Devon Energy (DVN) Deferred Taxes (2009 - 2026)
Devon Energy's Deferred Taxes was $95 million in Q2 2026, up 427.8% from $18 million a year earlier but down 59.4% from the prior quarter.
Devon Energy (DVN) Deferred Taxes (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Devon Energy's Deferred Taxes was $754 million through Jun 30, 2026, up 159.1% year-over-year; for FY2025, it was $484 million, up 55.6% from FY2024.
- In earlier years, Deferred Taxes was $311 million in FY2024 (-17.3%), $376 million in FY2023 (-68.1%), $1.18 billion in FY2022 and $49 million in FY2021.
- Quarterly Deferred Taxes has moved between $13 million (Q3 2023) and $445 million (Q3 2022) over five years.
- Compared with a year earlier, Deferred Taxes has increased for four straight quarters, with growth averaging 141.0% over the last seven quarters.
- The best year-over-year quarter for Deferred Taxes over five years was Q1 2026 (growth of 470.7%); the worst was Q3 2023 (a decline of 97.1%).
- Per Business Quant data, DVN's Deferred Taxes in the three quarters before Q2 2026 was $234 million (Q1 2026), $162 million (Q4 2025) and $263 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 298.00 Mn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 47.00 Mn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 66.00 Mn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 225.55 Mn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | -71.00 Mn |
| 10 | Devon Energy | 46.72 Bn | 46.72 Bn | 5.54 Bn | 95.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.00 Mn |
| Mar 31, 2026 | 234.00 Mn |
| Dec 31, 2025 | 162.00 Mn |
| Sep 30, 2025 | 263.00 Mn |
| Jun 30, 2025 | 18.00 Mn |
| Mar 31, 2025 | 41.00 Mn |
| Dec 31, 2024 | 68.00 Mn |
| Sep 30, 2024 | 164.00 Mn |
| Jun 30, 2024 | 39.00 Mn |
| Mar 31, 2024 | 40.00 Mn |
| Dec 31, 2023 | 164.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 119.00 Mn |
| Mar 31, 2023 | 80.00 Mn |
| Dec 31, 2022 | 265.00 Mn |
| Sep 30, 2022 | 445.00 Mn |
| Jun 30, 2022 | 305.00 Mn |
| Mar 31, 2022 | 164.00 Mn |
| Dec 31, 2021 | 149.00 Mn |
| Sep 30, 2021 | 119.00 Mn |
Devon Energy Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=DVN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();