1. MARKETS
  2. SECTOR : OIL & GAS
  3. INDUSTRY : INTEGRATED OIL
  4. DEVON ENERGY CORP.
Devon Energy Corp.
XNYS: DVN
47.980.33(0.69%)
9.7M
XNYS Volume

XNYS 05 Oct, 2026 5:30 PM (EDT)

Portfolio

Alert

My Notes

Devon Energy quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Forecaster Analyst Estimates for Devon Energy share price target, revenues, EPS, net income and more

Devon Energy quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Devon Energy Jun-2026 Quarterly Revenue is $7,417 Million which is growth of 73.1% YoY.

  • POSITIVE

    Quarterly Net Profit Devon Energy Jun-2026 Quarterly Net Profit is $1,911 Million which is growth of 112.6% YoY.

Devon Energy Corp., Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
7,4173,8074,1214,3314,2844,4524,4034,0243,9173,5964,1453,8363,454
Cost Of Rev.
4,6833,3453,1403,2273,1703,2603,2542,7062,6642,6062,5022,5682,408
Gross Profit
2,7344629811,1041,1141,1921,1491,3181,2539901,6431,2681,046
⌄
191150140122133140206121117123123109109
Operating Profit
2,5433128419829811,0529431,1971,1368671,5201,159937
-125-109-107-109-116-123-123-88-76-76-77-81-78
Profit Before Tax
2,3841667479121,1616468401,0641,0407681,4301,072897
Tax
47346185219244137187239185159269152199
⌄
1,9111205626878994946398128445961,152910687
Diluted NI Avail to Com Stockholders Ann.
1,9111205626878994946398128445961,152910687
Basic EPS
20.20.91.11.40.811.31.411.81.41.1
Diluted EPS After ExtraOrdinary
2.20.20.91.111.111.31.40.91.81.41
Number Of Shares End
937616620628635643650622626629636637638
Net Income Continuing Discontinued Operations
1,9111205626878994946398128445961,152910690
Normalized Income
2,087.8134.4561.3658.9656.5696.2635.9818.2856.3596.81,160.9910658
Interest Income
22141418141016191413121115
Interest
144118119125126127128988887879396
Net Interest Income
-125-109-107-109-116-123-123-88-76-76-77-81-78
EBIT
2,5282848661,0371,2877739681,1621,1288551,5171,165993
EBITDA
3,9441,1881,7561,9162,2011,6851,9391,9561,8961,5772,1671,8161,631
Reconciled Cost Of Rev.
4,6833,3453,1403,2273,1703,2603,2542,7062,6642,6062,5022,5682,408
Reconciled Depr.
1,416904890879914912971794768722650651638
Profit From Continuing Operations
1,9111205626939175096538258556091,161920698
Normalized EBITDA
4,1651,2081,7551,8791,8941,9411,9351,9641,9111,5782,1781,8161,590
*All financials are in USD Million and price data in USD

Devon Energy competitor comparison and performance snapshot within industry

Devon Energy annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue Devon Energy Dec-2025 Annual Revenue is $17,188 Million which is growth of 7.8% YoY.

  • NEGATIVE

    Annual Net Profit Devon Energy Dec-2025 Annual Net Profit is $2,642 Million which is growth of -8.6% YoY.

