Devon Energy (DVN) Interest Expenses (2009 - 2026)
Devon Energy (DVN) reported Interest Expenses of $144 million for Q2 2026, up 14.3% from $126 million a year earlier and up 22.0% from the prior quarter.
Devon Energy (DVN) Interest Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Devon Energy's Interest Expenses came in at $506 million, up 5.6% year-over-year; for FY2025, it was $497 million, up 23.9% from FY2024.
- Interest Expenses has a five-year compound annual growth rate of 13.9% (FY2020 to FY2025).
- By year, Interest Expenses came in at $401 million in FY2024 (+8.7%), $369 million in FY2023 (-0.3%), $370 million in FY2022 (-4.6%) and $388 million in FY2021 (+49.8%).
- The Q2 2026 figure ranks as the highest quarterly Interest Expenses since Q3 2016.
- Year over year, Interest Expenses gained in six of the last eight quarters, with growth averaging 21.2%.
- The high point for year-over-year Interest Expenses in five years was Q4 2024 (growth of 47.1%); the low point was Q1 2022 (a decline of 12.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $118 million (Q1 2026), $119 million (Q4 2025) and $125 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 227.00 Mn |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 352.00 Mn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 1.11 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | -572.00 |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 172.06 Mn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | - |
| 10 | Devon Energy | 46.72 Bn | 46.72 Bn | 5.54 Bn | 144.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.00 Mn |
| Mar 31, 2026 | 118.00 Mn |
| Dec 31, 2025 | 119.00 Mn |
| Sep 30, 2025 | 125.00 Mn |
| Jun 30, 2025 | 126.00 Mn |
| Mar 31, 2025 | 127.00 Mn |
| Dec 31, 2024 | 128.00 Mn |
| Sep 30, 2024 | 98.00 Mn |
| Jun 30, 2024 | 88.00 Mn |
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 87.00 Mn |
| Sep 30, 2023 | 93.00 Mn |
| Jun 30, 2023 | 96.00 Mn |
| Mar 31, 2023 | 93.00 Mn |
| Dec 31, 2022 | 93.00 Mn |
| Sep 30, 2022 | 92.00 Mn |
| Jun 30, 2022 | 93.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 92.00 Mn |
| Sep 30, 2021 | 93.00 Mn |
Devon Energy Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=DVN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();