Devon Energy (DVN) Asset Utilization Ratio (2009 - 2026)
Devon Energy's (DVN) quarterly Asset Utilization Ratio came in at 0.39 in Q2 2026, down 28.88% year-over-year from 0.55 in Q2 2025, and down 26.72% quarter-over-quarter from 0.54 in Q1 2026.
Analysis
Devon Energy (DVN) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Asset Utilization Ratio for 18 consecutive years, with 0.39 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 28.88% year-over-year to 0.39 in Q2 2026; TTM through Jun 2026 was 0.39, a 28.88% decrease from a year earlier, with the FY2025 full-year figure at 0.55, down 4.52% from the prior year.
- Asset Utilization Ratio was 0.39 for Q2 2026 at Devon Energy, down from 0.54 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.86 in Q4 2022 and troughed at 0.39 in Q2 2026.
- A 5-year average of 0.64 and a median of 0.62 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio jumped 103.25% in 2022 and dropped 28.88% in 2026, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.86 in 2022, then slipped by 26.66% to 0.63 in 2023, then retreated by 15.79% to 0.53 in 2024, then grew by 3.93% to 0.55 in 2025, then fell by 28.41% to 0.39 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.39 (Q2 2026), 0.54 (Q1 2026), and 0.55 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 0.50 |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 0.39 |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 0.47 |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 0.31 |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 0.47 |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 0.48 |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 0.55 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.56 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.63 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 0.83 |
| Dec 31, 2022 | 0.86 |
| Sep 30, 2022 | 0.85 |
| Jun 30, 2022 | 0.82 |
| Mar 31, 2022 | 0.73 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.52 |