Devon Energy (DVN) EBIT (2009 - 2026)
Devon Energy (DVN) reported EBIT of -$27.0 million for Q1 2026, up 83.93% year-over-year from -$14.7 million in Q1 2025, and up 76.32% quarter-over-quarter from -$114.0 million in Q4 2025.
Devon Energy (DVN) EBIT (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of EBIT data on file, last reported at -$27.0 million in Q1 2026.
- EBIT for Q1 2026 came in at -$27.0 million, up 83.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $58.0 million (up 101.58% YoY), and the FY2025 annual result was $728.0 million, down 6.67% from the prior year.
- EBIT climbed to -$27.0 million in Q1 2026 per DVN's latest filing, from -$114.0 million in the prior quarter.
- Over five years, EBIT peaked at $1.8 billion in Q2 2022 and troughed at -$3.7 billion in Q3 2024.
- A 5-year average of $205.0 million and a median of $229.0 million in 2024 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2025: EBIT jumped 944.98% in 2022, then plunged 1088.24% in 2025.
- A 5-year view of EBIT shows it stood at $891.0 million in 2022, then sank by 47.81% to $465.0 million in 2023, then slumped by 108.82% to -$41.0 million in 2024, then plunged by 178.05% to -$114.0 million in 2025, then soared by 76.32% to -$27.0 million in 2026.
- Business Quant data shows DVN's EBIT at -$27.0 million in Q1 2026, -$114.0 million in Q4 2025, and -$63.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | 1.10 Bn |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 5.68 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 7.20 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.60 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 3.76 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 116.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | 215.59 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 2.04 Bn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 266.77 Mn |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | -27.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -27.00 Mn |
| Dec 31, 2025 | -114.00 Mn |
| Sep 30, 2025 | -63.00 Mn |
| Jun 30, 2025 | 262.00 Mn |
| Mar 31, 2025 | -168.00 Mn |
| Dec 31, 2024 | -41.00 Mn |
| Sep 30, 2024 | -3.70 Bn |
| Jun 30, 2024 | 229.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 465.00 Mn |
| Sep 30, 2023 | 509.00 Mn |
| Jun 30, 2023 | 178.00 Mn |
| Mar 31, 2023 | 467.00 Mn |
| Dec 31, 2022 | 891.00 Mn |
| Sep 30, 2022 | 1.48 Bn |
| Jun 30, 2022 | 1.77 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.04 Bn |
| Sep 30, 2021 | 409.00 Mn |
| Jun 30, 2021 | -209.00 Mn |