Devon Energy (DVN) Asset Utilization Ratio (2009 - 2026)
Devon Energy (DVN) posted quarterly Asset Utilization Ratio of 0.53 for Q1 2026, down 4.11% year-over-year from 0.55 in Q1 2025, and down 2.3% quarter-over-quarter from 0.54 in Q4 2025.
Devon Energy (DVN) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Asset Utilization Ratio for 18 consecutive years, with 0.53 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 4.11% year-over-year to 0.53; the TTM figure through Mar 2026 stood at 0.53 (down 4.11% YoY), while the FY2025 annual figure was 0.54, down 6.63% from the prior year.
- Asset Utilization Ratio eased to 0.53 in Q1 2026 per DVN's latest filing, from 0.54 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.92 in Q3 2022 and bottomed at 0.53 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.67 across 5 years, with a median of 0.63 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 136.77% — and 2023, when it fell 28.54%.
- Devon Energy's Asset Utilization Ratio stood at 0.86 in 2022, then decreased by 26.54% to 0.63 in 2023, then fell by 15.61% to 0.53 in 2024, then grew by 1.95% to 0.54 in 2025, then fell by 2.3% to 0.53 in 2026.
- Business Quant data shows DVN's Asset Utilization Ratio at 0.53 in Q1 2026, 0.54 in Q4 2025, and 0.56 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.17 Bn | 156.48 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.49 Bn | 104.60 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.57 Bn | 75.66 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.79 Bn | 59.33 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.34 Bn | 45.34 Bn | 6.02 Bn | 0.39 |
| 6 | Woodside Energy | 46.14 Bn | 40.20 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.45 Bn | 35.30 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 34.08 Bn | 33.96 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.53 Bn | 26.29 Bn | - | 0.50 |
| 10 | Expand Energy | 23.15 Bn | 21.88 Bn | 2.33 Bn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.53 |
| Dec 31, 2025 | 0.54 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.57 |
| Jun 30, 2024 | 0.63 |
| 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 | 0.92 |
| Jun 30, 2022 | 0.89 |
| Mar 31, 2022 | 0.81 |
| Dec 31, 2021 | 0.73 |
| Sep 30, 2021 | 0.52 |