Diversified Energy Company PLC (DEC) 10-Year Financial Performance & Capital Metrics

DEC • • Industrial / General

EnergyOil & Gas EnergyNatural Gas-Focused E&PAppalachian Basin Gas Producers

AboutDiversified Energy Company PLC operates as an independent owner and operator of producing natural gas and oil wells primarily in the Appalachian Basin of the United States. The company is involved in the production, marketing, and transportation of natural gas, natural gas liquids, crude oil, and condensates. Its assets consist of natural gas wells and gathering systems located in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana. The company was formerly known as Diversified Gas & Oil PLC and changed its name to Diversified Energy Company PLC in May 2021. Diversified Energy Company PLC was founded in 2001 and is headquartered in Birmingham, Alabama.Show more

Revenue $795M -8.5%
EBITDA $213M -84.6%
Net Income -$88M -111.6%
EPS (Diluted) -1.86 -111.7%
Gross Margin 13.77% -41.1%
EBITDA Margin 26.86% -83.2%
Operating Margin -5.41% -104.0%
Net Margin -11.11% -112.7%
ROE -16.61% -105.0%
ROIC -1.57% -102.9%
Debt/Equity 3.74 +71.2%
Interest Coverage -0.31 -103.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 24.9%
✓FCF machine: 36.9% free cash flow margin
✓Strong 5Y sales CAGR of 11.4%
✓Trading at only 1.3x book value

✗Weaknesses

✗High debt to equity ratio of 3.7x
✗Weak Piotroski F-Score: 2/9
✗Thin 5Y average net margin of 0.9%
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y59.72%

5Y11.45%

3Y-6.65%

TTM-36.45%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM102.23%

EPS CAGR

10Y-

5Y-

3Y-

TTM104.3%

ROCE

10Y Avg14.23%

5Y Avg-1.51%

3Y Avg5.25%

Latest-1.42%

Peer Comparison

Appalachian Basin Gas Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DECDiversified Energy Company PLC	953.86M	12.44	-6.69	-8.46%	0.28%	0.73%	30.78%	3.74

