Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
49.10
-0.20 (-0.41%)
At close: Aug 21, 2026, 4:00 PM EDT
49.14
+0.04 (0.08%)
After-hours: Aug 21, 2026, 7:57 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 | Jun '26 Jun 30, 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 |
| 18,781 | 16,038 | 15,171 | 15,140 | 19,827 | 13,750 | |
Revenue Growth | 15.33% | 5.71% | 0.21% | -23.64% | 44.20% | 194.24% |
Cost of Revenue | 9,325 | 8,388 | 7,156 | 7,252 | 8,577 | 6,369 |
Gross Profit | 9,456 | 7,650 | 8,015 | 7,888 | 11,250 | 7,381 |
Selling, General & Admin | 549 | 492 | 500 | 408 | 395 | 391 |
Other Operating Expenses | -71 | -312 | 146 | 5 | 563 | 1,501 |
Operating Expenses | 4,621 | 3,818 | 3,929 | 2,987 | 3,210 | 4,064 |
Operating Income | 4,835 | 3,832 | 4,086 | 4,901 | 8,040 | 3,317 |
Interest Expense | -506 | -497 | -401 | -369 | -370 | -388 |
Interest & Investment Income | 68 | 56 | 62 | 55 | 38 | 2 |
Other Non Operating Income (Expenses) | -12 | -14 | -24 | 6 | 23 | 27 |
EBT Excluding Unusual Items | 4,385 | 3,377 | 3,723 | 4,593 | 7,731 | 2,958 |
Merger & Restructuring Charges | -238 | - | - | - | - | -258 |
Gain (Loss) on Sale of Assets | 62 | 343 | -11 | 30 | 44 | 168 |
Asset Writedown | - | -254 | - | - | - | - |
Other Unusual Items | - | - | - | - | - | 30 |
Pretax Income | 4,209 | 3,466 | 3,712 | 4,623 | 7,775 | 2,898 |
Income Tax Expense | 923 | 785 | 770 | 841 | 1,738 | 65 |
Earnings From Continuing Operations | 3,286 | 2,681 | 2,942 | 3,782 | 6,037 | 2,833 |
Net Income to Company | 3,286 | 2,681 | 2,942 | 3,782 | 6,037 | 2,833 |
Minority Interest in Earnings | -6 | -39 | -51 | -35 | -22 | -20 |
Net Income | 3,280 | 2,642 | 2,891 | 3,747 | 6,015 | 2,813 |
Preferred Dividends & Other Adjustments | - | - | - | - | 57 | 30 |
Net Income to Common | 3,280 | 2,642 | 2,891 | 3,747 | 5,958 | 2,783 |
Net Income Growth | 15.33% | -8.61% | -22.84% | -37.11% | 114.09% | - |
Shares Outstanding (Basic) | 701 | 632 | 632 | 639 | 651 | 663 |
Shares Outstanding (Diluted) | 703 | 633 | 634 | 642 | 653 | 665 |
Shares Change | 9.89% | -0.16% | -1.25% | -1.69% | -1.80% | 76.39% |
EPS (Basic) | 4.68 | 4.18 | 4.57 | 5.86 | 9.15 | 4.20 |
EPS (Diluted) | 4.66 | 4.17 | 4.56 | 5.84 | 9.12 | 4.19 |
EPS Growth | 5.08% | -8.55% | -21.92% | -35.97% | 117.66% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 1,477 | 2,797 | -853 | 2,597 | 3,405 | 2,892 |
Free Cash Flow Per Share | 2.10 | 4.42 | -1.34 | 4.04 | 5.21 | 4.35 |
Dividend Per Share | 1.040 | 0.960 | 1.450 | 2.870 | 5.170 | 1.970 |
Dividend Growth | -8.77% | -33.79% | -49.48% | -44.49% | 162.44% | 369.05% |
Gross Margin | 50.35% | 47.70% | 52.83% | 52.10% | 56.74% | 53.68% |
Operating Margin | 25.74% | 23.89% | 26.93% | 32.37% | 40.55% | 24.12% |
Profit Margin | 17.46% | 16.47% | 19.06% | 24.75% | 30.05% | 20.24% |
Free Cash Flow Margin | 7.86% | 17.44% | -5.62% | 17.15% | 17.17% | 21.03% |
EBITDA | 8,924 | 7,427 | 7,341 | 7,455 | 10,263 | 5,503 |
EBITDA Margin | 47.52% | 46.31% | 48.39% | 49.24% | 51.76% | 40.02% |
D&A For EBITDA | 4,089 | 3,595 | 3,255 | 2,554 | 2,223 | 2,186 |
EBIT | 4,835 | 3,832 | 4,086 | 4,901 | 8,040 | 3,317 |
EBIT Margin | 25.74% | 23.89% | 26.93% | 32.37% | 40.55% | 24.12% |
Effective Tax Rate | 21.93% | 22.65% | 20.74% | 18.19% | 22.35% | 2.24% |
Revenue as Reported | 19,676 | 17,188 | 15,940 | 15,258 | 19,169 | 12,206 |