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) Return on invested capital
Devon Energy Corporation's return on invested capital over the twelve months to 30 June 2026 was 5.05%, down 4.6 percentage points from fiscal 2025 (9.64%). Over the past ten years it has ranged from −54.9% (fiscal 2015) to 30.7% (fiscal 2022); the current reading is higher than 64% of that period. That is below the Oil & Gas E&P industry median of 6.32% and below the Energy sector median of 5.84%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 9.64% | (0.56) |
| FY2024 | 10.2% | (6.31) |
| FY2023 | 16.5% | (14.16) |
| FY2022 | 30.7% | 16.08 |
| FY2021 | 14.6% | 49.64 |
| FY2020 | −35.1% | (36.10) |
| FY2019 | 1.05% | (4.21) |
| FY2018 | 5.26% | 4.03 |
| FY2017 | 1.23% | 0.38 |
| FY2016 | 0.85% | 55.74 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| TPL Texas Pacific Land Corporation compare | 29.5% |
| EOG EOG Resources, Inc. compare | 16.0% |
| EXE Expand Energy Corporation compare | 10.3% |
| PR Permian Resources Corporation compare | 8.64% |
| EQT EQT Corporation compare | 7.36% |
| OXY Occidental Petroleum Corporation compare | 6.85% |
| DVN Devon Energy Corporation | 5.05% |
| FANG Diamondback Energy, Inc. compare | 1.20% |
| WDS Woodside Energy Group Ltd compare | 0.00% |
| Oil & Gas E&P industry median | 6.32% |
| Energy sector median | 5.84% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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