Devon Energy Corporation DVN
47.05
(1.85)
(3.78%)
as of 25 Sep
- Market cap
- $53.3B
- P/E
- 11.1×
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Devon Energy Corporation (DVN) Debt to equity
Devon Energy Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.3× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.5× (fiscal 2018) to 1.4× (fiscal 2020); the current reading is higher than 36% of that period. That is in line with the Oil & Gas E&P industry median of 0.3× and below the Energy sector median of 0.4×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.5× | (10.58%) |
| FY2024 | 0.6× | 19.91% |
| FY2023 | 0.5× | (11.63%) |
| FY2022 | 0.6× | (17.66%) |
| FY2021 | 0.7× | (51.47%) |
| FY2020 | 1.4× | 95.91% |
| FY2019 | 0.7× | 50.18% |
| FY2018 | 0.5× | (0.37%) |
| FY2017 | 0.5× | (39.02%) |
| FY2016 | 0.8× | (32.70%) |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.3× | (49.82%) |
| Mar 2026 | 0.5× | 0.63% |
| Dec 2025 | 0.5× | (1.17%) |
| Sep 2025 | 0.5× | (5.86%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.5×
High 1.4×
Ten-year median
0.6×
Current reading's percentile
36
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| TPL Texas Pacific Land Corporation compare | 0.0× |
| EXE Expand Energy Corporation compare | 0.2× |
| EQT EQT Corporation compare | 0.2× |
| EOG EOG Resources, Inc. compare | 0.2× |
| WDS Woodside Energy Group Ltd compare | 0.3× |
| DVN Devon Energy Corporation | 0.3× |
| FANG Diamondback Energy, Inc. compare | 0.3× |
| OXY Occidental Petroleum Corporation compare | 0.3× |
| COP ConocoPhillips compare | 0.4× |
| Oil & Gas E&P industry median | 0.3× |
| Energy sector median | 0.4× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on DVN
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement