DVN
Devon Energy CorporationStock · EnergyS&P 500 Equal Weight 0.2% · S&P 500 0.08% · Russell 1000 0.07% · US Stock Market 0.07% · Russell 3000 0.06% · MSCI World 0.05% · MSCI ACWI 0.03%$50.23+0.42%
as of market close, Sep 11, 2026
☾ AH $50.24 +0.02%
DVN financial statements
The full income statement, balance sheet, and cash-flow statement for Devon Energy Corporation (DVN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 626.2M2024-09 656.9M2024-12 649.0M2025-03 642.1M2025-06 634.8M2025-09 627.3M2025-12 620.0M2026-03 621.0M2026-06 940.0M+50.1% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 16.8B+5.4% | 15.9B+5.1% | 15.1B-23.6% | 19.8B+44.2% | 13.8B+194.2% | |
| 14.5B+11.6% | 13.0B+13.3% | 11.5B-12.6% | 13.1B | — | ||
| Selling, general & administrative | 492M-1.6% | 500M+22.5% | 408M+3.3% | 395M+1.0% | 391M+15.7% | |
| General & administrative | 492M-1.6% | 500M+22.5% | 408M+3.3% | 395M+1.0% | 391M+15.7% | |
| Restructuring | — | — | 0.00 | 0.00-100.0% | 258M+426.5% | |
| Interest expense | 497M+23.9% | 401M+8.7% | 369M-0.3% | 370M-4.6% | 388M+49.8% | |
| Pre-tax income | 3.47B-6.6% | 3.71B-19.7% | 4.62B-40.5% | 7.78B+168.3% | 2.90B+193.8% | |
| Income tax | 785M+1.9% | 770M-8.4% | 841M-51.6% | 1.74B+2573.8% | 65.0M+111.9% | |
| 2.64B-8.7% | 2.89B-22.6% | 3.74B-38.0% | 6.03B+114.4% | 2.81B+205.0% | ||
| Income from continuing operations | — | — | — | 6.04B+113.1% | 2.83B+211.4% | |
| Discontinued operations | — | — | — | 0.00 | 0.00+100.0% | |
| Net income to non-controlling interest | 39.0M-23.5% | 51.0M+45.7% | 35.0M+59.1% | 22.0M+10.0% | 20.0M+122.2% | |
| $4.17-8.6% | $4.56-21.9% | $5.84-36.0% | $9.12+117.7% | $4.19+158.8% | ||
| EPS (basic) | $4.18-8.7% | $4.58-21.8% | $5.86-36.0% | $9.15+117.9% | $4.20+159.0% | |
| Weighted-avg shares (basic) | 632M+0.0% | 632M-1.1% | 639M-1.8% | 651M-1.8% | 663M+75.9% | |
| Weighted-avg shares (diluted) | 633M-0.2% | 634M-1.2% | 642M-1.7% | 653M-1.8% | 665M+76.4% | |
| Dividends per share | $0.51-64.4% | $1.44-50.7% | $2.93-43.4% | $5.17+161.0% | $1.98+418.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.01B+16.9% | 3.43B+8.6% | 3.16B-18.9% | 3.89B-8.4% | 4.25B+30.3% | ||
| Cash & equivalents | 1.38B+70.7% | 811M-4.9% | 853M-35.1% | 1.31B-37.4% | 2.10B+2.5% | |
| Accounts receivable | 1.79B-9.1% | 1.97B+25.4% | 1.57B-11.0% | 1.77B+14.5% | 1.54B+156.7% | |
| Inventory | 336M+14.3% | 294M+18.1% | 249M+23.9% | 201M+76.3% | 114M | |
| Other current assets | 444M+41.0% | 315M-31.5% | 460M-1.9% | 469M+46.1% | 321M+29.4% | |
| 31.6B+3.6% | 30.5B+24.5% | 24.5B+5.2% | 23.3B+10.7% | 21.0B+112.1% | ||
| Property, plant & equipment | 25.4B+1.6% | 25.0B+29.4% | 19.3B+6.7% | 18.1B+20.6% | 15.0B+178.3% | |
