DCC plc (DCC) AI Stock Analysis

• Market Cap: £4.43B
• Dividend Yield: 4.43%
• Average Volume (3M): 318.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: -17.89%
• EPS Growth: -122.62%
• Country: UK
• Employees: 16,700
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 1.30
• Shares Outstanding: 85,423,096
• 10 Day Avg. Volume: 206,953
• 30 Day Avg. Volume: 318,038
• PEG Ratio: -7.36
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 11.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £5,731.60
• Price Target Upside: 10.54% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 4.32
• Revenue Forecast (FY): £16.05B

• Rating: 71 Outperform
• Price Target: 4,944.00p ▼(-4.65% Downside)
• Action: Upgraded Date: 12/07/25
• Date: Action: Upgraded 12/07/25

DCC plc's overall stock score reflects a solid financial foundation with stable cash flows and strategic initiatives to enhance shareholder value. However, challenges in profitability and revenue growth, coupled with a negative P/E ratio, weigh on the score. Positive technical indicators and corporate actions provide a supportive backdrop for potential future performance.

Positive Factors

Diversified essential-services model

DCC's multi-sector footprint across energy distribution, IT resale/managed services, healthcare distribution and environmental services provides durable demand diversification. Essential-service exposure smooths cyclicality, enables cross-selling and supports stable revenue bases over the medium term.

Strong cash generation and conversion

Despite declines, DCC converts a high proportion of earnings into cash and maintains healthy operating cash flow. Robust cash generation funds acquisitions, capital returns and reinvestment, giving structural flexibility to pursue strategic simplification and support shareholder returns.

Strategic simplification and disciplined capital returns

Management has executed portfolio simplification and large capital returns while preserving an investment-grade balance sheet. This signals disciplined capital allocation and a sharper focus on higher-return energy businesses, structurally improving potential ROIC and shareholder alignment.

Negative Factors

Sustained revenue decline

Material top-line contraction over two years reduces scale advantages and pressures long-term growth. Persistent revenue erosion risks lower operating leverage, constrains reinvestment capacity, and makes achieving stated organic growth targets and long-term earnings ambitions more challenging.

Margin and profitability pressure

Declining net profit and falling operating margins indicate structural margin pressure from lower volumes, commodity headwinds and weak technology demand. Sustained margin compression undermines ROE and free cash flow potential, making long-term return targets harder without structural fixes.

Moderate leverage limits flexibility

A debt/equity around 0.74 denotes moderate leverage that, combined with falling profits, raises refinancing and covenant risk over time. This constrains strategic optionality for larger acquisitions or sustained buybacks if earnings recovery lags, requiring careful balance-sheet management.

DCC plc Business Overview & Revenue Model

Company Description

DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas. Its DCC Retail & Oil segment markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides inbound logistics, storage and filling, and outbound logistics services. This segment serves domestic, agricultural, commercial/industrial, forecourt, aviation, and marine customers. The company's DCC Healthcare segment offers products and services to healthcare providers, and health and beauty brand owners; outsourced contract manufacturing services to the health and beauty sector; nutrition products, such as vitamins and health supplements; beauty products; and product development, formulation, manufacturing, and packaging services. In addition, this segment procures and sells exempt medicinal products. Its DCC Technology segment distributes consumer technology products, including smart home products, gaming consoles, peripherals and software, wearable technology, and accessories; business and enterprise technology products, such as tablets, notebooks, and PCs; networking and security products; communication products comprising smartphones; and servers and storage products, audio visual products, printers, peripherals, cables and connectors, and consumables to retailers, resellers, and integrators. It also provides supply chain services. The company was founded in 1976 and is headquartered in Dublin, Ireland.

How the Company Makes Money

DCC generates revenue through multiple streams, primarily by providing essential services in its core sectors. In the energy division, the company earns money by distributing fuel and energy products to customers, including retail outlets and commercial businesses. The technology segment contributes to revenue through the resale of IT products and services, as well as managed services tailored to client needs. In healthcare, DCC profits from the distribution of medical equipment and pharmaceuticals to hospitals and clinics. Additionally, in the environmental sector, the company offers waste management and recycling services, which add to its revenue. Key partnerships with suppliers and manufacturers enhance DCC's ability to deliver competitive pricing and comprehensive service packages, further solidifying its market position and contributing to its overall earnings.

