DEVON ENERGY CORP (DVN) Fundamental Analysis & Valuation

NYSE:DVN • US25179M1036

Current stock price

50.27 USD
+1.78 (+3.67%)
At close:
50 USD
-0.27 (-0.54%)
After Hours:

This DVN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. DVN Profitability Analysis

1.1 Basic Checks

  • In the past year DVN was profitable.
  • In the past year DVN had a positive cash flow from operations.
  • DVN had positive earnings in each of the past 5 years.
  • In the past 5 years DVN always reported a positive cash flow from operatings.
DVN Yearly Net Income VS EBIT VS OCF VS FCFDVN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B 8B

1.2 Ratios

  • With an excellent Return On Assets value of 8.36%, DVN belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
  • DVN has a better Return On Equity (17.01%) than 81.82% of its industry peers.
  • DVN's Return On Invested Capital of 10.97% is amongst the best of the industry. DVN outperforms 87.08% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DVN is significantly below the industry average of 23.05%.
Industry RankSector Rank
ROA 8.36%
ROE 17.01%
ROIC 10.97%
ROA(3y)11.05%
ROA(5y)14.3%
ROE(3y)22.68%
ROE(5y)30.29%
ROIC(3y)13.66%
ROIC(5y)17.09%
DVN Yearly ROA, ROE, ROICDVN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

1.3 Margins

  • DVN has a better Profit Margin (15.37%) than 65.55% of its industry peers.
  • DVN's Profit Margin has declined in the last couple of years.
  • With a decent Operating Margin value of 22.43%, DVN is doing good in the industry, outperforming 62.20% of the companies in the same industry.
  • DVN's Operating Margin has declined in the last couple of years.
  • DVN has a Gross Margin of 46.46%. This is comparable to the rest of the industry: DVN outperforms 55.50% of its industry peers.
  • In the last couple of years the Gross Margin of DVN has declined.
Industry RankSector Rank
OM 22.43%
PM (TTM) 15.37%
GM 46.46%
OM growth 3Y-18.5%
OM growth 5YN/A
PM growth 3Y-20.92%
PM growth 5YN/A
GM growth 3Y-5.62%
GM growth 5Y-9.55%
DVN Yearly Profit, Operating, Gross MarginsDVN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. DVN Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DVN is still creating some value.
  • Compared to 1 year ago, DVN has less shares outstanding
  • The number of shares outstanding for DVN has been increased compared to 5 years ago.
  • The debt/assets ratio for DVN has been reduced compared to a year ago.
DVN Yearly Shares OutstandingDVN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
DVN Yearly Total Debt VS Total AssetsDVN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 2.52 indicates that DVN is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a decent Altman-Z score value of 2.52, DVN is doing good in the industry, outperforming 72.25% of the companies in the same industry.
  • The Debt to FCF ratio of DVN is 3.01, which is a good value as it means it would take DVN, 3.01 years of fcf income to pay off all of its debts.
  • DVN has a better Debt to FCF ratio (3.01) than 76.56% of its industry peers.
  • DVN has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of DVN (0.48) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 3.01
Altman-Z 2.52
ROIC/WACC1.37
WACC8%
DVN Yearly LT Debt VS Equity VS FCFDVN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 0.98 indicates that DVN may have some problems paying its short term obligations.
  • DVN has a Current ratio (0.98) which is in line with its industry peers.
  • DVN has a Quick Ratio of 0.98. This is a bad value and indicates that DVN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • DVN has a Quick ratio (0.90) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.9
DVN Yearly Current Assets VS Current LiabilitesDVN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. DVN Growth Analysis

3.1 Past

  • The earnings per share for DVN have decreased strongly by -19.05% in the last year.
  • The earnings per share for DVN have been decreasing by -22.22% on average. This is quite bad
  • Looking at the last year, DVN shows a small growth in Revenue. The Revenue has grown by 7.83% in the last year.
  • DVN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.91% yearly.
EPS 1Y (TTM)-19.05%
EPS 3Y-22.22%
EPS 5YN/A
EPS Q2Q%-29.31%
Revenue 1Y (TTM)7.83%
Revenue growth 3Y-3.57%
Revenue growth 5Y28.91%
Sales Q2Q%-6.4%

