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Side-by-side financial comparison of Diversified Energy Co (DEC) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.

VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $666.5M, roughly 1.1× Diversified Energy Co). Diversified Energy Co runs the higher net margin — 29.3% vs -2.8%, a 32.1% 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.

VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.

DEC vs VFS — Head-to-Head

Bigger by revenue
VFS
VFS
1.1× larger
VFS
$718.6M
$666.5M
DEC
Higher net margin
DEC
DEC
32.1% more per $
DEC
29.3%
-2.8%
VFS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DEC
DEC
VFS
VFS
Revenue
$666.5M
$718.6M
Net Profit
$195.5M
$-20.0M
Gross Margin
Operating Margin
37.6%
-96.1%
Net Margin
29.3%
-2.8%
Revenue YoY
Net Profit YoY
EPS (diluted)

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
VFS
VFS
Q4 25
$666.5M
Q3 25
$499.8M
$718.6M
Q2 25
$600.3M
$663.0M
Q1 25
$656.5M
Q3 24
$511.6M
Q1 24
$302.6M
Net Profit
DEC
DEC
VFS
VFS
Q4 25
$195.5M
Q3 25
$171.1M
$-20.0M
Q2 25
$297.7M
$-51.8M
Q1 25
$-26.1M
Q3 24
$-10.4M
Q1 24
$-618.3M
Gross Margin
DEC
DEC
VFS
VFS
Q4 25
Q3 25
Q2 25
44.7%
Q1 25
Q3 24
Q1 24
Operating Margin
DEC
DEC
VFS
VFS
Q4 25
37.6%
Q3 25
36.2%
-96.1%
Q2 25
48.5%
-79.0%
Q1 25
-74.0%
Q3 24
-65.9%
Q1 24
-139.4%
Net Margin
DEC
DEC
VFS
VFS
Q4 25
29.3%
Q3 25
34.2%
-2.8%
Q2 25
49.6%
-7.8%
Q1 25
-4.0%
Q3 24
-2.0%
Q1 24
-204.3%
EPS (diluted)
DEC
DEC
VFS
VFS
Q4 25
Q3 25
$2.14
Q2 25
$3.67
Q1 25
Q3 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
DEC
DEC
VFS
VFS
Cash + ST InvestmentsLiquidity on hand
$29.7M
$8.8M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$984.1M
Total Assets
$6.2B
$183.2M
Debt / EquityLower = less leverage
2.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEC
DEC
VFS
VFS
Q4 25
$29.7M
Q3 25
$8.8M
Q2 25
$23.7M
$650.0M
Q1 25
$2.4M
Q3 24
$1.9M
Q1 24
$3.0M
Total Debt
DEC
DEC
VFS
VFS
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
Stockholders' Equity
DEC
DEC
VFS
VFS
Q4 25
$984.1M
Q3 25
Q2 25
$727.7M
$-7.2B
Q1 25
Q3 24
Q1 24
Total Assets
DEC
DEC
VFS
VFS
Q4 25
$6.2B
Q3 25
$183.2M
Q2 25
$5.7B
$7.2B
Q1 25
$158.2M
Q3 24
$151.8M
Q1 24
$145.6M
Debt / Equity
DEC
DEC
VFS
VFS
Q4 25
2.76×
Q3 25
Q2 25
Q1 25
Q3 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
VFS
VFS
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
VFS
VFS
Q4 25
$464.6M
Q3 25
Q2 25
$264.1M
Q1 25
Q3 24
Q1 24
Free Cash Flow
DEC
DEC
VFS
VFS
Q4 25
$280.0M
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
FCF Margin
DEC
DEC
VFS
VFS
Q4 25
42.0%
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
Capex Intensity
DEC
DEC
VFS
VFS
Q4 25
27.7%
Q3 25
Q2 25
Q1 25
Q3 24
Q1 24
Cash Conversion
DEC
DEC
VFS
VFS
Q4 25
2.38×
Q3 25
Q2 25
0.89×
Q1 25
Q3 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DEC
DEC

Segment breakdown not available.

VFS
VFS

Sales of vehicles$662.9M92%
Sales of spare parts and components$41.3M6%
Revenue from leasing activities$12.3M2%
Finance income$2.4M0%
Rendering of services$1.2M0%

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