Devon Energy (DVN) EV to FCF (2009 - 2026)
Devon Energy's (DVN) quarterly EV to FCF came in at 18.86 in Q2 2026, down 40.48% year-over-year from 31.69 in Q2 2025, and down 47.74% quarter-over-quarter from 36.1 in Q1 2026.
Analysis
Devon Energy (DVN) EV to FCF (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported EV to FCF for 18 consecutive years, with 18.86 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF fell 40.48% year-over-year to 18.86 in Q2 2026; TTM through Jun 2026 was 9.47, a 58.31% increase from a year earlier, with the FY2025 full-year figure at 6.82, down 2.16% from the prior year.
- EV to FCF was 18.86 for Q2 2026 at Devon Energy, down from 36.1 in the prior quarter.
- Over five years, EV to FCF peaked at 93.9 in Q2 2023 and troughed at 15.57 in Q2 2022.
- A 5-year average of 34.78 and a median of 31.89 in 2024 frame the typical range for EV to FCF.
- Across the five-year window, EV to FCF sank 79.96% in 2022 and jumped 503.28% in 2023, its largest moves.
- Over 5 years, EV to FCF stood at 35.14 in 2022, then slipped by 3.5% to 33.91 in 2023, then decreased by 17.68% to 27.92 in 2024, then climbed by 8.56% to 30.31 in 2025, then sank by 37.76% to 18.86 in 2026.
- The last three EV to FCF figures came in at 18.86 (Q2 2026), 36.1 (Q1 2026), and 30.31 (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.86 |
| Mar 31, 2026 | 36.10 |
| Dec 31, 2025 | 30.31 |
| Sep 30, 2025 | 25.26 |
| Jun 30, 2025 | 31.69 |
| Mar 31, 2025 | 22.83 |
| Dec 31, 2024 | 27.92 |
| Sep 30, 2024 | 32.09 |
| Jun 30, 2024 | 48.88 |
| Mar 31, 2024 | 36.42 |
| Dec 31, 2023 | 33.91 |
| Sep 30, 2023 | 35.52 |
| Jun 30, 2023 | 93.90 |
| Mar 31, 2023 | 47.69 |
| Dec 31, 2022 | 35.14 |
| Sep 30, 2022 | 25.83 |
| Jun 30, 2022 | 15.57 |
| Mar 31, 2022 | 28.10 |
| Dec 31, 2021 | 24.57 |
| Sep 30, 2021 | 19.45 |