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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›DEC›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

Diversified Energy Co (DEC) financials

Income statement

Diversified Energy Co (DEC) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue$1.95B$757M$1.83B
Revenue growth—-61.1%141.5%
Operating income$1.11B-$97.1M$535M
Operating margin56.9%-12.8%29.2%
Net income$749M-$104M$341M
Net margin38.4%-13.8%18.6%
EPS (diluted)$15.76-$2.17$4.58

Cash flow

Diversified Energy Co (DEC) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow$291M$221M$465M
Capital expenditures$74.3M$52.1M$185M
Free cash flow$217M$169M$280M
Dividends paid$168M$83.9M$85.0M

Balance sheet

Diversified Energy Co (DEC) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$3.75M$5.99M$29.7M
Total assets—$3.96B$6.17B
Total liabilities—$3.54B$5.17B
Long-term debt—$1.50B$2.72B
Shareholders' equity$538M$400M$984M
Retained earnings—-$759M-$508M
Shares (wtd avg diluted)47.5M48.0M74.5M

Every figure is extracted from Diversified Energy Co’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Diversified Energy Co's annual revenue?
Diversified Energy Co (DEC) reported $1.83B of revenue for fiscal year 2025 — up 141.5% from $757M in FY2024, per its annual report filed with the SEC.
Is Diversified Energy Co profitable?
Yes — DEC earned $341M of net income in FY2025, a 18.6% net margin, per SEC filings.
What is Diversified Energy Co's free cash flow?
$280M in FY2025 (operating cash flow $465M minus $185M of capital expenditures), from the SEC cash-flow statement.
Does DEC pay a dividend?
Yes — Diversified Energy Co paid $85.0M in cash dividends during FY2025, per its SEC cash-flow statement.
Full DEC analysis — verdict, score & filings →Is DEC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.