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	6.3M	18.28M	41.78M	289.77M	462.26M	408.69M	977.04M	1.92B	868.26M	794.84M
Revenue Growth %	-0.14%	1.9%	1.29%	5.94%	0.6%	-0.12%	1.39%	0.96%	-0.55%	-0.08%
Cost of Goods Sold+	7.64M	16.81M	27.92M	51.17M	181.79M	321.25M	458.86M	668.15M	665.11M	685.39M
COGS % of Revenue	1.21%	0.92%	0.67%	0.18%	0.39%	0.79%	0.47%	0.35%	0.77%	0.86%
Gross Profit+	-1.33M	1.47M	13.86M	238.59M	280.46M	87.44M	515.35M	1.25B	203.16M	109.45M
Gross Margin %	-0.21%	0.08%	0.33%	0.82%	0.61%	0.21%	0.53%	0.65%	0.23%	0.14%
Gross Profit Growth %	-1.81%	2.1%	8.41%	16.22%	0.18%	-0.69%	4.89%	1.43%	-0.84%	-0.46%
Operating Expenses+	1.09M	2.5M	7.33M	126.59M	170.94M	64.68M	1.02B	1.92B	-957.9M	152.48M
OpEx % of Revenue	0.17%	0.14%	0.18%	0.44%	0.37%	0.16%	1.04%	1%	-1.1%	0.19%
Selling, General & Admin	472K	896K	2.14M	12.15M	20.47M	17.51M	24.77M	85.22M	17.79M	22.38M
SG&A % of Revenue	0.07%	0.05%	0.05%	0.04%	0.04%	0.04%	0.03%	0.04%	0.02%	0.03%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	617K	1.6M	5.83M	114.45M	150.47M	47.17M	990.99M	1.84B	-975.69M	130.11M
Operating Income+	4.63M	22.45M	16.19M	295M	107.05M	-77.57M	-467.06M	-671.4M	1.16B	-43.03M
Operating Margin %	0.73%	1.23%	0.39%	1.02%	0.23%	-0.19%	-0.48%	-0.35%	1.34%	-0.05%
Operating Income Growth %	0.74%	3.85%	-0.28%	17.22%	-0.64%	-1.72%	-5.02%	-0.44%	2.73%	-1.04%
EBITDA+	8.02M	26.49M	23.21M	336.99M	205.19M	39.72M	-299.42M	-449.15M	1.39B	213.46M
EBITDA Margin %	1.27%	1.45%	0.56%	1.16%	0.44%	0.1%	-0.31%	-0.23%	1.6%	0.27%
EBITDA Growth %	0.54%	2.3%	-0.12%	13.52%	-0.39%	-0.81%	-8.54%	-0.5%	4.08%	-0.85%
D&A (Non-Cash Add-back)	3.39M	4.04M	7.01M	41.99M	98.14M	117.29M	167.64M	222.26M	224.55M	256.48M
EBIT	2.76M	34.93M	33.48M	277.23M	168.03M	-94.02M	-500.34M	-698.76M	1.13B	-86.31M
Net Interest Income+	-3.18M	-3.29M	-5.22M	-17.66M	-36.54M	-43.86M	-51.09M	-102.18M	-134.17M	-137.64M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	3.18M	3.29M	5.22M	17.66M	36.54M	43.86M	51.09M	102.18M	134.17M	137.64M
Other Income/Expense	-5.04M	10.06M	-11.46M	-33.2M	0	-59.17M	-83.84M	-128.1M	-160.71M	-180.93M
Pretax Income+	-413K	32.51M	4.74M	261.8M	131.49M	-136.74M	-550.9M	-799.5M	1B	-223.95M
Pretax Margin %	-0.07%	1.78%	0.11%	0.9%	0.28%	-0.33%	-0.56%	-0.42%	1.15%	-0.28%
Income Tax+	0	14.83M	-4.14M	60.68M	32.09M	-113.27M	-225.69M	-178.9M	240.64M	-136.95M
Effective Tax Rate %	1%	0.54%	1.87%	0.77%	0.76%	0.17%	0.59%	0.78%	0.76%	0.39%
Net Income+	-413K	17.68M	8.88M	201.12M	99.4M	-23.47M	-325.21M	-625.41M	758.02M	-88.27M
Net Margin %	-0.07%	0.97%	0.21%	0.69%	0.22%	-0.06%	-0.33%	-0.33%	0.87%	-0.11%
Net Income Growth %	-0.74%	43.81%	-0.5%	21.66%	-0.51%	-1.24%	-12.85%	-0.92%	2.21%	-1.12%
Net Income (Continuing)	-413K	17.68M	27.45M	201.12M	99.4M	-23.47M	-325.21M	-620.6M	759.7M	-87M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	16.54M	14.96M	12.6M	11.88M
EPS (Diluted)+	-0.21	8.42	1.48	10.37	2.42	-0.69	-8.20	-14.82	15.95	-1.86
EPS Growth %	-	41.1%	-0.82%	6.01%	-0.77%	-1.29%	-10.88%	-0.81%	2.08%	-1.12%
EPS (Basic)	-0.21	8.42	1.48	10.41	2.43	-0.69	-8.20	-14.82	16.07	-1.87
Diluted Shares Outstanding	2M	2.1M	6.01M	19.4M	32.24M	34.26M	39.68M	42.2M	47.51M	47.56M
Basic Shares Outstanding	2M	2.1M	6.01M	19.33M	32.08M	34.26M	39.68M	42.2M	47.16M	47.2M
Dividend Payout Ratio	-	0.05%	0.65%	0.16%	0.83%	-	-	-	0.22%	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.91M	4.62M	29.6M	111.6M	160.36M	94.47M	337.14M	354.22M	304.6M	304.26M
