Devon Energy (DVN) Free Cash Flow (2009 - 2026)
Devon Energy's (DVN) quarterly Free Cash Flow came in at $816.0 million in Q1 2026, down 56.06% year-on-year from $1.9 billion in Q1 2025, and down 46.46% on a QoQ basis from $1.5 billion in Q4 2025.
Devon Energy (DVN) Free Cash Flow (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Free Cash Flow data on file, last reported at $816.0 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 56.06% year-over-year to $816.0 million in Q1 2026; TTM through Mar 2026 was $4.6 billion, a 45.81% decrease from a year earlier, with the FY2025 full-year figure at $6.6 billion, changed 0.44% from the prior year.
- Free Cash Flow for Q1 2026 stood at $816.0 million, down from $1.5 billion in the prior quarter.
- Over the last five years, Free Cash Flow for DVN reached as high as $4.7 billion in Q4 2023 and fell as low as -$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.
- Across the five-year window, Free Cash Flow tumbled 96.43% in 2022 and jumped 753.71% in 2023, its largest moves.
- Year by year, Free Cash Flow stood at -$715.0 million in 2022, then jumped by 753.71% to $4.7 billion in 2023, then decreased 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.
- Per Business Quant data, the three most recent Free Cash Flow figures were $816.0 million in Q1 2026, $1.5 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.35 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.81 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 895.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | -273.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 397.84 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 162.01 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 816.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.70 Bn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 4.67 Bn |
| Dec 31, 2023 | 4.67 Bn |