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Side-by-side financial comparison of Diversified Energy Co (DEC) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
Sinclair, Inc. is the larger business by last-quarter revenue ($836.0M vs $666.5M, roughly 1.3× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs 13.0%, a 16.3% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $79.0M).
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.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
DEC vs SBGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $666.5M | $836.0M |
| Net Profit | $195.5M | $109.0M |
| Gross Margin | — | — |
| Operating Margin | 37.6% | 9.6% |
| Net Margin | 29.3% | 13.0% |
| Revenue YoY | — | -16.7% |
| Net Profit YoY | — | -38.1% |
| EPS (diluted) | — | $1.62 |
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 | $836.0M | ||
| Q3 25 | $499.8M | $773.0M | ||
| Q2 25 | $600.3M | $784.0M | ||
| Q1 25 | — | $776.0M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $917.0M | ||
| Q2 24 | — | $829.0M | ||
| Q1 24 | — | $798.0M |
| Q4 25 | $195.5M | $109.0M | ||
| Q3 25 | $171.1M | $-1.0M | ||
| Q2 25 | $297.7M | $-64.0M | ||
| Q1 25 | — | $-156.0M | ||
| Q4 24 | — | $176.0M | ||
| Q3 24 | — | $94.0M | ||
| Q2 24 | — | $17.0M | ||
| Q1 24 | — | $23.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 37.6% | 9.6% | ||
| Q3 25 | 36.2% | 7.5% | ||
| Q2 25 | 48.5% | 2.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 26.5% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 5.3% |
| Q4 25 | 29.3% | 13.0% | ||
| Q3 25 | 34.2% | -0.1% | ||
| Q2 25 | 49.6% | -8.2% | ||
| Q1 25 | — | -20.1% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 2.9% |
| Q4 25 | — | $1.62 | ||
| Q3 25 | $2.14 | $-0.02 | ||
| Q2 25 | $3.67 | $-0.91 | ||
| Q1 25 | — | $-2.30 | ||
| Q4 24 | — | $2.64 | ||
| Q3 24 | — | $1.43 | ||
| Q2 24 | — | $0.27 | ||
| Q1 24 | — | $0.35 |
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 | $866.0M |
| Total DebtLower is stronger | $2.7B | $4.4B |
| Stockholders' EquityBook value | $984.1M | $443.0M |
| Total Assets | $6.2B | $5.9B |
| Debt / EquityLower = less leverage | 2.76× | 9.84× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.7M | $866.0M | ||
| Q3 25 | — | $526.0M | ||
| Q2 25 | $23.7M | $616.0M | ||
| Q1 25 | — | $631.0M | ||
| Q4 24 | — | $697.0M | ||
| Q3 24 | — | $536.0M | ||
| Q2 24 | — | $378.0M | ||
| Q1 24 | — | $655.0M |
| Q4 25 | $2.7B | $4.4B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.1B |
| Q4 25 | $984.1M | $443.0M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | $727.7M | $361.0M | ||
| Q1 25 | — | $436.0M | ||
| Q4 24 | — | $583.0M | ||
| Q3 24 | — | $415.0M | ||
| Q2 24 | — | $340.0M | ||
| Q1 24 | — | $333.0M |
| Q4 25 | $6.2B | $5.9B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | $5.7B | $5.7B | ||
| Q1 25 | — | $5.8B | ||
| Q4 24 | — | $5.9B | ||
| Q3 24 | — | $5.8B | ||
| Q2 24 | — | $5.7B | ||
| Q1 24 | — | $6.0B |
| Q4 25 | 2.76× | 9.84× | ||
| Q3 25 | — | 11.75× | ||
| Q2 25 | — | 11.30× | ||
| Q1 25 | — | 9.56× | ||
| Q4 24 | — | 7.02× | ||
| Q3 24 | — | 9.86× | ||
| Q2 24 | — | 12.08× | ||
| Q1 24 | — | 12.35× |
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 | $98.0M |
| Free Cash FlowOCF − Capex | $280.0M | $79.0M |
| FCF MarginFCF / Revenue | 42.0% | 9.4% |
| Capex IntensityCapex / Revenue | 27.7% | 2.3% |
| Cash ConversionOCF / Net Profit | 2.38× | 0.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $115.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $464.6M | $98.0M | ||
| Q3 25 | — | $-36.0M | ||
| Q2 25 | $264.1M | $122.0M | ||
| Q1 25 | — | $5.0M | ||
| Q4 24 | — | $198.0M | ||
| Q3 24 | — | $210.0M | ||
| Q2 24 | — | $-306.0M | ||
| Q1 24 | — | $-4.0M |
| Q4 25 | $280.0M | $79.0M | ||
| Q3 25 | — | $-58.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | — | $175.0M | ||
| Q3 24 | — | $193.0M | ||
| Q2 24 | — | $-329.0M | ||
| Q1 24 | — | $-25.0M |
| Q4 25 | 42.0% | 9.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | -39.7% | ||
| Q1 24 | — | -3.1% |
| Q4 25 | 27.7% | 2.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 2.6% |
| Q4 25 | 2.38× | 0.90× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | — | -18.00× | ||
| Q1 24 | — | -0.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEC
Segment breakdown not available.
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
