DEVON ENERGY CORP (DVN) Stock Fundamental Analysis

NYSE:DVN • US25179M1036

44.9775 USD
+0.54 (+1.21%)
Last: Feb 19, 2026, 11:27 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall DVN gets a fundamental rating of 5 out of 10. We evaluated DVN against 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 has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year DVN was profitable.
  • In the past year DVN had a positive cash flow from operations.
  • Of the past 5 years DVN 4 years were profitable.
  • Of the past 5 years DVN 4 years had a positive operating cash flow.
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

  • With an excellent Return On Assets value of 8.71%, DVN belongs to the best of the industry, outperforming 86.41% of the companies in the same industry.
  • DVN has a Return On Equity of 17.71%. This is amongst the best in the industry. DVN outperforms 85.44% 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 21.97%.
  • The last Return On Invested Capital (11.84%) for DVN is well below the 3 year average (20.63%), which needs to be investigated, but indicates that DVN had better years and this may not be a problem.
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

  • DVN's Profit Margin of 15.56% is fine compared to the rest of the industry. DVN outperforms 66.50% of its industry peers.
  • In the last couple of years the Profit Margin of DVN has declined.
  • DVN's Operating Margin of 22.88% is fine compared to the rest of the industry. DVN outperforms 60.68% of its industry peers.
  • In the last couple of years the Operating Margin of DVN has grown nicely.
  • DVN has a Gross Margin of 47.14%. This is comparable to the rest of the industry: DVN outperforms 56.31% of its industry peers.
  • In the last couple of years the Gross Margin of DVN has declined.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), DVN is creating value.
  • There is no outstanding debt for DVN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
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.
  • DVN has a Altman-Z score of 2.46. This is in the better half of the industry: DVN outperforms 71.84% of its industry peers.
  • 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.
  • With a decent Debt to FCF ratio value of 2.98, DVN is doing good in the industry, outperforming 75.24% of the companies in the same industry.
  • DVN has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.48, DVN perfoms like the industry average, outperforming 49.03% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.48
Debt/FCF 2.98
Altman-Z 2.46
ROIC/WACC1.56
WACC7.6%
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 of 0.96. This is comparable to the rest of the industry: DVN outperforms 41.26% of its industry peers.
  • A Quick Ratio of 0.87 indicates that DVN may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.87, DVN is in line with its industry, outperforming 44.17% of the companies in the same 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

More info and screens

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

1

3. Growth

3.1 Past

  • The earnings per share for DVN have decreased strongly by -19.05% in the last year.
  • DVN shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -22.22% yearly.
EPS 1Y (TTM)-19.05%
EPS 3Y-22.22%
EPS 5YN/A
EPS Q2Q%-29.31%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.4%

3.2 Future

  • Based on estimates for the next years, DVN will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.11% on average per year.
  • Based on estimates for the next years, DVN will show a decrease in Revenue. The Revenue will decrease by -2.48% on average per year.
EPS Next Y-10.37%
EPS Next 2Y7.74%
EPS Next 3Y10.17%
EPS Next 5Y11.11%
Revenue Next Year2.74%
Revenue Next 2Y7.37%
Revenue Next 3Y4.46%
Revenue Next 5Y-2.48%

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 accelerating.
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

More info and screens

Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.50, the valuation of DVN can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of DVN indicates a rather cheap valuation: DVN is cheaper than 81.07% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.27, DVN is valued rather cheaply.
  • DVN is valuated correctly with a Price/Forward Earnings ratio of 12.83.
  • 68.45% 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 rather cheap valuation when compared to the S&P500 average which is at 28.16.
Industry RankSector Rank
PE 11.5
Fwd PE 12.83
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

  • Based on the Enterprise Value to EBITDA ratio, DVN is valued cheaply inside the industry as 83.98% of the companies are valued more expensively.
  • 83.50% of the companies in the same industry are more expensive than DVN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 9.9
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.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.74%
EPS Next 3Y10.17%

More info and screens

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

5

5. Dividend

5.1 Amount

  • DVN has a Yearly Dividend Yield of 2.16%.
  • DVN's Dividend Yield is comparable with the industry average which is at 3.56.
  • DVN's Dividend Yield is comparable with the S&P500 average which is at 1.85.
Industry RankSector Rank
Dividend Yield 2.16%

5.2 History

  • On average, the dividend of DVN grows each year by 34.02%, which is quite nice.
  • 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 2Y7.74%
EPS Next 3Y10.17%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

DEVON ENERGY CORP

NYSE:DVN (2/19/2026, 11:27:08 AM)

44.9775

+0.54 (+1.21%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-17
Earnings (Next)05-04
Inst Owners76.44%
Inst Owner Change1.71%
Ins Owners0.39%
Ins Owner Change0.35%
Market Cap27.90B
Revenue(TTM)N/A
Net Income(TTM)2.72B
Analysts79.44
Price Target47.08 (4.67%)
Short Float %3.24%
Short Ratio1.98
Dividend
Industry RankSector Rank
Dividend Yield 2.16%
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)-2.98%
EPS NQ rev (3m)-9.94%
EPS NY rev (1m)-0.68%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)-4.54%
Revenue NQ rev (3m)-5.94%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)0.43%
Valuation
Industry RankSector Rank
PE 11.5
Fwd PE 12.83
P/S 1.6
P/FCF 9.9
P/OCF 4.08
P/B 1.82
P/tB 1.91
EV/EBITDA 4.53
EPS(TTM)3.91
EY8.69%
EPS(NY)3.5
Fwd EY7.79%
FCF(TTM)4.54
FCFY10.1%
OCF(TTM)11.03
OCFY24.52%
SpS28.17
BVpS24.75
TBVpS23.53
PEG (NY)N/A
PEG (5Y)N/A
Graham Number46.66
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
WACC7.6%
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)-19.05%
EPS 3Y-22.22%
EPS 5YN/A
EPS Q2Q%-29.31%
EPS Next Y-10.37%
EPS Next 2Y7.74%
EPS Next 3Y10.17%
EPS Next 5Y11.11%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.4%
Revenue Next Year2.74%
Revenue Next 2Y7.37%
Revenue Next 3Y4.46%
Revenue Next 5Y-2.48%
EBIT growth 1Y-15.46%
EBIT growth 3Y8.5%
EBIT growth 5Y87.39%
EBIT Next Year79.34%
EBIT Next 3Y21.96%
EBIT Next 5Y11.3%
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 5 / 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 11.5 and the Price/Book (PB) ratio is 1.82.


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 -10.37% in the next year.