Devon Energy (DVN) FCF Margin (2009 - 2026)
Devon Energy (DVN) reported FCF Margin of 18.1% for Q1 2026, down 405.0% year-over-year from 5.93% in Q1 2025, and up 6.26% quarter-over-quarter from 17.03% in Q4 2025.
Devon Energy (DVN) FCF Margin (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of FCF Margin data on file, last reported at 18.1% in Q1 2026.
- FCF Margin for Q1 2026 came in at 18.1%, down 405.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.05% (down 717.0% YoY), and the FY2025 annual result was 18.15%, down 39.0% from the prior year.
- FCF Margin advanced to 18.1% in Q1 2026 per DVN's latest filing, from 17.03% in the prior quarter.
- Over five years, FCF Margin peaked at 2807.14% in Q3 2024 and troughed at 9.44% in Q2 2023.
- A 5-year average of 184.83% and a median of 20.92% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2025: FCF Margin soared 278622 bps in 2024, then tumbled 278785 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 25.44% in 2022, then slipped by 17 bps to 21.0% in 2023, then decreased by 20 bps to 16.76% in 2024, then increased by 2 bps to 17.03% in 2025, then grew by 6 bps to 18.1% in 2026.
- Business Quant data shows DVN's FCF Margin at 18.1% in Q1 2026, 17.03% in Q4 2025, and 19.29% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 19.35% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 8.55% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 40.64% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 24.02% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 21.11% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 9.90% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 72.71% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -26,217.00% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 18.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.10% |
| Dec 31, 2025 | 17.03% |
| Sep 30, 2025 | 19.29% |
| Jun 30, 2025 | 13.75% |
| Mar 31, 2025 | 22.15% |
| Dec 31, 2024 | 16.76% |
| Sep 30, 2024 | 2,807.14% |
| Jun 30, 2024 | 15.07% |
| Mar 31, 2024 | 23.47% |
| Dec 31, 2023 | 21.00% |
| Sep 30, 2023 | 20.92% |
| Jun 30, 2023 | 9.44% |
| Mar 31, 2023 | 17.69% |
| Dec 31, 2022 | 25.44% |
| Sep 30, 2022 | 28.47% |
| Jun 30, 2022 | 37.42% |
| Mar 31, 2022 | 28.92% |
| Dec 31, 2021 | 25.97% |
| Sep 30, 2021 | 32.43% |
| Jun 30, 2021 | 24.37% |