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 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

Historic Data

Download Data
DateValue
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