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
Taking everything into account, DVN scores 6 out of 10 in our fundamental rating. DVN was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. DVN has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on DVN.
1. Profitability
1.1 Basic Checks
- DVN had positive earnings in the past year.
- DVN had a positive operating cash flow in the past year.
- Of the past 5 years DVN 4 years were profitable.
- In the past 5 years DVN always reported a positive cash flow from operatings.
1.2 Ratios
- DVN has a better Return On Assets (8.71%) than 86.89% of its industry peers.
- With an excellent Return On Equity value of 17.71%, DVN belongs to the best of the industry, outperforming 84.95% of the companies in the same industry.
- DVN has a better Return On Invested Capital (11.84%) than 88.35% of its industry peers.
- The Average Return On Invested Capital over the past 3 years 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 Rank | Sector 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
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.
- With a decent Operating Margin value of 22.88%, DVN is doing good in the industry, outperforming 60.68% of the companies in the same industry.
- In the last couple of years the Operating Margin of DVN has grown nicely.
- Looking at the Gross Margin, with a value of 47.14%, DVN is in line with its industry, outperforming 56.31% of the companies in the same industry.
- In the last couple of years the Gross Margin of DVN has declined.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- DVN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, DVN has more shares outstanding
- The number of shares outstanding for DVN has been increased compared to 5 years ago.
- DVN has a worse debt/assets ratio than last year.
2.2 Solvency
- DVN has an Altman-Z score of 2.46. This is not the best score and indicates that DVN is in the grey zone with still only limited risk for bankruptcy at the moment.
- The Altman-Z score of DVN (2.46) is better than 72.33% 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 75.73% 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.
- DVN's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. DVN outperforms 49.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.98 | ||
| Altman-Z | 2.46 |
ROIC/WACC1.56
WACC7.61%
2.3 Liquidity
- DVN has a Current Ratio of 0.96. This is a bad value and indicates that DVN is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.96, DVN is in line with its industry, outperforming 41.26% of the companies in the same industry.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
- The earnings per share for DVN have decreased strongly by -16.34% in the last year.
- DVN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.25% yearly.
- DVN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.40%.
- Measured over the past years, DVN shows a very strong growth in Revenue. The Revenue has been growing by 20.71% on average per year.
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 6.05% yearly.
- Based on estimates for the next years, DVN will show a small growth in Revenue. The Revenue will grow by 0.12% on average per year.
EPS Next Y-17.53%
EPS Next 2Y-14.82%
EPS Next 3Y-2.05%
EPS Next 5Y6.05%
Revenue Next Year8%
Revenue Next 2Y0.94%
Revenue Next 3Y2.04%
Revenue Next 5Y0.12%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 10.51 indicates a reasonable valuation of DVN.
- 83.50% of the companies in the same industry are more expensive than DVN, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of DVN to the average of the S&P500 Index (26.68), we can say 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 68.93% of the companies in the same industry.
- DVN is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 12.74 |
4.2 Price Multiples
- DVN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DVN is cheaper than 83.98% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, DVN is valued cheaper than 82.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.83 | ||
| EV/EBITDA | 4.55 |
4.3 Compensation for Growth
- DVN has a very decent profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as DVN's earnings are expected to decrease with -2.05% in the coming years.
PEG (NY)N/A
PEG (5Y)0.34
EPS Next 2Y-14.82%
EPS Next 3Y-2.05%
5. Dividend
5.1 Amount
- DVN has a Yearly Dividend Yield of 2.18%.
- DVN's Dividend Yield is comparable with the industry average which is at 3.57.
- Compared to an average S&P500 Dividend Yield of 1.84, DVN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector 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 paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)34.02%
Div Incr Years0
Div Non Decr Years0
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%
44.66
+0.7 (+1.59%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-17 2026-02-17/amc
Inst Owners76.44%
Inst Owner Change-92.51%
Ins Owners0.39%
Ins Owner Change0.35%
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 Rank | Sector 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)-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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.51 | ||
| Fwd PE | 12.74 | ||
| P/S | 1.59 | ||
| P/FCF | 9.83 | ||
| P/OCF | 4.05 | ||
| P/B | 1.8 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 4.55 |
EPS(TTM)4.25
EY9.52%
EPS(NY)3.5
Fwd EY7.85%
FCF(TTM)4.54
FCFY10.17%
OCF(TTM)11.03
OCFY24.7%
SpS28.17
BVpS24.75
TBVpS23.53
PEG (NY)N/A
PEG (5Y)0.34
Graham Number48.65
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 5Y6.05%
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 5Y0.12%
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 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 1.8.
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.