Devon Energy (DVN) FCF Payout Ratio (2009 - 2026)
Devon Energy's (DVN) FCF Payout Ratio came in at 0.16 for Q2 2026, down 41.3% from 0.26 a year earlier and down 18.2% from the prior quarter.
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Analysis
Devon Energy (DVN) FCF Payout Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Payout Ratio at Devon Energy was 0.17, down 25.6% year-over-year; for FY2025, it was 0.20, down 37.4% from FY2024.
- In prior years, Devon Energy's FCF Payout Ratio was 0.32 in FY2024 (-54.6%), 0.70 in FY2023 (+23.7%), 0.56 in FY2022 (+24.9%) and 0.45 in FY2021 (-45.3%).
- The Q2 2026 figure stands as the lowest quarterly FCF Payout Ratio since Q3 2016.
- On a year-over-year basis, FCF Payout Ratio increased in two of the last eight quarters, with an average decline of 27.4%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q2 2023, with growth of 259.4%; the weakest was Q1 2022, with a decline of 76.5%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 0.19 (Q1 2026), 0.21 (Q4 2025) and 0.18 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 0.25 |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 0.19 |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | - |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 0.32 |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 0.23 |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 0.08 |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 0.14 |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 0.10 |
| 10 | Devon Energy | 46.72 Bn | 46.72 Bn | 5.54 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.23 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.38 |
| Jun 30, 2023 | 1.50 |
| Mar 31, 2023 | 0.91 |
| Dec 31, 2022 | 0.80 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.51 |
| Dec 31, 2021 | 0.50 |
| Sep 30, 2021 | 0.30 |
| Jun 30, 2021 | 0.39 |
| Mar 31, 2021 | 2.18 |
| Dec 31, 2020 | 0.30 |
API Access
Devon Energy FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();