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Side-by-side financial comparison of DTE Energy (DTE) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.

Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $4.4B, roughly 1.1× DTE Energy). DTE Energy runs the higher net margin — 8.3% vs 0.2%, a 8.1% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% vs 24.9%). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs 16.9%).

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.

Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.

DTE vs FLUT — Head-to-Head

Bigger by revenue
FLUT
FLUT
1.1× larger
FLUT
$4.7B
$4.4B
DTE
Growing faster (revenue YoY)
DTE
DTE
+3.9% gap
DTE
28.9%
24.9%
FLUT
Higher net margin
DTE
DTE
8.1% more per $
DTE
8.3%
0.2%
FLUT
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
16.9%
DTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DTE
DTE
FLUT
FLUT
Revenue
$4.4B
$4.7B
Net Profit
$369.0M
$10.0M
Gross Margin
44.5%
Operating Margin
15.9%
5.4%
Net Margin
8.3%
0.2%
Revenue YoY
28.9%
24.9%
Net Profit YoY
26.4%
-93.6%
EPS (diluted)
$1.78
$0.00

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
DTE
DTE
FLUT
FLUT
Q4 25
$4.4B
$4.7B
Q3 25
$3.5B
$3.8B
Q2 25
$3.4B
$4.2B
Q1 25
$4.4B
$3.7B
Q4 24
$3.4B
$3.8B
Q3 24
$2.9B
$3.2B
Q2 24
$2.9B
$3.6B
Q1 24
$3.2B
$3.4B
Net Profit
DTE
DTE
FLUT
FLUT
Q4 25
$369.0M
$10.0M
Q3 25
$419.0M
$-789.0M
Q2 25
$229.0M
$37.0M
Q1 25
$445.0M
$335.0M
Q4 24
$292.0M
$156.0M
Q3 24
$477.0M
$-114.0M
Q2 24
$322.0M
$297.0M
Q1 24
$313.0M
$-177.0M
Gross Margin
DTE
DTE
FLUT
FLUT
Q4 25
44.5%
Q3 25
42.9%
Q2 25
46.8%
Q1 25
46.6%
Q4 24
48.2%
Q3 24
46.1%
Q2 24
49.2%
Q1 24
47.2%
Operating Margin
DTE
DTE
FLUT
FLUT
Q4 25
15.9%
5.4%
Q3 25
17.6%
-22.0%
Q2 25
12.5%
9.3%
Q1 25
14.1%
6.1%
Q4 24
16.2%
7.4%
Q3 24
17.8%
3.0%
Q2 24
17.5%
10.2%
Q1 24
16.0%
3.7%
Net Margin
DTE
DTE
FLUT
FLUT
Q4 25
8.3%
0.2%
Q3 25
11.9%
-20.8%
Q2 25
6.7%
0.9%
Q1 25
10.0%
9.1%
Q4 24
8.5%
4.1%
Q3 24
16.4%
-3.5%
Q2 24
11.2%
8.2%
Q1 24
9.7%
-5.2%
EPS (diluted)
DTE
DTE
FLUT
FLUT
Q4 25
$1.78
$0.00
Q3 25
$2.01
$-3.91
Q2 25
$1.10
$0.59
Q1 25
$2.14
$1.57
Q4 24
$1.41
$0.47
Q3 24
$2.30
$-0.58
Q2 24
$1.55
$1.45
Q1 24
$1.51
$-1.10