Cash & Short-Term Investments	90K	224K	15.17M	1.37M	1.66M	1.38M	12.56M	7.33M	3.75M	5.99M
Cash Only	90K	224K	15.17M	1.37M	1.66M	1.38M	12.56M	7.33M	3.75M	5.99M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.34M	3.08M	13.92M	78.45M	73.92M	66.99M	282.92M	296.78M	190.21M	234.42M
Days Sales Outstanding	77.88	61.58	121.59	98.82	58.37	59.83	105.69	56.44	79.96	107.65
Inventory	431K	0	0	5.3M	5.16M	6.32M	9.44M	9.23M	7.83M	9.59M
Days Inventory Outstanding	20.59	-	-	37.82	10.37	7.17	7.51	5.04	4.3	5.11
Other Current Assets	60K	1.31M	744K	23.47M	75.3M	18.11M	27.09M	35.63M	98.85M	45.19M
Total Non-Current Assets+	44.58M	81.26M	199.09M	1.45B	1.85B	2.2B	3.16B	3.48B	3.17B	3.7B
Property, Plant & Equipment	44.46M	80.14M	197.31M	1.42B	1.83B	2.14B	2.94B	3.02B	2.95B	3.36B
Fixed Asset Turnover	0.14x	0.23x	0.21x	0.20x	0.25x	0.19x	0.33x	0.64x	0.29x	0.24x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	15.98M	19.21M	14.13M	21.1M	19.35M	15.18M
Long-Term Investments	0	0	0	0	0	22.65M	18.29M	61.76M	7.5M	5.57M
Other Non-Current Assets	115K	1.11M	1.78M	27.66M	-3.15M	2.38M	3.63M	4.02M	195.99M	63.99M
Total Assets+	46.49M	85.88M	228.68M	1.56B	2.01B	2.29B	3.49B	3.83B	3.47B	4B
Asset Turnover	0.14x	0.21x	0.18x	0.19x	0.23x	0.18x	0.28x	0.50x	0.25x	0.20x
Asset Growth %	0.35%	0.85%	1.66%	5.81%	0.29%	0.14%	0.53%	0.1%	-0.09%	0.15%
Total Current Liabilities+	25.98M	38.5M	15.35M	64.31M	126.86M	196.51M	773.6M	1.13B	638.44M	759.96M
Accounts Payable	1.61M	3.44M	2.13M	9.38M	16.7M	19.22M	61.61M	90.44M	49.49M	209.46M
Days Payables Outstanding	76.93	74.69	27.87	66.92	33.53	21.84	49.01	49.4	27.16	111.55
Short-Term Debt	22.82M	30.68M	373K	286K	23.72M	64.96M	58.82M	271.1M	200.82M	209.46M
Deferred Revenue (Current)	801K	1000K	0	1000K	0	1000K	0	0	0	0
Other Current Liabilities	1.44M	971K	10.22M	18.09M	61.99M	14.24M	503.89M	620.75M	277.85M	290.64M
Current Ratio	0.07x	0.12x	1.93x	1.74x	1.26x	0.48x	0.44x	0.31x	0.48x	0.40x
Quick Ratio	0.06x	0.12x	1.93x	1.65x	1.22x	0.45x	0.42x	0.30x	0.46x	0.39x
Cash Conversion Cycle	21.54	-	-	69.72	35.21	45.17	64.2	12.07	57.1	1.21
Total Non-Current Liabilities+	29.32M	38.21M	123.68M	743.8M	940.95M	1.21B	2.06B	2.84B	2.24B	2.78B
Long-Term Debt	20.11M	10.11M	70.62M	482.53M	598.78M	652.28M	951.53M	1.17B	1.08B	1.48B
Capital Lease Obligations	58K	274K	836K	2.69M	1.01M	13.87M	18.18M	19.57M	20.56M	30.82M
Deferred Tax Liabilities	0	15.15M	11.01M	97.17M	126.25M	17.58M	0	12.49M	13.65M	8.01M
Other Non-Current Liabilities	9.15M	15.56M	16.77M	118.39M	0	523.79M	1.09B	1.65B	1.13B	1.26B
Total Liabilities	55.3M	76.71M	139.02M	808.11M	1.07B	1.4B	2.83B	3.97B	2.88B	3.54B
Total Debt+	43.11M	37.74M	72.15M	486.35M	624.31M	736.12M	1.04B	1.47B	1.31B	1.74B
Net Debt	43.02M	37.51M	56.98M	484.98M	622.65M	734.74M	1.03B	1.46B	1.3B	1.73B
Debt / Equity	-	4.12x	0.80x	0.65x	0.67x	0.83x	1.56x	-	2.19x	3.74x
Debt / EBITDA	5.38x	1.42x	3.11x	1.44x	3.04x	18.53x	-	-	0.94x	8.14x
Net Debt / EBITDA	5.36x	1.42x	2.46x	1.44x	3.03x	18.50x	-	-	0.94x	8.11x
Interest Coverage	1.46x	6.82x	3.10x	16.70x	2.93x	-1.77x	-9.14x	-6.57x	8.65x	-0.31x
Total Equity+	-8.82M	9.16M	89.66M	748.86M	938.13M	886.66M	663.95M	-137.72M	598.41M	464.56M
Equity Growth %	-0.2%	2.04%	8.79%	7.35%	0.25%	-0.05%	-0.25%	-1.21%	5.34%	-0.22%
Book Value per Share	-4.40	4.36	14.91	38.61	29.10	25.88	16.73	-3.26	12.59	9.77
