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Side-by-side financial comparison of Diversified Energy Co (DEC) and Ralliant Corp (RAL). Click either name above to swap in a different company.
Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $529.1M, roughly 1.3× Ralliant Corp). Diversified Energy Co runs the higher net margin — 29.3% vs 7.5%, a 21.8% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $126.6M).
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.
DEC vs RAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $666.5M | $529.1M |
| Net Profit | $195.5M | $39.9M |
| Gross Margin | — | 50.8% |
| Operating Margin | 37.6% | 9.8% |
| Net Margin | 29.3% | 7.5% |
| Revenue YoY | — | -0.5% |
| Net Profit YoY | — | -56.1% |
| EPS (diluted) | — | $0.35 |
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 | — | ||
| Q3 25 | $499.8M | $529.1M | ||
| Q2 25 | $600.3M | $503.3M | ||
| Q3 24 | — | $531.7M | ||
| Q2 24 | — | $533.7M |
| Q4 25 | $195.5M | — | ||
| Q3 25 | $171.1M | $39.9M | ||
| Q2 25 | $297.7M | $47.6M | ||
| Q3 24 | — | $90.9M | ||
| Q2 24 | — | $64.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | 44.7% | 49.3% | ||
| Q3 24 | — | 52.6% | ||
| Q2 24 | — | 51.5% |
| Q4 25 | 37.6% | — | ||
| Q3 25 | 36.2% | 9.8% | ||
| Q2 25 | 48.5% | 11.7% | ||
| Q3 24 | — | 20.9% | ||
| Q2 24 | — | 19.7% |
| Q4 25 | 29.3% | — | ||
| Q3 25 | 34.2% | 7.5% | ||
| Q2 25 | 49.6% | 9.5% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 12.1% |
| Q4 25 | — | — | ||
| Q3 25 | $2.14 | $0.35 | ||
| Q2 25 | $3.67 | $0.42 | ||
| Q3 24 | — | $0.81 | ||
| Q2 24 | — | $0.57 |
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 | $264.2M |
| Total DebtLower is stronger | $2.7B | $1.1B |
| Stockholders' EquityBook value | $984.1M | $3.0B |
| Total Assets | $6.2B | $5.3B |
| Debt / EquityLower = less leverage | 2.76× | 0.39× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.7M | — | ||
| Q3 25 | — | $264.2M | ||
| Q2 25 | $23.7M | $198.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | $984.1M | — | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | $727.7M | $3.0B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.0B |
| Q4 25 | $6.2B | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | $5.7B | $5.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | 2.76× | — | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.38× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $464.6M | $138.6M |
| Free Cash FlowOCF − Capex | $280.0M | $126.6M |
| FCF MarginFCF / Revenue | 42.0% | 23.9% |
| Capex IntensityCapex / Revenue | 27.7% | 2.3% |
| Cash ConversionOCF / Net Profit | 2.38× | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $464.6M | — | ||
| Q3 25 | — | $138.6M | ||
| Q2 25 | $264.1M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | $280.0M | — | ||
| Q3 25 | — | $126.6M | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | 42.0% | — | ||
| Q3 25 | — | 23.9% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | 27.7% | — | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q4 25 | 2.38× | — | ||
| Q3 25 | — | 3.47× | ||
| Q2 25 | 0.89× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEC
Segment breakdown not available.
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