DCC plc Financial Statement Overview

Summary

DCC plc demonstrates stable cost management but faces challenges in revenue and profit growth. The balance sheet reflects moderate leverage, which requires careful management to mitigate financial risks. Cash flows remain healthy, providing a buffer against declining profits. Strategic focus on improving operational efficiency and exploring growth avenues could enhance financial performance.

Income Statement

DCC plc's revenue has shown volatility with a slight decline in recent years, decreasing from 22.2 billion in 2023 to 18 billion in 2025. The gross profit margin remains stable at around 13%, indicating efficient cost management. However, net profit margin has declined, with a noticeable drop in net income from 334 million in 2023 to 206 million in 2025, reflecting challenges in translating revenue to profit. EBIT and EBITDA margins have also seen a downward trend, suggesting pressure on operational efficiency.

Balance Sheet

The balance sheet shows a stable equity base, but a debt-to-equity ratio of around 0.74 indicates moderate leverage, which could pose risks if profitability continues to decline. The equity ratio stands at approximately 33%, showing a decent proportion of funding from equity. Return on equity has decreased from 11.2% in 2023 to 6.7% in 2025, highlighting reduced profitability on shareholders' investments.

Cash Flow

DCC plc's cash flow from operations remains strong, albeit with a decrease from 722 million in 2024 to 582 million in 2025. Free cash flow has declined over the years, but the company maintains a positive free cash flow to net income ratio, suggesting good cash generation relative to earnings. However, the free cash flow growth rate has been negative, indicating challenges in generating cash sustainably.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	16.07B	18.01B	19.86B	17.73B	13.41B	14.76B
Gross Profit	2.03B	2.40B	2.60B	2.04B	1.82B	1.74B
EBITDA	633.78M	785.73M	882.88M	770.47M	707.32M	640.99M
Net Income	-73.31M	206.49M	326.25M	312.37M	292.62M	245.51M
Balance Sheet
Total Assets	8.23B	9.26B	9.48B	9.56B	8.03B	7.92B
Cash, Cash Equivalents and Short-Term Investments	1.33B	1.09B	1.11B	1.39B	1.79B	1.79B
Total Debt	2.22B	2.28B	2.31B	2.34B	2.09B	2.39B
Total Liabilities	5.52B	6.09B	6.30B	6.59B	5.33B	5.38B
Stockholders Equity	2.61B	3.07B	3.09B	2.91B	2.65B	2.49B
Cash Flow
Free Cash Flow	413.75M	367.73M	491.67M	257.42M	564.89M	348.09M
Operating Cash Flow	628.26M	582.03M	722.02M	451.77M	727.77M	529.11M
Investing Cash Flow	603.76M	-338.14M	-525.29M	-867.43M	-391.52M	-319.50M
Financing Cash Flow	-476.82M	-180.89M	-472.75M	21.49M	-256.63M	-15.46M

DCC plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5185.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DCC, the sentiment is Positive. The current price of 5185 is above the 20-day moving average (MA) of 5062.05, above the 50-day MA of 4772.30, and above the 200-day MA of 4741.86, indicating a bullish trend. The MACD of 128.09 indicates Positive momentum. The RSI at 63.07 is Neutral, neither overbought nor oversold. The STOCH value of 47.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:DCC.

DCC plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SEPL	73 Outperform	£2.51B	15.52	12.03%	5.64%	159.13%	143.76%
DCC	71 Outperform	£4.43B	-68.70	3.85%	4.43%	-17.89%	-122.62%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
NWF	65 Neutral	£69.93M	13.19	7.18%	6.59%	-5.00%	-32.05%
DEC	63 Neutral	―	-5.03	-22.53%	10.49%	56.20%	-185.69%
HBR	63 Neutral	£4.62B	-11.15	-11.32%	8.77%	123.03%	-330.89%
ITH	54 Neutral	£3.67B	-41.81	-4.67%	14.05%	63.10%	-161.03%

