vs
Side-by-side financial comparison of DTE Energy (DTE) and Lennar (LEN). Click either name above to swap in a different company.
Lennar is the larger business by last-quarter revenue ($6.6B vs $4.4B, roughly 1.5× DTE Energy). DTE Energy runs the higher net margin — 8.3% vs 3.5%, a 4.9% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% vs -13.3%). Over the past eight quarters, DTE Energy's revenue compounded faster (16.9% CAGR vs -13.1%).
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.
Lennar Corporation is an American home construction company based in Miami-Dade County, Florida. As of 2025, it is the second-largest home construction company in the United States based on the number of homes sold. Lennar has investments in multifamily and single-family residential rental properties, luxury development, property technology with LenX, and mortgage lending from Lennar Mortgage.
DTE vs LEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $6.6B |
| Net Profit | $369.0M | $229.4M |
| Gross Margin | — | — |
| Operating Margin | 15.9% | — |
| Net Margin | 8.3% | 3.5% |
| Revenue YoY | 28.9% | -13.3% |
| Net Profit YoY | 26.4% | -55.8% |
| EPS (diluted) | $1.78 | $0.93 |
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 | — | $6.6B | ||
| Q4 25 | $4.4B | $9.4B | ||
| Q3 25 | $3.5B | $8.8B | ||
| Q2 25 | $3.4B | $8.4B | ||
| Q1 25 | $4.4B | $7.6B | ||
| Q4 24 | $3.4B | $9.9B | ||
| Q3 24 | $2.9B | $9.4B | ||
| Q2 24 | $2.9B | $8.8B |
| Q1 26 | — | $229.4M | ||
| Q4 25 | $369.0M | $490.2M | ||
| Q3 25 | $419.0M | $591.0M | ||
| Q2 25 | $229.0M | $477.4M | ||
| Q1 25 | $445.0M | $519.5M | ||
| Q4 24 | $292.0M | $1.1B | ||
| Q3 24 | $477.0M | $1.2B | ||
| Q2 24 | $322.0M | $954.3M |
| Q1 26 | — | — | ||
| Q4 25 | 15.9% | 7.3% | ||
| Q3 25 | 17.6% | 9.0% | ||
| Q2 25 | 12.5% | 7.7% | ||
| Q1 25 | 14.1% | 9.1% | ||
| Q4 24 | 16.2% | 14.7% | ||
| Q3 24 | 17.8% | 16.3% | ||
| Q2 24 | 17.5% | 14.4% |
| Q1 26 | — | 3.5% | ||
| Q4 25 | 8.3% | 5.2% | ||
| Q3 25 | 11.9% | 6.7% | ||
| Q2 25 | 6.7% | 5.7% | ||
| Q1 25 | 10.0% | 6.8% | ||
| Q4 24 | 8.5% | 11.0% | ||
| Q3 24 | 16.4% | 12.3% | ||
| Q2 24 | 11.2% | 10.9% |
| Q1 26 | — | $0.93 | ||
| Q4 25 | $1.78 | — | ||
| Q3 25 | $2.01 | $2.29 | ||
| Q2 25 | $1.10 | $1.81 | ||
| Q1 25 | $2.14 | $1.96 | ||
| Q4 24 | $1.41 | $4.03 | ||
| Q3 24 | $2.30 | $4.26 | ||
| Q2 24 | $1.55 | $3.45 |
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 | $2.1B |
| Total DebtLower is stronger | $23.8B | — |
| Stockholders' EquityBook value | $12.3B | $21.9B |
| Total Assets | $54.1B | $33.2B |
| Debt / EquityLower = less leverage | 1.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.1B | ||
| Q4 25 | $208.0M | $3.8B | ||
| Q3 25 | $34.0M | — | ||
| Q2 25 | $32.0M | — | ||
| Q1 25 | $33.0M | — | ||
| Q4 24 | $24.0M | $4.9B | ||
| Q3 24 | $969.0M | — | ||
| Q2 24 | $20.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $23.8B | $5.9B | ||
| Q3 25 | $24.5B | — | ||
| Q2 25 | $22.9B | — | ||
| Q1 25 | $21.8B | — | ||
| Q4 24 | $20.7B | $4.2B | ||
| Q3 24 | $20.5B | — | ||
| Q2 24 | $19.3B | — |
| Q1 26 | — | $21.9B | ||
| Q4 25 | $12.3B | $22.0B | ||
| Q3 25 | $12.2B | $22.6B | ||
| Q2 25 | $11.7B | $22.6B | ||
| Q1 25 | $11.9B | $22.7B | ||
| Q4 24 | $11.7B | $27.9B | ||
| Q3 24 | $11.6B | $27.4B | ||
| Q2 24 | $11.1B | $26.9B |
| Q1 26 | — | $33.2B | ||
| Q4 25 | $54.1B | $34.4B | ||
| Q3 25 | $52.0B | $34.9B | ||
| Q2 25 | $50.2B | $34.4B | ||
| Q1 25 | $49.6B | $35.0B | ||
| Q4 24 | $48.8B | $41.3B | ||
| Q3 24 | $49.8B | $39.7B | ||
| Q2 24 | $47.8B | $38.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.93× | 0.27× | ||
| Q3 25 | 2.01× | — | ||
| Q2 25 | 1.96× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.77× | 0.15× | ||
| Q3 24 | 1.76× | — | ||
| Q2 24 | 1.74× | — |
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 | $1.8B | ||
| Q3 25 | $632.0M | $-158.6M | ||
| Q2 25 | $709.0M | $-1.1B | ||
| Q1 25 | $1.0B | $-289.0M | ||
| Q4 24 | $1.1B | $974.5M | ||
| Q3 24 | $758.0M | $819.2M | ||
| Q2 24 | $759.0M | $241.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $-190.8M | ||
| Q2 25 | — | $-1.1B | ||
| Q1 25 | — | $-345.1M | ||
| Q4 24 | — | $933.1M | ||
| Q3 24 | — | $800.8M | ||
| Q2 24 | — | $203.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | — | -13.3% | ||
| Q1 25 | — | -4.5% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.84× | 3.59× | ||
| Q3 25 | 1.51× | -0.27× | ||
| Q2 25 | 3.10× | -2.29× | ||
| Q1 25 | 2.29× | -0.56× | ||
| Q4 24 | 3.71× | 0.89× | ||
| Q3 24 | 1.59× | 0.70× | ||
| Q2 24 | 2.36× | 0.25× |
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% |
LEN
| Homebuilding | $6.3B | 95% |
| Financial Services | $215.6M | 3% |
| Multifamily | $82.5M | 1% |
| Lennar Other | $22.9M | 0% |
