vs
Side-by-side financial comparison of DTE Energy (DTE) and Mastercard (MA). Click either name above to swap in a different company.
Mastercard is the larger business by last-quarter revenue ($8.4B vs $4.4B, roughly 1.9× DTE Energy). Mastercard runs the higher net margin — 46.4% vs 8.3%, a 38.1% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% vs 16.0%). Over the past eight quarters, DTE Energy's revenue compounded faster (16.9% CAGR vs 9.9%).
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.
Mastercard Inc. is an American multinational payment card services corporation headquartered in Purchase, New York. It offers a range of payment transaction processing and other related-payment services. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the Mastercard-brand debit, credit and prepaid cards to make purchases. Mastercard has been publicly traded since 2006.
DTE vs MA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $8.4B |
| Net Profit | $369.0M | $3.9B |
| Gross Margin | — | — |
| Operating Margin | 15.9% | 58.3% |
| Net Margin | 8.3% | 46.4% |
| Revenue YoY | 28.9% | 16.0% |
| Net Profit YoY | 26.4% | 18.0% |
| EPS (diluted) | $1.78 | $4.35 |
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 | — | $8.4B | ||
| Q4 25 | $4.4B | $8.8B | ||
| Q3 25 | $3.5B | $8.6B | ||
| Q2 25 | $3.4B | $8.1B | ||
| Q1 25 | $4.4B | $7.3B | ||
| Q4 24 | $3.4B | $7.5B | ||
| Q3 24 | $2.9B | $7.4B | ||
| Q2 24 | $2.9B | $7.0B |
| Q1 26 | — | $3.9B | ||
| Q4 25 | $369.0M | $4.1B | ||
| Q3 25 | $419.0M | $3.9B | ||
| Q2 25 | $229.0M | $3.7B | ||
| Q1 25 | $445.0M | $3.3B | ||
| Q4 24 | $292.0M | $3.3B | ||
| Q3 24 | $477.0M | $3.3B | ||
| Q2 24 | $322.0M | $3.3B |
| Q1 26 | — | 58.3% | ||
| Q4 25 | 15.9% | 55.8% | ||
| Q3 25 | 17.6% | 58.8% | ||
| Q2 25 | 12.5% | 58.7% | ||
| Q1 25 | 14.1% | 57.2% | ||
| Q4 24 | 16.2% | 52.6% | ||
| Q3 24 | 17.8% | 54.3% | ||
| Q2 24 | 17.5% | 58.0% |
| Q1 26 | — | 46.4% | ||
| Q4 25 | 8.3% | 46.1% | ||
| Q3 25 | 11.9% | 45.7% | ||
| Q2 25 | 6.7% | 45.5% | ||
| Q1 25 | 10.0% | 45.2% | ||
| Q4 24 | 8.5% | 44.6% | ||
| Q3 24 | 16.4% | 44.3% | ||
| Q2 24 | 11.2% | 46.8% |
| Q1 26 | — | $4.35 | ||
| Q4 25 | $1.78 | $4.52 | ||
| Q3 25 | $2.01 | $4.34 | ||
| Q2 25 | $1.10 | $4.07 | ||
| Q1 25 | $2.14 | $3.59 | ||
| Q4 24 | $1.41 | $3.64 | ||
| Q3 24 | $2.30 | $3.53 | ||
| Q2 24 | $1.55 | $3.50 |
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 | $7.9B |
| Total DebtLower is stronger | $23.8B | $19.0B |
| Stockholders' EquityBook value | $12.3B | $6.7B |
| Total Assets | $54.1B | $52.4B |
| Debt / EquityLower = less leverage | 1.93× | 2.82× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $7.9B | ||
| Q4 25 | $208.0M | $10.6B | ||
| Q3 25 | $34.0M | $10.3B | ||
| Q2 25 | $32.0M | $9.0B | ||
| Q1 25 | $33.0M | $7.6B | ||
| Q4 24 | $24.0M | $8.4B | ||
| Q3 24 | $969.0M | $11.1B | ||
| Q2 24 | $20.0M | $7.0B |
| Q1 26 | — | $19.0B | ||
| Q4 25 | $23.8B | — | ||
| Q3 25 | $24.5B | — | ||
| Q2 25 | $22.9B | — | ||
| Q1 25 | $21.8B | — | ||
| Q4 24 | $20.7B | — | ||
| Q3 24 | $20.5B | — | ||
| Q2 24 | $19.3B | — |
| Q1 26 | — | $6.7B | ||
| Q4 25 | $12.3B | $7.7B | ||
| Q3 25 | $12.2B | $7.9B | ||
| Q2 25 | $11.7B | $7.9B | ||
| Q1 25 | $11.9B | $6.7B | ||
| Q4 24 | $11.7B | $6.5B | ||
| Q3 24 | $11.6B | $7.4B | ||
| Q2 24 | $11.1B | $7.4B |
| Q1 26 | — | $52.4B | ||
| Q4 25 | $54.1B | $54.2B | ||
| Q3 25 | $52.0B | $53.3B | ||
| Q2 25 | $50.2B | $51.4B | ||
| Q1 25 | $49.6B | $48.5B | ||
| Q4 24 | $48.8B | $48.1B | ||
| Q3 24 | $49.8B | $47.2B | ||
| Q2 24 | $47.8B | $42.3B |
| Q1 26 | — | 2.82× | ||
| Q4 25 | 1.93× | — | ||
| Q3 25 | 2.01× | — | ||
| Q2 25 | 1.96× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.77× | — | ||
| 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 | $3.0B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 2.84× | 0.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.0B | ||
| Q4 25 | $1.0B | $5.0B | ||
| Q3 25 | $632.0M | $5.7B | ||
| Q2 25 | $709.0M | $4.6B | ||
| Q1 25 | $1.0B | $2.4B | ||
| Q4 24 | $1.1B | $4.8B | ||
| Q3 24 | $758.0M | $5.1B | ||
| Q2 24 | $759.0M | $3.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.9B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.6B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $4.7B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $3.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | 55.5% | ||
| Q3 25 | — | 63.8% | ||
| Q2 25 | — | 56.1% | ||
| Q1 25 | — | 30.6% | ||
| Q4 24 | — | 63.3% | ||
| Q3 24 | — | 68.2% | ||
| Q2 24 | — | 43.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.7% |
| Q1 26 | — | 0.77× | ||
| Q4 25 | 2.84× | 1.23× | ||
| Q3 25 | 1.51× | 1.44× | ||
| Q2 25 | 3.10× | 1.24× | ||
| Q1 25 | 2.29× | 0.73× | ||
| Q4 24 | 3.71× | 1.45× | ||
| Q3 24 | 1.59× | 1.57× | ||
| Q2 24 | 2.36× | 0.96× |
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% |
MA
Segment breakdown not available.