Total Shareholders' Equity	-8.82M	9.16M	89.66M	748.86M	938.13M	886.66M	647.41M	-152.69M	585.81M	452.68M
Common Stock	630K	669K	1.94M	7.35M	8.8M	9.52M	11.57M	11.5M	12.9M	13.76M
Retained Earnings	-8.97M	8.66M	12.11M	200.5M	164.84M	27.18M	-362.74M	-1.13B	-547.25M	-724.96M
Treasury Stock	0	0	-419K	0	0	0	-68.54M	-100.83M	-102.47M	-119.01M
Accumulated OCI	-478K	-478K	-419K	364K	3.95M	8.8M	14.16M	17.65M	14.44M	20.17M
Minority Interest	0	0	0	0	0	0	16.54M	14.96M	12.6M	11.88M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.93M	5.13M	6.92M	87.73M	279.16M	241.71M	320.18M	387.76M	410.13M	345.66M
Operating CF Margin %	-0.62%	0.28%	0.17%	0.3%	0.6%	0.59%	0.33%	0.2%	0.47%	0.43%
Operating CF Growth %	-3.56%	2.3%	0.35%	11.67%	2.18%	-0.13%	0.32%	0.21%	0.06%	-0.16%
Net Income	-396K	17.68M	8.88M	201.12M	99.4M	-23.47M	-325.21M	-620.6M	758.02M	-87M
Depreciation & Amortization	3.39M	4.04M	7.01M	41.99M	98.14M	117.29M	167.64M	222.26M	224.55M	256.48M
Stock-Based Compensation	0	340K	59K	783K	3.06M	5.01M	7.4M	8.05M	6.49M	8.29M
Deferred Taxes	0	1.52M	-1.84M	32.19M	9.28M	110.87M	403.75M	0	0	0
Other Non-Cash Items	-5.7M	-20.2M	-5.33M	-148.63M	47.49M	42.15M	25.91M	639.32M	-495.39M	201.26M
Working Capital Changes	-1.22M	1.75M	-1.85M	-39.71M	21.79M	-10.13M	40.68M	138.74M	-83.53M	-33.36M
Change in Receivables	-158K	-907K	-11.46M	-41.23M	4.53M	2.39M	-126.96M	13.76M	104.57M	-27.55M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	-3.65M	-9.21M	-93.09M	-766.85M	-466.89M	-256.86M	-625.87M	-386.46M	-239.37M	-272.92M
Capital Expenditures	-3.73M	-9.3M	-90.22M	-18.52M	-32.31M	-24.85M	-50.17M	-86.08M	-74.25M	-52.1M
CapEx % of Revenue	0.59%	0.51%	2.16%	0.06%	0.07%	0.06%	0.05%	0.04%	0.09%	0.07%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	80K	91K	-2.87M	1.92M	4.7M	4.55M	-76.97M	12.19M	1.46M	8.63M
Cash from Financing+	7.64M	4.21M	101.11M	665.32M	188.02M	15.76M	316.87M	-6.54M	-174.34M	-70.51M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-2.4M	-956K	-5.78M	-31.31M	-82.15M	-98.53M	-130.24M	-143.46M	-168.04M	-83.86M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2.9M	-2.95M	-2.58M	-29.3M	-46.01M	-50.16M	-60.48M	-276.26M	27.6M	-155.04M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.66M	-4.17M	-83.3M	69.22M	246.84M	216.86M	270.01M	301.69M	335.88M	293.56M
FCF Margin %	-1.22%	-0.23%	-1.99%	0.24%	0.53%	0.53%	0.28%	0.16%	0.39%	0.37%
FCF Growth %	-7.82%	0.46%	-18.97%	1.83%	2.57%	-0.12%	0.25%	0.12%	0.11%	-0.13%
FCF per Share	-3.82	-1.99	-13.85	3.57	7.66	6.33	6.81	7.15	7.07	6.17
FCF Conversion (FCF/Net Income)	9.52x	0.29x	0.78x	0.44x	2.81x	-10.30x	-0.98x	-0.62x	0.54x	-3.92x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	10250.43%	17.96%	47.97%	11.78%	-2.57%	-41.95%	-237.7%	329.08%	-16.61%
Return on Invested Capital (ROIC)	11.35%	41.64%	12.57%	32.05%	5.75%	-3.66%	-21.16%	-33.42%	53.98%	-1.57%
Gross Margin	-21.18%	8.06%	33.17%	82.34%	60.67%	21.39%	52.75%	65.19%	23.4%	13.77%
Net Margin	-6.55%	96.73%	21.24%	69.41%	21.5%	-5.74%	-33.28%	-32.58%	87.3%	-11.11%
Debt / Equity	-	4.12x	0.80x	0.65x	0.67x	0.83x	1.56x	-	2.19x	3.74x
Interest Coverage	1.46x	6.82x	3.10x	16.70x	2.93x	-1.77x	-9.14x	-6.57x	8.65x	-0.31x
FCF Conversion	9.52x	0.29x	0.78x	0.44x	2.81x	-10.30x	-0.98x	-0.62x	0.54x	-3.92x
Revenue Growth	-14.32%	189.96%	128.55%	593.61%	59.53%	-11.59%	139.07%	96.44%	-54.76%	-8.46%

