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Saturday 17 October 2026 Export DVN’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 73.1%, EPS grew 43.7%, free cash flow fell 130.2% and total debt rose 28.3%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

50.68 1.44 +2.92%
Market cap
$54.2B
P/E
12.0×
Fwd P/E
8.8×
Dividend yield
2.21%
F-score
5/9
Altman Z
2.22
Beneish M
−3.14
Dividend safety
66/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Devon Energy Corporation (DVN) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Devon Energy Corporation (DVN) trades at a P/B ratio of 1.1×. Over the past ten years it has ranged from 0.4× (March 2020) to 5.4× (June 2022); the current reading is higher than 14% of that period. That is below the Oil & Gas E&P industry median of 1.3× and below the Energy sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.5× 5.98%
FY2024 1.4× (41.32%)
FY2023 2.4× (28.42%)
FY2022 3.3× 7.79%
FY2021 3.1× 57.39%
FY2020 2.0× 12.23%
FY2019 1.8× 45.13%
FY2018 1.2× (22.15%)
FY2017 1.6× (17.01%)
FY2016 1.9× 58.30%

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.9× (53.84%)
Mar 2026 2.0× 34.76%
Dec 2025 1.5× 3.94%
Sep 2025 1.4× 8.59%
42 more quarters

Against its own ten years

Low 0.4× High 5.4×
Ten-year median 1.7×
Current reading's percentile 9

P/B ratio against peers

Company P/B ratio
WDS Woodside Energy Group Ltd compare n/m
DVN Devon Energy Corporation 1.1×
EXE Expand Energy Corporation compare 1.1×
EQT EQT Corporation compare 1.2×
FANG Diamondback Energy, Inc. compare 1.3×
PR Permian Resources Corporation compare 1.7×
OXY Occidental Petroleum Corporation compare 1.8×
EOG EOG Resources, Inc. compare 2.6×
TPL Texas Pacific Land Corporation compare 14.5×
Oil & Gas E&P industry median 1.3×
Energy sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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