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

Rithm Capital Corp. is the larger business by last-quarter revenue ($828.2M vs $666.5M, roughly 1.2× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs 13.2%, a 16.1% gap on every dollar of revenue.

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.

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

DEC vs RITM — Head-to-Head

Bigger by revenue
RITM
RITM
1.2× larger
RITM
$828.2M
$666.5M
DEC
Higher net margin
DEC
DEC
16.1% more per $
DEC
29.3%
13.2%
RITM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DEC
DEC
RITM
RITM
Revenue
$666.5M
$828.2M
Net Profit
$195.5M
$109.5M
Gross Margin
Operating Margin
37.6%
29.9%
Net Margin
29.3%
13.2%
Revenue YoY
508.5%
Net Profit YoY
27.7%
EPS (diluted)
$0.12

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
RITM
RITM
Q1 26
$828.2M
Q4 25
$666.5M
$1.5B
Q3 25
$499.8M
$1.1B
Q2 25
$600.3M
$1.2B
Q1 25
$768.4M
Q4 24
$2.1B
Q3 24
$619.5M
Q2 24
$1.2B
Net Profit
DEC
DEC
RITM
RITM
Q1 26
$109.5M
Q4 25
$195.5M
$85.0M
Q3 25
$171.1M
$221.5M
Q2 25
$297.7M
$311.7M
Q1 25
$78.8M
Q4 24
$290.2M
Q3 24
$121.7M
Q2 24
$235.6M
Gross Margin
DEC
DEC
RITM
RITM
Q1 26
Q4 25
Q3 25
Q2 25
44.7%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
DEC
DEC
RITM
RITM
Q1 26
29.9%
Q4 25
37.6%
13.8%
Q3 25
36.2%
21.4%
Q2 25
48.5%
25.2%
Q1 25
7.4%
Q4 24
23.8%
Q3 24
7.3%
Q2 24
23.6%
Net Margin
DEC
DEC
RITM
RITM
Q1 26
13.2%
Q4 25
29.3%
5.7%
Q3 25
34.2%
20.0%
Q2 25
49.6%
25.6%
Q1 25
10.3%
Q4 24
14.0%
Q3 24
19.7%
Q2 24
19.2%
EPS (diluted)
DEC
DEC
RITM
RITM
Q1 26
$0.12
Q4 25
$0.09
Q3 25
$2.14
$0.35
Q2 25
$3.67
$0.53
Q1 25
$0.07
Q4 24
$0.50
Q3 24
$0.20
Q2 24
$0.43

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
RITM
RITM
Cash + ST InvestmentsLiquidity on hand
$29.7M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$9.1B
Total Assets
$6.2B
$53.4B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
RITM
RITM
Q1 26
Q4 25
$29.7M
$1.8B
Q3 25
$1.6B
Q2 25
$23.7M
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.6B
Q2 24
$1.2B
Total Debt
DEC
DEC
RITM
RITM
Q1 26
Q4 25
$2.7B
$35.4B
Q3 25
$32.2B
Q2 25
$31.2B
Q1 25
$32.2B
Q4 24
$32.6B
Q3 24
$29.6B
Q2 24
$30.1B
Stockholders' Equity
DEC
DEC
RITM
RITM
Q1 26
$9.1B
Q4 25
$984.1M
$8.4B
Q3 25
$8.5B
Q2 25
$727.7M
$7.9B
Q1 25
$7.8B
Q4 24
$7.8B
Q3 24
$7.7B
Q2 24
$7.3B
Total Assets
DEC
DEC
RITM
RITM
Q1 26
$53.4B
Q4 25
$6.2B
$53.1B
Q3 25
$47.2B
Q2 25
$5.7B
$44.3B
Q1 25
$45.3B
Q4 24
$46.0B
Q3 24
$42.3B
Q2 24
$42.0B
Debt / Equity
DEC
DEC
RITM
RITM
Q1 26
Q4 25
2.76×
4.20×
Q3 25
3.79×
Q2 25
3.92×
Q1 25
4.14×
Q4 24
4.18×
Q3 24
3.87×
Q2 24
4.10×

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
RITM
RITM
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
RITM
RITM
Q1 26
Q4 25
$464.6M
$-114.6M
Q3 25
$-2.0B
Q2 25
$264.1M
$-557.1M
Q1 25
$1.4B
Q4 24
$-1.8B
Q3 24
$768.1M
Q2 24
$-55.7M
Free Cash Flow
DEC
DEC
RITM
RITM
Q1 26
Q4 25
$280.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
DEC
DEC
RITM
RITM
Q1 26
Q4 25
42.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
DEC
DEC
RITM
RITM
Q1 26
Q4 25
27.7%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
DEC
DEC
RITM
RITM
Q1 26
Q4 25
2.38×
-1.35×
Q3 25
-9.22×
Q2 25
0.89×
-1.79×
Q1 25
18.03×
Q4 24
-6.04×
Q3 24
6.31×
Q2 24
-0.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

RITM
RITM

Servicing revenue, net$375.1M45%
Other$234.9M28%
Gain on originated residential mortgage loans, held-for-sale, net$195.0M24%
Other revenue$23.3M3%

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