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Side-by-side financial comparison of DTE Energy (DTE) and DaVita (DVA). Click either name above to swap in a different company.
DTE Energy is the larger business by last-quarter revenue ($4.4B vs $3.6B, roughly 1.2× DaVita). DTE Energy runs the higher net margin — 8.3% vs 6.5%, a 1.9% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% vs 12.3%). Over the past eight quarters, DTE Energy's revenue compounded faster (16.9% CAGR vs 6.6%).
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.
DaVita Inc. is an American company that provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis, often 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation.
DTE vs DVA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $3.6B |
| Net Profit | $369.0M | $234.2M |
| Gross Margin | — | — |
| Operating Margin | 15.9% | 15.5% |
| Net Margin | 8.3% | 6.5% |
| Revenue YoY | 28.9% | 12.3% |
| Net Profit YoY | 26.4% | 43.8% |
| EPS (diluted) | $1.78 | $3.22 |
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.
| Q1 26 | — | $3.6B | ||
| Q4 25 | $4.4B | $3.6B | ||
| Q3 25 | $3.5B | $3.4B | ||
| Q2 25 | $3.4B | $3.4B | ||
| Q1 25 | $4.4B | $3.2B | ||
| Q4 24 | $3.4B | $3.3B | ||
| Q3 24 | $2.9B | $3.3B | ||
| Q2 24 | $2.9B | $3.2B |
| Q1 26 | — | $234.2M | ||
| Q4 25 | $369.0M | $234.2M | ||
| Q3 25 | $419.0M | $150.3M | ||
| Q2 25 | $229.0M | $199.3M | ||
| Q1 25 | $445.0M | $162.9M | ||
| Q4 24 | $292.0M | $259.3M | ||
| Q3 24 | $477.0M | $214.7M | ||
| Q2 24 | $322.0M | $222.7M |
| Q1 26 | — | 15.5% | ||
| Q4 25 | 15.9% | 15.5% | ||
| Q3 25 | 17.6% | 14.8% | ||
| Q2 25 | 12.5% | 15.9% | ||
| Q1 25 | 14.1% | 13.6% | ||
| Q4 24 | 16.2% | 17.2% | ||
| Q3 24 | 17.8% | 16.4% | ||
| Q2 24 | 17.5% | 15.9% |
| Q1 26 | — | 6.5% | ||
| Q4 25 | 8.3% | 6.5% | ||
| Q3 25 | 11.9% | 4.4% | ||
| Q2 25 | 6.7% | 5.9% | ||
| Q1 25 | 10.0% | 5.1% | ||
| Q4 24 | 8.5% | 7.9% | ||
| Q3 24 | 16.4% | 6.6% | ||
| Q2 24 | 11.2% | 7.0% |
| Q1 26 | — | $3.22 | ||
| Q4 25 | $1.78 | $3.22 | ||
| Q3 25 | $2.01 | $2.04 | ||
| Q2 25 | $1.10 | $2.58 | ||
| Q1 25 | $2.14 | $2.00 | ||
| Q4 24 | $1.41 | $3.08 | ||
| Q3 24 | $2.30 | $2.50 | ||
| Q2 24 | $1.55 | $2.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $208.0M | $700.7M |
| Total DebtLower is stronger | $23.8B | $10.2B |
| Stockholders' EquityBook value | $12.3B | $-651.1M |
| Total Assets | $54.1B | $17.5B |
| Debt / EquityLower = less leverage | 1.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $700.7M | ||
| Q4 25 | $208.0M | $700.7M | ||
| Q3 25 | $34.0M | $736.5M | ||
| Q2 25 | $32.0M | $739.4M | ||
| Q1 25 | $33.0M | $511.9M | ||
| Q4 24 | $24.0M | $846.0M | ||
| Q3 24 | $969.0M | $1.1B | ||
| Q2 24 | $20.0M | $437.2M |
| Q1 26 | — | $10.2B | ||
| Q4 25 | $23.8B | $10.2B | ||
| Q3 25 | $24.5B | $10.2B | ||
| Q2 25 | $22.9B | $10.1B | ||
| Q1 25 | $21.8B | $9.6B | ||
| Q4 24 | $20.7B | $9.2B | ||
| Q3 24 | $20.5B | $9.3B | ||
| Q2 24 | $19.3B | $8.5B |
| Q1 26 | — | $-651.1M | ||
| Q4 25 | $12.3B | $-651.1M | ||
| Q3 25 | $12.2B | $-571.9M | ||
| Q2 25 | $11.7B | $-369.6M | ||
| Q1 25 | $11.9B | $-267.1M | ||
| Q4 24 | $11.7B | $121.1M | ||
| Q3 24 | $11.6B | $386.7M | ||
| Q2 24 | $11.1B | $632.9M |
| Q1 26 | — | $17.5B | ||
| Q4 25 | $54.1B | $17.5B | ||
| Q3 25 | $52.0B | $17.6B | ||
| Q2 25 | $50.2B | $17.5B | ||
| Q1 25 | $49.6B | $17.1B | ||
| Q4 24 | $48.8B | $17.3B | ||
| Q3 24 | $49.8B | $17.5B | ||
| Q2 24 | $47.8B | $17.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.93× | — | ||
| Q3 25 | 2.01× | — | ||
| Q2 25 | 1.96× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.77× | 75.76× | ||
| Q3 24 | 1.76× | 23.95× | ||
| Q2 24 | 1.74× | 13.35× |
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 | $1.0B | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 2.84× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $540.7M | ||
| Q3 25 | $632.0M | $841.5M | ||
| Q2 25 | $709.0M | $324.2M | ||
| Q1 25 | $1.0B | $180.0M | ||
| Q4 24 | $1.1B | $547.6M | ||
| Q3 24 | $758.0M | $810.4M | ||
| Q2 24 | $759.0M | $798.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $395.3M | ||
| Q3 25 | — | $675.4M | ||
| Q2 25 | — | $203.1M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | $377.0M | ||
| Q3 24 | — | $671.4M | ||
| Q2 24 | — | $674.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 19.7% | ||
| Q2 25 | — | 6.0% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 21.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.0% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | — | 4.3% | ||
| Q2 24 | — | 3.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.84× | 2.31× | ||
| Q3 25 | 1.51× | 5.60× | ||
| Q2 25 | 3.10× | 1.63× | ||
| Q1 25 | 2.29× | 1.10× | ||
| Q4 24 | 3.71× | 2.11× | ||
| Q3 24 | 1.59× | 3.77× | ||
| Q2 24 | 2.36× | 3.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DTE
| Electric Segment | $1.8B | 40% |
| Residential | $723.0M | 16% |
| Gas Segment | $651.0M | 15% |
| Commercial | $524.0M | 12% |
| Other | $333.0M | 8% |
| DTE Vantage Segment | $176.0M | 4% |
| Industrial | $159.0M | 4% |
| End User Transportation | $69.0M | 2% |
| Intermediate Transportation | $25.0M | 1% |
DVA
Segment breakdown not available.
