Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.86
-0.54 (-1.19%)
At close: Aug 12, 2026, 4:00 PM EDT
44.55
-0.31 (-0.69%)
Pre-market: Aug 13, 2026, 7:33 AM EDT

Devon Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
19,67617,18815,94015,25819,16912,206
Revenue Growth
14.64%7.83%4.47%-20.40%57.05%152.82%
Gross Profit
9,3707,9867,9657,92110,5925,837
Operating Income
4,6783,6024,1824,9397,9453,016
Net Income
3,2802,6422,8913,7476,0152,813
Earnings Per Share
4.214.174.565.849.124.19
EPS Growth
-5.61%-8.55%-21.92%-35.97%117.66%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Total Oil
15,31012,48612,77311,89713,5869,447
Total Gas
1,5661,8529151,2753,1111,822
Total NGL
2,8232,4482,2311,9683,1302,481
Revenue (Total)
19,67617,18815,94015,25819,16912,206

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,0091,4348468751,4542,271
Total Debt
11,7448,5869,2036,4506,6976,734
Net Cash (Debt)
-10,735-7,152-8,357-5,575-5,243-4,463
Net Cash Growth
------
Net Cash Per Share
-15.29-11.30-13.18-8.68-8.03-6.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
8,5536,7116,6006,5448,5304,899
Capital Expenditures
-7,076-3,914-7,453-3,947-5,125-2,007
Free Cash Flow
1,4772,797-8532,5973,4052,892
Free Cash Flow Growth
----23.73%17.74%854.45%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
47.62%46.46%49.97%51.91%55.26%47.82%
Operating Margin
23.78%20.96%26.24%32.37%41.45%24.71%
Pretax Margin
21.39%20.17%23.29%30.30%40.56%23.74%
Profit Margin
16.70%15.60%18.46%24.79%31.49%23.21%
FCF Margin
7.51%16.27%-5.35%17.02%17.76%23.69%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2800.9601.4502.8705.1701.970
Dividend Per Share Growth
19.15%-33.79%-49.48%-44.49%162.44%369.05%
Dividend Yield
2.85%2.67%4.53%6.42%8.44%4.50%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.628.787.187.766.7410.51
Forward PE
8.529.517.597.367.028.43
P/FCF Ratio
34.938.13-11.0911.8010.10
PS Ratio
2.751.321.341.892.102.39