Diversified Energy (DEC) Tax Rate (2023 - 2026)
Diversified Energy's Tax Rate came in at 36.07% for Q2 2026, up 62.26 percentage points from -26.19% a year earlier but down 12.75 percentage points from the prior quarter.
Diversified Energy (DEC) Tax Rate (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Diversified Energy reported Tax Rate of -14.56%, up 256.17 percentage points year-over-year; for FY2025, it was -13.61%, up 43.36 percentage points from FY2024.
- Tax Rate carries a four-year change of +27.36 percentage points (FY2021 to FY2025).
- Going back by year, Tax Rate was -56.97% in FY2024 (-81.14 pp), 24.17% in FY2023 (+46.55 pp), -22.38% in FY2022 (+18.59 pp) and -40.97% in FY2021.
- The five-year range for quarterly Tax Rate is -47.85% (Q2 2023) to 155.38% (Q4 2024).
- Year-over-year, Tax Rate increased in three of the last six quarters, with an average year-over-year change of +1.66 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 129.71 percentage points), and the weakest in Q4 2025 (a drop of 156.68 percentage points).
- Business Quant data shows DEC's Tax Rate at 48.82% (Q1 2026), -1.30% (Q4 2025) and -15.38% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 18.22% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Diversified Energy | 968.74 Mn | 844.04 Mn | - | 36.07% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.07% |
| Sep 30, 2024 | 74.85% |
| Jun 30, 2024 | 42.41% |
| Mar 31, 2024 | 5.52% |
| Dec 31, 2023 | 25.68% |
| Mar 31, 2023 | 83.61% |
Diversified Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DEC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();