| Operating lease right-of-use | 276M+401.8% | 55.0M+161.9% | 21.0M+0.0% | 21.0M-12.5% | 24.0M+700.0% | |
| Goodwill | 753M+0.0% | 753M+0.0% | 753M+0.0% | 753M+0.0% | 753M+0.0% | |
| Other non-current assets | 395M+47.4% | 268M-16.0% | 319M+3.9% | 307M-18.8% | 378M+39.5% | |
| 4.09B+23.5% | 3.31B+12.2% | 2.95B-5.0% | 3.10B+0.6% | 3.09B+114.4% | ||
| Accounts payable | 790M-2.0% | 806M+6.1% | 760M-11.5% | 859M+71.8% | 500M+106.6% | |
| Short-term & current debt | 998M+105.8% | 485M+0.4% | 483M+92.4% | 251M | 0.00 | |
| Current lease liability | 95.0M+239.3% | 28.0M+133.3% | 12.0M-7.7% | 13.0M-27.8% | 18.0M+1700.0% | |
| Other current liabilities | 655M+11.8% | 586M+21.1% | 484M-1.0% | 489M-56.8% | 1.13B+111.0% | |
| Finance lease liability (current) | 7.00M-72.0% | 25.0M+19.0% | 21.0M+162.5% | 8.00M+0.0% | 8.00M+0.0% | |
| Long-term debt | 7.39B-12.0% | 8.40B+48.1% | 5.67B-8.4% | 6.19B-4.5% | 6.48B+50.8% | |
| Non-current lease liability | 181M+570.4% | 27.0M+200.0% | 9.00M+12.5% | 8.00M+60.0% | 5.00M+150.0% | |
| Operating lease liability (total) | 276M+401.8% | 55.0M+161.9% | 21.0M+0.0% | 21.0M-8.7% | 23.0M+666.7% | |
| Finance lease liability (total) | 23.0M-92.8% | 318M+3.6% | 307M+19.5% | 257M+0.8% | 255M+1.2% | |
| Finance lease liability | 16.0M-94.5% | 293M+2.4% | 286M+14.9% | 249M+0.8% | 247M+1.2% | |
| Other non-current liabilities | 907M+8.0% | 840M-4.1% | 876M-2.7% | 900M-14.3% | 1.05B+90.6% | |
| 15.5B+7.1% | 14.5B+20.2% | 12.1B+8.0% | 11.2B+20.6% | 9.26B+221.0% | ||
| Common stock | 62.0M-4.6% | 65.0M+1.6% | 64.0M-1.5% | 65.0M-1.5% | 66.0M+73.7% | |
| Additional paid-in capital | 5.39B-15.6% | 6.39B+7.5% | 5.94B-14.2% | 6.92B-9.4% | 7.64B+176.1% | |
| Retained earnings | 10.2B+24.9% | 8.17B+31.8% | 6.20B+44.2% | 4.30B+154.0% | 1.69B+713.5% | |
| Treasury stock | 0.00 | 0.00-100.0% | 13.0M | 0.00 | 0.00 | |
| Accumulated other comprehensive income | -122M+0.0% | -122M+1.6% | -124M-6.9% | -116M+12.1% | -132M-3.9% | |
| Non-controlling interest | 0.00-100.0% | 208M+33.3% | 156M+20.9% | 129M-5.8% | 137M+2.2% | |
| Total equity incl. non-controlling | 15.5B+5.6% | 14.7B+20.4% | 12.2B+8.2% | 11.3B+20.2% | 9.40B+211.3% | |
| Total liabilities & equity | 31.6B+3.6% | 30.5B+24.5% | 24.5B+3.2% | 23.7B+12.8% | 21.0B+112.1% | |
| Common shares issued | 622M-4.5% | 651M+2.4% | 636M-2.6% | 653M-1.5% | 663M+73.6% | |
| Common shares outstanding | — | 651M | — | — | — | |
| Shares outstanding (cover) | 620M-4.5% | 649M+2.2% | 635M-2.9% | 654M-1.5% | 664M-1.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.71B+1.7% | 6.60B+0.9% | 6.54B-23.3% | 8.53B+74.1% | 4.90B+234.6% | ||
