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Side-by-side financial comparison of DTE Energy (DTE) and Smurfit Westrock (SW). Click either name above to swap in a different company.
Smurfit Westrock is the larger business by last-quarter revenue ($7.7B vs $4.4B, roughly 1.7× DTE Energy). DTE Energy runs the higher net margin — 8.3% vs 0.8%, a 7.5% gap on every dollar of revenue. On growth, DTE Energy posted the faster year-over-year revenue change (28.9% vs 0.7%). Over the past eight quarters, Smurfit Westrock's revenue compounded faster (61.2% 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.
Smurfit Westrock plc is an Irish company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
DTE vs SW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.4B | $7.7B |
| Net Profit | $369.0M | $63.0M |
| Gross Margin | — | 16.4% |
| Operating Margin | 15.9% | 3.3% |
| Net Margin | 8.3% | 0.8% |
| Revenue YoY | 28.9% | 0.7% |
| Net Profit YoY | 26.4% | 0.0% |
| EPS (diluted) | $1.78 | $0.12 |
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 | — | $7.7B | ||
| Q4 25 | $4.4B | $7.6B | ||
| Q3 25 | $3.5B | $8.0B | ||
| Q2 25 | $3.4B | $7.9B | ||
| Q1 25 | $4.4B | $7.7B | ||
| Q4 24 | $3.4B | $7.5B | ||
| Q3 24 | $2.9B | $7.7B | ||
| Q2 24 | $2.9B | $3.0B |
| Q1 26 | — | $63.0M | ||
| Q4 25 | $369.0M | $97.0M | ||
| Q3 25 | $419.0M | $246.0M | ||
| Q2 25 | $229.0M | $-28.0M | ||
| Q1 25 | $445.0M | $384.0M | ||
| Q4 24 | $292.0M | $146.0M | ||
| Q3 24 | $477.0M | $-150.0M | ||
| Q2 24 | $322.0M | $132.0M |
| Q1 26 | — | 16.4% | ||
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 23.3% |
| Q1 26 | — | 3.3% | ||
| Q4 25 | 15.9% | 5.1% | ||
| Q3 25 | 17.6% | 6.6% | ||
| Q2 25 | 12.5% | 3.2% | ||
| Q1 25 | 14.1% | 7.2% | ||
| Q4 24 | 16.2% | 5.3% | ||
| Q3 24 | 17.8% | 0.7% | ||
| Q2 24 | 17.5% | 8.2% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | 8.3% | 1.3% | ||
| Q3 25 | 11.9% | 3.1% | ||
| Q2 25 | 6.7% | -0.4% | ||
| Q1 25 | 10.0% | 5.0% | ||
| Q4 24 | 8.5% | 1.9% | ||
| Q3 24 | 16.4% | -2.0% | ||
| Q2 24 | 11.2% | 4.4% |
| Q1 26 | — | $0.12 | ||
| Q4 25 | $1.78 | $0.18 | ||
| Q3 25 | $2.01 | $0.47 | ||
| Q2 25 | $1.10 | $-0.05 | ||
| Q1 25 | $2.14 | $0.73 | ||
| Q4 24 | $1.41 | $-0.12 | ||
| Q3 24 | $2.30 | $-0.30 | ||
| Q2 24 | $1.55 | $0.51 |
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 | — |
| Total DebtLower is stronger | $23.8B | $980.0M |
| Stockholders' EquityBook value | $12.3B | $18.1B |
| Total Assets | $54.1B | $45.2B |
| Debt / EquityLower = less leverage | 1.93× | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $208.0M | $892.0M | ||
| Q3 25 | $34.0M | $851.0M | ||
| Q2 25 | $32.0M | $778.0M | ||
| Q1 25 | $33.0M | $797.0M | ||
| Q4 24 | $24.0M | $855.0M | ||
| Q3 24 | $969.0M | — | ||
| Q2 24 | $20.0M | $26.8K |
| Q1 26 | — | $980.0M | ||
| Q4 25 | $23.8B | $13.4B | ||
| Q3 25 | $24.5B | $13.3B | ||
| Q2 25 | $22.9B | $13.3B | ||
| Q1 25 | $21.8B | $12.9B | ||
| Q4 24 | $20.7B | $12.5B | ||
| Q3 24 | $20.5B | $13.2B | ||
| Q2 24 | $19.3B | — |
| Q1 26 | — | $18.1B | ||
| Q4 25 | $12.3B | $18.3B | ||
| Q3 25 | $12.2B | $18.4B | ||
| Q2 25 | $11.7B | $18.3B | ||
| Q1 25 | $11.9B | $17.9B | ||
| Q4 24 | $11.7B | $17.4B | ||
| Q3 24 | $11.6B | $18.0B | ||
| Q2 24 | $11.1B | $14.5K |
| Q1 26 | — | $45.2B | ||
| Q4 25 | $54.1B | $45.2B | ||
| Q3 25 | $52.0B | $45.6B | ||
| Q2 25 | $50.2B | $45.7B | ||
| Q1 25 | $49.6B | $44.6B | ||
| Q4 24 | $48.8B | $43.8B | ||
| Q3 24 | $49.8B | $45.0B | ||
| Q2 24 | $47.8B | $26.8K |
| Q1 26 | — | 0.05× | ||
| Q4 25 | 1.93× | 0.73× | ||
| Q3 25 | 2.01× | 0.72× | ||
| Q2 25 | 1.96× | 0.73× | ||
| Q1 25 | 1.83× | 0.72× | ||
| Q4 24 | 1.77× | 0.72× | ||
| Q3 24 | 1.76× | 0.73× | ||
| 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 | $204.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 2.84× | 3.24× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $204.0M | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $632.0M | $1.1B | ||
| Q2 25 | $709.0M | $829.0M | ||
| Q1 25 | $1.0B | $235.0M | ||
| Q4 24 | $1.1B | $781.0M | ||
| Q3 24 | $758.0M | $320.0M | ||
| Q2 24 | $759.0M | $340.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $612.0M | ||
| Q3 25 | — | $523.0M | ||
| Q2 25 | — | $307.0M | ||
| Q1 25 | — | $-242.0M | ||
| Q4 24 | — | $212.0M | ||
| Q3 24 | — | $-192.0M | ||
| Q2 24 | — | $163.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | — | 5.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | — | 6.6% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 6.0% |
| Q1 26 | — | 3.24× | ||
| Q4 25 | 2.84× | 12.32× | ||
| Q3 25 | 1.51× | 4.61× | ||
| Q2 25 | 3.10× | — | ||
| Q1 25 | 2.29× | 0.61× | ||
| Q4 24 | 3.71× | 5.35× | ||
| Q3 24 | 1.59× | — | ||
| Q2 24 | 2.36× | 2.58× |
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% |
SW
Segment breakdown not available.
