Devon Energy (DVN) Debt Ratio (2009 - 2026)
Devon Energy (DVN) posted quarterly Debt Ratio of 0.26 for Q1 2026, down 10.25% year-over-year from 0.29 in Q1 2025, and down 13.26% quarter-over-quarter from 0.3 in Q4 2025.
Devon Energy (DVN) Debt Ratio (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Debt Ratio for 18 consecutive years, with 0.26 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 10.25% year-over-year to 0.26; the TTM figure through Mar 2026 stood at 0.26 (down 10.25% YoY), while the FY2025 annual figure was 0.3, down 3.32% from the prior year.
- Debt Ratio retreated to 0.26 in Q1 2026 per DVN's latest filing, from 0.3 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.31 in Q4 2024 and bottomed at 0.24 in Q2 2024.
- Historically, Debt Ratio has averaged 0.28 across 5 years, with a median of 0.28 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio retreated 16.37% — and 2025, when it rose 22.24%.
- Devon Energy's Debt Ratio stood at 0.28 in 2022, then decreased by 2.06% to 0.27 in 2023, then grew by 13.36% to 0.31 in 2024, then dropped by 3.32% to 0.3 in 2025, then dropped by 13.26% to 0.26 in 2026.
- Business Quant data shows DVN's Debt Ratio at 0.26 in Q1 2026, 0.3 in Q4 2025, and 0.3 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 0.18 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.18 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.29 |
| 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 |