DVN
Devon Energy Corporation
NYSE: DVN · ENERGY · OIL & GAS E&P
$51.08
+3.23% today
Updated 2026-04-29
Market cap
$31.74B
P/E ratio
12.25
P/S ratio
1.98x
EPS (TTM)
$4.17
Dividend yield
1.94%
52W range
$29 – $53
Volume
15.2M
Devon Energy Corporation (DVN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.54B | $11.36B | $14.01B | $7.63B | $9.13B | $10.57B | $8.81B | $10.59B | $17.55B | $7.80B | $10.52B | $8.82B | $8.44B | $6.67B | $4.35B | $13.75B | $19.83B | $15.14B | $15.57B | $17.13B |
| Revenue growth (YoY) | — | +7.8% | +23.3% | -45.5% | +19.6% | +15.8% | -16.7% | +20.2% | +65.8% | -55.6% | +34.8% | -16.1% | -4.3% | -20.9% | -34.8% | +216.0% | +44.2% | -23.6% | +2.8% | +10.0% |
| Cost of revenue | $5.34B | $5.99B | $6.75B | $11.30B | $5.07B | $5.91B | $6.24B | $6.72B | $12.47B | $11.65B | $9.64B | $7.41B | $6.83B | $5.56B | $4.60B | $8.54B | $10.85B | $9.94B | $11.30B | $12.89B |
| Gross profit | $5.20B | $5.38B | $7.27B | $-3.67B | $4.06B | $4.67B | $2.57B | $3.87B | $5.09B | $-3.85B | $873.00M | $1.41B | $1.61B | $1.11B | $-252.00M | $5.21B | $8.97B | $5.20B | $4.27B | $4.23B |
| Gross margin | 49.3% | 47.3% | 51.9% | -48.1% | 44.5% | 44.1% | 29.2% | 36.6% | 29.0% | -49.4% | 8.3% | 16.0% | 19.1% | 16.6% | -5.8% | 37.9% | 45.3% | 34.3% | 27.4% | 24.7% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $397.00M | $513.00M | $653.00M | $648.00M | $563.00M | $585.00M | $692.00M | $591.00M | $761.00M | $855.00M | $733.00M | $872.00M | $650.00M | $473.00M | $338.00M | $391.00M | $395.00M | $408.00M | $500.00M | $492.00M |
| Operating income | $4.46B | $4.52B | $6.15B | $-4.63B | $3.12B | $3.66B | $1.46B | $2.79B | $3.64B | $-5.17B | $8.00M | $672.00M | $1.03B | $635.00M | $-590.00M | $4.82B | $8.58B | $4.79B | $3.77B | $3.77B |
| Operating margin | 42.3% | 39.8% | 43.9% | -60.7% | 34.2% | 34.6% | 16.6% | 26.4% | 20.7% | -66.3% | 0.1% | 7.6% | 12.3% | 9.5% | -13.6% | 35.0% | 43.3% | 31.7% | 24.2% | 22.0% |
| EBITDA | $7.04B | $7.59B | $-548.00M | $4.43B | $5.93B | $6.98B | $3.01B | $3.48B | $7.87B | $-17.62B | $1.87B | $2.90B | $2.54B | $1.66B | $-1.36B | $5.42B | $10.38B | $7.57B | $7.43B | $7.42B |
| EBITDA margin | 66.8% | 66.8% | -3.9% | 58.1% | 65.0% | 66.0% | 34.2% | 32.9% | 44.8% | -225.9% | 17.8% | 32.8% | 30.0% | 24.8% | -31.2% | 39.4% | 52.4% | 50.0% | 47.7% | 43.4% |
| EBIT | $4.43B | $4.65B | $-3.83B | $-4.18B | $3.91B | $4.64B | $89.00M | $586.00M | $4.55B | $-20.75B | $-410.00M | $1.09B | $1.21B | $141.00M | $-2.81B | $3.26B | $8.12B | $4.99B | $4.14B | $3.77B |
| Interest expense | $421.00M | $430.00M | $329.00M | $349.00M | $363.00M | $352.00M | $406.00M | $437.00M | $488.00M | $517.00M | $427.00M | $337.00M | $594.00M | $250.00M | $282.00M | $361.00M | $347.00M | $363.00M | $401.00M | $511.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.85B | $3.61B | $-2.15B | $-2.48B | $4.55B | $4.70B | $-206.00M | $-20.00M | $1.61B | $-14.45B | $-3.30B | $898.00M | $3.06B | $-357.00M | $-2.68B | $2.78B | $6.01B | $3.75B | $2.89B | $2.64B |
| Net income growth (YoY) | — | +26.7% | -159.6% | -15.4% | +283.5% | +3.4% | -104.4% | +90.3% | +8135.0% | -999.4% | +77.2% | +127.2% | +241.2% | -111.7% | -651.8% | +203.7% | +116.1% | -37.7% | -22.8% | -8.6% |
| Profit margin | 27.0% | 31.7% | -15.3% | -32.5% | 49.8% | 44.5% | -2.3% | -0.2% | 9.2% | -185.3% | -31.4% | 10.2% | 36.3% | -5.3% | -61.7% | 20.2% | 30.3% | 24.7% | 18.6% | 15.4% |