Devon Energy (DVN) EBITDA Margin (2009 - 2026)
Devon Energy's (DVN) quarterly EBITDA 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) EBITDA Margin (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of EBITDA Margin data on file, last reported at 3.68% in Q1 2026.
- On a quarterly basis, EBITDA 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.
- EBITDA Margin for Q1 2026 stood at 3.68%, down from 18.97% in the prior quarter.
- Over the last five years, EBITDA Margin for DVN reached as high as 45.38% in Q3 2022 and fell as low as 3.68% in Q1 2026.
- Historically, EBITDA Margin has averaged 26.48% across 5 years, with a median of 26.6% in 2023.
- Across the five-year window, EBITDA Margin surged 3330 bps in 2022 and tumbled 1878 bps in 2023, its largest moves.
- Year by year, EBITDA 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 EBITDA 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) | EBITDA 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| Date | Value |
|---|---|
| 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% |