For the twelve months ended Sep 30, 2026, Diversified Energy Company reported $1.61B of revenue and $79.96M of net income.
DEC revenue was $108.51M in fiscal Q3 2026 (ended Sep 30, 2026), down 78.3% from a year earlier and down 86.6% from the prior quarter. For the full fiscal 2025 it was $1.83B, up 141.5% from fiscal 2024. It rose in 3 of the last 4 fiscal years.
DEC net income was -$202.44M in fiscal Q3 2026 (ended Sep 30, 2026), compared with $171.12M a year earlier. For the full fiscal 2025 it was $341.12M, compared with -$104.36M in fiscal 2024.
DEC diluted EPS was -$2.86 in fiscal Q3 2026 (ended Sep 30, 2026), compared with $2.14 a year earlier. For the full fiscal 2025 it was $4.58.
DEC free cash flow was $96.51M in fiscal Q3 2026 (ended Sep 30, 2026), up 39.8% from a year earlier and up 99.4% from the prior quarter. For the full fiscal 2025 it was $280.02M, up 66.1% from fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.83B | $757.29M | $1.95B | $1.92B | $1.01B |
| Gross profit | - | $109.45M | $203.16M | $1.25B | $548.70M |
| Selling, general and admin | $167.63M | $129.75M | $128.63M | $170.74M | $102.33M |
| Operating income | $535.02M | -$97.10M | $1.11B | -$671.40M | -$467.06M |
| Interest expense | $209.97M | $136.80M | $130.86M | $100.80M | $50.63M |
| Pre-tax income | $301.35M | -$247.94M | $989.57M | -$799.50M | -$550.90M |
| Income tax | -$40.55M | -$144.84M | $239.18M | -$178.90M | -$225.69M |
| Net income | $341.12M | -$104.36M | $748.71M | -$625.41M | -$325.51M |
| EPS, basic | $4.67 | -$2.17 | $15.87 | -$14.82 | -$8.20 |
| EPS, diluted | $4.58 | -$2.17 | $15.76 | -$14.82 | -$8.20 |
| Diluted shares | 74.5M | 48.0M | 47.5M | 42.2M | 39.7M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $29.70M | $52.26M | $3.75M | $62.73M | $12.56M |
| Receivables | $408.40M | $234.42M | - | - | - |
| Inventory | $27.80M | $9.59M | $7.83M | $9.23M | - |
| Current assets | $650.16M | $304.26M | $304.60M | $354.22M | - |
| Total assets | $6.17B | $3.96B | $3.47B | $3.83B | - |
| Current liabilities | $1.08B | $777.11M | $638.44M | $1.13B | - |
| Short-term debt | $236.55M | $209.46M | - | - | - |
| Long-term debt | $2.72B | $1.50B | $1.08B | $1.17B | - |
| Total debt | $2.95B | $1.70B | $1.08B | $1.17B | - |
| Total liabilities | $5.17B | $3.54B | $2.88B | $3.97B | - |
| Shareholders' equity | $984.06M | $411.96M | $537.74M | -$189.65M | $663.95M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | $464.62M | $220.65M | $291.43M | $387.76M | $320.18M |
| Capital expenditures | $184.60M | $52.10M | $74.25M | - | - |
| Free cash flow | $280.02M | $168.55M | $217.18M | - | - |
| Investing cash flow | -$820.17M | -$266.76M | -$246.71M | -$386.46M | -$627.71M |
| Financing cash flow | $448.40M | $58.37M | -$67.44M | -$6.54M | $318.71M |
| Dividends paid | $85.00M | $83.86M | $168.04M | $143.46M | $130.24M |
| Share repurchases | - | $5.23M | $0 | $22.93M | $0 |
| Stock-based compensation | $10.40M | $8.29M | $6.49M | $8.05M | $7.40M |
| Depreciation and amortization | $412.51M | $292.00M | $273.32M | $222.26M | $167.64M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue growth, YoY | 141.5% | -61.1% | 1.5% | 90.5% | - |
| Gross margin | - | 14.5% | 10.4% | 65.2% | 54.5% |
| Operating margin | 29.2% | -12.8% | 56.9% | -35.0% | -46.4% |
| Net margin | 18.6% | -13.8% | 38.4% | -32.6% | -32.3% |
| Free cash flow margin | 15.3% | 22.3% | 11.1% | - | - |
