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) Gross margin

Devon Energy Corporation's gross margin over the twelve months to 30 June 2026 was 79.5%, up 0.2 percentage points from fiscal 2025 (79.3%). Over the past ten years it has ranged from 73.3% (fiscal 2016) to 100.0% (fiscal 2015); the current reading is higher than 27% of that period. That is in line with the Oil & Gas E&P industry median of 80.4% and above the Energy sector median of 49.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 79.3% (0.78)
FY2024 80.0% (0.78)
FY2023 80.8% (4.60)
FY2022 85.4% 2.87
FY2021 82.5% 5.80
FY2020 76.7% (4.02)
FY2019 80.8% (6.28)
FY2018 87.0% (0.79)
FY2017 87.8% 14.56
FY2016 73.3% (26.73)

Quarterly

Period Gross margin Change (points)
Jun 2026 81.2% 4.70
Mar 2026 76.5% (2.59)
Dec 2025 79.1% (0.23)
Sep 2025 79.3% 0.33
42 more quarters

Against its own ten years

Low 73.3% High 100.0%
Ten-year median 80.8%
Current reading's percentile 27

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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