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Delixy vs TMD Energy: revenue, profit, margins and growth compared

Delixy brought in $307.7M of revenue in fiscal 2025, TMD Energy $688.6M in fiscal 2024. Revenue changed by -2.3% at Delixy and +8.8% at TMD Energy on the year before, so TMD Energy grew faster. Delixy kept -1.5% of its revenue as net profit, TMD Energy 0.3%.

Side by side, latest fiscal year

DLXYTMDE
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$307.7M$688.6M
Revenue growth-2.3%+8.8%
Net income-$4.5M$1.9M
Net margin-1.5%0.3%
Free cash flown/a-$28M
Free cash flow marginn/a-4.1%
Earnings per share (diluted)-$0.29$0.09
Cash$1.8M$16.1M
Debtn/a$1.3M
Price to earningsn/an/a
Market valuen/a$15.7M
Dividend yieldn/an/a
Rank by revenue in sector#111 of 146 · Energy#90 of 146 · Energy

Over the years

Revenue
DLXY FY2022: $319.8MDLXY FY2024: $289.2MDLXY FY2024: $314.9MDLXY FY2025: $307.7MTMDE FY2022: $702.1MTMDE FY2024: $633.1MTMDE FY2024: $688.6MFY22FY24FY25
DLXY $307.7MTMDE $688.6M
Net income
DLXY FY2022: $253KDLXY FY2024: $1.2MDLXY FY2024: $1MDLXY FY2025: -$4.5MTMDE FY2022: $2.4MTMDE FY2024: $2MTMDE FY2024: $1.9MFY22FY24FY25
DLXY -$4.5MTMDE $1.9M
Net margin
DLXY FY2022: 0.1%DLXY FY2024: 0.4%DLXY FY2024: 0.3%DLXY FY2025: -1.5%TMDE FY2022: 0.3%TMDE FY2024: 0.3%TMDE FY2024: 0.3%FY22FY24FY25
DLXY -1.5%TMDE 0.3%
Revenue growth
DLXY FY2024: -9.6%DLXY FY2024: +8.9%DLXY FY2025: -2.3%TMDE FY2024: -9.8%TMDE FY2024: +8.8%FY24FY25
DLXY -2.3%TMDE +8.8%
Free cash flow
TMDE FY2022: -$6.1MTMDE FY2024: -$2.5MTMDE FY2024: -$28MFY22FY24
DLXYTMDE -$28M

Fiscal years as each company reports them; the two may end in different months.

Questions about Delixy and TMD Energy

Which is bigger by revenue, Delixy or TMD Energy?

TMD Energy is bigger by revenue: $688.6M in fiscal 2024, against $307.7M for Delixy in fiscal 2025.

Which keeps more of its revenue as profit, Delixy or TMD Energy?

Delixy had a net margin of -1.5% in fiscal 2025; TMD Energy had 0.3% in fiscal 2024.

Which grew revenue faster, Delixy or TMD Energy?

In their latest fiscal years revenue changed by -2.3% at Delixy and +8.8% at TMD Energy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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