24
$199.3M
Q2 24
$223.8M
Q1 24
$224.4M
Total Debt
DEC
DEC
HI
HI
Q4 25
$2.7B
Q3 25
$1.5B
Q2 25
$1.7B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
DEC
DEC
HI
HI
Q4 25
$984.1M
$1.4B
Q3 25
$1.4B
Q2 25
$727.7M
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.7B
Total Assets
DEC
DEC
HI
HI
Q4 25
$6.2B
$4.5B
Q3 25
$4.5B
Q2 25
$5.7B
$4.7B
Q1 25
$4.8B
Q4 24
$5.1B
Q3 24
$5.2B
Q2 24
$5.3B
Q1 24
$5.6B
Debt / Equity
DEC
DEC
HI
HI
Q4 25
2.76×
Q3 25
1.10×
Q2 25
1.27×
Q1 25
1.44×
Q4 24
1.38×
Q3 24
1.33×
Q2 24
1.48×
Q1 24
1.28×

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
HI
HI
Operating Cash FlowLast quarter
$464.6M
$-27.4M
Free Cash FlowOCF − Capex
$280.0M
$-31.6M
FCF MarginFCF / Revenue
42.0%
-5.7%
Capex IntensityCapex / Revenue
27.7%
0.8%
Cash ConversionOCF / Net Profit
2.38×
TTM Free Cash FlowTrailing 4 quarters
$7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DEC
DEC
HI
HI
Q4 25
$464.6M
$-27.4M
Q3 25
$67.7M
Q2 25
$264.1M
$-1.5M
Q1 25
$1.3M
Q4 24
$-11.3M
Q3 24
$166.5M
Q2 24
$45.6M
Q1 24
$3.2M
Free Cash Flow
DEC
DEC
HI
HI
Q4 25
$280.0M
$-31.6M
Q3 25
$58.6M
Q2 25
$-11.2M
Q1 25
$-8.0M
Q4 24
$-21.5M
Q3 24
$153.4M
Q2 24
$29.7M
Q1 24
$-9.6M
FCF Margin
DEC
DEC
HI
HI
Q4 25
42.0%
-5.7%
Q3 25
9.0%
Q2 25
-1.9%
Q1 25
-1.1%
Q4 24
-3.0%
Q3 24
18.3%
Q2 24
3.8%
Q1 24
-1.2%
Capex Intensity
DEC
DEC
HI
HI
Q4 25
27.7%
0.8%
Q3 25
1.4%
Q2 25
1.6%
Q1 25
1.3%
Q4 24
1.4%
Q3 24
1.6%
Q2 24
2.0%
Q1 24
1.6%
Cash Conversion
DEC
DEC
HI
HI
Q4 25
2.38×
Q3 25
0.89×
Q2 25
0.89×
-0.79×
Q1 25
Q4 24
-1.77×
Q3 24
11.40×
Q2 24
Q1 24
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

HI
HI

Transferred At Point In Time$256.5M47%
Transferred Over Time$207.1M38%
Molding Technology Solutions$86.6M16%

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