Devon Energy Corp., Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-3.6%
28.9%
 17,18815,94015,25819,16912,2064,8286,22010,73413,94910,30413,145
Cost Of Rev. Ann.
5.8%
23.6%
14,39512,79711,2309,89110,8008,5274,4365,5063,88311,6277,5599,937
Gross Profit Ann.
-19.3%
62.1%
5,2814,3914,7105,3678,3693,6793927146,8512,3222,7453,208
Operating Exp. Ann.
6%
1.2%
6035355674574494335055335,2491,3142,2913,037
Operating Profit Ann.
-21.3%
-
4,6783,8564,1434,9107,9203,246-1131811,6021,008454171
-
-
-450-455-363-308-309-359-270-250-282-507-635-517
Other Exp. Ann.
-26.5%
-
 65-682116411-2,707-40-400395-3,696-20,922
PBT Ann.
-23.6%
-
4,2093,4663,7124,6237,7752,898-3,090-109920896-3,877-21,268
Tax Ann.
-23.3%
-
9237857708411,73865-547-30156-182-173-6,065
⌄
-23.7%
-
3,2802,6422,8913,7475,9582,813-2,680-3553,064898-3,302-14,454
Diluted NI Avail to Com Stockholders Ann.
-23.7%
-
3,2802,6422,8913,7475,9582,813-2,680-3553,064898-3,302-14,454
EPS Ann.
-23%
-
 4.24.65.99.24.2-7.1-0.96.11.7-6.5-35.6
Diluted EPS Ann.
-22.7%
-
 4.24.65.89.14.2-7.1-0.96.11.7-6.5-35.6
Number Of Shares End
-1.5%
10.5%
 620650636648660377377455523519410
Total Exp. Ann.
5.8%
22%
 13,33211,79710,34811,2498,9604,9416,0399,13212,9419,85012,974
Net Income Continuing Discontinued Operations Ann.
-24%
-
3,2802,6422,8913,7476,0152,813-2,680-3553,064898-3,302-14,454
Normalized Income Ann.
-24.5%
-
3,442.32,573.52,906.83,722.45,976.82,833.6-304.4-55.1984.1625.2171.3383.6
Interest Income Ann.
13.8%
36.1%
6856625538212----6
Interest Ann.
10.3%
13.9%
506497401369370388259260298514620503
EBITDA Ann.
-10%
-
8,8047,5587,3687,54610,3685,444-1,5311,6482,8763,484-1,465-17,636
Reconciled Cost Of Rev. Ann.
5.8%
23.6%
14,39512,79711,2309,89110,8008,5274,4365,5063,88311,6277,5599,937
Reconciled Depr. Ann.
17.4%
22.6%
4,0893,5953,2552,5542,2232,1581,3001,4971,6582,0741,7923,129
Profit From Continuing Operations Ann.
-23.7%
-
3,2862,6812,9423,7826,0372,833-2,671-3533,2241,078-3,704-15,203
Normalized EBITDA Ann.
-10.2%
43.9%
9,0077,4697,3887,51610,3195,4651,2101,6843,3343,1432,1533,262
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
7.8%
2Y CAGR
6.1%
3Y CAGR
-3.6%
5Y CAGR
28.9%
7Y CAGR
7%
10Y CAGR
2.7%
Total Revenue Annual growth is stable compared to historical averages.
Net Profit Ann.
1Y CHG
-8.6%
2Y CAGR
-16%
3Y CAGR
-24%
7Y CAGR
-2.1%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
-5.6%
2Y CAGR
8.2%
3Y CAGR
6%
5Y CAGR
1.2%
7Y CAGR
-27.8%
10Y CAGR
-15.9%
Operating Expenses Annual Cr is falling faster than historical averages.

Devon Energy balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Devon Energy Dec-2025 Total Shareholders Fund is $15,528 Million which is growth of 7.1% YoY.

  • POSITIVE

    Total Assets Devon Energy Dec-2025 Total Assets is $31,599 Million which is growth of 3.6% YoY.

Devon Energy Corp., Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
10%
26.1%
31,59930,48924,49023,72121,0259,91213,71719,56630,24125,91329,532
⌄
9%
18.4%
16,07115,78512,27312,42511,6266,8937,79710,38016,13715,53818,543
⌄
11.6%
40%
15,52814,49612,06111,1679,2622,8855,8029,1869,2545,9277,049
Total Capitalization Ann.
9.7%
26.1%
22,91922,89417,73317,35615,7447,18310,09614,97119,54516,08119,186
Tangible Assets Ann.
12.4%
47.3%
14,77513,74311,30810,4148,5092,1325,0498,3455,3743391,327
Working Capital Ann.
-
-
-801182087861,1621,8201,9242,2111,4761,156731
Invested Capital Ann.
10.7%
27.2%
23,91723,37918,21617,60715,7447,18310,09615,13319,66016,08120,162
Tangible Book Value Ann.
12.4%
47.3%
14,77513,74311,30810,4148,5092,1325,0498,3455,3743391,327
Borrowings Ann.
8.6%
13.6%
8,5869,2036,4506,6976,7344,5444,5385,94710,40610,15413,113
Net Debt Ann.
10.7%
25.3%
6,9558,0375,2805,1264,3712,2512,8303,5337,7338,19510,803
Share Issued Ann.
-1.6%
10.2%
622651636653663382382450525523418
Number Of Shares End
-1.5%
10.5%
620650636648660377377455523519410
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
3.6%
2Y CAGR
13.6%
3Y CAGR
10%
5Y CAGR
26.1%
7Y CAGR
7.1%
10Y CAGR
0.7%
Total Assets Annual growth is lower than historical averages.
Total Current Liabilities Ann.
1Y CHG
23.5%
2Y CAGR
17.7%
3Y CAGR
9.6%
5Y CAGR
23.2%
7Y CAGR
9.1%
10Y CAGR
2.2%
Total Current Liabilities Annual Cr growth is higher than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
7.1%
2Y CAGR
13.5%
3Y CAGR
11.6%
5Y CAGR
40%
7Y CAGR
7.8%
10Y CAGR
8.2%
Total ShareHolders Funds Annual growth is lower than historical averages.

