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Side-by-side financial comparison of Diversified Energy Co (DEC) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.

Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $553.7M, roughly 1.2× Mid-America Apartment Communities).

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.

Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.

DEC vs MAA — Head-to-Head

Bigger by revenue
DEC
DEC
1.2× larger
DEC
$666.5M
$553.7M
MAA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DEC
DEC
MAA
MAA
Revenue
$666.5M
$553.7M
Net Profit
$195.5M
Gross Margin
Operating Margin
37.6%
Net Margin
29.3%
Revenue YoY
438.7%
Net Profit YoY
EPS (diluted)
$4.34

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
MAA
MAA
Q1 26
$553.7M
Q4 25
$666.5M
$555.6M
Q3 25
$499.8M
$554.4M
Q2 25
$600.3M
$549.9M
Q1 25
$549.3M
Q4 24
$549.8M
Q3 24
$551.1M
Q2 24
$546.4M
Net Profit
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$195.5M
$57.6M
Q3 25
$171.1M
$99.5M
Q2 25
$297.7M
$108.1M
Q1 25
$181.7M
Q4 24
$166.6M
Q3 24
$115.2M
Q2 24
$102.0M
Gross Margin
DEC
DEC
MAA
MAA
Q1 26
Q4 25
Q3 25
Q2 25
44.7%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
DEC
DEC
MAA
MAA
Q1 26
Q4 25
37.6%
10.4%
Q3 25
36.2%
18.7%
Q2 25
48.5%
20.2%
Q1 25
34.0%
Q4 24
31.3%
Q3 24
21.5%
Q2 24
19.3%
Net Margin
DEC
DEC
MAA
MAA
Q1 26
Q4 25
29.3%
10.4%
Q3 25
34.2%
18.0%
Q2 25
49.6%
19.7%
Q1 25
33.1%
Q4 24
30.3%
Q3 24
20.9%
Q2 24
18.7%
EPS (diluted)
DEC
DEC
MAA
MAA
Q1 26
$4.34
Q4 25
$0.48
Q3 25
$2.14
$0.84
Q2 25
$3.67
$0.92
Q1 25
$1.54
Q4 24
$1.43
Q3 24
$0.98
Q2 24
$0.86

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$29.7M
$60.3M
Q3 25
$32.2M
Q2 25
$23.7M
$54.5M
Q1 25
$55.8M
Q4 24
$43.0M
Q3 24
$50.2M
Q2 24
$62.8M
Total Debt
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$984.1M
$5.7B
Q3 25
$5.8B
Q2 25
$727.7M
$5.9B
Q1 25
$5.9B
Q4 24
$5.9B
Q3 24
$5.9B
Q2 24
$6.0B
Total Assets
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$6.2B
$12.0B
Q3 25
$11.9B
Q2 25
$5.7B
$11.8B
Q1 25
$11.8B
Q4 24
$11.8B
Q3 24
$11.8B
Q2 24
$11.6B
Debt / Equity
DEC
DEC
MAA
MAA
Q1 26
Q4 25
2.76×
Q3 25
Q2 25
Q1 25
Q4 24
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
DEC
DEC
MAA
MAA
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.

Operating Cash Flow
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$464.6M
$261.7M
Q3 25
$266.4M
Q2 25
$264.1M
$353.4M
Q1 25
$196.6M
Q4 24
$239.1M
Q3 24
$309.5M
Q2 24
$349.4M
Free Cash Flow
DEC
DEC
MAA
MAA
Q1 26
Q4 25
$280.0M
$158.6M
Q3 25
$170.8M
Q2 25
$264.5M
Q1 25
$124.0M
Q4 24
$152.6M
Q3 24
$215.5M
Q2 24
$259.7M
FCF Margin
DEC
DEC
MAA
MAA
Q1 26
Q4 25
42.0%
28.5%
Q3 25
30.8%
Q2 25
48.1%
Q1 25
22.6%
Q4 24
27.8%
Q3 24
39.1%
Q2 24
47.5%
Capex Intensity
DEC
DEC
MAA
MAA
Q1 26
Q4 25
27.7%
18.6%
Q3 25
17.2%
Q2 25
16.2%
Q1 25
13.2%
Q4 24
15.7%
Q3 24
17.1%
Q2 24
16.4%
Cash Conversion
DEC
DEC
MAA
MAA
Q1 26
Q4 25
2.38×
4.55×
Q3 25
2.68×
Q2 25
0.89×
3.27×
Q1 25
1.08×
Q4 24
1.43×
Q3 24
2.69×
Q2 24
3.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

MAA
MAA

Same Store Communities$517.0M93%
Non-Same Store Communities$22.1M4%
Lease-up/Development Communities$7.7M1%
Commercial Property/Land$7.0M1%

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