Devon Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Devon Energy
DVN Stock  USD 44.66  0.70  1.59%   
Devon Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Devon Energy's valuation are provided below:
Gross Profit
8.2 B
Profit Margin
0.1642
Market Capitalization
28 B
Enterprise Value Revenue
2.0018
Revenue
16.6 B
We have found one hundred twenty available fundamental signals for Devon Energy, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Devon Energy's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 17th of February 2026, Market Cap is likely to grow to about 19.3 B. Also, Enterprise Value is likely to grow to about 27.2 B

Devon Energy Total Revenue

18.8 Billion

Check Devon Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Devon Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 B, Interest Expense of 259.5 M or Total Revenue of 18.8 B, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.0434 or PTB Ratio of 1.45. Devon financial statements analysis is a perfect complement when working with Devon Energy Valuation or Volatility modules.
  
Build AI portfolio with Devon Stock
Check out the analysis of Devon Energy Correlation against competitors.
To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.

Devon Energy Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.6 B35.1 B27.2 B
Pretty Stable
Short and Long Term Debt Total6 B10.6 B8.5 B
Pretty Stable
Other Current Liabilities2.4 B2.3 B1.7 B
Slightly volatile
Total Current Liabilities2.4 B3.8 B3.5 B
Slightly volatile
Total Stockholder Equity9.2 B16.7 B11.6 B
Pretty Stable
Property Plant And Equipment Net30.6 B29.1 B19.3 B
Pretty Stable
Net Debt10.1 B9.6 B5.9 B
Slightly volatile
Cash1.4 B972.9 M2.3 B
Slightly volatile
Non Current Assets Total17.5 B31.1 B22.6 B
Pretty Stable
Non Currrent Assets Other292.8 M308.2 M1.4 B
Pretty Stable
Cash And Short Term Investments1.6 B972.9 M2.5 B
Slightly volatile
Net Receivables2.4 B2.3 B1.4 B
Slightly volatile
Common Stock Shares Outstanding752.3 M716.5 M496.3 M
Slightly volatile
Liabilities And Stockholders Equity20.6 B35.1 B27.2 B
Pretty Stable
Non Current Liabilities Total8.4 B14.3 B10.9 B
Pretty Stable
Other Stockholder Equity4.2 B7.3 B4.9 B
Slightly volatile
Total Liabilities10.8 B18.2 B14.4 B
Pretty Stable
Total Current Assets3 B3.9 B4.6 B
Slightly volatile
Accounts Payable778 M926.9 M842.1 M
Pretty Stable
Other Current Assets482.3 M362.2 M614.3 M
Pretty Stable
Short Term Debt414.7 M436.5 M1.5 B
Slightly volatile
Common Stock Total Equity43.5 M74.8 M48.2 M
Slightly volatile
Property Plant And Equipment Gross71.8 B68.4 B28.7 B
Slightly volatile
Intangible Assets1.3 B1.3 B2.1 B
Slightly volatile
Common Stock45.6 M74.8 M48.2 M
Slightly volatile
Other Liabilities2.4 B3.3 B2.7 B
Pretty Stable
Other Assets292.8 M308.2 M1.4 B
Pretty Stable
Long Term Debt7.6 B9.7 B7.4 B
Very volatile
Good Will643.8 M677.7 M2.4 B
Slightly volatile
Property Plant Equipment21 B29.1 B19.7 B
Very volatile
Net Tangible Assets7.3 B9.4 B9 B
Slightly volatile
Long Term Debt Total5.9 B7.8 B7.5 B
Pretty Stable
Capital Surpluse5.7 B7.3 B5.4 B
Slightly volatile
Deferred Long Term Liabilities1.9 B1.3 B2 B
Slightly volatile
Non Current Liabilities Other1.5 B756 M1.7 B
Slightly volatile
Short and Long Term Debt414.7 M436.5 M950 M
Pretty Stable
Long Term Investments877.9 M836 M236.2 M
Slightly volatile
Cash And Equivalents1.4 B729.9 M1.8 B
Slightly volatile
Net Invested Capital17.5 B26.9 B18.2 B
Very volatile
Net Working Capital100.9 M106.2 M1.2 B
Slightly volatile
Capital Stock59.9 M74.8 M51.5 M
Slightly volatile
Capital Lease Obligations295.9 M368 M263.2 M
Slightly volatile

Devon Energy Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4 B3.8 B2.4 B
Slightly volatile
Total Revenue18.8 B17.9 B11.5 B
Slightly volatile
Other Operating Expenses14.2 B13.6 B9.2 B
Slightly volatile
Cost Of Revenue13.6 B13 B8.5 B
Slightly volatile
Total Operating Expenses731 M575 M704 M
Slightly volatile
Selling General Administrative557.5 M575 M554.7 M
Pretty Stable
Selling And Marketing Expenses5.7 B5.5 B2.3 B
Pretty Stable
Non Recurring24.8 M26.1 M2.7 B
Slightly volatile
Interest Income53 M55.8 M297 M
Slightly volatile
Reconciled Depreciation2.3 B3.7 B2.2 B
Slightly volatile

