vs
Side-by-side financial comparison of Diversified Energy Co (DEC) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $531.4M, roughly 1.3× PJT Partners Inc.). Diversified Energy Co runs the higher net margin — 29.3% vs 10.0%, a 19.3% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $138.6M).
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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
DEC vs PJT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $666.5M | $531.4M |
| Net Profit | $195.5M | $53.4M |
| Gross Margin | — | — |
| Operating Margin | 37.6% | 23.1% |
| Net Margin | 29.3% | 10.0% |
| Revenue YoY | — | 12.9% |
| Net Profit YoY | — | 4.0% |
| 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.
| Q4 25 | $666.5M | $531.4M | ||
| Q3 25 | $499.8M | $442.3M | ||
| Q2 25 | $600.3M | $401.1M | ||
| Q1 25 | — | $321.9M | ||
| Q4 24 | — | $470.5M | ||
| Q3 24 | — | $320.3M | ||
| Q2 24 | — | $358.1M | ||
| Q1 24 | — | $327.1M |
| Q4 25 | $195.5M | $53.4M | ||
| Q3 25 | $171.1M | $39.8M | ||
| Q2 25 | $297.7M | $32.9M | ||
| Q1 25 | — | $54.0M | ||
| Q4 24 | — | $51.3M | ||
| Q3 24 | — | $22.1M | ||
| Q2 24 | — | $28.3M | ||
| Q1 24 | — | $32.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 37.6% | 23.1% | ||
| Q3 25 | 36.2% | 20.6% | ||
| Q2 25 | 48.5% | 19.1% | ||
| Q1 25 | — | 16.3% | ||
| Q4 24 | — | 21.9% | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | — | 18.0% | ||
| Q1 24 | — | 16.5% |
| Q4 25 | 29.3% | 10.0% | ||
| Q3 25 | 34.2% | 9.0% | ||
| Q2 25 | 49.6% | 8.2% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 6.9% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 10.0% |
| Q4 25 | — | — | ||
| Q3 25 | $2.14 | — | ||
| Q2 25 | $3.67 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $538.9M |
| Total DebtLower is stronger | $2.7B | — |
| Stockholders' EquityBook value | $984.1M | $308.2M |
| Total Assets | $6.2B | $1.8B |
| Debt / EquityLower = less leverage | 2.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.7M | $538.9M | ||
| Q3 25 | — | $400.5M | ||
| Q2 25 | $23.7M | $214.6M | ||
| Q1 25 | — | $194.3M | ||
| Q4 24 | — | $483.9M | ||
| Q3 24 | — | $148.8M | ||
| Q2 24 | — | $164.2M | ||
| Q1 24 | — | $215.5M |
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $984.1M | $308.2M | ||
| Q3 25 | — | $228.6M | ||
| Q2 25 | $727.7M | $167.4M | ||
| Q1 25 | — | $148.8M | ||
| Q4 24 | — | $187.0M | ||
| Q3 24 | — | $159.1M | ||
| Q2 24 | — | $133.8M | ||
| Q1 24 | — | $174.6M |
| Q4 25 | $6.2B | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $5.7B | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
| 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 | $155.7M |
| Free Cash FlowOCF − Capex | $280.0M | $138.6M |
| FCF MarginFCF / Revenue | 42.0% | 26.1% |
| Capex IntensityCapex / Revenue | 27.7% | 3.2% |
| Cash ConversionOCF / Net Profit | 2.38× | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $464.6M | $155.7M | ||
| Q3 25 | — | $256.1M | ||
| Q2 25 | $264.1M | $190.4M | ||
| Q1 25 | — | $-75.9M | ||
| Q4 24 | — | $195.7M | ||
| Q3 24 | — | $180.5M | ||
| Q2 24 | — | $193.6M | ||
| Q1 24 | — | $-38.8M |
| Q4 25 | $280.0M | $138.6M | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $178.9M | ||
| Q1 25 | — | $-77.9M | ||
| Q4 24 | — | $195.3M | ||
| Q3 24 | — | $178.5M | ||
| Q2 24 | — | $193.0M | ||
| Q1 24 | — | $-39.2M |
| Q4 25 | 42.0% | 26.1% | ||
| Q3 25 | — | 54.5% | ||
| Q2 25 | — | 44.6% | ||
| Q1 25 | — | -24.2% | ||
| Q4 24 | — | 41.5% | ||
| Q3 24 | — | 55.7% | ||
| Q2 24 | — | 53.9% | ||
| Q1 24 | — | -12.0% |
| Q4 25 | 27.7% | 3.2% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | 2.38× | 2.92× | ||
| Q3 25 | — | 6.43× | ||
| Q2 25 | 0.89× | 5.79× | ||
| Q1 25 | — | -1.41× | ||
| Q4 24 | — | 3.81× | ||
| Q3 24 | — | 8.15× | ||
| Q2 24 | — | 6.84× | ||
| Q1 24 | — | -1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