Devon Energy ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Devon Energy Book Value Per Share is $38 which is growth of 60.0% YoY.

  • NEUTRAL

    ROE Devon Energy ROE is 0% which is growth of 0% YoY.

Devon Energy Corp., Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-10.52%15.54%26.63%18.19%-22.68%-2.13%12.30%3.20%-11.91%-36.06%
ROE Ann. %
-
-
-21.77%32.26%58.33%46.32%-61.70%-4.74%33.23%11.83%-50.89%-101.12%
ROIC %
-
-
-3.16.67.110-0.8-5.68.1-1.32.8-20.2
OPM Ann. %
-18.4%
-
22.43%25.99%32.18%41.32%26.59%-2.34%2.91%14.92%7.23%4.41%1.30%
Inventory Turnover Ratio Ann.
-
-
-41.44453.7-------
Asset Turnover Ann. %
-
-
-0.60.60.90.80.40.40.40.50.40.3
Working Capital Turnover Ann.
-
-
-214.9135.173.424.410.52.73.24.99.58.918
Quick Ratio Ann.
-
-
-0.90.811.221.21.51.31.31.1
Current Ratio Ann.
-
-
-11.11.31.42.3221.51.41.2
Interest Coverage Ratio Ann.
-
-
-10.313.5228.5-10.90.64.12.7-5.3-41.3
LT Debt To Equity Ann.
-
-
-0.60.50.60.71.60.80.61.11.71.7
*All financials are in USD Million and price data in USD

Devon Energy cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • POSITIVE

    Cash From Operating Activity Devon Energy Dec-2025 Cash From Operating Activity is $6,711 Million which is growth of 1.7% YoY.

  • POSITIVE

    Net Cash Flow Devon Energy Dec-2025 Net Cash Flow is $588 Million which is growth of 2361.5% YoY.

Devon Energy Corp., Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-7.7%
35.6%
6,7116,6006,5448,5304,8991,4642,0432,2282,9091,7465,383
-
-
-3,393-7,332-3,942-5,123-1,574-1,127-1,551-1,493-2,210-872-6,324
-
-
-2,730706-3,184-4,213-3,292-306-2,061-4,3869-1,1641,848
Cash Plus Cash Eqv. End Of Year Ann.
-0.5%
-8.5%
1,4348468751,4542,2712,2371,8442,4462,6731,9592,310
Net Increase In Cash Plus Cash Eqv.s Ann.
-
7.9%
588-26-582-80633402-647-444708-290907
Cash Plus Cash Eqv. Begin Of Year Ann.
-28%
-14.4%
8468751,4542,2712,2371,8442,4462,6841,9592,3101,480
Income Tax Paid Supplemental Data Ann.
-24.8%
1.7%
186480400438-17164078
Interest Paid Supplemental Data Ann.
11.2%
14.5%
509366378370-259308385481566494
Capex Ann.
-
-
-3,914-7,453-3,947-5,125-2,007-1,161-1,941-2,506-2,805-3,971-6,415
Issuance Of Capital Stock Ann.
-
-
-------5012,361679
Issuance Of Debt Ann.
-
-
3,219------2,3762,1454,772
Repayment Of Debt Ann.
-
-
-767-472-242-1,243-162-922-2,118-5,035-2,941
Repurchase Of Capital Stock Ann.
-
-
-1,050-1,057-979-718-589-38-1,849-2,956---
Free Cash Flow Ann.
-6.3%
70.7%
2,797-8532,5973,4052,892193130198104-2,225-1,032
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
1.7%
2Y CAGR
1.3%
3Y CAGR
-7.7%
5Y CAGR
35.6%
7Y CAGR
17.1%
10Y CAGR
2.2%
Cash from Operating Activity Annual growth is stable compared to historical averages.