Devon Energy (DVN) EV to CFO (2009 - 2026)
Devon Energy's (DVN) EV to CFO stood at 5.31 in Q2 2026, up 77.3% from 3.00 a year earlier and up 9.2% from the prior quarter.
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Analysis
Devon Energy (DVN) EV to CFO (2009 - 2026) Analysis & Trends
For FY2025, Devon Energy's EV to CFO came in at 3.38, up 4.1% from FY2024.
- Across earlier years, EV to CFO came in at 3.25 in FY2024 (-26.5%), 4.42 in FY2023 (-6.6%), 4.73 in FY2022 (-21.2%) and 6.00 in FY2021 (+122.3%).
- The Q2 2026 figure is the highest quarterly EV to CFO since Q1 2022.
- On a year-over-year basis, EV to CFO has increased for three consecutive quarters, with growth averaging 0.1% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 447.8% in Q3 2021, against a decline of 38.9% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.87 (Q1 2026), 3.38 (Q4 2025) and 3.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - |
| 10 | Devon Energy | 46.72 Bn | 46.72 Bn | 5.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.31 |
| Mar 31, 2026 | 4.87 |
| Dec 31, 2025 | 3.38 |
| Sep 30, 2025 | 3.21 |
| Jun 30, 2025 | 3.00 |
| Mar 31, 2025 | 3.56 |
| Dec 31, 2024 | 3.25 |
| Sep 30, 2024 | 3.88 |
| Jun 30, 2024 | 4.43 |
| Mar 31, 2024 | 4.83 |
| Dec 31, 2023 | 4.42 |
| Sep 30, 2023 | 4.57 |
| Jun 30, 2023 | 4.38 |
| Mar 31, 2023 | 3.90 |
| Dec 31, 2022 | 4.73 |
| Sep 30, 2022 | 4.79 |
| Jun 30, 2022 | 4.69 |
| Mar 31, 2022 | 6.37 |
| Dec 31, 2021 | 6.00 |
| Sep 30, 2021 | 6.00 |
API Access
Devon Energy EV to CFO 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=ev-to-cfo&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();