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

Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $661.7M, roughly 1.0× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 29.3%, a 4.8% 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.

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

DEC vs SSB — Head-to-Head

Bigger by revenue
DEC
DEC
1.0× larger
DEC
$666.5M
$661.7M
SSB
Higher net margin
SSB
SSB
4.8% more per $
SSB
34.1%
29.3%
DEC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DEC
DEC
SSB
SSB
Revenue
$666.5M
$661.7M
Net Profit
$195.5M
$225.8M
Gross Margin
Operating Margin
37.6%
15.1%
Net Margin
29.3%
34.1%
Revenue YoY
Net Profit YoY
153.5%
EPS (diluted)
$2.28

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
SSB
SSB
Q1 26
$661.7M
Q4 25
$666.5M
$581.1M
Q3 25
$499.8M
$599.7M
Q2 25
$600.3M
$577.9M
Q1 25
$544.5M
Q4 24
$369.8M
Q3 24
$351.5M
Q2 24
$350.3M
Net Profit
DEC
DEC
SSB
SSB
Q1 26
$225.8M
Q4 25
$195.5M
$247.7M
Q3 25
$171.1M
$246.6M
Q2 25
$297.7M
$215.2M
Q1 25
$89.1M
Q4 24
$144.2M
Q3 24
$143.2M
Q2 24
$132.4M
Gross Margin
DEC
DEC
SSB
SSB
Q1 26
Q4 25
Q3 25
Q2 25
44.7%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
DEC
DEC
SSB
SSB
Q1 26
15.1%
Q4 25
37.6%
54.3%
Q3 25
36.2%
53.6%
Q2 25
48.5%
48.8%
Q1 25
22.3%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.3%
Net Margin
DEC
DEC
SSB
SSB
Q1 26
34.1%
Q4 25
29.3%
42.6%
Q3 25
34.2%
41.1%
Q2 25
49.6%
37.2%
Q1 25
16.4%
Q4 24
39.0%
Q3 24
40.7%
Q2 24
37.8%
EPS (diluted)
DEC
DEC
SSB
SSB
Q1 26
$2.28
Q4 25
$2.47
Q3 25
$2.14
$2.42
Q2 25
$3.67
$2.11
Q1 25
$0.87
Q4 24
$1.88
Q3 24
$1.86
Q2 24
$1.73

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
SSB
SSB
Cash + ST InvestmentsLiquidity on hand
$29.7M
$2.9B
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
$9.0B
Total Assets
$6.2B
$68.0B
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
SSB
SSB
Q1 26
$2.9B
Q4 25
$29.7M
Q3 25
Q2 25
$23.7M
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
DEC
DEC
SSB
SSB
Q1 26
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
DEC
DEC
SSB
SSB
Q1 26
$9.0B
Q4 25
$984.1M
$9.1B
Q3 25
$9.0B
Q2 25
$727.7M
$8.8B
Q1 25
$8.6B
Q4 24
$5.9B
Q3 24
$5.9B
Q2 24
$5.7B
Total Assets
DEC
DEC
SSB
SSB
Q1 26
$68.0B
Q4 25
$6.2B
$67.2B
Q3 25
$66.0B
Q2 25
$5.7B
$65.9B
Q1 25
$65.1B
Q4 24
$46.4B
Q3 24
$46.1B
Q2 24
$45.5B
Debt / Equity
DEC
DEC
SSB
SSB
Q1 26
Q4 25
2.76×
Q3 25
Q2 25
Q1 25
Q4 24
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
DEC
DEC
SSB
SSB
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
SSB
SSB
Q1 26
Q4 25
$464.6M
$232.1M
Q3 25
$122.4M
Q2 25
$264.1M
$72.6M
Q1 25
$-126.3M
Q4 24
$354.3M
Q3 24
$-246.8M
Q2 24
$126.8M
Free Cash Flow
DEC
DEC
SSB
SSB
Q1 26
Q4 25
$280.0M
$215.5M
Q3 25
$101.7M
Q2 25
$52.5M
Q1 25
$-139.1M
Q4 24
$340.9M
Q3 24
$-254.2M
Q2 24
$117.3M
FCF Margin
DEC
DEC
SSB
SSB
Q1 26
Q4 25
42.0%
37.1%
Q3 25
17.0%
Q2 25
9.1%
Q1 25
-25.5%
Q4 24
92.2%
Q3 24
-72.3%
Q2 24
33.5%
Capex Intensity
DEC
DEC
SSB
SSB
Q1 26
Q4 25
27.7%
2.9%
Q3 25
3.5%
Q2 25
3.5%
Q1 25
2.4%
Q4 24
3.6%
Q3 24
2.1%
Q2 24
2.7%
Cash Conversion
DEC
DEC
SSB
SSB
Q1 26
Q4 25
2.38×
0.94×
Q3 25
0.50×
Q2 25
0.89×
0.34×
Q1 25
-1.42×
Q4 24
2.46×
Q3 24
-1.72×
Q2 24
0.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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