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

Devon Energy (DVN) reported Invested Capital of $23.8 billion for Q1 2026, up 0.68% year-over-year from $23.7 billion in Q1 2025, and little changed quarter-over-quarter from $23.9 billion in Q4 2025.

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

Devon Energy (DVN) has 18 years of Invested Capital data on file, last reported at $23.8 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $23.8 billion, up 0.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.8 billion (up 0.68% YoY), and the FY2025 annual result was $23.9 billion, up 1.4% from the prior year.
  • Invested Capital held at $23.8 billion in Q1 2026 per DVN's latest filing, from $23.9 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $24.2 billion in Q2 2025 and troughed at $9.4 billion in Q1 2022.
  • A 5-year average of $19.4 billion and a median of $18.5 billion in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2022 and 2026: Invested Capital jumped 92.67% in 2022, then increased 0.68% in 2026.
  • A 5-year view of Invested Capital shows it stood at $17.7 billion in 2022, then rose by 3.59% to $18.4 billion in 2023, then increased by 28.39% to $23.6 billion in 2024, then rose by 1.4% to $23.9 billion in 2025, then declined by 0.43% to $23.8 billion in 2026.
  • Business Quant data shows DVN's Invested Capital at $23.8 billion in Q1 2026, $23.9 billion in Q4 2025, and $23.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 37.16 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 321.58 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 86.96 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 30.94 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 54.27 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 49.62 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 2.62 Bn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 34.78 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 177.38 Bn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 23.81 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.81 Bn
Dec 31, 2025 23.92 Bn
Sep 30, 2025 23.74 Bn
Jun 30, 2025 24.17 Bn
Mar 31, 2025 23.65 Bn
Dec 31, 2024 23.59 Bn
Sep 30, 2024 23.36 Bn
Jun 30, 2024 18.87 Bn
Mar 31, 2024 18.49 Bn
Dec 31, 2023 18.37 Bn
Sep 30, 2023 17.94 Bn
Jun 30, 2023 17.56 Bn
Mar 31, 2023 17.53 Bn
Dec 31, 2022 17.74 Bn
Sep 30, 2022 17.46 Bn
Jun 30, 2022 10.23 Bn
Mar 31, 2022 9.44 Bn
Dec 31, 2021 15.88 Bn
Sep 30, 2021 9.06 Bn
Jun 30, 2021 8.54 Bn