Devon Energy (DVN) Debt Ratio (2009 - 2026)
Devon Energy (DVN) reported Debt Ratio of 0.26 for Q1 2026, down 10.25% year-over-year from 0.29 in Q1 2025, and down 2.94% quarter-over-quarter from 0.27 in Q4 2025.
Devon Energy (DVN) Debt Ratio (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Debt Ratio data on file, last reported at 0.26 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.26, down 10.25% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.26 (down 10.25% YoY), and the FY2025 annual result was 0.27, down 8.88% from the prior year.
- Debt Ratio eased to 0.26 in Q1 2026 per DVN's latest filing, from 0.27 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.3 in Q1 2022 and troughed at 0.24 in Q2 2024.
- A 5-year average of 0.27 and a median of 0.27 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio retreated 16.37% in 2022, then grew 16.67% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.28 in 2022, then slipped by 9.18% to 0.25 in 2023, then rose by 15.93% to 0.29 in 2024, then fell by 8.88% to 0.27 in 2025, then decreased by 2.94% to 0.26 in 2026.
- Business Quant data shows DVN's Debt Ratio at 0.26 in Q1 2026, 0.27 in Q4 2025, and 0.27 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | 0.17 |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 0.19 |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.15 |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 0.19 |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 0.20 |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | 0.34 |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 0.02 |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 44.08 |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.31 |
| Jun 30, 2021 | 0.32 |