Devon Energy (DVN) Free Cash Flow (2009 - 2026)
Devon Energy (DVN) reported Free Cash Flow of $816.0 million for Q1 2026, down 19.05% year-over-year from $1.0 billion in Q1 2025, and up 16.24% quarter-over-quarter from $702.0 million 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.
- Free Cash Flow for Q1 2026 came in at $816.0 million, down 19.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (down 6.16% YoY), and the FY2025 annual result was $3.1 billion, up 5.55% from the prior year.
- Free Cash Flow rose to $816.0 million in Q1 2026 per DVN's latest filing, from $702.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $2.1 billion in Q2 2022 and troughed at $326.0 million in Q2 2023.
- A 5-year average of $914.1 million and a median of $820.0 million in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow jumped 1297.85% in 2022, then slumped 84.51% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $1.1 billion in 2022, then dropped by 25.29% to $827.0 million in 2023, then slipped by 10.76% to $738.0 million in 2024, then dropped by 4.88% to $702.0 million in 2025, then advanced by 16.24% to $816.0 million in 2026.
- Business Quant data shows DVN's Free Cash Flow at $816.0 million in Q1 2026, $702.0 million in Q4 2025, and $820.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | -1.81 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 1.53 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.35 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 2.81 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 1.26 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 895.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 85.67 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 2.46 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -98.14 Bn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 816.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 816.00 Mn |
| Mar 31, 2026 | 816.00 Mn |
| Dec 31, 2025 | 702.00 Mn |
| Dec 31, 2025 | 702.00 Mn |
| Sep 30, 2025 | 820.00 Mn |
| Sep 30, 2025 | 820.00 Mn |
| Jun 30, 2025 | 589.00 Mn |
| Jun 30, 2025 | 589.00 Mn |
| Mar 31, 2025 | 1.01 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 738.00 Mn |
| Dec 31, 2024 | 738.00 Mn |
| Sep 30, 2024 | 786.00 Mn |
| Sep 30, 2024 | 786.00 Mn |
| 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 | 827.00 Mn |
| Dec 31, 2023 | 827.00 Mn |