Devon Energy Corporation
DVN Energy Oil & Gas E&P
Devon Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, up 7.83% from fiscal 2024.
- Revenue
- +58.4%
- EPS
- −19.3%
- Free cash flow
- −130.2%
- Total debt
- +26.8%
Quarter to September 2026, against a year earlier
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Devon Energy Corporation (DVN) Free cash flow
Devon Energy Corporation's free cash flow for fiscal 2025 was $3.3B, compared with −$829.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $9.7B. Over the past ten years it has ranged from −$889.0M (fiscal 2015) to $3.4B (fiscal 2022); the current reading is higher than 91% of that period. Devon Energy Corporation ranks 11th of 68 Oil & Gas E&P companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $3.3B | — |
| FY2024 | −$829.0M | — |
| FY2023 | $2.6B | (23.84%) |
| FY2022 | $3.4B | 15.92% |
| FY2021 | $3.0B | 781.60% |
| FY2020 | $337.0M | (31.50%) |
| FY2019 | $492.0M | — |
| FY2018 | −$33.0M | — |
| FY2017 | $54.0M | (96.67%) |
| FY2016 | $1.6B | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $2.8B | — |
| Jun 2026 | −$285.0M | — |
| Mar 2026 | $628.0M | 4.15% |
| Dec 2025 | $603.0M | (8.77%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| EOG EOG Resources, Inc. compare | $14.1B |
| FANG Diamondback Energy, Inc. compare | $8.5B |
| OXY Occidental Petroleum Corporation compare | $5.7B |
| EQT EQT Corporation compare | $3.8B |
| EXE Expand Energy Corporation compare | $2.6B |
| DVN Devon Energy Corporation | $1.6B |
| PR Permian Resources Corporation compare | $1.0B |
| TPL Texas Pacific Land Corporation compare | $640.9M |
| WDS Woodside Energy Group Ltd compare | −$1.7B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on DVN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement