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
DateValue
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%