DEVON ENERGY CORP (DVN) Stock Fundamental Analysis

NYSE:DVN • US25179M1036

44.66 USD
+0.7 (+1.59%)
At close: Feb 13, 2026
44.75 USD
+0.09 (+0.2%)
After Hours: 2/13/2026, 8:04:07 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to DVN. DVN was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. While DVN has a great profitability rating, there are some minor concerns on its financial health. DVN is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year DVN was profitable.
  • DVN had a positive operating cash flow in the past year.
  • DVN had positive earnings in 4 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 0 2B -2B 4B 6B 8B

1.2 Ratios

  • DVN has a Return On Assets of 8.71%. This is amongst the best in the industry. DVN outperforms 86.89% of its industry peers.
  • DVN has a Return On Equity of 17.71%. This is amongst the best in the industry. DVN outperforms 84.95% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 11.84%, DVN belongs to the top of the industry, outperforming 88.35% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for DVN is in line with the industry average of 21.98%.
  • The 3 year average ROIC (20.63%) for DVN is well above the current ROIC(11.84%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 8.71%
ROE 17.71%
ROIC 11.84%
ROA(3y)16.63%
ROA(5y)7.21%
ROE(3y)34.79%
ROE(5y)8.28%
ROIC(3y)20.63%
ROIC(5y)N/A
DVN Yearly ROA, ROE, ROICDVN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

1.3 Margins

  • With a decent Profit Margin value of 15.56%, DVN is doing good in the industry, outperforming 66.50% of the companies in the same industry.
  • In the last couple of years the Profit Margin of DVN has declined.
  • DVN has a better Operating Margin (22.88%) than 60.68% of its industry peers.
  • DVN's Operating Margin has improved in the last couple of years.
  • With a Gross Margin value of 47.14%, DVN perfoms like the industry average, outperforming 56.31% of the companies in the same industry.
  • DVN's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 22.88%
PM (TTM) 15.56%
GM 47.14%
OM growth 3Y-0.73%
OM growth 5Y55.24%
PM growth 3Y-7.34%
PM growth 5YN/A
GM growth 3Y1.47%
GM growth 5Y-9.16%
DVN Yearly Profit, Operating, Gross MarginsDVN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DVN is creating value.
  • DVN has more shares outstanding than it did 1 year ago.
  • DVN has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for DVN is higher compared to a year ago.
DVN Yearly Shares OutstandingDVN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 2.46 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 2.46, DVN is doing good in the industry, outperforming 73.30% of the companies in the same industry.
  • DVN has a debt to FCF ratio of 2.98. This is a good value and a sign of high solvency as DVN would need 2.98 years to pay back of all of its debts.
  • DVN has a better Debt to FCF ratio (2.98) than 76.70% 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.
  • DVN has a Debt to Equity ratio (0.48) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 2.98
Altman-Z 2.46
ROIC/WACC1.56
WACC7.61%
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 0 5B 10B

2.3 Liquidity

  • A Current Ratio of 0.96 indicates that DVN may have some problems paying its short term obligations.
  • DVN has a Current ratio (0.96) which is in line with its industry peers.
  • A Quick Ratio of 0.87 indicates that DVN may have some problems paying its short term obligations.
  • The Quick ratio of DVN (0.87) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.96
Quick Ratio 0.87
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 1B 2B 3B 4B

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

5

3. Growth

3.1 Past

  • DVN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.34%.
  • Measured over the past years, DVN shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.25% on average per year.
  • Looking at the last year, DVN shows a quite strong growth in Revenue. The Revenue has grown by 11.40% in the last year.
  • DVN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.71% yearly.
EPS 1Y (TTM)-16.34%
EPS 3Y11.12%
EPS 5Y31.25%
EPS Q2Q%-5.45%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y9.3%
Revenue growth 5Y20.71%
Sales Q2Q%7.63%

3.2 Future

  • DVN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.93% yearly.
  • The Revenue is expected to grow by 4.31% on average over the next years.
EPS Next Y-17.53%
EPS Next 2Y-14.82%
EPS Next 3Y-2.05%
EPS Next 5Y2.93%
Revenue Next Year8%
Revenue Next 2Y0.94%
Revenue Next 3Y2.04%
Revenue Next 5Y4.31%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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
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

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 10.51, which indicates a very decent valuation of DVN.
  • Based on the Price/Earnings ratio, DVN is valued cheaply inside the industry as 83.50% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.97, DVN is valued rather cheaply.
  • DVN is valuated correctly with a Price/Forward Earnings ratio of 12.74.
  • Based on the Price/Forward Earnings ratio, DVN is valued a bit cheaper than the industry average as 68.93% of the companies are valued more expensively.
  • DVN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.96.
Industry RankSector Rank
PE 10.51
Fwd PE 12.74
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

  • DVN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DVN is cheaper than 83.01% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, DVN is valued cheaply inside the industry as 83.01% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 9.94
EV/EBITDA 4.53
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

  • The decent profitability rating of DVN may justify a higher PE ratio.
  • DVN's earnings are expected to decrease with -2.05% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.34
EPS Next 2Y-14.82%
EPS Next 3Y-2.05%

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

5

5. Dividend

5.1 Amount

  • DVN has a Yearly Dividend Yield of 2.18%.
  • Compared to an average industry Dividend Yield of 3.63, DVN has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.79, DVN pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.18%

5.2 History

  • The dividend of DVN is nicely growing with an annual growth rate of 34.02%!
  • DVN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)34.02%
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 2 4 6

5.3 Sustainability

  • DVN pays out 22.55% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of DVN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP22.55%
EPS Next 2Y-14.82%
EPS Next 3Y-2.05%
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 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

