Devon Financial Statements From 2010 to 2025

DVN Stock  USD 35.11  0.56  1.62%   
Devon Energy financial statements provide useful quarterly and yearly information to potential Devon Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Devon Energy financial statements helps investors assess Devon Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Devon Energy's valuation are summarized below:
Gross Profit
B
Profit Margin
0.1906
Market Capitalization
22.4 B
Enterprise Value Revenue
1.93
Revenue
15.2 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 2025 to make sure the company can sustain itself down the road. As of the 18th of March 2025, Market Cap is likely to grow to about 19.5 B. Also, Enterprise Value is likely to grow to about 27.4 B

Devon Energy Total Revenue

16.74 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 3.4 B, Interest Expense of 279.3 M or Total Revenue of 16.7 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0476 or PTB Ratio of 1.45. Devon financial statements analysis is a perfect complement when working with Devon Energy Valuation or Volatility modules.
  
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

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.6 B30.5 B26.7 B
Slightly volatile
Short and Long Term Debt Total6.2 B9.2 B8.7 B
Pretty Stable
Total Current Liabilities2.4 B3.3 B3.4 B
Slightly volatile
Total Stockholder Equity9.2 B14.5 B11.3 B
Pretty Stable
Property Plant And Equipment Net13.9 B23.5 B18.3 B
Pretty Stable
Net Debt4.3 B8.4 B5.7 B
Very volatile
Cash1.4 B846 M2.4 B
Slightly volatile
Non Current Assets Total17.5 B27.1 B22 B
Pretty Stable
Cash And Short Term Investments1.6 B846 M2.6 B
Slightly volatile
Net Receivables2.1 BB1.4 B
Slightly volatile
Common Stock Shares Outstanding348.3 M623 M457.3 M
Slightly volatile
Liabilities And Stockholders Equity20.6 B30.5 B26.7 B
Slightly volatile
Non Current Liabilities Total8.4 B12.5 B10.7 B
Pretty Stable
Other Stockholder Equity4.2 B6.4 B4.7 B
Slightly volatile
Total Liabilities10.8 B15.8 B14.2 B
Slightly volatile
Total Current AssetsB3.4 B4.7 B
Slightly volatile
Other Current Liabilities2.1 BB1.3 B
Slightly volatile
Accounts Payable783 M806 M810.3 M
Slightly volatile
Other Current Assets336.8 M315 M443.1 M
Pretty Stable
Common Stock Total Equity43.5 M74.8 M47.1 M
Slightly volatile
Property Plant And Equipment Gross62.4 B59.4 B25.6 B
Slightly volatile
Intangible Assets1.3 B1.3 B2.1 B
Slightly volatile
Common Stock45.6 M65 M46.6 M
Slightly volatile
Other Liabilities2.4 B3.3 B2.6 B
Pretty Stable
Other Assets335.4 M353.1 M1.4 B
Very volatile
Long Term Debt7.6 B8.4 B7.3 B
Very volatile
Good Will643.8 M677.7 M2.6 B
Slightly volatile
Property Plant Equipment20.7 B20.8 B18.7 B
Pretty Stable
Short Term Debt460.8 M485 M1.6 B
Slightly volatile
Net Tangible Assets7.3 B9.4 B8.9 B
Slightly volatile
Long Term Debt Total5.9 B5.8 B7.3 B
Slightly volatile
Capital Surpluse5.6 BB5.4 B
Slightly volatile
Deferred Long Term Liabilities1.9 B1.3 BB
Slightly volatile
Non Current Liabilities Other1.5 B840 M1.7 B
Slightly volatile
Short and Long Term Debt460.8 M485 M985 M
Very volatile
Long Term Investments412.1 M727 M169.6 M
Slightly volatile
Cash And Equivalents1.7 B1.3 B1.9 B
Slightly volatile
Net Invested Capital17.5 B23.4 B17.6 B
Pretty Stable
Net Working Capital112.1 M118 M1.3 B
Slightly volatile
Capital Stock59.9 M65 M50.1 M
Slightly volatile
Capital Lease Obligations295.9 M320 M256.6 M
Slightly volatile

Devon Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.4 B3.3 B2.3 B
Slightly volatile
Total Revenue16.7 B15.9 B11.8 B
Slightly volatile
Gross Profit16.7 B15.9 B5.8 B
Slightly volatile
Other Operating Expenses5.5 B5.2 B8.3 B
Very volatile
Cost Of Revenue11.8 B11.2 B7.4 B
Slightly volatile
Total Operating Expenses5.5 B5.2 B2.7 B
Pretty Stable
Selling General Administrative558.6 M500 M555.2 M
Pretty Stable
Selling And Marketing Expenses3.7 B4.7 B4.1 B
Slightly volatile
Non Recurring24.8 M26.1 M2.8 B
Slightly volatile
Interest Income58.9 M62 M312.5 M
Slightly volatile
Reconciled Depreciation2.3 B3.3 B2.1 B
Slightly volatile

