Devon Historical Financial Ratios
| DVN Stock | USD 37.95 0.47 1.22% |
Devon Energy is recently reporting on over 114 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.46 or Days Sales Outstanding of 66.54 will help investors to properly organize and evaluate Devon Energy financial condition quickly.
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About Devon Financial Ratios Analysis
Devon EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Devon Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Devon financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Devon Energy history.
Devon Energy Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Devon Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Devon Energy sales, a figure that is much harder to manipulate than other Devon Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Devon Energy dividend as a percentage of Devon Energy stock price. Devon Energy dividend yield is a measure of Devon Energy stock productivity, which can be interpreted as interest rate earned on an Devon Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Devon Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Devon Energy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.At this time, Devon Energy's Free Cash Flow Per Share is very stable compared to the past year. As of the 18th of January 2025, ROIC is likely to grow to 0.08, while PTB Ratio is likely to drop 1.46.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0844 | 0.0642 | 0.0578 | 0.0607 | Price To Sales Ratio | 2.09 | 1.91 | 2.2 | 2.9 |
Devon Energy fundamentals Correlations
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Devon Energy Account Relationship Matchups
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High Negative Relationship
Devon Energy fundamentals Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Price To Sales Ratio | 1.23 | 2.39 | 2.09 | 1.91 | 2.2 | 2.9 | |
| Dividend Yield | 0.0431 | 0.045 | 0.0844 | 0.0642 | 0.0578 | 0.0607 | |
| Ptb Ratio | 2.07 | 3.15 | 3.59 | 2.4 | 2.16 | 1.46 | |
| Days Sales Outstanding | 58.59 | 45.0 | 33.65 | 37.92 | 43.61 | 66.54 | |
| Book Value Per Share | 8.01 | 14.18 | 17.35 | 19.12 | 17.21 | 17.2 | |
| Free Cash Flow Yield | 0.0324 | 0.099 | 0.085 | 0.0897 | 0.0807 | 0.0848 | |
| Operating Cash Flow Per Share | 3.59 | 7.39 | 13.1 | 10.24 | 9.22 | 5.98 | |
| Stock Based Compensation To Revenue | 0.0182 | 0.008111 | 0.004591 | 0.006143 | 0.005528 | 0.007465 | |
| Capex To Depreciation | 0.3 | 0.56 | 2.31 | 1.53 | 1.38 | 1.31 | |
| Pb Ratio | 2.07 | 3.15 | 3.59 | 2.4 | 2.16 | 1.46 | |
| Ev To Sales | 1.71 | 2.76 | 2.36 | 2.28 | 2.62 | 3.7 | |
| Free Cash Flow Per Share | 0.51 | 4.36 | 5.23 | 4.06 | 3.66 | 3.84 | |
| Roic | (0.008733) | 0.18 | 0.3 | 0.087 | 0.0783 | 0.0822 | |
| Net Income Per Share | (6.75) | 4.24 | 9.24 | 5.86 | 6.74 | 7.08 | |
| Payables Turnover | 12.86 | 18.33 | 17.05 | 12.57 | 13.08 | 12.36 | |
| Sales General And Administrative To Revenue | 0.07 | 0.032 | 0.0206 | 0.0269 | 0.0243 | 0.0406 | |
| Capex To Revenue | 0.24 | 0.16 | 0.27 | 0.26 | 0.3 | 0.28 | |
| Cash Per Share | 5.93 | 3.43 | 2.23 | 1.37 | 1.23 | 1.17 | |
| Pocfratio | 4.4 | 5.96 | 4.69 | 4.42 | 5.09 | 7.03 | |
| Interest Coverage | (0.35) | 8.52 | 21.8 | 6.45 | 5.81 | 6.1 | |
| Payout Ratio | (0.1) | 0.47 | 0.56 | 0.5 | 0.57 | 0.6 | |
| Capex To Operating Cash Flow | 0.94 | 0.86 | 0.41 | 0.6 | 0.69 | 1.39 | |
| Pfcf Ratio | 30.88 | 10.1 | 11.76 | 11.15 | 10.03 | 9.53 | |
| Days Payables Outstanding | 19.91 | 21.4 | 29.03 | 27.91 | 32.09 | 30.49 | |
| Income Quality | (0.51) | 1.73 | 1.41 | 1.75 | 2.01 | 2.11 | |
| Roe | (0.88) | 0.3 | 0.54 | 0.31 | 0.36 | 0.38 | |
| Ev To Operating Cash Flow | 6.11 | 6.87 | 5.31 | 5.28 | 6.07 | 8.91 | |
| Pe Ratio | (2.34) | 10.38 | 6.66 | 7.73 | 8.88 | 9.33 | |
| Return On Tangible Assets | (0.006094) | (0.28) | 0.14 | 0.26 | 0.18 | 0.19 | |
| Ev To Free Cash Flow | 42.84 | 11.64 | 13.3 | 13.31 | 11.98 | 11.38 | |
| Earnings Yield | (0.007586) | (0.43) | 0.0963 | 0.15 | 0.13 | 0.16 | |
| Intangibles To Total Assets | 0.076 | 0.0358 | 0.0317 | 0.0307 | 0.0354 | 0.0336 | |
| Net Debt To E B I T D A | (1.7) | 0.82 | 0.51 | 0.74 | 0.85 | 0.98 | |
| Tangible Book Value Per Share | 6.01 | 13.04 | 16.2 | 17.94 | 16.15 | 12.56 | |
| Receivables Turnover | 6.23 | 8.11 | 10.85 | 9.62 | 8.66 | 5.56 | |
| Graham Number | 34.08 | 36.52 | 59.72 | 49.9 | 44.91 | 29.42 | |
| Shareholders Equity Per Share | 7.65 | 13.97 | 17.15 | 18.87 | 16.99 | 16.27 |
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
Moving against Devon Stock
| 0.7 | EP | Empire Petroleum Corp | PairCorr |
| 0.67 | BKV | BKV Corporation | PairCorr |
| 0.66 | DEC | Diversified Energy | PairCorr |
| 0.61 | VIST | Vista Oil Gas | PairCorr |
| 0.58 | CRK | Comstock Resources | PairCorr |
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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Devon Energy. If investors know Devon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Devon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2 | Earnings Share 5.4 | Revenue Per Share | Quarterly Revenue Growth (0.10) |
The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.