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Side-by-side financial comparison of DTE Energy (DTE) and Royal Caribbean Group (RCL). Click either name above to swap in a different company.
DTE Energy is the larger business by last-quarter revenue ($4.4B vs $4.3B, roughly 1.0× Royal Caribbean Group). Royal Caribbean Group runs the higher net margin — 17.7% vs 8.3%, a 9.3% 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 6.9%).
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.
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...
DTE vs RCL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $4.3B |
| Net Profit | $369.0M | $753.0M |
| Gross Margin | — | 47.4% |
| Operating Margin | 15.9% | 21.9% |
| Net Margin | 8.3% | 17.7% |
| Revenue YoY | 28.9% | 13.3% |
| Net Profit YoY | 26.4% | 36.4% |
| EPS (diluted) | $1.78 | $2.76 |
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 | $4.3B | ||
| Q3 25 | $3.5B | $5.1B | ||
| Q2 25 | $3.4B | $4.5B | ||
| Q1 25 | $4.4B | $4.0B | ||
| Q4 24 | $3.4B | $3.8B | ||
| Q3 24 | $2.9B | $4.9B | ||
| Q2 24 | $2.9B | $4.1B | ||
| Q1 24 | $3.2B | $3.7B |
| Q4 25 | $369.0M | $753.0M | ||
| Q3 25 | $419.0M | $1.6B | ||
| Q2 25 | $229.0M | $1.2B | ||
| Q1 25 | $445.0M | $730.0M | ||
| Q4 24 | $292.0M | $552.0M | ||
| Q3 24 | $477.0M | $1.1B | ||
| Q2 24 | $322.0M | $854.0M | ||
| Q1 24 | $313.0M | $360.0M |
| Q4 25 | — | 47.4% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 47.6% | ||
| Q1 24 | — | 44.8% |
| Q4 25 | 15.9% | 21.9% | ||
| Q3 25 | 17.6% | 33.1% | ||
| Q2 25 | 12.5% | 29.3% | ||
| Q1 25 | 14.1% | 23.6% | ||
| Q4 24 | 16.2% | 16.6% | ||
| Q3 24 | 17.8% | 33.4% | ||
| Q2 24 | 17.5% | 26.7% | ||
| Q1 24 | 16.0% | 20.1% |
| Q4 25 | 8.3% | 17.7% | ||
| Q3 25 | 11.9% | 30.6% | ||
| Q2 25 | 6.7% | 26.7% | ||
| Q1 25 | 10.0% | 18.3% | ||
| Q4 24 | 8.5% | 14.7% | ||
| Q3 24 | 16.4% | 22.7% | ||
| Q2 24 | 11.2% | 20.8% | ||
| Q1 24 | 9.7% | 9.7% |
| Q4 25 | $1.78 | $2.76 | ||
| Q3 25 | $2.01 | $5.74 | ||
| Q2 25 | $1.10 | $4.41 | ||
| Q1 25 | $2.14 | $2.70 | ||
| Q4 24 | $1.41 | $2.27 | ||
| Q3 24 | $2.30 | $4.21 | ||
| Q2 24 | $1.55 | $3.11 | ||
| Q1 24 | $1.51 | $1.35 |
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 | $825.0M |
| Total DebtLower is stronger | $23.8B | $18.2B |
| Stockholders' EquityBook value | $12.3B | $10.0B |
| Total Assets | $54.1B | $41.6B |
| Debt / EquityLower = less leverage | 1.93× | 1.81× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.0M | $825.0M | ||
| Q3 25 | $34.0M | $432.0M | ||
| Q2 25 | $32.0M | $735.0M | ||
| Q1 25 | $33.0M | $386.0M | ||
| Q4 24 | $24.0M | $388.0M | ||
| Q3 24 | $969.0M | $418.0M | ||
| Q2 24 | $20.0M | $391.0M | ||
| Q1 24 | $292.0M | $437.0M |
| Q4 25 | $23.8B | $18.2B | ||
| Q3 25 | $24.5B | $17.2B | ||
| Q2 25 | $22.9B | $17.6B | ||
| Q1 25 | $21.8B | $18.0B | ||
| Q4 24 | $20.7B | $18.5B | ||
| Q3 24 | $20.5B | $19.0B | ||
| Q2 24 | $19.3B | $19.8B | ||
| Q1 24 | $19.2B | $18.9B |
| Q4 25 | $12.3B | $10.0B | ||
| Q3 25 | $12.2B | $10.1B | ||
| Q2 25 | $11.7B | $9.2B | ||
| Q1 25 | $11.9B | $8.0B | ||
| Q4 24 | $11.7B | $7.6B | ||
| Q3 24 | $11.6B | $7.0B | ||
| Q2 24 | $11.1B | $6.0B | ||
| Q1 24 | $11.2B | $5.2B |
| Q4 25 | $54.1B | $41.6B | ||
| Q3 25 | $52.0B | $40.1B | ||
| Q2 25 | $50.2B | $38.5B | ||
| Q1 25 | $49.6B | $37.5B | ||
| Q4 24 | $48.8B | $37.1B | ||
| Q3 24 | $49.8B | $37.1B | ||
| Q2 24 | $47.8B | $37.0B | ||
| Q1 24 | $45.9B | $35.2B |
| Q4 25 | 1.93× | 1.81× | ||
| Q3 25 | 2.01× | 1.70× | ||
| Q2 25 | 1.96× | 1.92× | ||
| Q1 25 | 1.83× | 2.26× | ||
| Q4 24 | 1.77× | 2.44× | ||
| Q3 24 | 1.76× | 2.69× | ||
| Q2 24 | 1.74× | 3.29× | ||
| Q1 24 | 1.72× | 3.66× |
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 | $1.6B |
| Free Cash FlowOCF − Capex | — | $116.0M |
| FCF MarginFCF / Revenue | — | 2.7% |
| Capex IntensityCapex / Revenue | — | 35.4% |
| Cash ConversionOCF / Net Profit | 2.84× | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $1.6B | ||
| Q3 25 | $632.0M | $1.5B | ||
| Q2 25 | $709.0M | $1.7B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $758.0M | $897.0M | ||
| Q2 24 | $759.0M | $1.6B | ||
| Q1 24 | $1.0B | $1.3B |
| Q4 25 | — | $116.0M | ||
| Q3 25 | — | $-989.0M | ||
| Q2 25 | — | $910.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $915.0M | ||
| Q3 24 | — | $563.0M | ||
| Q2 24 | — | $-567.0M | ||
| Q1 24 | — | $1.1B |
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | -19.2% | ||
| Q2 25 | — | 20.1% | ||
| Q1 25 | — | 30.0% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | -13.8% | ||
| Q1 24 | — | 29.1% |
| Q4 25 | — | 35.4% | ||
| Q3 25 | — | 47.8% | ||
| Q2 25 | — | 18.4% | ||
| Q1 25 | — | 10.7% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 52.1% | ||
| Q1 24 | — | 6.5% |
| Q4 25 | 2.84× | 2.16× | ||
| Q3 25 | 1.51× | 0.93× | ||
| Q2 25 | 3.10× | 1.44× | ||
| Q1 25 | 2.29× | 2.23× | ||
| Q4 24 | 3.71× | 2.66× | ||
| Q3 24 | 1.59× | 0.81× | ||
| Q2 24 | 2.36× | 1.84× | ||
| Q1 24 | 3.33× | 3.69× |
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% |
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