Devon Energy Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.4 B1 B2.4 B
Slightly volatile
Depreciation3.9 B3.7 B2.5 B
Slightly volatile
Capital Expenditures9 B8.6 B5.3 B
Very volatile
Total Cash From Operating Activities8 B7.6 B4.8 B
Slightly volatile
End Period Cash Flow1.5 B972.9 M2.3 B
Slightly volatile
Stock Based Compensation101.8 M113.8 M125.6 M
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.941.511.8778
Very volatile
Dividend Yield0.04340.04140.0295
Slightly volatile
PTB Ratio1.451.271.853
Slightly volatile
Days Sales Outstanding67.8553.1752.951
Slightly volatile
Book Value Per Share17.2521.2426.0837
Slightly volatile
Operating Cash Flow Per Share6.059.538.7618
Pretty Stable
Stock Based Compensation To Revenue0.00850.00570.012
Pretty Stable
Capex To Depreciation1.962.0690.8263
Very volatile
PB Ratio1.451.271.853
Slightly volatile
EV To Sales3.812.122.4594
Very volatile
Inventory Turnover25.934.5857.4166
Pretty Stable
Days Of Inventory On Hand20.3310.927.9238
Pretty Stable
Payables Turnover13.2512.6111.2562
Slightly volatile
Sales General And Administrative To Revenue0.04810.03690.0359
Pretty Stable
Capex To Revenue0.640.550.4923
Slightly volatile
Cash Per Share1.161.225.4223
Slightly volatile
POCF Ratio6.933.556.0592
Slightly volatile
Capex To Operating Cash Flow1.391.31.258
Slightly volatile
Days Payables Outstanding28.4529.9549.6155
Slightly volatile
EV To Operating Cash Flow8.925.017.5408
Slightly volatile
Intangibles To Total Assets0.0270.02840.0824
Slightly volatile
Current Ratio1.571.191.463
Pretty Stable
Tangible Book Value Per Share12.6520.1520.4136
Slightly volatile
Receivables Turnover5.277.17.6061
Slightly volatile
Graham Number31.3844.3646.6457
Pretty Stable
Shareholders Equity Per Share16.3320.9423.9809
Slightly volatile
Debt To Equity0.570.63490.786
Very volatile
Capex Per Share7.0410.7710.4526
Slightly volatile
Revenue Per Share11.9822.4920.8065
Very volatile
Interest Debt Per Share10.8313.8717.0538
Slightly volatile
Debt To Assets0.230.270.2927
Very volatile
Short Term Coverage Ratios8.9912.2515.8397
Slightly volatile
Operating Cycle81.2264.158.1734
Pretty Stable
Price Book Value Ratio1.451.271.853
Slightly volatile
Days Of Payables Outstanding28.4529.9549.6155
Slightly volatile
Price To Operating Cash Flows Ratio6.933.556.0592
Slightly volatile
Company Equity Multiplier1.821.892.4997
Pretty Stable
Long Term Debt To Capitalization0.290.330.3833
Very volatile
Total Debt To Capitalization0.30.350.4097
Very volatile
Debt Equity Ratio0.570.63490.786
Very volatile
Quick Ratio1.531.091.433
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.70.710.8196
Slightly volatile
Cash Ratio0.460.230.6655
Slightly volatile
Operating Cash Flow Sales Ratio0.520.490.4139
Very volatile
Days Of Inventory Outstanding20.3310.927.9238
Pretty Stable
Days Of Sales Outstanding67.8553.1752.951
Slightly volatile
Cash Flow Coverage Ratios0.960.820.6184
Slightly volatile
Price To Book Ratio1.451.271.853
Slightly volatile
Fixed Asset Turnover0.380.550.6035
Slightly volatile
Capital Expenditure Coverage Ratio0.790.80.9973
Slightly volatile
Price Cash Flow Ratio6.933.556.0592
Slightly volatile
Debt Ratio0.230.270.2927
Very volatile
Cash Flow To Debt Ratio0.960.820.6184
Slightly volatile
Price Sales Ratio2.941.511.8778
Very volatile
Asset Turnover0.270.460.4101
Slightly volatile
Price Fair Value1.451.271.853
Slightly volatile

Devon Energy Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap19.3 B18.4 B19 B
Slightly volatile
Enterprise Value27.2 B25.9 B26.8 B
Slightly volatile

Devon Fundamental Market Drivers

Forward Price Earnings12.1065
Cash And Short Term Investments846 M

Devon Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Devon Energy Financial Statements

Devon Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Devon Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-54 M-51.3 M
Total Revenue17.9 B18.8 B
Cost Of Revenue13 B13.6 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.05 
Capex To Revenue 0.55  0.64 
Revenue Per Share 22.49  11.98 
Ebit Per Revenue 0.22  0.14 

Pair Trading with Devon Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Devon Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Devon Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Devon Stock

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Moving against Devon Stock

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The ability to find closely correlated positions to Devon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devon Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Devon Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Devon Energy to buy it.
The correlation of Devon Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Devon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devon Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Devon Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:
How To Invest In Devon
Details
Is Devon Stock a good investment?
Details
What is Devon Energy's Net Worth?
Details
Largest Oil & Gas Exploration & Production Companies
View
Largest Oil & Gas E&P Companies
View
Check out the analysis of Devon Energy Correlation against competitors.
To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Will Oil & Gas Exploration & Production sector continue expanding? Could Devon diversify its offerings? Factors like these will boost the valuation of Devon Energy. Projected growth potential of Devon fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Devon Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.16)
Dividend Share
0.94
Earnings Share
4.24
Revenue Per Share
25.886
Quarterly Revenue Growth
0.071
Understanding Devon Energy requires distinguishing between market price and book value, where the latter reflects Devon's accounting equity. The concept of intrinsic value - what Devon Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Devon Energy's price substantially above or below its fundamental value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
It's important to distinguish between Devon Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Devon Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Devon Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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