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
DateValue
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