3.2 Future

  • DVN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.85% yearly.
  • DVN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.84% yearly.
EPS Next Y-18.11%
EPS Next 2Y-0.27%
EPS Next 3Y5.99%
EPS Next 5Y11.85%
Revenue Next Year-0.45%
Revenue Next 2Y-3.06%
Revenue Next 3Y5.9%
Revenue Next 5Y-2.84%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
DVN Yearly Revenue VS EstimatesDVN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B 20B
DVN Yearly EPS VS EstimatesDVN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 2 4 6 8

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Find the best growth stocksShow best growing peers

6

4. DVN Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 12.86, which indicates a correct valuation of DVN.
  • Compared to the rest of the industry, the Price/Earnings ratio of DVN indicates a somewhat cheap valuation: DVN is cheaper than 77.51% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.50, DVN is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 15.70, which indicates a correct valuation of DVN.
  • 68.42% of the companies in the same industry are more expensive than DVN, based on the Price/Forward Earnings ratio.
  • DVN's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.67.
Industry RankSector Rank
PE 12.86
Fwd PE 15.7
DVN Price Earnings VS Forward Price EarningsDVN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 85.65% of the companies in the same industry are more expensive than DVN, based on the Enterprise Value to EBITDA ratio.
  • DVN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DVN is cheaper than 81.82% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.14
EV/EBITDA 4.97
DVN Per share dataDVN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • DVN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.27%
EPS Next 3Y5.99%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. DVN Dividend Analysis

5.1 Amount

  • DVN has a Yearly Dividend Yield of 1.97%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.30, DVN has a dividend in line with its industry peers.
  • DVN's Dividend Yield is comparable with the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.97%

5.2 History

  • The dividend of DVN is nicely growing with an annual growth rate of 7.65%!
  • DVN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.65%
Div Incr Years0
Div Non Decr Years0
DVN Yearly Dividends per shareDVN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • 23.43% of the earnings are spent on dividend by DVN. This is a low number and sustainable payout ratio.
  • DVN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.43%
EPS Next 2Y-0.27%
EPS Next 3Y5.99%
DVN Yearly Income VS Free CF VS DividendDVN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B
DVN Dividend Payout.DVN Dividend Payout, showing the Payout Ratio.DVN Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

DVN Fundamentals: All Metrics, Ratios and Statistics

DEVON ENERGY CORP

NYSE:DVN (3/24/2026, 8:25:56 PM)

After market: 50 -0.27 (-0.54%)

