vs

Side-by-side financial comparison of Diversified Energy Co (DEC) and MAGIC SOFTWARE ENTERPRISES LTD (MGIC). Click either name above to swap in a different company.

Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $419.6M, roughly 1.6× MAGIC SOFTWARE ENTERPRISES LTD). Diversified Energy Co runs the higher net margin — 29.3% vs 8.4%, a 20.9% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $37.0M).

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.

Magic Software Enterprises provides low-code integration and data management platforms that simplify the connection between legacy on-premise systems and modern cloud applications. Its flagship products — Magic xpi Integration Platform and FactoryEye Smart Factory Solution, enable enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services.

DEC vs MGIC — Head-to-Head

Bigger by revenue
DEC
DEC
1.6× larger
DEC
$666.5M
$419.6M
MGIC
Higher net margin
DEC
DEC
20.9% more per $
DEC
29.3%
8.4%
MGIC
More free cash flow
DEC
DEC
$243.1M more FCF
DEC
$280.0M
$37.0M
MGIC

Income Statement — Q4 FY2025 vs Q3 FY2023

Metric
DEC
DEC
MGIC
MGIC
Revenue
$666.5M
$419.6M
Net Profit
$195.5M
$35.3M
Gross Margin
27.1%
Operating Margin
37.6%
11.3%
Net Margin
29.3%
8.4%
Revenue YoY
Net Profit YoY
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
MGIC
MGIC
Q4 25
$666.5M
Q3 25
$499.8M
Q2 25
$600.3M
Q3 23
$419.6M
Q2 23
$275.7M
Q1 23
$138.7M
Q3 22
$347.3M
Q2 22
$226.5M
Net Profit
DEC
DEC
MGIC
MGIC
Q4 25
$195.5M
Q3 25
$171.1M
Q2 25
$297.7M
Q3 23
$35.3M
Q2 23
$22.2M
Q1 23
$11.3M
Q3 22
$26.6M
Q2 22
$17.9M
Gross Margin
DEC
DEC
MGIC
MGIC
Q4 25
Q3 25
Q2 25
44.7%
Q3 23
27.1%
Q2 23
26.9%
Q1 23
27.1%
Q3 22
27.5%
Q2 22
27.8%
Operating Margin
DEC
DEC
MGIC
MGIC
Q4 25
37.6%
Q3 25
36.2%
Q2 25
48.5%
Q3 23
11.3%
Q2 23
11.3%
Q1 23
11.6%
Q3 22
10.6%
Q2 22
11.0%
Net Margin
DEC
DEC
MGIC
MGIC
Q4 25
29.3%
Q3 25
34.2%
Q2 25
49.6%
Q3 23
8.4%
Q2 23
8.1%
Q1 23
8.1%
Q3 22
7.7%
Q2 22
7.9%
EPS (diluted)
DEC
DEC
MGIC
MGIC
Q4 25
Q3 25
$2.14
Q2 25
$3.67
Q3 23
Q2 23
Q1 23
Q3 22
$0.47
Q2 22
$0.31

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
MGIC
MGIC
Cash + ST InvestmentsLiquidity on hand
$29.7M
$83.1M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$276.3M
Total Assets
$6.2B
$505.1M
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
MGIC
MGIC
Q4 25
$29.7M
Q3 25
Q2 25
$23.7M
Q3 23
$83.1M
Q2 23
$83.1M
Q1 23
$83.1M
Q3 22
$88.1M
Q2 22
$88.1M
Total Debt
DEC
DEC
MGIC
MGIC
Q4 25
$2.7B
Q3 25
Q2 25
Q3 23
Q2 23
Q1 23
Q3 22
Q2 22
Stockholders' Equity
DEC
DEC
MGIC
MGIC
Q4 25
$984.1M
Q3 25
Q2 25
$727.7M
Q3 23
$276.3M
Q2 23
$276.3M
Q1 23
$276.3M
Q3 22
$275.7M
Q2 22
$275.7M
Total Assets
DEC
DEC
MGIC
MGIC
Q4 25
$6.2B
Q3 25
Q2 25
$5.7B
Q3 23
$505.1M
Q2 23
$505.1M
Q1 23
$505.1M
Q3 22
$492.0M
Q2 22
$492.0M
Debt / Equity
DEC
DEC
MGIC
MGIC
Q4 25
2.76×
Q3 25
Q2 25
Q3 23
Q2 23
Q1 23
Q3 22
Q2 22

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
MGIC
MGIC
Operating Cash FlowLast quarter
$464.6M
$40.3M
Free Cash FlowOCF − Capex
$280.0M
$37.0M
FCF MarginFCF / Revenue
42.0%
8.8%
Capex IntensityCapex / Revenue
27.7%
0.8%
Cash ConversionOCF / Net Profit
2.38×
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DEC
DEC
MGIC
MGIC
Q4 25
$464.6M
Q3 25
Q2 25
$264.1M
Q3 23
$40.3M
Q2 23
$18.4M
Q1 23
$12.8M
Q3 22
$34.2M
Q2 22
$28.0M
Free Cash Flow
DEC
DEC
MGIC
MGIC
Q4 25
$280.0M
Q3 25
Q2 25
Q3 23
$37.0M
Q2 23
$16.2M
Q1 23
$12.5M
Q3 22
$33.2M
Q2 22
$27.4M
FCF Margin
DEC
DEC
MGIC
MGIC
Q4 25
42.0%
Q3 25
Q2 25
Q3 23
8.8%
Q2 23
5.9%
Q1 23
9.0%
Q3 22
9.6%
Q2 22
12.1%
Capex Intensity
DEC
DEC
MGIC
MGIC
Q4 25
27.7%
Q3 25
Q2 25
Q3 23
0.8%
Q2 23
0.8%
Q1 23
0.2%
Q3 22
0.3%
Q2 22
0.3%
Cash Conversion
DEC
DEC
MGIC
MGIC
Q4 25
2.38×
Q3 25
Q2 25
0.89×
Q3 23
1.14×
Q2 23
0.83×
Q1 23
1.13×
Q3 22
1.28×
Q2 22
1.57×

Financial Flow Comparison

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

Related Comparisons