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Diversified Energy Co（DEC）与Dream Finders Homes, Inc.（DFH）财务数据对比。点击上方公司名可切换其他公司
Dream Finders Homes, Inc.的季度营收约是Diversified Energy Co的1.8倍（$1.2B vs $666.5M），Diversified Energy Co净利率更高（29.3% vs 4.8%，领先24.5%），Diversified Energy Co自由现金流更多（$280.0M vs $136.0M）
DTE能源是一家总部位于底特律的综合能源企业，在美国与加拿大开展能源相关业务的开发与运营。公司业务板块涵盖电力与燃气公用事业，其中电力业务为密歇根州220万客户服务，燃气业务则服务于该州130万客户。
美国住宅建筑商Dream Finders Homes主要建造并销售独栋住宅、联排别墅等覆盖入门级到高端档次的居住物业，业务布局美国多个高速增长区域，同时为购房者提供按揭融资、产权保险、房屋保修等配套服务，覆盖各类客户群体。
DEC vs DFH — 直观对比
营收规模更大
DFH
是对方的1.8倍
$666.5M
净利率更高
DEC
高出24.5%
4.8%
自由现金流更多
DEC
多$144.0M
$136.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $666.5M | $1.2B |
| 净利润 | $195.5M | $58.8M |
| 毛利率 | — | — |
| 营业利润率 | 37.6% | 6.4% |
| 净利率 | 29.3% | 4.8% |
| 营收同比 | — | -22.3% |
| 净利润同比 | — | -54.9% |
| 每股收益（稀释后） | — | $0.57 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DECDFH
| Q4 25 | $666.5M | $1.2B | ||
| Q3 25 | $499.8M | $969.8M | ||
| Q2 25 | $600.3M | $1.2B | ||
| Q1 25 | — | $989.9M | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $827.8M |
净利润DECDFH
| Q4 25 | $195.5M | $58.8M | ||
| Q3 25 | $171.1M | $47.0M | ||
| Q2 25 | $297.7M | $56.6M | ||
| Q1 25 | — | $54.9M | ||
| Q4 24 | — | $130.5M | ||
| Q3 24 | — | $70.7M | ||
| Q2 24 | — | $80.9M | ||
| Q1 24 | — | $54.5M |
毛利率DECDFH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 18.0% |
营业利润率DECDFH
| Q4 25 | 37.6% | 6.4% | ||
| Q3 25 | 36.2% | 6.3% | ||
| Q2 25 | 48.5% | 6.4% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 10.0% | ||
| Q1 24 | — | 8.6% |
净利率DECDFH
| Q4 25 | 29.3% | 4.8% | ||
| Q3 25 | 34.2% | 4.8% | ||
| Q2 25 | 49.6% | 4.9% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 6.6% |
每股收益（稀释后）DECDFH
| Q4 25 | — | $0.57 | ||
| Q3 25 | $2.14 | $0.47 | ||
| Q2 25 | $3.67 | $0.56 | ||
| Q1 25 | — | $0.54 | ||
| Q4 24 | — | $1.28 | ||
| Q3 24 | — | $0.70 | ||
| Q2 24 | — | $0.81 | ||
| Q1 24 | — | $0.55 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $29.7M | $234.8M |
| 总债务越低越好 | $2.7B | $1.6B |
| 股东权益账面价值 | $984.1M | $1.4B |
| 总资产 | $6.2B | $3.7B |
| 负债/权益比越低杠杆越低 | 2.76× | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资DECDFH
| Q4 25 | $29.7M | $234.8M | ||
| Q3 25 | — | $251.0M | ||
| Q2 25 | $23.7M | $210.3M | ||
| Q1 25 | — | $297.5M | ||
| Q4 24 | — | $274.4M | ||
| Q3 24 | — | $204.9M | ||
| Q2 24 | — | $274.8M | ||
| Q1 24 | — | $239.4M |
总债务DECDFH
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECDFH
| Q4 25 | $984.1M | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $727.7M | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $968.7M |
总资产DECDFH
| Q4 25 | $6.2B | $3.7B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | $5.7B | $3.7B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $2.7B |
负债/权益比DECDFH
| Q4 25 | 2.76× | 1.13× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $464.6M | $143.6M |
| 自由现金流经营现金流 - 资本支出 | $280.0M | $136.0M |
| 自由现金流率自由现金流/营收 | 42.0% | 11.2% |
| 资本支出强度资本支出/营收 | 27.7% | 0.6% |
| 现金转化率经营现金流/净利润 | 2.38× | 2.44× |
| 过去12个月自由现金流最近4个季度 | — | $-126.4M |
8季度趋势，按日历期对齐
经营现金流DECDFH
| Q4 25 | $464.6M | $143.6M | ||
| Q3 25 | — | $-131.0M | ||
| Q2 25 | $264.1M | $-68.5M | ||
| Q1 25 | — | $-44.7M | ||
| Q4 24 | — | $306.5M | ||
| Q3 24 | — | $-205.0M | ||
| Q2 24 | — | $-110.6M | ||
| Q1 24 | — | $-247.5M |
自由现金流DECDFH
| Q4 25 | $280.0M | $136.0M | ||
| Q3 25 | — | $-135.7M | ||
| Q2 25 | — | $-78.8M | ||
| Q1 25 | — | $-47.9M | ||
| Q4 24 | — | $302.6M | ||
| Q3 24 | — | $-222.5M | ||
| Q2 24 | — | $-112.4M | ||
| Q1 24 | — | $-249.6M |
自由现金流率DECDFH
| Q4 25 | 42.0% | 11.2% | ||
| Q3 25 | — | -14.0% | ||
| Q2 25 | — | -6.8% | ||
| Q1 25 | — | -4.8% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | — | -22.1% | ||
| Q2 24 | — | -10.6% | ||
| Q1 24 | — | -30.2% |
资本支出强度DECDFH
| Q4 25 | 27.7% | 0.6% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
现金转化率DECDFH
| Q4 25 | 2.38× | 2.44× | ||
| Q3 25 | — | -2.79× | ||
| Q2 25 | 0.89× | -1.21× | ||
| Q1 25 | — | -0.81× | ||
| Q4 24 | — | 2.35× | ||
| Q3 24 | — | -2.90× | ||
| Q2 24 | — | -1.37× | ||
| Q1 24 | — | -4.54× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DEC
暂无分部数据
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
