Devon Energy Corporation (DVN)

Devon Energy Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	56,380	22,978	21,500	29,024	40,209	29,811
Market Cap Growth	146.02%	6.87%	-25.92%	-27.82%	34.88%	392.95%
Enterprise Value	67,323	30,387	30,325	34,992	45,912	34,580
Last Close Price	49.03	36.18	31.45	42.06	53.80	35.66

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	10.51	8.70	7.44	7.75	6.75	10.71
Forward PE	9.41	9.51	7.59	7.36	7.02	8.43
PS Ratio	3.00	1.43	1.42	1.92	2.03	2.17
PB Ratio	1.35	1.48	1.46	2.38	3.56	3.17
P/TBV Ratio	1.38	1.56	1.56	2.57	3.86	3.50
P/FCF Ratio	38.17	8.22	-	11.18	11.81	10.31
P/OCF Ratio	6.59	3.42	3.26	4.43	4.71	6.09
PEG Ratio	1.05	1.44	1.90	3.68	0.33	1.69

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	3.58	1.90	2.00	2.31	2.32	2.52
EV/EBITDA Ratio	7.54	4.09	4.13	4.69	4.47	6.28
EV/EBIT Ratio	13.92	7.93	7.42	7.14	5.71	10.43
EV/FCF Ratio	45.58	10.86	-	13.47	13.48	11.96

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.28	0.56	0.63	0.53	0.60	0.72
Debt / EBITDA Ratio	1.27	1.12	1.22	0.85	0.64	1.20
Debt / FCF Ratio	8.05	3.11	-	2.50	1.97	2.34
Net Debt / Equity Ratio	0.26	0.47	0.57	0.46	0.48	0.50
Net Debt / EBITDA Ratio	1.23	0.98	1.15	0.76	0.53	0.85
Net Debt / FCF Ratio	7.41	2.61	-9.90	2.17	1.59	1.61
Asset Turnover	0.37	0.52	0.55	0.63	0.89	0.89
Inventory Turnover	27.31	26.63	26.36	32.23	54.46	-
Quick Ratio	0.58	0.78	0.84	0.82	0.99	1.18
Current Ratio	0.72	0.98	1.04	1.07	1.25	1.38
Return on Equity (ROE)	11.52%	17.74%	21.86%	32.17%	58.34%	45.63%
Return on Assets (ROA)	5.91%	7.71%	9.29%	12.71%	22.46%	13.40%
Return on Invested Capital (ROIC)	10.06%	12.89%	15.80%	23.21%	40.59%	33.11%
Return on Capital Employed (ROCE)	7.60%	13.90%	15.00%	22.80%	39.00%	18.50%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	5.82%	11.50%	13.45%	12.91%	14.96%	9.44%
FCF Yield	2.62%	12.17%	-3.97%	8.95%	8.47%	9.70%
Dividend Yield	2.61%	2.65%	4.61%	6.82%	9.61%	5.52%
Payout Ratio	27.44%	23.43%	32.41%	49.59%	56.18%	46.75%
Buyback Yield / Dilution	-9.89%	0.16%	1.25%	1.69%	1.80%	-76.39%
Total Shareholder Return	-7.28%	2.81%	5.86%	8.51%	11.42%	-70.87%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

Data Sources Report a data error