vs
Side-by-side financial comparison of Diversified Energy Co (DEC) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
Diversified Energy Co is the larger business by last-quarter revenue ($666.5M vs $490.7M, roughly 1.4× OLYMPIC STEEL INC). Diversified Energy Co runs the higher net margin — 29.3% vs 0.4%, a 28.9% gap on every dollar of revenue. Diversified Energy Co produced more free cash flow last quarter ($280.0M vs $-12.9M).
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.
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
DEC vs ZEUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $666.5M | $490.7M |
| Net Profit | $195.5M | $2.2M |
| Gross Margin | — | — |
| Operating Margin | 37.6% | 1.5% |
| Net Margin | 29.3% | 0.4% |
| Revenue YoY | — | 4.4% |
| Net Profit YoY | — | -21.2% |
| EPS (diluted) | — | $0.18 |
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 | — | ||
| Q3 25 | $499.8M | $490.7M | ||
| Q2 25 | $600.3M | $496.5M | ||
| Q1 25 | — | $492.9M | ||
| Q4 24 | — | $418.8M | ||
| Q3 24 | — | $470.0M | ||
| Q2 24 | — | $526.3M | ||
| Q1 24 | — | $526.6M |
| Q4 25 | $195.5M | — | ||
| Q3 25 | $171.1M | $2.2M | ||
| Q2 25 | $297.7M | $5.2M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $2.7M | ||
| Q2 24 | — | $7.7M | ||
| Q1 24 | — | $8.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 37.6% | — | ||
| Q3 25 | 36.2% | 1.5% | ||
| Q2 25 | 48.5% | 2.3% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 3.0% |
| Q4 25 | 29.3% | — | ||
| Q3 25 | 34.2% | 0.4% | ||
| Q2 25 | 49.6% | 1.1% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | — | — | ||
| Q3 25 | $2.14 | $0.18 | ||
| Q2 25 | $3.67 | $0.45 | ||
| Q1 25 | — | $0.21 | ||
| Q4 24 | — | $0.33 | ||
| Q3 24 | — | $0.23 | ||
| Q2 24 | — | $0.66 | ||
| Q1 24 | — | $0.75 |
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 | $7.5M |
| Total DebtLower is stronger | $2.7B | $240.9M |
| Stockholders' EquityBook value | $984.1M | $579.1M |
| Total Assets | $6.2B | $1.1B |
| Debt / EquityLower = less leverage | 2.76× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.7M | — | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | $23.7M | $14.8M | ||
| Q1 25 | — | $13.3M | ||
| Q4 24 | — | $11.9M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | — | $9.4M | ||
| Q1 24 | — | $10.3M |
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $233.2M | ||
| Q1 25 | — | $235.4M | ||
| Q4 24 | — | $272.5M | ||
| Q3 24 | — | $197.3M | ||
| Q2 24 | — | $209.2M | ||
| Q1 24 | — | $196.8M |
| Q4 25 | $984.1M | — | ||
| Q3 25 | — | $579.1M | ||
| Q2 25 | $727.7M | $578.2M | ||
| Q1 25 | — | $574.2M | ||
| Q4 24 | — | $573.9M | ||
| Q3 24 | — | $570.6M | ||
| Q2 24 | — | $569.5M | ||
| Q1 24 | — | $563.0M |
| Q4 25 | $6.2B | — | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $5.7B | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $1.0B |
| Q4 25 | 2.76× | — | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.35× |
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 | $-5.4M |
| Free Cash FlowOCF − Capex | $280.0M | $-12.9M |
| FCF MarginFCF / Revenue | 42.0% | -2.6% |
| Capex IntensityCapex / Revenue | 27.7% | 1.5% |
| Cash ConversionOCF / Net Profit | 2.38× | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $464.6M | — | ||
| Q3 25 | — | $-5.4M | ||
| Q2 25 | $264.1M | $15.5M | ||
| Q1 25 | — | $49.4M | ||
| Q4 24 | — | $14.6M | ||
| Q3 24 | — | $24.6M | ||
| Q2 24 | — | $-2.9M | ||
| Q1 24 | — | $-2.6M |
| Q4 25 | $280.0M | — | ||
| Q3 25 | — | $-12.9M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $40.6M | ||
| Q4 24 | — | $7.4M | ||
| Q3 24 | — | $15.6M | ||
| Q2 24 | — | $-11.3M | ||
| Q1 24 | — | $-7.4M |
| Q4 25 | 42.0% | — | ||
| Q3 25 | — | -2.6% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | — | -2.2% | ||
| Q1 24 | — | -1.4% |
| Q4 25 | 27.7% | — | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | 2.38× | — | ||
| Q3 25 | — | -2.50× | ||
| Q2 25 | 0.89× | 2.96× | ||
| Q1 25 | — | 19.70× | ||
| Q4 24 | — | 3.75× | ||
| Q3 24 | — | 9.01× | ||
| Q2 24 | — | -0.38× | ||
| Q1 24 | — | -0.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DEC
Segment breakdown not available.
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |
