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Side-by-side financial comparison of DTE Energy (DTE) and SHOPIFY INC. (SHOP). Click either name above to swap in a different company.
DTE Energy is the larger business by last-quarter revenue ($4.4B vs $3.7B, roughly 1.2× SHOPIFY INC.). SHOPIFY INC. runs the higher net margin — 20.2% vs 8.3%, a 11.9% gap on every dollar of revenue. On growth, SHOPIFY INC. posted the faster year-over-year revenue change (30.6% vs 28.9%). Over the past eight quarters, SHOPIFY INC.'s revenue compounded faster (40.5% 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.
Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.
DTE vs SHOP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $3.7B |
| Net Profit | $369.0M | $743.0M |
| Gross Margin | — | 46.1% |
| Operating Margin | 15.9% | 17.2% |
| Net Margin | 8.3% | 20.2% |
| Revenue YoY | 28.9% | 30.6% |
| Net Profit YoY | 26.4% | -42.5% |
| EPS (diluted) | $1.78 | $0.58 |
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 | $3.7B | ||
| Q3 25 | $3.5B | $2.8B | ||
| Q2 25 | $3.4B | $2.7B | ||
| Q1 25 | $4.4B | $2.4B | ||
| Q4 24 | $3.4B | $2.8B | ||
| Q3 24 | $2.9B | $2.2B | ||
| Q2 24 | $2.9B | $2.0B | ||
| Q1 24 | $3.2B | $1.9B |
| Q4 25 | $369.0M | $743.0M | ||
| Q3 25 | $419.0M | $264.0M | ||
| Q2 25 | $229.0M | $906.0M | ||
| Q1 25 | $445.0M | $-682.0M | ||
| Q4 24 | $292.0M | $1.3B | ||
| Q3 24 | $477.0M | $828.0M | ||
| Q2 24 | $322.0M | $171.0M | ||
| Q1 24 | $313.0M | $-273.0M |
| Q4 25 | — | 46.1% | ||
| Q3 25 | — | 48.9% | ||
| Q2 25 | — | 48.6% | ||
| Q1 25 | — | 49.5% | ||
| Q4 24 | — | 48.1% | ||
| Q3 24 | — | 51.7% | ||
| Q2 24 | — | 51.1% | ||
| Q1 24 | — | 51.4% |
| Q4 25 | 15.9% | 17.2% | ||
| Q3 25 | 17.6% | 12.1% | ||
| Q2 25 | 12.5% | 10.9% | ||
| Q1 25 | 14.1% | 8.6% | ||
| Q4 24 | 16.2% | 16.5% | ||
| Q3 24 | 17.8% | 13.1% | ||
| Q2 24 | 17.5% | 11.8% | ||
| Q1 24 | 16.0% | 4.6% |
| Q4 25 | 8.3% | 20.2% | ||
| Q3 25 | 11.9% | 9.3% | ||
| Q2 25 | 6.7% | 33.8% | ||
| Q1 25 | 10.0% | -28.9% | ||
| Q4 24 | 8.5% | 46.0% | ||
| Q3 24 | 16.4% | 38.3% | ||
| Q2 24 | 11.2% | 8.4% | ||
| Q1 24 | 9.7% | -14.7% |
| Q4 25 | $1.78 | $0.58 | ||
| Q3 25 | $2.01 | $0.20 | ||
| Q2 25 | $1.10 | $0.69 | ||
| Q1 25 | $2.14 | $-0.53 | ||
| Q4 24 | $1.41 | $0.99 | ||
| Q3 24 | $2.30 | $0.64 | ||
| Q2 24 | $1.55 | $0.13 | ||
| Q1 24 | $1.51 | $-0.21 |
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 | $5.8B |
| Total DebtLower is stronger | $23.8B | — |
| Stockholders' EquityBook value | $12.3B | $13.5B |
| Total Assets | $54.1B | $15.2B |
| Debt / EquityLower = less leverage | 1.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.0M | $5.8B | ||
| Q3 25 | $34.0M | $6.3B | ||
| Q2 25 | $32.0M | $5.8B | ||
| Q1 25 | $33.0M | $5.5B | ||
| Q4 24 | $24.0M | $5.5B | ||
| Q3 24 | $969.0M | — | ||
| Q2 24 | $20.0M | — | ||
| Q1 24 | $292.0M | — |
| 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 24 | $19.2B | — |
| Q4 25 | $12.3B | $13.5B | ||
| Q3 25 | $12.2B | $12.5B | ||
| Q2 25 | $11.7B | $12.1B | ||
| Q1 25 | $11.9B | $11.1B | ||
| Q4 24 | $11.7B | $11.6B | ||
| Q3 24 | $11.6B | $10.1B | ||
| Q2 24 | $11.1B | $9.2B | ||
| Q1 24 | $11.2B | $8.9B |
| Q4 25 | $54.1B | $15.2B | ||
| Q3 25 | $52.0B | $15.0B | ||
| Q2 25 | $50.2B | $14.6B | ||
| Q1 25 | $49.6B | $13.4B | ||
| Q4 24 | $48.8B | $13.9B | ||
| Q3 24 | $49.8B | — | ||
| Q2 24 | $47.8B | — | ||
| Q1 24 | $45.9B | — |
| 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× | — | ||
| Q1 24 | 1.72× | — |
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 | $725.0M |
| Free Cash FlowOCF − Capex | — | $715.0M |
| FCF MarginFCF / Revenue | — | 19.5% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 2.84× | 0.98× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $725.0M | ||
| Q3 25 | $632.0M | $513.0M | ||
| Q2 25 | $709.0M | $428.0M | ||
| Q1 25 | $1.0B | $367.0M | ||
| Q4 24 | $1.1B | $615.0M | ||
| Q3 24 | $758.0M | $423.0M | ||
| Q2 24 | $759.0M | $340.0M | ||
| Q1 24 | $1.0B | $238.0M |
| Q4 25 | — | $715.0M | ||
| Q3 25 | — | $507.0M | ||
| Q2 25 | — | $422.0M | ||
| Q1 25 | — | $363.0M | ||
| Q4 24 | — | $611.0M | ||
| Q3 24 | — | $421.0M | ||
| Q2 24 | — | $333.0M | ||
| Q1 24 | — | $232.0M |
| Q4 25 | — | 19.5% | ||
| Q3 25 | — | 17.8% | ||
| Q2 25 | — | 15.7% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 16.3% | ||
| Q1 24 | — | 12.5% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 2.84× | 0.98× | ||
| Q3 25 | 1.51× | 1.94× | ||
| Q2 25 | 3.10× | 0.47× | ||
| Q1 25 | 2.29× | — | ||
| Q4 24 | 3.71× | 0.48× | ||
| Q3 24 | 1.59× | 0.51× | ||
| Q2 24 | 2.36× | 1.99× | ||
| Q1 24 | 3.33× | — |
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% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
