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 Statistics

Total Valuation

Devon Energy has a market cap or net worth of $56.46 billion. The enterprise value is $67.40 billion.

Market Cap56.46B
Enterprise Value 67.40B

Important Dates

The last earnings date was Tuesday, August 4, 2026, after market close.

Earnings Date Aug 4, 2026
Ex-Dividend Date Sep 15, 2026

Share Statistics

Devon Energy has 1.15 billion shares outstanding. The number of shares has increased by 9.89% in one year.

Current Share Class 1.15B
Shares Outstanding 1.15B
Shares Change (YoY) +9.89%
Shares Change (QoQ) +52.10%
Owned by Insiders (%) 0.64%
Owned by Institutions (%) 88.69%
Float 1.14B

Valuation Ratios

The trailing PE ratio is 10.53 and the forward PE ratio is 9.35. Devon Energy's PEG ratio is 1.04.

PE Ratio 10.53
Forward PE 9.35
PS Ratio 3.01
Forward PS 2.23
PB Ratio 1.35
P/TBV Ratio 1.38
P/FCF Ratio 38.23
P/OCF Ratio 6.60
PEG Ratio 1.04
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.55, with an EV/FCF ratio of 45.64.

EV / Earnings 20.55
EV / Sales 3.59
EV / EBITDA 7.55
EV / EBIT 13.94
EV / FCF 45.64

Financial Position

The company has a current ratio of 0.72, with a Debt / Equity ratio of 0.28.

Current Ratio 0.72
Quick Ratio 0.58
Debt / Equity 0.28
Debt / EBITDA 1.27
Debt / FCF 8.05
Interest Coverage 9.56

Financial Efficiency

Return on equity (ROE) is 11.52% and return on invested capital (ROIC) is 10.06%.

Return on Equity (ROE) 11.52%
Return on Assets (ROA) 5.91%
Return on Invested Capital (ROIC) 10.06%
Return on Capital Employed (ROCE) 7.57%
Weighted Average Cost of Capital (WACC) 5.99%
Revenue Per Employee $8.54M
Profits Per Employee $1.49M
Employee Count2,200
Asset Turnover 0.37
Inventory Turnover 27.31

Taxes

In the past 12 months, Devon Energy has paid $923.00 million in taxes.

Income Tax 923.00M
Effective Tax Rate 21.93%

Stock Price Statistics

The stock price has increased by +45.35% in the last 52 weeks. The beta is 0.42, so Devon Energy's price volatility has been lower than the market average.

Beta (5Y) 0.42
52-Week Price Change +45.35%
50-Day Moving Average 43.87
200-Day Moving Average 42.82
Relative Strength Index (RSI) 67.70
Average Volume (20 Days) 10,428,077

Short Selling Information

The latest short interest is 30.20 million, so 2.63% of the outstanding shares have been sold short.

Short Interest 30.20M
Short Previous Month 29.34M
Short % of Shares Out 2.63%
Short % of Float 2.65%
Short Ratio (days to cover) 2.64

Income Statement

In the last 12 months, Devon Energy had revenue of $18.78 billion and earned $3.28 billion in profits. Earnings per share was $4.66.

Revenue18.78B
Gross Profit 9.46B
Operating Income 4.84B
Pretax Income 4.21B
Net Income 3.28B
EBITDA 8.92B
EBIT 4.84B
Earnings Per Share (EPS) $4.66
Full Income Statement

Balance Sheet

The company has $950.00 million in cash and $11.89 billion in debt, with a net cash position of -$10.94 billion or -$9.52 per share.

Cash & Cash Equivalents 950.00M
Total Debt 11.89B
Net Cash -10.94B
Net Cash Per Share -$9.52
Equity (Book Value) 41.75B
Book Value Per Share 36.30
Working Capital -1.99B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $8.55 billion and capital expenditures -$7.08 billion, giving a free cash flow of $1.48 billion.

Operating Cash Flow 8.55B
Capital Expenditures -7.08B
Depreciation & Amortization 4.09B
Net Borrowing -998.00M
Free Cash Flow 1.48B
FCF Per Share $1.28
Full Cash Flow Statement

Margins

Gross margin is 50.35%, with operating and profit margins of 25.74% and 17.46%.

Gross Margin 50.35%
Operating Margin 25.74%
Pretax Margin 22.41%
Profit Margin 17.46%
EBITDA Margin 47.52%
EBIT Margin 25.74%
FCF Margin 7.86%

Dividends & Yields

This stock pays an annual dividend of $1.28, which amounts to a dividend yield of 2.61%.

Dividend Per Share $1.28
Dividend Yield 2.61%
Dividend Growth (YoY) 19.15%
Years of Dividend Growth n/a
Payout Ratio 27.44%
Buyback Yield -9.89%
Shareholder Yield -7.29%
Earnings Yield 5.81%
FCF Yield 2.62%
Dividend Details

Analyst Forecast

The average price target for Devon Energy is $59.38, which is 20.94% higher than the current price. The consensus rating is "Strong Buy".

Price Target $59.38
Price Target Difference 20.94%
Analyst Consensus Strong Buy
Analyst Count 27
Revenue Growth Forecast (3Y) 15.43%
EPS Growth Forecast (3Y) 13.99%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on November 16, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Nov 16, 2004
Split Type Forward
Split Ratio 2:1

Scores

Devon Energy has an Altman Z-Score of 1.27 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.27
Piotroski F-Score 5