Devon Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.4 B875 M2.5 B
Slightly volatile
Depreciation1.8 B3.3 B2.3 B
Pretty Stable
Dividends Paid983.9 M937 M693.7 M
Slightly volatile
Capital Expenditures3.8 B3.6 B4.6 B
Slightly volatile
Total Cash From Operating Activities3.6 B6.6 B4.3 B
Pretty Stable
End Period Cash Flow1.5 B846 M2.4 B
Slightly volatile
Stock Based Compensation101.8 M99 M126.3 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.231.29771.6818
Pretty Stable
Dividend Yield0.04760.04530.029
Slightly volatile
PTB Ratio1.451.4271.8907
Slightly volatile
Days Sales Outstanding66.0945.155649.5929
Slightly volatile
Book Value Per Share17.2423.265826.3648
Slightly volatile
Operating Cash Flow Per Share6.0510.4438.7044
Pretty Stable
Stock Based Compensation To Revenue0.00730.00620.0107
Very volatile
Capex To Depreciation1.061.119896.2448
Very volatile
PB Ratio1.451.4271.8907
Slightly volatile
EV To Sales1.731.8222.2064
Pretty Stable
Inventory Turnover31.3735.9353.1493
Pretty Stable
Payables Turnover12.3611.779.6923
Slightly volatile
Sales General And Administrative To Revenue0.040.03140.0534
Slightly volatile
Capex To Revenue0.220.22870.4081
Slightly volatile
Cash Per Share2.661.33865.8294
Slightly volatile
POCF Ratio2.983.13415.972
Slightly volatile
Capex To Operating Cash Flow0.520.55231.1649
Slightly volatile
Days Payables Outstanding30.4932.0960.6407
Slightly volatile
EV To Operating Cash Flow8.794.40047.7939
Slightly volatile
Intangibles To Total Assets0.02350.02470.0837
Slightly volatile
Current Ratio1.571.03571.48
Very volatile
Tangible Book Value Per Share12.722.074420.5896
Slightly volatile
Receivables Turnover5.588.08328.5094
Pretty Stable
Graham Number31.3748.587246.7807
Pretty Stable
Shareholders Equity Per Share16.3222.936724.1496
Slightly volatile
Debt To Equity0.570.63490.8345
Very volatile
Capex Per Share6.95.767410.0367
Slightly volatile
Revenue Per Share12.725.221522.6388
Very volatile
Interest Debt Per Share10.9815.196217.8764
Slightly volatile
Debt To Assets0.230.30180.3065
Pretty Stable
Short Term Coverage Ratios9.3413.608216.5675
Slightly volatile
Operating Cycle86.6745.155665.6596
Pretty Stable
Price Book Value Ratio1.451.4271.8907
Slightly volatile
Days Of Payables Outstanding30.4932.0960.6407
Slightly volatile
Price To Operating Cash Flows Ratio2.983.13415.972
Slightly volatile
Company Equity Multiplier1.822.10332.5378
Pretty Stable
Long Term Debt To Capitalization0.290.37550.388
Pretty Stable
Total Debt To Capitalization0.30.38830.4242
Very volatile
Debt Equity Ratio0.570.63490.8345
Very volatile
Quick Ratio1.50.94681.38
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.511.44040.918
Slightly volatile
Cash Ratio0.460.25570.7051
Pretty Stable
Operating Cash Flow Sales Ratio0.510.41410.3778
Very volatile
Days Of Sales Outstanding66.0945.155649.5929
Slightly volatile
Cash Flow Coverage Ratios0.980.71720.588
Slightly volatile
Price To Book Ratio1.451.4271.8907
Slightly volatile
Fixed Asset Turnover0.390.67830.624
Slightly volatile
Capital Expenditure Coverage Ratio1.91.81071.1369
Slightly volatile
Price Cash Flow Ratio2.983.13415.972
Slightly volatile
Debt Ratio0.230.30180.3065
Pretty Stable
Cash Flow To Debt Ratio0.980.71720.588
Slightly volatile
Price Sales Ratio1.231.29771.6818
Pretty Stable
Asset Turnover0.280.52280.4349
Slightly volatile
Gross Profit Margin0.660.390.4085
Slightly volatile
Price Fair Value1.451.4271.8907
Slightly volatile

Devon Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap19.5 B18.6 B19.2 B
Slightly volatile
Enterprise Value27.4 B26.1 B26.9 B
Slightly volatile

Devon Fundamental Market Drivers

Forward Price Earnings7.1174
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 Revenue15.9 B16.7 B
Cost Of Revenue11.2 B11.8 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.04 
Capex To Revenue 0.23  0.22 
Revenue Per Share 25.22  12.70 
Ebit Per Revenue 0.67  0.70 

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

  0.68AR Antero Resources CorpPairCorr
  0.79SD SandRidge EnergyPairCorr

Moving against Devon Stock

  0.55CNX CNX Resources CorpPairCorr
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:
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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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
(0.46)
Dividend Share
1.45
Earnings Share
4.56
Revenue Per Share
24.005
Quarterly Revenue Growth
0.176
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.