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 EBITDA (2009 - 2026)

Devon Energy's (DVN) quarterly EV to EBITDA came in at 18.64 in Q2 2026, up 15.95% year-over-year from 16.08 in Q2 2025, and down 89.49% quarter-over-quarter from 177.43 in Q1 2026.

Analysis

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

Devon Energy (DVN) has reported EV to EBITDA for 18 consecutive years, with 18.64 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA rose 15.95% year-over-year to 18.64 in Q2 2026; TTM through Jun 2026 was 10.56, a 109.93% increase from a year earlier, with the FY2025 full-year figure at 6.14, up 10.59% from the prior year.
  • EV to EBITDA was 18.64 for Q2 2026 at Devon Energy, down from 177.43 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 177.43 in Q1 2026 and troughed at 13.13 in Q2 2022.
  • A 5-year average of 33.61 and a median of 25.48 in 2022 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA slumped 78.25% in 2022 and soared 398.17% in 2026, its largest moves.
  • Over 5 years, EV to EBITDA stood at 25.05 in 2022, then decreased by 21.7% to 19.61 in 2023, then grew by 25.06% to 24.53 in 2024, then climbed by 16.12% to 28.48 in 2025, then tumbled by 34.55% to 18.64 in 2026.
  • The last three EV to EBITDA figures came in at 18.64 (Q2 2026), 177.43 (Q1 2026), and 28.48 (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 18.64
Mar 31, 2026 177.43
Dec 31, 2025 28.48
Sep 30, 2025 22.71
Jun 30, 2025 16.08
Mar 31, 2025 35.62
Dec 31, 2024 24.53
Sep 30, 2024 23.71
Jun 30, 2024 27.59
Mar 31, 2024 40.02
Dec 31, 2023 19.61
Sep 30, 2023 27.93
Jun 30, 2023 34.13
Mar 31, 2023 25.91
Dec 31, 2022 25.05
Sep 30, 2022 15.47
Jun 30, 2022 13.13
Mar 31, 2022 28.95
Dec 31, 2021 16.32
Sep 30, 2021 22.67