Devon Energy DVN
NYSE DVN
$48.98 +0.58 (+1.20%)
As of: Sep 9, 2026 · 3:59 PM EDT

Devon Energy (DVN) EV to CFO (2009 - 2026)

Devon Energy's (DVN) quarterly EV to CFO came in at 12.1 in Q2 2026, little changed year-over-year from 12.08 in Q2 2025, and down 32.03% quarter-over-quarter from 17.8 in Q1 2026.

Analysis

Devon Energy (DVN) EV to CFO (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported EV to CFO for 18 consecutive years, with 12.1 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to CFO changed 0.12% year-over-year to 12.1 in Q2 2026; TTM through Jun 2026 was 5.2, a 89.69% increase from a year earlier, with the FY2025 full-year figure at 3.17, up 1.56% from the prior year.
  • EV to CFO was 12.1 for Q2 2026 at Devon Energy, down from 17.8 in the prior quarter.
  • Over five years, EV to CFO peaked at 21.79 in Q2 2023 and troughed at 11.85 in Q1 2025.
  • A 5-year average of 16.04 and a median of 16.75 in 2023 frame the typical range for EV to CFO.
  • Across the five-year window, EV to CFO jumped 78.08% in 2023 and plunged 35.36% in 2025, its largest moves.
  • Over 5 years, EV to CFO stood at 20.36 in 2022, then dropped by 20.68% to 16.15 in 2023, then fell by 23.31% to 12.38 in 2024, then gained by 12.02% to 13.87 in 2025, then declined by 12.79% to 12.1 in 2026.
  • The last three EV to CFO figures came in at 12.1 (Q2 2026), 17.8 (Q1 2026), and 13.87 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 166.07 Bn 158.38 Bn 12.81 Bn
2 Canadian Natural Resources 107.37 Bn 105.48 Bn 8.84 Bn
3 Eog Resources 77.26 Bn 72.36 Bn -
4 Diamondback Energy 56.93 Bn 56.47 Bn 5.55 Bn
5 Devon Energy 45.90 Bn 44.89 Bn 6.02 Bn
6 Expand Energy 23.03 Bn 21.76 Bn 2.33 Bn
7 Permian Resources 19.81 Bn 19.55 Bn -
8 Ovintiv 18.04 Bn 17.15 Bn 2.83 Bn
9 Apa 15.80 Bn 15.36 Bn 2.28 Bn
10 Antero Resources 12.13 Bn 11.56 Bn 1.56 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.10
Mar 31, 2026 17.80
Dec 31, 2025 13.87
Sep 30, 2025 12.26
Jun 30, 2025 12.08
Mar 31, 2025 11.85
Dec 31, 2024 12.38
Sep 30, 2024 15.17
Jun 30, 2024 18.69
Mar 31, 2024 17.69
Dec 31, 2023 16.15
Sep 30, 2023 17.36
Jun 30, 2023 21.79
Mar 31, 2023 18.91
Dec 31, 2022 20.36
Sep 30, 2022 18.12
Jun 30, 2022 12.23
Mar 31, 2022 19.89
Dec 31, 2021 16.78
Sep 30, 2021 13.68