Revenue by Segment

	2024
Natural Gas	464.6M
Natural Gas Growth	-
Midstream	32.53M
Midstream Growth	-
Other	30.05M
Other Growth	-
Other Revenue	13.74M
Other Revenue Growth	-

Frequently Asked Questions

Growth & Financials

Diversified Energy Company PLC (DEC) reported $1.88B in revenue for fiscal year 2024. This represents a 36347% increase from $5.2M in 2013.

Diversified Energy Company PLC (DEC) saw revenue decline by 8.5% over the past year.

Yes, Diversified Energy Company PLC (DEC) is profitable, generating $5.3M in net income for fiscal year 2024 (-11.1% net margin).

Dividend & Returns

Yes, Diversified Energy Company PLC (DEC) pays a dividend with a yield of 14.17%. This makes it attractive for income-focused investors.

Diversified Energy Company PLC (DEC) has a return on equity (ROE) of -16.6%. Negative ROE indicates the company is unprofitable.

Diversified Energy Company PLC (DEC) generated $614.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Diversified Energy Company PLC (DEC) 10-Year Financial Performance & Capital Metrics

DEC • • Industrial / General

EnergyOil & Gas EnergyNatural Gas-Focused E&PAppalachian Basin Gas Producers

Revenue $795M -8.5%
EBITDA $213M -84.6%
Net Income -$88M -111.6%
EPS (Diluted) -1.86 -111.7%
Gross Margin 13.77% -41.1%
EBITDA Margin 26.86% -83.2%
Operating Margin -5.41% -104.0%
Net Margin -11.11% -112.7%
ROE -16.61% -105.0%
ROIC -1.57% -102.9%
Debt/Equity 3.74 +71.2%
Interest Coverage -0.31 -103.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 24.9%
✓FCF machine: 36.9% free cash flow margin
✓Strong 5Y sales CAGR of 11.4%
✓Trading at only 1.3x book value

✗Weaknesses

✗High debt to equity ratio of 3.7x
✗Weak Piotroski F-Score: 2/9
✗Thin 5Y average net margin of 0.9%
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y59.72%

5Y11.45%

3Y-6.65%

TTM-36.45%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM102.23%

EPS CAGR

10Y-

5Y-

3Y-

TTM104.3%

ROCE

10Y Avg14.23%

5Y Avg-1.51%

3Y Avg5.25%

Latest-1.42%

Peer Comparison

Appalachian Basin Gas Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DECDiversified Energy Company PLC	953.86M	12.44	-6.69	-8.46%	0.28%	0.73%	30.78%	3.74

