Devon Energy (DVN) Dividend Coverage Ratio (2009 - 2026)
Devon Energy's (DVN) quarterly Dividend Coverage Ratio came in at 4.49 in Q2 2026, up 3.68% year-over-year from 4.33 in Q2 2025, and up 447.55% quarter-over-quarter from 0.82 in Q1 2026.
Analysis
Devon Energy (DVN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Dividend Coverage Ratio for 18 consecutive years, with 4.49 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 3.68% year-over-year to 4.49 in Q2 2026; TTM through Jun 2026 was 3.12, a 16.66% increase from a year earlier, with the FY2025 full-year figure at 2.79, up 20.72% from the prior year.
- Dividend Coverage Ratio was 4.49 for Q2 2026 at Devon Energy, up from 0.82 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 4.49 in Q2 2026 and troughed at 0.82 in Q1 2026.
- A 5-year average of 2.22 and a median of 2.07 in 2022 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio plunged 51.42% in 2023 and surged 173.2% in 2024, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 1.38 in 2022, then climbed by 29.12% to 1.78 in 2023, then jumped by 54.29% to 2.74 in 2024, then declined by 17.74% to 2.26 in 2025, then surged by 98.95% to 4.49 in 2026.
- The last three Dividend Coverage Ratio figures came in at 4.49 (Q2 2026), 0.82 (Q1 2026), and 2.26 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 3.84 |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | -3.69 |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 5.04 |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 6.61 |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 4.49 |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 3.78 |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 5.83 |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 5.43 |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 8.49 |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 37.93 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.49 |
| Mar 31, 2026 | 0.82 |
| Dec 31, 2025 | 2.26 |
| Sep 30, 2025 | 3.04 |
| Jun 30, 2025 | 4.33 |
| Mar 31, 2025 | 1.59 |
| Dec 31, 2024 | 2.74 |
| Sep 30, 2024 | 2.35 |
| Jun 30, 2024 | 3.10 |
| Mar 31, 2024 | 1.49 |
| Dec 31, 2023 | 1.78 |
| Sep 30, 2023 | 2.39 |
| Jun 30, 2023 | 1.13 |
| Mar 31, 2023 | 1.41 |
| Dec 31, 2022 | 1.38 |
| Sep 30, 2022 | 1.89 |
| Jun 30, 2022 | 2.33 |
| Mar 31, 2022 | 1.49 |
| Dec 31, 2021 | 2.73 |
| Sep 30, 2021 | 2.57 |