Devon Energy PE ratio DVN

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 12.2×
9-year median: 8.4×
Against its 9-year history: 71st; percentile: 0 is its lowest day, 100 its highest
9-year range: 4.2× to 225×
Peer median: 14.9×

Devon Energy's PE ratio is 12.2× as of Oct 23, 2026: a share price of $51.39 against $4.21 of earnings per share over the last twelve months.

That is above its 9-year median of 8.4×, higher than on 71% of days in the last 9 years.

Over that time it ranged from 4.2× in Mar 2019 to 225× in Oct 2021.

The median for 10 oil and gas producers of a similar size is 14.9×.

PE ratio over time

median 8.4×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.2×	8.4×	13.8×
2025	8.4×	6.2×	8.8×
2024	5.8×	5.7×	9.7×
2023	7.7×	5.0×	7.8×
2022	6.4×	6.2×	32.4×
2021	26.4×	23.5×	225×
2020	7.1×	6.8×	8.2×
2019	8.0×	4.2×	8.0×
2018	186×	11.6×	186×
2017	14.1×	6.9×	69.8×
2016	n/m a value too high to mean anything
2015	17.6×	11.1×	17.6×
2014	11.2×	9.8×	19.7×
2013	37.0×	33.9×	37.8×
2012	32.0×	4.9×	33.6×
2011	5.5×	4.1×	9.8×
2010	7.5×	6.7×	11.7×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Devon Energy's size, closest first, today.

Company	PE ratio
DVNDevon Energy	12.2×
FANGDiamondback Energy	39.9×
OXYOccidental Petroleum	9.9×
EOGEOG Resources	12.7×
EQTEQT	12.9×
TPLTexas Pacific Land	43.1×
EXEExpand Energy	8.1×
PRPermian Resources	16.9×
OVVOvintiv	20.5×
APAAPA	11.0×
COPConocoPhillips	19.9×
Peer median	14.9×

Where Devon Energy ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Devon Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.