Devon Energy (DVN) EBITDA (2009 - 2026)
Devon Energy's (DVN) quarterly EBITDA came in at $166.0 million in Q1 2026, down 74.3% year-on-year from $646.0 million in Q1 2025, and down 77.78% on a QoQ basis from $747.0 million in Q4 2025.
Devon Energy (DVN) EBITDA (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of EBITDA data on file, last reported at $166.0 million in Q1 2026.
- On a quarterly basis, EBITDA fell 74.3% year-over-year to $166.0 million in Q1 2026; TTM through Mar 2026 was $3.0 billion, a 16.82% decrease from a year earlier, with the FY2025 full-year figure at $3.5 billion, down 6.63% from the prior year.
- EBITDA for Q1 2026 stood at $166.0 million, down from $747.0 million in the prior quarter.
- Over the last five years, EBITDA for DVN reached as high as $2.5 billion in Q2 2022 and fell as low as $166.0 million in Q1 2026.
- Historically, EBITDA has averaged $1.2 billion across 5 years, with a median of $1.1 billion in 2024.
- Across the five-year window, EBITDA surged 4043.75% in 2022 and slumped 74.3% in 2026, its largest moves.
- Year by year, EBITDA stood at $1.6 billion in 2022, then retreated by 7.92% to $1.4 billion in 2023, then tumbled by 41.26% to $840.0 million in 2024, then fell by 11.07% to $747.0 million in 2025, then tumbled by 77.78% to $166.0 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $166.0 million in Q1 2026, $747.0 million in Q4 2025, and $912.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 7.20 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.60 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 116.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 19.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 394.04 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 182.33 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 166.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.53 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 994.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 747.00 Mn |
| Sep 30, 2025 | 912.00 Mn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 646.00 Mn |
| Dec 31, 2024 | 840.00 Mn |
| Sep 30, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.04 Bn |
| Mar 31, 2024 | 768.00 Mn |
| Dec 31, 2023 | 1.43 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 897.00 Mn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 2.47 Bn |
| Jun 30, 2022 | 2.50 Bn |
| Mar 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 1.66 Bn |
| Sep 30, 2021 | 964.00 Mn |
| Jun 30, 2021 | 304.00 Mn |