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

StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $666.5M, roughly 1.8× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs 11.6%, a 17.7% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $-1.3B).

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.

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

DEC vs SNEX — Head-to-Head

Bigger by revenue
SNEX
SNEX
1.8× larger
SNEX
$1.2B
$666.5M
DEC
Higher net margin
DEC
DEC
17.7% more per $
DEC
29.3%
11.6%
SNEX
More free cash flow
DEC
DEC
$1.6B more FCF
DEC
$280.0M
$-1.3B
SNEX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DEC
DEC
SNEX
SNEX
Revenue
$666.5M
$1.2B
Net Profit
$195.5M
$139.0M
Gross Margin
Operating Margin
37.6%
15.4%
Net Margin
29.3%
11.6%
Revenue YoY
81.0%
Net Profit YoY
63.3%
EPS (diluted)
$2.50

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
SNEX
SNEX
Q4 25
$666.5M
$1.2B
Q3 25
$499.8M
$32.7B
Q2 25
$600.3M
$851.2M
Q1 25
$820.4M
Q4 24
$663.1M
Q3 24
$31.1B
Q2 24
$571.8M
Q1 24
$509.2M
Net Profit
DEC
DEC
SNEX
SNEX
Q4 25
$195.5M
$139.0M
Q3 25
$171.1M
$85.7M
Q2 25
$297.7M
$63.4M
Q1 25
$71.7M
Q4 24
$85.1M
Q3 24
$76.7M
Q2 24
$61.9M
Q1 24
$53.1M
Gross Margin
DEC
DEC
SNEX
SNEX
Q4 25
Q3 25
3.7%
Q2 25
44.7%
Q1 25
Q4 24
Q3 24
3.0%
Q2 24
Q1 24
Operating Margin
DEC
DEC
SNEX
SNEX
Q4 25
37.6%
15.4%
Q3 25
36.2%
0.3%
Q2 25
48.5%
-1.3%
Q1 25
-1.0%
Q4 24
-3.2%
Q3 24
-0.0%
Q2 24
-4.7%
Q1 24
-2.5%
Net Margin
DEC
DEC
SNEX
SNEX
Q4 25
29.3%
11.6%
Q3 25
34.2%
0.3%
Q2 25
49.6%
7.4%
Q1 25
8.7%
Q4 24
12.8%
Q3 24
0.2%
Q2 24
10.8%
Q1 24
10.4%
EPS (diluted)
DEC
DEC
SNEX
SNEX
Q4 25
$2.50
Q3 25
$2.14
$0.72
Q2 25
$3.67
$1.22
Q1 25
$1.41
Q4 24
$1.69
Q3 24
$2.32
Q2 24
$1.25
Q1 24
$1.09

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
SNEX
SNEX
Cash + ST InvestmentsLiquidity on hand
$29.7M
$1.6B
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$2.5B
Total Assets
$6.2B
$47.8B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
SNEX
SNEX
Q4 25
$29.7M
$1.6B
Q3 25
$1.6B
Q2 25
$23.7M
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.3B
Total Debt
DEC
DEC
SNEX
SNEX
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DEC
DEC
SNEX
SNEX
Q4 25
$984.1M
$2.5B
Q3 25
$2.4B
Q2 25
$727.7M
$2.0B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.7B
Q2 24
$1.6B
Q1 24
$1.5B
Total Assets
DEC
DEC
SNEX
SNEX
Q4 25
$6.2B
$47.8B
Q3 25
$45.3B
Q2 25
$5.7B
$34.3B
Q1 25
$31.3B
Q4 24
$29.6B
Q3 24
$27.5B
Q2 24
$25.9B
Q1 24
$25.7B
Debt / Equity
DEC
DEC
SNEX
SNEX
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
SNEX
SNEX
Operating Cash FlowLast quarter
$464.6M
$-1.3B
Free Cash FlowOCF − Capex
$280.0M
$-1.3B
FCF MarginFCF / Revenue
42.0%
-106.4%
Capex IntensityCapex / Revenue
27.7%
1.3%
Cash ConversionOCF / Net Profit
2.38×
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DEC
DEC
SNEX
SNEX
Q4 25
$464.6M
$-1.3B
Q3 25
$3.5B
Q2 25
$264.1M
$1.5B
Q1 25
$-154.5M
Q4 24
$-477.8M
Q3 24
$192.6M
Q2 24
$-622.1M
Q1 24
$784.0M
Free Cash Flow
DEC
DEC
SNEX
SNEX
Q4 25
$280.0M
$-1.3B
Q3 25
$3.5B
Q2 25
$1.5B
Q1 25
$-169.8M
Q4 24
$-491.4M
Q3 24
$175.9M
Q2 24
$-640.5M
Q1 24
$766.6M
FCF Margin
DEC
DEC
SNEX
SNEX
Q4 25
42.0%
-106.4%
Q3 25
10.7%
Q2 25
173.3%
Q1 25
-20.7%
Q4 24
-74.1%
Q3 24
0.6%
Q2 24
-112.0%
Q1 24
150.5%
Capex Intensity
DEC
DEC
SNEX
SNEX
Q4 25
27.7%
1.3%
Q3 25
0.1%
Q2 25
1.9%
Q1 25
1.9%
Q4 24
2.1%
Q3 24
0.1%
Q2 24
3.2%
Q1 24
3.4%
Cash Conversion
DEC
DEC
SNEX
SNEX
Q4 25
2.38×
-9.08×
Q3 25
41.18×
Q2 25
0.89×
23.52×
Q1 25
-2.15×
Q4 24
-5.61×
Q3 24
2.51×
Q2 24
-10.05×
Q1 24
14.76×

Financial Flow Comparison

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

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