Devon Energy DVN
NYSE DVN
$48.98 +0.58 (+1.20%)
As of: Sep 9, 2026 · 3:59 PM EDT

Devon Energy (DVN) Debt Ratio (2009 - 2026)

Devon Energy's (DVN) quarterly Debt Ratio came in at 0.2 in Q2 2026, down 35.34% year-over-year from 0.31 in Q2 2025, and down 36.42% quarter-over-quarter from 0.32 in Q1 2026.

Analysis

Devon Energy (DVN) Debt Ratio (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported Debt Ratio for 18 consecutive years, with 0.2 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 35.34% year-over-year to 0.2 in Q2 2026; TTM through Jun 2026 was 0.2, a 35.34% decrease from a year earlier, with the FY2025 full-year figure at 0.33, up 1.7% from the prior year.
  • Debt Ratio was 0.2 for Q2 2026 at Devon Energy, down from 0.32 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.33 in Q3 2025 and troughed at 0.2 in Q2 2026.
  • A 5-year average of 0.3 and a median of 0.3 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio increased 13.33% in 2025 and tumbled 35.34% in 2026, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.3 in 2022, then decreased by 2.53% to 0.29 in 2023, then climbed by 11.14% to 0.32 in 2024, then grew by 1.7% to 0.33 in 2025, then slumped by 38.27% to 0.2 in 2026.
  • The last three Debt Ratio figures came in at 0.2 (Q2 2026), 0.32 (Q1 2026), and 0.33 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn 0.19
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn -
3 Eog Resources 76.13 Bn 71.22 Bn - 0.14
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn 0.18
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn 0.20
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn 0.13
7 Permian Resources 19.56 Bn 19.30 Bn - 0.16
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn 0.19
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn 0.21
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn 0.17
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.20
Mar 31, 2026 0.32
Dec 31, 2025 0.33
Sep 30, 2025 0.33
Jun 30, 2025 0.31
Mar 31, 2025 0.32
Dec 31, 2024 0.32
Sep 30, 2024 0.29
Jun 30, 2024 0.28
Mar 31, 2024 0.28
Dec 31, 2023 0.29
Sep 30, 2023 0.29
Jun 30, 2023 0.30
Mar 31, 2023 0.30
Dec 31, 2022 0.30
Sep 30, 2022 0.30
Jun 30, 2022 0.28
Mar 31, 2022 0.30
Dec 31, 2021 0.31
Sep 30, 2021 0.31