Devon Energy Corporation DVN
- Market cap
- $53.3B
- P/E
- 11.1×
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Devon Energy Corporation (DVN) Return on equity
Devon Energy Corporation's return on equity over the twelve months to 30 June 2026 was 11.5%, down 6.0 percentage points from fiscal 2025 (17.5%). Over the past ten years it has ranged from −69.1% (fiscal 2015) to 58.1% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas E&P industry median of 10.1% and above the Energy sector median of 8.05%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 17.5% | (4.00) |
| FY2024 | 21.5% | (10.39) |
| FY2023 | 31.9% | (26.26) |
| FY2022 | 58.1% | 12.82 |
| FY2021 | 45.3% | 105.27 |
| FY2020 | −60.0% | (55.26) |
| FY2019 | −4.70% | (31.01) |
| FY2018 | 26.3% | 19.62 |
| FY2017 | 6.69% | 15.60 |
| FY2016 | −8.91% | 60.21 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| TPL Texas Pacific Land Corporation compare | 36.6% |
| EOG EOG Resources, Inc. compare | 22.5% |
| OXY Occidental Petroleum Corporation compare | 21.1% |
| EXE Expand Energy Corporation compare | 14.9% |
| COP ConocoPhillips compare | 14.1% |
| DVN Devon Energy Corporation | 11.5% |
| EQT EQT Corporation compare | 10.1% |
| FANG Diamondback Energy, Inc. compare | 3.38% |
| WDS Woodside Energy Group Ltd compare | 0.00% |
| Oil & Gas E&P industry median | 10.1% |
| Energy sector median | 8.05% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on DVN
- Revenue
- Net income
- EBITDA
- Free cash flow
- 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
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement