Devon Energy DVN
NYSE DVN
$46.92 -0.67 (-1.42%)
As of: Sep 22, 2026 · 3:59 PM EDT

Devon Energy (DVN) Invested Capital (2009 - 2026)

Devon Energy's (DVN) quarterly Invested Capital came in at $56.1 billion in Q2 2026, up 123.27% year-over-year from $25.1 billion in Q2 2025, and up 117.45% quarter-over-quarter from $25.8 billion in Q1 2026.

Analysis

Devon Energy (DVN) Invested Capital (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported Invested Capital for 18 consecutive years, with $56.1 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Invested Capital rose 123.27% year-over-year to $56.1 billion in Q2 2026; TTM through Jun 2026 was $56.1 billion, a 123.27% increase from a year earlier, with the FY2025 full-year figure at $25.9 billion, up 5.52% from the prior year.
  • Invested Capital was $56.1 billion for Q2 2026 at Devon Energy, up from $25.8 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $56.1 billion in Q2 2026 and troughed at $15.9 billion in Q1 2022.
  • A 5-year average of $23.0 billion and a median of $19.6 billion in 2024 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital advanced 0.96% in 2022 and soared 123.27% in 2026, its largest moves.
  • Over 5 years, Invested Capital stood at $18.2 billion in 2022, then climbed by 6.03% to $19.3 billion in 2023, then advanced by 26.99% to $24.6 billion in 2024, then gained by 5.52% to $25.9 billion in 2025, then soared by 116.61% to $56.1 billion in 2026.
  • The last three Invested Capital figures came in at $56.1 billion (Q2 2026), $25.8 billion (Q1 2026), and $25.9 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Conocophillips 153.22 Bn 145.53 Bn 12.81 Bn 88.64 Bn
2 Canadian Natural Resources 100.56 Bn 98.67 Bn 8.84 Bn 20.96 Bn
3 Eog Resources 74.16 Bn 69.25 Bn - 39.79 Bn
4 Diamondback Energy 53.10 Bn 58.73 Bn 5.55 Bn 56.64 Bn
5 Devon Energy 52.37 Bn 51.36 Bn 6.02 Bn 56.13 Bn
6 Expand Energy 20.29 Bn 19.03 Bn 2.33 Bn 23.10 Bn
7 Permian Resources 18.41 Bn 18.15 Bn - 15.00 Bn
8 Ovintiv 16.64 Bn 15.76 Bn 2.83 Bn 15.23 Bn
9 Apa 15.35 Bn 15.83 Bn 2.28 Bn 11.69 Bn
10 Antero Resources 10.48 Bn 9.91 Bn 1.56 Bn 10.93 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 56.13 Bn
Mar 31, 2026 25.81 Bn
Dec 31, 2025 25.91 Bn
Sep 30, 2025 25.74 Bn
Jun 30, 2025 25.14 Bn
Mar 31, 2025 24.62 Bn
Dec 31, 2024 24.56 Bn
Sep 30, 2024 23.36 Bn
Jun 30, 2024 19.82 Bn
Mar 31, 2024 19.45 Bn
Dec 31, 2023 19.34 Bn
Sep 30, 2023 18.92 Bn
Jun 30, 2023 18.05 Bn
Mar 31, 2023 18.02 Bn
Dec 31, 2022 18.24 Bn
Sep 30, 2022 17.97 Bn
Jun 30, 2022 16.69 Bn
Mar 31, 2022 15.91 Bn
Dec 31, 2021 15.88 Bn
Sep 30, 2021 15.55 Bn
API Access

Devon Energy Invested Capital 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=invested-capital&ticker=DVN&period=max&api_key=YOUR_API_KEY