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.
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Devon Energy Corporation (DVN) P/E ratio
As of 16 October 2026, Devon Energy Corporation (DVN) trades at a P/E ratio of 12.0×. Over the past ten years it has ranged from 0.0× (June 2021) to 188× (September 2021); the current reading is higher than 85% of that period. That is above the Oil & Gas E&P industry median of 11.0× and below the Energy sector median of 13.9×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 8.7× | 22.60% |
| FY2024 | 7.1× | (9.00%) |
| FY2023 | 7.8× | 23.36% |
| FY2022 | 6.4× | (39.58%) |
| FY2021 | 10.5× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 3.5× | (81.82%) |
| FY2017 | 19.2× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 9.8× | (29.92%) |
| Mar 2026 | 13.9× | 59.45% |
| Dec 2025 | 8.7× | 6.22% |
| Sep 2025 | 8.2× | 15.91% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| WDS Woodside Energy Group Ltd compare | 3.6× |
| EXE Expand Energy Corporation compare | 8.0× |
| OXY Occidental Petroleum Corporation compare | 9.5× |
| DVN Devon Energy Corporation | 12.0× |
| EOG EOG Resources, Inc. compare | 12.2× |
| EQT EQT Corporation compare | 12.5× |
| PR Permian Resources Corporation compare | 15.9× |
| FANG Diamondback Energy, Inc. compare | 39.7× |
| TPL Texas Pacific Land Corporation compare | 44.7× |
| Oil & Gas E&P industry median | 11.0× |
| Energy sector median | 13.9× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on DVN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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