Devon Energy (DVN) Deferred Taxes (2009 - 2026)
Devon Energy (DVN) posted quarterly Deferred Taxes of $234.0 million for Q1 2026, up 470.73% year-over-year from $41.0 million in Q1 2025, and up 178.57% quarter-over-quarter from $84.0 million in Q4 2025.
Devon Energy (DVN) Deferred Taxes (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Deferred Taxes for 18 consecutive years, with $234.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes rose 470.73% year-over-year to $234.0 million; the TTM figure through Mar 2026 stood at $599.0 million (up 123.51% YoY), while the FY2025 annual figure was $406.0 million, up 52.06% from the prior year.
- Deferred Taxes grew to $234.0 million in Q1 2026 per DVN's latest filing, from $84.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $445.0 million in Q3 2022 and bottomed at $13.0 million in Q3 2023.
- Historically, Deferred Taxes has averaged $139.6 million across 5 years, with a median of $119.0 million in 2023.
- Annual changes were most pronounced in 2022 — Deferred Taxes surged 1170.83% — and 2023, when it sank 97.08%.
- Devon Energy's Deferred Taxes stood at $176.0 million in 2022, then declined by 6.82% to $164.0 million in 2023, then sank by 85.37% to $24.0 million in 2024, then jumped by 250.0% to $84.0 million in 2025, then surged by 178.57% to $234.0 million in 2026.
- Business Quant data shows DVN's Deferred Taxes at $234.0 million in Q1 2026, $84.0 million in Q4 2025, and $263.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.72 Bn | 156.03 Bn | 12.81 Bn | 47.00 Mn |
| 2 | Canadian Natural Resources | 106.38 Bn | 104.49 Bn | 10.66 Bn | 225.55 Mn |
| 3 | Eog Resources | 80.14 Bn | 75.23 Bn | - | 346.00 Mn |
| 4 | Diamondback Energy | 59.38 Bn | 58.92 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Woodside Energy | 46.15 Bn | 40.21 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.08 Bn | 45.07 Bn | 6.02 Bn | 95.00 Mn |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn | 707.00 Mn |
| 8 | Eqt | 33.88 Bn | 33.76 Bn | 1.42 Bn | 81.22 Mn |
| 9 | Texas Pacific Land | 26.35 Bn | 26.10 Bn | - | -1.61 Mn |
| 10 | Expand Energy | 23.08 Bn | 21.81 Bn | 2.33 Bn | 146.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 95.00 Mn |
| Mar 31, 2026 | 234.00 Mn |
| Dec 31, 2025 | 84.00 Mn |
| Sep 30, 2025 | 263.00 Mn |
| Jun 30, 2025 | 18.00 Mn |
| Mar 31, 2025 | 41.00 Mn |
| Dec 31, 2024 | 24.00 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 | 176.00 Mn |
| Sep 30, 2022 | 445.00 Mn |
| Jun 30, 2022 | 305.00 Mn |
| Mar 31, 2022 | 164.00 Mn |
| Dec 31, 2021 | 109.00 Mn |
| Sep 30, 2021 | 119.00 Mn |