Devon Energy DVN
NYSE DVN
$49.88 -0.50 (-0.99%)
As of: Oct 21, 2026 · 3:59 PM EDT

Devon Energy (DVN) EV to EBITDA (2010 - 2026)

Updated

Devon Energy's (DVN) EV to EBITDA came in at 16.61 for Q2 2026, up 67.2% from 9.93 a year earlier but down 18.8% from the prior quarter.

Analysis

Devon Energy (DVN) EV to EBITDA (2010 - 2026) Analysis & Trends

For FY2025, Devon Energy's EV to EBITDA stood at 15.93, up 61.5% from FY2024.

  • In prior years, Devon Energy's EV to EBITDA was 9.86 in FY2024 (-5.6%), 10.45 in FY2023 (+26.2%), 8.28 in FY2022 (-33.5%) and 12.44 in FY2021.
  • Quarterly EV to EBITDA has run from a low of 6.87 in Q1 2023 to a high of 22.21 in Q3 2021 over five years.
  • On a year-over-year basis, EV to EBITDA has increased in each of the last four quarters, with growth averaging 26.3% over the last eight quarters.
  • The strongest year-over-year quarter for EV to EBITDA in the past five years was Q1 2024, with growth of 78.6%; the weakest was Q3 2022, with a decline of 65.0%.
  • According to Business Quant data, EV to EBITDA for the three prior quarters was 20.46 (Q1 2026), 14.90 (Q4 2025) and 13.05 (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

Historic Data

Download Data
DateValue
Jun 30, 2026 16.50
Mar 31, 2026 20.28
Dec 31, 2025 14.75
Sep 30, 2025 12.91
Jun 30, 2025 9.85
Mar 31, 2025 11.81
Dec 31, 2024 9.21
Sep 30, 2024 9.61
Jun 30, 2024 10.90
Mar 31, 2024 12.31
Dec 31, 2023 10.27
Sep 30, 2023 10.15
Jun 30, 2023 8.22
Mar 31, 2023 6.91
Dec 31, 2022 7.92
Sep 30, 2022 7.82
Jun 30, 2022 8.55
Mar 31, 2022 11.78
Dec 31, 2021 12.59
Sep 30, 2021 22.51
API Access

Devon Energy EV to 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=ev-to-ebitda&ticker=DVN&period=max&api_key=YOUR_API_KEY