Devon Energy (DVN) EBITDA (2009 - 2026)
Devon Energy (DVN) recorded EBITDA of $1.93 billion in Q2 2026, up 168.2% from $718 million a year earlier and up 759.8% from the prior quarter.
Devon Energy (DVN) EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Devon Energy's EBITDA came in at $2.74 billion as of Jun 30, 2026, up 33.1% year-over-year; for FY2025, it was $1.43 billion, down 34.4% from FY2024.
- Annual EBITDA has declined for three straight years.
- Across earlier years, EBITDA came in at $2.18 billion in FY2024 (-21.4%), $2.77 billion in FY2023 (-43.2%), $4.88 billion in FY2022 (+106.4%) and $2.36 billion in FY2021.
- The Q2 2026 figure is the highest quarterly EBITDA since Q3 2014.
- On a year-over-year basis, EBITDA rose in three of the last eight quarters, with an average decline of 3.7%.
- Peak year-over-year performance for EBITDA in the last five years was growth of 817.4% in Q1 2022, against a decline of 62.5% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $224 million (Q1 2026), $248 million (Q4 2025) and $338 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 739.90 Bn | 696.39 Bn | - | 28.34 Bn |
| 2 | Chevron | 445.29 Bn | 417.41 Bn | 33.45 Bn | -13.84 Bn |
| 3 | Shell | 309.77 Bn | 239.51 Bn | 30.13 Bn | 27.62 Bn |
| 4 | TotalEnergies SE | 198.73 Bn | 79.31 Bn | 61.77 Bn | 18.43 Bn |
| 5 | Conocophillips | 176.66 Bn | 149.37 Bn | 12.81 Bn | 13.36 Bn |
| 6 | Equinor Asa | 119.04 Bn | 33.50 Bn | - | 15.71 Bn |
| 7 | Phillips 66 | 115.88 Bn | 103.67 Bn | 8.38 Bn | -38.11 Bn |
| 8 | Canadian Natural Resources | 113.67 Bn | 110.68 Bn | 8.84 Bn | 10.10 Bn |
| 9 | Suncor Energy | 95.78 Bn | 81.52 Bn | - | 2.37 Bn |
| 10 | Devon Energy | 46.90 Bn | 46.90 Bn | 5.54 Bn | 1.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Bn |
| Mar 31, 2026 | 228.00 Mn |
| Dec 31, 2025 | 251.00 Mn |
| Sep 30, 2025 | 342.00 Mn |
| Jun 30, 2025 | 721.00 Mn |
| Mar 31, 2025 | 226.00 Mn |
| Dec 31, 2024 | 415.00 Mn |
| Sep 30, 2024 | 711.00 Mn |
| Jun 30, 2024 | 700.00 Mn |
| Mar 31, 2024 | 502.00 Mn |
| Dec 31, 2023 | 782.00 Mn |
| Sep 30, 2023 | 755.00 Mn |
| Jun 30, 2023 | 552.00 Mn |
| Mar 31, 2023 | 727.00 Mn |
| Dec 31, 2022 | 992.00 Mn |
| Sep 30, 2022 | 1.51 Bn |
| Jun 30, 2022 | 1.48 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 945.00 Mn |
| Sep 30, 2021 | 705.00 Mn |
Devon Energy EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=DVN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();