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	6.3M	18.28M	41.78M	289.77M	462.26M	408.69M	977.04M	1.92B	868.26M	794.84M
Revenue Growth %	-0.14%	1.9%	1.29%	5.94%	0.6%	-0.12%	1.39%	0.96%	-0.55%	-0.08%
Cost of Goods Sold+	7.64M	16.81M	27.92M	51.17M	181.79M	321.25M	458.86M	668.15M	665.11M	685.39M
COGS % of Revenue	1.21%	0.92%	0.67%	0.18%	0.39%	0.79%	0.47%	0.35%	0.77%	0.86%
Gross Profit+	-1.33M	1.47M	13.86M	238.59M	280.46M	87.44M	515.35M	1.25B	203.16M	109.45M
Gross Margin %	-0.21%	0.08%	0.33%	0.82%	0.61%	0.21%	0.53%	0.65%	0.23%	0.14%
Gross Profit Growth %	-1.81%	2.1%	8.41%	16.22%	0.18%	-0.69%	4.89%	1.43%	-0.84%	-0.46%
Operating Expenses+	1.09M	2.5M	7.33M	126.59M	170.94M	64.68M	1.02B	1.92B	-957.9M	152.48M
OpEx % of Revenue	0.17%	0.14%	0.18%	0.44%	0.37%	0.16%	1.04%	1%	-1.1%	0.19%
Selling, General & Admin	472K	896K	2.14M	12.15M	20.47M	17.51M	24.77M	85.22M	17.79M	22.38M
SG&A % of Revenue	0.07%	0.05%	0.05%	0.04%	0.04%	0.04%	0.03%	0.04%	0.02%	0.03%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	617K	1.6M	5.83M	114.45M	150.47M	47.17M	990.99M	1.84B	-975.69M	130.11M
Operating Income+	4.63M	22.45M	16.19M	295M	107.05M	-77.57M	-467.06M	-671.4M	1.16B	-43.03M
Operating Margin %	0.73%	1.23%	0.39%	1.02%	0.23%	-0.19%	-0.48%	-0.35%	1.34%	-0.05%
Operating Income Growth %	0.74%	3.85%	-0.28%	17.22%	-0.64%	-1.72%	-5.02%	-0.44%	2.73%	-1.04%
EBITDA+	8.02M	26.49M	23.21M	336.99M	205.19M	39.72M	-299.42M	-449.15M	1.39B	213.46M
EBITDA Margin %	1.27%	1.45%	0.56%	1.16%	0.44%	0.1%	-0.31%	-0.23%	1.6%	0.27%
EBITDA Growth %	0.54%	2.3%	-0.12%	13.52%	-0.39%	-0.81%	-8.54%	-0.5%	4.08%	-0.85%
D&A (Non-Cash Add-back)	3.39M	4.04M	7.01M	41.99M	98.14M	117.29M	167.64M	222.26M	224.55M	256.48M
EBIT	2.76M	34.93M	33.48M	277.23M	168.03M	-94.02M	-500.34M	-698.76M	1.13B	-86.31M
Net Interest Income+	-3.18M	-3.29M	-5.22M	-17.66M	-36.54M	-43.86M	-51.09M	-102.18M	-134.17M	-137.64M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	3.18M	3.29M	5.22M	17.66M	36.54M	43.86M	51.09M	102.18M	134.17M	137.64M
Other Income/Expense	-5.04M	10.06M	-11.46M	-33.2M	0	-59.17M	-83.84M	-128.1M	-160.71M	-180.93M
Pretax Income+	-413K	32.51M	4.74M	261.8M	131.49M	-136.74M	-550.9M	-799.5M	1B	-223.95M
Pretax Margin %	-0.07%	1.78%	0.11%	0.9%	0.28%	-0.33%	-0.56%	-0.42%	1.15%	-0.28%
Income Tax+	0	14.83M	-4.14M	60.68M	32.09M	-113.27M	-225.69M	-178.9M	240.64M	-136.95M
Effective Tax Rate %	1%	0.54%	1.87%	0.77%	0.76%	0.17%	0.59%	0.78%	0.76%	0.39%
Net Income+	-413K	17.68M	8.88M	201.12M	99.4M	-23.47M	-325.21M	-625.41M	758.02M	-88.27M
Net Margin %	-0.07%	0.97%	0.21%	0.69%	0.22%	-0.06%	-0.33%	-0.33%	0.87%	-0.11%
Net Income Growth %	-0.74%	43.81%	-0.5%	21.66%	-0.51%	-1.24%	-12.85%	-0.92%	2.21%	-1.12%
Net Income (Continuing)	-413K	17.68M	27.45M	201.12M	99.4M	-23.47M	-325.21M	-620.6M	759.7M	-87M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	16.54M	14.96M	12.6M	11.88M
EPS (Diluted)+	-0.21	8.42	1.48	10.37	2.42	-0.69	-8.20	-14.82	15.95	-1.86
EPS Growth %	-	41.1%	-0.82%	6.01%	-0.77%	-1.29%	-10.88%	-0.81%	2.08%	-1.12%
EPS (Basic)	-0.21	8.42	1.48	10.41	2.43	-0.69	-8.20	-14.82	16.07	-1.87
Diluted Shares Outstanding	2M	2.1M	6.01M	19.4M	32.24M	34.26M	39.68M	42.2M	47.51M	47.56M
Basic Shares Outstanding	2M	2.1M	6.01M	19.33M	32.08M	34.26M	39.68M	42.2M	47.16M	47.2M
Dividend Payout Ratio	-	0.05%	0.65%	0.16%	0.83%	-	-	-	0.22%	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.91M	4.62M	29.6M	111.6M	160.36M	94.47M	337.14M	354.22M	304.6M	304.26M
Cash & Short-Term Investments	90K	224K	15.17M	1.37M	1.66M	1.38M	12.56M	7.33M	3.75M	5.99M
Cash Only	90K	224K	15.17M	1.37M	1.66M	1.38M	12.56M	7.33M	3.75M	5.99M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.34M	3.08M	13.92M	78.45M	73.92M	66.99M	282.92M	296.78M	190.21M	234.42M