50.27

+1.78 (+3.67%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-17
Earnings (Next)05-04
Inst Owners79.76%
Inst Owner Change3.42%
Ins Owners0.43%
Ins Owner Change0.35%
Market Cap31.17B
Revenue(TTM)17.19B
Net Income(TTM)2.64B
Analysts80
Price Target49.47 (-1.59%)
Short Float %2.6%
Short Ratio1.28
Dividend
Industry RankSector Rank
Dividend Yield 1.97%
Yearly Dividend0.97
Dividend Growth(5Y)7.65%
DP23.43%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.6%
Min EPS beat(2)0.01%
Max EPS beat(2)11.19%
EPS beat(4)2
Avg EPS beat(4)1.22%
Min EPS beat(4)-4.28%
Max EPS beat(4)11.19%
EPS beat(8)5
Avg EPS beat(8)4.17%
EPS beat(12)7
Avg EPS beat(12)3.43%
EPS beat(16)10
Avg EPS beat(16)3.18%
Revenue beat(2)2
Avg Revenue beat(2)2.72%
Min Revenue beat(2)1.43%
Max Revenue beat(2)4.01%
Revenue beat(4)4
Avg Revenue beat(4)2.77%
Min Revenue beat(4)0.2%
Max Revenue beat(4)5.44%
Revenue beat(8)7
Avg Revenue beat(8)2.92%
Revenue beat(12)10
Avg Revenue beat(12)2.09%
Revenue beat(16)12
Avg Revenue beat(16)2.41%
PT rev (1m)5.09%
PT rev (3m)6.95%
EPS NQ rev (1m)-16.39%
EPS NQ rev (3m)-24.92%
EPS NY rev (1m)-8.64%
EPS NY rev (3m)-22.45%
Revenue NQ rev (1m)-1.42%
Revenue NQ rev (3m)-2.72%
Revenue NY rev (1m)-2.44%
Revenue NY rev (3m)3.27%
Valuation
Industry RankSector Rank
PE 12.86
Fwd PE 15.7
P/S 1.81
P/FCF 11.14
P/OCF 4.64
P/B 2.01
P/tB 2.11
EV/EBITDA 4.97
EPS(TTM)3.91
EY7.78%
EPS(NY)3.2
Fwd EY6.37%
FCF(TTM)4.51
FCFY8.97%
OCF(TTM)10.82
OCFY21.53%
SpS27.72
BVpS25.05
TBVpS23.83
PEG (NY)N/A
PEG (5Y)N/A
Graham Number46.94
Profitability
Industry RankSector Rank
ROA 8.36%
ROE 17.01%
ROCE 14.02%
ROIC 10.97%
ROICexc 11.58%
ROICexgc 11.92%
OM 22.43%
PM (TTM) 15.37%
GM 46.46%
FCFM 16.27%
ROA(3y)11.05%
ROA(5y)14.3%
ROE(3y)22.68%
ROE(5y)30.29%
ROIC(3y)13.66%
ROIC(5y)17.09%
ROICexc(3y)14.23%
ROICexc(5y)18.3%
ROICexgc(3y)14.7%
ROICexgc(5y)19.02%
ROCE(3y)17.44%
ROCE(5y)21.82%
ROICexgc growth 3Y-29.34%
ROICexgc growth 5YN/A
ROICexc growth 3Y-29.09%
ROICexc growth 5YN/A
OM growth 3Y-18.5%
OM growth 5YN/A
PM growth 3Y-20.92%
PM growth 5YN/A
GM growth 3Y-5.62%
GM growth 5Y-9.55%
F-Score6
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 3.01
Debt/EBITDA 0.99
Cap/Depr 108.87%
Cap/Sales 22.77%
Interest Coverage 7.58
Cash Conversion 90.07%
Profit Quality 105.87%
Current Ratio 0.98
Quick Ratio 0.9
Altman-Z 2.52
F-Score6
WACC8%
ROIC/WACC1.37
Cap/Depr(3y)164.13%
Cap/Depr(5y)163.19%
Cap/Sales(3y)31.8%
Cap/Sales(5y)27.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.05%
EPS 3Y-22.22%
EPS 5YN/A
EPS Q2Q%-29.31%
EPS Next Y-18.11%
EPS Next 2Y-0.27%
EPS Next 3Y5.99%
EPS Next 5Y11.85%
Revenue 1Y (TTM)7.83%
Revenue growth 3Y-3.57%
Revenue growth 5Y28.91%
Sales Q2Q%-6.4%
Revenue Next Year-0.45%
Revenue Next 2Y-3.06%
Revenue Next 3Y5.9%
Revenue Next 5Y-2.84%
EBIT growth 1Y-7.8%
EBIT growth 3Y-21.41%
EBIT growth 5YN/A
EBIT Next Year99.02%
EBIT Next 3Y37.9%
EBIT Next 5Y17.41%
FCF growth 1Y427.9%
FCF growth 3Y-6.35%
FCF growth 5Y70.7%
OCF growth 1Y1.68%
OCF growth 3Y-7.68%
OCF growth 5Y37.73%

DEVON ENERGY CORP / DVN Fundamental Analysis FAQ

What is the fundamental rating for DVN stock?

ChartMill assigns a fundamental rating of 5 / 10 to DVN.


What is the valuation status of DEVON ENERGY CORP (DVN) stock?

ChartMill assigns a valuation rating of 6 / 10 to DEVON ENERGY CORP (DVN). This can be considered as Fairly Valued.


Can you provide the profitability details for DEVON ENERGY CORP?

DEVON ENERGY CORP (DVN) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for DVN stock?

The Price/Earnings (PE) ratio for DEVON ENERGY CORP (DVN) is 12.86 and the Price/Book (PB) ratio is 2.01.


What is the expected EPS growth for DEVON ENERGY CORP (DVN) stock?

The Earnings per Share (EPS) of DEVON ENERGY CORP (DVN) is expected to decline by -18.11% in the next year.