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

Devon Energy's (DVN) quarterly EBIT Margin came in at 3.68% in Q1 2026, down 1052.0% year-on-year from 0.39% in Q1 2025, and down 80.59% on a QoQ basis from 18.97% in Q4 2025.

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

Devon Energy (DVN) has 18 years of EBIT Margin data on file, last reported at 3.68% in Q1 2026.

  • On a quarterly basis, EBIT Margin fell 1052.0% year-over-year to 3.68% in Q1 2026; TTM through Mar 2026 was 17.59%, a 359.0% decrease from a year earlier, with the FY2025 full-year figure at 20.65%, down 267.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 3.68%, down from 18.97% in the prior quarter.
  • Over the last five years, EBIT Margin for DVN reached as high as 45.38% in Q3 2022 and fell as low as 3.68% in Q1 2026.
  • Historically, EBIT Margin has averaged 26.48% across 5 years, with a median of 26.6% in 2023.
  • Across the five-year window, EBIT Margin surged 3330 bps in 2022 and tumbled 1878 bps in 2023, its largest moves.
  • Year by year, EBIT Margin stood at 35.68% in 2022, then retreated by 0 bps to 35.51% in 2023, then plunged by 47 bps to 18.72% in 2024, then gained by 1 bps to 18.97% in 2025, then tumbled by 81 bps to 3.68% in 2026.
  • Per Business Quant data, the three most recent EBIT Margin figures were 3.68% in Q1 2026, 18.97% in Q4 2025, and 21.45% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 45.70%
2 Eog Resources 74.61 Bn 70.76 Bn - 37.54%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 2.74%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 89.26%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.36%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 21.77%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 76.99%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.68%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 34.82%
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 32.99%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.68%
Dec 31, 2025 18.97%
Sep 30, 2025 21.45%
Jun 30, 2025 27.10%
Mar 31, 2025 14.20%
Dec 31, 2024 18.72%
Sep 30, 2024 26.44%
Jun 30, 2024 26.71%
Mar 31, 2024 20.53%
Dec 31, 2023 35.51%
Sep 30, 2023 26.60%
Jun 30, 2023 25.41%
Mar 31, 2023 32.56%
Dec 31, 2022 35.68%
Sep 30, 2022 45.38%
Jun 30, 2022 43.05%
Mar 31, 2022 28.08%
Dec 31, 2021 28.57%
Sep 30, 2021 25.36%
Jun 30, 2021 9.74%