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Overview

DEVON ENERGY CORP/DE

DVNNYSEEnergyCrude Petroleum & Natural GasCIK 0001090012Large-cap benchmark

Latest 10-K: FY2025, filed Feb 18, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$17.19B
7.8%YoYup from FY2024
TotalRevenue
Gross profit
Not reported
Net income
$2.64B
8.7%YoYdown from FY2024
NetIncome
Diluted EPS
$4.17
8.6%YoYdown from FY2024
EPSDiluted
Diluted shares
633.0M
0.2%YoYdown from FY2024
WeightedAvgSharesDiluted

At a glance

Growth

  • DEVON ENERGY CORP/DE reported revenue of $17.19B for fiscal 2025, up 7.8% from fiscal 2024.
  • Revenue grew faster than the median S&P 500 member in 3 of the last 5 fiscal years.

Profitability

  • Net margin was 15.4%, against a median of 12.8% across S&P 500 members for the same fiscal year.

Per share

  • Diluted EPS was $4.17, down 8.6% from the prior year.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Revenue
$17.19B7.8%up
Benchmark median 6.4%
$15.94B4.5%up
Benchmark median 4.5%
$15.26B20.4%down
Benchmark median 4.8%
$19.17B57.0%up
Benchmark median 10.3%
$12.21B152.8%up
Benchmark median 13.8%
8.9%
Benchmark median 6.6%
Gross Profit
Median of 315 / 498
—
—
—
—
—
—
Benchmark median 6.2%
Operating Income
Median of 373 / 498
—
—
—
—
—
—
Benchmark median 7.2%
Net Income
$2.64B8.7%down
Benchmark median 4.8%
$2.89B22.6%down
Benchmark median 5.7%
$3.74B38.0%down
Benchmark median 1.9%
$6.03B114.4%up
Benchmark median 1.3%
$2.81Bn/m
Benchmark median 33.9%
-1.6%
Benchmark median 4.1%
EPS (Diluted)
$4.178.6%down
Benchmark median 6.2%
$4.5621.9%down
Benchmark median 7.9%
$5.8436.0%down
Benchmark median 1.9%
$9.12117.7%up
Benchmark median 1.5%
$4.19n/m
Benchmark median 34.8%
-0.1%
Benchmark median 5.6%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Total Assets
$31.60B3.6%up
Benchmark median 5.6%
$30.49B24.5%up
Benchmark median 3.4%
$24.49B5.2%up
Benchmark median 4.1%
$23.27B10.7%up
Benchmark median 2.2%
$21.02B112.1%up
Benchmark median 6.7%
10.7%
Benchmark median 4.7%
Total Liabilities
Median of 357 / 498
—
—
—
—
—
—
Benchmark median 4.4%
Stockholders' Equity
$15.53B5.6%up
Benchmark median 6.8%
$14.70B20.4%up
Benchmark median 5.4%
$12.22B8.2%up
Benchmark median 7.3%
$11.30B20.2%up
Benchmark median 2.5%
$9.40B211.3%up
Benchmark median 9.0%
13.4%
Benchmark median 6.1%
Cash & Equivalents
$1.38B70.7%up
Benchmark median 5.2%
$0.81B4.9%down
Benchmark median 1.9%
$0.85B35.1%down
Benchmark median 6.7%
$1.31B37.4%down
Benchmark median -8.6%
$2.10B2.5%up
Benchmark median -2.9%
-9.9%
Benchmark median 2.0%
Total Debt
$9.39B0.2%up
Benchmark median 2.1%
$9.37B41.1%up
Benchmark median 0.2%
$6.64B0.8%down
Benchmark median 0.3%
$6.69B3.2%up
Benchmark median 0.1%
$6.48B50.8%up
Benchmark median -0.1%
9.7%
Benchmark median 4.3%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Operating Cash Flow
$6.71B1.7%up
Benchmark median 6.3%
$6.60B0.9%up
Benchmark median 4.8%
$6.54B23.3%down
Benchmark median 9.9%
$8.53B74.1%up
Benchmark median -0.7%
$4.90B234.6%up
Benchmark median 10.7%
8.2%
Benchmark median 7.0%
Capital Expenditures
$3.59B1.5%down
Benchmark median 5.4%
$3.65B6.1%down
Benchmark median 2.8%
$3.88B52.8%up
Benchmark median 11.3%
$2.54B27.8%up
Benchmark median 14.0%
$1.99B72.5%up
Benchmark median 8.1%
15.9%
Benchmark median 9.0%
Free Cash Flow
Median of 378 / 498
$3.12B5.5%up
Benchmark median 7.3%
$2.96B11.0%up
Benchmark median 6.1%
$2.66B55.6%down
Benchmark median 8.8%
$5.99B105.8%up
Benchmark median -11.3%
$2.91B835.7%up
Benchmark median 10.2%
1.7%
Benchmark median 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

11.4%

Wall Street

on net earnings

FY2024 13.9%

13.5%

Value investor

on free cash flow

FY2024 14.2%

Gap +2.1 pts: Value-investor figure 2.1 points higher

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 8.8×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Peers, filings & research

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Research Reports

No published research on DVN yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on DVN and publish the result to your public profile.

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Cite this page

Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/DVN

APA-style text
Valuein. (2026, October 31). DEVON ENERGY CORP/DE (DVN) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/DVN
BibTeX
@misc{valuein_dvn_2026,
  author = {{Valuein}},
  title = {DEVON ENERGY CORP/DE (DVN) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/DVN}},
  note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Feb 18, 2026 · accession 0001193125-26-056485

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

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