Devon Energy (DVN) Dividend Coverage Ratio (2009 - 2026)
Devon Energy's (DVN) Dividend Coverage Ratio came in at 5.22 for Q2 2026, down 9.4% from 5.76 a year earlier but up 574.4% from the prior quarter.
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Analysis
Devon Energy (DVN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at Devon Energy was 4.00, up 3.1% year-over-year; for FY2025, it was 4.33, up 40.4% from FY2024.
- Annual Dividend Coverage Ratio has increased for three consecutive years.
- In prior years, Devon Energy's Dividend Coverage Ratio was 3.09 in FY2024 (+53.0%), 2.02 in FY2023 (+13.3%), 1.78 in FY2022 (-16.8%) and 2.14 in FY2021.
- Quarterly Dividend Coverage Ratio has run from a low of 0.77 in Q1 2026 to a high of 5.76 in Q2 2025 over five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined in each of the last three quarters, with growth averaging 18.6% over the last eight quarters.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q2 2024, with growth of 153.4%; the weakest was Q1 2026, with a decline of 74.5%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 0.77 (Q1 2026), 3.77 (Q4 2025) and 4.55 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 3.38 |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 3.45 |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 4.53 |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 2.60 |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 3.45 |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 7.05 |
| 10 | Devon Energy | 46.72 Bn | 46.72 Bn | 5.54 Bn | 5.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.22 |
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 3.77 |
| Sep 30, 2025 | 4.55 |
| Jun 30, 2025 | 5.76 |
| Mar 31, 2025 | 3.03 |
| Dec 31, 2024 | 4.47 |
| Sep 30, 2024 | 2.99 |
| Jun 30, 2024 | 3.78 |
| Mar 31, 2024 | 1.99 |
| Dec 31, 2023 | 2.36 |
| Sep 30, 2023 | 2.92 |
| Jun 30, 2023 | 1.49 |
| Mar 31, 2023 | 1.67 |
| Dec 31, 2022 | 1.37 |
| Sep 30, 2022 | 1.88 |
| Jun 30, 2022 | 2.33 |
| Mar 31, 2022 | 1.48 |
| Dec 31, 2021 | 2.72 |
| Sep 30, 2021 | 2.55 |
API Access
Devon Energy Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();