DCC plc Corporate Events

DCC Delivers Strong Q3 as It Accelerates Strategic Shift to Core Energy Business

DCC plc reported strong adjusted operating profit growth in the third quarter to 31 December 2025, driven by solid organic performance and the first-time contribution from its recent FLAGA acquisition in Austria, while its Energy division performed particularly well despite some UK services headwinds and its Technology arm held operating profit broadly flat as North America returned to growth. The company has committed about £100 million to acquisitions since May 2025, is expanding into new liquid gas markets in Austria, Poland and Central and Eastern Europe, and is progressing a strategic pivot to become a focused energy group through the divestment of Healthcare and Info Tech and the planned sale of the remaining Technology business by end-2026, allowing management to concentrate capital and resources on the growth opportunity in its core energy operations while maintaining guidance for good full-year operating profit growth.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £6300.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

DCC expands liquid gas footprint with €48m move into four Central European markets

DCC plc has agreed to acquire UGI International’s liquid gas businesses in Poland, Hungary, Czechia and Slovakia, adding more than 200 million litres of annual volume and around 30,000 bulk and cylinder customers to its network. The €48 million cash deal extends DCC’s liquid gas footprint into four new, fragmented Central European markets, anchored by AmeriGas Polska, the second-largest player in Poland with about 13% market share, and three FLAGA-branded operations in neighbouring countries. DCC plans to leverage well-invested infrastructure, a shared service centre in Warsaw and procurement synergies across Continental Europe to boost returns, targeting mid-teen returns on capital employed in the second year. The move underlines liquid gas as a core pillar of DCC’s Energy Solutions growth strategy and strengthens its ambition to become a global leader in lower-carbon energy sales, marketing and distribution, with implications for expanded scale, consolidation power and enhanced positioning in both European and global energy markets.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £4827.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

DCC Updates Share Capital and Voting Rights Ahead of Year-End Disclosure

DCC plc has reported that, as of 31 December 2025, it has 87,609,229 issued ordinary shares of €0.25 each, of which 2,186,132 are held in treasury and therefore do not carry voting rights, leaving 85,423,097 ordinary shares in circulation with voting rights. The company stated that this voting share figure should be used by investors as the reference denominator when assessing whether they must disclose their holdings or changes in holdings under the UK Financial Conduct Authority’s transparency and disclosure rules, ensuring regulatory compliance and clarity for shareholders.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £5553.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

DCC Cancels £600m of Shares After Completing Tender Offer Buyback

DCC plc has completed an on-market share repurchase linked to its previously announced tender offer, acquiring 11,605,415 ordinary shares from Davy at £51.70 per share for a total consideration of about £600 million, with the repurchased stock immediately cancelled. The cancellation reduces the number of DCC ordinary shares with voting rights to 85,423,097, with a further 2,186,132 shares held in treasury, and resets the share count used by investors to assess disclosure thresholds under UK transparency rules, tightening the company’s capital base and potentially enhancing earnings and returns per share for remaining shareholders.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £5553.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

DCC Completes £600m Tender Offer, Buying Back 12% of Share Capital

DCC plc has completed a £600 million tender offer, purchasing 11,605,415 ordinary shares at a strike price of £51.70, equivalent to about 12% of its issued share capital excluding treasury shares. The offer was fully subscribed, prompting application of a scaling mechanism under which tenders below the strike price or at strike price on a strike-price basis are accepted in full, tenders at £51.70 are scaled back to keep the buyback within the £600 million cap, and tenders above the strike price are rejected. The shares will initially be bought by Davy, acting as financial adviser and broker, and then acquired by DCC under an option agreement, with proceeds to qualifying shareholders expected within 10 business days, marking a sizeable return of capital and a tightening of the company’s free float that may enhance earnings per share and support its long-standing capital returns track record.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £5553.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

DCC plc Approves Market Purchases for Tender Offer

DCC plc held an Extraordinary General Meeting where a special resolution was passed to authorize the company to make market purchases related to a tender offer. This tender offer, initially announced on November 17, 2025, will close on December 17, 2025, with results expected to be announced on December 19, 2025. The resolution’s approval allows DCC to proceed with its strategic financial plans, potentially impacting its market operations and shareholder value.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £5553.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.

DCC plc Announces Updated Voting Rights and Share Capital Details

DCC plc has announced its total number of Ordinary Shares with voting rights, which stands at 97,028,512 as of 28 November 2025. The total issued share capital is 99,214,644 Ordinary Shares, with 2,186,132 held as Treasury Shares, which do not carry voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:DCC) stock is a Buy with a £5400.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.