Days Sales Outstanding	77.88	61.58	121.59	98.82	58.37	59.83	105.69	56.44	79.96	107.65
Inventory	431K	0	0	5.3M	5.16M	6.32M	9.44M	9.23M	7.83M	9.59M
Days Inventory Outstanding	20.59	-	-	37.82	10.37	7.17	7.51	5.04	4.3	5.11
Other Current Assets	60K	1.31M	744K	23.47M	75.3M	18.11M	27.09M	35.63M	98.85M	45.19M
Total Non-Current Assets+	44.58M	81.26M	199.09M	1.45B	1.85B	2.2B	3.16B	3.48B	3.17B	3.7B
Property, Plant & Equipment	44.46M	80.14M	197.31M	1.42B	1.83B	2.14B	2.94B	3.02B	2.95B	3.36B
Fixed Asset Turnover	0.14x	0.23x	0.21x	0.20x	0.25x	0.19x	0.33x	0.64x	0.29x	0.24x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	15.98M	19.21M	14.13M	21.1M	19.35M	15.18M
Long-Term Investments	0	0	0	0	0	22.65M	18.29M	61.76M	7.5M	5.57M
Other Non-Current Assets	115K	1.11M	1.78M	27.66M	-3.15M	2.38M	3.63M	4.02M	195.99M	63.99M
Total Assets+	46.49M	85.88M	228.68M	1.56B	2.01B	2.29B	3.49B	3.83B	3.47B	4B
Asset Turnover	0.14x	0.21x	0.18x	0.19x	0.23x	0.18x	0.28x	0.50x	0.25x	0.20x
Asset Growth %	0.35%	0.85%	1.66%	5.81%	0.29%	0.14%	0.53%	0.1%	-0.09%	0.15%
Total Current Liabilities+	25.98M	38.5M	15.35M	64.31M	126.86M	196.51M	773.6M	1.13B	638.44M	759.96M
Accounts Payable	1.61M	3.44M	2.13M	9.38M	16.7M	19.22M	61.61M	90.44M	49.49M	209.46M
Days Payables Outstanding	76.93	74.69	27.87	66.92	33.53	21.84	49.01	49.4	27.16	111.55
Short-Term Debt	22.82M	30.68M	373K	286K	23.72M	64.96M	58.82M	271.1M	200.82M	209.46M
Deferred Revenue (Current)	801K	1000K	0	1000K	0	1000K	0	0	0	0
Other Current Liabilities	1.44M	971K	10.22M	18.09M	61.99M	14.24M	503.89M	620.75M	277.85M	290.64M
Current Ratio	0.07x	0.12x	1.93x	1.74x	1.26x	0.48x	0.44x	0.31x	0.48x	0.40x
Quick Ratio	0.06x	0.12x	1.93x	1.65x	1.22x	0.45x	0.42x	0.30x	0.46x	0.39x
Cash Conversion Cycle	21.54	-	-	69.72	35.21	45.17	64.2	12.07	57.1	1.21
Total Non-Current Liabilities+	29.32M	38.21M	123.68M	743.8M	940.95M	1.21B	2.06B	2.84B	2.24B	2.78B
Long-Term Debt	20.11M	10.11M	70.62M	482.53M	598.78M	652.28M	951.53M	1.17B	1.08B	1.48B
Capital Lease Obligations	58K	274K	836K	2.69M	1.01M	13.87M	18.18M	19.57M	20.56M	30.82M
Deferred Tax Liabilities	0	15.15M	11.01M	97.17M	126.25M	17.58M	0	12.49M	13.65M	8.01M
Other Non-Current Liabilities	9.15M	15.56M	16.77M	118.39M	0	523.79M	1.09B	1.65B	1.13B	1.26B
Total Liabilities	55.3M	76.71M	139.02M	808.11M	1.07B	1.4B	2.83B	3.97B	2.88B	3.54B
Total Debt+	43.11M	37.74M	72.15M	486.35M	624.31M	736.12M	1.04B	1.47B	1.31B	1.74B
Net Debt	43.02M	37.51M	56.98M	484.98M	622.65M	734.74M	1.03B	1.46B	1.3B	1.73B
Debt / Equity	-	4.12x	0.80x	0.65x	0.67x	0.83x	1.56x	-	2.19x	3.74x
Debt / EBITDA	5.38x	1.42x	3.11x	1.44x	3.04x	18.53x	-	-	0.94x	8.14x
Net Debt / EBITDA	5.36x	1.42x	2.46x	1.44x	3.03x	18.50x	-	-	0.94x	8.11x
Interest Coverage	1.46x	6.82x	3.10x	16.70x	2.93x	-1.77x	-9.14x	-6.57x	8.65x	-0.31x
Total Equity+	-8.82M	9.16M	89.66M	748.86M	938.13M	886.66M	663.95M	-137.72M	598.41M	464.56M
Equity Growth %	-0.2%	2.04%	8.79%	7.35%	0.25%	-0.05%	-0.25%	-1.21%	5.34%	-0.22%
Book Value per Share	-4.40	4.36	14.91	38.61	29.10	25.88	16.73	-3.26	12.59	9.77
Total Shareholders' Equity	-8.82M	9.16M	89.66M	748.86M	938.13M	886.66M	647.41M	-152.69M	585.81M	452.68M
Common Stock	630K	669K	1.94M	7.35M	8.8M	9.52M	11.57M	11.5M	12.9M	13.76M
Retained Earnings	-8.97M	8.66M	12.11M	200.5M	164.84M	27.18M	-362.74M	-1.13B	-547.25M	-724.96M
Treasury Stock	0	0	-419K	0	0	0	-68.54M	-100.83M	-102.47M	-119.01M
Accumulated OCI	-478K	-478K	-419K	364K	3.95M	8.8M	14.16M	17.65M	14.44M	20.17M
Minority Interest	0	0	0	0	0	0	16.54M	14.96M	12.6M	11.88M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.93M	5.13M	6.92M	87.73M	279.16M	241.71M	320.18M	387.76M	410.13M	345.66M
