Devon Energy DVN
NYSE DVN
$49.87 +0.89 (+1.82%)
As of: Sep 10, 2026 · 2:02 PM EDT

Devon Energy (DVN) EBIT Margin (2009 - 2026)

Devon Energy's (DVN) quarterly EBIT Margin came in at 32.14% in Q2 2026, up 504.0% year-over-year from 5.32% in Q2 2025, and up 772.88% quarter-over-quarter from 3.68% in Q1 2026.

Analysis

Devon Energy (DVN) EBIT Margin (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported EBIT Margin for 18 consecutive years, with 32.14% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT Margin rose 504.0% year-over-year to 32.14% in Q2 2026; TTM through Jun 2026 was 20.66%, a 84.0% decrease from a year earlier, with the FY2025 full-year figure at 20.17%, down 312.0% from the prior year.
  • EBIT Margin was 32.14% for Q2 2026 at Devon Energy, up from 3.68% in the prior quarter.
  • Over five years, EBIT Margin peaked at 45.38% in Q3 2022 and troughed at 3.68% in Q1 2026.
  • A 5-year average of 26.75% and a median of 26.58% in 2023 frame the typical range for EBIT Margin.
  • Across the five-year window, EBIT Margin soared 3330 bps in 2022 and slumped 1878 bps in 2023, its largest moves.
  • Over 5 years, EBIT Margin stood at 35.68% in 2022, then rose by 2 bps to 36.3% in 2023, then slumped by 47 bps to 19.08% in 2024, then dropped by 5 bps to 18.13% in 2025, then jumped by 77 bps to 32.14% in 2026.
  • The last three EBIT Margin figures came in at 32.14% (Q2 2026), 3.68% (Q1 2026), and 18.13% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Conocophillips 166.97 Bn 159.28 Bn 12.81 Bn 53.17%
2 Canadian Natural Resources 106.82 Bn 104.92 Bn 8.84 Bn 81.91%
3 Eog Resources 77.61 Bn 72.70 Bn - 40.93%
4 Diamondback Energy 57.64 Bn 57.18 Bn 5.55 Bn 45.16%
5 Devon Energy 46.73 Bn 45.72 Bn 6.02 Bn 32.14%
6 Expand Energy 23.21 Bn 21.95 Bn 2.33 Bn 22.33%
7 Permian Resources 19.98 Bn 19.72 Bn - 49.95%
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn 32.99%
9 Apa 15.87 Bn 15.42 Bn 2.28 Bn 48.15%
10 Antero Resources 12.22 Bn 11.64 Bn 1.56 Bn 24.07%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.14%
Mar 31, 2026 3.68%
Dec 31, 2025 18.13%
Sep 30, 2025 21.06%
Jun 30, 2025 27.10%
Mar 31, 2025 14.20%
Dec 31, 2024 19.08%
Sep 30, 2024 26.44%
Jun 30, 2024 26.55%
Mar 31, 2024 20.53%
Dec 31, 2023 36.30%
Sep 30, 2023 26.60%
Jun 30, 2023 25.41%
Mar 31, 2023 32.02%
Dec 31, 2022 35.68%
Sep 30, 2022 45.38%
Jun 30, 2022 43.05%
Mar 31, 2022 28.08%
Dec 31, 2021 39.10%
Sep 30, 2021 25.36%