Devon Energy Corporation

As of June 30, 2026, Devon Energy Corporation carries a market capitalization of 41.20B, placing it among publicly traded companies globally. Its enterprise value stands at 49.87B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Devon Energy Corporation's next confirmed earnings release is scheduled for November 5, 2026.

As of June 30, 2026, Devon Energy Corporation has 1.15B shares outstanding.

As of June 30, 2026, Devon Energy Corporation trades at a trailing price-to-earnings ratio of 9.54. The price-to-sales ratio is 1.59, and the price-to-book ratio stands at 1.22.

As of June 30, 2026, Devon Energy Corporation trades at an EV/EBITDA multiple of 7.21 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.14 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 13.80 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Devon Energy Corporation trades at an EV/FCF ratio of 10.77, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 49.87B versus a market cap of 41.20B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Devon Energy Corporation maintains a current ratio of 0.72, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 28.13, indicating elevated leverage, while an interest coverage ratio of 16.92 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Devon Energy Corporation posted a return on equity (ROE) of 11.55, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 8.92 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.41, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.44, useful for judging operating efficiency across full business cycles. The company generates approximately 7.14M in revenue per employee across its workforce of 2,225.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 42.15 indicates how many times Devon Energy Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Devon Energy Corporation recorded 745.63M in income tax expense. That works out to an effective tax rate of 21.93, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 3.40B, leaving 2.65B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on August 24, 2026, Devon Energy Corporation's stock has gained approximately 44.53% over the past 52 weeks.

Over the twelve months ended June 30, 2026, Devon Energy Corporation generated 15.89B in revenue and converted that into 2.65B in net income, yielding earnings per share of 3.76. EBITDA reached 6.92B, while operating income came in at 3.78B.

As of June 30, 2026, Devon Energy Corporation holds 815.10M in cash and equivalents against 9.49B in total debt, resulting in a net debt position of 8.38B. Total book value stands at 33.72B, with working capital of -1.61B providing operational flexibility.

Devon Energy Corporation produced 6.91B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -2.60B in capital expenditures, free cash flow totaled 4.31B - equivalent to 6.11 per share.

Over the twelve months ended June 30, 2026, Devon Energy Corporation posted a gross margin of 26.84, reflecting its pricing power and cost economics. The operating margin of 23.78 and net profit margin of 16.67 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Devon Energy Corporation paid dividends of 0.94 per share. The dividend payout ratio of 24.94 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 17.02, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.72, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Devon Energy Corporation shareholders.

Devon Energy Corporation's most recent stock split took place on November 16, 2004 with a 1:2 split ratio.

As of June 30, 2026, Devon Energy Corporation has an Altman Z-Score of 1.75, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.