Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
48.06
-0.73 (-1.50%)
At close: Sep 4, 2026, 4:00 PM EDT
48.11
+0.05 (0.11%)
After-hours: Sep 4, 2026, 7:54 PM EDT
Devon Energy Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Revenue Revenue Growth | 6,646 | 4,303 | 3,765 | 4,067 | 4,048 | 4,158 | 4,281 | 3,797 | 3,715 | 3,378 | 3,639 | 4,030 | 3,339 | 3,419 | 4,142 | 5,184 | 5,544 | 4,003 | 4,054 | 3,801 |
Revenue Growth | 64.18% | 3.49% | -12.05% | 7.11% | 8.96% | 23.09% | 17.64% | -5.78% | 11.26% | -1.20% | -12.14% | -22.26% | -39.77% | -14.59% | 2.17% | 36.38% | 88.31% | 72.69% | 200.30% | 229.38% |
Gross Profit Gross Profit Growth | 3,755 | 2,079 | 1,702 | 1,920 | 1,792 | 2,236 | 2,221 | 1,885 | 2,016 | 1,893 | 1,984 | 2,113 | 1,781 | 2,010 | 2,425 | 2,924 | 3,389 | 2,591 | 2,380 | 2,081 |
Operating Income Operating Income Growth | 2,730 | 295 | 853 | 984 | 979 | 1,043 | 958 | 1,152 | 1,131 | 845 | 1,518 | 1,153 | 934 | 1,296 | 1,577 | 2,532 | 2,565 | 1,346 | 1,727 | 1,068 |
Net Income Net Income Growth | 1,911 | 120 | 562 | 687 | 899 | 494 | 639 | 812 | 844 | 596 | 1,152 | 910 | 698 | 987 | 1,194 | 1,876 | 1,915 | 973 | 1,487 | 832 |
Earnings Per Share EPS Growth | 2.03 | 0.19 | 0.89 | 1.09 | 1.41 | 0.77 | 0.98 | 1.30 | 1.34 | 0.95 | 1.81 | 1.42 | 1.08 | 1.53 | 1.82 | 2.88 | 2.90 | 1.47 | 2.21 | 1.24 |
EPS Growth | 43.97% | -75.16% | -8.48% | -16.15% | 4.98% | -19.13% | -46.11% | -8.45% | 24.11% | -38.05% | -0.50% | -50.69% | -62.72% | 3.58% | -17.52% | 132.27% | 676.84% | 362.23% | - | - |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Total Oil Total Oil Growth | 5,765 | 3,424 | 2,922 | 3,199 | 3,033 | 3,332 | 3,475 | 3,088 | 3,214 | 2,996 | 3,011 | 3,172 | 2,841 | 2,873 | 3,180 | 3,302 | 3,922 | 3,182 | 2,772 | 2,549 |
Total Gas Total Gas Growth | 260 | 459 | 409 | 438 | 424 | 581 | 355 | 154 | 157 | 249 | 323 | 342 | 245 | 365 | 663 | 1,053 | 879 | 516 | 646 | 505 |
Total NGL Total NGL Growth | 978 | 625 | 606 | 614 | 591 | 637 | 657 | 555 | 523 | 496 | 487 | 516 | 444 | 521 | 509 | 829 | 995 | 797 | 833 | 747 |
Revenue (Total) Revenue (Total) Growth | 7,417 | 3,807 | 4,121 | 4,331 | 4,284 | 4,452 | 4,403 | 4,024 | 3,917 | 3,596 | 4,145 | 3,836 | 3,454 | 3,823 | 4,299 | 5,432 | 5,626 | 3,812 | 4,273 | 3,466 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash & Investments Cash & Investments Growth | 950 | 1,763 | 1,384 | 1,229 | 1,713 | 1,198 | 811 | 645 | 1,140 | 1,126 | 853 | 654 | 372 | 761 | 1,314 | 1,166 | 3,300 | 2,459 | 2,099 | 2,144 |
Total Debt Total Debt Growth | 11,893 | 8,695 | 8,688 | 8,638 | 9,063 | 9,007 | 9,256 | 9,269 | 6,502 | 6,486 | 6,483 | 6,482 | 6,736 | 6,698 | 6,718 | 6,735 | 6,746 | 6,745 | 6,760 | 6,776 |
Net Cash (Debt) Net Cash Growth | -10,943 | -6,932 | -7,304 | -7,409 | -7,350 | -7,809 | -8,445 | -8,624 | -5,362 | -5,360 | -5,630 | -5,828 | -6,364 | -5,937 | -5,404 | -5,569 | -3,446 | -4,286 | -4,661 | -4,632 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -11.64 | -11.22 | -11.74 | -11.78 | -11.56 | -12.09 | -12.97 | -13.84 | -8.54 | -8.48 | -8.82 | -9.12 | -9.90 | -9.18 | -8.25 | -8.55 | -5.22 | -6.51 | -6.93 | -6.88 |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 3,674 | 1,655 | 1,534 | 1,690 | 1,545 | 1,942 | 1,664 | 1,663 | 1,535 | 1,738 | 1,737 | 1,725 | 1,405 | 1,677 | 1,911 | 2,104 | 2,678 | 1,837 | 1,616 | 1,598 |