Operating CF Margin %	-0.62%	0.28%	0.17%	0.3%	0.6%	0.59%	0.33%	0.2%	0.47%	0.43%
Operating CF Growth %	-3.56%	2.3%	0.35%	11.67%	2.18%	-0.13%	0.32%	0.21%	0.06%	-0.16%
Net Income	-396K	17.68M	8.88M	201.12M	99.4M	-23.47M	-325.21M	-620.6M	758.02M	-87M
Depreciation & Amortization	3.39M	4.04M	7.01M	41.99M	98.14M	117.29M	167.64M	222.26M	224.55M	256.48M
Stock-Based Compensation	0	340K	59K	783K	3.06M	5.01M	7.4M	8.05M	6.49M	8.29M
Deferred Taxes	0	1.52M	-1.84M	32.19M	9.28M	110.87M	403.75M	0	0	0
Other Non-Cash Items	-5.7M	-20.2M	-5.33M	-148.63M	47.49M	42.15M	25.91M	639.32M	-495.39M	201.26M
Working Capital Changes	-1.22M	1.75M	-1.85M	-39.71M	21.79M	-10.13M	40.68M	138.74M	-83.53M	-33.36M
Change in Receivables	-158K	-907K	-11.46M	-41.23M	4.53M	2.39M	-126.96M	13.76M	104.57M	-27.55M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	-3.65M	-9.21M	-93.09M	-766.85M	-466.89M	-256.86M	-625.87M	-386.46M	-239.37M	-272.92M
Capital Expenditures	-3.73M	-9.3M	-90.22M	-18.52M	-32.31M	-24.85M	-50.17M	-86.08M	-74.25M	-52.1M
CapEx % of Revenue	0.59%	0.51%	2.16%	0.06%	0.07%	0.06%	0.05%	0.04%	0.09%	0.07%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	80K	91K	-2.87M	1.92M	4.7M	4.55M	-76.97M	12.19M	1.46M	8.63M
Cash from Financing+	7.64M	4.21M	101.11M	665.32M	188.02M	15.76M	316.87M	-6.54M	-174.34M	-70.51M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-2.4M	-956K	-5.78M	-31.31M	-82.15M	-98.53M	-130.24M	-143.46M	-168.04M	-83.86M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2.9M	-2.95M	-2.58M	-29.3M	-46.01M	-50.16M	-60.48M	-276.26M	27.6M	-155.04M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-7.66M	-4.17M	-83.3M	69.22M	246.84M	216.86M	270.01M	301.69M	335.88M	293.56M
FCF Margin %	-1.22%	-0.23%	-1.99%	0.24%	0.53%	0.53%	0.28%	0.16%	0.39%	0.37%
FCF Growth %	-7.82%	0.46%	-18.97%	1.83%	2.57%	-0.12%	0.25%	0.12%	0.11%	-0.13%
FCF per Share	-3.82	-1.99	-13.85	3.57	7.66	6.33	6.81	7.15	7.07	6.17
FCF Conversion (FCF/Net Income)	9.52x	0.29x	0.78x	0.44x	2.81x	-10.30x	-0.98x	-0.62x	0.54x	-3.92x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	10250.43%	17.96%	47.97%	11.78%	-2.57%	-41.95%	-237.7%	329.08%	-16.61%
Return on Invested Capital (ROIC)	11.35%	41.64%	12.57%	32.05%	5.75%	-3.66%	-21.16%	-33.42%	53.98%	-1.57%
Gross Margin	-21.18%	8.06%	33.17%	82.34%	60.67%	21.39%	52.75%	65.19%	23.4%	13.77%
Net Margin	-6.55%	96.73%	21.24%	69.41%	21.5%	-5.74%	-33.28%	-32.58%	87.3%	-11.11%
Debt / Equity	-	4.12x	0.80x	0.65x	0.67x	0.83x	1.56x	-	2.19x	3.74x
Interest Coverage	1.46x	6.82x	3.10x	16.70x	2.93x	-1.77x	-9.14x	-6.57x	8.65x	-0.31x
FCF Conversion	9.52x	0.29x	0.78x	0.44x	2.81x	-10.30x	-0.98x	-0.62x	0.54x	-3.92x
Revenue Growth	-14.32%	189.96%	128.55%	593.61%	59.53%	-11.59%	139.07%	96.44%	-54.76%	-8.46%

Revenue by Segment

	2024
Natural Gas	464.6M
Natural Gas Growth	-
Midstream	32.53M
Midstream Growth	-
Other	30.05M
Other Growth	-
Other Revenue	13.74M
Other Revenue Growth	-

Frequently Asked Questions

Growth & Financials

Diversified Energy Company PLC (DEC) reported $1.88B in revenue for fiscal year 2024. This represents a 36347% increase from $5.2M in 2013.

Diversified Energy Company PLC (DEC) saw revenue decline by 8.5% over the past year.

Yes, Diversified Energy Company PLC (DEC) is profitable, generating $5.3M in net income for fiscal year 2024 (-11.1% net margin).

Dividend & Returns

Yes, Diversified Energy Company PLC (DEC) pays a dividend with a yield of 14.17%. This makes it attractive for income-focused investors.

Diversified Energy Company PLC (DEC) has a return on equity (ROE) of -16.6%. Negative ROE indicates the company is unprofitable.

Diversified Energy Company PLC (DEC) generated $614.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.