| Depreciation & amortization | 3.60B+10.4% | 3.25B+27.4% | 2.55B+14.9% | 2.22B+3.0% | 2.16B+66.0% | |
| Share-based compensation | 99.0M+0.0% | 99.0M+6.5% | 93.0M+5.7% | 88.0M-11.1% | 99.0M+12.5% | |
| Deferred income taxes | 484M+55.6% | 311M-17.3% | 376M-68.1% | 1.18B+2306.1% | 49.0M+114.9% | |
| Change in receivables | -183M-207.6% | 170M+189.0% | -191M-234.5% | 142M-73.0% | 526M+327.7% | |
| Other operating activities | -67.0M-770.0% | 10.0M+300.0% | -5.00M+50.0% | -10.0M-166.7% | 15.0M+200.0% | |
| -3.39B+53.7% | -7.33B-86.0% | -3.94B+23.1% | -5.12B-225.5% | -1.57B | ||
| Capital expenditure | 3.59B-1.5% | 3.65B-6.1% | 3.88B+52.8% | 2.54B+27.8% | 1.99B+72.5% | |
| Free cash flow | 3.12B+5.5% | 2.96B+11.0% | 2.66B-55.6% | 5.99B+105.8% | 2.91B+835.7% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Purchases of investments | 62.0M-47.5% | 118M+122.6% | 53.0M-30.3% | 76.0M+204.0% | 25.0M | |
| Proceeds from sale of PP&E | 545M+2170.8% | 24.0M-7.7% | 26.0M-33.3% | 39.0M-50.6% | 79.0M+132.4% | |
| -2.73B-486.7% | 706M+122.2% | -3.18B+24.4% | -4.21B-28.0% | -3.29B | ||
| Long-term debt issued | 0.00-100.0% | 3.22B | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 485M+2.8% | 472M+95.0% | 242M | 0.00-100.0% | 1.24B | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 1.05B-0.7% | 1.06B+8.0% | 979M+36.4% | 718M+21.9% | 589M+1450.0% | |
| Dividends paid | 319M-66.0% | 937M-49.6% | 1.86B-45.0% | 3.38B+157.0% | 1.31B+411.7% | |
| FX effect on cash | 0.00+100.0% | -3.00M-200.0% | 3.00M+127.3% | -11.0M-1200.0% | 1.00M | |
| Net change in cash | 588M+2127.6% | -29.0M+95.0% | -579M+29.1% | -817M-2502.9% | 34.0M-91.3% | |
| Interest paid | 509M+39.1% | 366M-3.2% | 378M+2.2% | 370M-8.4% | 404M+56.0% | |
| Income taxes paid | 186M-61.3% | 480M+20.0% | 400M-8.7% | 438M+477.6% | -116M-167.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 22.7B+6.9% | 21.2B-26.8% | 29.0B-27.8% | 40.2B+37.4% | 29.3B+390.9% | |
| P/E | 8.6×+17.1% | 7.3×-3.6% | 7.6×+19.7% | 6.4×-38.8% | 10.4× | |
| P/S | 1.4×+1.4% | 1.3×-28.0% | 1.9×-9.1% | 2.0×-4.2% | 2.1×+66.8% | |
| P/B | 1.5×-0.2% | 1.5×-41.2% | 2.5×-32.6% | 3.7×+17.1% | 3.2×+52.9% | |
| P/FCF | 7.3×+1.3% | 7.2×-27.2% | 9.9×+38.3% | 7.1×-29.0% | 10.1×-47.5% | |
| Earnings yield | 11.6%-14.6% | 13.6%+3.7% | 13.1%-16.4% | 15.7%+63.5% | 9.6% | |
| FCF yield | 13.7%-1.3% | 13.9%+37.3% | 10.1%-27.7% | 14.0%+40.9% | 9.9%+90.6% | |
| Dividend yield | 1.4%-68.2% | 4.4%-31.7% | 6.5%-23.1% | 8.4%+86.9% | 4.5%+86.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: DVN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DVN filings on SEC EDGAR → Not investment advice.