Devon Energy Corporation (DVN)
NYSE: DVN · Real-Time Price · USD
44.56
-0.39 (-0.87%)
Mar 3, 2026, 12:54 PM EST - Market open

Devon Energy Statistics

Total Valuation

Devon Energy has a market cap or net worth of $27.62 billion. The enterprise value is $35.17 billion.

Market Cap27.62B
Enterprise Value 35.17B

Important Dates

The last earnings date was Tuesday, February 17, 2026, after market close.

Earnings Date Feb 17, 2026
Ex-Dividend Date Mar 13, 2026

Share Statistics

Devon Energy has 619.92 million shares outstanding. The number of shares has decreased by -0.16% in one year.

Current Share Class 619.92M
Shares Outstanding 619.92M
Shares Change (YoY) -0.16%
Shares Change (QoQ) -1.11%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 81.64%
Float 614.48M

Valuation Ratios

The trailing PE ratio is 10.69 and the forward PE ratio is 13.17. Devon Energy's PEG ratio is 1.46.

PE Ratio 10.69
Forward PE 13.17
PS Ratio 1.74
Forward PS 1.66
PB Ratio 1.80
P/TBV Ratio 1.89
P/FCF Ratio 9.96
P/OCF Ratio 4.15
PEG Ratio 1.46
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.70, with an EV/FCF ratio of 12.57.

EV / Earnings 13.31
EV / Sales 2.19
EV / EBITDA 4.70
EV / EBIT 9.18
EV / FCF 12.57

Financial Position

The company has a current ratio of 0.98, with a Debt / Equity ratio of 0.56.

Current Ratio 0.98
Quick Ratio 0.78
Debt / Equity 0.56
Debt / EBITDA 1.11
Debt / FCF 3.11
Interest Coverage 7.71

Financial Efficiency

Return on equity (ROE) is 17.74% and return on invested capital (ROIC) is 13.00%.

Return on Equity (ROE) 17.74%
Return on Assets (ROA) 7.71%
Return on Invested Capital (ROIC) 13.00%
Return on Capital Employed (ROCE) 13.93%
Weighted Average Cost of Capital (WACC) 6.91%
Revenue Per Employee $7.29M
Profits Per Employee $1.20M
Employee Count2,200
Asset Turnover 0.52
Inventory Turnover 26.63

Taxes

In the past 12 months, Devon Energy has paid $785.00 million in taxes.

Income Tax 785.00M
Effective Tax Rate 22.65%

Stock Price Statistics

The stock price has increased by +23.21% in the last 52 weeks. The beta is 0.63, so Devon Energy's price volatility has been lower than the market average.

Beta (5Y) 0.63
52-Week Price Change +23.21%
50-Day Moving Average 39.78
200-Day Moving Average 35.43
Relative Strength Index (RSI) 63.40
Average Volume (20 Days) 11,365,016

Short Selling Information

The latest short interest is 19.14 million, so 3.09% of the outstanding shares have been sold short.

Short Interest 19.14M
Short Previous Month 22.12M
Short % of Shares Out 3.09%
Short % of Float 3.12%
Short Ratio (days to cover) 1.61

Income Statement

In the last 12 months, Devon Energy had revenue of $16.04 billion and earned $2.64 billion in profits. Earnings per share was $4.17.

Revenue16.04B
Gross Profit 7.65B
Operating Income 3.83B
Pretax Income 3.47B
Net Income 2.64B
EBITDA 7.48B
EBIT 3.83B
Earnings Per Share (EPS) $4.17
Full Income Statement

Balance Sheet

The company has $1.38 billion in cash and $8.69 billion in debt, with a net cash position of -$7.30 billion or -$11.78 per share.

Cash & Cash Equivalents 1.38B
Total Debt 8.69B
Net Cash -7.30B
Net Cash Per Share -$11.78
Equity (Book Value) 15.53B
Book Value Per Share 24.96
Working Capital -80.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $6.71 billion and capital expenditures -$3.91 billion, giving a free cash flow of $2.80 billion.

Operating Cash Flow 6.71B
Capital Expenditures -3.91B
Free Cash Flow 2.80B
FCF Per Share $4.51
Full Cash Flow Statement

Margins

Gross margin is 47.70%, with operating and profit margins of 23.89% and 16.47%.

Gross Margin 47.70%
Operating Margin 23.89%
Pretax Margin 21.61%
Profit Margin 16.47%
EBITDA Margin 46.61%
EBIT Margin 23.89%
FCF Margin 17.44%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 2.15%.

Dividend Per Share $0.96
Dividend Yield 2.15%
Dividend Growth (YoY) -23.20%
Years of Dividend Growth n/a
Payout Ratio 23.02%
Buyback Yield 0.16%
Shareholder Yield 2.29%
Earnings Yield 9.48%
FCF Yield 10.04%
Dividend Details

Analyst Forecast

The average price target for Devon Energy is $44.89, which is 0.74% higher than the current price. The consensus rating is "Buy".

Price Target $44.89
Price Target Difference 0.74%
Analyst Consensus Buy
Analyst Count 19
Revenue Growth Forecast (5Y) -1.30%
EPS Growth Forecast (5Y) 9.69%
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 2.17 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.17
Piotroski F-Score 5