Devon Energy (DVN) FCF Payout Ratio (2009 - 2025)

Devon Energy's (DVN) quarterly FCF Payout Ratio came in at 0.39 in Q4 2025, up 331.33% year-on-year from 0.09 in Q4 2024, and up 47.66% on a QoQ basis from 0.26 in Q2 2025.

Devon Energy (DVN) FCF Payout Ratio (2009 - 2025) Analysis & Trends

Devon Energy (DVN) has 17 years of FCF Payout Ratio data on file, last reported at 0.39 in Q4 2025.

  • On a quarterly basis, FCF Payout Ratio rose 331.33% year-over-year to 0.39 in Q4 2025; TTM through Mar 2026 was 0.16, a 377.01% increase from a year earlier, with the FY2025 full-year figure at 0.09, up 1119.07% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 0.39, up from 0.26 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for DVN reached as high as 2.03 in Q4 2021 and fell as low as 1.22 in Q4 2022.
  • Historically, FCF Payout Ratio has averaged 0.17 across 5 years, with a median of 0.01 in 2023.
  • On a YoY basis, FCF Payout Ratio climbed as much as 7365.27% in 2022 and fell as far as 160.2% in 2022.
  • Year by year, FCF Payout Ratio stood at 2.03 in 2021, then sank by 160.2% to 1.22 in 2022, then soared by 76.84% to 0.28 in 2023, then jumped by 40.36% to 0.17 in 2024, then soared by 331.33% to 0.39 in 2025.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.39 in Q4 2025, 0.26 in Q2 2025, and 0.0 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.77
2 Eog Resources 74.61 Bn 70.76 Bn - 0.19
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.13
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn -1.50
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.26
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 0.26
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.08
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 0.08

Historic Data

Download Data
DateValue
Dec 31, 2025 0.39
Jun 30, 2025 0.26
Mar 31, 2025 0.00
Dec 31, 2024 -0.17
Sep 30, 2024 0.01
Jun 30, 2024 0.38
Mar 31, 2024 0.01
Dec 31, 2023 -0.28
Sep 30, 2023 0.37
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 -1.22
Sep 30, 2022 0.48
Jun 30, 2022 0.00
Mar 31, 2022 0.51
Dec 31, 2021 2.03
Sep 30, 2021 0.29
Jun 30, 2021 0.21
Mar 31, 2021 0.01
Dec 31, 2020 0.03