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) Operating margin

Devon Energy Corporation's operating margin over the twelve months to 30 June 2026 was 21.4%, up 1.2 percentage points from fiscal 2025 (20.2%). Over the past ten years it has ranged from −145.1% (fiscal 2015) to 41.7% (fiscal 2022); the current reading is higher than 64% of that period. That is in line with the Oil & Gas E&P industry median of 21.4% and above the Energy sector median of 14.4%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 20.2% (3.12)
FY2024 23.3% (7.01)
FY2023 30.3% (11.38)
FY2022 41.7% 15.59
FY2021 26.1% 85.20
FY2020 −59.1% (61.38)
FY2019 2.27% (8.34)
FY2018 10.6% 5.06
FY2017 5.55% 1.34
FY2016 4.21% 149.27

Quarterly

Period Operating margin Change (points)
Jun 2026 32.1% 27.78
Mar 2026 4.36% (13.77)
Dec 2025 18.1% (2.93)
Sep 2025 21.1% (6.04)
42 more quarters

Against its own ten years

Low −145.1% High 41.7%
Ten-year median 10.6%
Current reading's percentile 64

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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