Devon Energy (DVN) Free Cash Flow (2009 - 2026)
Devon Energy (DVN) posted quarterly Free Cash Flow of $816.0 million for Q1 2026, down 56.06% year-over-year from $1.9 billion in Q1 2025, and down 46.46% quarter-over-quarter from $1.5 billion in Q4 2025.
Devon Energy (DVN) Free Cash Flow (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Free Cash Flow for 18 consecutive years, with $816.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow fell 56.06% year-over-year to $816.0 million; the TTM figure through Mar 2026 stood at $4.6 billion (down 45.81% YoY), while the FY2025 annual figure was $6.6 billion, changed 0.44% from the prior year.
- Free Cash Flow fell to $816.0 million in Q1 2026 per DVN's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $4.7 billion in Q4 2023 and bottomed at -$715.0 million in Q4 2022.
- Historically, Free Cash Flow has averaged $1.6 billion across 5 years, with a median of $1.5 billion in 2025.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 96.43% — and 2023, when it soared 753.71%.
- Devon Energy's Free Cash Flow stood at -$715.0 million in 2022, then surged by 753.71% to $4.7 billion in 2023, then fell by 5.97% to $4.4 billion in 2024, then slumped by 65.32% to $1.5 billion in 2025, then plunged by 46.46% to $816.0 million in 2026.
- Business Quant data shows DVN's Free Cash Flow at $816.0 million in Q1 2026, $1.5 billion in Q4 2025, and $1.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 4.41 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.72 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 3.03 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.59 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 2.36 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.50 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 397.84 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 70.05 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 343.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.36 Bn |
| Jun 30, 2026 | 2.36 Bn |
| Mar 31, 2026 | 816.00 Mn |
| Mar 31, 2026 | 816.00 Mn |
| Dec 31, 2025 | 1.52 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.67 Bn |
| Sep 30, 2025 | 1.67 Bn |
| Jun 30, 2025 | 589.00 Mn |
| Jun 30, 2025 | 589.00 Mn |
| Mar 31, 2025 | 1.86 Bn |
| Mar 31, 2025 | 1.86 Bn |
| Dec 31, 2024 | 4.40 Bn |
| Dec 31, 2024 | 4.40 Bn |
| Sep 30, 2024 | 1.65 Bn |
| Sep 30, 2024 | 1.65 Bn |
| Jun 30, 2024 | 587.00 Mn |
| Jun 30, 2024 | 587.00 Mn |
| Mar 31, 2024 | 844.00 Mn |
| Mar 31, 2024 | 844.00 Mn |