Diversified Energy Company (DEC)

DEC Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	1,539	758.8	806.79	1,846	977.04
Other Revenue	290.32	-	-	-	-
Revenue	1,829	758.8	806.79	1,846	977.04
Revenue Growth (YoY)	141.06%	-5.95%	-56.28%	88.89%	139.06%
Cost of Revenue	738.75	392.86	379.09	372.04	260.7
Gross Profit	1,090	365.94	427.7	1,473	716.35
Selling, General & Admin	167.63	95.17	85.15	85.22	64.21
Other Operating Expenses	45.34	68.61	-1,057	1,785	997.52
Operating Expenses	625.47	420.37	-697.04	2,092	1,225
Operating Income	464.92	-54.43	1,125	-618.85	-508.76
Interest Expense	-209.97	-137.45	-136.89	-102.18	-51.09
Currency Exchange Gain (Loss)	-	-	-0.52	-	-1.23
Other Non Operating Income (Expenses)	-	2.34	0.39	0.21	0.08
EBT Excluding Unusual Items	254.95	-189.54	987.72	-720.82	-560.99
Merger & Restructuring Charges	-	-11.57	-16.78	-15.55	-27.74
Gain (Loss) on Sale of Investments	-	-11.39	23.05	-	-
Gain (Loss) on Sale of Assets	73.37	25.68	24.15	2.38	-0.9
Other Unusual Items	-26.97	-37.13	-17.79	-65.52	38.74
Pretax Income	301.35	-223.95	1,000	-799.5	-550.9
Income Tax Expense	-40.55	-136.95	240.64	-178.9	-225.69
Earnings From Continuing Operations	341.9	-87	759.7	-620.6	-325.21
Minority Interest in Earnings	-0.78	-1.27	-1.68	-4.81	-0.3
Net Income	341.12	-88.27	758.02	-625.41	-325.51
Net Income to Common	341.12	-88.27	758.02	-625.41	-325.51
Shares Outstanding (Basic)	73	48	47	42	40
Shares Outstanding (Diluted)	74	48	48	42	40
Shares Change (YoY)	55.06%	1.09%	12.58%	6.37%	15.82%
EPS (Basic)	4.67	-1.84	16.07	-14.82	-8.20
EPS (Diluted)	4.58	-1.84	15.95	-14.82	-8.20
Free Cash Flow	280.02	5.07	73.55	37.01	-17.32
Free Cash Flow Per Share	3.76	0.11	1.55	0.88	-0.44
Dividend Per Share	-	1.160	2.915	3.450	3.300
Dividend Growth	-	-60.21%	-15.51%	4.54%	8.20%
Gross Margin	59.61%	48.23%	53.01%	79.84%	73.32%
Operating Margin	25.42%	-7.17%	139.41%	-33.53%	-52.07%
Profit Margin	18.65%	-11.63%	93.95%	-33.89%	-33.32%
Free Cash Flow Margin	15.31%	0.67%	9.12%	2.01%	-1.77%
EBITDA	926.03	214.41	1,400	-386.6	-332.34
EBITDA Margin	50.63%	28.26%	173.50%	-20.95%	-34.02%
D&A For EBITDA	461.11	268.83	275.08	232.26	176.42
EBIT	464.92	-54.43	1,125	-618.85	-508.76
EBIT Margin	25.42%	-7.17%	139.41%	-33.53%	-52.07%
Effective Tax Rate	-	-	24.06%	-	-
Revenue as Reported	1,829	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q