SuperworthDevon Energy DVN
- Market cap
- $56.5B
- PE
- 12.2×
- 9y median 8.4×
- Forward PE
- 9.5×
- 10y median 9.7×
- Price to sales
- 2.9×
- EV/EBIT
- 13.5×
- Revenue, 12 months
- $19.7B
- +15% on a year ago
- Net margin
- 16.7%
- Free cash flow yield
- 8.3%
Devon Energy trades at 12.2× trailing earnings, pricier than 71% of the last ten years. Revenue was $19.7B over the last twelve months, up 15% on a year earlier with a 17% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.8B−29% | $4.1B−4% | $3.6B−6% | $3.9B+13% | $4B+5% | $4.4B+6% | $4.5B+24% | $4.3B+9% | $4.3B+8% | $4.1B−6% | $3.8B−15% | $7.4B+73% | |
| Cost of revenue | $1.2B | $1.1B | $1.1B+3% | $1.1B+5% | $1.1B−1% | $1.4B+28% | $1.4B+27% | $1.4B+23% | $1.5B+27% | $1.4B−1% | $1.5B+8% | $1.9B+38% |
| Gross profit | $2.7B | $3.1B | $2.5B−9% | $2.8B+17% | $2.9B+7% | $3B−2% | $3B+23% | $2.9B+4% | $2.9B+0% | $2.7B−9% | $2.3B−25% | $5.5B+89% |
| SG&A | $99M+4% | $111M−9% | $114M+8% | $114M+24% | $117M+18% | $155M+40% | $130M+14% | $113M−1% | $114M−3% | $135M−13% | $125M−4% | $175M+55% |
| $1.2B−53% | $1.5B−7% | $866M−33% | $1.1B+14% | $1.2B+3% | $987M−35% | $778M−10% | $1.3B+14% | $1B−15% | $842M−15% | $292M−63% | $2.3B+82% | |
| Interest expense | $93M+1% | $87M−7% | $87M−7% | $88M−8% | $98M+5% | $128M+47% | $127M+46% | $126M+43% | $125M+28% | $119M−7% | $118M−7% | $144M+14% |
| Pre-tax income | $1.1B−57% | $1.4B−8% | $768M−37% | $1B+16% | $1.1B−1% | $840M−41% | $646M−16% | $1.2B+12% | $912M−14% | $747M−11% | $166M−74% | $2.4B+105% |
| $152M−73% | $269M−23% | $159M−28% | $185M−7% | $239M+57% | $187M−31% | $137M−14% | $244M+32% | $219M−8% | $185M−1% | $46M−66% | $473M+94% | |
| Net income | $910M−52% | $1.2B−4% | $596M−40% | $844M+22% | $812M−11% | $639M−45% | $494M−17% | $899M+7% | $687M−15% | $562M−12% | $120M−76% | $1.9B+113% |
| $1.42−51% | $1.80−3% | $0.94−39% | $1.34+25% | $1.30−9% | $0.98−46% | $0.77−18% | $1.41+5% | $1.09−16% | $0.90−8% | $0.19−75% | $2.03+44% | |
| 639M−2% | 639M−2% | 632M−2% | 628M−2% | 623M−3% | 652M+2% | 645M+2% | 636M+1% | 629M+1% | 621M−5% | 618M−4% | 940M+48% |
Gross profit: 24 periods, Q3 FY17 to Q2 FY26: not printed by the filing, worked out from its own lines.
Operating income: 57 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: Q4 FY08 and Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 9 periods, Q2 FY14 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 13 periods, Q2 FY08 to Q4 FY12: not printed by the filing, worked out from its own lines. 8 periods, Q4 FY13 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 4 periods, Q4 FY14 to Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY18: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $6.5B | $5.7B to $7.2B | $1.29 | $0.93 to $1.50 | 15 |
| Q4 FY26 | $6.8B | $5.6B to $7.6B | $1.49 | $1.09 to $1.79 | 14 |
| Q1 FY27 | $6.3B | $5.3B to $7.2B | $1.44 | $1.14 to $1.70 | 8 |
| Q2 FY27 | $5.9B | $5B to $6.8B | $1.20 | $0.95 to $1.42 | 6 |
| Q3 FY27 | $6.2B | $5.2B to $7.1B | $1.25 | $0.99 to $1.48 | 6 |
| Q4 FY27 | $6.2B | $5.2B to $7.1B | $1.29 | $1.02 to $1.52 | 12 |
| Q1 FY28 | $6.6B | $5.5B to $7.5B | $1.41 | $1.11 to $1.66 | 13 |
| Q2 FY28 | $6.4B | $5.3B to $7.3B | $1.22 | $0.97 to $1.44 | 7 |
Peers
Companies in Oil & Gas Exploration & Production nearest Devon Energy's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| DVNDevon Energy | $56.5B | 12.2× | 8.4× | 9.5× | 2.9× | +15% | 16.7% |
| FANGDiamondback Energy | $57.6B | 39.9× | 11.4× | 9.8× | 3.4× | +21% | 8.6% |
| OXYOccidental Petroleum | $64.1B | 9.9× | 14.3× | 11.9× | 3.0× | −13% | 30.3% |
| EOGEOG Resources | $85.5B | 12.7× | 11.7× | 9.4× | 3.2× | +19% | 25.4% |
| EQTEQT | $34.8B | 12.9× | 17.7× | 17.8× | 3.6× | +32% | 28.4% |
| TPLTexas Pacific Land | $23.3B | 43.1× | 41.8× | 33.9× | 26.0× | +21% | 60.3% |
| EXEExpand Energy | $21.6B | 8.1× | 11.1× | 12.3× | 1.6× | +59% | 20.5% |
| PRPermian Resources | $21.3B | 16.9× | 13.3× | n/m | 3.7× | +13% | 21.5% |
| OVVOvintiv | $19.9B | 20.5× | 6.6× | n/m | 2.0× | +6% | 9.4% |
| APAAPA | $18.2B | 11.0× | 7.7× | n/m | 2.1× | −12% | 21.1% |
| COPConocoPhillips | $181.2B | 19.9× | 12.4× | 12.7× | 2.9× | +10% | 14.7% |
| Peer median | $29.1B | 14.9× | 12.1× | 12.3× | 3.1× | +16% | 21.3% |
Investors who own it
Investors we follow who held Devon Energy at the end of Jun 30, 2026, from their 13F filings.
- John ArmitageEgerton Capital3.0% of portfolioadded
More on Devon Energy
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #1of 28Energy stocks with the fastest expected revenue growth
- #8of 29Energy stocks with the lowest forward PE
Its groups
About
- Industry
- Oil & Gas Exploration & Production
- Sector
- Energy
Valuation data, not investment advice. Prices as of .