Balance Sheet & Financial Strength

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

Metric
DTE
DTE
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$208.0M
$1.8B
Total DebtLower is stronger
$23.8B
$12.3B
Stockholders' EquityBook value
$12.3B
$9.0B
Total Assets
$54.1B
$29.3B
Debt / EquityLower = less leverage
1.93×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DTE
DTE
FLUT
FLUT
Q4 25
$208.0M
$1.8B
Q3 25
$34.0M
$1.7B
Q2 25
$32.0M
$1.7B
Q1 25
$33.0M
$1.5B
Q4 24
$24.0M
$1.5B
Q3 24
$969.0M
$1.5B
Q2 24
$20.0M
$1.5B
Q1 24
$292.0M
$1.4B
Total Debt
DTE
DTE
FLUT
FLUT
Q4 25
$23.8B
$12.3B
Q3 25
$24.5B
$12.1B
Q2 25
$22.9B
$10.0B
Q1 25
$21.8B
$6.8B
Q4 24
$20.7B
$6.7B
Q3 24
$20.5B
$6.9B
Q2 24
$19.3B
$6.8B
Q1 24
$19.2B
$6.8B
Stockholders' Equity
DTE
DTE
FLUT
FLUT
Q4 25
$12.3B
$9.0B
Q3 25
$12.2B
$9.2B
Q2 25
$11.7B
$10.2B
Q1 25
$11.9B
$9.9B
Q4 24
$11.7B
$9.3B
Q3 24
$11.6B
$10.2B
Q2 24
$11.1B
$9.9B
Q1 24
$11.2B
$9.5B
Total Assets
DTE
DTE
FLUT
FLUT
Q4 25
$54.1B
$29.3B
Q3 25
$52.0B
$29.3B
Q2 25
$50.2B
$29.9B
Q1 25
$49.6B
$24.8B
Q4 24
$48.8B
$24.5B
Q3 24
$49.8B
$25.5B
Q2 24
$47.8B
$24.3B
Q1 24
$45.9B
$24.4B
Debt / Equity
DTE
DTE
FLUT
FLUT
Q4 25
1.93×
1.36×
Q3 25
2.01×
1.31×
Q2 25
1.96×
0.97×
Q1 25
1.83×
0.69×
Q4 24
1.77×
0.72×
Q3 24
1.76×
0.67×
Q2 24
1.74×
0.69×
Q1 24
1.72×
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DTE
DTE
FLUT
FLUT
Operating Cash FlowLast quarter
$1.0B
$428.0M
Free Cash FlowOCF − Capex
$392.0M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
2.84×
42.80×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DTE
DTE
FLUT
FLUT
Q4 25
$1.0B
$428.0M
Q3 25
$632.0M
$209.0M
Q2 25
$709.0M
$359.0M
Q1 25
$1.0B
$188.0M
Q4 24
$1.1B
$652.0M
Q3 24
$758.0M
$290.0M
Q2 24
$759.0M
$323.0M
Q1 24
$1.0B
$337.0M
Free Cash Flow
DTE
DTE
FLUT
FLUT
Q4 25
$392.0M
Q3 25
$196.0M
Q2 25
$322.0M
Q1 25
$169.0M
Q4 24
$595.0M
Q3 24
$253.0M
Q2 24
$295.0M
Q1 24
$315.0M
FCF Margin
DTE
DTE
FLUT
FLUT
Q4 25
8.3%
Q3 25
5.2%
Q2 25
7.7%
Q1 25
4.6%
Q4 24
15.7%
Q3 24
7.8%
Q2 24
8.2%
Q1 24
9.3%
Capex Intensity
DTE
DTE
FLUT
FLUT
Q4 25
0.8%
Q3 25
0.3%
Q2 25
0.9%
Q1 25
0.5%
Q4 24
1.5%
Q3 24
1.1%
Q2 24
0.8%
Q1 24
0.6%
Cash Conversion
DTE
DTE
FLUT
FLUT
Q4 25
2.84×
42.80×
Q3 25
1.51×
Q2 25
3.10×
9.70×
Q1 25
2.29×
0.56×
Q4 24
3.71×
4.18×
Q3 24
1.59×
Q2 24
2.36×
1.09×
Q1 24
3.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DTE
DTE

Electric Segment$1.8B40%
Residential$723.0M16%
Gas Segment$651.0M15%
Commercial$524.0M12%
Other$333.0M8%
DTE Vantage Segment$176.0M4%
Industrial$159.0M4%
End User Transportation$69.0M2%
Intermediate Transportation$25.0M1%

FLUT
FLUT

Other$2.6B55%
Sports Book$1.5B32%
Igaming$586.0M12%
Service Other$59.0M1%

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