DEVON ENERGY CORP

NYSE:DVN (2/13/2026, 8:04:07 PM)

After market: 44.75 +0.09 (+0.2%)

44.66

+0.7 (+1.59%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05
Earnings (Next)02-17
Inst Owners76.44%
Inst Owner Change0.08%
Ins Owners0.39%
Ins Owner Change0.12%
Market Cap27.70B
Revenue(TTM)17.47B
Net Income(TTM)2.72B
Analysts79.44
Price Target47.08 (5.42%)
Short Float %3.66%
Short Ratio2.46
Dividend
Industry RankSector Rank
Dividend Yield 2.18%
Yearly Dividend1.46
Dividend Growth(5Y)34.02%
DP22.55%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.57%
Min EPS beat(2)-2.06%
Max EPS beat(2)11.19%
EPS beat(4)2
Avg EPS beat(4)4.83%
Min EPS beat(4)-4.28%
Max EPS beat(4)14.49%
EPS beat(8)4
Avg EPS beat(8)4.09%
EPS beat(12)6
Avg EPS beat(12)2.92%
EPS beat(16)10
Avg EPS beat(16)3.87%
Revenue beat(2)2
Avg Revenue beat(2)4.72%
Min Revenue beat(2)4.01%
Max Revenue beat(2)5.44%
Revenue beat(4)4
Avg Revenue beat(4)3.31%
Min Revenue beat(4)0.2%
Max Revenue beat(4)5.44%
Revenue beat(8)7
Avg Revenue beat(8)3.49%
Revenue beat(12)9
Avg Revenue beat(12)1.32%
Revenue beat(16)12
Avg Revenue beat(16)3.1%
PT rev (1m)1.31%
PT rev (3m)2.37%
EPS NQ rev (1m)-5.36%
EPS NQ rev (3m)-10.45%
EPS NY rev (1m)-0.68%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-1.69%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)0.43%
Valuation
Industry RankSector Rank
PE 10.51
Fwd PE 12.74
P/S 1.6
P/FCF 9.94
P/OCF 4.1
P/B 1.83
P/tB 1.92
EV/EBITDA 4.53
EPS(TTM)4.25
EY9.52%
EPS(NY)3.5
Fwd EY7.85%
FCF(TTM)4.49
FCFY10.06%
OCF(TTM)10.91
OCFY24.42%
SpS27.85
BVpS24.47
TBVpS23.27
PEG (NY)N/A
PEG (5Y)0.34
Graham Number48.37
Profitability
Industry RankSector Rank
ROA 8.71%
ROE 17.71%
ROCE 14.71%
ROIC 11.84%
ROICexc 12.4%
ROICexgc 12.77%
OM 22.88%
PM (TTM) 15.56%
GM 47.14%
FCFM 16.13%
ROA(3y)16.63%
ROA(5y)7.21%
ROE(3y)34.79%
ROE(5y)8.28%
ROIC(3y)20.63%
ROIC(5y)N/A
ROICexc(3y)21.8%
ROICexc(5y)N/A
ROICexgc(3y)22.62%
ROICexgc(5y)N/A
ROCE(3y)25.62%
ROCE(5y)N/A
ROICexgc growth 3Y-9.4%
ROICexgc growth 5Y53.9%
ROICexc growth 3Y-8.79%
ROICexc growth 5Y55.35%
OM growth 3Y-0.73%
OM growth 5Y55.24%
PM growth 3Y-7.34%
PM growth 5YN/A
GM growth 3Y1.47%
GM growth 5Y-9.16%
F-Score6
Asset Turnover0.56
Health
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 2.98
Debt/EBITDA 0.97
Cap/Depr 109.44%
Cap/Sales 23.03%
Interest Coverage 14.28
Cash Conversion 89.16%
Profit Quality 103.64%
Current Ratio 0.96
Quick Ratio 0.87
Altman-Z 2.46
F-Score6
WACC7.61%
ROIC/WACC1.56
Cap/Depr(3y)204.69%
Cap/Depr(5y)159.27%
Cap/Sales(3y)33.12%
Cap/Sales(5y)27.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.34%
EPS 3Y11.12%
EPS 5Y31.25%
EPS Q2Q%-5.45%
EPS Next Y-17.53%
EPS Next 2Y-14.82%
EPS Next 3Y-2.05%
EPS Next 5Y2.93%
Revenue 1Y (TTM)11.4%
Revenue growth 3Y9.3%
Revenue growth 5Y20.71%
Sales Q2Q%7.63%
Revenue Next Year8%
Revenue Next 2Y0.94%
Revenue Next 3Y2.04%
Revenue Next 5Y4.31%
EBIT growth 1Y-15.46%
EBIT growth 3Y8.5%
EBIT growth 5Y87.39%
EBIT Next Year79.34%
EBIT Next 3Y21.96%
EBIT Next 5Y15.28%
FCF growth 1Y-1.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1.83%
OCF growth 3Y10.44%
OCF growth 5Y26.09%

DEVON ENERGY CORP / DVN FAQ

What is the fundamental rating for DVN stock?

ChartMill assigns a fundamental rating of 6 / 10 to DVN.


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

ChartMill assigns a valuation rating of 7 / 10 to DEVON ENERGY CORP (DVN). This can be considered as Undervalued.


Can you provide the profitability details for DEVON ENERGY CORP?

DEVON ENERGY CORP (DVN) has a profitability rating of 7 / 10.


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

The Price/Earnings (PE) ratio for DEVON ENERGY CORP (DVN) is 10.51 and the Price/Book (PB) ratio is 1.83.


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 -17.53% in the next year.