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Side-by-side financial comparison of DTE Energy (DTE) and IMPERIAL OIL LTD (IMO). Click either name above to swap in a different company.
IMPERIAL OIL LTD is the larger business by last-quarter revenue ($8.2B vs $4.4B, roughly 1.9× DTE Energy). DTE Energy runs the higher net margin — 8.3% vs 4.4%, a 4.0% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% vs -10.5%). Over the past eight quarters, DTE Energy's revenue compounded faster (16.9% CAGR vs -4.2%).
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.
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
DTE vs IMO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $8.2B |
| Net Profit | $369.0M | $359.2M |
| Gross Margin | — | — |
| Operating Margin | 15.9% | 5.6% |
| Net Margin | 8.3% | 4.4% |
| Revenue YoY | 28.9% | -10.5% |
| Net Profit YoY | 26.4% | -59.8% |
| EPS (diluted) | $1.78 | — |
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 | $4.4B | $8.2B | ||
| Q3 25 | $3.5B | $8.8B | ||
| Q2 25 | $3.4B | $8.2B | ||
| Q1 25 | $4.4B | $9.1B | ||
| Q4 24 | $3.4B | $9.2B | ||
| Q3 24 | $2.9B | $9.7B | ||
| Q2 24 | $2.9B | $9.8B | ||
| Q1 24 | $3.2B | $9.0B |
| Q4 25 | $369.0M | $359.2M | ||
| Q3 25 | $419.0M | $393.5M | ||
| Q2 25 | $229.0M | $692.8M | ||
| Q1 25 | $445.0M | $940.2M | ||
| Q4 24 | $292.0M | $894.3M | ||
| Q3 24 | $477.0M | $903.0M | ||
| Q2 24 | $322.0M | $827.1M | ||
| Q1 24 | $313.0M | $872.4M |
| Q4 25 | 15.9% | 5.6% | ||
| Q3 25 | 17.6% | 5.8% | ||
| Q2 25 | 12.5% | 11.1% | ||
| Q1 25 | 14.1% | 13.5% | ||
| Q4 24 | 16.2% | 12.5% | ||
| Q3 24 | 17.8% | 12.1% | ||
| Q2 24 | 17.5% | 11.1% | ||
| Q1 24 | 16.0% | 12.8% |
| Q4 25 | 8.3% | 4.4% | ||
| Q3 25 | 11.9% | 4.5% | ||
| Q2 25 | 6.7% | 8.4% | ||
| Q1 25 | 10.0% | 10.3% | ||
| Q4 24 | 8.5% | 9.7% | ||
| Q3 24 | 16.4% | 9.3% | ||
| Q2 24 | 11.2% | 8.5% | ||
| Q1 24 | 9.7% | 9.7% |
| Q4 25 | $1.78 | — | ||
| Q3 25 | $2.01 | — | ||
| Q2 25 | $1.10 | — | ||
| Q1 25 | $2.14 | — | ||
| Q4 24 | $1.41 | — | ||
| Q3 24 | $2.30 | — | ||
| Q2 24 | $1.55 | — | ||
| Q1 24 | $1.51 | — |
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 | $833.7M |
| Total DebtLower is stronger | $23.8B | $2.9B |
| Stockholders' EquityBook value | $12.3B | $16.2B |
| Total Assets | $54.1B | $30.9B |
| Debt / EquityLower = less leverage | 1.93× | 0.18× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.0M | $833.7M | ||
| Q3 25 | $34.0M | $1.4B | ||
| Q2 25 | $32.0M | $1.7B | ||
| Q1 25 | $33.0M | $1.3B | ||
| Q4 24 | $24.0M | $714.7M | ||
| Q3 24 | $969.0M | $1.1B | ||
| Q2 24 | $20.0M | $1.5B | ||
| Q1 24 | $292.0M | $858.5M |
| Q4 25 | $23.8B | $2.9B | ||
| Q3 25 | $24.5B | $2.9B | ||
| Q2 25 | $22.9B | $2.9B | ||
| Q1 25 | $21.8B | $2.9B | ||
| Q4 24 | $20.7B | $2.9B | ||
| Q3 24 | $20.5B | $2.9B | ||
| Q2 24 | $19.3B | $2.9B | ||
| Q1 24 | $19.2B | $2.9B |
| Q4 25 | $12.3B | $16.2B | ||
| Q3 25 | $12.2B | $17.3B | ||
| Q2 25 | $11.7B | $18.2B | ||
| Q1 25 | $11.9B | $17.8B | ||
| Q4 24 | $11.7B | $17.1B | ||
| Q3 24 | $11.6B | $17.3B | ||
| Q2 24 | $11.1B | $17.5B | ||
| Q1 24 | $11.2B | $16.9B |
| Q4 25 | $54.1B | $30.9B | ||
| Q3 25 | $52.0B | $31.4B | ||
| Q2 25 | $50.2B | $32.2B | ||
| Q1 25 | $49.6B | $32.0B | ||
| Q4 24 | $48.8B | $31.3B | ||
| Q3 24 | $49.8B | $31.0B | ||
| Q2 24 | $47.8B | $32.2B | ||
| Q1 24 | $45.9B | $31.0B |
| Q4 25 | 1.93× | 0.18× | ||
| Q3 25 | 2.01× | 0.17× | ||
| Q2 25 | 1.96× | 0.16× | ||
| Q1 25 | 1.83× | 0.16× | ||
| Q4 24 | 1.77× | 0.17× | ||
| Q3 24 | 1.76× | 0.17× | ||
| Q2 24 | 1.74× | 0.17× | ||
| Q1 24 | 1.72× | 0.17× |
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 | $1.4B |
| Free Cash FlowOCF − Capex | — | $938.8M |
| FCF MarginFCF / Revenue | — | 11.4% |
| Capex IntensityCapex / Revenue | — | 5.6% |
| Cash ConversionOCF / Net Profit | 2.84× | 3.90× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $632.0M | $1.3B | ||
| Q2 25 | $709.0M | $1.1B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $758.0M | $1.1B | ||
| Q2 24 | $759.0M | $1.2B | ||
| Q1 24 | $1.0B | $785.5M |
| Q4 25 | — | $938.8M | ||
| Q3 25 | — | $944.6M | ||
| Q2 25 | — | $725.6M | ||
| Q1 25 | — | $824.2M | ||
| Q4 24 | — | $997.2M | ||
| Q3 24 | — | $730.7M | ||
| Q2 24 | — | $852.6M | ||
| Q1 24 | — | $422.7M |
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 8.7% | ||
| Q1 24 | — | 4.7% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | 2.84× | 3.90× | ||
| Q3 25 | 1.51× | 3.34× | ||
| Q2 25 | 3.10× | 1.54× | ||
| Q1 25 | 2.29× | 1.19× | ||
| Q4 24 | 3.71× | 1.46× | ||
| Q3 24 | 1.59× | 1.20× | ||
| Q2 24 | 2.36× | 1.44× | ||
| Q1 24 | 3.33× | 0.90× |
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% |
IMO
Segment breakdown not available.
