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Side-by-side financial comparison of Diversified Energy Co (DEC) and HERBALIFE LTD. (HLF). Click either name above to swap in a different company.
HERBALIFE LTD. is the larger business by last-quarter revenue ($1.3B vs $666.5M, roughly 1.9× 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 $79.8M).
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.
Herbalife Nutrition Ltd., also called Herbalife International, Inc. or simply Herbalife, is an American multinational multi-level marketing (MLM) corporation that develops and sells dietary supplements. The company has been alleged to have fraudulently operated a pyramid scheme; under an SEC agreement in 2016 the compensation and other benefits were restructured to include tying distributor rewards to verifiable sales. Some products sold by Herbalife have caused acute hepatitis. The business...
DEC vs HLF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $666.5M | $1.3B |
| Net Profit | $195.5M | $85.4M |
| Gross Margin | — | 77.5% |
| Operating Margin | 37.6% | 7.8% |
| Net Margin | 29.3% | 6.7% |
| Revenue YoY | — | 6.3% |
| Net Profit YoY | — | -52.0% |
| EPS (diluted) | — | $0.81 |
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 | $666.5M | $1.3B | ||
| Q3 25 | $499.8M | $1.3B | ||
| Q2 25 | $600.3M | $1.3B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
| Q4 25 | $195.5M | $85.4M | ||
| Q3 25 | $171.1M | $43.2M | ||
| Q2 25 | $297.7M | $49.3M | ||
| Q1 25 | — | $50.4M | ||
| Q4 24 | — | $177.9M | ||
| Q3 24 | — | $47.4M | ||
| Q2 24 | — | $4.7M | ||
| Q1 24 | — | $24.3M |
| Q4 25 | — | 77.5% | ||
| Q3 25 | — | 77.7% | ||
| Q2 25 | 44.7% | 78.0% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.8% | ||
| Q3 24 | — | 78.3% | ||
| Q2 24 | — | 77.9% | ||
| Q1 24 | — | 77.5% |
| Q4 25 | 37.6% | 7.8% | ||
| Q3 25 | 36.2% | 9.9% | ||
| Q2 25 | 48.5% | 10.5% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 6.3% | ||
| Q1 24 | — | 5.7% |
| Q4 25 | 29.3% | 6.7% | ||
| Q3 25 | 34.2% | 3.4% | ||
| Q2 25 | 49.6% | 3.9% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | — | $0.81 | ||
| Q3 25 | $2.14 | $0.42 | ||
| Q2 25 | $3.67 | $0.48 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $1.75 | ||
| Q3 24 | — | $0.46 | ||
| Q2 24 | — | $0.05 | ||
| Q1 24 | — | $0.24 |
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 | $353.1M |
| Total DebtLower is stronger | $2.7B | $2.0B |
| Stockholders' EquityBook value | $984.1M | $-515.1M |
| Total Assets | $6.2B | $2.8B |
| Debt / EquityLower = less leverage | 2.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.7M | $353.1M | ||
| Q3 25 | — | $305.5M | ||
| Q2 25 | $23.7M | $320.9M | ||
| Q1 25 | — | $329.4M | ||
| Q4 24 | — | $415.3M | ||
| Q3 24 | — | $402.5M | ||
| Q2 24 | — | $374.0M | ||
| Q1 24 | — | $398.3M |
| Q4 25 | $2.7B | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.4B |
| Q4 25 | $984.1M | $-515.1M | ||
| Q3 25 | — | $-612.0M | ||
| Q2 25 | $727.7M | $-660.5M | ||
| Q1 25 | — | $-736.0M | ||
| Q4 24 | — | $-801.1M | ||
| Q3 24 | — | $-954.2M | ||
| Q2 24 | — | $-1.0B | ||
| Q1 24 | — | $-1.0B |
| Q4 25 | $6.2B | $2.8B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $5.7B | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.6B |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $464.6M | $98.3M |
| Free Cash FlowOCF − Capex | $280.0M | $79.8M |
| FCF MarginFCF / Revenue | 42.0% | 6.2% |
| Capex IntensityCapex / Revenue | 27.7% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.38× | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $252.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $464.6M | $98.3M | ||
| Q3 25 | — | $138.8M | ||
| Q2 25 | $264.1M | $96.0M | ||
| Q1 25 | — | $200.0K | ||
| Q4 24 | — | $69.6M | ||
| Q3 24 | — | $99.5M | ||
| Q2 24 | — | $102.5M | ||
| Q1 24 | — | $13.8M |
| Q4 25 | $280.0M | $79.8M | ||
| Q3 25 | — | $118.0M | ||
| Q2 25 | — | $73.2M | ||
| Q1 25 | — | $-18.1M | ||
| Q4 24 | — | $43.9M | ||
| Q3 24 | — | $72.4M | ||
| Q2 24 | — | $66.2M | ||
| Q1 24 | — | $-19.1M |
| Q4 25 | 42.0% | 6.2% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | -1.5% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 5.2% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | 27.7% | 1.4% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 2.6% |
| Q4 25 | 2.38× | 1.15× | ||
| Q3 25 | — | 3.21× | ||
| Q2 25 | 0.89× | 1.95× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 2.10× | ||
| Q2 24 | — | 21.81× | ||
| Q1 24 | — | 0.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEC
Segment breakdown not available.
HLF
| Others | $514.4M | 40% |
| Other | $300.0M | 23% |
| IN | $250.3M | 20% |
| MX | $147.2M | 11% |
| VN | $71.1M | 6% |