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

Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $544.3M, roughly 1.2× Paycom). Diversified Energy Co runs the higher net margin — 29.3% vs 20.9%, a 8.4% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $122.6M).

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.

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

DEC vs PAYC — Head-to-Head

Bigger by revenue
DEC
DEC
1.2× larger
DEC
$666.5M
$544.3M
PAYC
Higher net margin
DEC
DEC
8.4% more per $
DEC
29.3%
20.9%
PAYC
More free cash flow
DEC
DEC
$157.4M more FCF
DEC
$280.0M
$122.6M
PAYC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DEC
DEC
PAYC
PAYC
Revenue
$666.5M
$544.3M
Net Profit
$195.5M
$113.8M
Gross Margin
83.9%
Operating Margin
37.6%
28.9%
Net Margin
29.3%
20.9%
Revenue YoY
10.2%
Net Profit YoY
0.2%
EPS (diluted)
$2.06

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
PAYC
PAYC
Q4 25
$666.5M
$544.3M
Q3 25
$499.8M
$493.3M
Q2 25
$600.3M
$483.6M
Q1 25
$530.5M
Q4 24
$493.9M
Q3 24
$451.9M
Q2 24
$437.5M
Q1 24
$499.9M
Net Profit
DEC
DEC
PAYC
PAYC
Q4 25
$195.5M
$113.8M
Q3 25
$171.1M
$110.7M
Q2 25
$297.7M
$89.5M
Q1 25
$139.4M
Q4 24
$113.6M
Q3 24
$73.3M
Q2 24
$68.0M
Q1 24
$247.2M
Gross Margin
DEC
DEC
PAYC
PAYC
Q4 25
83.9%
Q3 25
82.7%
Q2 25
44.7%
81.9%
Q1 25
84.1%
Q4 24
83.1%
Q3 24
80.5%
Q2 24
80.8%
Q1 24
84.3%
Operating Margin
DEC
DEC
PAYC
PAYC
Q4 25
37.6%
28.9%
Q3 25
36.2%
22.8%
Q2 25
48.5%
23.2%
Q1 25
34.9%
Q4 24
30.1%
Q3 24
23.2%
Q2 24
21.7%
Q1 24
57.2%
Net Margin
DEC
DEC
PAYC
PAYC
Q4 25
29.3%
20.9%
Q3 25
34.2%
22.4%
Q2 25
49.6%
18.5%
Q1 25
26.3%
Q4 24
23.0%
Q3 24
16.2%
Q2 24
15.5%
Q1 24
49.4%
EPS (diluted)
DEC
DEC
PAYC
PAYC
Q4 25
$2.06
Q3 25
$2.14
$1.96
Q2 25
$3.67
$1.58
Q1 25
$2.48
Q4 24
$2.04
Q3 24
$1.31
Q2 24
$1.20
Q1 24
$4.37

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$29.7M
$370.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$1.7B
Total Assets
$6.2B
$7.6B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
PAYC
PAYC
Q4 25
$29.7M
$370.0M
Q3 25
$375.0M
Q2 25
$23.7M
$532.2M
Q1 25
$520.8M
Q4 24
$402.0M
Q3 24
$325.8M
Q2 24
$346.5M
Q1 24
$371.3M
Total Debt
DEC
DEC
PAYC
PAYC
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DEC
DEC
PAYC
PAYC
Q4 25
$984.1M
$1.7B
Q3 25
$1.7B
Q2 25
$727.7M
$1.8B
Q1 25
$1.7B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Total Assets
DEC
DEC
PAYC
PAYC
Q4 25
$6.2B
$7.6B
Q3 25
$4.2B
Q2 25
$5.7B
$4.0B
Q1 25
$4.6B
Q4 24
$5.9B
Q3 24
$3.5B
Q2 24
$4.3B
Q1 24
$4.7B
Debt / Equity
DEC
DEC
PAYC
PAYC
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
DEC
DEC
PAYC
PAYC
Operating Cash FlowLast quarter
$464.6M
$196.1M
Free Cash FlowOCF − Capex
$280.0M
$122.6M
FCF MarginFCF / Revenue
42.0%
22.5%
Capex IntensityCapex / Revenue
27.7%
13.5%
Cash ConversionOCF / Net Profit
2.38×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DEC
DEC
PAYC
PAYC
Q4 25
$464.6M
$196.1M
Q3 25
$177.8M
Q2 25
$264.1M
$122.5M
Q1 25
$182.5M
Q4 24
$160.4M
Q3 24
$92.8M
Q2 24
$132.1M
Q1 24
$148.6M
Free Cash Flow
DEC
DEC
PAYC
PAYC
Q4 25
$280.0M
$122.6M
Q3 25
$79.8M
Q2 25
$60.8M
Q1 25
$144.8M
Q4 24
$109.0M
Q3 24
$44.6M
Q2 24
$86.5M
Q1 24
$100.9M
FCF Margin
DEC
DEC
PAYC
PAYC
Q4 25
42.0%
22.5%
Q3 25
16.2%
Q2 25
12.6%
Q1 25
27.3%
Q4 24
22.1%
Q3 24
9.9%
Q2 24
19.8%
Q1 24
20.2%
Capex Intensity
DEC
DEC
PAYC
PAYC
Q4 25
27.7%
13.5%
Q3 25
19.9%
Q2 25
12.8%
Q1 25
7.1%
Q4 24
10.4%
Q3 24
10.7%
Q2 24
10.4%
Q1 24
9.5%
Cash Conversion
DEC
DEC
PAYC
PAYC
Q4 25
2.38×
1.72×
Q3 25
1.61×
Q2 25
0.89×
1.37×
Q1 25
1.31×
Q4 24
1.41×
Q3 24
1.27×
Q2 24
1.94×
Q1 24
0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

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