Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.49
+0.38 (0.86%)
At close: May 29, 2026, 4:00 PM EDT
44.55
+0.06 (0.13%)
After-hours: May 29, 2026, 7:59 PM EDT
Devon Energy Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 16,543 | 17,188 | 15,940 | 15,258 | 19,169 | 12,206 | |
Revenue Growth (YoY) | -1.51% | 7.83% | 4.47% | -20.40% | 57.05% | 152.82% |
Cost of Revenue | 9,295 | 9,202 | 7,975 | 7,337 | 8,577 | 6,369 |
Gross Profit | 7,248 | 7,986 | 7,965 | 7,921 | 10,592 | 5,837 |
Selling, General & Admin | 487 | 492 | 500 | 408 | 395 | 391 |
Depreciation & Amortization Expenses | 3,587 | 3,595 | 3,255 | 2,554 | 2,223 | 2,158 |
Exploration Expenses | 58 | 43 | 28 | 20 | 29 | 14 |
Other Operating Expenses | 19 | 254 | - | - | - | 258 |
Total Operating Expenses | 4,151 | 4,384 | 3,783 | 2,982 | 2,647 | 2,821 |
Operating Income | 3,097 | 3,602 | 4,182 | 4,939 | 7,945 | 3,016 |
Interest Expense | -441 | -455 | -363 | -308 | -309 | -329 |
Other Non-Operating Income (Expense) | -330 | -319 | 107 | 8 | -139 | -211 |
Total Non-Operating Income (Expense) | -771 | -774 | -256 | -300 | -448 | -540 |
Pretax Income | 2,986 | 3,466 | 3,712 | 4,623 | 7,775 | 2,898 |
Provision for Income Taxes | 694 | 785 | 770 | 841 | 1,738 | 65 |
Net Income | 2,268 | 2,642 | 2,891 | 3,747 | 6,015 | 2,813 |
Minority Interest in Earnings | 24 | 39 | 51 | 35 | 22 | 20 |
Net Income to Common | 2,268 | 2,642 | 2,891 | 3,747 | 6,015 | 2,813 |
Net Income Growth | -18.68% | -8.61% | -22.84% | -37.71% | 113.83% | - |
Shares Outstanding (Basic) | 471 | 632 | 632 | 639 | 651 | 663 |
Shares Outstanding (Diluted) | 472 | 633 | 634 | 642 | 653 | 665 |
Shares Change (YoY) | -0.79% | -0.16% | -1.25% | -1.69% | -1.80% | 76.39% |
EPS (Basic) | 3.61 | 4.18 | 4.58 | 5.86 | 9.15 | 4.20 |
EPS (Diluted) | 3.59 | 4.17 | 4.56 | 5.84 | 9.12 | 4.19 |
EPS Growth | -18.22% | -8.55% | -21.92% | -35.97% | 117.66% | - |
Shares Outstanding | 621 | 632 | 651 | 635.7 | 653 | 663 |
Free Cash Flow | 2,423 | 2,797 | -853 | 2,597 | 3,405 | 2,892 |
Free Cash Flow Growth | -13.37% | - | - | -23.73% | 17.74% | 854.45% |
Free Cash Flow Per Share | 5.14 | 4.42 | -1.35 | 4.05 | 5.21 | 4.35 |
Dividends Per Share | 0.960 | 0.960 | 1.450 | 2.870 | 5.170 | 1.970 |
Dividend Growth | - | -33.79% | -49.48% | -44.49% | 162.44% | 369.05% |
Gross Margin | 43.81% | 46.46% | 49.97% | 51.91% | 55.26% | 47.82% |
Operating Margin | 18.72% | 20.96% | 26.24% | 32.37% | 41.45% | 24.71% |
Profit Margin | 13.85% | 15.60% | 18.46% | 24.79% | 31.49% | 23.21% |
FCF Margin | 14.65% | 16.27% | -5.35% | 17.02% | 17.76% | 23.69% |
EBITDA | 6,684 | 7,197 | 7,437 | 7,493 | 10,168 | 5,174 |
EBITDA Margin | 40.40% | 41.87% | 46.66% | 49.11% | 53.04% | 42.39% |
EBIT | 3,097 | 3,602 | 4,182 | 4,939 | 7,945 | 3,016 |
EBIT Margin | 18.72% | 20.96% | 26.24% | 32.37% | 41.45% | 24.71% |
Effective Tax Rate | 23.24% | 22.65% | 20.74% | 18.19% | 22.35% | 2.24% |