3 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 3.1% per year over the past 2 years.
Net income has grown slower than revenue (-32.5% vs -3.1% per year).
Operating margin has contracted, at 29.2% in the latest year.
Free cash flow has grown 13.5% per year over the past 2 years.
Financial health
Total debt ($2.7B) exceeds cash ($30M); net debt is $2.7B.
Total debt has grown faster than revenue (81.6% vs -3.1% per year).
Operating income covered interest expense 2.5× in the latest year, down from 8.5× 2 years ago.
Total debt is 2.9× EBITDA.
Shareholder returns
Dividends have been paid for 3 consecutive years, consuming 24.9% of earnings and 30.4% of free cash flow.
The dividend has declined 28.9% per year over the past 2 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.8B
$341M
0.0%
29.2%
$280M
$2.7B
$30M
2024
$757M
-$104M
0.0%
-12.8%
$169M
$1.5B
$6M
2023
$1.9B
$749M
0.0%
56.9%
$217M
—
$4M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$27M
-$161M
0.0%
-923.1%
$111M
$2.7B
$55M
Dec '25
$667M
$195M
0.0%
37.6%
—
$2.7B
$30M
Sep '25
$500M
$171M
0.0%
36.2%
—
—
—
Jun '25
$600M
$298M
0.0%
48.5%
—
—
—
Mar '25
$63M
-$323M
0.0%
-300.9%
$57M
—
$33M
Valuation over time
How the market has priced DEC against its own fundamentals since 2023-12 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 1.2× (Jan '24) to 2.7× (Jun '26).
The price-to-sales ratio has risen from 0.5× (Jan '24) to 0.5× (Jun '26).
The dividend yield has fallen from 19.0% (Jan '24) to 9.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is DEC growing its revenue and profit?
Over the past 2 years, Diversified Energy Co's revenue has declined 3.1% per year, and net income declined 32.5% per year. These are computed facts, not advice.
How much debt does DEC have?
As of FY2025, Diversified Energy Co reported $2.7B of total debt against $30M of cash; operating income covered interest expense 2.5×.
What is DEC's profit margin?
In FY2025, gross margin was —, operating margin 29.2%, and net margin 18.6%.
What is DEC's P/E ratio?
As of Jun '26, Diversified Energy Co traded at a price-to-earnings ratio of about 2.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.