Capital Expenditures CapEx Growth | -4,047 | -1,029 | -933 | -1,067 | -972 | -942 | -1,042 | -4,479 | -1,030 | -902 | -920 | -905 | -1,097 | -1,025 | -821 | -3,093 | -673 | -538 | -515 | -484 |
Free Cash Flow Free Cash Flow Growth | -373 | 626 | 601 | 623 | 573 | 1,000 | 622 | -2,816 | 505 | 836 | 817 | 820 | 308 | 652 | 1,090 | -989 | 2,005 | 1,299 | 1,101 | 1,114 |
Free Cash Flow Growth | - | -37.40% | -3.38% | - | 13.46% | 19.62% | -23.87% | - | 63.96% | 28.22% | -25.05% | - | -84.64% | -49.81% | -1.00% | - | 243.32% | 1296.77% | 601.27% | 315.67% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Gross Margin | 56.50% | 48.32% | 45.21% | 47.21% | 44.27% | 53.78% | 51.88% | 49.64% | 54.27% | 56.04% | 54.52% | 52.43% | 53.34% | 58.79% | 58.55% | 56.40% | 61.13% | 64.73% | 58.71% | 54.75% |
Operating Margin | 41.08% | 6.86% | 22.66% | 24.20% | 24.19% | 25.08% | 22.38% | 30.34% | 30.44% | 25.01% | 41.72% | 28.61% | 27.97% | 37.91% | 38.07% | 48.84% | 46.27% | 33.63% | 42.60% | 28.10% |
Pretax Margin | 35.87% | 3.86% | 19.84% | 22.42% | 28.68% | 15.54% | 19.62% | 28.02% | 27.99% | 22.74% | 39.30% | 26.60% | 26.86% | 35.80% | 37.49% | 47.55% | 45.00% | 31.53% | 41.00% | 25.36% |
Profit Margin | 28.75% | 2.79% | 14.93% | 16.89% | 22.21% | 11.88% | 14.93% | 21.39% | 22.72% | 17.64% | 31.66% | 22.58% | 20.90% | 28.87% | 28.83% | 36.19% | 34.54% | 24.31% | 36.68% | 21.89% |
FCF Margin | -5.61% | 14.55% | 15.96% | 15.32% | 14.16% | 24.05% | 14.53% | -74.16% | 13.59% | 24.75% | 22.45% | 20.35% | 9.22% | 19.07% | 26.32% | -19.08% | 36.17% | 32.45% | 27.16% | 29.31% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share Dividend Per Share Growth | 0.320 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.220 | 0.440 | 0.350 | 0.440 | 0.770 | 0.490 | 0.720 | 0.890 | 1.350 | 1.550 | 1.270 | 1.000 | 0.840 | 0.490 |
Dividend Per Share Growth | 33.33% | 0% | 9.09% | -45.45% | -31.43% | -45.45% | -71.43% | -10.20% | -51.39% | -50.56% | -42.96% | -68.39% | -43.31% | -11.00% | 60.71% | 216.33% | 273.53% | 233.33% | 663.64% | 345.45% |
Dividend Yield | 2.52% | 1.92% | 2.65% | 2.73% | 3.68% | 3.45% | 4.61% | 5.35% | 4.58% | 5.15% | 6.82% | 7.93% | 10.33% | 11.23% | 9.61% | 9.05% | 7.81% | 5.49% | 5.52% | 4.40% |
| Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PE Ratio | 14.53 | 13.79 | 8.70 | 8.19 | 7.18 | 8.70 | 7.44 | 7.20 | 8.56 | 9.49 | 7.75 | 8.07 | 6.52 | 5.54 | 6.75 | 6.30 | 6.99 | 11.08 | 10.71 | 20.15 |
Forward PE | 7.15 | 11.65 | 9.51 | 9.36 | 8.69 | 7.81 | 7.59 | 7.51 | 8.74 | 10.10 | 7.36 | 7.80 | 7.75 | 7.18 | 7.02 | 5.77 | 5.65 | 8.66 | 8.43 | 9.63 |
P/FCF Ratio | - | 12.91 | 8.22 | 7.90 | - | - | - | - | 10.07 | 11.45 | 11.18 | 10.65 | 29.24 | 12.00 | 11.81 | - | 6.60 | 9.58 | 10.31 | 12.34 |
PS Ratio | 2.54 | 1.93 | 1.43 | 1.34 | 1.25 | 1.52 | 1.42 | 1.69 | 2.03 | 2.21 | 2.01 | 2.05 | 1.93 | 1.81 | 2.13 | 2.10 | 2.09 | 2.65 | 2.27 | 2.31 |