| Return on equity | 34.7% | -25.3% | 139.2% | - | -49.0% |
| Return on assets | 5.5% | -2.6% | 21.6% | -16.3% | - |
| Current ratio | 0.60 | 0.39 | 0.48 | 0.31 | - |
| Debt to equity | 3.00 | 4.14 | 2.00 | - | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $108.51M | $811.91M | $27.14M | $666.52M | $499.77M | $586.70M | $62.52M |
| Selling, general and admin | $36.93M | $43.54M | $41.71M | $41.77M | $35.11M | $56.66M | $34.09M |
| Operating income | -$235.25M | $471.80M | -$250.56M | $250.87M | $180.88M | $291.38M | -$188.11M |
| Interest expense | $61.13M | $61.31M | $63.41M | $55.08M | $56.04M | $56.13M | $42.71M |
| Pre-tax income | -$334.28M | $387.30M | -$313.43M | $197.02M | $125.77M | $236.09M | -$257.53M |
| Income tax | -$132.07M | $139.70M | -$152.76M | $1.47M | -$45.48M | -$61.83M | $65.29M |
| Net income | -$202.44M | $247.60M | -$160.66M | $195.46M | $171.12M | $297.92M | -$322.82M |
| EPS, basic | -$2.86 | $3.42 | -$2.13 | $2.54 | $2.22 | $3.77 | -$5.52 |
| EPS, diluted | -$2.86 | $3.31 | -$2.13 | $2.48 | $2.14 | $3.67 | -$5.52 |
| Diluted shares | 70.8M | 74.7M | 75.3M | - | 79.8M | 81.1M | 58.6M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.79M | $8.24M | $54.54M | $29.70M | $43.10M | $23.74M | $32.64M |
| Receivables | $493.10M | $407.82M | $411.67M | $408.40M | - | - | - |
| Inventory | - | - | - | $27.80M | - | - | - |
| Current assets | $661.32M | $551.52M | $627.41M | $650.16M | - | - | - |
| Total assets | $6.53B | $6.11B | $6.24B | $6.17B | - | - | - |
| Current liabilities | $1.25B | $969.85M | $1.34B | $1.08B | - | - | - |
| Short-term debt | $104.72M | $107.14M | $235.25M | $236.55M | - | - | - |
| Long-term debt | $3.00B | $2.82B | $2.65B | $2.72B | - | - | - |
| Total debt | $3.10B | $2.93B | $2.89B | $2.95B | - | - | - |
| Total liabilities | $5.80B | $5.15B | $5.49B | $5.17B | - | - | - |
| Shareholders' equity | $723.16M | $961.58M | $743.95M | $984.06M | $802.06M | $678.34M | $459.39M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $135.79M | $88.78M | $168.73M | $182.24M | $117.24M | $80.28M | $84.86M |
| Capital expenditures | $39.28M | $40.38M | $58.01M | $47.10M | $48.23M | $61.24M | $28.03M |
| Free cash flow | $96.51M | $48.40M | $110.72M | $135.14M | $69.01M | $19.04M | $56.83M |
| Investing cash flow | -$290.38M | -$102.84M | $1.34M | -$452.46M | $28.16M | $9.15M | -$405.02M |
| Financing cash flow | $129.41M | -$38.06M | -$159.68M | $268.55M | -$125.53M | -$101.18M | $406.55M |
| Dividends paid | $20.53M | $20.97M | $22.06M | $22.75M | $22.43M | $22.67M | $17.15M |
| Stock-based compensation | $5.06M | $4.91M | $4.47M | $3.04M | $2.98M | $2.55M | $1.82M |
| Depreciation and amortization | $105.12M | $103.44M | $108.56M | $154.08M | $91.12M | $92.67M | $74.65M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -78.3% | 38.4% | -56.6% | - | - | - | - |
| Net income growth, YoY | - | -16.9% | - | - | - | - | - |
| EPS growth, YoY | - | -9.8% | - | - | - | - | - |
| Operating margin | -216.8% | 58.1% | -923.1% | 37.6% | 36.2% | 49.7% | -300.9% |
| Net margin | -186.6% | 30.5% | -591.9% | 29.3% | 34.2% | 50.8% | -516.4% |
| Free cash flow margin | 88.9% | 6.0% | 407.9% | 20.3% | 13.8% | 3.2% | 90.9% |
| Current ratio | 0.53 | 0.57 | 0.47 | 0.60 | - | - | - |
| Debt to equity | 4.29 | 3.05 | 3.88 | 3.00 | - | - | - |
Source: XBRL data Diversified Energy Company files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.